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Dev Information Technology Limited

NSEI:DEVIT Stock Report

Market Cap: ₹1.3b

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Dev Information Technology Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Jaimin Shah

Chief executive officer

₹4.0m

Total compensation

CEO salary percentage100.00%
CEO tenure28.8yrs
CEO ownership13.1%
Management average tenure3.2yrs
Board average tenure9.5yrs

Recent management updates

Recent updates

Analysis Article • Jun 05

Dev Information Technology's (NSE:DEVIT) Earnings Aren't As Good As They Appear

We didn't see Dev Information Technology Limited's ( NSE:DEVIT ) stock surge when it reported robust earnings recently...
Analysis Article • Sep 09

Dev Information Technology (NSE:DEVIT) Is Due To Pay A Dividend Of ₹0.25

The board of Dev Information Technology Limited ( NSE:DEVIT ) has announced that it will pay a dividend of ₹0.25 per...
Analysis Article • Jul 02

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

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article • Jan 29

Is Dev Information Technology (NSE:DEVIT) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Nov 24

Dev Information Technology Limited's (NSE:DEVIT) Shares Leap 26% Yet They're Still Not Telling The Full Story

The Dev Information Technology Limited ( NSE:DEVIT ) share price has done very well over the last month, posting an...
Analysis Article • Sep 22

Dev Information Technology (NSE:DEVIT) Is Paying Out A Dividend Of ₹0.25

The board of Dev Information Technology Limited ( NSE:DEVIT ) has announced that it will pay a dividend on the 30th of...
Analysis Article • Sep 08

Dev Information Technology (NSE:DEVIT) Will Pay A Dividend Of ₹0.25

Dev Information Technology Limited ( NSE:DEVIT ) will pay a dividend of ₹0.25 on the 30th of October. This means the...
Analysis Article • Jul 05

Optimistic Investors Push Dev Information Technology Limited (NSE:DEVIT) Shares Up 27% But Growth Is Lacking

Dev Information Technology Limited ( NSE:DEVIT ) shareholders are no doubt pleased to see that the share price has...
Analysis Article • Jun 07

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

The recent earnings posted by Dev Information Technology Limited ( NSE:DEVIT ) were solid, but the stock didn't move as...
Analysis Article • May 09

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

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article • Mar 13

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

Dev Information Technology Limited ( NSE:DEVIT ) shareholders that were waiting for something to happen have been dealt...
Analysis Article • Dec 23

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

Dev Information Technology Limited ( NSE:DEVIT ) shares have had a really impressive month, gaining 29% after a shaky...
Analysis Article • Dec 16

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

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article • Sep 24

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

Key Insights Dev Information Technology's Annual General Meeting to take place on 30th of September Salary of ₹5.79m is...
Analysis Article • Jun 29

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

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...

CEO Compensation Analysis

How has Jaimin Shah's remuneration changed compared to Dev Information Technology's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

₹757m

Mar 31 2026₹4m₹4m

₹758m

Dec 31 2025n/an/a

₹679m

Sep 30 2025n/an/a

₹769m

Jun 30 2025n/an/a

₹134m

Mar 31 2025₹4m₹4m

₹149m

Dec 31 2024n/an/a

₹178m

Sep 30 2024n/an/a

₹178m

Jun 30 2024n/an/a

₹110m

Mar 31 2024₹4m₹4m

₹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

Compensation vs Market: Jaimin's total compensation ($USD42.14K) is about average for companies of similar size in the Indian market ($USD43.78K).

Compensation vs Earnings: Jaimin's compensation has been consistent with company performance over the past year.


CEO

Jaimin Shah (53 yo)

28.8yrs
Tenure
₹4,046,000
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.He is an Independent Non-Executive...


Leadership Team

NamePositionTenureCompensationOwnership
Pranav Pandya
Co-Founder & Chairman of the Board28.8yrs₹3.69m10.5%
₹ 136.9m
Jaiminbhai Shah
Founderno data₹4.05m13.06%
₹ 170.2m
Prerak Shah
Executive Director & Joint CEOno data₹3.95m3.33%
₹ 43.4m
Harshil Shah
Chief Financial Officer Accounts9.6yrs₹1.96mno data
Vishal Vasu
CTO & Whole Time Director9.6yrs₹3.23m7.05%
₹ 91.9m
Krisa Shah
Company Secretary & Compliance Officer9.5yrs₹1.26mno data
Praveen Singh
Vice President of HRless than a yearno datano data
Ketan Shah
Practice Head of Enterprise Applicationsno datano datano data
Sanjay Santoki
Cloud Excellence Head CCoE3.7yrsno datano data
Nilesh Mandani
Senior Vice President of Sales - Enterprise Applications2.7yrsno datano data
Manoj Dhanak
Sr. Vice President of Operations -Blockchain2.7yrsno datano data
Nilesh Panchal
Senior Vice President of Operations - Enterprise Applications2.7yrsno datano data
3.2yrs
Average Tenure
53.5yo
Average Age

Experienced Management: DEVIT's management team is considered experienced (3.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Pranav Pandya
Co-Founder & Chairman of the Board28.8yrs₹3.69m10.5%
₹ 136.9m
Jaiminbhai Shah
Founder28.8yrs₹4.05m13.06%
₹ 170.2m
Prerak Shah
Executive Director & Joint CEO12.2yrs₹3.95m3.33%
₹ 43.4m
Vishal Vasu
CTO & Whole Time Director12.2yrs₹3.23m7.05%
₹ 91.9m
Venkata Rama Subba Velamuri
Independent Non-Executive Director9.5yrs₹35.00kno data
Rama Moondra
Non-Executive Woman Independent Director9.5yrs₹45.00kno data
Jatin Trivedi
Non-Executive Independent Director1.8yrs₹20.00kno data
Umesh Rateja
Independent Non-Executive Director4.3yrs₹40.00kno data
Bhavin Bhagat
Independent Non- Executive Director1.8yrs₹50.00kno data
Jay Dave
Directorless than a yearno datano data
9.5yrs
Average Tenure
53yo
Average Age

Experienced Board: DEVIT's board of directors are considered experienced (9.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/19 06:35
End of Day Share Price 2026/09/18 00:00
Earnings2026/06/30
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Dev Information Technology Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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