Dev Information Technology Past Earnings Performance
Past criteria checks 1/6
Dev Information Technology has been growing earnings at an average annual rate of 25.3%, while the IT industry saw earnings growing at 22.4% annually. Revenues have been growing at an average rate of 21.1% per year. Dev Information Technology's return on equity is 16.3%, and it has net margins of 5.7%.
Key information
25.3%
Earnings growth rate
34.8%
EPS growth rate
IT Industry Growth | 24.3% |
Revenue growth rate | 21.1% |
Return on equity | 16.3% |
Net Margin | 5.7% |
Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Dev 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 08Revenue & Expenses Breakdown
How Dev Information Technology makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Mar 24 | 1,636 | 93 | 0 | 0 |
31 Dec 23 | 1,644 | 85 | 11 | 0 |
30 Sep 23 | 1,600 | 97 | 11 | 0 |
30 Jun 23 | 1,580 | 92 | 0 | 0 |
31 Mar 23 | 1,242 | 90 | 11 | 0 |
31 Dec 22 | 1,115 | 60 | 4 | 0 |
30 Sep 22 | 1,132 | 29 | 4 | 0 |
30 Jun 22 | 1,034 | 16 | 0 | 0 |
31 Mar 22 | 998 | 1 | 4 | 0 |
31 Dec 21 | 912 | -7 | 4 | 0 |
30 Sep 21 | 851 | 10 | 0 | 0 |
30 Jun 21 | 883 | 6 | 0 | 0 |
31 Mar 21 | 846 | -3 | 8 | 0 |
31 Dec 20 | 820 | 15 | 0 | 0 |
30 Sep 20 | 794 | 21 | 0 | 0 |
30 Jun 20 | 740 | 29 | 0 | 0 |
31 Mar 20 | 685 | 37 | 0 | 0 |
31 Dec 19 | 598 | 44 | 0 | 0 |
30 Sep 19 | 529 | 51 | 0 | 0 |
30 Jun 19 | 652 | 47 | 0 | 0 |
31 Mar 19 | 758 | 44 | 0 | 0 |
31 Mar 18 | 696 | 38 | 0 | 0 |
31 Mar 17 | 639 | 30 | 0 | 0 |
31 Mar 16 | 473 | 21 | 0 | 0 |
31 Mar 15 | 443 | 13 | 0 | 0 |
31 Mar 14 | 564 | 11 | 0 | 0 |
Quality Earnings: DEVIT has a high level of non-cash earnings.
Growing Profit Margin: DEVIT's current net profit margins (5.7%) are lower than last year (7.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: DEVIT's earnings have grown significantly by 25.3% per year over the past 5 years.
Accelerating Growth: DEVIT's earnings growth over the past year (3.5%) is below its 5-year average (25.3% per year).
Earnings vs Industry: DEVIT earnings growth over the past year (3.5%) did not outperform the IT industry 9%.
Return on Equity
High ROE: DEVIT's Return on Equity (16.3%) is considered low.