Dev IT

Ahmedabad, India Founded: 1997 • Age: 29 yrs Listed
Digital transformation, IT managed, and cloud services are provided.
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About Dev IT

Dev IT is a publicly listed company based in Ahmedabad (India) founded in 1997 by Pranav Pandya. Digital transformation, IT managed, and cloud services are provided. It operates in the Business Services and Technology sectors. The company has 924 employees. Dev IT has completed 2 acquisitions, including Dhyey Consulting and Minddeft. Its chief executive, as recorded, is Prerak Shah. Its website devitpl.com draws about 16 thousand monthly visits. Its Indian entity Dev Information Technology Limited reported revenue of ₹287 Cr. Its focus areas include IT Services, Suite, Digital Transformation Services and Horizontal. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.

Company details

Dev IT was established in 1997 and is based in Ahmedabad, India. Operations in the IT sector encompass digital transformation, managed services, cloud solutions, and additional technology offerings. The company is led by co-founder Pranav Pandya as Chairman and Prerak Shah as CEO and Director. Services are delivered to support client infrastructure and digital needs within the Indian market.

  • Headquarters Ahmedabad, India
  • Employees 924
  • Founders Pranav Pandya
  • Stage Public
  • Sectors
    Business Services
    Technology
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website devitpl.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Dev Information Technology Ltd
Operational Areas
Business Services → Digital Transformation & Automation Services
Technology → IT Services & Operations
Key Metrics
  • Market Cap
    ₹107 Cr

    DEVIT · NSE

  • Share Price
    ₹17.98

    -3.95% today

  • Revenue
    ₹190 Cr

    FY 2025-26 · +11.0% YoY

  • EBITDA
    ₹3.23 Cr

    Margin 1.7%

  • Net Profit
    ₹1.12 Cr

    FY 2025-26 · -81.0% YoY

  • P/E (TTM)
    19.3x

    P/B 1.0x

  • Employee Count
    924
  • Investments & Acquisitions
    Dhyey Consulting

    & 1 more

Apps and channels of Dev IT

its YouTube channel DevTelecasts has 266 subscribers and 30 videos.

DevTelecasts
YouTube 266 subscribers 30 videos Science & Technology
Open channel

Videos from Dev IT

The most watched videos on Dev IT's YouTube channel, DevTelecasts (266 subscribers). Click a video to play it here.

DEV IT was covered in SME Corner show on CNBC Awaaz
2.3K views
Pioneering IT Solutions for Tomorrow's Business
1.4K views
TOP Mistakes SMBs Make with Online Safety | Explained By Cybersecurity Expert
690 views
Mr Jaimin Shah shares his views on new IT policies launched by Govt of Gujarat on CNBC Bajar
632 views

More on DevTelecasts.

Board of directors of Dev Information Technology Limited (Dev IT)

Dev Information Technology Limited is the primary company behind Dev IT. The board of Dev Information Technology Limited currently have 8 directors; the longest-serving is Jaiminbhai Jagdishbhai Shah, appointed in 1997. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Jaiminbhai Jagdishbhai Shah
DIN 00021880
Managing Director23 Dec 199728 yrs 10 moDev Information Technology Limited
Pranav Niranjan Pandya
DIN 00021744
Whole-time director23 Dec 199728 yrs 10 moDev Information Technology Limited
Vishal Vasu
DIN 02460597
Whole-time director01 Jul 201412 yrs 3 moDev Information Technology Limited
Prerak Pradyumna Shah
DIN 02805369
Whole-time director01 Jul 201412 yrs 3 moDev Information Technology Limited
Rama Moondra
DIN 01764539
Director16 Mar 20179 yrs 7 moDev Information Technology Limited
Venkata Rama Subba Rao Velamuri
DIN 06502798
Director16 Mar 20179 yrs 7 moDev Information Technology Limited
Umesh Rateja
DIN 07269459
Director16 Jun 20224 yrs 4 moDev Information Technology Limited
Bhavin Sanjaybhai Bhagat
DIN 06461457
Director20 Dec 20241 yr 10 moDev Information Technology Limited

People of Dev IT

38 people are tracked at Dev IT (6 in leadership, 32 in team); the tracked headcount is 924.

