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Dev Information Technology Ltd

(DEVIT)

₹1280.49%

as on 03:23PM, 16 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹127
    ₹131.86
  • 52 Week's Low

    52 Week's High

    ₹94
    ₹174.75
1 Month Return+ 4.04 %
3 Month Return+ 8.93 %
1 Year Return-5.21 %
Previous Close₹128.63
Open₹128.00
Volume29.80K
Upper Circuit-
Lower Circuit-
Market Cap₹289.22Cr

Key Statistics

P/E Ratio26.09
PEG Ratio-579.81
Market Cap₹289.22 Cr
P/B Ratio4.97
EPS4.08
Dividend Yield0.26
SectorIT - Software
ROE11.36

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹289.22 Cr116.26%0.57₹9 Cr₹124 Cr
BUY₹8,807.43 Cr23.92%0.51₹145 Cr₹957 Cr
NA₹451.62 Cr83.01%0.66₹3 Cr₹65 Cr
NA₹196.63 Cr18.75%0.53-₹17 Cr₹14 Cr
BUY₹13,794.76 Cr138.55%0.57₹511 Cr₹2,925 Cr

Company Information

Dev Information Technology Limited was originally incorporated in Gujarat as Dev Information Technology Private Limited on December 23 1997 under the provisions of the companies Act 1956 with the Registrar of Companies. Further pursuant to special resolution passed by the shareholders at the extraordinary general meeting held on February 6 2017 the company was converted into a Public Limited Company and consequently name of the company was changed to Dev Information Technology Limited and a fresh certificate of incorporation dated February 17 2017 pursuant to the change of name issued by Registrar of Companies.The company is engaged in the business of providing a range of Information Technology Industry IT solutions. The company also provides various information technologies and consultancy services including enterprise solutions egovernance solutions ERP and CRM Implementation ITinfrastructure services website development web hosting solutions and licensing solutions. The company is also into the custom software development with welldefined process to support the customers and partners in webportal web and mobile applications responsive websites their SEO and social Media Marketing as well as Microsoft Dynamics ERP and CRM. The company also provides endtoend IT services with strong managed IT team to monitor and manage the customers severs and infrastructure 247.The company has also completed an egovernance project in Guyana South America as well as served many overseas and local private sector enterprise projects.The company is also associated with National and State level industry bodies like NASCOM and GESIA as a member..

Share Price: ₹128.00 per share as on 16 Sep, 2024 03:23 PM
Market Capitalisation: ₹289.22Cr as of today
Revenue: ₹35.46Cr as on June 2024 (Q2 24)
Net Profit: ₹3.72Cr as on June 2024 (Q2 24)
Listing date: 17 Apr, 2017
Chairperson Name: Pranav Niranjanbhai Pandya
OrganisationDev Information Technology Ltd
HeadquartersAhmedabad
IndustryIT - Software
E-voting on sharesClick here to vote

Key events for Dev Information Technology Ltd

  • Dev Information Technology Secures GSFC IT Services Order - 21 Aug, 2024

    Dev Information Technology Ltd's shares rose 2% after securing a Rs. 97 lakh order for Managed IT Services from Gujarat State Fertilizers & Chemicals. Despite a decline in revenue and net profits, the company aims to enhance its offerings in the growing SME sector.

  • Dev IT Shares Rise Over 4% on Fresh Order and Acquisition Approval - 25 Jul, 2024

    Dev Information Technology shares rose over 4% despite weak market trends, following the announcement of a noteworthy order from M/s. RajCOMP Info Services Ltd for RAJKISAN SATHI Portal maintenance and enhancement. The company also approved acquiring a 100% stake in Dhyey Consulting Services Private Limited.

