Dev Information Technology Limited

NSEI:DEVIT Stock Report

Market Cap: ₹2.6b

Dev Information Technology Management

Management criteria checks 2/4

Dev Information Technology's CEO is Jaimin Shah, appointed in Feb 2017, has a tenure of 7.33 years. total yearly compensation is ₹5.79M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 29.48% of the company’s shares, worth ₹761.38M. The average tenure of the management team and the board of directors is 7.3 years and 8.6 years respectively.

Key information

Jaimin Shah

Chief executive officer

₹5.8m

Total compensation

CEO salary percentage100.0%
CEO tenure7.3yrs
CEO ownership29.5%
Management average tenure7.3yrs
Board average tenure8.6yrs

Recent management updates

It's Unlikely That Dev Information Technology Limited's (NSE:DEVIT) CEO Will See A Huge Pay Rise This Year

Sep 24
It's Unlikely That Dev Information Technology Limited's (NSE:DEVIT) CEO Will See A Huge Pay Rise This Year

Recent updates

Dev Information Technology's (NSE:DEVIT) Profits Appear To Have Quality Issues

Jun 07
Dev Information Technology's (NSE:DEVIT) Profits Appear To Have Quality Issues

Here's Why We Think Dev Information Technology (NSE:DEVIT) Might Deserve Your Attention Today

May 09
Here's Why We Think Dev Information Technology (NSE:DEVIT) Might Deserve Your Attention Today

Not Many Are Piling Into Dev Information Technology Limited (NSE:DEVIT) Stock Yet As It Plummets 30%

Mar 13
Not Many Are Piling Into Dev Information Technology Limited (NSE:DEVIT) Stock Yet As It Plummets 30%

Dev Information Technology Limited's (NSE:DEVIT) P/E Is Still On The Mark Following 29% Share Price Bounce

Dec 23
Dev Information Technology Limited's (NSE:DEVIT) P/E Is Still On The Mark Following 29% Share Price Bounce

Here's Why We Think Dev Information Technology (NSE:DEVIT) Might Deserve Your Attention Today

Dec 16
Here's Why We Think Dev Information Technology (NSE:DEVIT) Might Deserve Your Attention Today

It's Unlikely That Dev Information Technology Limited's (NSE:DEVIT) CEO Will See A Huge Pay Rise This Year

Sep 24
It's Unlikely That Dev Information Technology Limited's (NSE:DEVIT) CEO Will See A Huge Pay Rise This Year

Does Dev Information Technology (NSE:DEVIT) Deserve A Spot On Your Watchlist?

Jun 29
Does Dev Information Technology (NSE:DEVIT) Deserve A Spot On Your Watchlist?

Has Dev Information Technology Limited's (NSE:DEVIT) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

Feb 08
Has Dev Information Technology Limited's (NSE:DEVIT) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

CEO Compensation Analysis

How has Jaimin Shah's remuneration changed compared to Dev Information Technology's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

₹93m

Dec 31 2023n/an/a

₹85m

Sep 30 2023n/an/a

₹97m

Jun 30 2023n/an/a

₹92m

Mar 31 2023₹6m₹6m

₹90m

Dec 31 2022n/an/a

₹60m

Sep 30 2022n/an/a

₹29m

Jun 30 2022n/an/a

₹16m

Mar 31 2022₹3m₹3m

₹1m

Dec 31 2021n/an/a

-₹7m

Sep 30 2021n/an/a

₹10m

Jun 30 2021n/an/a

₹6m

Mar 31 2021₹3m₹3m

-₹3m

Dec 31 2020n/an/a

₹15m

Sep 30 2020n/an/a

₹21m

Jun 30 2020n/an/a

₹29m

Mar 31 2020₹3m₹3m

₹37m

Dec 31 2019n/an/a

₹44m

Sep 30 2019n/an/a

₹51m

Jun 30 2019n/an/a

₹47m

Mar 31 2019₹2m₹2m

₹44m

Compensation vs Market: Jaimin's total compensation ($USD69.27K) is above average for companies of similar size in the Indian market ($USD38.14K).

Compensation vs Earnings: Jaimin's compensation has increased by more than 20% in the past year.


CEO

Jaimin Shah

7.3yrs

Tenure

₹5,790,000

Compensation

Mr. Jaiminbhai Jagdishbhai Shah, also known as Jaimin, is the Founder of Dev Information Technology Pvt. Ltd., and has been its Managing Director since February 21, 2017. Mr. Shah serves as the Chief Execu...


Leadership Team

NamePositionTenureCompensationOwnership
Pranav Pandya
Founder & Chairman of the Board26.5yrs₹6.02m22.27%
₹ 575.1m
Jaiminbhai Shah
Founder7.3yrs₹5.79m29.48%
₹ 761.4m
Harshil Shah
Chief Financial Officer7.3yrs₹1.09mno data
Vishal Vasu
CTO & Whole Time Director7.3yrs₹2.97m7.07%
₹ 182.6m
Krisa Patel
Company Secretary & Compliance Officer7.3yrs₹595.00kno data
Prerak Shah
Whole-Time Directorno data₹3.04m3.34%
₹ 86.1m
Chaitali Shah
HR Manager - Payroll Operationsno datano datano data
Ketan Shah
Practice Head of Enterprise Applicationsno datano datano data
Sanjay Santoki
Cloud Excellence Head CCoE1.4yrsno datano data
Shomy Sathyadevan
Delivery Head of Cloud & Blockchainno datano datano data
Nilesh Mandani
Senior Vice President of Sales - Enterprise Applicationsless than a yearno datano data
Manoj Dhanak
Senior Vice President of Sales - Blockchainless than a yearno datano data

7.3yrs

Average Tenure

52yo

Average Age

Experienced Management: DEVIT's management team is seasoned and experienced (7.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Pranav Pandya
Founder & Chairman of the Board26.5yrs₹6.02m22.27%
₹ 575.1m
Jaiminbhai Shah
Founder26.5yrs₹5.79m29.48%
₹ 761.4m
Vishal Vasu
CTO & Whole Time Director9.9yrs₹2.97m7.07%
₹ 182.6m
Prerak Shah
Whole-Time Director9.9yrs₹3.04m3.34%
₹ 86.1m
Venkata Rama Subba Velamuri
Independent Non-Executive Director7.3yrs₹40.00kno data
Rama Moondra
Non-Executive Woman Independent Director7.3yrs₹40.00kno data
Jatin Trivedi
Independent Non-Executive Director4.5yrs₹45.00kno data
Umesh Rateja
Independent Non-Executive Director2yrs₹25.00kno data

8.6yrs

Average Tenure

51.5yo

Average Age

Experienced Board: DEVIT's board of directors are considered experienced (8.6 years average tenure).


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