Slide 1: Exchange filing cover letter
Dev Information Technology Limited Reg. Office: 14, Aaryans Corporate Park, Near Shilaj Railway Crossing, Thaltej-Shilaj Road, Thaltej, Ahmedabad - 380 059. (INDIA) Phone: +91 94298 99852 / 53 www.devitpl.com | info@devitpl.com Offices: Gujarat | Maharashtra | Rajasthan | Canada CIN: L30000GJ1997PLC
Slide 2: Q4 FY25 Investor Presentation
DEV Information Technology Limited Q4 FY25 Investor Presentation
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the Presentation), which have been prepared by DEV Information Technology Limited (DEV IT, The Company) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities
Slide 4: Q4 FY25 Financial Highlights
Q4 FY25 Financial Highlights
Slide 5: Q4 FY25 Consolidated Key Financials Highlights
Q4 FY25 Consolidated Key Financials Highlights Total Income EBITDA EBITDA Margin (%) Net Profit Net Profit Margin (%) 517.84 67.33 42.83 29.88 439.69 15.31 9.74 11.35 5.77 2.19 Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 All Amount In ₹ Mn & Margins In % DEV Information Technology Limited 4
Slide 6: Q4 FY25 Consolidated Profit & Loss Statement
Q4 FY25 Consolidated Profit & Loss Statement In ₹ Mn Particulars Q4 FY25 Q4 FY24 Net Sales 515.53 434.36 Other Income 2.31 5.33 Total Income 517.84 439.69 Raw Material Expenses 251.31 163.12 Employee Benefit Expenses 208.85 192.61 Other expenses 27.80 16.63 Total Expenditure 487.96 372.36 EBITDA 29.
Slide 7: Management's Comment On The Financial Performance Of Q4 FY25
Management’s Comment On The Financial Performance Of Q4 FY25 “This year has been a period of consistent progress and strategic growth for our company. We have continued to strengthen our presence across key service areas such as cybersecurity, cloud solutions, and digital transformation. Our ability
Slide 8: Company Overview
KKK Company Overview
Slide 9: DEV IT: Innovating IT Solutions For A Digital Future
DEV IT: Innovating IT Solutions For A Digital Future DEV Information Technology Limited (DEV IT, The Company) is one of the leading providers of integrated IT services and solutions. The Company specializes in Cloud Services, Digital Transformation, Enterprise Applications, Managed IT Services and B
Slide 10: Quantifying Success: Key Stats
Quantifying Success: Key Stats 25+ 1,800+ 20+ Years of Experience Completed Projects Industries Served 600+ 1,000+ 90% Clients Served Passionate Workforce Client Retention Rate FY25 Consolidated Financial Highlights ₹ 1,839.09 Mn ₹ 237.18 Mn ₹ 147.80 Mn Total Income EBITDA Net Profit DEV Information
Slide 11: Strength In Strategy: Vision, Mission & Core Values
Strength In Strategy: Vision, Mission & Core Values Vision Mission Core Values Be a trusted, technology Listen to customer, At the heart of our neutral and value-based explore technological culture lie our core end-to-end IT partner for alternatives, deliver values, guiding our organizations across
Slide 12: From Vision To Reality: Key Chapters Of Growth
From Vision To Reality: Key Chapters Of Growth 1997 2000 2010 2012 Foundation and Vision Government Accreditation Strategic Expansion International Expansion Founded as a Microsoft Accredited as a Total Expanded into Managed IT Services Established a subsidiary, DEV ISV partner in Gujarat Solution P
Slide 13: Awards & Accolades: The Hallmarks Of Excellence
Awards & Accolades: The Hallmarks Of Excellence 2024 2023 Gavriella Schuster IAMCP D&I Partner of the Year | MICROSOFT | Best Emerging SI Partner CRN | Blockchain IP Creation Rising Star (Enterprise) 2022 Channels Award | The Futuristic 100 VAR INDIA | Best Digital Channel World India Premier 100 IA
Slide 14: Awards & Accolades: The Hallmarks Of Excellence
Awards & Accolades: The Hallmarks Of Excellence 2021 HR Excellence Awards Best Solution Partner ISV SME Channels Super SME CHANNELS | ISV of India Channel World Premier 100 for best organizational practices at the 20th Star Night Awards Hero Award Award, Resilient 100 in Employee Relations & Pandemi
Slide 15: Awards & Accolades: The Hallmarks Of Excellence
