What is Dev Information Technology Ltd (DEVIT) share price return in the past 10 years?

Data is not available for this company

What is the share price of Dev Information Technology Ltd (DEVIT)?

Company share prices are keep on changing according to the market conditions. The current trading price of Dev Information Technology Ltd (DEVIT) on 10-Jun-2026 16:59:59 at 16:59 is 28.23.

What is the P/E ratio of Dev Information Technology?

The latest standalone P/E ratio of Dev Information Technology as of 10-Jun-2026 is 2.17.

What is the P/B ratio of Dev Information Technology Ltd (DEVIT)?

The latest standalone P/B ratio of Dev Information Technology Ltd (DEVIT) as of 10-Jun-2026 is 1.46.

What is the 52-week high and low of Dev Information Technology Ltd (DEVIT)?

The 52-week high of Dev Information Technology Ltd (DEVIT) is Rs. 50.80 and the 52-week low is Rs. 22.36.

Dev Information Technology Ltd (DEVIT) Share Analysis – Quality, Growth & Valuation Zone & DeciZen Rating

Name: Dev Information Technology Ltd (DEVIT)
Brand: Dev Information Technology

Key Metrics

Valuation Multiples

Market Cap

₹161 Cr.

Current Price

₹28.2

52-Week Low / High

₹22 / 51

TTM EPS

₹13.2

TTM Sales

₹162 Cr.

Book Value per Share

₹19.6

P/E Ratio

2.17

Lower than its 5-year historical median

Industry PE

21.5

Price to Book (P/B)

1.46

Lower than its 5-year historical median

Price to Sales (P/S)

1.00

Lower than its 5-year historical median

EV/EBITDA

33.59

Higher than its 5-year historical median

Dividend Yield

0.23%

Profitability Efficiency

Return on Equity (ROE)

24.39%

Outperforms industry median

Return on Capital Employed (ROCE)

26.46%

Outperforms industry median

Return on Assets (ROA)

15.01%

Operating Profit Margin

6.6%

Net Profit Margin

10.24%

Gross Profit Margin

13.9%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Slowing versus 3-year growth rate

-4.23%

Operating Profit Growth (1 Year)

Slowing versus 3-year growth rate

-22.51%

Net Profit Growth (1 Year)

Slowing versus 3-year growth rate

75.83%

Asset Quality

Promoter Holding

41.58%

Pledged shares (%) of Promoter's holding (%)

0.00%

Reserves

₹99 Cr.

Equity

₹11.3 Cr.

Face Value

₹2

All Time Low / High

₹20.61 / 76.40

Dev Information Technology stock performance

Key Ratios

Check Before You Invest

Quality

Somewhat Good

Check detailed performance

Valuation

Undervalued

Check Valuation charts

Price Trend

Semi Strong

Check Price chart

Q.1 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.

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.

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 2.48%, indicating faster growth and gaining its market share.

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.

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 -19.49% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	26.3%	27.8%	22.5%	21%	11.5%	2.9%	10.8%	25.9%	22.1%	26.5%	-
Value Creation Index ⓘ	0.9	1.0	0.6	0.5	-0.2	-0.8	-0.2	0.9	0.6	0.9	-
Growth Parameters ⓘ
Sales ⓘ	44.9	56.5	67	71	66.1	84.3	99	122	157	151	162
Sales YoY Gr.	-	25.8%	18.5%	6%	-6.9%	27.5%	17.4%	23.2%	29%	-4.2%	-
Adj EPS ⓘ	1.3	1.8	1.6	1.4	0.9	0.3	0.8	2	1.5	1.3	13.2
YoY Gr.	-	36.6%	-15.3%	-12.3%	-33.8%	-64.4%	143.8%	159%	-23.8%	-18.2%	-
BVPS (₹) ⓘ	7.2	10	11.5	13.4	14.8	14.6	15.4	19.1	9.9	12.6	19.6
Adj Net Profit ⓘ	2	3	3.4	3	2	0.7	1.7	4.5	8.7	7.1	74
Cash Flow from Ops. ⓘ	1.2	2.8	-2.9	4.9	7.6	5.5	4.7	-0.9	-0.8	-9.3	-
Debt/CF from Ops. ⓘ	6.1	2.8	-3.1	2	1.4	2	2	-7.5	-14.4	-1.7	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	14.4%	17.9%	15%	-4.2%
Adj EPS ⓘ	-0.7%	7%	17.3%	-18.2%
BVPSⓘ	6.4%	-3.1%	-6.4%	27.4%
Share Price	-	-23.8%	-19.4%	-33.6%

