About Dev Information Technology Limited
Data last updated: 14 July 2026
Dev Information Technology Limited is a public limited company based in Ahmedabad, Gujarat, India. It specialises in IT consulting and support services, a part of the broader technology and IT services sector. Incorporated on 23 December 1997, the company has been in operation for over 29 years.
Registered with ROC Ahmedabad under CIN L30000GJ1997PLC033479. Listed on BSE: 543462 and NSE: DEVIT.
Capital: an authorised share capital of ₹20 Cr and a paid-up capital of ₹11.27 Cr. Formerly known as Dev Information Technology Private Limited and Dev Infromation Technology Private Limited. It is led by directors including Rama Moondra and Venkata Rama Subba Rao Velamuri.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 14 Aaryans Corporate Park Nr. Shilaj Railway Crossing Thaltej, Ahmedabad, Gujarat, India – 380059.
As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹189.5 Cr, a growth of 11.04% compared to the previous year. The net worth stands at ₹109.3 Cr (up 58.95% YoY). Total assets are valued at ₹188.9 Cr (up 54.71% YoY).
The company has a workforce of approximately 353 employees as per the latest available data. Its group structure includes 2 subsidiaries.
The company is associated with 3 brands - Bytesigner, Talligence, Dev It. As per MCA filings, the company has open charges of ₹58.85 Cr and satisfied charges of ₹1.42 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devitpl.com.
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EmailLocked
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Website
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Registered Address14 Aaryans Corporate Park Nr. Shilaj Railway Crossing Thaltej, Ahmedabad, Gujarat, India – 380059
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IndustryInformation Technology, IT Consulting & Support Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Dev Information Technology Limited
Dev Information Technology Limited has undergone 2 name changes throughout its history. The company was previously known as Dev Information Technology Private Limited, and Dev Infromation Technology Private Limited. The current legal name is Dev Information Technology Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Dev Information Technology Limited | Current |
| Dev Information Technology Private Limited | Previous |
| Dev Infromation Technology Private Limited | Previous |
CIN History of Dev Information Technology Limited
Dev Information Technology Limited has one previous CIN (Corporate Identification Number): U30000GJ1997PLC033479. The current CIN is L30000GJ1997PLC033479, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L30000GJ1997PLC033479 | Current |
| U30000GJ1997PLC033479 | Previous |
Associated Brands with Dev Information Technology Limited
Dev Information Technology Limited operates multiple associated brands including ByteSIGNER, Talligence, and Dev IT. These brands represent Dev Information Technology Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Provides software for bulk digital PDF signing and document management for organizations. | bytesigner.in | |
| AI-driven analytics tool for extracting insights from accounting software like Tally. | talligence.in | |
| Digital transformation, IT managed, and cloud services are provided. | devitpl.com |
