Dev Information Technology Ltd

NSE :DEVIT   BSE :543462  Sector : IT - Software
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18 Apr
123.30
(2.11%)
16 Apr
120.75
(2.07%)
15 Apr
118.30
(-4.33%)
12 Apr
123.65
(-2.45%)
10 Apr
126.75
(0.16%)
09 Apr
126.55
(-1.25%)
08 Apr
128.15
(-2.66%)
05 Apr
131.65
(9.98%)
04 Apr
119.70
(3.01%)
03 Apr
116.20
(4.97%)
02 Apr
110.70
(4.98%)
01 Apr
105.45
(4.41%)
28 Mar
101.00
(0.00%)
27 Mar
101.00
(-4.54%)
26 Mar
105.80
(4.75%)
22 Mar
101.00
(-0.69%)
21 Mar
101.70
(-2.45%)
20 Mar
104.25
(-1.04%)
19 Mar
105.35
(-2.72%)
18 Mar
108.30
(4.99%)
15 Mar
103.15
(1.88%)


Technical Analysis

Short Term Investors

Very Bullish

Medium Term Investors

Bearish

Long Term Investors

Very Bearish

Moving Averages

5 DMA
Bullish

122.02


10 DMA
Bearish

123.34


20 DMA
Bullish

113.95


50 DMA
Bearish

126.9


100 DMA
Bearish

137.15


200 DMA
Bearish

135.57



Intraday Support and Resistance
(Based on Pivot Points) |

Updated On Apr 18, 2024 04:00 PM For Next Trading Session

Pivots Classic Fibonacci Camarilla Woodie DM
R3 137.36 132.93 125.84 - -
R2 132.93 129.4 125 132.84 -
R1 128.11 127.21 124.15 127.93 130.53
P 123.68 123.68 123.68 123.59 124.89
S1 118.86 120.15 122.45 118.68 121.28
S2 114.43 117.96 121.6 114.34 -
S3 109.61 114.43 120.76 - -

Key Metrics

EPS

3.32

P/E

36.85

P/B

5.96

Dividend Yield

0.2%

Market Cap

273 Cr.

Face Value

5

Book Value

20.54

ROE

12.56%

EBITDA Growth

1.68 Cr.

Debt/Equity

0.23

Shareholding Pattern

  71.31% Total Promoter Holding
0% Mutual Fund Holdings
0% FIIs
28.69% Non Institution
0% Insurance Companies
0% Custodians
0% Other Parties

Shareholding History


Quarterly Result (Figures in Rs. Crores)


Dev Information Technology Ltd Quaterly Results


Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
INCOME 33.36 44.46 60.67 28.5 31.97
PROFIT 2.85 3.32 1.81 1.64 1.7
EPS 1.2 1.63 0.83 0.74 0.77

Dev Information Technology Ltd Quaterly Results


Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
INCOME 32.76 42.28 59.08 30.51 30.98
PROFIT 3.4 2.41 1.67 1.62 1.65
EPS 1.54 1.09 0.75 0.73 0.75

Profit & Loss (Figures in Rs. Crores)


Dev Information Technology Ltd Profit & Loss


Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
INCOME 55.82 43.06 50.09 65.69 71.88 77.33 74.44 88.48 96.98 131.44
PROFIT 1.1 1.26 2.06 2.99 3.81 4.35 2.21 -3.8 0.13 4.62
EPS 0 0 0 0 3.59 3.97 3.44 -0.34 -0.03 4.08

Dev Information Technology Ltd Profit & Loss


Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
INCOME 55.38 41.99 47.46 58.13 69.26 72.46 72.09 87.77 96.13 129.25
PROFIT 1.09 1.24 2.01 2.9 3.45 3.13 1.96 -0.51 1.92 4.34
EPS 21.58 24.56 39.8 7.19 3.13 3.95 3.11 -0.14 0.87 3.94

Balance Sheet (Figures in Rs. Crores)

