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Dev Accelerator (DEVX)₹42.13−1.22%Diversified Commercial Services
In the Jun 2026 quarter (consolidated), Dev Accelerator reported sales of ₹53.89 Cr, down 3.3% from Jun 2025, and net profit of ₹1.51 Cr, up 906.7% year on year. For the year to Mar 2026, sales were ₹226 Cr and net profit ₹9.01 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 24.96 | 34.53 | 49.84 | 65.52 | 55.75 | 51.95 | 59.36 | 59.37 | 53.89 |
| Expenses | 10.91 | 16.33 | 25.66 | 34.12 | 29.25 | 25.41 | 35.30 | 26.77 | 23.48 |
| Operating Profit | 14.00 | 18.14 | 24.09 | 31.32 | 26.42 | 26.43 | 23.92 | 32.53 | 30.29 |
| OPM % | 56.3% | 52.6% | 48.4% | 47.9% | 47.5% | 51.0% | 40.4% | 54.9% | 56.4% |
| Other Income | 0.23 | 14.37 | 2.27 | 2.95 | 1.33 | 2.72 | 2.86 | 2.95 | 2.98 |
| Interest | 8.77 | 11.39 | 12.22 | 15.19 | 12.27 | 12.63 | 9.26 | 10.27 | 14.01 |
| Depreciation | 11.17 | 14.50 | 13.37 | 16.60 | 14.56 | 14.85 | 14.99 | 14.70 | 17.76 |
| Profit before tax | −5.65 | 6.63 | 0.80 | 2.52 | 0.93 | 1.68 | 2.56 | 10.48 | 1.56 |
| Tax % | 5.5% | 6.0% | 13.6% | 16.6% | 85.2% | −3.6% | 139.3% | 24.1% | 4.5% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −0.99 | −0.99 | 0.00 |
| Net Profit | −5.98 | 6.25 | 0.70 | 2.13 | 0.15 | 1.77 | −1.02 | 7.97 | 1.51 |
| EPS (Rs) | −4,312.08 | 0.94 | 0.11 | 0.32 | 0.03 | 0.21 | −0.12 | 0.89 | 0.17 |
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|
| Sales | 31.05 | 70.15 | 108 | 159 | 226 | 225 |
| Expenses | 17.01 | 39.99 | 42.99 | 78.07 | 117 | 111 |
| Operating Profit | 14.01 | 30.01 | 65.10 | 80.02 | 109 | 113 |
| OPM % | 45.0% | 43.1% | 60.1% | 51.0% | 48.1% | 50.4% |
| Other Income | 0.00 | 2.01 | 3.01 | 19.06 | 10.03 | 11.51 |
| Interest | 6.99 | 17.02 | 31.03 | 45.03 | 43.99 | 46.17 |
| Depreciation | 15.06 | 30.12 | 45.21 | 52.20 | 59.25 | 62.30 |
| Profit before tax | −7.99 | −15.97 | −8.99 | 2.99 | 15.97 | 16.28 |
| Tax % | −9.0% | −20.0% | −105.0% | 34.0% | 44.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −1.98 |
| Net Profit | −8.01 | −13.03 | 0.00 | 2.01 | 9.01 | 10.23 |
| EPS (Rs) | −6,977.02 | −10,551.06 | 317.16 | 0.27 | 0.99 | 1.15 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 0.00 | 0.00 | 0.00 | 12.98 | 21.92 |
| Reserves | −6.01 | −2.01 | 25.03 | 38.07 | 164 |
| Borrowings | 89.11 | 239 | 328 | 389 | 370 |
| Other Liabilities | 17.91 | 46.07 | 56.72 | 99.57 | 87.58 |
| Total Liabilities | 101 | 282 | 411 | 540 | 644 |
| Fixed Assets | 79.09 | 228 | 269 | 293 | 261 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 70.15 |
| Investments | 0.99 | 0.99 | 8.99 | 52.95 | 38.94 |
| Other Assets | 20.92 | 53.85 | 133 | 192 | 273 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Trade receivables | 1.99 | 3.99 | 11.97 | 41.94 | 26.94 |
| Cash & equivalents | 1.99 | 1.01 | 1.01 | 3.01 | 54.99 |
| Total Assets | 101 | 282 | 411 | 540 | 644 |
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Cash from operating activity | 14.03 | 26.03 | 8.02 | 94.19 | 90.14 |
| Cash from investing activity | −7.01 | −24.01 | −40.98 | −38.01 | −121 |
| Cash from financing activity | −6.01 | −4.01 | 33.04 | −53.02 | 49.02 |
| Net cash flow | 1.01 | −1.01 | 0.00 | 3.01 | 18.02 |
| Capex | 7.01 | 24.01 | 34.02 | 11.99 | 103 |
| Free cash flow | 6.98 | 1.99 | −25.96 | 81.83 | −7.99 |
| CFO / OP % | 106.9% | 93.0% | 15.9% | 129.9% | 83.0% |
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor days | 22 | 18 | 39 | 96 | 43 |
| Inventory days | — | — | — | — | 0 |
| Cash conversion cycle | 23 | 19 | 40 | 97 | 44 |
| Working capital days | −214 | −266 | −147 | −115 | −24 |
| ROCE % | — | 1.0% | 8.0% | 11.9% | 11.9% |
For the Jun 2026 quarter, Dev Accelerator reported sales of ₹53.89 Cr, down 3.3% year on year and net profit of ₹1.51 Cr, up 906.7% year on year. The operating margin was 56.4%.
Dev Accelerator's sales for the year to Mar 2026 were ₹226 Cr; over the last twelve months they were ₹225 Cr.
Net profit for the year to Mar 2026 was ₹9.01 Cr, and ₹10.23 Cr over the last twelve months. Earnings per share over the same trailing period were ₹1.15.
Dev Accelerator reported borrowings of ₹370 Cr at Mar 2026, against cash and equivalents of ₹54.99 Cr.
Cash from operations was ₹90.14 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹7.99 Cr.