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Dev Information Technology (DEVIT)₹20.59+1.43%IT Enabled Services
In the Jun 2026 quarter (consolidated), Dev Information Technology reported sales of ₹43.97 Cr, up 2.6% from Jun 2025, and net profit of ₹2.10 Cr, down 3.2% year on year. For the year to Mar 2026, sales were ₹189 Cr and net profit ₹75.89 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 27.83 | 31.61 | 43.29 | 35.31 | 35.80 | 47.53 | 51.37 | 42.87 | 48.36 | 44.00 | 53.71 | 43.97 |
| Expenses | 25.94 | 29.32 | 37.32 | 29.72 | 37.05 | 44.77 | 48.84 | 39.51 | 45.46 | 50.62 | 51.03 | 40.83 |
| Operating Profit | 2.04 | 2.44 | 6.18 | 5.77 | −1.07 | 2.99 | 2.75 | 3.55 | 3.13 | −6.35 | 2.90 | 3.33 |
| OPM % | 7.4% | 7.7% | 14.3% | 16.4% | −3.0% | 6.3% | 5.4% | 8.3% | 6.5% | −14.4% | 5.4% | 7.6% |
| Other Income | 0.55 | 0.22 | 0.52 | 0.26 | 12.32 | 0.45 | 0.22 | 0.46 | 94.26 | 0.73 | 2.12 | 0.50 |
| Interest | 0.34 | 0.32 | 0.39 | 0.51 | 0.98 | 0.50 | 0.57 | 0.53 | 0.70 | 0.53 | 0.97 | 0.71 |
| Depreciation | 0.31 | 0.34 | 0.50 | 0.76 | 0.80 | 0.71 | 0.78 | 0.72 | 0.85 | 1.09 | 0.64 | 0.38 |
| Profit before tax | 1.97 | 2.03 | 5.86 | 4.80 | 9.47 | 2.24 | 1.63 | 2.79 | 96.06 | −7.29 | 3.44 | 2.75 |
| Tax % | 15.8% | 15.3% | 26.5% | 22.3% | 14.0% | 18.3% | 29.6% | 21.2% | 24.9% | 2.2% | −161.3% | 22.9% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 70.42 | 0.00 | 0.00 | 0.00 |
| Net Profit | 1.65 | 1.70 | 4.27 | 3.70 | 8.09 | 1.81 | 1.12 | 2.17 | 71.71 | −7.41 | 8.95 | 2.10 |
| EPS (Rs) | 0.29 | 0.30 | 0.73 | 0.62 | 1.48 | 0.30 | 0.21 | 0.36 | 12.71 | −1.28 | 1.60 | 0.36 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 46.84 | 63.78 | 69.70 | 77.76 | 68.74 | 84.73 | 99.57 | 124 | 163 | 170 | 189 | 190 |
| Expenses | 42.04 | 57.07 | 61.07 | 68.07 | 64.10 | 82.15 | 96.15 | 117 | 150 | 160 | 186 | 188 |
| Operating Profit | 4.99 | 5.98 | 8.97 | 9.97 | 4.98 | 2.99 | 3.99 | 6.98 | 13.95 | 9.96 | 2.99 | 3.01 |
| OPM % | 10.0% | 10.0% | 12.0% | 12.0% | 7.0% | 3.1% | 3.6% | 6.0% | 8.0% | 6.0% | 1.7% | 1.6% |
| Other Income | 0.99 | 0.00 | 0.00 | 1.01 | 1.99 | 0.99 | 0.99 | 7.01 | 1.99 | 12.99 | 97.98 | 97.61 |
| Interest | 0.99 | 1.99 | 1.99 | 1.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 2.99 | 2.99 | 2.91 |
| Depreciation | 0.99 | 1.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 1.01 | 1.01 | 2.99 | 3.01 | 2.96 |
| Profit before tax | 3.01 | 4.01 | 6.02 | 7.02 | 4.01 | 0.00 | 2.01 | 11.03 | 12.04 | 18.05 | 95.32 | 94.96 |
| Tax % | 36.0% | 33.0% | 28.0% | 35.0% | −1.0% | 860.0% | 104.0% | 20.0% | 23.9% | 18.0% | 19.9% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 3.01 | 0.00 | 4.02 | 0.00 | 9.04 | 75.31 | 70.42 |
| Net Profit | 1.99 | 2.99 | 3.99 | 3.99 | 3.99 | 0.00 | 0.00 | 8.98 | 8.98 | 14.97 | 75.89 | 75.35 |
| EPS (Rs) | 3.94 | 0.73 | 0.68 | 0.78 | 0.66 | −0.05 | 0.01 | 1.61 | 1.64 | 2.63 | 13.40 | 13.39 |
| Dividend payout % | 6.0% | 7.0% | 7.0% | 6.0% | 7.0% | 0.0% | 425.1% | 6.0% | 6.0% | 4.0% | 1.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.49 | 0.49 | 3.99 | 5.99 | 5.99 | 6.00 | 5.99 | 10.99 | 10.99 | 10.99 | 10.99 | 10.98 |
| Reserves | 7.99 | 10.01 | 12.01 | 19.99 | 24.02 | 27.97 | 27.03 | 21.99 | 30.01 | 43.98 | 57.00 | 97.89 |