NameRoleGroup
Pranav Pandya
Co-Founder & ChairmanLeadership
Prerak Shah
CEO & DirectorLeadership
Abhijit Yardi
Head - Corporate SalesLeadership
Jaimin Shah
Founder, MD, CEOLeadership
Dipesh J.
Sr. Project Manager Head Of Data AnalyticsLeadership
Jitendra Lokwani
Technical Project Manager /head Of Data & AnalyticsLeadership
Ronak Mathia
Project Lead DeveloperTeam
Vinay Yadav
Project CoordinatorTeam
Yogesh Dave
Business DevelopmentTeam
Preeti Manglani
Business AnalystTeam
Rakshay Chauhan
Senior Business AnalystTeam
Vishal .
Business AnalystTeam
Sunil Raval
Project CoordinatorTeam
Manthan Tanna
Machine Learning EngineerTeam
Maitrik Desai
Project ManagerTeam
Rozy Chittoria
Business AnalystTeam
Kapil Singhal
Sr Project ConsultantTeam
Nirav Bhut
Project LeadTeam
Parth Bhavsar
Project LeadTeam
Piyushkumar Kanpariya
Project LeadTeam

18 more people are available in the full profile.

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Complete people profiles for Dev IT

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

IPO & Listings of Dev IT

Dev IT is a publicly listed company on the NSE with ticker symbol DEVIT in India, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date18 Feb 2022
  • Listed onNSE: DEVIT
  • Listed entityDev Information Technology Ltd
  • Exchange sectorTechnology services
  • ISININE060X01034
  • Share price₹19.41 (-0.21% on the day) · 2026-10-14
  • Market capitalisation₹110 Cr
  • Price to earnings1.5
  • EPS (diluted, trailing year)₹13.38
  • Dividend yield0.52%
  • Volume (last session)47,869

Financials of Dev IT

Exchange-reported figures of Dev Information Technology Limited, the listed company behind Dev IT (NSE: DEVIT).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹190 Cr
+11.0% YoY
EBITDA
₹3.23 Cr
-69.1% YoY
Profit After Tax
₹1.12 Cr
-81.0% YoY
Net Worth
₹109 Cr
+59.3% YoY
Total Assets
₹142 Cr
+58.2% YoY
Total Debt
₹30.61 Cr
+53.2% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue19017116412499.8284.6468.54
Revenue growth+11.0%+4.3%+31.8%+24.4%+17.9%+23.5%-
EBITDA3.2310.4613.776.943.622.312.95
EBITDA margin+1.7%+6.1%+8.4%+5.6%+3.6%+2.7%+4.3%
Profit before tax94.7418.0712.4911.271.950.043.77
Net profit1.125.899.284.630.11(3.81)2.21
Net profit margin+0.6%+3.5%+5.7%+3.7%+0.1%-4.5%+3.2%
EPS (₹)13.256.604.134.060.12(0.58)6.70
Balance sheet
