Dev Information Technology Limited Logo

Dev Information Technology Limited

DEVIT.NS

(2.2)
Stock Price

161,99 INR

0% ROA

21.66% ROE

31.12x PER

Market Cap.

3.425.319.198,00 INR

0% DER

0.16% Yield

7.94% NPM

Dev Information Technology Limited Stock Analysis

Dev Information Technology Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Dev Information Technology Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (54.28%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 PBV

With a remarkably low PBV ratio (0x), the stock offers substantial upside potential at a bargain price.

3 DER

The stock has a low debt to equity ratio (0%), which means it has a small amount of debt compared to the ownership it holds

4 Dividend

Investors can trust the company's impressive dividend track record, consistently distributing dividends over the past five years, showcasing a strong commitment to rewarding shareholders.

5 Buffet Intrinsic Value

The company's stock seems undervalued (30.845) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

6 ROA

The stock's ROA (0%) indicates that it's not effectively utilizing its assets to generate profits, making it a less favorable option to invest and earn consistent returns.

7 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

8 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

9 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

10 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

11 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

Dev Information Technology Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Dev Information Technology Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Sell
3 RSI Hold
4 Stoch RSI Buy

Dev Information Technology Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Dev Information Technology Limited Revenue
Year Revenue Growth
2012 424.769.000
2013 564.498.000 24.75%
2014 443.340.000 -27.33%
2015 455.508.000 2.67%
2016 639.231.957 28.74%
2017 787.848.922 18.86%
2018 756.521.721 -4.14%
2019 684.157.181 -10.58%
2020 843.804.386 18.92%
2021 997.487.000 15.41%
2022 1.241.552.000 19.66%
2023 1.117.888.000 -11.06%
2023 1.635.756.000 31.66%
2024 1.418.404.000 -15.32%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Dev Information Technology Limited Research and Development Expenses
Year Research and Development Expenses Growth
2012 0
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Dev Information Technology Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2012 0
2013 0 0%
2014 0 0%
2015 0 0%
2016 6.005.348 100%
2017 14.163.796 57.6%
2018 30.892.225 54.15%
2019 15.641.696 -97.5%
2020 18.057.819 13.38%
2021 10.963.000 -64.72%
2022 14.180.000 22.69%
2023 0 0%
2023 0 0%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Dev Information Technology Limited EBITDA
Year EBITDA Growth
2012 21.653.000
2013 28.959.000 25.23%
2014 33.598.000 13.81%
2015 46.982.000 28.49%
2016 66.826.662 29.7%
2017 84.448.891 20.87%
2018 99.109.660 14.79%
2019 57.759.020 -71.59%
2020 42.187.009 -36.91%
2021 56.836.000 25.77%
2022 138.927.000 59.09%
2023 104.556.000 -32.87%
2023 153.110.000 31.71%
2024 231.548.000 33.88%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Dev Information Technology Limited Gross Profit
Year Gross Profit Growth
2012 118.057.000
2013 148.453.000 20.48%
2014 162.145.000 8.44%
2015 215.365.000 24.71%
2016 272.189.904 20.88%
2017 229.294.261 -18.71%
2018 148.066.179 -54.86%
2019 106.970.114 -38.42%
2020 81.912.393 -30.59%
2021 106.987.000 23.44%
2022 121.611.000 12.03%
2023 143.856.000 15.46%
2023 203.180.000 29.2%
2024 269.812.000 24.7%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Dev Information Technology Limited Net Profit
