Is DEVIT.NS overvalued or undervalued?

DEVIT.NS currently has a P/E ratio of 1.45. Relative to the sector average of 39.20, this suggests the stock may be undervalued. A higher P/E than peers means investors are paying more for each unit of earnings, often because they expect faster future growth. However, if that growth does not materialize, the stock can appear overvalued. A lower P/E may indicate weaker growth expectations or higher risk, but it can also signal a potential valuation discount.

How can I buy Dev Information Technology Limited stock?

Dev Information Technology Limited trades on NSE. Investors in Latin America can buy it through international and regional brokerage and investment platforms. You simply need a valid government ID or passport to get started.

Can I buy fractional shares of DEVIT.NS?

Yes. Through fractional investing, you can invest exactly the amount you want, starting with as little as $1 or $5 USD (depending on what investment platform you use), and own a proportional piece of the company.

Does buying DEVIT.NS protect my money against local inflation?

Many investors in Latin America buy international stocks like DEVIT.NS to protect their purchasing power. Because DEVIT.NS is priced in foreign currency, your investment is tied to a hard currency. If your local currency devalues against the foreign currency, usually USD or Euro, the underlying value of your stock portfolio remains protected from local inflation.

Do I need a foreign bank account or a Visa to buy DEVIT.NS shares?

No. A common misconception is that you need a foreign bank account or a foreign visa to invest in international stocks. Today, modern investment platforms allow you to fund your account using local bank transfers or local payment methods right from your home country.

Is DEVIT.NS a suitable investment for my portfolio?

There is no universal answer, since fit depends on your situation, not just the stock. Think about three things: how well DEVIT.NS diversifies what you already own, whether you can stomach its price swings given your risk tolerance, and how long you plan to stay invested. As a rule, a single stock works best as one piece of a broader asset allocation and with a multi-year time horizon. This is general information, not personalized financial advice.

All stocksDEVIT.NS

Dev Information Technology Limited

₹19.39-₹0.08-0.41%

NSE / INR

Market cap

₹1.1B

P/E

1.4

EPS (TTM)

₹0.14

Dividend yield

0.52%

Beta

-0.39

1Y return

-52.61%

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Financials

The numbers behind the company

Revenue vs net income

RevenueNet income

$13M2022

$15M2023

$20M2024

$20M2025

$20M2026

Financial health

Gross margin

Operating margin

ROE

ROA

Debt to equity0.28Low
Current ratio1.79
Cash ratio0.10
Net margin39.6%
Free cash flow—

Valuation

Is it expensive right now

P/E vs the market

scale 0–50

0153050

DEVIT.NS1.4
Technology sector median39.2
S&P 50022.0

Trades about 96% below its sector, cheaper than its peers on earnings.

Ratios

PEG0.00
Price to book1.02
EPS (TTM)₹0.14
Payout ratio0%
FCF yield-14.35%

Range & risk

₹18.61₹44.44

Trading in the lower third of its 52-week band

Beta-0.39

Profile

What Dev Information Technology Limited actually does

Dev Information Technology Limited provides information technology enabled services in India, Europe, and internationally. The company offers cloud services, including cloud advisory, cloud application modernization, managed cloud, enterprise devOps, and backup and recovery services; and managed IT services, such as managed digital workplace and data center support services, as well as application development services comprising custom software solutions, eGov platforms, and mobile app development. It also provides digital transformation services consisting of modern workplace, M365 migration services, hybrid and remote work, cyber security services, data and analytics, and blockchain solutions; and enterprise applications, such as Microsoft D365 F&O, Microsoft D365 CRM, D365 Business Central, and Microsoft Power Platform. The company has a strategic alliance with Xduce Corporation to accelerate growth in North America and scale its global delivery capabilities across digital engineering, cloud, data, artificial intelligence, and cybersecurity. Dev Information Technology Limited was incorporated in 1997 and is based in Ahmedabad, India.

CEO

Jaimin Shah

Employees

1,083

Headquarters

Ahmedabad, GJ

Founded

2017-07-27

Company website

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Community sentiment

Bullish—

Distribution

Bearish0%
Neutral0%
Bullish0%

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Q&A

Questions people ask

DEVIT.NS has a beta of -0.39, which indicates how sensitive it has historically been to movements in its broader market. A beta below 1 indicates lower relative volatility than the market. Beta is based on historical data and does not predict future performance.

Dev Information Technology Limited