Dev Information Technology Ltd
Incorporated in 1997, Dev Information Technology Ltd is in the business of
providing IT enabled services[1]
- Market Cap ₹ 362 Cr.
- Current Price ₹ 161
- High / Low ₹ 178 / 94.0
- Stock P/E 20.2
- Book Value ₹ 30.2
- Dividend Yield 0.16 %
- ROCE 22.1 %
- ROE 17.9 %
- Face Value ₹ 5.00
Pros
- Company has delivered good profit growth of 22.9% CAGR over last 5 years
Cons
- Promoter holding has decreased over last quarter: -1.47%
- Earnings include an other income of Rs.12.8 Cr.
* 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.
Peer comparison
Sector: IT - Software Industry: Computers - Software - Medium / Small
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
43 | 57 | 44 | 45 | 57 | 67 | 71 | 66 | 84 | 99 | 122 | 157 | 131 | |
41 | 54 | 41 | 40 | 50 | 59 | 64 | 62 | 81 | 94 | 116 | 145 | 118 | |
Operating Profit | 2 | 3 | 3 | 5 | 6 | 8 | 7 | 4 | 3 | 5 | 6 | 13 | 13 |
OPM % | 5% | 5% | 7% | 11% | 11% | 12% | 10% | 6% | 4% | 5% | 5% | 8% | 10% |
0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 0 | 1 | 7 | 1 | 13 | |
Interest | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Depreciation | 0 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 2 |
Profit before tax | 1 | 2 | 2 | 3 | 4 | 5 | 6 | 3 | 0 | 4 | 11 | 12 | 22 |
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 | 18 | |
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 | 7.98 |
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: | -17% |
Compounded Profit Growth | |
---|---|
10 Years: | 23% |
5 Years: | 23% |
3 Years: | 168% |
TTM: | 97% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 57% |
3 Years: | 68% |
1 Year: | 27% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 11% |
3 Years: | 16% |
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 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.50 | 0.50 | 0.50 | 0.50 | 4 | 6 | 6 | 6 | 6 | 11 | 11 | 11 | 11 |
Reserves | 6 | 7 | 8 | 10 | 12 | 20 | 24 | 27 | 27 | 23 | 31 | 45 | 57 |
5 | 6 | 8 | 8 | 8 | 9 | 10 | 11 | 11 | 9 | 7 | 12 | 21 | |
13 | 23 | 10 | 12 | 19 | 19 | 14 | 15 | 19 | 24 | 18 | 21 | 13 | |
Total Liabilities | 25 | 38 | 27 | 31 | 43 | 53 | 53 | 58 | 62 | 67 | 68 | 89 | 102 |
5 | 5 | 4 | 4 | 9 | 9 | 11 | 12 | 10 | 10 | 9 | 11 | 10 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 4 | 4 | 9 | 15 | 19 |
19 | 32 | 22 | 26 | 34 | 44 | 41 | 41 | 48 | 53 | 48 | 62 | 71 | |
Total Assets | 25 | 38 | 27 | 31 | 43 | 53 | 53 | 58 | 62 | 67 | 68 | 89 | 102 |
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 | 60 | 76 |
Days Payable | 113 | 195 | 114 | 155 | 206 | 166 | 112 | 150 | 125 | 145 | 147 | 128 |
Cash Conversion Cycle | 36 | -17 | 18 | 29 | -15 | 48 | 65 | 60 | 53 | 18 | 22 | 65 |
Working Capital Days | 34 | 30 | 54 | 69 | 58 | 102 | 90 | 100 | 67 | 65 | 70 | 83 |
ROCE % | 16% | 20% | 19% | 26% | 28% | 23% | 16% | 8% | 4% | 11% | 26% | 22% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
19h - DEVIT secures Rs. 84.5 Lakh order from Bhavnagar Municipal Corporation.
-
Board Meeting Intimation for Intimation Under Regulation 29(1) And 30 Of SEBI (LODR) Regulations, 2015
1d - Board meeting to discuss director appointment and share split.
- Closure of Trading Window 1d
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 15 Nov
-
Corrigendum To The Unaudited Financial Results Of The Company For The Period Ended On September 30, 2024
13 Nov - Corrigendum to unaudited financial results for Q2 2024.
Annual reports
Concalls
-
Nov 2024Transcript PPT
-
Aug 2024TranscriptPPT
-
Nov 2022TranscriptNotesPPT
-
Nov 2022TranscriptNotesPPT
Business Overview:[1]
DEV IT is a Technology Solutions Provider which delivers Digital Transformation leveraging Cloud, Automation and Data technologies