Year Net Profit Growth
2012 5.830.000
2013 10.998.000 46.99%
2014 12.681.000 13.27%
2015 20.480.000 38.08%
2016 29.861.737 31.42%
2017 39.630.104 24.65%
2018 43.710.361 9.33%
2019 36.997.515 -18.14%
2020 8.172.157 -352.73%
2021 1.340.000 -509.86%
2022 89.745.000 98.51%
2023 65.432.000 -37.16%
2023 92.879.000 29.55%
2024 141.380.000 34.31%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Dev Information Technology Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2012 0
2013 1 0%
2014 1 0%
2015 1 100%
2016 2 0%
2017 2 0%
2018 2 0%
2019 2 0%
2020 0 0%
2021 0 0%
2022 4 100%
2023 0 0%
2023 4 100%
2024 6 33.33%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Dev Information Technology Limited Free Cashflow
Year Free Cashflow Growth
2012 -4.631.000
2013 22.118.000 120.94%
2014 2.385.000 -827.38%
2015 20.722.000 88.49%
2016 28.213.874 26.55%
2017 -39.833.561 170.83%
2018 -5.547.682 -618.02%
2019 18.517.005 129.96%
2020 50.408.978 63.27%
2021 32.298.000 -56.07%
2022 -74.132.000 143.57%
2023 0 0%
2023 -27.835.000 100%
2024 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Dev Information Technology Limited Operating Cashflow
Year Operating Cashflow Growth
2012 -634.000
2013 26.055.000 102.43%
2014 7.421.000 -251.1%
2015 23.656.000 68.63%
2016 85.582.694 72.36%
2017 -27.565.726 410.47%
2018 70.293.045 139.22%
2019 48.922.233 -43.68%
2020 56.523.679 13.45%
2021 47.732.000 -18.42%
2022 -16.475.000 389.72%
2023 0 0%
2023 -7.921.000 100%
2024 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Dev Information Technology Limited Capital Expenditure
Year Capital Expenditure Growth
2012 3.997.000
2013 3.937.000 -1.52%
2014 5.036.000 21.82%
2015 2.934.000 -71.64%
2016 57.368.820 94.89%
2017 12.267.835 -367.64%
2018 75.840.727 83.82%
2019 30.405.228 -149.43%
2020 6.114.701 -397.25%
2021 15.434.000 60.38%
2022 57.657.000 73.23%
2023 0 0%
2023 19.914.000 100%
2024 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Dev Information Technology Limited Equity
Year Equity Growth
2012 68.623.000
2013 78.775.000 12.89%
2014 90.004.000 12.48%
2015 109.114.000 17.51%
2016 162.390.427 32.81%
2017 261.492.596 37.9%
2018 301.564.194 13.29%
2019 335.313.560 10.07%
2020 340.788.648 1.61%
2021 327.793.000 -3.96%
2022 416.072.000 21.22%
2023 582.834.000 28.61%
2023 448.317.000 -30%
2024 582.834.000 23.08%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Dev Information Technology Limited Assets
Year Assets Growth
2012 246.184.000
2013 375.982.000 34.52%
2014 268.807.000 -39.87%
2015 309.691.000 13.2%
2016 434.310.439 28.69%
2017 542.210.789 19.9%
2018 562.044.879 3.53%
2019 580.740.766 3.22%
2020 629.741.423 7.78%
2021 664.811.000 5.28%
2022 677.405.000 1.86%
2023 954.858.000 29.06%
2023 661.201.000 -44.41%
2024 0 0%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Dev Information Technology Limited Liabilities
Year Liabilities Growth
2012 177.562.000
2013 297.207.000 40.26%
2014 178.803.000 -66.22%
2015 200.577.000 10.86%
2016 271.920.012 26.24%
2017 280.718.193 3.13%
2018 260.480.685 -7.77%
2019 245.427.206 -6.13%
2020 288.952.775 15.06%
2021 337.018.000 14.26%
2022 261.333.000 -28.96%
2023 372.024.000 29.75%
2023 212.884.000 -74.75%
2024 0 0%

Dev Information Technology Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
61.63
Net Income per Share
4.9
Price to Earning Ratio
31.12x
Price To Sales Ratio
2.47x
POCF Ratio
270.01
PFCF Ratio
270.01
Price to Book Ratio
5.88
EV to Sales
2.52
EV Over EBITDA
19.83
EV to Operating CashFlow
274.79
EV to FreeCashFlow
274.79
Earnings Yield
0.03
FreeCashFlow Yield
0
Market Cap
3,43 Bil.
Enterprise Value
3,49 Bil.
Graham Number
53.44
Graham NetNet
2.7

