DEV Information Technology Ltd
DEVITDEV Information Technology Ltd
DEVIT
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 27.74 | 7.35 | 0.18% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 36.31 | 9.61 | 1.59% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Dev Information Technology Pvt. Ltd. is an information technology (IT) solutions company. The Company is specialized in technical support, e-Governance solutions, software development and Web solutions
Peers
Compare with peersTata Consultancy Services Ltd
Infosys Ltd
HCL Technologies Ltd
Wipro Ltd
LTIMindtree Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 47.94 | 64.42 | 69.95 | 78.19 | 72.81 | 85.57 | 100.91 | 131.13 | 165.12 | 140.17 | ||||||||||
Raw Materials | 27.76 | 37.98 | 38.74 | 31.57 | 26.72 | 44.70 | 40.34 | 61.01 | 149.80 | 122.09 | ||||||||||
| Power & Fuel Cost | 0.16 | 0.21 | 0.23 | 0.31 | 0.33 | 0.26 | 0.22 | 0.33 | ||||||||||||
| Employee Cost | 13.90 | 16.40 | 17.91 | 27.61 | 32.02 | 34.55 | 44.78 | 51.28 | ||||||||||||
| Selling & Administrative Expenses | 2.65 | 3.63 | 5.03 | 5.46 | 5.35 | 2.95 | 2.92 | 3.68 | ||||||||||||
| Operating & Other expenses | -1.77 | -0.63 | -0.90 | 3.14 | 1.18 | -0.13 | 7.94 | 0.92 | ||||||||||||
EBITDA | 5.24 | 6.83 | 8.94 | 10.10 | 7.21 | 3.24 | 4.71 | 13.91 | 15.32 | 18.08 | ||||||||||
| Depreciation/Amortization | 0.56 | 0.75 | 1.75 | 1.79 | 2.04 | 2.13 | 1.82 | 1.25 | 1.40 | 1.87 | ||||||||||
| PBIT | 4.68 | 6.08 | 7.19 | 8.31 | 5.17 | 1.11 | 2.89 | 12.66 | 13.92 | 16.21 | ||||||||||
| Interest & Other Items | 1.47 | 1.63 | 1.69 | 1.54 | 1.41 | 1.07 | 0.94 | 1.39 | 1.42 | 1.60 | ||||||||||
| PBT | 3.21 | 4.45 | 5.50 | 6.77 | 3.76 | 0.04 | 1.95 | 11.27 | 12.50 | 14.61 | ||||||||||
| Taxes & Other Items | 1.14 | 1.48 | 1.68 | 2.40 | 0.07 | 0.37 | 1.84 | 2.29 | 3.21 | 3.59 | ||||||||||
| Net Income | 2.07 | 2.97 | 3.82 | 4.37 | 3.69 | -0.33 | 0.11 | 8.98 | 9.29 | 11.02 | ||||||||||
| EPS | 0.17 | 0.24 | 0.25 | 0.25 | 0.21 | -0.02 | 0.01 | 4.06 | 4.19 | 4.98 | ||||||||||
| DPS | 0.04 | 0.06 | 0.06 | 0.06 | 0.06 | 0.00 | 0.25 | 0.25 | 0.25 | 0.25 | ||||||||||
| Payout ratio | 0.24 | 0.26 | 0.25 | 0.25 | 0.30 | 0.00 | 22.58 | 0.06 | 0.06 | 0.05 |
Company Updates
Peers & Comparison
Information TechnologyIT Services & Consulting
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| DEV Information Technology Ltd | 32.91 | 7.35 | 0.18% |
| Tata Consultancy Services Ltd | 35.56 | 17.88 | 1.62% |
| Infosys Ltd | 30.53 | 9.05 | 2.38% |
| HCL Technologies Ltd | 30.19 | 6.94 | 2.98% |
Price Comparison
Compare DEVIT with any stock or ETFShareholdings
Promoter Holdings Trend
Decreased Total Promoter Holding
In last 6 months, promoter holding in the company has decreased by 1.11%
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateSep 22, 2023
Dividend/Share
₹0.25
Ex DateEx Date
Sep 22, 2023
Cash Dividend
Ex DateEx DateSep 22, 2022
Dividend/Share
₹0.25
Ex DateEx Date
Sep 22, 2022
Cash Dividend
Ex DateEx DateAug 18, 2021
Dividend/Share
₹0.50
Ex DateEx Date
Aug 18, 2021
Cash Dividend
Ex DateEx DateDec 22, 2020
Dividend/Share
₹0.50
Ex DateEx Date
Dec 22, 2020
Cash Dividend
Ex DateEx DateSep 20, 2019
Dividend/Share
₹0.50
Ex DateEx Date
Sep 20, 2019
Dev Information Technology consolidated net profit rises 95.03% in the June 2024 quarter
Dev Information Technology standalone net profit rises 98.20% in the June 2024 quarter
Net profit of Dev Information Technology rose 95.03% to Rs 3.53 crore in the quarter ended June 2024 as against Rs 1.81 crore during the previous quarter ended June 2023. Sales declined 41.35% to Rs 35.46 crore in the quarter ended June 2024 as against Rs 60.46 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales35.4660.46 -41 OPM %16.335.08 - PBDT5.542.95 88 PBT4.792.68 79 NP3.531.81 95 Powered by Capital Market - Live
Net profit of Dev Information Technology rose 98.20% to Rs 3.31 crore in the quarter ended June 2024 as against Rs 1.67 crore during the previous quarter ended June 2023. Sales declined 48.73% to Rs 30.19 crore in the quarter ended June 2024 as against Rs 58.89 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales30.1958.89 -49 OPM %16.364.75 - PBDT4.772.73 75 PBT4.212.47 70 NP3.311.67 98 Powered by Capital Market - Live
Dev Information Technology will hold a meeting of the Board of Directors of the Company on 5 August 2024.Powered by Capital Market - Live
Dev Information Technology wins orders worth Rs 8 cr
Dev Information Consolidated June 2023 Net Sales at Rs 60.46 crore, up 127.52% Y-o-Y
Dev Information hits 52-week low despite Rs 3-crore order from IT ministry
Stocks that will see action on March 29, 2023
Dev Information Consolidated December 2022 Net Sales at Rs 27.34 crore, down 6% Y-o-Y
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 16.13%, vs industry avg of 11.54%
Constant Market Share
Over the last 5 years, market share stayed at 0.02%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 16.28%, vs industry avg of 8.39%