Dev Information Technology Limited

NSEI:DEVIT Stock Report

Market Cap: ₹4.0b

Dev Information Technology Past Earnings Performance

Past criteria checks 5/6

Dev Information Technology has been growing earnings at an average annual rate of 42.1%, while the IT industry saw earnings growing at 24.8% annually. Revenues have been growing at an average rate of 20.4% per year. Dev Information Technology's return on equity is 27.1%, and it has net margins of 12.1%.

Key information

42.1%

Earnings growth rate

45.6%

EPS growth rate

IT Industry Growth24.3%
Revenue growth rate20.4%
Return on equity27.1%
Net Margin12.1%
Last Earnings Update30 Sep 2024

Recent past performance 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

Recent updates

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

Nov 24
Dev Information Technology Limited's (NSE:DEVIT) Shares Leap 26% Yet They're Still Not Telling The Full Story

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

Sep 22
Dev Information Technology (NSE:DEVIT) Is Paying Out A Dividend Of ₹0.25

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

Sep 08
Dev Information Technology (NSE:DEVIT) Will Pay A Dividend Of ₹0.25

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

Jul 05
Optimistic Investors Push Dev Information Technology Limited (NSE:DEVIT) Shares Up 27% But Growth Is Lacking

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?

Revenue & Expenses Breakdown

How Dev Information Technology makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:DEVIT Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,466178100
30 Jun 241,38611000
31 Mar 241,63693100
31 Dec 231,64485110
30 Sep 231,60097110
30 Jun 231,5809200
31 Mar 231,24290110
31 Dec 221,1156040
30 Sep 221,1322940
30 Jun 221,0341600
31 Mar 22998140
31 Dec 21912-740
30 Sep 218511000
30 Jun 21883600
31 Mar 21846-380
31 Dec 208201500
30 Sep 207942100
30 Jun 207402900
31 Mar 206853700
31 Dec 195984400
30 Sep 195295100
30 Jun 196524700
31 Mar 197584400
31 Mar 186963800
31 Mar 176393000
31 Mar 164732100
31 Mar 154431300
31 Mar 145641100

Quality Earnings: DEVIT has a high level of non-cash earnings.

Growing Profit Margin: DEVIT's current net profit margins (12.1%) are higher than last year (6.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: DEVIT's earnings have grown significantly by 42.1% per year over the past 5 years.

Accelerating Growth: DEVIT's earnings growth over the past year (83%) exceeds its 5-year average (42.1% per year).

Earnings vs Industry: DEVIT earnings growth over the past year (83%) exceeded the IT industry 15.2%.


Return on Equity

High ROE: DEVIT's Return on Equity (27.1%) is considered high.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/08 20:49
End of Day Share Price 2025/01/08 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

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 world class team 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 .

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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