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
SOURCES OF FUNDS :
Share Capital 11.0611.045.525.525.525.524.030.50.50.5
Reserves Total 30.4921.7527.3727.7624.3820.4312.1610.398.497.37
Total Shareholders Funds41.5532.7932.8933.2829.925.9516.1910.898.997.87
Minority Interest0.06-0.010.20.250.180.20.050.030.010.01
Secured Loans 6.88.979.8910.327.958.857.362.617.355.47
Unsecured Loans 0.50.661.220.493.180.440.54.990.410.91
Total Debt7.39.6311.1110.8111.139.297.867.67.766.38
Other Liabilities0.050.060.270.530.280.330.370.10.360.19
Total Liabilities48.9642.4744.4744.8741.4935.7724.4718.6217.1214.45
APPLICATION OF FUNDS :
Gross Block 28.4322.8321.6921.0221.3614.3313.327.584.414.74
Less: Accumulated Depreciation14.1812.9711.29.147.435.734.183.4300
Net Block14.259.8610.4911.8813.938.69.144.154.414.74
Capital Work in Progress1.140.870.220.180.0100000
Investments 3.192.984.015.050.230.230.230.30.30.3
Inventories 4.984.688.615.75.696.554.623.341.24.1
Sundry Debtors 3531.0821.8621.6319.6226.3220.2916.2314.1622.05
Cash and Bank Balance5.1610.6210.656.357.777.325.153.563.353.3
Loans and Advances 12.832.314.897.214.512.972.122.022.12
Total Current Assets46.1549.2143.4338.5640.2944.733.0225.2620.7331.57
Current Liabilities 18.0723.041712.6614.1917.9318.4411.648.121.27
Provisions 0.620.560.660.540.290.40.270.721.611.66
Total Current Liabilities & Provisions18.6923.6117.6613.214.4818.3318.7112.369.7122.93
Net Current Assets27.4625.625.7625.3625.8126.3614.3112.911.028.64
Deferred Tax Assets0.310.110.110.1600.1400.0600
Deferred Tax Liability0.410.5200.160.250.250.260.060.060.21
Net Deferred Tax-0.1-0.410.110-0.25-0.11-0.260-0.06-0.21
Other Assets3.013.573.872.41.740.71.061.261.440.98
Total Assets48.9542.4744.4644.8641.4735.7724.4818.6117.1114.45
Contingent Liabilities00000.740.74000.080.08
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
SOURCES OF FUNDS :
Share Capital 11.0611.045.525.525.525.524.030.50.50.5
Reserves Total 31.3622.9226.7827.0623.9719.9412.0610.358.487.39
Total Shareholders Funds42.4233.9632.332.5829.4925.4616.0910.858.987.89
Secured Loans 6.628.799.891.861.291.762.92.614.753.71
Unsecured Loans 0.50.611.178.918.367.344.914.942.952.56
Total Debt7.129.411.0610.779.659.17.817.557.76.27
Other Liabilities00.060.270.530.280.320.370.10.360.19
Total Liabilities49.5443.4243.6343.8839.4234.8824.2718.517.0414.35
APPLICATION OF FUNDS :
Gross Block 23.3822.5221.672118.3114.3213.317.584.414.74
Less : Accumulated Depreciation 14.0912.9611.29.147.245.734.183.4300
Net Block 9.299.5610.4711.8611.078.599.134.154.414.74
Capital Work in Progress1.140.870.220.18000000
Investments 9.424.214.065.090.30.280.270.340.340.35
Inventories 4.984.688.615.75.696.554.623.341.24.1
Sundry Debtors 36.3233.7123.823.0321.4227.420.7416.2614.1922.01
Cash and Bank Balance3.518.789.996.076.145.984.373.353.193.11
Loans and Advances 0.622.491.714.294.033.863.182.122.022.12
Total Current Assets45.4349.6644.1139.0837.2843.7932.9125.0820.5931.34
Current Liabilities 17.6222.761813.6812.8417.9218.111.69.1422.32
Provisions 0.610.560.660.540.270.390.270.720.540.63
Total Current Liabilities & Provisions18.2323.3218.6614.2213.118.3118.3612.329.6822.95
Net Current Assets27.226.3425.4524.8624.1825.4914.5412.7610.918.4
Deferred Tax Assets0.30.110.110.160.190.1400.0600
Deferred Tax Liability0.410.5200.160.40.250.260.060.060.21
Net Deferred Tax-0.11-0.410.110-0.21-0.11-0.260-0.06-0.21
Other Assets2.582.863.321.884.090.630.61.251.431.07
Total Assets49.5143.4343.6343.8739.4334.8824.2818.4917.0314.35
Contingent Liabilities00000.740.74000.080.08

