20.59
+0.34%
Close of 9 Nov 2026, in INR
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About DEV Information Technology
Its shares trade on NSE under the ticker DEVIT.NS. It has been listed since 17 April 2017. In the fiscal year to 31 March 2025, it reported revenue of ₹1.71bn and net income of ₹148.7m. At that date it held total assets of ₹1.22bn and shareholders' equity of ₹686.2m.
Dev Information Technology Ltd. engages in the provision of information technology solutions. The company is headquartered in Ahmedabad, Gujarat. The company went IPO on 2017-04-17. The company operates through the IT & IT Enabled Services segment. Its products include ByteSIGNER and Talligence. ByteSIGNER is a desktop application that allows digital signing of PDF documents in bulk using a digital signature. The company is a solution for organizations high-speed signing needs and helps them shift to a paperless office. Talligence is an artificial intelligence (AI) powered and machine learning-driven solution for Tally, which packs a suite of functionalities to monitor key business areas. Its cloud services include cloud application modernization, managed cloud services, cloud advisory and cloud backup and recovery. Its digital services include e-commerce storefronts and digital marketing. Its managed IT services include data center support, managed workplace and technical helpdesk. Its business applications consist of Windows Application Development and Web Application Development.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Information Technology
- Industry
- IT Services
- Listed since
- 17 Apr 2017
- Website
- devitpl.com ↗
Leadership
Pay as last reported
- Mr. Pranav PandyaExecutive Chairman of the Board, Co-Founder
- Mr. Jaimin ShahCo-Founder, Managing Director, Director
- Mr. Harshil ShahChief Financial Officer
- Mr. Vishal VasuChief Technology Officer, Whole Time Director
- Mr. Devaang BhattAssociate Vice President - International Business
- Mr. Prerak ShahWhole Time Director
- Mr. Mohammed Irfan BalawalaProject Manager
- Mr. Devang BhattBusiness Development Manager
- Mr. Nilay BhattTeam Leader
- Mr. Debashish GhoshSenior Project Manager
- Mr. Paritosh JaniIT Operations Manager
- Mr. Zenul JinwalaMarketing Strategist
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- ByteSIGNER enables bulk digital signing of PDF documents for organizations.
- Talligence is an AI-powered solution for Tally monitoring business areas.
- Cloud services include modernization and backup for enterprise clients.
Weaknesses
- The company operates through a single IT segment structure.
- Headquarters are located in Ahmedabad, Gujarat, India.
- Listing occurred on 17 April 2017 via an IPO.
Opportunities
- Digital marketing services support e-commerce storefront expansion strategies.
- Managed IT services offer data center support capabilities.
- Web application development meets diverse business software needs.
Threats
- Reliance on specific products like ByteSIGNER creates concentration risk.
- Market competition in the Information Technology sector is intense.
- Dependence on cloud advisory and managed services revenue streams.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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