Competitors & Alternatives of Dev Information Technology Limited
Brands and companies operating in the same space as Dev Information Technology Limited include Adobe, Box, DocuSign and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Adobe
|
AI-powered platform manages marketing creatives and customer journeys. | San Jose, United States, United States | 1982 |
Box
|
AI-based platform for secure collaboration and content management is utilized. | Redwood City, United States, United States | 2005 |
DocuSign
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Cloud and AI-based electronic signatures and contract management are provided. | San Francisco, United States, United States | 2003 |
Happiest Minds
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IT outsourcing services are delivered across multiple business lines. | Bengaluru, India, India | 2011 |
Mavenir
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Multi-access edge networking computing platform is provided for mobile services. | Richardson, United States, United States | 2005 |
1&1 IONOS
|
Cloud infrastructure and hosting services are provided by 1&1 IONOS. | Chesterbrook, United States, United States | 1988 |
Acquia
|
AI powered digital experience and customer data management platform | Boston, United States, United States | 2007 |
Datamatics
|
Cloud-based text analytics and cognitive automation services are provided. | Mumbai, India, India | 1975 |
Genpact
|
Provider of end-to-end business process outsourcing services | New York, United States, United States | 1997 |
Conga
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Contract lifecycle management is facilitated via a cloud-based platform. | Broomfield, United States, United States | 2006 |
Business Activity of Dev Information Technology Limited
Dev Information Technology Limited is engaged in principal business activities including trade and information and communication, with detailed activities including retail trading, computer programming, consultancy and related activities. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details for Dev Information Technology Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Dev Information Technology Limited
Dev Information Technology Limited is audited by Ms. Rinkesh Shah & Co. (ICAI peer reviewed, certificate valid till 2027-07-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Ms. Rinkesh Shah & Co. (ICAI peer reviewed, certificate valid till 2027-07-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Dev Information Technology Limited
Dev Information Technology Limited is currently managed by 8 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rama Moondra | Director | 16 Mar 2017 | 9 Years 4 Months | Current |
| Venkata Rama Subba Rao Velamuri | Director | 16 Mar 2017 | 9 Years 4 Months | Current |
| Pranav Niranjan Pandya | Whole-Time Director | 23 Dec 1997 | 28 Years 7 Months | Current |
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Jaiminbhai Jagdishbhai Shah
Also directs:
Unicred Technologies Private Limited, Minddefft Technologies Private Limited, Gujarat Apollo Industries Limited and 5 more
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Managing Director | 23 Dec 1997 | 28 Years 7 Months | Current |
|
Vishal Vasu
Also directs:
