Dev Information Technology (NSE:DEVIT) Research & Development: ₹0 Mil (TTM As of Mar. 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 Research & Development?

Dev Information Technology NSE:DEVIT +0.11% 69 Research & Development is ₹0 Mil as of Mar. 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.

Research & Development is the aggregate amount of research and development expenses during the year. Dev Information Technology's Research & Development for the three months ended in Mar. 2026 was ₹0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil.

Dev Information Technology  (NSE:DEVIT) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Dev Information Technology Research & Development Related Terms

Dev Information Technology Research & Development Historical Data

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The historical data trend for Dev Information Technology's Research & Development 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 Research & Development Chart

Dev Information Technology Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
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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
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NSE:DEVIT
69GF Score
Dev Information Technology Ltd NSE:DEVIT
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Dev Information Technology Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of ₹0 Mil mean?
Dev Information Technology (NSE:DEVIT) has a Research & Development of ₹0 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Dev Information Technology and its competitors.
Is Dev Information Technology's Research & Development too high?
Dev Information Technology's current Research & Development is ₹0 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 Research & Development compare to IBM and ACN?
Dev Information Technology's Research & Development of ₹0 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 Research & Development for a Software company?
A good Research & Development depends on the Software industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Dev Information Technology and its competitors. Dev Information Technology's current Research & Development is ₹0 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 Research & Development is ₹0 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 Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Dev Information Technology (NSE:DEVIT), the current Research & Development is ₹0 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.

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:

  • Research & Development: ₹0 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

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

₹26.27
Price
₹56.56
GF Value