Income Statement Metrics

Net Income per Share
4.9
Income Quality
0.12
ROE
0.22
Return On Assets
0
Return On Capital Employed
0
Net Income per EBT
0.75
EBT Per Ebit
0.93
Ebit per Revenue
0.11
Effective Tax Rate
0.22

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.16
Operating Profit Margin
0.11
Pretax Profit Margin
0.11
Net Profit Margin
0.08

Dividends

Dividend Yield
0
Dividend Yield %
0.16
Payout Ratio
0
Dividend Per Share
0.25

Operating Metrics

Operating Cashflow per Share
0.56
Free CashFlow per Share
0.56
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.21
Return on Tangible Assets
0
Days Sales Outstanding
0
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0
Inventory Turnover
0
Capex per Share
0

Balance Sheet

Cash per Share
2,70
Book Value per Share
0,00
Tangible Book Value per Share
0
Shareholders Equity per Share
25.92
Interest Debt per Share
0.71
Debt to Equity
0
Debt to Assets
0
Net Debt to EBITDA
0.34
Current Ratio
0
Tangible Asset Value
0,00 Bil.
Net Current Asset Value
0,06 Bil.
Invested Capital
60639000
Working Capital
0,06 Bil.
Intangibles to Total Assets
0
Average Receivables
0,26 Bil.
Average Payables
0,05 Bil.
Average Inventory
31687500
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Dev Information Technology Limited Dividends
Year Dividends Growth
2017 1
2018 1 0%
2019 1 0%
2020 1 0%
2021 1 0%
2022 1 0%
2023 0 0%
2024 0 0%

Dev Information Technology Limited Profile

About Dev Information Technology Limited

Dev Information Technology Limited provides information technology enabled services in India. The company offers enterprise resource planning and customer relationship management applications, and application development solutions; and enterprise mobility services, such as mobile application development and mobile device management services. It also provides infrastructure management services, including incident management, problem management, helpdesk, server management, database administration, network and firewall, and consulting and managed services; planning, licensing, and implementation services for office 365 solutions; and cybersecurity services. In addition, the company offers cloud computing services, including cloud advisory, cloud management, cloud migration, managed backups, disaster recovery, and unified communication solutions; and digital commerce, digital marketing, and document digitization services. Further, it licenses software products; and provides digital signatures and SSL certificates. Additionally, the company offers maintenance services for software products, as well as technical support services; and resells software products. Dev Information Technology Limited was incorporated in 1997 and is based in Ahmedabad, India.

CEO
Mr. Jaiminbhai Jagdishbhai Sha
Employee
971
Address
14, Aaryans Corporate Park
Ahmedabad, 380059

Dev Information Technology Limited Executives & BODs

Dev Information Technology Limited Executives & BODs
# Name Age
1 Mr. Nilesh Mandani
Senior Vice President of Sales - Enterprise Applications
70
2 Mr. Shomy Sathyadevan
Delivery Head of Cloud Services
70
3 Mr. Pranav Niranjanbhai Pandya
Founder & Chairman of the Board
70
4 Mr. Ketan Shah
Practice Head of Dynamics
70
5 Mr. Jaiminbhai Jagdishbhai Shah
Founder, MD, Chief Executive Officer & Director
70
6 Mr. Harshil Hemant Shah
Chief Financial Officer
70
7 Ms. Chaitali Shah
HR Manager - Payroll Operations
70
8 Mr. Vishal Nagendra Vasu
Chief Technology Officer & Whole Time Director
70
9 Ms. Krisa Kairav Shah
Company Secretary & Compliance Officer
70
10 Mr. Prerak Pradyumna Shah
Executive Director & Joint Chief Executive Officer
70

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