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Day High
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NSE Close — 25 Sep 2026
₹35.97
Change
-0.16 (-0.44%)
Open
₹36.13
Prev. Close
₹36.13
Day High
₹36.55
Day Low
₹35.2
Volume Analysis
Traded
179,787
Delivered
160,658
Delivery %
89.36%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (1)
- •Strong operating margin (50.0%)
Weaknesses (4)
- •High debt-to-equity ratio (2.05)
- •Low return on equity (6.6%)
- •Promoter holding is falling
- •Below-average fundamentals quality score (44/100)
Opportunities (1)
- •Strong 3-year revenue growth (47.8%)
Threats (1)
- •FII holding has been falling
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹37.97 | ₹37.26 | ₹36.62 | ₹35.91 | ₹35.27 | ₹34.56 | ₹33.92 |
| Fibonacci | ₹37.26 | ₹36.74 | ₹36.43 | ₹35.91 | ₹35.39 | ₹35.08 | ₹34.56 |
| Camarilla | ₹36.34 | ₹36.22 | ₹36.09 | ₹35.91 | ₹35.85 | ₹35.72 | ₹35.6 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
-12.27%
1 Week
+2.39%
1 Month
+0.14%
3 Months
+0.64%
6 Months
+6.36%
1 Year
-32.34%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹21.1
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
5.53%
Net margin 4.46% × asset turnover 0.35x × equity multiplier 3.54x
Company Overview
Sector
Services
Market Cap
₹329 Cr
P/E (TTM)
28.6
ROE
6.6%
Book Value
₹20.2
Face Value
₹2.0
Source: Screener.in (Consolidated figures) — data as of 23 Sep 2026. Not investment advice.
TopFund Analysis
Dev Accelerator Limited scores weakly on TopFund's composite fundamentals check within the Services sector, at 44/100. The strongest factor is Growth (100/100), while Financial Strength (0/100) is the weakest area to weigh before deciding. Notably: Strong operating margin (50.0%); high debt-to-equity ratio (2.05); low return on equity (6.6%). FII holding has been falling.
TopFund Score — Fundamentals Quality
44/100 — WeakData confidence: 76/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Debtor days have improved from 60.4 to 44.1 days.
- −Though the company is reporting repeated profits, it is not paying out dividend
- −Company has low interest coverage ratio.
- −Promoter holding has decreased over last quarter: -1.73%
- −Promoter holding is low: 35.1%
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
Management will attend Arihant Capital Bharat Connect Conference on September 30, 2026.
Promoters disclose encumbrance on shares for up to Rs100 crore NCD issue dated July 31, 2026.
Dev Accelerator to hold one-on-one non-deal roadshow with investors on September 10, 2026 in Mumbai.
Newspaper Publications - Post Dispatch Notice of Annual General Meeting to be held on Friday, September 25, 2026.
Dev Accelerator will hold its 6th AGM on September 25, 2026; annual report web link shared.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Sales + | 25 | 34 | 50 | 65 | 56 | 52 | 59 | 59 | 54 |
| Expenses + | 11 | 16 | 26 | 34 | 29 | 25 | 35 | 27 | 23 |
| Operating Profit | 14 | 18 | 24 | 31 | 26 | 26 | 24 | 32 | 30 |
| OPM % | 56.24% | 52.6% | 48.4% | 47.87% | 47.44% | 50.96% | 40.39% | 54.81% | 56.31% |
| Other Income + | 0 | 14 | 2 | 3 | 1 | 3 | 3 | 3 | 3 |
| Interest | 9 | 11 | 12 | 15 | 12 | 13 | 9 | 10 | 14 |
| Depreciation | 11 | 14 | 13 | 17 | 15 | 15 | 15 | 15 | 18 |
