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DEVIT Stock Chart & Stats
₹40.27
₹0.38(0.22%)
At close: 4:00 PM EST
₹40.27
₹0.38(0.22%)
Day’s Range― - ―
52-Week Range₹17.05 - ₹48.00
Previous CloseN/A
Volume582.65K
Average Volume (3M)5.35K
Market Cap
₹1.06B
Enterprise Value₹1.60B
Total Cash (Recent Filing)₹62.27M
Total Debt (Recent Filing)₹0.00
Price to Earnings (P/E)1.4
Beta1.44
Next Earnings
Nov 18, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.54%
Share Statistics
EPS (TTM)13.41
Shares Outstanding56,987,660
10 Day Avg. Volume3,340
30 Day Avg. Volume5,350
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)1.20
Price to Sales (P/S)0.69
P/FCF Ratio-6.97
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Revenue ExpansionMulti-year revenue expansion indicates that Dev Information Technology has continued to win and deliver technology work across its target markets. Sustained top-line growth can support investment in talent and capabilities, strengthen customer relevance, and provide a foundation for future operating improvement.
Manageable LeverageModerate leverage and growing equity give the company a stronger financial base than a highly indebted services provider. This balance-sheet position can preserve flexibility to fund operations, absorb periods of weaker profitability, and pursue growth without excessive financing pressure.
Recurring Service PotentialThe stated service model includes maintenance and managed-services contracts that can renew periodically, alongside project and resource billing. If converted into a meaningful revenue base, these engagements can improve visibility, deepen client relationships, and reduce reliance on winning entirely new projects.
Bears Say
Persistent Negative Cash FlowSeveral consecutive years of negative operating and free cash flow weaken the quality of reported growth and reduce the company’s ability to self-fund expansion. Continued cash underperformance could require external capital, constrain investment, and make the business more vulnerable to execution or collection pressure.
Weak Operating ProfitabilityDeclining gross margins and near-breakeven operating profit suggest that revenue growth is not yet translating reliably into durable operating earnings. This limits internally generated funding and leaves future profitability dependent on improving delivery economics, pricing, or operating efficiency.
Earnings Quality VolatilityAn unusually high FY2026 net income figure, alongside volatile results in prior periods, reduces confidence that current earnings represent a stable run rate. Lower earnings predictability complicates planning, weakens the reliability of return metrics, and raises the importance of restoring consistent operating performance.
Dev Information Technology Ltd News
DEVIT FAQ
What was Dev Information Technology Ltd’s price range in the past 12 months?
Dev Information Technology Ltd lowest stock price was ₹17.05 and its highest was ₹48.00 in the past 12 months.
What is Dev Information Technology Ltd’s market cap?
Dev Information Technology Ltd’s market cap is ₹1.06B.
When is Dev Information Technology Ltd’s upcoming earnings report date?
Dev Information Technology Ltd’s upcoming earnings report date is Nov 18, 2026 which is in 19 days.
How were Dev Information Technology Ltd’s earnings last quarter?
Dev Information Technology Ltd released its earnings results on Aug 13, 2026. The company reported ₹0.366 earnings per share for the quarter.
Is Dev Information Technology Ltd overvalued?
According to Wall Street analysts Dev Information Technology Ltd’s price is currently Overvalued.
Does Dev Information Technology Ltd pay dividends?
Dev Information Technology Ltd pays a Annually dividend of ₹0.1 which represents an annual dividend yield of 0.54%. See more information on Dev Information Technology Ltd dividends here
What is Dev Information Technology Ltd’s EPS estimate?
Dev Information Technology Ltd’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Dev Information Technology Ltd have?
Dev Information Technology Ltd has 56,987,660 shares outstanding.
What happened to Dev Information Technology Ltd’s price movement after its last earnings report?
Dev Information Technology Ltd reported an EPS of ₹0.366 in its last earnings report. Following the earnings report the stock price went down -0.223%.
Which hedge fund is a major shareholder of Dev Information Technology Ltd?
Currently, no hedge funds are holding shares in IN:DEVIT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Dev Information Technology Ltd
Dev Information Technology Limited provides information technology enabled services in India, Europe, and internationally. The company offers cloud services, including cloud advisory, cloud application modernization, managed cloud, enterprise devOps, and backup and recovery services; and managed IT services, such as managed digital workplace and data center support services, as well as application development services comprising custom software solutions, eGov platforms, and mobile app development. It also provides digital transformation services consisting of modern workplace, M365 migration services, hybrid and remote work, cyber security services, data and analytics, and blockchain solutions; and enterprise applications, such as Microsoft D365 F&O, Microsoft D365 CRM, D365 Business Central, and Microsoft Power Platform. The company has a strategic alliance with Xduce Corporation to accelerate growth in North America and scale its global delivery capabilities across digital engineering, cloud, data, artificial intelligence, and cybersecurity. Dev Information Technology Limited was incorporated in 1997 and is based in Ahmedabad, India.
Technical Analysis
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