DEV ACCELERATOR LIMITED (DEVX) financials

DEV ACCELERATOR LIMITED (DEVX) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Established in 2017, Dev Accelerator Limited, commonly known as DevX, provides flexible office spaces, including coworking environments[1]

Market Cap: ₹401Cr.
Current Price: ₹42.4
Stock P/E: 78.4
ROE: 1.16%
ROCE: 11.1%
Book Value: ₹19.5
Dividend Yield: 0.00%
52W High / Low: ₹50.3/30.0

In Jun 2026, DEV ACCELERATOR LIMITED (DEVX) reported sales ₹41.98 Cr and net profit ₹2.00 Cr.

Annual TTM: sales ₹174 Cr, net profit ₹4 Cr.

Shareholding: Promoters 35.08% (Jun 2026), FIIs 1.36% (Jun 2026), DIIs 3.92% (Jun 2026), Public 59.62% (Jun 2026), No. of Shareholders 19,078% (Jun 2026).

DEVX quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	31.44	27.16	44.41	38.94	41.52	43.50	46.96	41.98
Expenses	13.36	11.52	16.02	13.58	13.87	20.75	19.23	14.27
Operating Profit	18.08	15.64	28.39	25.36	27.65	22.75	27.73	27.71
OPM %	57.51%	57.58%	63.93%	65.13%	66.59%	52.30%	59.05%	66.01%
Other Income	14.56	3.97	2.91	2.22	1.11	3.53	2.78	5.07
Interest	11.34	9.25	15.12	12.14	12.45	9.15	10.27	13.72
Depreciation	14.43	10.11	16.53	14.49	14.77	14.92	14.60	17.64
Profit before tax	6.87	0.25	-0.35	0.95	1.54	2.21	5.64	1.42
Tax %	5.82%	-184.00%	-214.29%	56.84%	11.69%	140.27%	68.44%	-40.85%
Net Profit	6.47	0.71	0.40	0.40	1.35	-0.89	1.77	2.00
EPS in Rs	0.97	0.11	0.06	0.06	0.15	-0.10	0.20	0.21
Raw PDF	—	—	—	—	—	—	—	—

DEVX profit and loss (₹ Cr.)
Category	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	8	24	61	99	127	171	174
Expenses	4	10	31	34	51	67	68
Operating Profit	4	14	30	65	76	103	106
OPM %	49%	59%	50%	66%	60%	61%	61%
Other Income	1	1	1	2	22	10	12
Interest	3	7	17	31	44	44	46
Depreciation	5	15	30	45	52	59	62
Profit before tax	-3	-8	-16	-9	1	10	11
Tax %	5%	-9%	-20%	-106%	-50%	74%	—
Net Profit	-3	-7	-13	1	1	3	4
EPS in Rs	-2,980.00	-6,796.30	-10,450.82	411.76	0.22	0.29	0.46
Dividend Payout %	0%	0%	0%	0%	0%	0%	—

DEVX balance sheet (₹ Cr.)
Category	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	4	4	4	4	13	18
Reserves	-3	-6	-2	25	38	158
Borrowings	58	85	234	315	386	366
Other Liabilities	6	14	46	64	81	71
Total Liabilities	64	97	281	408	518	613
Fixed Assets	55	79	228	269	293	260
CWIP	0	0	0	0	0	70
Investments	0	1	1	10	59	49
Other Assets	8	17	52	129	165	234
Total Assets	64	97	281	408	518	613

DEVX cash flows (₹ Cr.)
Category	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	1	18	27	—	95	101
Cash from Investing Activity	-0	-12	-24	—	-66	-126
Cash from Financing Activity	-1	-6	-4	—	-28	45
Net Cash Flow	0	0	-1	—	1	19
Free Cash Flow	1	11	3	—	84	3
CFO/OP	42%	135%	94%	—	138%	97%

DEVX shareholding pattern (%)
Category	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	36.81%	36.81%	36.81%	35.08%
FIIs	3.37%	2.34%	1.43%	1.36%
DIIs	6.96%	5.56%	4.94%	3.92%
Public	52.85%	55.28%	56.82%	59.62%
No. of Shareholders	25,216	21,909	19,891	19,078

DEVX key ratios
Category	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	41	25	14	49	92	40
Inventory Days	0	0	0	0	—	—
Days Payable	—	—	—	—	—	—
Cash Conversion Cycle	41	25	14	49	92	40
Working Capital Days	-418	-268	-307	-159	-139	-62
ROCE %	—	-1%	1%	8%	12%	11%

DEVXUpdated 13 Oct 2026, 17:12

Dev Accelerator Limited

DEVXUpdated 13 Oct 2026, 17:12

Market Cap

₹401Cr.