Key Financial Parameters ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	20.3	21.9	16.4	10.9	6.4	2.2	5.2	11.7	17.7	11.2	81.9
Op. Profit Mgn % ⓘ	10.7	11.3	11.9	9.9	6.5	4.9	5.5	5.1	8.1	6.6	1.2
Net Profit Mgn % ⓘ	4.5	5.2	5.1	4.2	3	0.8	1.7	3.7	5.5	4.7	45.9
Debt to Equity ⓘ	0.7	0.5	0.4	0.3	0.3	0.3	0.3	0.2	0.2	0.2	0.1
Working Cap Days ⓘ	170	168	184	189	194	157	150	132	119	173	89
Cash Conv. Cycle ⓘ	54	44	54	80	94	78	65	72	84	124	43

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	45	57	67	71	66	84	99	122	157	151
Operating Expenses > ⓘ +	40	50	59	64	62	81	94	116	145	141
Manufacturing Costs	0	0	0	0	0	1	0	1	1	1
Material Costs	23	30	35	31	25	42	44	61	71	61
Employee Cost	13	16	18	28	31	35	45	50	69	74
Other Costs > ⓘ	3	4	6	5	5	5	4	4	4	5
Operating Profit > ⓘ	5	6	8	7	4	3	5	6	13	10
Operating Profit Margin (%)	10.7%	11.1%	11.9%	9.9%	6.4%	3.4%	5.5%	5.1%	8.1%	6.6%
Other Income > ⓘ +	0	0	0	1	1	1	1	7	1	13
Exceptional Items > ⓘ	0	0	0	2	2	0	0	0	0	0
Interest > ⓘ	1	2	2	1	1	1	1	1	1	2
Depreciation > ⓘ	1	1	2	2	2	2	2	1	1	2
Profit Before Tax > ⓘ	3	4	5	7	3	0	4	11	12	19
Tax > ⓘ	1	1	2	2	-0	0	2	2	3	3
Profit After Tax	2	3	3	4	3	-0	2	9	9	15
PAT Margin (%)	4.5%	5.1%	5.2%	6.1%	5.2%	-0.2%	1.9%	7.2%	5.6%	10.2%
Adjusted EPS (₹)	0.5	0.7	0.6	0.8	0.6	-0.0	0.4	1.6	1.6	2.7
Dividend Payout Ratio (%)	6.20%	7%	8%	6.30%	8.10%	-180.50%	28.80%	6.30%	6.40%	3.70%

Valuation of Dev Information Tech - Standalone

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	11	16	25	29	33	32	34	42	56	71
Share Capital ⓘ	1	4	6	6	6	6	11	11	11	11
Reserves ⓘ	10	12	20	24	27	27	23	31	44	60
Debt +	7	7	8	9	10	10	9	7	11	15
Long Term Debt	3	2	1	2	2	1	1	3	4	6
Short Term Debt	4	4	7	7	8	9	9	3	7	10
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	10	17	17	9	10	14	18	12	11	19
Others Liabilities ⓘ	3	3	3	5	5	5	7	7	12	12
Total Liabilities ⓘ	31	43	53	53	58	62	67	68	89	117
Fixed Assets
Net Fixed Assets ⓘ +	4	9	9	11	12	10	10	9	11	12
Gross Block	8	13	14	18	21	22	23	23	22	24
Accumulated Depreciation	3	4	6	7	9	11	13	14	10	12
CWIP ⓘ	0	0	0	0	0	0	1	1	1	1
Investments ⓘ	0	0	0	0	5	4	4	9	15	19
Inventories	3	5	7	6	6	9	5	5	6	7
Trade Receivables	16	21	27	21	23	24	34	36	50	71
Cash Equivalents	3	4	6	6	6	10	9	4	4	0
Others Assets ⓘ	3	4	4	8	6	5	5	3	2	7
Total Assets ⓘ	31	43	53	53	58	62	67	68	89	117

