Financial Results
Dev Information Technology Approves Q2 FY27 Results
Dev Information Technology approved unaudited standalone and consolidated financial results for the quarter ended September 30, 2026, along with limited review reports.
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IT - Services
IT Enabled Services
110 Cr
High Risk
19.7
30.8
7.5
1.0
48.00
17.00
Sales CAGR
Profit CAGR
ROE
ROCE
Financial Results
Dev Information Technology approved unaudited standalone and consolidated financial results for the quarter ended September 30, 2026, along with limited review reports.
Board Meeting
Dev Information Technology will hold a board meeting on November 5, 2026, to approve unaudited standalone and consolidated Q2 and half-year FY27 results.
Dev Information Technology Ltd (DEVIT) is currently trading at 21.20 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
Dev Information Technology Limited is an end-to-end IT services company founded in 1997 that delivers enterprise applications, cloud services, AI, blockchain, cybersecurity, managed IT services and Microsoft Dynamics implementations across India and select international markets. In FY26 DEV IT reported consolidated total income of ~INR193.50 crores; Q4 FY26 revenue was INR56 crores while Q4 EBITDA rose 68.5% to INR5.04 crores and net profit in Q4 was INR8.96 crores, helped by operational efficiency improvements and exceptional gains earlier in the year. Strategic repositioning during FY26 includes XDuce taking ~24–25% stake to create North America on‑site capability, an exclusive A21 distribution agreement to scale Talligence, transfer of product businesses to Technosys for ~INR11.90 crores and active M&A history to build AI and consulting skills. Management disclosed an order book of INR50–60 crores, around 600–700 live customers and 1,000–1,100 employees, with material revenue mix: domestic India revenue (~67%), export revenue ~INR45 crores, cloud revenue ~INR25 crores and cybersecurity ~INR5–8 crores. For near-term outlook DEV IT targets ~INR200 crores revenue for the current year and 15–20% growth the next year, prioritizing ABCD (AI, blockchain, cloud, cybersecurity, data and data centres) and on‑site/offshore integration to win larger enterprise deals.
Over the past 52 weeks, Dev Information Technology Ltd has traded between a low of ₹17.00 and a high of ₹48.00. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Dev Information Technology Ltd has a market capitalization of approximately 110.16. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Dev Information Technology Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 19.72 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 110.16 Cr, Dev Information Technology Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Dev Information Technology Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Dev Information Technology Ltd is 19.72. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
Dev Information Technology Limited will hold its board meeting on November 5, 2026. The board will consider unaudited standalone and consolidated results for Q2 FY27 and the half year ended September 30, 2026.
XDuce, a US-based technology firm specializing in digital transformation, acquired a strategic stake in Dev Information Technology (DEV IT).
