DEV Information Technology Ltd
NSE:DEVIT

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DEV Information Technology Ltd
NSE:DEVIT
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Price: 39.84 INR 2.57% Market Closed
Market Cap: 2.2B INR

DEV Information Technology Ltd
Investor Relations

Dev Information Technology Ltd. engages in the provision of information technology solutions. The company is headquartered in Ahmedabad, Gujarat. The company went IPO on 2017-04-17. Its products include Talligence and ByteSIGNER. Talligence is an artificial intelligence (AI) powered and machine learning-driven solution for Tally, which packs a suite of functionalities to monitor key business areas. The company drives intelligent analytics from Tally data - facilitating informed, data-driven, and fact-based decisions. ByteSIGNER provides an easy, automated, and secure way to digitally sign invoices, legal documents, tender documents, contracts, orders, vouchers, and other PDF documents. Its services include applications, automation, intelligence, digital, and IT infrastructure. The firm also offers services, such as security (hardware & software), infrastructure management and monitoring services for servers/desktops/other such devices both remote and onsite, storage, private cloud, public cloud, enterprise applications, mobility, AI, and Internet of things (IoT).

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Nov 27, 2025
AI Summary
Q2 2026

Income Growth: Consolidated total income for Q2 rose slightly to INR 49.18 crores from INR 48.24 crores year-on-year, with H1 income up 10.32% to INR 92.64 crores.

Exceptional Profit: Q2 net profit surged to INR 71.88 crores, mainly due to an exceptional gain of INR 93.55 crores from DevX's public listing.

EBITDA Decline: EBITDA dropped sharply to INR 3.82 crores in Q2 from INR 11.23 crores last year, as the company invested heavily in new technologies and upskilling.

Margin Pressure: Management acknowledged lower margins driven by investments in AI, blockchain, and upskilling, but expects long-term value from these assets.

Recurring Revenue: Around 60% of revenues are recurring, supported by high client retention rates.

Geographic Focus: The company is shifting focus to India for sustainability amid global uncertainty, but remains optimistic about medium-term export growth.

Future Investments: Plans to invest INR 12–18 crores over the next 12–24 months in AI, cybersecurity, and blockchain capabilities.

Order Book Visibility: Current order book provides visibility of INR 130–140 crores for FY26, with a good pipeline extending into FY27.

Key Financials
Total Income (Q2)
INR 49.18 crores
EBITDA (Q2)
INR 3.82 crores
Net Profit (Q2)
INR 71.88 crores
Exceptional Gain (Q2)
INR 93.55 crores
Total Income (H1)
INR 92.64 crores
EBITDA (H1)
INR 7.85 crores
Net Profit (H1)
INR 74.06 crores
Order Book (FY26)
INR 130–140 crores
Recurring Revenue Share
60%
Investment in AI, Cybersecurity, Blockchain (Next 12–24 Months)
INR 12–18 crores
Revenue from Subsidiaries
INR 25 crores
Other Earnings Calls
2026

Management

Mr. Pranav Niranjanbhai Pandya
Founder & Chairman of the Board
No Bio Available
Mr. Jaiminbhai Jagdishbhai Shah
Founder, MD, CEO & Director
No Bio Available
Mr. Harshil Hemant Shah
Chief Financial Officer
No Bio Available
Mr. Vishal Nagendra Vasu
CTO & Whole Time Director
No Bio Available
Ms. Krisa Kairav Shah
Company Secretary & Compliance Officer
No Bio Available
Mr. Prerak Pradyumna Shah
Executive Director & Joint CEO
No Bio Available
Ms. Chaitali Shah
HR Manager - Payroll Operations
No Bio Available
Mr. Ketan Shah
Practice Head of Dynamics
No Bio Available
Mr. Shomy Sathyadevan
Delivery Head of Cloud Services
No Bio Available
Mr. Nilesh Mandani
Senior Vice President of Sales - Enterprise Applications
No Bio Available

Contacts

Address
GUJARAT
Ahmedabad
14, Aaryans Corporate Park, Near Shilaj Railway Crossing, Thaltej - Shilaj Road, Thaltej
Contacts
+917926304241
www.devitpl.com