Current Price

₹42.4

High / Low

₹50.3/30.0

Stock P/E

78.4

ROE1.16%

ROCE11.1%

Book Value₹19.5

Face Value₹2.00

Dividend Yield0.00%

About

Established in 2017, Dev Accelerator Limited, commonly known as DevX, provides flexible office spaces, including coworking environments[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2024	24.25	8.75	10.3	0.15	11.13	-5.78	5.36	-6.09	-4381.29
Sep 2024	31.44	11.34	13.36	14.56	14.43	6.87	5.82	6.47	0.97
Dec 2024	27.16	9.25	11.52	3.97	10.11	0.25	-184	0.71	0.11
Mar 2025	44.41	15.12	16.02	2.91	16.53	-0.35	-214.29	0.4	0.06
Jun 2025	38.94	12.14	13.58	2.22	14.49	0.95	56.84	0.4	0.06
Sep 2025	41.52	12.45	13.87	1.11	14.77	1.54	11.69	1.35	0.15
Dec 2025	43.5	9.15	20.75	3.53	14.92	2.21	140.27	-0.89	-0.1
Mar 2026	46.96	10.27	19.23	2.78	14.6	5.64	68.44	1.77	0.2
Jun 2026	41.98	13.72	14.27	5.07	17.64	1.42	-40.85	2	0.21

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2021	8	3	4	1	5	-3	5	-3	-2980
Mar 2022	24	7	10	1	15	-8	-9	-7	-6796.3
Mar 2023	61	17	31	1	30	-16	-20	-13	-10450.82
Mar 2024	99	31	34	2	45	-9	-106	1	411.76
Mar 2025	127	44	51	22	52	1	-50	1	0.22
Mar 2026	171	44	67	10	59	10	74	3	0.29
TTM	174	46	68	12	62	11	—	4	0.46

Shareholding pattern

As of Jun 2026%

Holder	Share
Promoters	35.08%
FIIs	1.36%
DIIs	3.92%
Public	59.62%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Sep 2025	36.81%	3.37%	6.96%	52.85%
Dec 2025	36.81%	2.34%	5.56%	55.28%
Mar 2026	36.81%	1.43%	4.94%	56.82%
Jun 2026	35.08%	1.36%	3.92%	59.62%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2021	4	-3	58	6	64	55	0	0	8	64
Mar 2022	4	-6	85	14	97	79	0	1	17	97
Mar 2023	4	-2	234	46	281	228	0	1	52	281
Mar 2024	4	25	315	64	408	269	0	10	129	408
Mar 2025	13	38	386	81	518	293	0	59	165	518
Mar 2026	18	158	366	71	613	260	70	49	234	613

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2021	1	0	-1	0
Mar 2022	18	-12	-6	0
Mar 2023	27	-24	-4	-1
Mar 2024	—	—	—	—
Mar 2025	95	-66	-28	1
Mar 2026	101	-126	45	19

Key ratios

Historical financial ratios

Category	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	41	25	14	49	92	40
Inventory Days	0	0	0	0	—	—
Days Payable	—	—	—	—	—	—
Cash Conversion Cycle	41	25	14	49	92	40
Working Capital Days	-418	-268	-307	-159	-139	-62
ROCE %	—	-1%	1%	8%	12%	11%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of DEV ACCELERATOR LIMITED (DEVX)?

The reported market capitalisation for DEV ACCELERATOR LIMITED (DEVX) is ₹401Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of DEVX?

The current price shown for DEV ACCELERATOR LIMITED (DEVX) on Fincrux is ₹42.4 with a 52-week high/low of ₹50.3/30.0.

What is the P/E ratio of DEV ACCELERATOR LIMITED (DEVX)?

The stock P/E for DEV ACCELERATOR LIMITED (DEVX) is 78.4 on Fincrux, with ROE at 1.16% and ROCE at 11.1%.

What were DEVX latest quarterly results?

For Jun 2026, DEV ACCELERATOR LIMITED (DEVX) reported sales ₹41.98 Cr and net profit ₹2.00 Cr (figures in ₹ crore unless noted).

What are DEVX annual sales and net profit?

For TTM, DEV ACCELERATOR LIMITED (DEVX) shows sales of ₹174 Cr and net profit of ₹4 Cr on the Fincrux profit & loss statement.

Who owns DEV ACCELERATOR LIMITED (DEVX)?

Latest shareholding for DEV ACCELERATOR LIMITED (DEVX) on Fincrux: Promoters 35.08% (Jun 2026), FIIs 1.36% (Jun 2026), DIIs 3.92% (Jun 2026), Public 59.62% (Jun 2026), No. of Shareholders 19,078% (Jun 2026).

Where can I find DEV ACCELERATOR LIMITED (DEVX) financials?

DEV ACCELERATOR LIMITED (DEVX) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show DEVX balance sheet and cash flow?

Yes. The DEV ACCELERATOR LIMITED (DEVX) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 13 October 2026 at 17:12