Dev Information Technology Limited

NSEI:DEVIT Stock Report

Market Cap: ₹1.6b

Dev Information Technology Past Earnings Performance

Past criteria checks 5/6

Dev Information Technology has been growing earnings at an average annual rate of 71.3%, while the IT industry saw earnings growing at 20.9% annually. Revenues have been growing at an average rate of 16.5% per year. Dev Information Technology's return on equity is 69.2%, and it has net margins of 40%.

Key information

71.33%

Earnings growth rate

64.17%

EPS growth rate

IT Industry Growth24.33%
Revenue growth rate16.53%
Return on equity69.16%
Net Margin39.99%
Last Earnings Update31 Mar 2026

Recent past performance 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...

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...

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
31 Mar 261,89575800
31 Dec 251,872679140
30 Sep 251,908769140
30 Jun 251,78213400
31 Mar 251,707149140
31 Dec 241,625178100
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

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

Growing Profit Margin: DEVIT's current net profit margins (40%) are higher than last year (8.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: DEVIT has become profitable over the past 5 years, growing earnings by 71.3% per year.

Accelerating Growth: DEVIT's earnings growth over the past year (409.5%) exceeds its 5-year average (71.3% per year).

Earnings vs Industry: DEVIT earnings growth over the past year (409.5%) exceeded the IT industry 14.8%.


Return on Equity

High ROE: DEVIT's Return on Equity (69.2%) is considered outstanding.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/20 23:14
End of Day Share Price 2026/06/19 00:00
Earnings2026/03/31
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
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.

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 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.