Awards & Accolades: The Hallmarks Of Excellence 2019 Best SI Managed Services Provider Award One of the Torch Bearers of Gujarat IT Industry IDG Channel World Premier 100 Awards by GESIA IT by GESIA IT Association SKOCH Achiever Order-of-Merit Award ISODA Award for Business Excellence TECHPLUS MEDIA
Slide 16: DEV IT's Presence
DEV IT’s Presence United States United Kingdom United States France Jaipur, Rajasthan United States Ahmedabad, Gujarat Pune, Maharashtra Kochi, Kerla Saudi Arabia Head Office India Branch Offices Subsidiary Partners Australia Clients The map is not to scale and is for illustrative purposes only. DEV
Slide 17: Trusted Partnerships & Proven Excellence
Trusted Partnerships & Proven Excellence Key Partners Certifications DEV Information Technology Limited 16
Slide 18: Marquee Clients In Private Sector
Marquee Clients In Private Sector The Company Has An Extensive Portfolio Of Over 250 Clients In The Private Sector DEV Information Technology Limited 17
Slide 19: Marquee Clients In Government Sector
Marquee Clients In Government Sector The Company Has An Extensive Portfolio Of Over 100 Clients In The Government Sector DEV Information Technology Limited 18
Slide 20: DEV Labs: Leading The Way In Innovation Through Creative Thinking
DEV Labs: Leading The Way In Innovation Through Creative Thinking DEV Labs The R&D lab is recognized as the cornerstone of the company, driving the development of cutting-edge solutions that ensure the company remains at the forefront of technological advancements. Major Focus Artificial Intelligenc
Slide 21: Strategic Acquisition: Acquires 100% Ownership in Dhyey Consulting Services
Strategic Acquisition : Acquires 100% Ownership in Dhyey Consulting Services DCS specializes in Microsoft Dynamics 365 & Power Platform solutions Dhyey’s Expertise 300+ successful global Microsoft Dynamics 365 & implementations Power Platform solutions Prominent Clients Gujarat Urja Vikas Nigam Ltd
Slide 22: Order Wins: Building Unstoppable Momentum in the Business
Order Wins: Building Unstoppable Momentum in the Business Order from CMO Order from Gujarat Order from RajCOMP Order from RajCOMP Order from RajCOMP Office Gujarat State Fertilizers & Info Services Ltd. Info Services Ltd. Info Services Ltd. Government Chemicals Limited. Study, Design, Study, Design,
Slide 23: Management Overview
KKK Management Overview
Slide 24: Steering Success: The Visionaries Of The Board
Steering Success: The Visionaries Of The Board Pranav Pandya Jaimin Shah Vishal Vasu Prerak Shah Founder & Chairman MD & CEO Director & CTO Ext. Director & JT. CEO 30+ Years of Experience 28+ Years of Experience 30+ Years of Experience 28+ Years of Experience DEV Information Technology Limited 23
Slide 25: Independent Leadership: Driving Governance
Independent Leadership: Driving Governance Dr. V V Rama Subba Rao Mr. Umesh Rateja Dr. Rama Moondra Mr. Bhavin Bhagat Independent Director Independent Director Independent Director Independent Non-Executive Director 36+ Years of Experience 28+ Years of Experience 35+ Years of Experience 25+ Years of
Slide 26: Business Overview
KKK Business Overview
Slide 27: DEV IT's Comprehensive Solutions
DEV IT’s Comprehensive Solutions IT Services IT Products Co Working Space • Cloud Services • Digital Transformation • Enterprise Application • Managed IT Services • Application Development DEV Information Technology Limited 26
Slide 28: Empowering Businesses with Comprehensive Digital Solutions
Empowering Businesses with Comprehensive Digital Solutions Optimized cloud solutions for the modern o Cloud Advisory enterprise can boost business efficiency o Application Modernization Cloud Services and scalability. A cloud solution provider o Managed Cloud Services tailors services to meet the ev
Slide 29: Empowering Businesses with Comprehensive Digital Solutions
Empowering Businesses with Comprehensive Digital Solutions Businesses can empower themselves with agile enterprise business applications. By o Microsoft D365 F&O Enterprise utilizing ERP and CRM solutions, they can o Microsoft D365 CRM navigate the modern business landscape D365 Business Central App