Unicred Technologies Private Limited, Minddefft Technologies Private Limited, Mas Financial Services Limited and 1 more
|
Whole-Time Director | 01 Jul 2014 | 12 Years 0 Months | Current |
| Prerak Pradyumna Shah | Whole-Time Director | 01 Jul 2014 | 12 Years 0 Months | Current |
Financials of Dev Information Technology Limited FY 2026 filings available
Dev Information Technology Limited reported revenue of ₹189.5 Cr (up 11.04% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Revenue from Operations | ₹189.5 Cr | ₹170.66 Cr | ₹163.58 Cr | ₹124.16 Cr | ₹99.82 Cr |
| Other Income | ₹4 Cr | ₹13.25 Cr | ₹1.54 Cr | ₹6.97 Cr | ₹1.09 Cr |
| Total Income | ₹193.5 Cr | ₹183.91 Cr | ₹165.12 Cr | ₹131.12 Cr | ₹100.91 Cr |
| Cost of Materials Consumed | ₹83.85 Cr | ₹67.21 Cr | ₹72.03 Cr | ₹61.01 Cr | ₹40.34 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹33.85 Lakh | ₹0 | ₹0 |
| Changes in Inventories | ₹84.47 Lakh | -₹96.96 Lakh | -₹1.35 Cr | -₹30.5 Lakh | ₹3.93 Cr |
| Employee Benefit Expense | ₹88.89 Cr | ₹85.31 Cr | ₹72.25 Cr | ₹51.28 Cr | ₹44.78 Cr |
| Finance Costs | ₹2.76 Cr | ₹2.6 Cr | ₹1.42 Cr | ₹1.39 Cr | ₹93.62 Lakh |
| Depreciation & Amortisation | ₹3.27 Cr | ₹3.04 Cr | ₹1.4 Cr | ₹1.25 Cr | ₹1.82 Cr |
| Other Expenses | ₹12.68 Cr | ₹8.65 Cr | ₹6.55 Cr | ₹5.24 Cr | ₹5.96 Cr |
| Total Expenses | ₹192.3 Cr | ₹165.83 Cr | ₹152.62 Cr | ₹119.87 Cr | ₹97.76 Cr |
| Profit Before Exceptional Items & Tax | ₹1.2 Cr | ₹18.08 Cr | ₹12.49 Cr | ₹11.26 Cr | ₹3.15 Cr |
| Exceptional Items | ₹93.55 Cr | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹94.75 Cr | ₹18.08 Cr | ₹12.49 Cr | ₹11.26 Cr | ₹3.15 Cr |
| Total Tax Expense | ₹19.15 Cr | ₹3.3 Cr | ₹3.02 Cr | ₹2.33 Cr | ₹2.04 Cr |
| Net Profit | ₹75.6 Cr | ₹14.78 Cr | ₹9.48 Cr | ₹9.02 Cr | -₹7.09 Lakh |
| attributable to Owners | ₹75.78 Cr | ₹14.87 Cr | ₹9.29 Cr | ₹8.97 Cr | - |
| attributable to NCI | -₹18.36 Lakh | -₹9.32 Lakh | ₹18.78 Lakh | ₹4.63 Lakh | -₹20.49 Lakh |
| Other Comprehensive Income | -₹36.71 Cr | -₹5.8 Lakh | -₹13.84 Lakh | ₹39,000 | ₹3.73 Lakh |
| Total Comprehensive Income | ₹38.88 Cr | ₹14.72 Cr | ₹9.34 Cr | ₹9.02 Cr | -₹3.36 Lakh |
| EBITDA (computed) | ₹7.23 Cr | ₹23.72 Cr | ₹15.31 Cr | ₹13.89 Cr | ₹5.91 Cr |
| Basic EPS | ₹13.42 | ₹6.61 | ₹4.19 | ₹4.08 | ₹-0.06 |
| Diluted EPS | ₹13.25 | ₹6.60 | ₹4.18 | ₹4.06 | ₹0.06 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹188.9 Cr | ₹122.1 Cr | ₹95.49 Cr | ₹67.74 Cr |
| Non-current Assets | ₹81.01 Cr | ₹37.3 Cr | ₹30.44 Cr | ₹21.59 Cr |
| Current Assets | ₹107.89 Cr | ₹84.8 Cr | ₹65.05 Cr | ₹46.15 Cr |
| Property, Plant & Equipment | ₹11.59 Cr | ₹11.81 Cr | ₹11.54 Cr | ₹8.32 Cr |
| Inventories | ₹6.46 Cr | ₹7.31 Cr | ₹0 | ₹4.98 Cr |
| Trade Receivables | ₹90.95 Cr | ₹74.51 Cr | ₹51.3 Cr | ₹35 Cr |
| Cash & Equivalents | ₹6.18 Cr | ₹1.9 Cr | ₹3.4 Cr | ₹2.5 Cr |
| Equity (Net Worth) | ₹109.3 Cr | ₹68.76 Cr | ₹58.28 Cr | ₹41.61 Cr |
| Equity Share Capital | ₹11.27 Cr | ₹11.27 Cr | ₹11.24 Cr | ₹11.06 Cr |
| Borrowings (Non-current) | ₹10.7 Cr | ₹6.56 Cr | ₹4.04 Cr | ₹3.65 Cr |
| Borrowings (Current) | ₹18.42 Cr | ₹11.8 Cr | ₹8.79 Cr | ₹3.55 Cr |
| Total Debt (computed) | ₹29.12 Cr | ₹18.36 Cr | ₹12.83 Cr | ₹7.2 Cr |
| Current Liabilities | ₹60.18 Cr | ₹44.5 Cr | ₹31.01 Cr | ₹22.24 Cr |
| Total Liabilities | ₹79.6 Cr | ₹53.33 Cr | ₹37.2 Cr | ₹26.13 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹2.14 Cr | -₹8.87 Cr | -₹79.22 Lakh | -₹1.65 Cr | ₹4.77 Cr |
