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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Dev Information Technology Limited is an information technology (IT) services provider. It operates through the IT & IT Enabled Services segment. Its products include ByteSIGNER and Talligence. ByteSIGNER is a desktop application that allows digital signing of Portable…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling, fast-growing business, trading cheap versus its own history — but flagged on governance.
DEV INFO TECHNOLOGY LTD is scored on the general / industrial framework. It keeps a fat 39.1% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT -0.03×) — worth a closer look. Free cash flow is worth about -2.7% of its market value.
Over the last 3 years revenue compounded at 14%/yr and profit at 103%/yr. Book value itself has compounded 38%/yr — the hallmark of a genuine compounder. Return on equity is a weak 5.6%. In the latest quarter profit fell 76% versus the prior quarter.
At 2× earnings, the stock sits at the 3rd percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price implies ~8%/yr earnings growth for a decade. The forensic screen raises a red flag: Only ₹-0.12 of cash per ₹1 profit over 4 years — earnings not converting to cash.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 18.05 | 21.5 | better |
| P/B | 0.94 | 4.36 | better |
| EV/EBITDA | 16.9 | 10.37 | worse |
| ROE | 5.61 | 19.93 | worse |
| ROCE | 4.17 | 22.74 | worse |
| ROA | 3.42 | 11.02 | worse |
| Quick Ratio | 1.69 | 6.23 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| TCS | 17.4 | 7.6 | 43.4% |
| Infosys | 15.6 | 5.1 | 31.0% |
| HCL Technologies | 21.3 | 5.1 | 24.1% |
Revenue has grown every year across all 4 financial years shown. 14% CAGR over 3 years — steady double-digit compounder. Growth is decelerating — latest year grew slower than the year before.
Net profit has risen every year — the hallmark of a compounder. Profit is growing faster than revenue (103% vs 14%) — margin expansion is at work. The latest year saw a +412% swing — check if it's a one-off or structural.
Operating margin has expanded from 9% to 49% — the business is keeping more of each rupee earned. The gap between operating and net margin is widening — interest or tax costs are rising.
ROE at 69% — the business earns well above its cost of equity. ROE powered by fat margins — the hallmark of a high-quality franchise with pricing power. Capital efficiency improving — ROE up 47pp across the window.
EPS has grown every year — each share earns more than the last, consistently. Profit grew faster than EPS (103% vs 49%) — share dilution is eroding per-share value. 49% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
4 of 4 years had negative operating cash flow — profitability on paper may not translate to cash.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 20% QoQ — could be seasonality or a genuine slowdown.
1 of 4 quarters loss-making — quarterly profitability is uneven. Profit fell 76% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly margins are compressing (146% → 5%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters at 41.1% — dispersed ownership; institutional flows drive the stock. Promoters reduced 25.5pp over 4 quarters — watch whether this is planned divestment or pledge invocations.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.