ALFA Finder| Revenue growth | 42% YoY consolidated revenue growth in FY26. |
|---|---|
| Margins | Standalone EBITDA margin expanded to 60.5% in FY26. |
| Order book | Signed pipeline of 2.26 Mn sq. ft. and 31,737 seats. |
| Demand visibility | High; 90.3% occupancy and 65% revenue from enterprise clients. |
| Management confidence | Confident in long-term value via Tier-2 migration of GCCs. |
Growth
FY26 standalone revenue grew 34.3% YoY to ₹171 Cr; PBT surged 922% to ₹10 Cr.
Outlook
Targeting 30 Lakh sq. ft. capacity by FY28; replicating Ambli-Bopal playbook across additional Tier-2 micro-markets.
Risks
Industry competition in Tier-1 hubs and potential shifts in flexible office adoption rates.
Earnings Call filed with BSE, NSE: DEVX. Summary written with AI assistance from the document.
Dev Accelerator Ltd: key numbers
- Share price
- ₹42.00
- Market cap
- ₹411.4 Cr
- Revenue (annual)
- ₹225.9 Cr
- Net profit (annual)
- ₹8.80 Cr
- P/E (TTM)
- 29.6×Sector 35.3×
- Promoter holding
- 37.29%+2.20% QoQ
- FII holding
- 1.04%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Dev Accelerator Ltd
All →Dev Accelerator Capacity Expansion: ₹3 Cr Investment
Dev Accelerator plans an 84,000 sq. ft. capacity addition at a Rs.3.00 Crore investment, to be completed within November 2026. The filing discloses a future expansion, not a completed or contracted order.
- Value
- ₹3.00 Cr
- Execution
- Within November 2026
- facility capacity addition
- 84000.0 sq. ft.
Dev Accelerator Capacity Expansion: ₹6 Cr Investment
Dev Accelerator signed lease deeds for 97,075 sq ft of added capacity in Kochi and Ahmedabad. Investment is up to Rs. 6.00 Crore.
- Value
- ₹6.00 Cr
- Execution
- Within February/March 2027 (Kochi); within November 2026 (Ahmedabad)
- super built-up area
- 97075.0 sq. ft.
Dev Accelerator Earnings Call Transcript: Key Takeaways
Q2 FY27 consolidated revenue ₹80.2 Cr (+54.8% YoY), PAT ₹5.5 Cr, record quarter. Margins and occupancy (91%) strong; net debt rose to ₹185 Cr from ₹89 Cr, and management was defensive on leverage. No Q&A held.
Dev Accelerator Results Update
Dev Accelerator released its Q2 and H1 FY27 press release on unaudited results. It highlights record quarterly revenue and profit growth alongside 91.2% occupancy.
Dev Accelerator Investor Presentation: Key Takeaways
Q2 FY27 revenue Rs 80.2 Cr (+54.8%), EBITDA Rs 40.8 Cr (50.8%), PAT Rs 5.5 Cr (+213.5%). H1 revenue Rs 134.0 Cr (+24.7%). Occupancy 91.2%; 17-centre pipeline supports Tier-II GCC expansion.
Dev Accelerator Convertible Warrants
Dev Accelerator allotted 33,33,330 equity shares to three promoters at Rs.45 each on conversion of warrants. The balance subscription of Rs.11.25 Crore was received.
- Value
- ₹11.25 Cr