| Investing Cash Flow | -₹96.34 Lakh | ₹9.31 Cr | -₹2.11 Cr | -₹64.86 Lakh | -₹1.09 Cr |
| Financing Cash Flow | ₹7.37 Cr | -₹1.94 Cr | ₹3.8 Cr | -₹4.33 Cr | -₹2.68 Cr |
| Capital Expenditure | ₹14.31 Cr | ₹4.55 Cr | ₹1.99 Cr | ₹1.28 Cr | ₹1.54 Cr |
| Free Cash Flow (computed) | -₹16.45 Cr | -₹13.43 Cr | -₹2.78 Cr | -₹2.93 Cr | ₹3.23 Cr |
| Dividends Paid | ₹56.34 Lakh | ₹1.12 Cr | ₹55.34 Lakh | ₹55.21 Lakh | ₹27.6 Lakh |
| Net Change in Cash | ₹4.27 Cr | -₹1.5 Cr | ₹90.37 Lakh | -₹6.63 Cr | ₹99.5 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹53.87 Cr | ₹44.14 Cr | ₹48.51 Cr | ₹42.99 Cr | ₹51.55 Cr | ₹47.71 Cr | ₹35.94 Cr | ₹35.46 Cr | ₹43.44 Cr | ₹31.74 Cr | ₹27.95 Cr | ₹60.46 Cr |
| Other Income | ₹2.13 Cr | ₹71.7 Lakh | ₹67.31 Lakh | ₹47.39 Lakh | ₹23.07 Lakh | ₹43.85 Lakh | ₹12.31 Cr | ₹26.99 Lakh | ₹53.27 Lakh | ₹23.46 Lakh | ₹55.58 Lakh | ₹21.7 Lakh |
| Total Income | ₹56 Cr | ₹44.86 Cr | ₹49.18 Cr | ₹43.46 Cr | ₹51.78 Cr | ₹48.15 Cr | ₹48.24 Cr | ₹35.73 Cr | ₹43.97 Cr | ₹31.97 Cr | ₹28.5 Cr | ₹60.67 Cr |
| Cost of Materials Consumed | ₹20.61 Cr | ₹21.97 Cr | ₹24.35 Cr | ₹16.93 Cr | ₹26.85 Cr | ₹21.36 Cr | ₹7.96 Cr | ₹11.03 Cr | ₹17.21 Cr | ₹9.98 Cr | ₹5.9 Cr | ₹38.93 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹33.85 Lakh | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹8.46 Lakh | ₹76.37 Lakh | ₹16.63 Lakh | -₹16.99 Lakh | -₹1.72 Cr | ₹3.15 Lakh | ₹4.99 Cr | -₹4.27 Cr | -₹1.24 Cr | -₹8.21 Lakh | ₹3.32 Lakh | -₹6.49 Lakh |
| Employee Benefit Expense | ₹25.13 Cr | ₹24.52 Cr | ₹18.82 Cr | ₹20.42 Cr | ₹20.88 Cr | ₹21.15 Cr | ₹22.07 Cr | ₹21.2 Cr | ₹19.26 Cr | ₹17.69 Cr | ₹18.42 Cr | ₹16.88 Cr |
| Finance Costs | ₹97.93 Lakh | ₹53.56 Lakh | ₹71.02 Lakh | ₹53.68 Lakh | ₹58.03 Lakh | ₹51.36 Lakh | ₹98.62 Lakh | ₹51.9 Lakh | ₹40.07 Lakh | ₹32.62 Lakh | ₹35.03 Lakh | ₹34.04 Lakh |
| Depreciation & Amortisation | ₹63.31 Lakh | ₹1.08 Cr | ₹84.06 Lakh | ₹71.3 Lakh | ₹78.97 Lakh | ₹70.32 Lakh | ₹79.45 Lakh | ₹75.2 Lakh | ₹49.45 Lakh | ₹33.23 Lakh | ₹30.2 Lakh | ₹27.1 Lakh |
| Other Expenses | ₹5.14 Cr | ₹3.26 Cr | ₹2.03 Cr | ₹2.25 Cr | ₹2.78 Cr | ₹2.17 Cr | ₹2 Cr | ₹1.71 Cr | ₹1.66 Cr | ₹1.71 Cr | ₹1.54 Cr | ₹1.64 Cr |
| Total Expenses | ₹52.58 Cr | ₹52.13 Cr | ₹46.92 Cr | ₹40.68 Cr | ₹50.17 Cr | ₹45.93 Cr | ₹38.79 Cr | ₹30.94 Cr | ₹38.13 Cr | ₹29.95 Cr | ₹26.54 Cr | ₹58 Cr |
| Profit Before Exceptional Items & Tax | ₹3.42 Cr | -₹7.27 Cr | ₹2.26 Cr | ₹2.78 Cr | ₹1.62 Cr | ₹2.22 Cr | ₹9.45 Cr | ₹4.79 Cr | ₹5.84 Cr | ₹2.02 Cr | ₹1.96 Cr | ₹2.68 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹93.55 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹3.42 Cr | -₹7.27 Cr | ₹95.81 Cr | ₹2.78 Cr | ₹1.62 Cr | ₹2.22 Cr | ₹9.45 Cr | ₹4.79 Cr | ₹5.84 Cr | ₹2.02 Cr | ₹1.96 Cr | ₹2.68 Cr |
| Total Tax Expense | -₹5.53 Cr | ₹15.17 Lakh | ₹23.93 Cr | ₹59.86 Lakh | ₹48.35 Lakh | ₹40.71 Lakh | ₹1.34 Cr | ₹1.07 Cr | ₹1.56 Cr | ₹30.69 Lakh | ₹30.86 Lakh | ₹84.68 Lakh |
| Net Profit | ₹8.96 Cr | -₹7.42 Cr | ₹71.88 Cr | ₹2.18 Cr | ₹1.13 Cr | ₹1.82 Cr | ₹8.11 Cr | ₹3.72 Cr | ₹4.28 Cr | ₹1.71 Cr | ₹1.65 Cr | ₹1.83 Cr |
| attributable to Owners | ₹9.09 Cr | -₹7.27 Cr | ₹71.85 Cr | ₹2.11 Cr | ₹1.22 Cr | ₹1.73 Cr | ₹8.39 Cr | ₹3.53 Cr | ₹4.14 Cr | ₹1.7 Cr | ₹1.64 Cr | ₹1.81 Cr |