Cash Flow (Figures in Rs. Crores)

Net Profit before Tax and Extr...11.26
Depreciation1.25
Interest (Net)0.98
Dividend Received0.02
P/L on Sales of Invest-5.74
Prov. and W/O (Net)0.14
P/L in Forex-0.53
Total Adjustments (PBT and Ext...-3.93
Operating Profit before Workin...7.32
Trade and 0ther Receivables-2.71
Inventories-0.31
Trade Payables-5.59
Total Adjustments (OP before W...-8.6
Cash Generated from/(used in) ...-1.28
Direct Taxes Paid-0.37
Total Adjustments(Cash Generat...-0.37
Cash Flow before Extraordinary...-1.65
Net Cash from Operating Activi...-1.65
Purchased of Fixed Assets-5.77
Sale of Investments5.74
Interest Received0.41
Invest.In Subsidiaires-0.01
Cancellation of Investment in ...0.35
Acquisition of Companies-0.51
Net Cash used in Investing Act...-0.65
Proceeds from Issue of shares ...0.11
Of the Long Tem Borrowings-2.42
Of Financial Liabilities-0.08
Dividend Paid-0.55
Interest Paid-1.39
Net Cash used in Financing Act...-4.33
Net Profit before Tax and Extr...10.82
Depreciation1.21
Interest (Net)1.2
Dividend Received0.02
P/L on Sales of Invest-5.74
Prov. and W/O (Net)0.14
P/L in Forex-0.38
Total Adjustments (PBT and Ext...-3.42
Operating Profit before Workin...7.4
Trade and 0ther Receivables-2.19
Inventories-0.31
Trade Payables-5.48
Total Adjustments (OP before W...-7.98
Cash Generated from/(used in) ...-0.57
Direct Taxes Paid-0.37
Total Adjustments(Cash Generat...-0.37
Cash Flow before Extraordinary...-0.94
Net Cash from Operating Activi...-0.94
Purchased of Fixed Assets-1.14
Sale of Investments5.74
Invest.In Subsidiaires-4.95
Net Cash used in Investing Act...-1.21
Proceeds from Issue of shares ...0.11
Of Financial Liabilities-0.08
Dividend Paid-0.55
Interest Paid-3.47
Net Cash used in Financing Act...-4

Company Details

Registered Office
Address14 Aaryans Corporate Park,
Nr Shilaj Railway Crossing
CityAhmedabad
StateGujarat
Pin Code380059
Tel. No.91-79-26304241/26305751
Fax. No.
Emailcs@devitpl.com
Internethttp://www.devitpl.com
Registrars
Address14 Aaryans Corporate Park
CityAhmedabad
StateGujarat
Pin Code380059
Tel. No.91-79-26304241/26305751
Fax. No.
Emailcs@devitpl.com
Internethttp://www.devitpl.com
Management
Name Designation
Pranav Niranjanbhai PandyaChairman & Wholetime Director
Jaimin Jagdishbhai ShahManaging Director
Vishal Nagendra VasuWhole Time Director & CTO
Prerak Pradyumna ShahWhole-time Director
Rama MoondraIndependent Director
Venkata Rama Subba Rao VelamuriIndependent Director
Krisa Rupalkumar PatelCompany Sec. & Compli. Officer
Jatin Yagneshbhai TrivediIndependent Director
Umesh RatejaIndependent Director