Total assets14289.6473.2748.9542.4744.4644.87
Net worth10968.6255.4541.5532.7932.8933.28
Total debt30.6119.9814.587.309.6311.1110.81
Cash & bank6.231.916.065.1610.6210.656.35
Net working capital66.2852.3443.0727.4525.6125.7725.37
Cash flow
Cash from operations(2.14)(8.87)(0.79)(1.65)5.815.714.89
Cash from investing(0.96)9.31(2.11)(0.65)(2.13)(0.37)(7.42)
Cash from financing7.37(1.94)3.80(4.33)(2.68)(1.24)0.86
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue44.1353.8744.1448.5142.9951.5547.7135.94
Revenue growth (YoY)+2.7%+4.5%-7.5%+35.0%+21.2%---
Other income0.512.130.7294.220.470.230.4412.31
EBITDA3.342.91(6.37)3.153.562.753.00(1.07)
EBITDA margin+7.6%+5.4%-14.4%+6.5%+8.3%+5.3%+6.3%-3.0%
Depreciation0.390.631.080.840.710.790.700.79
Interest0.720.980.540.710.540.580.510.99
Profit before tax2.743.43(7.27)95.822.781.612.239.46
Tax0.63(5.53)0.1623.930.590.480.411.33
Net profit2.118.96(7.43)71.892.191.131.828.13
EPS (₹)0.361.56(1.43)12.750.370.210.321.49
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue16215115712299.0384.3366.13
Revenue growth+7.5%-4.2%+29.0%+23.2%+17.4%+27.5%-
EBITDA1.959.8812.736.255.452.862.43
EBITDA margin+1.2%+6.6%+8.1%+5.1%+5.5%+3.4%+3.7%
Profit before tax93.2218.7311.7010.813.840.273.40
Net profit0.6915.438.768.711.92(0.52)1.94
Net profit margin+0.4%+10.2%+5.6%+7.1%+1.9%-0.6%+2.9%
EPS (₹)13.026.843.903.941.73(0.28)6.21
Balance sheet
Total assets13687.1167.4349.5343.4243.6343.88
Net worth11071.0155.8042.4233.9632.3032.58
Total debt24.5215.6311.587.129.4011.0610.77
Cash & bank4.760.463.573.518.789.996.07
Net working capital63.6249.2039.4627.0526.3425.4524.87
Cash flow
Cash from operations(4.93)(9.27)(0.81)(0.94)4.675.477.60
Cash from investing3.057.00(2.32)(1.21)(2.13)(0.59)(7.38)
Cash from financing6.181.783.23(4.00)(2.72)(1.17)(0.54)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue32.5045.9336.0344.5435.4845.9742.4532.02
Revenue growth (YoY)-8.4%-0.1%-15.1%+39.1%+17.5%---
Other income0.302.230.4792.890.210.220.4011.82
Total expenses30.3144.0941.7541.7832.4144.0839.1332.29
EBITDA2.191.84(5.72)2.763.071.893.32(0.27)
EBITDA margin+6.7%+4.0%-15.9%+6.2%+8.7%+4.1%+7.8%-0.8%
Depreciation0.150.660.670.520.460.500.570.57
Interest0.600.780.450.580.420.430.420.38
Profit before tax1.742.63(6.37)94.552.401.182.7310.60
Tax0.44(5.64)0.1123.870.640.300.641.47