| attributable to NCI | -₹13.05 Lakh | -₹15.29 Lakh | ₹2.54 Lakh | ₹7.44 Lakh | -₹9.02 Lakh | ₹8.99 Lakh | -₹27.59 Lakh | ₹18.3 Lakh | ₹14.22 Lakh | ₹1.29 Lakh | ₹1.72 Lakh | ₹1.55 Lakh |
| Other Comprehensive Income | -₹11.88 Cr | -₹11.49 Cr | -₹13.38 Cr | ₹3.12 Lakh | ₹5.65 Lakh | -₹4.84 Lakh | -₹4.25 Lakh | -₹2.36 Lakh | -₹13.23 Lakh | ₹20,000 | -₹40,000 | -₹68,000 |
| Total Comprehensive Income | -₹2.92 Cr | -₹18.91 Cr | ₹58.5 Cr | ₹2.21 Cr | ₹1.19 Cr | ₹1.77 Cr | ₹8.07 Cr | ₹3.69 Cr | ₹4.15 Cr | ₹1.71 Cr | ₹1.65 Cr | ₹1.82 Cr |
| EBITDA (computed) | ₹5.04 Cr | -₹5.65 Cr | ₹3.82 Cr | ₹4.03 Cr | ₹2.99 Cr | ₹3.44 Cr | ₹11.23 Cr | ₹6.06 Cr | ₹6.73 Cr | ₹2.68 Cr | ₹2.61 Cr | ₹3.29 Cr |
| Basic EPS | ₹1.59 | ₹-1.30 | ₹12.75 | ₹0.94 | ₹0.54 | ₹0.77 | ₹3.74 | ₹1.56 | ₹1.86 | ₹0.77 | ₹0.74 | ₹1.66 |
| Diluted EPS | ₹1.56 | ₹-1.43 | ₹12.75 | ₹0.93 | ₹0.53 | ₹0.79 | ₹3.73 | ₹1.55 | ₹1.86 | ₹0.77 | ₹0.73 | ₹1.66 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Revenue from Operations | ₹161.98 Cr | ₹150.63 Cr | ₹157.28 Cr | ₹121.97 Cr | ₹99.03 Cr |
| Other Income | ₹3.44 Cr | ₹12.69 Cr | ₹1.42 Cr | ₹6.97 Cr | ₹1.03 Cr |
| Total Income | ₹165.42 Cr | ₹163.32 Cr | ₹158.7 Cr | ₹128.94 Cr | ₹100.06 Cr |
| Cost of Materials Consumed | ₹73.07 Cr | ₹61.57 Cr | ₹71.96 Cr | ₹61.03 Cr | ₹40.25 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹1.03 Cr | -₹85.02 Lakh | -₹1.35 Cr | -₹30.5 Lakh | ₹3.93 Cr |
| Employee Benefit Expense | ₹78.06 Cr | ₹74.46 Cr | ₹69.1 Cr | ₹50.48 Cr | ₹44.7 Cr |
| Finance Costs | ₹2.22 Cr | ₹1.64 Cr | ₹1.21 Cr | ₹1.2 Cr | ₹82.82 Lakh |
| Depreciation & Amortisation | ₹2.31 Cr | ₹2.2 Cr | ₹1.24 Cr | ₹1.21 Cr | ₹1.81 Cr |
| Other Expenses | ₹7.88 Cr | ₹5.56 Cr | ₹4.84 Cr | ₹4.5 Cr | ₹4.7 Cr |
| Total Expenses | ₹164.56 Cr | ₹144.59 Cr | ₹146.98 Cr | ₹118.12 Cr | ₹96.23 Cr |
| Profit Before Exceptional Items & Tax | ₹86.24 Lakh | ₹18.73 Cr | ₹11.72 Cr | ₹10.82 Cr | ₹3.83 Cr |
| Exceptional Items | ₹92.36 Cr | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹93.22 Cr | ₹18.73 Cr | ₹11.72 Cr | ₹10.82 Cr | ₹3.83 Cr |
| Total Tax Expense | ₹18.98 Cr | ₹3.31 Cr | ₹2.95 Cr | ₹2.1 Cr | ₹1.91 Cr |
| Net Profit | ₹74.24 Cr | ₹15.42 Cr | ₹8.77 Cr | ₹8.72 Cr | ₹1.92 Cr |
| Other Comprehensive Income | -₹36.59 Cr | -₹8.62 Lakh | -₹7.4 Lakh | ₹39,000 | ₹3.73 Lakh |
| Total Comprehensive Income | ₹37.65 Cr | ₹15.33 Cr | ₹8.7 Cr | ₹8.73 Cr | ₹1.95 Cr |
| EBITDA (computed) | ₹5.39 Cr | ₹22.58 Cr | ₹14.17 Cr | ₹13.23 Cr | ₹6.47 Cr |
| Basic EPS | ₹13.18 | ₹6.85 | ₹3.96 | ₹3.95 | ₹1.73 |
| Diluted EPS | ₹13.02 | ₹6.84 | ₹3.94 | ₹3.93 | ₹1.73 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹175.05 Cr | ₹116.92 Cr | ₹88.72 Cr | ₹67.87 Cr |
| Non-current Assets | ₹77.84 Cr | ₹37.93 Cr | ₹28.19 Cr | ₹22.43 Cr |
| Current Assets | ₹97.22 Cr | ₹79 Cr | ₹60.53 Cr | ₹45.44 Cr |
| Property, Plant & Equipment | ₹8.63 Cr | ₹8.18 Cr | ₹8.87 Cr | ₹7.84 Cr |
| Inventories | ₹6.16 Cr | ₹7.19 Cr | ₹0 | ₹4.98 Cr |
| Trade Receivables | ₹82.87 Cr | ₹70.73 Cr | ₹50.17 Cr | ₹36.32 Cr |
| Cash & Equivalents | ₹4.76 Cr | ₹45.54 Lakh | ₹94.64 Lakh | ₹84.41 Lakh |
| Equity (Net Worth) | ₹110.32 Cr | ₹71.01 Cr | ₹55.81 Cr | ₹42.41 Cr |
| Equity Share Capital | ₹11.27 Cr | ₹11.27 Cr | ₹11.24 Cr | ₹11.06 Cr |
| Borrowings (Non-current) | ₹10.47 Cr | ₹5.5 Cr | ₹3.86 Cr | ₹3.47 Cr |
| Borrowings (Current) | ₹14.05 Cr | ₹10.13 Cr | ₹7.72 Cr | ₹3.55 Cr |
