Dev Information Technology Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials and compliance.
CIN L30000GJ1997PLC033479 Incorporated 23 December 1997 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Listed - NSE: DEVIT · BSE: 543462 Public Limited Company information technology
Data last updated
Revenue · FY 2026
₹189.5 Cr
▲ 11.04% YoY
EBITDA · FY 2026
₹7.23 Cr
▼ 69.52% YoY
Net profit · FY 2026
₹75.6 Cr
▲ 411.48% YoY
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹11.27 Cr
Issued & subscribed
Open charges
₹58.85 Cr
Satisfied ₹1.42 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
353
Latest available

About Dev Information Technology Limited

Data last updated: 05 January 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 Vishal Vasu and Rama Moondra.

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 the financials filed for FY 2025, the company reported a revenue of ₹183.91 Cr, a growth of 11% compared to the previous year.

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.

Company Details of Dev Information Technology Limited
CIN L30000GJ1997PLC033479
Registration Number 033479
Incorporation Date 23 December 1997
ROC Ahmedabad
Listing Status Listed (BSE: 543462, NSE: DEVIT)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
  • Social Media
  • Registered Address
    14 Aaryans Corporate Park Nr. Shilaj Railway Crossing Thaltej, Ahmedabad, Gujarat, India – 380059
  • Industry
    Information Technology, IT Consulting & Support Services
Company report
Dev Information Technology Limited - full intelligence report
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Financials, compliance, directors, charges, ownership and filings for Dev Information Technology Limited in one report.

10-year financials Directors & ownership Charges & compliance

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 Adobe AI-powered platform manages marketing creatives and customer journeys. San Jose, United States, United States 1982
Box Box AI-based platform for secure collaboration and content management is utilized. Redwood City, United States, United States 2005
DocuSign DocuSign Cloud and AI-based electronic signatures and contract management are provided. San Francisco, United States, United States 2003
Happiest Minds Happiest Minds IT outsourcing services are delivered across multiple business lines. Bengaluru, India, India 2011
Mavenir Mavenir Multi-access edge networking computing platform is provided for mobile services. Richardson, United States, United States 2005
1&1 IONOS 1&1 IONOS Cloud infrastructure and hosting services are provided by 1&1 IONOS. Chesterbrook, United States, United States 1988
Acquia Acquia AI powered digital experience and customer data management platform Boston, United States, United States 2007
Datamatics Datamatics Cloud-based text analytics and cognitive automation services are provided. Mumbai, India, India 1975
Genpact Genpact Provider of end-to-end business process outsourcing services New York, United States, United States 1997
Conga Conga 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 *********
J Information and communication J6 Computer programming, consultancy and related activities *********

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 11 directors, with 7 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Vishal Vasu Whole-Time Director 01 Jul 2014 12 Years 0 Months Current
Rama Moondra Director 16 Mar 2017 9 Years 3 Months Current
Krisa Kairav Shah Company Secretary 01 Mar 2017 9 Years 4 Months Current
Venkata Rama Subba Rao Velamuri Director 16 Mar 2017 9 Years 3 Months Current
Umesh Rateja Director 16 Jun 2022 4 Years 0 Months Current
Jaiminbhai Jagdishbhai Shah Managing Director 23 Dec 1997 28 Years 6 Months Current
Showing 6 of 11 current directors. View all directors

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. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹189.5 Cr ▲ 11.04%
Profit · FY 2026
₹75.6 Cr ▲ 411.48%
EBITDA · FY 2026
₹7.23 Cr ▼ 69.52%
Revenue₹ Cr · Consolidated0100200FY 2022: ₹100 Cr99.8FY 2022FY 2023: ₹124 Cr · +24.4% YoY124+24.4%FY 2023FY 2024: ₹164 Cr · +31.8% YoY164+31.8%FY 2024FY 2025: ₹171 Cr · +4.3% YoY171+4.3%FY 2025FY 2026: ₹190 Cr · +11% YoY190+11%FY 2026
Net Profit₹ Cr · Consolidated-50050100FY 2022: ₹0 Cr (loss)-0.1FY 2022FY 2023: ₹9 Cr · +12823.4% YoY9+12823.4%FY 2023FY 2024: ₹9 Cr · +5% YoY9.5+5%FY 2024FY 2025: ₹15 Cr · +56% YoY14.8+56%FY 2025FY 2026: ₹76 Cr · +411.5% YoY75.6+411.5%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year0204060Q1'25: ₹35 Cr · -41.3% YoY35.5-41.3%Q1'25Q2'25: ₹36 Cr · +28.6% YoY35.9+28.6%Q2'25Q3'25: ₹48 Cr · +50.3% YoY47.7+50.3%Q3'25Q4'25: ₹52 Cr · +18.7% YoY51.6+18.7%Q4'25Q1'26: ₹43 Cr · +21.2% YoY43+21.2%Q1'26Q2'26: ₹49 Cr · +35% YoY48.5+35%Q2'26Q3'26: ₹44 Cr · -7.5% YoY44.1-7.5%Q3'26Q4'26: ₹54 Cr · +4.5% YoY53.9+4.5%Q4'26
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
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
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
Latest 12 quarters shown of 17 on record.
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
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
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
Latest 12 quarters shown of 17 on record.
Want more history and ratios?
You're viewing the latest exchange-filed financials for Dev Information Technology Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
10+ years of history 20+ ratios & benchmarks Downloadable PDF