Slide 30: Cybersecurity Services
Cybersecurity Services Threat & Vulnerability Management Managed SOC Services • Vulnerability Assessment • 24x7 Security Monitoring • Penetration Testing • Threat Detection & Response • Remediation • Security Information & Event Management • Threat Hunting Reporting Cyber Security Consulting Managed
Slide 31: ByteSIGNER: Streamlining Digital Signing For Businesses
ByteSIGNER: Streamlining Digital Signing For Businesses ByteSIGNER is a desktop application that streamlines digital signing and supports bulk signing of PDFs, promoting efficiency and a paperless office for enterprises of all sizes. Key Features Bulk PDF Signing Manual and Automated Options Customi
Slide 32: Talligence: Transforming Tally Data Into Strategic Insights
Talligence: Transforming Tally Data Into Strategic Insights Talligence is an AI/ML business intelligence tool that converts Tally® accounting data into actionable insights for smarter, data-driven decisions without needing specialized skills. Key Features Secure, Encrypted Data Insightful Dashboards
Slide 33: DEVX: Pioneering Managed Office Spaces & Startup Ecosystem
DEVX: Pioneering Managed Office Spaces & Startup Ecosystem DEVX, headquartered in Ahmedabad, is one of the leading provider of managed office spaces and a key player in India’s startup accelerator ecosystem. Offering fully customized office solutions, DEVX manages everything from setup to daily oper
Slide 34: DEVX: Network Of Co-Working Spaces
DEVX: Network Of Co-Working Spaces Noida Jaipur Occupied Seats & Occupancy Udaipur 14,000 86% 100% Ahmedabad Rajkot Gandhinagar 78% 90% Vadodara Indore 12,000 13,140 80% 10,000 70% Mumbai 10,232 53% 60% Pune 8,000 Hyderabad 50% 6,000 40% 4,000 30% 4,334 20% 2,000 10% 0 0% FY23 FY24 FY25 Occupied Sea
Slide 35: Revenue Bifurcation by Client Segment
Revenue Bifurcation by Client Segment FY25 FY24 In % InIn%% FY23 40.31% 59.69% 49.38% 50.62% 49.62% 50.38% Government Corporate In ₹ Mn Particulars FY25 FY24 FY23 Government 607 796 614 Corporate 899 777 605 Total 1,506 1,572 1,219 DEV Information Technology Limited 34
Slide 36: Region Wise Revenue Distribution
Region Wise Revenue Distribution FY25 FY24 In % InIn%% FY23 18.00% 24.00% 29.35% 70.65% 76.00% 82.00% Domestic International In ₹ Mn Particulars FY25 FY24 FY23 Domestic 1,064 1,294 930 International 442 278 289 Total 1,506 1,572 1,219 In FY25, domestic revenue contribution 70.65%, while internationa
Slide 37: Talent Expansion: Building A Stronger Tomorrow
Talent Expansion: Building A Stronger Tomorrow Workforce No. of Employees 1031 947 930 924 1,000 181 Current Employees Net Addition In FY24 749 ~6.00% 13.01% DEV IT’s Attrition Industry’s Rate Attrition Rate 2021 2022 2023 2024 2025 Source of IT Industry Attrition Rate: www.livemint.com DEV Informat
Slide 38: Industry Overview
KKK Industry Overview
Slide 39: Global Technology Sector Outlook: Challenges & Projected Growth
Global Technology Sector Outlook: Challenges & Projected Growth The technology sector, after rapid pandemic-driven growth, now faces challenges like high inflation, rising interest rates, and global uncertainties, leading to reduced demand and layoffs. Despite this, modest growth is projected for 20
Slide 40: Navigating India's IT Industry Landscape
Navigating India’s IT Industry Landscape IT & BPM sector contributed 7.5% to India’s GDP in FY22-23, projected to reach 10% by FY24-25. Software Product Sector Expansion AI/Data Annotation Expansion Expected to reach USD 100 Bn market Expected to reach USD 7 Bn market by 2030 by 2025 (from USD 250 M
Slide 41: Driving Digital Transformation: Government's Strategic Initiatives
Driving Digital Transformation: Government’s Strategic Initiatives India AI Mission Affordable Data Costs In March 2024, the Indian Cabinet India maintains its position as a approved an impressive ₹ 10,300 Cr leader in affordable data, with costs for the India AI Mission, marking a remaining at just
