Dev Information Technology (NSE:DEVIT) Enterprise Value: ₹1,724 Mil (As of Jun. 26, 2026) ***


NSE:DEVIT Dev Information Technology Ltd NSE:DEVIT
69 GF Score
Price ₹26.27
GF Value ₹56.56
Valuation Possible Value Trap
! 4 Warning Signs
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What is Dev Information Technology Enterprise Value?

Dev Information Technology NSE:DEVIT +0.11% 69 Enterprise Value is ₹1,724 Mil as of Jun. 26, 2026. GuruFocus rates NSE:DEVIT with a GF Score™ of 69/100 and a GF Value™ of ₹56.56 (Possible Value Trap). The stock has 4 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Dev Information Technology's Enterprise Value is ₹1,724 Mil. Dev Information Technology's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹975 Mil. Therefore, Dev Information Technology's EV-to-EBIT ratio for today is 1.77.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Dev Information Technology's Enterprise Value is ₹1,724 Mil. Dev Information Technology's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1,008 Mil. Therefore, Dev Information Technology's EV-to-EBITDA ratio for today is 1.71.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Dev Information Technology's Enterprise Value is ₹1,724 Mil. Dev Information Technology's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1,895 Mil. Therefore, Dev Information Technology's EV-to-Revenue ratio for today is 0.91.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Dev Information Technology's Enterprise Value is ₹1,724 Mil. Dev Information Technology's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Dev Information Technology's EV-to-OCF ratio for today is .

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Dev Information Technology's Enterprise Value is ₹1,724 Mil. Dev Information Technology's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Dev Information Technology's EV-to-FCF ratio for today is .

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Dev Information Technology  (NSE:DEVIT) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Dev Information Technology's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1724.117/975.086
=1.77

Dev Information Technology's current Enterprise Value is ₹1,724 Mil.
Dev Information Technology's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹975 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Dev Information Technology's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1724.117/1007.747
=1.71

Dev Information Technology's current Enterprise Value is ₹1,724 Mil.
Dev Information Technology's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,008 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Dev Information Technology's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1724.117/1895.006
=0.91

Dev Information Technology's current Enterprise Value is ₹1,724 Mil.
Dev Information Technology's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,895 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Dev Information Technology's EV-to-OCF for today is:


Dev Information Technology's current Enterprise Value is ₹1,724 Mil.
Dev Information Technology's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Dev Information Technology's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1724.117/0
=

Dev Information Technology's current Enterprise Value is ₹1,724 Mil.
Dev Information Technology's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Dev Information Technology Enterprise Value Related Terms


Dev Information Technology Enterprise Value Historical Data

* Premium members only.

The historical data trend for Dev Information Technology's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Dev Information Technology Enterprise Value Chart

Dev Information Technology Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,462.58 2,121.07 2,411.08 2,688.89 1,552.78

Dev Information Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,688.89 2,544.76 2,474.79 1,815.68 1,552.78

NSE:DEVIT vs IBM, ACN, FISV: Enterprise Value Comparison

For the Information Technology Services subindustry, Dev Information Technology's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dev Information Technology Enterprise Value vs Software Industry

For the Software industry and Technology sector, Dev Information Technology's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Dev Information Technology's Enterprise Value falls into.


NSE:DEVIT
69GF Score
Dev Information Technology Ltd NSE:DEVIT
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Dev Information Technology Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Dev Information Technology's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as

Dev Information Technology's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of ₹1,724 Mil mean?
Dev Information Technology (NSE:DEVIT) has a Enterprise Value of ₹1,724 Mil as of Jun. 26, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Dev Information Technology and its competitors.
Is Dev Information Technology's Enterprise Value too high?
Dev Information Technology's current Enterprise Value is ₹1,724 Mil. Overall, Dev Information Technology has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dev Information Technology's Enterprise Value compare to IBM and ACN?
Dev Information Technology's Enterprise Value of ₹1,724 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Software company?
A good Enterprise Value depends on the Software industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Dev Information Technology and its competitors. Dev Information Technology's current Enterprise Value is ₹1,724 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dev Information Technology stock overvalued right now?
Based on GuruFocus' analysis, Dev Information Technology (NSE:DEVIT) is currently considered Possible Value Trap. The stock's GF Value™ is ₹56.56, compared to a current price of ₹26.27 — trading 53.6% below its estimated fair value. The current Enterprise Value is ₹1,724 Mil. Dev Information Technology's overall GF Score™ is 69/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Dev Information Technology (NSE:DEVIT), the current Enterprise Value is ₹1,724 Mil as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dev Information Technology (NSE:DEVIT) Overvalued in 2026?

Based on GuruFocus' analysis, Dev Information Technology stock appears to be undervalued. The current stock price of ₹26.27 is trading 53.6% below its estimated GF Value™ of ₹56.56. GuruFocus considers Dev Information Technology to be Possible Value Trap.

Key valuation signals for NSE:DEVIT:

  • Enterprise Value: ₹1,724 Mil
  • GF Value™: ₹56.56 vs. price of ₹26.27 (53.6% below fair value)
  • GF Score™: 69/100 with 4 warning signs

No single metric tells the full story. See the NSE:DEVIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dev Information Technology Business Description

Other Exchanges 543462:India
Address Thaltej - Shilaj Road, 14, Aaryans Corporate Park, Near Shilaj Railway Crossing, Thaltej, Ahmedabad, GJ, IND, 380059
Dev Information Technology Ltd is engaged in providing information technology solutions and consultancy services in India. It offers advisory, architecture, implementation, and support services. The company provides various services namely enterprise applications and mobility, infrastructure management, cloud computing, digital services and licensing among others. It operates in a single segment being IT and IT enabled services.
69GF Score

Get the complete analysis for NSE:DEVIT

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹26.27
Price
₹56.56
GF Value