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	1	3	-3	5	8	5	5	-1	-1	-9
PBT ⓘ	3	4	5	7	3	0	4	11	12	19
Adjustment ⓘ	2	2	3	3	3	4	3	-3	2	-7
Changes in Working Capital ⓘ	-3	-4	-11	-1	3	-2	0	-8	-12	-17
Tax Paid ⓘ	-1	0	0	-3	-1	2	-2	-0	-2	-4
Cash Flow From Investing Activity ⓘ +	0	-5	-1	-4	-7	-1	-2	-1	-2	7
Capex	-0	-6	-1	-4	-3	-1	-2	-1	-2	-3
Net Investments	-0	0	-0	0	-5	-1	0	6	1	11
Others ⓘ	0	0	0	0	0	0	-1	-6	-1	-1
Cash Flow From Financing Activity ⓘ +	-1	1	6	-1	-1	-1	-3	-4	3	2
Net Proceeds from Shares ⓘ	0	2	6	0	0	0	0	0	1	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-1	-2	-2	-1	-1	-1	-1	-3	-0	-2
Dividend Paid ⓘ	-0	-0	-0	-0	-0	-0	-0	-1	-1	-1
Others ⓘ	0	0	1	1	1	0	-2	0	3	4
Net Cash Flow ⓘ	0	-2	2	0	-0	4	-0	-6	0	-0

Financial Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	20.31	21.53	16.6	15.87	11.04	-0.47	5.79	22.9	17.93	24.39
ROCE (%)	26.34	27.77	22.51	21.02	11.48	2.93	10.77	25.93	22.14	26.46
Asset Turnover Ratio	1.56	1.53	1.39	1.34	1.19	1.4	1.53	1.81	2.01	1.47
PAT to CFO Conversion(x)	0.5	1	-1	1.25	2.67	N/A	2.5	-0.11	-0.11	-0.6
Working Capital Days
Receivable Days	123.70	119.50	131.20	125.50	122.70	101.30	106	104.80	100.40	146.50
Inventory Days	18.40	25.70	30.40	31.50	31.40	31	24.50	14.50	13.10	16.40
Payable Days	144.90	164.60	173.90	156	143.60	107.90	131.60	89	58.80	87.60

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Dev Information Technology Ltd FAQs

The current trading price of Dev Information Tech on 10-Jun-2026 16:59 is ₹28.23.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 09-Jun-2026 the market cap of Dev Information Tech stood at ₹161.2 Cr

The latest P/E ratio of Dev Information Tech as of 09-Jun-2026 is 2.17.

The latest P/B ratio of Dev Information Tech as of 09-Jun-2026 is 1.46.

The 52-week high of Dev Information Tech is ₹50.80 and the 52-week low is ₹22.36.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Dev Information Tech is ₹162 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Dev Information Technology Ltd is a average quality company.

The key valuation ratios of Dev Information Technology Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Dev Information Technology Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Dev Information Technology Ltd

Dev Information Technology (DEV IT) stands at the forefront of innovation, delivering comprehensive IT solutions and services under one roof. Founded in 1997, the company is a trusted industry leader offering reliable, scalable, and secure AI-powered IT solutions that empower digital transformation. DEV IT is a one-stop solution for digital transformation; it provides everything from cloud solutions and business applications to managed IT and custom software development, driving organizational agility, efficiency, and future readiness. DEV IT helps mid-market companies modernize operations with Microsoft Dynamics 365, strengthen their security posture, and unlock insights with power BI.

