Dev Accelerator Ltd (DEVX) — shareholding pattern, promoter holding, financials and share price
About Dev Accelerator Ltd (DEVX)
Dev Accelerator Ltd operates in the Diversified Commercial Services industry, within the Services sector. It trades on the NSE as DEVX and on the BSE under scrip code 544513. Its ISIN is INE0VOV01021.
Established in 2017, Dev Accelerator Limited, commonly known as DevX, provides flexible office spaces, including coworking environments [1]
Dev Accelerator Limited specializes in providing flexible office solutions and managed workspaces, primarily in India's Tier 2 cities, with expanding operations into Tier 1 markets.
The company recently secured a landmark contract for an 8 lakh square feet managed office space in Ahmedabad, highlighting its capacity expansion and leadership in flexible office solutions.
Listed peers in Diversified Commercial Services: Majestic Auto Ltd, Nilkanth Engineering Ltd, Yaap Digital Ltd, Apollo Sindoori Hotels Ltd, Cash UR Drive Marketing Limited, Arihant Academy Ltd.
Valuation & Returns
10 Jul 2026At ₹35.2 a share on 10 Jul 2026, Dev Accelerator Ltd (DEVX) was valued at a price-to-earnings ratio of 37.68x against an industry P/E of 21.24x and a price-to-book of 6.5x on a book value of ₹5.41 per share as of Mar 2025. Solomo computes return on equity of 17.26% and return on capital employed of 13.66% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 37.68x
- Industry P/E
- 21.24x
- P/B
- 6.5x
- EPS (TTM)
- ₹0.93
- Book value / share
- ₹5.41
- ROE
- 17.26%
- ROCE
- 13.66%
- ROA
- 1.64%
- Debt / equity
- 7.6x
- Dividend yield
- 0%
- EBITDA margin
- 52.68%
- 52-week range
- ₹30.01 – ₹64.36
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Dev Accelerator Ltd (DEVX) reported revenue of ₹226 crore, net profit of ₹9 crore and earnings per share of ₹0.98. That compares with revenue of ₹159 crore and net profit of ₹2 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹59.26 crore and net profit ₹7.96 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 31 | 70 | 108 | 159 | 226 |
| Net profit (₹ cr) | -8 | -13 | 0 | 2 | 9 |
| EPS (₹) | -6,953.7 | -10,516.39 | 316.18 | 0.26 | 0.98 |
| Measure | 3Y | 1Y |
|---|---|---|
| Sales growth | 127.69% | 46.99% |
| Profit growth | - | 302.27% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 35.09% of Dev Accelerator Ltd (DEVX) (down 1.72 pp QoQ), foreign institutional investors (FII) hold 1.36% and domestic institutional investors (DII) hold 3.93%. Market capitalisation was ₹333 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2025.
Largest disclosed public shareholders in Jun 2026: PARASHWANATH LAND ORGANISERS LLP 7.17%, INFIBEAM PROJECTS MANAGEMENT PRIVATE LIMITED 4.7%, KALPESH HARAKHCHAND GALA 4.57%, UNMAJ CORPORATION LLP 4.15%, PARBHUDAS KISHORDAS TOBACCO PRODUCTS PRIVATE LIMITED 2.99%, AMIT RANCHHODLAL CHOKSHI 2.22%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 35.09% | - | 1.36% | 3.93% | 64.91% |
| Mar 2026 | 36.81% | - | 1.43% | 4.94% | 63.19% |
| Dec 2025 | 36.81% | - | 2.34% | 5.56% | 63.19% |
| Sep 2025 | 36.81% | - | 3.37% | 6.96% | 63.19% |