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DEV INFORMATION TECHNOLOGY LIMITED — Earnings Release 2026
May 30, 2026
59295_rns_2026-05-30_519dccce-f6bd-4897-8551-e93a95b29321.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]
Offices: Gujarat | Maharashtra | Rajasthan | Canada
CIN: L30000GJ1997PLC033479
DEV IT Simplified
Date: 30th May, 2026
| To,
The Manager-Listing Department,
The National Stock Exchange of India Limited,
Exchange Plaza, Plot No. C/1, G-Block,
Bandra Kurla complex, Bandra East, Mumbai-400 051
Trading Symbol: DEVIT | To,
The Secretary,
BSE Limited
Phiroze Jejeebhoy Towers,
Dalal Street
Mumbai -400001
Trading Symbol: 543462 |
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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 “Dev IT Reports Strong FY26 with Enhanced Digital Capabilities, Strategic Partnerships and Expanding Growth Pipeline”.
Kindly take the above information on your records.
Thanking you,
On behalf of Board of Directors
DEV INFORMATION TECHNOLOGY LIMITED
SHAH KRISA KAIRAV
Krisa Shah
(Company Secretary and Compliance Officer)
Place: Ahmedabad
Encl.: a/a
Cloud Services
Managed IT Services
Digital Transformation
Enterprise Applications
Business Applications
Mobile Applications
DEV IT Simplified
Dev IT Reports Strong FY26 with Enhanced Digital Capabilities, Strategic Partnerships and Expanding Growth Pipeline
Ahmedabad - May 29, 2026 - Dev Information Technology Limited (DEV IT), (NSE - DEVIT, BSE - 543462 | INE060X01034), a global IT services company offering Cloud Services, Digital Transformation, Enterprise Applications, and Managed IT Services has reported its Audited financials for Q4 FY26 & FY26.
Key Financial Highlights
| Standalone | ||||||
|---|---|---|---|---|---|---|
| Particulars (₹ Cr) | Q4 FY26 | Q4 FY25 | YoY | FY26 | FY25 | YoY |
| Total Income | 48.16 | 46.18 | ₹ 4.28% | 165.42 | 163.32 | ₹ 1.29% |
| EBITDA | 4.07 | 2.10 | ₹ 93.38% | 5.39 | 22.58 | -76.13% |
| EBITDA Margin (%) | 8.45% | 4.56% | ₹389 Bps | 3.26% | 13.82% | -1,057 |
| Net Profit | 8.27 | 0.87 | ₹848.70% | 74.24 | 15.42 | ₹381.44% |
| Net Profit Margin (%) | 17.16% | 1.89% | ₹1,528 Bps | 44.88% | 9.44% | ₹3,544 Bps |
| Diluted EPS (₹) | 1.44 | 0.15 | ₹ 860% | 13.02 | 2.74 | ₹375.18% |
*Includes Exceptional Unrealised gain of -₹92.36 crore on reclassification of EV Accelerator stake post IPO
| Consolidated | ||||||
|---|---|---|---|---|---|---|
| Particulars (₹ Cr) | Q4 FY26 | Q4 FY25 | YoY | FY26 | FY25 | YoY |
| Total Income | 56.00 | 51.78 | ₹ 8.14% | 193.50 | 183.91 | ₹ 5.21% |
| EBITDA | 5.04 | 2.99 | ₹ 68.53% | 7.23 | 23.72 | -69.52% |
| EBITDA Margin (%) | 8.99% | 5.77% | ₹322 Bps | 3.74% | 12.90% | -916 Bps |
| Net Profit | 8.96 | 1.13 | ₹689.42% | 75.60 | 14.78 | ₹ 411.48% |
| Net Profit Margin (%) | 15.99% | 2.19% | ₹1,380 Bps | 39.07% | 8.04% | ₹3,103 Bps |
| Diluted EPS (₹) | 1.56 | 0.21 | ₹642.86% | 13.25 | 2.64 | ₹ 401.89% |
*Includes Exceptional Unrealised gain of -₹93.55 crore on reclassification of EV Accelerator stake post IPO
Recent Key Business Highlights
| Strategic Partnerships & Expansion | • XDuce acquired ~24% strategic stake in DEV IT to strengthen AI, cybersecurity and global presence
• Signs Exclusive Master Distribution Agreement with A21 Technologies to Scale their AI-powered product “Talligence” Across India
• Achieved all six Microsoft Solutions Partner Designations across in conjunction with its wholly owned subsidiary, DhyeY Consulting Services Pvt. Ltd. |
| --- | --- |
| Business Restructuring & Corporate Developments | • Approved the transfer of its product businesses, ByteSIGNER and Talligence, to Byte Technosys Private Limited, an associate company in ₹11.90 Cr transaction cash consideration.
• Approved ESOP allotment of 28,482 equity shares |
Commenting on the Financial Performance Mr. Pranav Pandya, Chairman, Dev Information Technology Limited, said: "FY26 was a strategically significant year for Dev Information Technology as we strengthened our position across cloud services, digital transformation, enterprise applications and managed IT services while simultaneously enhancing operational efficiency and profitability. Our growth was supported by strong execution, higher value service engagements and continued focus on delivering integrated technology solutions to enterprise customers.
During the year, we completed several key strategic initiatives that will strengthen our long-term growth prospects. The acquisition of a strategic stake by XDUce has created opportunities to enhance our AI, cybersecurity and global delivery capabilities, while our collaboration with A2I Technologies expands our presence in AI-powered product offerings. In addition, our achievements across Microsoft solution partner designations reinforce our technical capabilities and deepen our ability to address evolving customer requirements.
We also took decisive steps to sharpen our business focus through the transfer of certain product businesses and portfolio optimization initiatives, enabling greater resource allocation toward scalable and higher-growth opportunities. These actions, combined with our strong customer relationships and expanding service capabilities, have improved our operating leverage and strengthened the foundation for future growth.
Looking ahead, demand for cloud adoption, AI-led transformation, cybersecurity and managed services continues to remain strong across industries. With an expanded solutions portfolio, stronger strategic partnerships, improved operational efficiencies and a growing pipeline of opportunities, we are entering FY27 with confidence and remain focused on delivering sustainable growth, margin enhancement and long-term value creation for all stakeholders."
About Dev Information Technology Limited
Dev Information Technology Limited (DEV IT), founded in 1997, listed on NSE & BSE, and certified to ISO 20000, ISO 27001, ISO 9001 & CMMI Level 5, 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, with offices across India and Canada, the company emphasises 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 to 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 comprise Talligence, an accounting data 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 cutting-edge 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. www.devitpl.com
In Consolidated FY26, the company reported Total Income of ₹193.50, EBITDA of ₹7.23 and Net Profit of ₹75.60.
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
| | Kirin Advisors Private Limited
Sunil Mudgal - Director
[email protected]
+91 98692 75849
www.kirinadvisors.com |
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