| Borrowings | 7.97 | 7.97 | 7.97 | 8.96 | 10.96 | 10.96 | 10.96 | 9.97 | 6.97 | 14.95 | 19.94 | 30.89 |
| Other Liabilities | 10.00 | 11.97 | 18.96 | 18.93 | 14.93 | 13.94 | 17.93 | 23.88 | 18.92 | 24.89 | 33.84 | 48.76 |
| Total Liabilities | 26.95 | 30.94 | 42.93 | 53.87 | 55.90 | 57.87 | 61.91 | 65.83 | 67.89 | 94.81 | 122 | 189 |
| Fixed Assets | 3.99 | 3.99 | 8.99 | 8.99 | 13.99 | 11.99 | 9.99 | 9.99 | 13.99 | 21.99 | 22.96 | 26.96 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | 0.99 | 2.99 | 3.98 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.98 | 3.98 | 2.99 | 2.99 | 2.99 | 3.98 | 47.82 |
| Other Assets | 21.96 | 26.95 | 33.94 | 44.88 | 41.91 | 40.90 | 46.94 | 52.86 | 48.92 | 66.84 | 91.85 | 114 |
| Inventories | 0.99 | 2.99 | 4.98 | 6.98 | 5.98 | 5.98 | 8.97 | 4.98 | 4.98 | 5.98 | 6.97 | 5.98 |
| Trade receivables | 13.99 | 15.98 | 19.97 | 25.95 | 19.96 | 21.96 | 21.97 | 30.95 | 34.93 | 50.89 | 74.87 | 90.91 |
| Cash & equivalents | 3.01 | 4.01 | 5.01 | 7.02 | 8.01 | 6.01 | 11.02 | 11.02 | 5.01 | 6.01 | 2.01 | 6.01 |
| Total Assets | 26.95 | 30.94 | 42.93 | 53.87 | 55.90 | 57.87 | 61.91 | 65.83 | 67.89 | 94.81 | 122 | 189 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 1.01 | 2.01 | 6.02 | −3.01 | 7.03 | 5.02 | 6.03 | 6.02 | −2.01 | −1.01 | −9.04 | −2.01 |
| Cash from investing activity | 0.00 | 0.00 | −5.99 | −1.01 | −6.99 | −7.01 | 0.00 | −1.99 | −1.01 | −1.99 | 8.99 | −1.01 |
| Cash from financing activity | 0.00 | −1.01 | −1.01 | 6.01 | 0.00 | 1.01 | −1.01 | −3.01 | −4.01 | 4.01 | −2.01 | 7.01 |
| Net cash flow | 0.00 | 0.00 | −1.01 | 2.01 | 0.00 | −2.01 | 4.01 | 1.01 | −7.01 | 1.01 | −2.01 | 4.01 |
| Capex | 0.49 | 0.28 | 5.72 | 1.22 | 7.55 | 3.03 | 0.60 | 1.53 | 5.75 | 1.98 | 4.53 | 14.25 |
| Free cash flow | 0.00 | 1.01 | 0.00 | −4.01 | 0.00 | 2.01 | 5.01 | 4.01 | −7.01 | −3.01 | −13.03 | −5.01 |
| CFO / OP % | 23.1% | 53.1% | 94.1% | −32.0% | 74.0% | 135.0% | 125.0% | 227.0% | −18.0% | 15.0% | −46.0% | 73.1% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 114 | 127 | 117 | 138 | 92 | 115 | 94 | 114 | 103 | 114 | 159 | 175 |
| Inventory days | 17 | 49 | 47 | 66 | 65 | 84 | 76 | 40 | 31 | 76 | — | 29 |
| Days payable | 98 | 142 | 169 | 167 | 131 | 136 | 117 | 146 | 74 | 122 | — | 113 |
| Cash conversion cycle | 31 | 32 | −7 | 36 | 25 | 63 | 53 | 6 | 59 | 68 | 159 | 90 |
| Working capital days | 62 | 33 | 20 | 57 | 51 | 53 | 24 | 22 | 55 | 62 | 82 | 80 |
| ROCE % | 19.0% | 26.1% | 29.0% | 24.0% | 22.1% | 8.0% | 3.0% | 7.0% | 15.1% | 23.1% | 11.0% | 3.0% |
For the Jun 2026 quarter, Dev Information Technology reported sales of ₹43.97 Cr, up 2.6% year on year and net profit of ₹2.10 Cr, down 3.2% year on year. The operating margin was 7.6%.
Dev Information Technology's sales for the year to Mar 2026 were ₹189 Cr; over the last twelve months they were ₹190 Cr.
Net profit for the year to Mar 2026 was ₹75.89 Cr, and ₹75.35 Cr over the last twelve months. Earnings per share over the same trailing period were ₹13.39.
Dev Information Technology reported borrowings of ₹30.89 Cr at Mar 2026, against cash and equivalents of ₹6.01 Cr.
Cash from operations was −₹2.01 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹5.01 Cr.