Dev Information Technology Ltd

Dev Information Technology Ltd

₹ 117 -1.22%
02 Jul 12:15 p.m.
About

Incorporated in 1997, Dev Information Technology Ltd is in the business of
providing IT enabled services[1]

Key Points

Business Overview:[1]
DEV IT is a Technology Solutions Provider which delivers Digital Transformation leveraging Cloud, Automation and Data technologies

  • Market Cap 263 Cr.
  • Current Price 117
  • High / Low 175 / 94.0
  • Stock P/E 30.0
  • Book Value 24.8
  • Dividend Yield 0.21 %
  • ROCE 22.1 %
  • ROE 17.9 %
  • Face Value 5.00

Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 22.9% CAGR over last 5 years

Cons

  • Promoter holding has decreased over last quarter: -1.11%
  • Company has a low return on equity of 12.5% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
24.56 22.59 15.60 29.08 31.75 26.01 27.15 26.93 41.89 58.89 30.00 30.72 37.68
23.73 21.38 14.77 27.43 30.01 24.40 24.91 27.76 38.64 56.08 27.94 28.39 32.11
Operating Profit 0.83 1.21 0.83 1.65 1.74 1.61 2.24 -0.83 3.25 2.81 2.06 2.33 5.57
OPM % 3.38% 5.36% 5.32% 5.67% 5.48% 6.19% 8.25% -3.08% 7.76% 4.77% 6.87% 7.58% 14.78%
0.08 0.18 0.12 0.28 0.34 0.37 0.37 5.83 0.40 0.18 0.51 0.26 0.46
Interest 0.29 0.28 0.19 0.08 0.27 0.25 0.31 0.44 0.20 0.25 0.33 0.30 0.34
Depreciation 0.53 0.57 0.39 0.32 0.58 0.27 0.32 0.29 0.33 0.26 0.29 0.32 0.36
Profit before tax 0.09 0.54 0.37 1.53 1.23 1.46 1.98 4.27 3.12 2.48 1.95 1.97 5.33
Tax % 111.11% 57.41% 56.76% 30.72% 38.21% -2.05% 27.27% 20.14% 22.76% 32.26% 16.41% 16.24% 28.33%
-0.01 0.24 0.16 1.05 0.76 1.48 1.44 3.40 2.41 1.67 1.62 1.65 3.82
EPS in Rs -0.00 0.11 0.07 0.48 0.34 0.67 0.65 1.54 1.09 0.76 0.73 0.75 1.70
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
43 57 44 45 57 67 71 66 84 99 122 157
41 54 41 40 50 59 64 62 81 94 116 145
Operating Profit 2 3 3 5 6 8 7 4 3 5 6 13
OPM % 5% 5% 7% 11% 11% 12% 10% 6% 4% 5% 5% 8%
0 0 0 0 0 0 2 2 0 1 7 1
Interest 1 1 1 1 2 2 1 1 1 1 1 1
Depreciation 0 1 1 1 1 2 2 2 2 2 1 1
Profit before tax 1 2 2 3 4 5 6 3 0 4 11 12
Tax % 50% 27% 28% 36% 33% 30% 33% -0% 159% 50% 19% 25%
1 1 1 2 3 3 4 3 -0 2 9 9
EPS in Rs 3.05 5.45 6.25 10.05 1.79 1.57 1.98 1.56 -0.07 0.87 3.94 3.90
Dividend Payout % 8% 7% 8% 6% 7% 8% 6% 8% 0% 29% 6% 6%
Compounded Sales Growth
10 Years: 11%
5 Years: 17%
3 Years: 23%
TTM: 29%
Compounded Profit Growth
10 Years: 23%
5 Years: 23%
3 Years: 168%
TTM: 102%
Stock Price CAGR
10 Years: %
5 Years: 41%
3 Years: 58%
1 Year: -12%
Return on Equity
10 Years: 11%
5 Years: 9%
3 Years: 12%
Last Year: 18%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 0 0 0 0 4 6 6 6 6 11 11 11
Reserves 6 7 8 10 12 20 24 27 27 23 31 45
5 6 8 8 8 9 10 11 11 9 7 12
13 23 10 12 19 19 14 15 19 24 18 21
Total Liabilities 25 38 27 31 43 53 53 58 62 67 68 89
5 5 4 4 9 9 11 12 10 10 9 11
CWIP 0 0 0 0 0 0 0 0 0 1 1 1
Investments 0 0 0 0 0 0 0 5 4 4 9 15
19 32 22 26 34 44 41 41 48 53 48 62
Total Assets 25 38 27 31 43 53 53 58 62 67 68 89

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-1 2 1 1 3 -3 5 8 5 5 -1 -1
-0 -1 -0 0 -5 -1 -4 -7 -1 -2 -1 -2
-0 1 -0 -1 1 6 -1 -1 -1 -3 -4 3
Net Cash Flow -1 2 0 0 -2 2 0 -0 4 -0 -6 0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 79 141 116 132 134 149 110 127 103 124 109 116
Inventory Days 70 36 16 52 57 64 67 83 75 39 30 33
Days Payable 113 195 114 155 206 166 112 150 125 145 73 55
Cash Conversion Cycle 36 -17 18 29 -15 48 65 60 53 18 66 94
Working Capital Days 34 30 54 69 58 102 90 100 67 65 71 83
ROCE % 16% 20% 19% 26% 28% 23% 16% 8% 4% 11% 14%

Shareholding Pattern

Numbers in percentages

4 Recently
Mar 2021Sep 2021Oct 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
69.07% 69.07% 69.07% 69.07% 68.06% 68.06% 67.65% 67.53% 67.53% 67.48% 71.31% 70.20%
0.00% 0.00% 0.00% 0.00% 1.00% 1.81% 1.81% 1.72% 0.00% 0.00% 0.00% 0.00%
30.93% 30.92% 30.94% 30.93% 30.94% 30.12% 30.53% 30.76% 32.48% 32.52% 28.69% 29.80%
No. of Shareholders 1781801906137,7336,3817,8327,0447,9807,1818,3038,419

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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