company background image
DEVIT logo

Dev Information Technology NSEI:DEVIT Stock Report

Last Price

₹138.79

Market Cap

₹2.8b

7D

17.2%

1Y

8.5%

Updated

22 Aug, 2024

Data

Company Financials

Dev Information Technology Limited

NSEI:DEVIT Stock Report

Market Cap: ₹2.8b

Dev Information Technology Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Dev Information Technology
Historical stock prices
Current Share Price₹138.79
52 Week High₹174.75
52 Week Low₹94.00
Beta-0.032
11 Month Change0.77%
3 Month Change17.77%
1 Year Change8.47%
33 Year Change382.75%
5 Year Change602.73%
Change since IPO796.87%

Recent News & Updates

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

Recent updates

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?

Shareholder Returns

DEVITIN ITIN Market
7D17.2%4.9%3.4%
1Y8.5%33.5%44.3%

Return vs Industry: DEVIT underperformed the Indian IT industry which returned 33.5% over the past year.

Return vs Market: DEVIT underperformed the Indian Market which returned 44.3% over the past year.

Price Volatility

Is DEVIT's price volatile compared to industry and market?
DEVIT volatility
DEVIT Average Weekly Movement9.0%
IT Industry Average Movement6.6%
Market Average Movement6.8%
10% most volatile stocks in IN Market9.7%
10% least volatile stocks in IN Market4.4%

Stable Share Price: DEVIT's share price has been volatile over the past 3 months.

Volatility Over Time: DEVIT's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1997749Jaimin Shahwww.devitpl.com

Dev Information Technology Limited provides information technology enabled services in India. The company offers cloud services, including cloud advisory, cloud application modernization, managed cloud, and cloud backup and recovery services; and managed IT services, such as managed workplace and technical helpdesk services, as well as data center support services comprising incident and problem management, server management, database administration, and network and firewall security. It also provides digital services consisting of ecommerce storefronts and digital marketing services; modern workplace and cyber security services that include identity and access management, data safeguarding, security and compliance, and VAPT, as well as proactive surveillance, threat detection, and neutralization services; and mobile applications development and mobile cloud applications.

Dev Information Technology Limited Fundamentals Summary

How do Dev Information Technology's earnings and revenue compare to its market cap?
DEVIT fundamental statistics
Market cap₹2.80b
Earnings (TTM)₹110.09m
Revenue (TTM)₹1.39b

28.3x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DEVIT income statement (TTM)
Revenue₹1.39b
Cost of Revenue₹1.15b
Gross Profit₹231.04m
Other Expenses₹120.96m
Earnings₹110.09m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)4.90
Gross Margin16.67%
Net Profit Margin7.94%
Debt/Equity Ratio25.0%

How did DEVIT perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

6%

Payout Ratio