Insights on Dev Information Technology Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, DEVIT has outperformed top 5 stocks with highest market-cap in IT Services & Consulting

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 70.20% of holdings in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, HCL Technologies Ltd has given 38.9% return, outperforming this stock by 44.1%

  • imgNO EFFECT

    Retail Holding Unchanged

    img

    Retail Investor holdings remained unchanged at 29.80% of holdings in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 year, DEVIT stock has moved down by -5.2%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 4.14 Cr → 3.53 Cr (in ₹), with an average decrease of 14.7% per quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 43.97 Cr → 35.73 Cr (in ₹), with an average decrease of 18.7% per quarter

Company Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹60.46Cr (-)₹27.95Cr (↓53.77%)₹31.74Cr (↑13.56%)₹43.44Cr (↑36.86%)₹35.46Cr (↓18.37%)
Net Income₹1.83Cr (-)₹1.65Cr (↓9.84%)₹1.71Cr (↑3.64%)₹4.28Cr (↑150.29%)₹3.72Cr (↓13.08%)
Net Profit Margin3.03% (-)5.90% (↑94.72%)5.39% (↓8.64%)9.85% (↑82.75%)10.49% (↑6.50%)
Value in ₹ crore
Details2020202120222023
Total Assets₹58.25Cr (-)₹62.29Cr (↑6.94%)₹67.27Cr (↑7.99%)₹68.15Cr (↑1.31%)
Total Liabilities₹25.67Cr (-)₹29.99Cr (↑16.83%)₹33.31Cr (↑11.07%)₹25.73Cr (↓22.76%)
Value in ₹ crore
Details20192020202120222023
Operating Cash Flow₹4.93Cr (-)₹7.60Cr (↑54.16%)₹5.47Cr (↓28.03%)₹4.67Cr (↓14.63%)-₹0.94Cr (↓120.13%)
0

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
70.2%
0.00
Foreign Institutions
0%
0.00
Mutual Funds
0%
0.00
Retail Investors
29.8%
0.00
Others
0%
0.00

Key Indicators

Details20192020202120222023
Book Value Per Share (₹)13.5415.0714.8914.8518.78
Details20192020202120222023
Earning Per Share (₹)1.991.72-0.17-0.034.08
Details20192020202120222023
Return On Equity %11.396.32-1.575.811.36
Details20192020202120222023
Return On Assets %8.266.35-0.510.1913.16

Dev Information Technology Ltd Valuation

Dev Information Technology Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-1309.50x)

April 28, 2022

Today (26.09x)

September 13, 2024

Industry (40.83x)

September 13, 2024

Highest (1499.64x)

October 18, 2021

LowHigh

Earnings and Dividends

  • Dev Information Technology Ltd Earnings Results

    Dev Information Technology Ltd’s net profit jumped 95.03% since last year same period to ₹3.53Cr in the Q1 2024-2025. On a quarterly growth basis, Dev Information Technology Ltd has generated -14.73% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Dev Information Technology Ltd Dividends May,2023

    In the quarter ending March 2023, Dev Information Technology Ltd has declared dividend of ₹0.25 - translating a dividend yield of 0.39%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Dev Information Technology Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Dev Information Technology Ltd (DEVIT) share price today is ₹128

Dev Information Technology Ltd is listed on NSE

Dev Information Technology Ltd is listed on BSE

  • Today’s highest price of Dev Information Technology Ltd is ₹131.86.
  • Today’s lowest price of Dev Information Technology Ltd is ₹127.

PE Ratio of Dev Information Technology Ltd is 26.09

PE ratio = Dev Information Technology Ltd Market price per share / Dev Information Technology Ltd Earnings per share

Today’s traded volume of Dev Information Technology Ltd(DEVIT) is 29.80K.

Today’s market capitalisation of Dev Information Technology Ltd(DEVIT) is ₹289.22Cr.

Dev Information Technology Ltd(DEVITPrice
52 Week High
₹174.75
52 Week Low
₹94

Dev Information Technology Ltd(DEVIT) share price is ₹128. It is down -26.75% from its 52 Week High price of ₹174.75

Dev Information Technology Ltd(DEVIT) share price is ₹128. It is up 36.17% from its 52 Week Low price of ₹94

Dev Information Technology Ltd(DEVITReturns
1 Day Returns
-0.63%
1 Month Returns
4.04%
3 Month Returns
8.93%
1 Year Returns
-5.21%