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.

Promoters: 41.58%FII (Foreign Institutional): 0.33%Retail & Others: 58.09%
Mar 2026
QUARTER
41.58% Promoters
0.33% FII (Foreign Institutional)
58.09% Retail & Others
Promoter holding - history
Now 41.58% · Mar 2026High 71.31% · Dec 2023Low 41.58% · Mar 2026
40%48.3%56.5%64.8%73%Apr 2017Mar 2020Jun 2022Dec 2023Jun 2025Apr 2017: 67.93%Sep 2017: 67.93%Mar 2018: 68.42%Sep 2018: 68.53%Mar 2019: 68.99%Sep 2019: 68.99%Mar 2020: 69.07%Sep 2020: 69.07%Mar 2021: 69.07%Sep 2021: 69.07%Oct 2021: 69.07%Mar 2022: 69.07%Jun 2022: 68.06%Sep 2022: 68.06%Dec 2022: 67.65%Mar 2023: 67.53%Jun 2023: 67.53%Sep 2023: 67.48%Dec 2023: 71.31%Mar 2024: 70.20%Jun 2024: 70.20%Sep 2024: 68.73%Dec 2024: 66.63%Mar 2025: 66.63%Jun 2025: 66.63%Sep 2025: 66.63%Dec 2025: 66.63%Mar 2026: 41.58%71.31%41.58%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters41.58%66.63%66.63%66.63%66.63%66.63%
Public58.42%33.37%33.37%33.37%33.37%33.37%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Promoters41.58%66.63%70.20%67.53%69.07%69.07%69.07%68.99%68.42%
Public58.42%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.

DirectorPositionOn board sinceListed 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
Board Committees
CommitteeMembers
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.

2
Subsidiary companies
1
Associated companies
Key Subsidiaries
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

Open charges
₹58.85 Cr
Satisfied charges
₹1.42 Cr
Breakdown by lending institutions
Others₹48.37 Cr
The Kalupur Commercial Co-Operative Bank Limited₹9.83 Cr
Hdfc Bank Limited₹0.65 Cr
Latest charge details
DateLenderAmountStatus
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 count
353
Active EPFO establishments
1
Employee growth
-5.61%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Dev Information Technology Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Dev Information Technology Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Dev Information Technology Limited

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Dev Information Technology Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Dev Information Technology Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Dev Information Technology Limited

MSME Payment Delays by Dev Information Technology Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Dev Information Technology Limited

Subsidiaries & Group Companies of Dev Information Technology Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Dev Information Technology Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Dev Information Technology Limited

MCA Filings & Documents of Dev Information Technology Limited

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Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Dev Information Technology Limited

Charges
12 Nov 2025
A charge with Others amounted to Rs. 0.10 Cr with Charge ID 101195203 was registered on 12 Nov 2025.
Activity
30 Sep 2025
Dev Information Technology Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
11 Aug 2025
A charge with Others of Rs. 31.27 Cr registered on 15 Jun 2010 with Charge ID 10230870 was modified on 11 Aug 2025.
Charges
08 Aug 2025
A charge with Others of Rs. 2.50 Cr registered on 08 Aug 2024 with Charge ID 100969640 was modified on 08 Aug 2025.
Charges
08 Aug 2025
A charge with Others of Rs. 14.50 Cr registered on 06 Jul 2010 with Charge ID 10230871 was modified on 08 Aug 2025.
Charges
29 May 2025
A charge with The Kalupur Commercial Co-Operative Bank Limited amounted to Rs. 1.38 Cr with Charge ID 101108792 was registered on 29 May 2025.

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 ₹183.91 Cr for FY 2025 (up 11.00% YoY).

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.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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