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 24 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue44.1353.8744.1448.5142.9951.5547.7135.94
Revenue growth (YoY)+2.7%+4.5%-7.5%+35.0%+21.2%---
Other income0.512.130.7294.220.470.230.4412.31
EBITDA3.342.91(6.37)3.153.562.753.00(1.07)
EBITDA margin+7.6%+5.4%-14.4%+6.5%+8.3%+5.3%+6.3%-3.0%
Depreciation0.390.631.080.840.710.790.700.79
Interest0.720.980.540.710.540.580.510.99
Profit before tax2.743.43(7.27)95.822.781.612.239.46
Tax0.63(5.53)0.1623.930.590.480.411.33
Net profit2.118.96(7.43)71.892.191.131.828.13
EPS (₹)0.361.56(1.43)12.750.370.210.321.49
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue19017116412499.8284.6468.54
Revenue growth+11.0%+4.3%+31.8%+24.4%+17.9%+23.5%-
Other income97.5413.251.546.971.090.934.27
Total expenses18616015011796.2082.3365.59
Employee cost0.0085.3172.2551.2844.7834.5532.02
EBITDA3.2310.4613.776.943.622.312.95
EBITDA margin+1.7%+6.1%+8.4%+5.6%+3.6%+2.7%+4.3%
Depreciation3.273.041.401.251.822.132.04
Interest2.762.601.421.390.941.071.41
Profit before tax94.7418.0712.4911.271.950.043.77
Tax19.163.303.022.242.040.43(0.02)
Net profit1.125.899.284.630.11(3.81)2.21
Net profit margin+0.6%+3.5%+5.7%+3.7%+0.1%-4.5%+3.2%
EPS (₹)13.256.604.134.060.12(0.58)6.70
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital11.2711.2711.2411.0611.045.525.52
Reserves & surplus98.0757.3544.2130.4921.7527.3727.76
Shareholders' funds (net worth)10968.6255.4541.5532.7932.8933.28
Minority interest(0.04)0.142.830.06(0.01)0.200.25
Secured loans16.5516.5511.996.808.979.8910.32
Unsecured loans14.063.432.590.500.661.220.49
Total debt30.6119.9814.587.309.6311.1110.81
Total liabilities14289.6473.2748.9542.4744.4644.87
Assets
Gross block42.3142.7835.2528.4322.8321.6921.02
Net block22.7422.9021.9814.259.8610.4911.88
Capital work in progress4.133.823.261.140.870.220.18
Investments47.983.643.483.192.984.015.05
Inventories6.467.316.344.984.688.615.70
Sundry debtors90.9574.5151.3035.0031.0821.8621.63
Cash & bank balances6.231.916.065.1610.6210.656.35
Loans & advances4.241.071.351.002.832.314.89
Total current assets10884.8065.0546.1449.2143.4338.57
Total current liabilities41.6032.4621.9818.6923.6017.6613.20
Net working capital66.2852.3443.0727.4525.6125.7725.37
Total assets14289.6473.2748.9542.4744.4644.87
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash1.903.402.509.127.843.745.41
Net cash from operating activities(2.14)(8.87)(0.79)(1.65)5.815.714.89
Net cash from investing activities(0.96)9.31(2.11)(0.65)(2.13)(0.37)(7.42)
Net cash from financing activities7.37(1.94)3.80(4.33)(2.68)(1.24)0.86
Net change in cash4.27(1.50)0.90(6.63)0.994.09(1.67)
Closing cash6.231.916.065.1610.6210.656.35
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+11.0%+4.3%+31.8%+24.4%+17.9%+23.5%-
EBITDA growth-69.1%-24.0%+98.4%+91.7%+56.7%-21.7%-
PBT growth+424.3%+44.7%+10.8%+478.0%+4775.0%-98.9%-44.3%
Net income growth-81.0%-36.5%+100.4%+4109.1%+102.9%-272.4%-
Revenue CAGR (3Y)+15.1%+19.6%+24.6%+21.9%+8.7%+6.7%+2.4%
EBITDA CAGR (3Y)-22.5%+42.4%+81.3%+33.0%-27.6%-35.5%-22.4%
Profitability & leverage
Net income margin+39.9%+8.7%+5.8%+7.3%-0.1%-0.5%+5.5%
Return on capital employed-+11.3%+23.3%+15.2%+6.7%+3.3%+8.3%
Return on net worth-+9.4%+19.6%+12.6%-0.2%-11.7%+7.3%
Debt / equity-0.280.230.230.320.330.35
Long-term debt / equity-0.110.100.060.030.040.09
Interest cover-6,900.0035.0411.4824.4352.22594.44154.95
Efficiency & per share
Fixed asset turnover-4.615.144.844.483.963.23
Inventory turnover-25.0128.9025.7115.0211.8312.04
Debtors turnover-2.713.793.763.773.893.32
EPS (₹)13.256.604.134.060.12(0.58)6.70
Dividend per share (₹)0.100.250.250.250.500.000.50
