Why is Dev Information Technology Ltd ?
1
Strong ability to service debt as the company has a low Debt to EBITDA ratio of 1.19 times
2
Healthy long term growth as Operating profit has grown by an annual rate 73.52%
3
Positive results in Dec 24
- PAT(9M) At Rs 13.65 cr has Grown at 165.05 %
- NET SALES(HY) At Rs 83.65 cr has Grown at 40.14 %
- ROCE(HY) Highest at 26.94 %
4
Stock is technically in a Bearish range
- The technical trend has deteriorated from Mildly Bearish on 04-Apr-25 and has generated -1.32% returns since then
- The stocks MACD and Bollinger Band technical factors are also Bearish
5
With ROCE of 13, it has a Very Attractive valuation with a 3 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -14.29%, its profits have risen by 110% ; the PEG ratio of the company is 0.1
6
Reducing Promoter Confidence
- Promoters have decreased their stake in the company by -2.1% over the previous quarter and currently hold 66.63% of the company
- Promoters decreasing their stake may signify reduced confidence in the future of the business
How much should you hold?
- Overall Portfolio exposure to Dev Information should be less than 10%
- Overall Portfolio exposure to IT - Software should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in IT - Software )
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Dev Information for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Dev Information
-13.1%
-0.25
58.03%
SENSEX
0.45%
0.03
14.48%
Quality key factors
Factor
Value
Sales Growth (5y)
20.55%
EBIT Growth (5y)
73.52%
EBIT to Interest (avg)
4.27
Debt to EBITDA (avg)
1.64
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
2.36
Tax Ratio
19.64%
Dividend Payout Ratio
6.05%
Pledged Shares
0
Institutional Holding
1.49%
ROCE (avg)
13.18%
ROE (avg)
18.84%
Valuation Key Factors 
Factor
Value
P/E Ratio
13
Industry P/E
26
Price to Book Value
3.64
EV to EBIT
23.04
EV to EBITDA
18.52
EV to Capital Employed
3.04
EV to Sales
1.58
PEG Ratio
0.13
Dividend Yield
0.47%
ROCE (Latest)
12.98%
ROE (Latest)
27.11%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
Bullish
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bullish
No Trend
Technical Movement
17What is working for the Company
PAT(9M)
At Rs 13.65 cr has Grown at 165.05 %
NET SALES(HY)
At Rs 83.65 cr has Grown at 40.14 %
ROCE(HY)
Highest at 26.94 %
-4What is not working for the Company
DEBTORS TURNOVER RATIO(HY)
Lowest at 2.77 times
EPS(Q)
Lowest at Rs 0.77
Loading Valuation Snapshot...
Here's what is working for Dev Information
Profit After Tax (PAT) - Half Yearly
At Rs 10.12 cr has Grown at 202.99 %
Year on Year (YoY)MOJO Watch
PAT trend is very positive
PAT (Rs Cr)
Net Sales - Quarterly
At Rs 47.71 cr has Grown at 50.32 %
Year on Year (YoY)MOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Net Sales - Quarterly
Highest at Rs 47.71 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Here's what is not working for Dev Information
Earnings per Share (EPS) - Quarterly
Lowest at Rs 0.77
in the last five quartersMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (Rs)
Debtors Turnover Ratio- Half Yearly
Lowest at 2.77 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio