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DEV INFORMATION TECHNOLOGY LIMITED — Earnings Release 2026
Nov 14, 2025
59295_rns_2025-11-14_ddd197bb-f8dc-42ae-9ae5-07146df1cc76.pdf
Earnings Release
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Dev Information Technology Limited
Reg. Office: 14, Aaryans Corporate Park, Near Shilaj Railway Crossing, Thaltej-Shilaj Road, Thaltej, Ahmedabad - 380 059. (INDIA) Phone: +91 94298 99852 / 53
www.devitpl.com | [email protected]
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Offices: Gujarat | Maharashtra | Rajasthan | Canada CIN: L30000GJ1997PLC033479
Date: 14[th] November, 2025
To, To, The Manager-Listing Department, The Secretary, The National Stock Exchange of India BSE Limited Limited, Phiroze Jejeebhoy Towers, Exchange Plaza, Plot No. C/1, G-Block, Dalal Street Bandra Kurla complex,Bandra East, Mumbai -400001 Mumbai-400 051 Trading Symbol: 543462 Trading Symbol: DEVIT
Subject: Press Release:
Ref.: Regulation 30 (Disclosure of event or information) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we are enclosing herewith the copy of the press release titled “ DEVIT Posts Robust Consolidated Total Income of ₹92.64 Cr in H1 FY26”.
Kindly take the above information on your records.
Thanking you,
On behalf of Board of Directors DEV INFORMATION TECHNOLOGY LIMITED
Digitally signed by SHAH KRISA KAIRAV DN: c=IN, postalCode=380007, st=GUJARAT, street=5 ,DHARMISHTHA NAGAR SOCIETY ,AHMEDABAD,PALDI ,380007, l=AHMEDABAD, SHAH KRISA o=Personal, serialNumber=0d148fb642ad1a5177d6ac789f641ce2a46a0172b9 661a7716658794938a1af0, pseudonym=4f06fe3cae2b49e5bf0634c6d7548178, 2.5.4.20=85084771729dcbf53eeb59ca8816c302300d8440cb27e3 KAIRAV 444c7c94d4181b4266, [email protected], cn=SHAH KRISA KAIRAV Date: 2025.11.14 15:47:28 +05'30' Krisa Shah (Company Secretary and Compliance Officer) Place: Ahmedabad
Encl.: a/a
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Digital | Transformation
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Enterprise Applications |
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Cloud Services
Mobile Applications
Managed IT Services
Business Applications |
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DEVIT Posts Robust Consolidated Total Income of ₹92.64 Cr in H1 FY26
Mumbai – November 12, 2025 – Dev Information Technology Limited, (NSE – DEVIT, BSE - 543462 | INE060X01034), a global IT services company providing Cloud Services, Digital Transformation, Enterprise Applications, and Managed IT Services, with products like Talligence and ByteSigner, has announced its Unaudited Financial Results for the Q2 FY26 & H1 FY26.
Key Financial Highlights
| Consolidated | Consolidated | |||||
|---|---|---|---|---|---|---|
| Particulars(₹ Cr) | Q2 FY26 | Q2 FY25 | YoY | H1 FY26 | H1 FY25 | YoY |
| Total Income | 49.18 | 48.24 | 1.94% | 92.64 | 83.97 | 10.32% |
| EBITDA | 3.82 | 11.23 | (66.03) % | 7.85 | 17.29 | (54.62) % |
| EBITDA Margin(%) | 7.76 | 23.28 | (1552)Bps | 8.47% | 20.59 | (1212) Bps |
| Net Profit* | 71.88 | 8.11 | 7.86% | 74.06 | 11.83 | 526.10% |
| Net Profit Margin(%) | 146.15 | 16.81 | 12934 Bps | 79.94 | 14.09 | 6586 Bps |
| Diluted EPS(₹) | 12.75 | 1.62 | 687.04% | 13.12 | 2.11 | 521.80% |
| *** Include exceptional gain of Rs 92.36 crore.** |
| Standalone | Standalone | |||||
|---|---|---|---|---|---|---|
| Particulars(₹ Cr) | Q2 FY26 | Q2 FY25 | YoY | H1 FY26 | H1 FY25 | YoY |
| Total Income | 45.07 | 43.84 | 2.80% | 80.76 | 74.29 | 8.71% |
| EBITDA | 3.29 | 11.56 | (71.49) % | 6.57 | 16.75 | (60.78) % |
| EBITDA Margin(%) | 7.31 | 26.36 | (1905) Bps | 8.13 | 22.85 | (1441) Bps |
| Net Profit* | 70.69 | 9.14 | 673.22% | 72.45 | 12.45 | 481.70% |
| Net Profit Margin(%) | 156.85 | 20.85 | 13600 Bps | 89.71 | 16.76 | 7294 Bps |
| Diluted EPS(₹) | 12.54 | 0.31 | 3945.16% | 12.85 | 2.21 | 481.45% |
| *** Include exceptional gain of Rs 92.55 crore.** |
Commenting on the performance, Mr. Pranav Pandya Founder & Chairman, said, "During Q2 FY26, we witnessed encouraging traction across our key business areas. We secured several new projects from RajCOMP Info Services, Gujarat Informatics, Guj Info Petro, and NICSI spanning enterprise software deployment, cloud migration, e-Governance modernization, and financial management systems. These wins strengthen our position within India’s expanding digital ecosystem and reaffirm the trust of our clients in both government and enterprise segments. Our subsidiary, Dev Accelerator Limited, completed its public issue of ₹143.35 crore, supporting our growth plans and balance sheet efficiency. Looking ahead, our focus remains on technology-led expansion. We are investing in AI, cybersecurity, and blockchain to build proprietary IPs and scalable platforms, including blockchain-based certification and verification solutions for education and enterprise use cases.
DEV IT continues to advance its ‘ABCD’ framework of digital technology – AI/BI, Blockchain, Cybersecurity, and Datacenter. The Company is strategically investing in R&D, expanding its geographical presence, skilling its workforce, and capturing a larger share of the profitable domestic market. This approach will enable sustained innovation, higher-margin growth, and stronger competitive positioning in emerging digital ecosystems.
Internationally, we aim to strengthen business in the US and Canada through Microsoft partnerships while deepening traction in Australia and Europe via local alliances. We are also expanding recurring revenue streams through managed services, modernization programs, and long-term government empanelments. Our subsidiaries such as DevX, Minddeft, Telligence, and Delligence continue to drive innovation and value creation as we build a portfolio of technology-driven asset-class companies under the Dev IT banner. With a healthy order book, diversified clients, and a clear growth roadmap, we remain optimistic about sustaining momentum and delivering long-term value.”
Q2 FY26 Key Business Highlights
| Secured Multiple Orders |
• Secured₹4.4 Cr order from Alivus Lifesciences for Microsoft licensing advisory and enterprise software deployment. • Secured₹65 Lakh order from Gujarat Informatics Limited to deploy Microsoft Office and automation tools at the Chief Minister’s Office. • Secured₹71 Lakh order from Guj Info Petro Limited to upgrade and migrate cluster with e-Governance applications and Windows Server 2025 deployment. |
|---|---|
| Awarded Key Projects by RajCOMP Info Services Limited |
• ₹1.16 Cr order for “Raj Sewa Dwaar” middleware implementation for secure inter-app communication. • ₹1.02 Cr order for “Raj Feb” IT/ITeS services to enhance labour law enforcement and worker safety. • ₹1.06 Cr order for upgrading government portals/apps using Adobe Experience Manager. • ₹82 Lakh order for WebMyWay portal and website development using in- house CMS. |
| Secured Key Orders from National Informatics Centre Services Incorporated |
• ₹1.29 Cr order for development of Integrated Financial Management System covering pension, treasury, payroll, and budget management for NICSI. • ₹40 Lakh order for CM OTS 2025 module development and maintenance to digitize overdue loan settlements in Rajasthan cooperative societies. |
| ESOP | • Plan: Employee Stock Option Plan – 2024 • Options Granted: 2,15,724 equity shares • Face Value:₹5 per share • Exercise Price:₹6per option |
| Dev Accelerator Limited Public Issue |
• Company: Dev Accelerator Limited (Subsidiary) • Total Issue Size:₹143.35 Cr • Price Band:₹56 –₹61 per equity share with a face value of₹2 each • Use of Proceeds:₹73 Cr for centers,₹35 Cr for debt repayment, balance for general corporatepurposes. |
| Declared Dividend | • Dividend: Final dividend of₹0.10 per equity share • Dividend Rate: 5% per equity share • Face Value:₹2 per equity share |
| Stock Split | • Corporate Action: Sub-division of equity shares • Face Value:₹5 each sub-divided into₹2 each |
About Dev Information Technology Limited
Dev Information Technology Limited (DEV IT), founded in 1997, listed on NSE & BSE, ISO 20000, ISO 27001, ISO 9001 & CMMi Lavel 3, has evolved from a small-scale business automation software solutions provider into a global IT services powerhouse. Over the years, the company has empowered businesses worldwide with a blend of information technology, innovation, and digital transformation. Headquartered in Ahmedabad, having its offices in multiple in India and also in Canada, the company emphasizes continuous innovation, quality, streamlined processes, and technological prowess. The company’s people
and client-centric approach involves collaborating with clients globally to understand their specific goals and empower them to achieve their business objectives.
The company offers a comprehensive end-to-end range of services, including Cloud Services, Digital Transformation, Enterprise Applications, Managed IT Services, and Application Development. The company’s products, comprises Talligence, an analytics platform, and ByteSigner, a digital signing solution.
With its foundation in one of India’s fastest-growing metros, the company has continuously evolved to meet the dynamic demands of the IT industry. The leadership, comprising experienced professionals, drives the company towards achieving its vision of empowering businesses worldwide through cuttingedge technology solutions. The company's steadfast commitment to innovation, quality, and client satisfaction underpins its growth and success in the IT services sector.
In conclusion, the company remains dedicated to driving digital transformation and delivering unparalleled value to its clients. As the company moves forward, it continues to embrace new challenges and opportunities, solidifying its position as a leader in the IT services sector.
In Consolidated FY25, the company reported Total Income of ₹ 1,839.09 Mn, EBITDA of ₹ 237.18 Mn and Net Profit of ₹ 147.80 Mn.
Disclaimer
Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.
For Further Information Please Contact Corporate Communication Advisor
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Kirin Advisors Private Limited Sunil Mudgal – Director [email protected] +91 98692 75849 www.kirinadvisors.com
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