| Total Debt (computed) | ₹24.53 Cr | ₹15.63 Cr | ₹11.58 Cr | ₹7.02 Cr |
| Current Liabilities | ₹47.66 Cr | ₹39.94 Cr | ₹28.78 Cr | ₹21.78 Cr |
| Total Liabilities | ₹64.74 Cr | ₹45.92 Cr | ₹32.91 Cr | ₹25.45 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹4.93 Cr | -₹9.27 Cr | -₹80.59 Lakh | -₹1.35 Cr | ₹3.64 Cr |
| Investing Cash Flow | ₹3.05 Cr | ₹7 Cr | -₹2.32 Cr | -₹80.34 Lakh | -₹1.09 Cr |
| Financing Cash Flow | ₹6.18 Cr | ₹1.78 Cr | ₹3.23 Cr | -₹4 Cr | -₹2.72 Cr |
| Capital Expenditure | ₹9.12 Cr | ₹2.67 Cr | ₹2.26 Cr | ₹1.14 Cr | ₹1.54 Cr |
| Free Cash Flow (computed) | -₹14.06 Cr | -₹11.93 Cr | -₹3.07 Cr | -₹2.49 Cr | ₹2.09 Cr |
| Dividends Paid | ₹56.34 Lakh | ₹1.12 Cr | ₹55.34 Lakh | ₹55.21 Lakh | ₹27.6 Lakh |
| Net Change in Cash | ₹4.3 Cr | -₹49.1 Lakh | ₹10.22 Lakh | -₹6.15 Cr | -₹17.38 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹45.93 Cr | ₹36.03 Cr | ₹44.54 Cr | ₹35.48 Cr | ₹45.97 Cr | ₹42.45 Cr | ₹32.02 Cr | ₹30.19 Cr | ₹37.68 Cr | ₹30.72 Cr | ₹30 Cr | ₹58.89 Cr |
| Other Income | ₹2.23 Cr | ₹46.96 Lakh | ₹53.18 Lakh | ₹21.19 Lakh | ₹21.9 Lakh | ₹39.87 Lakh | ₹11.82 Cr | ₹25.21 Lakh | ₹45.57 Lakh | ₹26.03 Lakh | ₹51.45 Lakh | ₹18.47 Lakh |
| Total Income | ₹48.16 Cr | ₹36.5 Cr | ₹45.07 Cr | ₹35.69 Cr | ₹46.18 Cr | ₹42.85 Cr | ₹43.84 Cr | ₹30.45 Cr | ₹38.13 Cr | ₹30.98 Cr | ₹30.51 Cr | ₹59.08 Cr |
| Cost of Materials Consumed | ₹19.04 Cr | ₹17.9 Cr | ₹23.59 Cr | ₹12.54 Cr | ₹25.59 Cr | ₹18.69 Cr | ₹7.24 Cr | ₹10.05 Cr | ₹14.19 Cr | ₹9.86 Cr | ₹8.98 Cr | ₹38.93 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹10.24 Lakh | ₹76.06 Lakh | ₹17.32 Lakh | -₹96,000 | -₹1.6 Cr | ₹3.15 Lakh | ₹4.99 Cr | -₹4.27 Cr | -₹1.24 Cr | -₹8.21 Lakh | ₹3.32 Lakh | -₹6.49 Lakh |
| Employee Benefit Expense | ₹21.1 Cr | ₹21.67 Cr | ₹16.66 Cr | ₹18.64 Cr | ₹18.12 Cr | ₹19.01 Cr | ₹18.93 Cr | ₹18.39 Cr | ₹17.9 Cr | ₹17.41 Cr | ₹17.73 Cr | ₹16.06 Cr |
| Finance Costs | ₹78.25 Lakh | ₹44.75 Lakh | ₹57.63 Lakh | ₹41.5 Lakh | ₹43 Lakh | ₹41.6 Lakh | ₹37.67 Lakh | ₹41.75 Lakh | ₹34.12 Lakh | ₹29.9 Lakh | ₹32.5 Lakh | ₹24.86 Lakh |
| Depreciation & Amortisation | ₹66.42 Lakh | ₹66.53 Lakh | ₹51.53 Lakh | ₹46.07 Lakh | ₹50.2 Lakh | ₹57.19 Lakh | ₹56.63 Lakh | ₹56.28 Lakh | ₹36.18 Lakh | ₹31.78 Lakh | ₹29.27 Lakh | ₹26.3 Lakh |
| Other Expenses | ₹3.85 Cr | ₹1.42 Cr | ₹1.35 Cr | ₹1.25 Cr | ₹1.97 Cr | ₹1.39 Cr | ₹1.13 Cr | ₹1.07 Cr | ₹1.25 Cr | ₹1.21 Cr | ₹1.2 Cr | ₹1.17 Cr |
| Total Expenses | ₹45.54 Cr | ₹42.87 Cr | ₹42.87 Cr | ₹33.29 Cr | ₹45.01 Cr | ₹40.11 Cr | ₹33.23 Cr | ₹26.23 Cr | ₹32.8 Cr | ₹29.01 Cr | ₹28.57 Cr | ₹56.6 Cr |
| Profit Before Exceptional Items & Tax | ₹2.62 Cr | -₹6.36 Cr | ₹2.2 Cr | ₹2.4 Cr | ₹1.17 Cr | ₹2.73 Cr | ₹10.61 Cr | ₹4.21 Cr | ₹5.33 Cr | ₹1.97 Cr | ₹1.94 Cr | ₹2.47 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹92.36 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹2.62 Cr | -₹6.36 Cr | ₹94.56 Cr | ₹2.4 Cr | ₹1.17 Cr | ₹2.73 Cr | ₹10.61 Cr | ₹4.21 Cr | ₹5.33 Cr | ₹1.97 Cr | ₹1.94 Cr | ₹2.47 Cr |
| Total Tax Expense | -₹5.64 Cr | ₹10.8 Lakh | ₹23.87 Cr | ₹64.63 Lakh | ₹30.17 Lakh | ₹63.91 Lakh | ₹1.47 Cr | ₹90.05 Lakh | ₹1.51 Cr | ₹31.36 Lakh | ₹32.12 Lakh | ₹80.42 Lakh |
| Net Profit | ₹8.27 Cr | -₹6.47 Cr | ₹70.69 Cr | ₹1.75 Cr | ₹87.12 Lakh | ₹2.09 Cr | ₹9.14 Cr | ₹3.31 Cr | ₹3.82 Cr | ₹1.65 Cr | ₹1.62 Cr | ₹1.67 Cr |