| Profit before tax | -6 | 7 | 1 | 3 | 1 | 2 | 3 | 11 | 2 |
| Tax % | 5.48% | 6.02% | 13.58% | 16.6% | 85.11% | -3.55% | 139.3% | 24.1% | 4.46% |
| Net Profit + | -6 | 6 | 1 | 2 | 0 | 2 | -1 | 8 | 2 |
| EPS in Rs | -4,295 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Raw PDF | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|
| Sales + | 31 | 70 | 108 | 159 | 226 | 224 |
| Expenses + | 17 | 40 | 43 | 78 | 117 | 111 |
| Operating Profit | 14 | 30 | 65 | 80 | 109 | 113 |
| OPM % | 45.0% | 43.0% | 60.0% | 51.0% | 48.0% | 50.0% |
| Other Income + | 0 | 2 | 3 | 19 | 10 | 11 |
| Interest | 7 | 17 | 31 | 45 | 44 | 46 |
| Depreciation | 15 | 30 | 45 | 52 | 59 | 62 |
| Profit before tax | -8 | -16 | -9 | 3 | 16 | 16 |
| Tax % | -9.0% | -20.0% | -105.0% | 34.0% | 44.0% | — |
| Net Profit + | -8 | -13 | 0 | 2 | 9 | 10 |
| EPS in Rs | -6,954 | -10,516 | 316 | 0 | 1 | 1 |
| Dividend Payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Reserves | -6 | -2 | 25 | 38 | 164 |
| Borrowings + | 89 | 239 | 328 | 389 | 374 |
| Other Liabilities + | 18 | 46 | 57 | 100 | 88 |
| Total Liabilities | 101 | 282 | 411 | 540 | 644 |
| Fixed Assets + | 79 | 228 | 269 | 293 | 261 |
| CWIP | 0 | 0 | 0 | 0 | 70 |
| Investments | 1 | 1 | 9 | 53 | 39 |
| Other Assets + | 21 | 54 | 133 | 193 | 274 |
| Total Assets | 101 | 282 | 411 | 540 | 644 |
| Equity Capital | 0 | 0 | 0 | 13 | 18 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Cash from Operating Activity + | 14 | 26 | 8 | 94 | 90 |
| Cash from Investing Activity + | -7 | -24 | -41 | -66 | -121 |
| Cash from Financing Activity + | -6 | -4 | 33 | -25 | 49 |
| Net Cash Flow | 1 | -1 | 0 | 3 | 18 |
| CFO/OP | 107 | 93 | 16 | 130 | 83 |
| Free Cash Flow | 7 | 2 | -26 | 82 | -8 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|
| Public | 52.85% | 55.28% | 56.82% | 59.62% |
| Promoters | 36.81% | 36.81% | 36.81% | 35.08% |
| FII | 3.37% | 2.34% | 1.43% | 1.36% |
| DII | 6.96% | 5.56% | 4.94% | 3.92% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Services — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Dev Accelerator Limited (this stock) | 329 | 28.6 | 1.73 | 6.6% |
| Essar Shipping Ltd | 339 | — | -0.16 | — |
| Dreamfolks Services Ltd | 340 | 32.0 | 1.08 | 3.76% |
| Avg Logistics Limited | 310 | 25.1 | 1.14 | 3.89% |
| Highway Infrastructure L | 309 | 12.0 | 1.36 | 18.8% |
| Om Freight Forwarders Ltd | 305 | 15.2 | 1.47 | 8.57% |
| Transworld Ship Lines Ltd | 365 | — | 0.54 | -10.8% |
Which Mutual Funds Hold Dev Accelerator Limited?
Frequently Asked Questions about Dev Accelerator Limited
Dev Accelerator Limited (DEVX) closed at ₹35.97 on NSE on 25 September 2026, down 0.16 (0.44%) from the previous close.
Dev Accelerator Limited trades on the NSE (National Stock Exchange of India) under the symbol DEVX.
Dev Accelerator Limited has a trailing twelve-month P/E (price-to-earnings) ratio of 28.6.
Dev Accelerator Limited has a dividend yield of 0.0%.
Dev Accelerator Limited's 52-week high is ₹57.1 and its 52-week low is ₹30.0.
Dev Accelerator Limited has a market capitalisation of ₹329 crore.
Dev Accelerator Limited has a TopFund Quality Score of 44/100 (Weak), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
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