₹24.4
-1.13% today
· 30d -9.96%
as of 2026-09-04
Price · Daily Candles
“DEVIT grapples with plummeting profits and promoter stake exit amidst market turbulence.”
Despite a seemingly low TTM P/E of 2.44, DEVIT's latest quarterly net profit plunged 508.41% YoY to -₹7.0 Cr, and revenue declined 7.48% YoY to ₹44.0 Cr. The company is currently free cash flow negative at -₹13.0 Cr, or -8.19% of market cap, raising concerns about its fundamental valuation despite its 'cheap' score.
BULL CASE
+DEVIT’s TTM P/E stands at a low 2.44, significantly below sector giants like TCS (16.74) and Infosys (16.05), suggesting potential value, aligning with a 'CHEAP' business score of 90.
+Annual revenue witnessed a 3.36% YoY increase to ₹171.0 Cr in FY25, with net profit up 59.26% YoY to ₹15.0 Cr.
+Over three years, annual revenue CAGR is 19.57%, and over five years, net profit CAGR is 31.99%, indicating historical growth trajectories.
+The 52-week low of ₹22.25 was significantly below the current price of ₹29.05, suggesting some recovery from its trough.
BEAR CASE
−Q4 revenue fell 7.48% YoY to ₹44.0 Cr, while net profit plummeted 508.41% YoY to -₹7.0 Cr, signaling significant operational challenges.
−The 52-week high is ₹50.89, with the current price at ₹29.05 representing a 42.92% drop from its peak.
−Promoter shareholding decreased by 25.05% QoQ to 41.58% in March 2026, while public holding increased by 25.05% indicating a significant shift in ownership.
−The company has a negative free cash flow of -₹13.0 Cr, translating to a -8.19% FCF yield, rendering intrinsic value computation difficult.
⟳ What Changed
₹ Latest Earnings · Q ending 2025-12-31
REVENUE
₹44 Cr
-7.48% YoY
NET PROFIT
₹-7 Cr
-508.41% YoY
OPM
-12.6%
-19.75pp YoY
EPS
₹-1.3
PE 2.44
Intrinsic value · DCF: N/A — Company is currently free-cash-flow negative (-9.7% of mktcap). DCF assumes a going concern generating positive cash flow; a meaningful intrinsic value can only be computed once FCF turns positive. Use the Strategy Fit and ML sections instead.
◇ Sector Position
DEVIT trades at a TTM P/E of 2.44 and ROCE of 11.0%, significantly lower than sector leaders like TCS (P/E 16.74, ROCE 60.1%) and Infosys (P/E 16.05, ROCE 44.44%).
PEERPEROCE %
DEVIT2.4411.0
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ML Forward Growth Predictions 🔒
46
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
UNDERPERFORMER
5
Valuation
CHEAP
90
Growth
STEADY
68
Profitability
AVERAGE
32
Technicals
WEAK
30
Risk
MODERATE
50
Key Stats
TTM PE
2.44
P/B
1.27
52W HIGH
₹50.89
OFF HIGH
-52.05%
DIV YIELD
0.68%
MKT CAP
₹138 Cr
◉ Active Signals
MACDBearish-0.0386
RSI(14)Bearish35.83
Near 52W LowBearish9.66
⧉ Strategy Fit 🔒