Dev Accelerator (NSE:DEVX) Interest Expense: ₹-322 Mil (TTM As of Mar. 2026)


NSE:DEVX Dev Accelerator Ltd NSE:DEVX
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What is Dev Accelerator Interest Expense?

Dev Accelerator NSE:DEVX -1.11% 10 Interest Expense is ₹-322 Mil as of Mar. 2026. GuruFocus rates NSE:DEVX with a GF Score™ of 10/100. The stock has 4 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dev Accelerator's interest expense for the three months ended in Mar. 2026 was ₹ -103 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-322 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Dev Accelerator's Operating Income for the three months ended in Mar. 2026 was ₹ 179 Mil. Dev Accelerator's Interest Expense for the three months ended in Mar. 2026 was ₹ -103 Mil. Dev Accelerator's Interest Coverage for the quarter that ended in Mar. 2026 was 1.74. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Dev Accelerator  (NSE:DEVX) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Dev Accelerator's Interest Expense for the three months ended in Mar. 2026 was ₹-103 Mil. Its Operating Income for the three months ended in Mar. 2026 was ₹179 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was ₹2,603 Mil.

Dev Accelerator's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*178.898/-102.837
=1.74

* 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.

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Dev Accelerator Ltd interest coverage is 1.2, which is low.

Dev Accelerator Interest Expense Historical Data

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The historical data trend for Dev Accelerator's Interest Expense 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 Accelerator Interest Expense Chart

Dev Accelerator Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Interest Expense
-69.14 -167.75 -309.54 -445.54 -444.35

Dev Accelerator Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Interest Expense Get a 7-Day Free Trial Premium Member Only -122.06 -151.79 -126.42 -92.48 -102.84
NSE:DEVX
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Dev Accelerator Ltd NSE:DEVX
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Dev Accelerator Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense 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 ₹-322 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of ₹-322 Mil mean?
Dev Accelerator (NSE:DEVX) has a Interest Expense of ₹-322 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Dev Accelerator and its competitors.
Is Dev Accelerator's Interest Expense too high?
Dev Accelerator's current Interest Expense is ₹-322 Mil. Overall, Dev Accelerator has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Dev Accelerator's Interest Expense compare to CBRE and BEKE?
Dev Accelerator's Interest Expense of ₹-322 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Real Estate company?
A good Interest Expense depends on the Real Estate industry context. However, Interest Expense 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 Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Dev Accelerator and its competitors. Dev Accelerator's current Interest Expense is ₹-322 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dev Accelerator stock overvalued right now?
Dev Accelerator (NSE:DEVX) has a current Interest Expense of ₹-322 Mil. The current Interest Expense is ₹-322 Mil. Dev Accelerator's overall GF Score™ is 10/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Dev Accelerator (NSE:DEVX), the current Interest Expense is ₹-322 Mil as of Mar. 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.

Dev Accelerator Business Description

Other Exchanges 544513:India
Address Near Shivalik High-Street, A - 1101, B - 1101, The First, Behind Keshavbaug Party Plot, Vastrapur, Ahmedabad, GJ, IND, 380015
Dev Accelerator Ltd is one of the flex space operators. Its comprehensive office space solutions include sourcing office spaces, customizing designs, developing spaces and providing technology solutions to providing complete asset management. Its clientele comprises of large corporates, MNCs and SMEs, to whom the company offers a variety of flexible office space solutions such as managed office spaces and coworking spaces as well as design and execution services through its Subsidiary. The flexible workspace solutions provided by the company at its Centers are divided in the following segments: Managed office spaces, Coworking spaces, Design and execution services, Payroll management services, Facility management services, and IT/ITes services.
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