Ahmedabad : 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 Standalone Financial Highlights
Q4 FY26 Standalone Key Financial Highlights
- Total Income of ₹48.16 Cr, YoY growth of 4.28%
- EBITDA of ₹4.07 Cr, YoY growth of 93.38%
- EBITDA Margin of 8.45%, YoY growth of 389 Bps
- Net Profit of ₹8.27 Cr, YoY growth of 848.70%
- Net Profit Margin of 17.16%, YoY growth of 1,528 Bps
- Diluted EPS of ₹1.44, YoY growth of 860.00%
FY26 Standalone Key Financial Highlights
- Total Income of ₹165.42 Cr, YoY growth of 1.29%
- EBITDA of ₹5.39 Cr
- EBITDA Margin of 3.26%
- Net Profit of ₹74.24 Cr, YoY growth of 381.44%
- Net Profit Margin of 44.88%, YoY growth of 3,544 Bps
- Diluted EPS of ₹13.02, YoY growth of 375.18%
*Includes Exceptional Unrealised gain of ~₹92.36 crore on reclassification of EV Accelerator stake post IPO
Key Consolidated Financial Highlights
Q4 FY26 Consolidated Key Financial Highlights
- Total Income of ₹56.00 Cr, YoY growth of 8.14%
- EBITDA of ₹5.04 Cr, YoY growth of 68.53%
- EBITDA Margin of 8.99%, YoY growth of 322 Bps
- Net Profit of ₹8.96 Cr, YoY growth of 689.42%
- Net Profit Margin of 15.99%, YoY growth of 1,380 Bps
- Diluted EPS of ₹1.56, YoY growth of 642.86%
FY26 Consolidated Key Financial Highlights
- Total Income of ₹193.50 Cr, YoY growth of 5.21%
- EBITDA of ₹7.23 Cr
- EBITDA Margin of 3.74%
- Net Profit of ₹75.60 Cr, YoY growth of 411.48%
- Net Profit Margin of 39.07%, YoY growth of 3,103 Bps
- Diluted EPS of ₹13.25, YoY growth of 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.”







Leave a Reply