Check Before You Invest : Dev Information Technology Ltd

Q: Which industry/sub-sector does Dev Information Technology Ltd belong to?

Dev Information Technology Ltd belongs to the IT & ITES sector, operating specifically within the IT - Software segment.

Q: Is Dev Information Technology Ltd a good quality company?

Dev Information Technology Ltd is a average quality company, based on a somewhat consistent multi-year financial track record. This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q: Is Dev Information Technology Ltd undervalued or overvalued?

Dev Information Technology Ltd appears Undervalued, as its key valuation ratios are lower than their past averages. Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more. Valuation Ratios. Price to Earnings, Current: 2.57, Historic Median: 32.51. Price to Book, Current: 1.4, Historic Median: 5.24. Price to Sales, Current: 1.06, Historic Median: 1.91. EV to EBITDA, Current: 55.82, Historic Median: 21.28

Q: Is Dev Information Technology Ltd a good buy now?

Dev Information Technology Ltd is a good buy now, based on strong price trend analysis suggesting prices may rise. However, you need to check its quality and valuation before making a decision

Q: Revenue growth of Dev Information Technology Ltd?

Dev Information Technology Ltd revenue growth is -4.2% for FY-2025, which is below its 5-year CAGR of 17.9%, indicating slower growth.

Q: Gross Profit margin of Dev Information Technology Ltd?

Dev Information Technology Ltd Gross profit margin which is the profit after deduction of direct costs, is 13.9% for FY-2025, which is above its 5-year median of 8.2%, indicating increasing margins.

Q: Operating Profit Margin of Dev Information Technology Ltd?

Dev Information Technology Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 6.57% for FY-2025, which is above its 5-year median of 5.49% indicating increasing margins.

Q: Net Profit Margin of Dev Information Technology Ltd?

Dev Information Technology Ltd Net Profit Margin is 10.24% for FY-2025, is above its 5-year median of 5.58%, indicating increasing margins. Profitability Metrics. Gross Profit Margin (%), Current: 13.9, Historic Median: 8.2. Operating Profit Margin (%), Current: 6.57, Historic Median: 5.49. Net Profit Margin (%), Current: 10.24, Historic Median: 5.58

Q: Return on Asset of Dev Information Technology Ltd?

Dev Information Technology Ltd Return on Asset is 15.01%, which is above its 5-year historical median of 11.2%, indicating improved asset utilization efficiency.

Q: Return on capital employed (ROCE) of Dev Information Technology Ltd?

Dev Information Technology Ltd Return on capital employed is 26.46% for FY-2025, which is above its 5-year historical median of 22.14%. The current ROCE is above its estimated weighted average cost of capital (WACC) of 14%, indicating value creation.

Check Before You Invest : Dev Information Technology Ltd

BSE: 543462 NSE: DEVIT ISIN: INE060X01034

| Sector: IT & ITES | Industry: IT - Software

Snapshot

Q.1 Which industry/sub-sector does Dev Information Technology Ltd belong to?

Dev Information Technology Ltd belongs to the IT & ITES sector, operating specifically within the IT - Software segment.

Q.2 Is Dev Information Technology Ltd a good quality company?

Dev Information Technology Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q.3 Is Dev Information Technology Ltd undervalued or overvalued?

Dev Information Technology Ltd appears Undervalued, as its key valuation ratios are lower than their past averages.

Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more.

Valuation Ratios	Current	5-year Historic Median
Price to Earnings	2.57	32.51
Price to Book	1.4	5.24
Price to Sales	1.06	1.91
EV to EBITDA	55.82	21.28

Q.4 Is Dev Information Technology Ltd a good buy now?

Dev Information Technology Ltd is a good buy now, based on strong price trend analysis suggesting prices may rise. However, you need to check its quality and valuation before making a decision

Performance Analysis

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

A: What are the trends in revenue and profit margins?

Q.1 Revenue growth of Dev Information Technology Ltd?

Dev Information Technology Ltd revenue growth is -4.2% for FY-2025, which is below its 5-year CAGR of 17.9%, indicating slower growth.

Q.2 Gross Profit margin of Dev Information Technology Ltd?

Dev Information Technology Ltd Gross profit margin which is the profit after deduction of direct costs, is 13.9% for FY-2025, which is above its 5-year median of 8.2%, indicating increasing margins.

Q.3 Operating Profit Margin of Dev Information Technology Ltd?