| Other Comprehensive Income | -₹11.67 Cr | -₹11.5 Cr | -₹13.41 Cr | -₹1.1 Lakh | ₹1.5 Lakh | -₹3.38 Lakh | -₹3.35 Lakh | -₹3.39 Lakh | -₹6.2 Lakh | -₹40,000 | -₹40,000 | -₹68,000 |
| Total Comprehensive Income | -₹3.4 Cr | -₹17.97 Cr | ₹57.28 Cr | ₹1.74 Cr | ₹88.62 Lakh | ₹2.06 Cr | ₹9.11 Cr | ₹3.28 Cr | ₹3.76 Cr | ₹1.65 Cr | ₹1.62 Cr | ₹1.66 Cr |
| EBITDA (computed) | ₹4.07 Cr | -₹5.25 Cr | ₹3.29 Cr | ₹3.27 Cr | ₹2.1 Cr | ₹3.72 Cr | ₹11.56 Cr | ₹5.19 Cr | ₹6.03 Cr | ₹2.58 Cr | ₹2.56 Cr | ₹2.99 Cr |
| Basic EPS | ₹1.47 | ₹-1.15 | ₹12.55 | ₹0.78 | ₹0.38 | ₹0.93 | ₹4.07 | ₹1.47 | ₹1.73 | ₹0.75 | ₹0.73 | ₹0.75 |
| Diluted EPS | ₹1.44 | ₹-1.27 | ₹12.54 | ₹0.78 | ₹0.37 | ₹0.95 | ₹4.06 | ₹1.47 | ₹1.72 | ₹0.75 | ₹0.73 | ₹0.75 |
Shareholding Pattern of Dev Information Technology Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 41.58%, foreign institutional investors hold 0.33%, retail and other public shareholders hold 58.09% of Dev Information Technology Limited. The company had 29,498 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 41.58% | 66.63% | 66.63% | 66.63% | 66.63% | 66.63% |
| Public | 58.42% | 33.37% | 33.37% | 33.37% | 33.37% | 33.37% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Promoters | 41.58% | 66.63% | 70.20% | 67.53% | 69.07% | 69.07% | 69.07% | 68.99% | 68.42% |
| Public | 58.42% | 33.37% | 29.80% | 32.47% | 30.93% | 30.93% | 30.93% | 31.01% | 31.58% |
| Promoter change (YoY, %pts) | -25.05 | -3.57 | +2.67 | -1.54 | +0.00 | +0.00 | +0.08 | +0.57 | - |
Board & Governance of Dev Information Technology Limited
As per the corporate governance filing with NSE for the quarter ended 31-DEC-2025, the board of Dev Information Technology Limited has 8 directors - 4 independent and 4 executive. The board is chaired by PRANAV NIRANJAN PANDYA.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| JAIMINBHAI JAGDISHBHAI SHAH | Executive Director · MD | 1997-12-23 | 4 |
| PRANAV NIRANJAN PANDYA | Executive Director · Chairperson | 1997-12-23 | 1 |
| VISHAL VASU | Executive Director | 2014-07-01 | 2 |
| PRERAK PRADYUMNA SHAH | Executive Director | 2014-07-01 | 1 |
| RAMA MOONDRA | Non-Executive - Independent Director | 2017-03-16 | 1 |
| VENKATA RAMA SUBBA RAO VELAMURI | Non-Executive - Independent Director | 2017-03-16 | 1 |
| UMESH RATEJA | Non-Executive - Independent Director | 2019-12-20 | 1 |
| BHAVIN SANJAYBHAI BHAGAT | Non-Executive - Independent Director | 2024-12-20 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | VENKATA RAMA SUBBA RAO VELAMURI (Chairperson), RAMA MOONDRA, JAIMINBHAI JAGDISHBHAI SHAH, UMESH RATEJA |
| Nomination and remuneration committee | VENKATA RAMA SUBBA RAO VELAMURI (Chairperson), RAMA MOONDRA, UMESH RATEJA |
| Stakeholders Relationship Committee | VENKATA RAMA SUBBA RAO VELAMURI (Chairperson), RAMA MOONDRA, PRANAV NIRANJAN PANDYA |
| Corporate Social Responsibility Committee | PRANAV NIRANJAN PANDYA (Chairperson), VENKATA RAMA SUBBA RAO VELAMURI, JAIMINBHAI JAGDISHBHAI SHAH, PRERAK PRADYUMNA SHAH |
Group Structure of Dev Information Technology Limited
Dev Information Technology Limited has 2 subsidiary companies and 1 associated company. This group structure data is as of FY 2024. The corporate group structure reflects Dev Information Technology Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Dhyey Consulting Services Private Limited | U72200GJ2010PTC060191 | - |