Book value per share (₹)0.0030.4524.6618.7829.6959.5760.28
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue32.5045.9336.0344.5435.4845.9742.4532.02
Revenue growth (YoY)-8.4%-0.1%-15.1%+39.1%+17.5%---
Other income0.302.230.4792.890.210.220.4011.82
Total expenses30.3144.0941.7541.7832.4144.0839.1332.29
EBITDA2.191.84(5.72)2.763.071.893.32(0.27)
EBITDA margin+6.7%+4.0%-15.9%+6.2%+8.7%+4.1%+7.8%-0.8%
Depreciation0.150.660.670.520.460.500.570.57
Interest0.600.780.450.580.420.430.420.38
Profit before tax1.742.63(6.37)94.552.401.182.7310.60
Tax0.44(5.64)0.1123.870.640.300.641.47
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue16215115712299.0384.3366.13
Revenue growth+7.5%-4.2%+29.0%+23.2%+17.4%+27.5%-
Other income95.8012.691.426.971.030.534.33
Total expenses16014114511693.5881.4763.70
Employee cost0.0074.4669.1050.4844.7034.5031.23
EBITDA1.959.8812.736.255.452.862.43
EBITDA margin+1.2%+6.6%+8.1%+5.1%+5.5%+3.4%+3.7%
Depreciation2.312.201.241.211.812.132.03
Interest2.221.641.211.200.830.991.33
Profit before tax93.2218.7311.7010.813.840.273.40
Tax18.983.312.942.101.920.43(0.01)
Net profit0.6915.438.768.711.92(0.52)1.94
Net profit margin+0.4%+10.2%+5.6%+7.1%+1.9%-0.6%+2.9%
EPS (₹)13.026.843.903.941.73(0.28)6.21
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital11.2711.2711.2411.0611.045.525.52
Reserves & surplus99.0459.7444.5631.3622.9226.7827.06
Shareholders' funds (net worth)11071.0155.8042.4233.9632.3032.58
Secured loans15.3415.1210.746.628.799.891.86
Unsecured loans9.180.510.840.500.611.178.91
Total debt24.5215.6311.587.129.4011.0610.77
Total liabilities13687.1167.4349.5343.4243.6343.88
Assets
Gross block20.1823.8721.6323.3822.5221.6721.00
Net block8.7911.5511.359.299.5610.4711.86
Capital work in progress0.001.311.051.140.870.220.18
Investments63.6418.8814.619.424.214.065.09
Inventories6.167.196.344.984.688.615.70
Sundry debtors82.8770.7350.1736.3233.7123.8023.03
Cash & bank balances4.760.463.573.518.789.996.07
Loans & advances3.430.630.450.462.491.714.29
Total current assets97.2279.0160.5345.2749.6644.1139.09
Total current liabilities33.6029.8121.0718.2223.3218.6614.22
Net working capital63.6249.2039.4627.0526.3425.4524.87
Total assets13687.1167.4349.5343.4243.6343.88
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.460.950.847.007.173.463.78
Net cash from operating activities(4.93)(9.27)(0.81)(0.94)4.675.477.60
Net cash from investing activities3.057.00(2.32)(1.21)(2.13)(0.59)(7.38)
Net cash from financing activities6.181.783.23(4.00)(2.72)(1.17)(0.54)
Net change in cash4.30(0.49)0.10(6.15)(0.17)3.71(0.32)
Closing cash4.760.463.573.518.789.996.07
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+7.5%-4.2%+29.0%+23.2%+17.4%+27.5%-
EBITDA growth-80.3%-22.4%+103.7%+14.7%+90.6%+17.7%-
PBT growth+397.7%+60.1%+8.2%+181.5%+1322.2%-92.1%-47.8%
Net income growth-95.5%+76.1%+0.6%+353.7%+469.2%-126.8%-
Revenue CAGR (3Y)+9.9%+15.0%+23.1%+22.6%+11.7%+8.0%+5.4%
EBITDA CAGR (3Y)-32.2%+21.9%+64.5%+37.0%-8.1%-25.2%-27.2%
Profitability & leverage
Net income margin+45.8%+10.2%+5.6%+7.1%+1.9%-0.2%+5.2%
Return on capital employed-+26.4%+22.1%+25.9%+10.7%+3.7%+7.5%
Return on net worth-+24.3%+17.9%+22.8%+5.8%-1.6%+6.3%
Debt / equity-0.210.190.220.310.340.33
Long-term debt / equity-0.070.080.050.030.050.07
Interest cover-616.6721.3510.5323.8122.80135.62332.50
Efficiency & per share
Fixed asset turnover-6.626.995.314.483.953.36
Inventory turnover-22.2727.7925.2514.9011.7911.61
Debtors turnover-2.493.643.483.443.602.98
EPS (₹)13.026.843.903.941.73(0.28)6.21
Dividend per share (₹)0.100.250.250.250.500.000.50
Book value per share (₹)0.0031.5124.8219.1830.7658.5059.02