Slide 42: Co-Working Spaces: Empowering Startups and Growth
Co-Working Spaces: Empowering Startups and Growth The global Co-working Space Market size was valued nearly USD 9.27 The India co-working office spaces market is valued at USD 1.94 Bn in Bn in 2023 and is expected to grow at a CAGR of 6.80% over 2024- 2024 and is expected to reach USD 2.72 Bn by 202
Slide 43: Market Trends in Co-working space
Market Trends in Co-working space Changing Employee Needs Flexible Tariffs High demand for hybrid and flexible Customizable service work patterns; employees seek safe, packages to suit business secure workplaces that enhance needs. connectivity. SME Adoption Cost Efficiency Co-working spaces are Sig
Slide 44: Financial Overview
KKK Financial Overview
Slide 45: Consolidated Key Financials Highlights
Consolidated Key Financials Highlights Total Income EBITDA EBITDA Margin (%) Net Profit Net Profit Margin (%) 14.00 12.90 250.00 9.00 160.00 1,839.09 8.04 8.00 1,651.16 237.18 140.00 12.00 147.80 10.60 200.00 7.00 6.88 9.27 120.00 1,311.23 10.00 5.74 6.00 100.00 150.00 8.00 153.11 5.00 94.76 138.93
Slide 46: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement In ₹ Mn Particulars FY25 FY24 FY23 Net Sales 1706.64 1635.76 1,241.55 Other Income 132.45 15.40 69.68 Total Income 1839.09 1651.16 1,311.23 Raw Material Expenses 662.36 710.10 607.10 Employee Benefit Expenses 853.05 722.47 512.85 Other expenses 86.50 65.47 52.36
Slide 47: Consolidated Balance Sheet
Consolidated Balance Sheet In ₹ Mn Equity & Liabilities FY25 FY24 FY23 Assets FY25 FY24 FY23 Equity 112.67 112.42 110.59 Non Current Assets Reserves 573.55 442.09 304.87 Fixed Assets 267.23 252.41 153.87 Non Controlling Interests 1.41 28.32 0.61 Net Worth 686.22 554.51 416.07 Non Current Investments
Slide 48: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement In ₹ Mn Particulars FY25 FY24 FY23 Cashflow from Operations -88.72 -7.92 -16.48 Cashflow from Investments 93.14 -21.05 -6.49 Cashflow from Financing -19.39 38.01 -43.32 DEV Information Technology Limited 47
Slide 49: Consolidated Key Ratios
Consolidated Key Ratios (In %) (In %) ROE ROCE 21.71 21.54 25.88 23.77 17.09 20.30 FY23 FY24 FY25 FY23 FY24 FY25 (In Times) (In Times) Debt To Equity Interest Coverage Ratio 0.27 0.23 9.81 9.11 7.96 0.17 FY23 FY24 FY25 FY23 FY24 FY25 DEV Information Technology Limited 48
Slide 50: Consolidated Key Ratios
Consolidated Key Ratios (In Times) (In Times) Current Ratio Fixed Asset Turnover Ratio 8.10 2.10 2.08 6.50 6.40 1.91 FY23 FY24 FY25 FY23 FY24 FY25 (In ₹) (In ₹) Earnings Per Share Book value 6.60 30.45 24.66 4.06 4.18 18.78 FY23 FY24 FY25 FY23 FY24 FY25 DEV Information Technology Limited 49
Slide 51: Stock Data
Stock Data As on 4-06-2025 As on 31-03-2025 NSE – DEVIT BSE - 543462 Shareholding Pattern Share Price (₹) 104.01 Market Capitalization (₹ Cr) 234.38 33.37 Promoter & Promoter Group No. of Shares Outstanding 2,25,34,093 Public 66.63 Face Value (₹) 5.00 52 week High-Low (₹) 191.00 – 94.43 Share Perfor
Slide 52: Scaling New Heights: 2026 Strategy for Expansion & Innovation
Scaling New Heights: 2026 Strategy for Expansion & Innovation Geographical Technology Profit & Revenue Strategic Export Revenue Expansion Enhancement Target Acquisition Target Aim to grow profits and revenue 1.5x by enhancing Enhance technology Target for around 100% efficiency, innovation, Strength
Slide 53: Strategic Investment Rationale: Sustained Growth and Stability
Strategic Investment Rationale: Sustained Growth and Stability Strong Financial Performance Experienced Leadership The company has shown strong financial growth with a 17.24% The company’s management team has 75+ years of combined CAGR growth in revenue and 28% CAGR growth in PAT from experience, wh
Slide 54: Thank You
DEV Information Technology Limited 14, Aaryans Corporate Park, Thaltej-Shilaj Rd, Thaltej, Ahmedabad - 380059, Gujarat (IN) krisa.patel@devitpl.com E-mail: krisa.patel@devitpl.com Phone: +91 94298 99852 | +91 98791 07870 Website: www.devitpl.com Thank You Kirin Advisors Private Limited 713-B, Lodha