| Minddefft Technologies Private Limited | U72300GJ2015PTC084101 | - |
Showing major subsidiaries. Total: 2.
Charges & Borrowings of Dev Information Technology Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Nov 2025 | Others | ₹9.75 Lakh | Open |
| 29 May 2025 | The Kalupur Commercial Co-Operative Bank Limited | ₹1.38 Cr | Open |
| 08 Aug 2024 | Others | ₹2.5 Cr | Open |
| 01 Mar 2024 | Hdfc Bank Limited | ₹65 Lakh | Open |
| 01 Dec 2023 | The Kalupur Commercial Co-Operative Bank Limited | ₹14.34 Lakh | Open |
Total charge records: 20 View all charges
Employees and EPFO Compliance at Dev Information Technology Limited
Dev Information Technology Limited has a workforce of 353 employees as of Apr 09, 2024.
Employee and EPFO history for Dev Information Technology Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Dev Information Technology Limited
GST registrations and filing compliance for Dev Information Technology Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Dev Information Technology Limited
Credit ratings, litigation, and regulatory alerts for Dev Information Technology Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
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MSME Payment Delays by Dev Information Technology Limited
MSME payment history for Dev Information Technology Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Dev Information Technology Limited
Corporate group structure for Dev Information Technology Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
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MCA Filings & Documents of Dev Information Technology Limited
MCA filings and documents for Dev Information Technology Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
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Recent Activity on Dev Information Technology Limited
Recent News on Dev Information Technology Limited
Frequently Asked Questions about Dev Information Technology Limited
Dev Information Technology Limited is an active public limited company in the information technology sector based in Ahmedabad, Gujarat, India. It was incorporated on 23 December 1997 (29+ years old) and is registered under CIN L30000GJ1997PLC033479. Listed on BSE: 543462 and NSE: DEVIT. The company has 353 employees.
Dev Information Technology Limited reported revenue of ₹189.5 Cr for FY 2026 (up 11.04% YoY) based on consolidated NSE filings.
The current directors of Dev Information Technology Limited are:
- Rama Moondra - Director
- Venkata Rama Subba Rao Velamuri - Director
- Pranav Niranjan Pandya - Whole-Time Director
- Jaiminbhai Jagdishbhai Shah - Managing Director
- Vishal Vasu - Whole-Time Director
- Prerak Pradyumna Shah - Whole-Time Director
- Umesh Rateja - Director
- Bhavin Sanjaybhai Bhagat - Director
The primary industry of Dev Information Technology Limited is information technology. The company specifically operates in IT consulting and support services. The company is currently active in this sector.
Yes. Dev Information Technology Limited is listed on both BSE (code: 543462) and NSE (symbol: DEVIT).
Dev Information Technology Limited can be reached at the registered office: 14 Aaryans Corporate Park Nr. Shilaj Railway Crossing Thaltej, Ahmedabad, Gujarat, India – 380059, or through the website devitpl.com.