Dev Information Technology Limited (DEVIT) Earnings Call Transcripts

Dev Information Technology Limited's Latest Earnings Call - Q4 FY2026

In Q4 FY '26, Dev Information Technology Limited (DEVIT:IN) reported a total income of INR 56 crores, reflecting an 8.1% year-on-year growth. The company achieved a significant EBITDA growth of 68.5% to INR 5.04 crores, with an improved EBITDA margin of 8.99%. However, net profit surged to INR 8.96 crores from INR 1.13 crores in the same quarter last year, driven by operational efficiencies. Management maintained its revenue guidance for FY '27 at INR 200 crores, with expectations of 15-20% growth in FY '28, indicating a positive outlook for the upcoming fiscal years.

Reported metrics

Guidance from management

Management expects FY '27 revenue to reach INR 200 crores, with a growth target of 15-20% for FY '28, indicating confidence in future performance.

What management said

Yes. So about the company, Xduce is extremely strong in enterprise BFSI, healthcare and government education sector in U.S. And Dev IT, we are extremely strong in offshore delivery, Microsoft technologies, processes and we level customer delivery. So this will give us a strengthening. This will strengthen both the company's delivery as well as, you can say, front-end or positioning to a newer customers as well as exi...

So as far as next 2 to 3 years are concerned, currently, in this year, as the integration and various processes set is going on. So this year, we are expecting around $1 million to $2 million business from Xduce, and from next year, from FY '27, we are expecting around a $3 million to $5 million of business, and that will grow 15% to 20% year-on-year.

What analysts pressed on

Analysts expressed concerns regarding the slow revenue growth of only 5% in FY '26 and the impact of geopolitical risks on future performance. There were inquiries about the company's ability to sustain profitability while focusing on the domestic market.

Main topics on the call

• Revenue Growth Strategy — Management emphasized a strategic focus on the Indian market to mitigate geopolitical risks, stating, "we decided to focus mainly on revenue, existence and India market so that our revenue growth... remains intent." This...
• Partnership with Xduce — The acquisition of a 25% stake by Xduce is expected to enhance Dev IT's capabilities in high-growth areas such as AI and cybersecurity. CEO Jaimin Shah noted, "Xduce being a North America company... will strengthen both ...
• EBITDA Margin Improvement — Despite revenue growth, EBITDA margins improved significantly by 322 basis points to 8.99%. Management attributed this to operational efficiencies, stating, "the improvement in profitability reflects our continued focus ...
• Future Revenue Guidance — Management maintained revenue guidance for FY '27 at INR 200 crores, with expectations of 15-20% growth in FY '28. Shah stated, "we are expecting around a $3 million to $5 million of business from Xduce, and that will gr...

Read the full Dev Information Technology Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 2 Dev Information Technology Limited earnings call transcripts on record, spanning February 24, 2025 to June 9, 2026. The most recent call on file is dated June 9, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

DEVIT

Exchange

NSEI

Country

IN

Sector

Information Technology

Industry

IT Services

Calls on record

2

First call

February 24, 2025

Most recent

June 9, 2026