Dev Information Technology Limited Share Price and Company Fundamentals

-1.850 (-1.456%)
52 week
30.0 - 143.55

Last traded: Last Friday at 9:59 AM

Dev Information Technology Limited provides information technology enabled services in India. The company offers cloud services, including cloud advisory, cloud application modernization, managed cloud, and cloud backup and recovery services; and managed IT services, such as managed workplace and technical helpdesk services, as well as data center support services comprising incident and problem management, server management, database administration, and network and firewall security. It also provides digital services consisting of ecommerce storefronts and digital marketing services; modern workplace and cyber security services that include identity and access management, data safeguarding, security and compliance, and VAPT, as well as proactive surveillance, threat detection, and neutralization services; and mobile applications development and mobile cloud applications. In addition, the company offers productivity software, SSL certificate, and digital signature certificate services; Microsoft Dynamics 365 F&O, Microsoft Dynamics CRM, and Microsoft Dynamics AX; and Web and windows application development. Dev Information Technology Limited was incorporated in 1997 and is based in Ahmedabad, India.

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Company profile

Industry / Sector Information Technology Services / Technology
Full time employees 947
Mailing address 14, Aaryans Corporate Park Near Shilaj Railway Crossing Thaltej-Shilaj Road Thaltej Ahmedabad 380059 India
Phone / Fax 91 79 2630 4241 /


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Dev Information Technology Limited paid ₹0.25 dividend and the ex-dividend date was 22 Sept 2022.The dividend payout ratio is 19.75%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.DEVIT dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

DEVIT's forward dividend amount is ₹0.25 and the forward dividend yield is 0.20%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Dec 2022, following are the company executives and directors listed on Dev Information Technology Limited.

Name Title Age Total Pay
Mr. Pranav Niranjanbhai Pandya Founder & Chairman 53 3.05M
Mr. Jaiminbhai Jagdishbhai Shah Founder, MD, CEO & Director 3.25M
Mr. Harshil Hemant Shah Chief Financial Officer
Mr. Vishal Nagendra Vasu CTO & Whole Time Director 49 2.88M
Ms. Krisa Rupalkumar Patel Company Sec. & Compliance Officer
Mr. Prerak Pradyumna Shah Whole-Time Director 48 3.13M
Vivek Bipinkumar Shah VP 37
Ms. Alpna Sharma Sr. HR Mang.
Mr. Kaushal Vyas Head of Bus. Devel. - Licensing
Mr. Shomy Sathyadevan Practice Head (Cloud)

Profitability and management effectiveness

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Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Dev Information Technology Limited is and its enterprise value is .

The DEVIT's stocks Beta value is 0.16 making it 84% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Dev Information Technology Limited (NSE:DEVIT) Frequently Asked Questions

1. What is Dev Information Technology Limited's Stock Symbol?

Dev Information Technology Limited trades on NSE under the ticker symbol "DEVIT".

2. What is Dev Information Technology Limited's stock price today?

One share of DEVIT stock can currently be purchased for approximately ₹125.25.

3. How can I contact Dev Information Technology Limited?

Dev Information Technology Limited's mailing address is 14, Aaryans Corporate Park Near Shilaj Railway Crossing Thaltej-Shilaj Road Thaltej Ahmedabad 380059 India. The company can be reached via phone at 91 79 2630 4241.

4. What is Dev Information Technology Limited's official website?

The official website of Dev Information Technology Limited is