Investments & Acquisitions by Dev IT

Dev IT has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Dhyey Consulting and Minddeft.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Dhyey Consulting
ERP and CRM development services are provided by Dhyey Consulting.
dhyey.comVadodara, India2010Dec 2023••••
Minddeft
Blockchain development services are provided by Minddeft globally.
minddeft.comAhmedabad, India2015Dec 2022••••
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Complete acquisition details for Dev IT

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Timeline of Dev IT

4 dated milestones of Dev IT across 26 years, from founding to its latest funding, stage changes and deals.

  1. Founded Dev IT is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Acquisition Acquires Minddeft.
  4. Acquisition Acquires Dhyey Consulting.

Competitors of Dev IT

Dev IT has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
Happiest Minds
happiestminds.com2011Bengaluru, India$64.83M4,517
IT outsourcing services are delivered across multiple business lines.
Datamatics
datamatics.com1975Mumbai, India$3M5,875
Cloud-based text analytics and cognitive automation services are provided.
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Detailed competitors of Dev IT

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Web traffic of Dev IT

The website of Dev IT (devitpl.com) receives about 15.5K visits a month.

  • Monthly visits
    15.5K

    ▼ 0.9% vs previous month

Similar websites

Websites whose visitors overlap most with Dev IT. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
Verbat
verbat.com
100%
11.9K#1,764,399View details
Innefu
innefu.com
94%
15.2K#1,813,284View details
Cimcor
cimcor.com
94%
#1,513,332View details
Softeq
softeq.com
90%
29.3K#938,666View details
Azilen
azilen.com
87%
35.8K#884,567View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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Top companies in Digital Transformation & Automation Services

3 companies that operate in the same segment as Dev IT (Digital Transformation & Automation Services) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Happiest Minds
IT outsourcing services are delivered across multiple business lines.
2011Bengaluru, Karnataka, IndiaUSD 64.83 MUSD 246.74 M5,260
Persistent
IT consulting, data analytics, and digital transformation services are provided.
1990Pune, Maharashtra, IndiaUSD 18.8 MUSD 1.57 B24,590
EMudhra
Provider of digital signature certificates, PKI, and e-signature solutions
2008Bengaluru, Karnataka, IndiaUSD 26.23 MUSD 74.82 M851
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Related news about Dev It

Dev Information Technology Ltd Gets Order Worth 51.5 Million Rupees
Reuters • 2 months ago
Dev Information Technology secures NICSI project worth Rs 5 cr | Capital Market News - Business Standard
Business Standard • 2 months ago
Dev Information Technology Ltd- Gets Order Worth 53.3 Million Rupees
Reuters • 2 months ago
Dev Information Technology secures order worth Rs 5.33 cr | Capital Market News - Business Standard
Business Standard • 2 months ago
Delta Manufacturing Ltd leads gainers in 'B' group | Capital Market News - Business Standard
Business Standard • 2 months ago
Dev Information Technology Got Order Valued About 7.3 Million Rupees
Reuters • 3 months ago
Dev Information Technology Gets Order Worth 27.9 Million Rupees
Reuters • 3 months ago
Dev Information Technology Enters Strategic Business Agreement With Xduce Technologies
Reuters • 3 months ago
Dev Information Technology Receives Order For 796.3 Million Rupees
Reuters • 5 months ago
DEV Information Technology Says Receives Order For About 27.9 Million Rupees
Reuters • 5 months ago
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Frequently Asked Questions about Dev IT

Dev IT was founded in 1997.

Dev IT is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

Prerak Shah is the CEO of Dev IT, as recorded in our data.

Dev IT has 924 employees.

The primary company behind Dev IT, Dev Information Technology Limited, reported revenue of ₹287 Cr for FY 2026, up 11% year on year.

Dev IT was established in 1997 and is based in Ahmedabad, India. Operations in the IT sector encompass digital transformation, managed services, cloud solutions, and additional technology offerings. The company is led by co-founder Pranav Pandya as Chairman and Prerak Shah as CEO and Director. Services are delivered to support client infrastructure and digital needs within the Indian market.

Dev IT's top competitors include Happiest Minds and Datamatics.

Yes, Dev IT is publicly traded on NSE under the ticker symbol DEVIT.

Dev IT has made 2 acquisitions, including Dhyey Consulting, and Minddeft.

Dev IT operates through Dev Information Technology Limited.

The legal entities of Dev IT currently have 10 directors, including Rama Moondra, Venkata Rama Subba Rao Velamuri, Jaiminbhai Jagdishbhai Shah and others.

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