DEVIT Stock Overview
Provides information technology enabled services in India and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
Rewards
Risk Analysis
+ 1 more risk
Dev Information Technology Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹158.42 |
| 52 Week High | ₹177.97 |
| 52 Week Low | ₹94.00 |
| Beta | 0.015 |
| 11 Month Change | 7.70% |
| 3 Month Change | 27.11% |
| 1 Year Change | 19.38% |
| 33 Year Change | 337.02% |
| 5 Year Change | 845.79% |
| Change since IPO | 923.72% |
Recent News & Updates
Recent updates
Dev Information Technology (NSE:DEVIT) Is Paying Out A Dividend Of ₹0.25
Sep 22
Dev Information Technology (NSE:DEVIT) Will Pay A Dividend Of ₹0.25
Sep 08Optimistic Investors Push Dev Information Technology Limited (NSE:DEVIT) Shares Up 27% But Growth Is Lacking
Jul 05Dev Information Technology's (NSE:DEVIT) Profits Appear To Have Quality Issues
Jun 07Here's Why We Think Dev Information Technology (NSE:DEVIT) Might Deserve Your Attention Today
May 09Not Many Are Piling Into Dev Information Technology Limited (NSE:DEVIT) Stock Yet As It Plummets 30%
Mar 13Dev Information Technology Limited's (NSE:DEVIT) P/E Is Still On The Mark Following 29% Share Price Bounce
Dec 23Here's Why We Think Dev Information Technology (NSE:DEVIT) Might Deserve Your Attention Today
Dec 16It's Unlikely That Dev Information Technology Limited's (NSE:DEVIT) CEO Will See A Huge Pay Rise This Year
Sep 24Does Dev Information Technology (NSE:DEVIT) Deserve A Spot On Your Watchlist?
Jun 29Has Dev Information Technology Limited's (NSE:DEVIT) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Feb 08
Shareholder Returns
| DEVIT | IN IT | IN Market | |
|---|---|---|---|
| 7D | 5.9% | -2.7% | -1.8% |
| 1Y | 19.4% | 23.9% | 27.2% |
Return vs Industry: DEVIT underperformed the Indian IT industry which returned 23% over the past year.
Return vs Market: DEVIT underperformed the Indian Market which returned 27% over the past year.
Price Volatility
| DEVIT volatility | |
|---|---|
| DEVIT Average Weekly Movement | 8.5% |
| IT Industry Average Movement | 6.5% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in IN Market | 9.2% |
| 10% least volatile stocks in IN Market | 4.0% |
Stable Share Price: DEVIT's share price has been volatile over the past 3 months compared to the Indian market.
Volatility Over Time: DEVIT's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1997 | 971 | Jaimin Shah | www.devitpl.com |
Dev Information Technology Limited provides information technology enabled services in India and internationally. The company offers cloud services, including cloud advisory, cloud application modernization, managed cloud, enterprise devOps, and backup and recovery services; and managed IT services, such as managed digital workplace and data center support services, as well as application development services comprising bespoke software, eGov platforms, and mobile app development. It also provides digital transformation services consisting of modern workplace, M365 migration services, hybrid and remote work, cyber security services, data and analytics, and blockchain solutions; and enterprise applications, such as Microsoft D365 F&O, Microsoft D365 CRM, D365 business central, and microsoft power platform.
Dev Information Technology Limited Fundamentals Summary
| DEVIT fundamental statistics | |
|---|---|
| Market cap | ₹3.56b |
| Earnings (TTM) | ₹177.60m |
| Revenue (TTM) | ₹1.47b |
20.1x
P/E Ratio2.4x
P/S RatioIs DEVIT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| DEVIT income statement (TTM) | |
|---|---|
| Revenue | ₹1.47b |
| Cost of Revenue | ₹1.26b |
| Gross Profit | ₹201.21m |
| Other Expenses | ₹23.61m |
| Earnings | ₹177.60m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 7.90 |
| Gross Margin | 13.73% |
| Net Profit Margin | 12.12% |
| Debt/Equity Ratio | 35.3% |
How did DEVIT perform over the long term?
See historical performance and comparisonDividends
0.3%
Current Dividend Yield6%
Payout RatioDoes DEVIT pay a reliable dividends?
See DEVIT dividend history and benchmarks| Dev Information Technology dividend dates | |
|---|---|
| Ex Dividend Date | Nov 26 2024 |
| Dividend Pay Date | Dec 12 2024 |
| Days until Ex dividend | 6 days |
| Days until Dividend pay date | 22 days |
Does DEVIT pay a reliable dividends?
See DEVIT dividend history and benchmarks