Dev Information Technology Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 6.57% for FY-2025, which is above its 5-year median of 5.49% indicating increasing margins.

Q.4 Net Profit Margin of Dev Information Technology Ltd?

Dev Information Technology Ltd Net Profit Margin is 10.24% for FY-2025, is above its 5-year median of 5.58%, indicating increasing margins.

	Current Level	5-year Historic Median
Gross Profit Margin (%)	13.9	8.2
Operating Profit Margin (%)	6.57	5.49
Net Profit Margin (%)	10.24	5.58

B: Does the business utilize capital efficiently?

Q.5 Return on Asset of Dev Information Technology Ltd?

Dev Information Technology Ltd Return on Asset is 15.01%, which is above its 5-year historical median of 11.2%, indicating improved asset utilization efficiency.

Q.6 Return on capital employed (ROCE) of Dev Information Technology Ltd?

Dev Information Technology Ltd Return on capital employed is 26.46% for FY-2025, which is above its 5-year historical median of 22.14%. The current ROCE is above its estimated weighted average cost of capital (WACC) of 14%, indicating value creation.

Q.7 Return on Equity (ROE) of Dev Information Technology Ltd?

Dev Information Technology Ltd Return on equity is 24.39% for FY-2025, which is above its 5-year historical median of 17.93%, indicating the business is making better use of its shareholders capital.

Q.8 Cash conversion cycle of Dev Information Technology Ltd?

Dev Information Technology Ltd Cash conversion cycle is 124 days, above its 5-year historical median of 78 days, indicating deteriorated working capital management. However, you need to compare this with its peers in the industry.

	Current Level	5-year Historic Median
Asset Turnover (x)	1.47	1.53
ROE (%)	24.39	17.93
ROCE (%)	26.46	22.14
Cash Conversion Cycle	124 days	78 days

C: How much debt does the business have and is it at a sustainable level?

Q.9 Debt to Equity ratio of Dev Information Technology Ltd?

Dev Information Technology Ltd Debt-to-Equity ratio is 0.22, which is above the industry average of 0.01, indicating higher debt levels in the industry.

Q.10 Debt to cash flow from operations of Dev Information Technology Ltd?

Dev Information Technology Ltd Debt to cash flow from operations is -1.69, which is at a unhealthy level.

Ownership & governance

D: Promoter shareholding and pledge status of Dev Information Technology Ltd?

Q.1 Promoter shareholding and pledge status of Dev Information Technology Ltd?

Promoters hold 41.58% of the Dev Information Technology Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Peer comparison (industry-wise, mcap)

E: How does Dev Information Technology Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Dev Information Technology Ltd vs industry peers?

Dev Information Technology Ltd revenue CAGR is 17.90%, compared to the industry median CAGR of 3.17%, indicating faster growth and gaining its market share.

Profit Metrics

	Current Level	5-year Industry Median
Revenue Growth (%)	-4.2	3.2
Gross Profit Growth (%)	61.5	18.4
Operating Profit Growth (%)	-23.1	18.8
Net Profit Growth (%)	66.7	21.9

Operating Efficiency

	Current Level	5-year Industry Median
Asset Turnover (x)	1.47	0.46
ROE (%)	24.39	4.22
ROCE (%)	26.46	6.49
Cash Conversion Cycle (days)	124.44	36

Valuation & price assessment

Q.1 Stock return of Dev Information Technology Ltd over the last decade?

Over the last 5 year(s), the stock has delivered a CAGR of -21.82% based on the current price.

	9Y	5Y	3Y	1Y
Share Price CAGR	-	-21.8%	-7.6%	-22.5%

Q.2 Valuation ratios of Dev Information Technology Ltd vs historical?

The current P/E ratio of 2.57 is lower than its historical median of 32.51, indicating that the stock is trading below its historical average valuation.

Q.3 How do the current valuation ratios compare with 5-year historical median and industry numbers?

Valuation Ratios	Current	5-year Historic Median	5-year Industry Median
Price to Earnings	2.57	32.51	47.38
Price to Book	1.4	5.24	2.64
Price to Sales	1.06	1.91	4.79
EV to EBITDA	55.82	21.28	16.75

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Check Before You Invest : Dev Information Technology Ltd

Snapshot

Performance Analysis

Ownership & governance

Peer comparison (industry-wise, mcap)

Profit Metrics

Operating Efficiency

Valuation & price assessment

Check more companies

Check trending companies

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