Dev Accelerator (NSE:DEVX) ROCE %: 17.01% (As of Mar. 2026)


NSE:DEVX Dev Accelerator Ltd NSE:DEVX
10 GF Score
Price ₹35.72
! 4 Warning Signs
View Full Analysis

What is Dev Accelerator ROCE %?

Dev Accelerator NSE:DEVX -1.11% 10 ROCE % is 17.01% as of Mar. 2026. GuruFocus rates NSE:DEVX with a GF Score™ of 10/100. The stock has 4 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Dev Accelerator's annualized ROCE % for the quarter that ended in Mar. 2026 was 17.01%.

Dev Accelerator  (NSE:DEVX) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Dev Accelerator ROCE % Related Terms

Dev Accelerator ROCE % Historical Data

* Premium members only.

The historical data trend for Dev Accelerator's ROCE % 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 ROCE % Chart

Dev Accelerator Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
-1.77 0.51 8.74 13.66 13.68

Dev Accelerator Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only 13.96 18.14 13.08 9.72 17.01
NSE:DEVX
10GF Score
Dev Accelerator Ltd NSE:DEVX
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dev Accelerator ROCE % Calculation

Dev Accelerator's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=601.48/( ( (5403.76 - 1497.94) + (6439.819 - 1554.008) )/ 2 )
=601.48/( (3905.82+4885.811)/ 2 )
=601.48/4395.8155
=13.68 %

Dev Accelerator's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=831.224/( ( (0 - 0) + (6439.819 - 1554.008) )/ 1 )
=831.224/( ( 0 + 4885.811 )/ 1 )
=831.224/4885.811
=17.01 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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 ROCE % →
What does a ROCE % of 17.01% mean?
Dev Accelerator (NSE:DEVX) has a ROCE % of 17.01% as of Mar. 2026.
Is Dev Accelerator's ROCE % too high?
Dev Accelerator's current ROCE % is 17.01%. The Real Estate industry median ROCE % is 4.66. Dev Accelerator's value of 17.01% is 265% above this industry median. 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 ROCE % compare to CBRE and BEKE?
Dev Accelerator's ROCE % of 17.01% can be compared against companies in the Real Estate industry. The industry median ROCE % is 4.66. Dev Accelerator's value of 17.01% is 265% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Real Estate company?
The median ROCE % among Real Estate companies is 4.66, based on 1,757 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dev Accelerator's current ROCE % of 17.01% is 265% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Real Estate industry, the median ROCE % is 4.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dev Accelerator's current ROCE % is 17.01%. 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 ROCE % of 17.01%. The current ROCE % is 17.01% and 265% above the Real Estate industry median of 4.66. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Dev Accelerator (NSE:DEVX), the current ROCE % is 17.01% 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.
10GF Score

Get the complete analysis for NSE:DEVX

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

₹35.72
Price