Dev Information Technology Ltd

Dev Information Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Dev Information Technology Ltd

₹ 132 7.36%
04 Jul 4:01 p.m.
devitpl.com BSE: 543462 NSE: DEVIT
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

Website BSE NSE
  • Market Cap ₹ 297 Cr.
  • Current Price ₹ 132
  • High / Low ₹ 175 / 94.0
  • Stock P/E 32.0
  • Book Value ₹ 24.7
  • Dividend Yield 0.19 %
  • ROCE 22.8 %
  • ROE 19.2 %
  • Face Value ₹ 5.00
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Pros

  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 146%

Cons

  • Stock is trading at 5.34 times its book value
  • Promoter holding has decreased over last quarter: -1.11%
  • Company has a low return on equity of 11.7% 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.

Peer comparison

Sector: IT - Software Industry: Computers - Software - Medium / Small

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
23.02 16.13 29.08 31.59 26.57 25.99 27.34 44.26 60.46 27.95 31.74 43.44
21.76 15.34 28.73 30.36 24.60 24.16 29.07 39.41 57.39 25.90 29.29 37.24
Operating Profit 1.26 0.79 0.35 1.23 1.97 1.83 -1.73 4.85 3.07 2.05 2.45 6.20
OPM % 5.47% 4.90% 1.20% 3.89% 7.41% 7.04% -6.33% 10.96% 5.08% 7.33% 7.72% 14.27%
0.18 0.21 0.28 0.31 0.37 0.37 6.03 0.20 0.22 0.56 0.23 0.53
Interest 0.30 0.21 0.13 0.30 0.33 0.34 0.48 0.24 0.34 0.35 0.33 0.40
Depreciation 0.57 0.40 0.28 0.58 0.27 0.32 0.29 0.37 0.27 0.30 0.33 0.49
Profit before tax 0.57 0.39 0.22 0.66 1.74 1.54 3.53 4.44 2.68 1.96 2.02 5.84
Tax % 89.47% 130.77% 231.82% 77.27% 2.87% 30.52% 24.36% 18.92% 31.72% 15.82% 15.35% 26.54%
0.07 -0.12 -0.29 0.16 1.69 1.07 2.66 3.59 1.83 1.66 1.71 4.28
EPS in Rs 0.05 -0.03 -0.11 0.10 0.73 0.53 1.29 1.50 0.82 0.74 0.77 1.84
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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 46 47 64 70 78 69 85 100 124 164
41 54 42 42 57 61 68 64 82 96 117 150
Operating Profit 2 3 3 5 6 9 10 5 3 4 7 14
OPM % 5% 5% 7% 10% 10% 12% 12% 7% 3% 4% 6% 8%
0 0 0 1 0 0 1 2 1 1 7 2
Interest 1 1 1 1 2 2 2 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 6 7 4 0 2 11 12
Tax % 51% 27% 28% 36% 33% 28% 35% -1% 860% 104% 20% 24%
1 1 1 2 3 4 4 4 -0 -0 9 9
EPS in Rs 2.90 5.50 6.35 10.30 1.85 1.74 1.99 1.68 -0.15 0.06 4.06 4.13
Dividend Payout % 9% 7% 8% 6% 7% 7% 6% 7% 0% 425% 6% 6%
Compounded Sales Growth
10 Years: 11%
5 Years: 16%
3 Years: 25%
TTM: 32%
Compounded Profit Growth
10 Years: 24%
5 Years: 16%
3 Years: 69%
TTM: 100%
Stock Price CAGR
10 Years: %
5 Years: 44%
3 Years: 63%
1 Year: 0%
Return on Equity
10 Years: 10%
5 Years: 7%
3 Years: 12%
Last Year: 19%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 28 27 22 30 44
5 6 8 8 8 9 11 11 11 10 7 15
12 23 10 12 19 19 15 14 18 24 19 25
Total Liabilities 25 38 27 31 43 54 56 58 62 66 68 95
5 5 4 4 9 9 14 12 10 10 14 22
CWIP 0 0 0 0 0 0 0 0 0 1 1 3
Investments 0 0 0 0 0 0 0 5 4 3 3 3
19 33 22 27 34 45 42 41 47 53 49 67
Total Assets 25 38 27 31 43 54 56 58 62 66 68 95

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

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

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 79 140 114 127 117 138 92 115 94 114 103 114
Inventory Days 70 36 16 48 46 65 64 83 75 39 30 33
Days Payable 104 185 98 142 169 167 131 136 117 146 74 53
Cash Conversion Cycle 45 -9 31 32 -7 36 25 63 53 6 59 94
Working Capital Days 41 34 62 65 46 96 82 98 65 55 66 83
ROCE % 20% 19% 26% 29% 24% 22% 8% 3% 7% 15%

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.

Documents

Announcements

Annual reports

DRHP

Concalls

  • Nov 2022
    Transcript
    Notes
    PPT
  • Nov 2022
    Transcript
    Notes
    PPT