ALFA Finder| Revenue growth | Strong 50.6% YoY consolidated revenue growth reported for Q3 FY25. |
|---|---|
| Margins | Improving EBITDA margins by focusing on higher-value technical services. |
| Order book | Includes marquee government orders from Rajya Sabha and Lok Sabha. |
| Demand visibility | High visibility in cybersecurity and AI-led digital transformation services. |
| Management confidence | Confident, focusing on transitioning toward higher-margin tech service segments. |
Growth
Revenue grew 50.6% YoY; EBITDA increased 28.5%. Expansion is driven by high-margin cybersecurity and Cloud segments.
Outlook
Targeting 4-5x headcount growth in cybersecurity. Strategic focus on North American market expansion through acquisitions.
Risks
High dependency on government contracts (60% of domestic revenue) and significant 60-100 day payment cycles.
Last quarter's promises, checked
Delivered
- Guided 60% recurring revenue → delivered 60% (= BEAT)
- Targeting India-centric business growth → delivered 10.32% H1 growth (= BEAT)
- Focus on high-value asset creation → delivered DevX exceptional gain of ₹93.55 Cr (= BEAT)
Partly delivered
- Guided order book visibility ₹130-140 Cr → delivered ₹49.18 Cr Q2 revenue (= PARTIAL)
Missed
- Targeting export business increase → delivered focus shift to domestic sustainability (= MISS)
Earnings Call filed with BSE, NSE: DEVIT. Summary written with AI assistance from the document.
Dev Information Technology Ltd: key numbers
- Share price
- ₹20.92
- Market cap
- ₹117.9 Cr
- Revenue (annual)
- ₹189.5 Cr
- Net profit (annual)
- ₹75.78 Cr
- P/E (TTM)
- 17.2×Sector 23.6×
- Promoter holding
- 41.12%-0.46% QoQ
- FII holding
- 0.27%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Dev Information Technology Ltd
All →Dev Information Technology Q2 FY27 Results: Net Profit ₹2.7 Cr, Down 96.2% YoY
Dev Information Technology Ltd reported revenue from operations of ₹62.6 Cr (+29.1% YoY) and net profit of ₹2.7 Cr (-96.2% YoY) for Q2 FY27.
- Key figure
- Net profit ₹2.7 Cr · -96.2% YoY
Dev Information Technology Board Meeting Date
Dev Information Technology will hold a board meeting on 05 November 2026 to consider unaudited Q2 and half-year results. Trading window is closed from 01 October 2026.
Dev Information Technology Other Announcement
Dev Information Technology Ltd filed its quarterly shareholding pattern for the period ended September 30, 2026, as per regulatory requirements.
Dev Information Technology Management Change
Dev Information Technology Limited appointed Mr. Jayesh Madhusudan Dave as Nominee Director and Ms. Bhawika Ogra as Independent Director effective October 1, 2026.
Dev Information Technology Annual General Meeting
Dev Information Technology held its 29th AGM, approving financial statements, dividend, and director appointments. The meeting also authorized several material related party transactions.
Dev Information Technology Employee Stock Options
Dev Information Technology Limited allotted 6,23,944 equity shares under its Employee Stock Option Plan – 2024 to eligible employees.