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Dev Information Technology Ltd

NSE: DEVIT BSE: 543462

27.58

(-0.86%)

Mon, 30 Mar 2026, 05:24 am

Dev Information Technology Analysis

dividend

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Pros

  • Dividends paid are thoroughly covered by earnings (18.5x coverage).
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Cons

  • Dev Information Technology has only been paying a dividend for 2 years, and since then there has been no growth.
  • Whilst dividend payments have been stable, Dev Information Technology has been paying a dividend for less than 10 years.
  • Dev Information Technology's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.76%).
  • Dev Information Technology's dividend is below the markets top 25% of dividend payers in India (3.08%).

health

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Pros

  • Dev Information Technology is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Dev Information Technology is profitable, therefore cash runway is not a concern.
  • Dev Information Technology is profitable, therefore cash runway is not a concern.
  • Debt is well covered by operating cash flow (46.3%, greater than 20% of total debt).
  • Debt is covered by short term assets, assets are 3.1x debt.
  • Dev Information Technology's cash and other short term assets cover its long term commitments.
  • The level of debt compared to net worth has been reduced over the past 5 years (83.8% vs 34.5% today).
  • Interest payments on debt are well covered by earnings (EBIT is 4.3x coverage).
  • Dev Information Technology's level of debt (34.5%) compared to net worth is satisfactory (less than 40%).
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Cons

  • High level of physical assets or inventory.

management

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Pros

  • The tenure for the Dev Information Technology board of directors is about average.
  • Jaimin's remuneration is lower than average for companies of similar size in India.
  • Jaimin's compensation has been consistent with company performance over the past year, both up more than 20%.
  • The tenure for the Dev Information Technology management team is about average.
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Cons

    misc

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    Pros

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      Cons

      • Dev Information Technology is not covered by any analysts.
      • Dev Information Technology's last earnings update was 215 days ago.
      • Dev Information Technology has significant price volatility in the past 3 months.

      past

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      Pros

      • Dev Information Technology's 1-year earnings growth exceeds its 5-year average (24.3% vs 23.6%)
      • Dev Information Technology has delivered over 20% year on year earnings growth in the past 5 years.
      • Dev Information Technology used its assets more efficiently than the IN IT industry average last year based on Return on Assets.
      • Dev Information Technology's earnings growth has exceeded the IN IT industry average in the past year (24.3% vs 6%).
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      Cons

      • Dev Information Technology's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
      • Dev Information Technology has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).

      value

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      Pros

      • Dev Information Technology's share price is below the future cash flow value, and at a moderate discount (> 20%).
      • Dev Information Technology's share price is below the future cash flow value, and at a substantial discount (> 40%).
      • Dev Information Technology is good value based on earnings compared to the IN IT industry average.
      • Dev Information Technology is good value based on earnings compared to the India market.
      • DEVIT outperformed the IT industry which returned -10.1% over the past year.
      • DEVIT outperformed the Market in India which returned -14.5% over the past year.
      • NSEI:DEVIT is up 38.9% outperforming the IT industry which returned 8.5% over the past month.
      • NSEI:DEVIT is up 38.9% outperforming the market in India which returned 8% over the past month.
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      Cons

      • Dev Information Technology is overvalued based on assets compared to the IN IT industry average.

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      Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800