Business area of the company

DEV IT is engaged in the business of providing IT enabled services in the domestic as well as the international market.

Products

Talligence
ByteSIGNER

Services

Cloud Services
Digital Transformation
Enterprise Applications
Managed IT Services
Application Development

Awards

2019

GESIA Best SI Managed Services Provider Award by GESIA IT
GESIA Torch Bearers of Gujarat IT Industry by GESIA IT Association
Channel World India Premier 100 Awards
SKOCH Achiever Order-of-Merit Award for being Top 100
ISODA Best Partner of Business Excellence
TECHPLUS MEDIA Most Impactful Regional Leader Award

2020

CRN Excellence Award Channel Leadership Summit
TechPlus Media Virtual 11th Partner Leadership Summit & Awards
TechPlus Media 5th ISV Virtual Summit
ISODA Best Partner of Business Excellence Award

2021

HR Excellence Awards Best organizational prectices in Employee Realations & Pandemic Responses
Star Night Awards Best Solution Partner
SME Channels Super Hero Award
Microsoft Cloud Champion tech disruptors
Channel World India Premier 100 Award, Resilient 100
SME Channels Cloud Evangelists Awards, ISV of India

2022

SME Channels Award Accelerator in Digital Transformation
CRN Excellence Award Document Management Solution
Channel World India Premier 100 awards
HR Excellence Awards Best practices in Employee Relations and Pandemic Responses
IAMCP P2P Award for the APAC Region

2023

CRN Excellence Award Blockchain IP Creation
Microsoft Cloud Champions 11 Season 3

2024

The Gavriella Schuster IAMCP D&I Partner of the Year Rising Star (Enterprise)
SME Channels MSP India Summit and Awards for IT as Service
Star Night Awards Best MSP Award for IT as Service

Milestones

1997: Foundation of the company as a Microsoft ISV partner in the state of Gujarat
2000: Got accreditation as a Total Solution Provider with the Government of Gujarat (IN)
2010: Expanded into Managed IT Services and Custom Software Solutions by acquiring a local IT company
2012: Established Dev Info-Tech NA Ltd in Canada as a fully-owned subsidiary and expanded the geo footprint
2016: Strategically acquired a software development business unit of an IT company thus making the Custom Software Solutions arm stronger
2017: Got public listed on NSE: EMERGE; a platform that allows SMEs to connect with investors
2018: Successfully ventured DevX; a managed co-working business and a start-up accelerator
2020: Chartered and established a Cloud Center of Excellence (CCoE) during the COVID year
2021: Launched its flagship products, TALLIGENCE and ByteSIGNER
2022: Migrated away from NSE: EMERGE to the main boards of NSE and BSE
2022: Acquired Minddeft, a specialized Blockchain development company
2023: DEV IT’s acquisition of Dhyey Consulting enhances its Microsoft Dynamics 365 offerings, boosting business decision making and efficiency.
2023: Lilikoi Technologies – a USA based IoT ecosystem company acquires majority stake in DEV IT
2024: DEV IT launches advanced cybersecurity solutions to meet global business demands
2024: DEV IT announces interim and final dividend distribution

Dev Information Technology Ltd (DEVIT)

Dev Information Technology Ltd (DEVIT)

Dev Information Technology stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Dev Information Tech - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Dev Information Technology Ltd FAQs

About Dev Information Technology Ltd

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Dev Information Technology Ltd (DEVIT)

Dev Information Technology Ltd (DEVIT)

Dev Information Technology stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Dev Information Tech - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Dev Information Technology Ltd FAQs

What is the share price of Dev Information Tech?

What is the market cap of Dev Information Tech?

What is the P/E ratio of Dev Information Tech?

What is the P/B ratio of Dev Information Tech?

What is the 52-week high and low of Dev Information Tech?

What is the TTM revenue of Dev Information Tech?

Is Dev Information Technology Ltd a good quality company?

Is Dev Information Technology Ltd undervalued or overvalued?

Is Dev Information Technology Ltd a good buy now?

About Dev Information Technology Ltd

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.