Dev Accelerator share price, P/E, ROE & financials

As of 6 Nov 2026, Dev Accelerator trades at 32.4× trailing earnings, above the industry P/E of 21.3×, and the shares are 19% below their 52-week high. Sales grew 48% a year over 3 years, with ROCE of 12% and ROE of 7.0%. Debt is 2.51× equity. It is a small-cap company with a market cap of ₹383 Cr, ranked 16th of 64 Real Estate Services companies by market cap; the shares fell 2.0% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹43.65
Day high: ₹43.65
Day low: ₹40.00
Prev. close: ₹43.65
Volume: 1.2 L

Health check

3 fair · 3 to check

ReturnsIn line
−2.0% over a year, better than 4 of 7 peers.
Price tagPricier
P/E 32.4 vs industry 21.3.
GrowthSteady
Sales +47.8% a year over 3 years.
ProfitabilityAverage
ROCE 12.1% vs peer median 7.6%.
Balance sheetStretched
Debt 2.51× equity, interest covered 1.4×, Piotroski 9 of 9.
Red flags5 to check
Return on equity is low at 7.0%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Real Estate Services

63 listed peers. Screen the industry

Small cap

₹383 Cr, #16 of 64 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹254 Cr · profit ₹14 Cr

Market cap: ₹383 Cr; Small cap
P/E: 32.4; Industry 21.3
Price to book: 1.72; Peers 7.92
Dividend yield: 0.00%
ROE: 7.0%; Peers 10.5%
ROCE: 12.1%; Peers 7.6%
Debt to equity: 2.51; Debt ₹544 Cr
EPS (TTM): ₹1.25; Face value ₹2
OPM (TTM): 50.5%; Net margin 5.5%
Sales growth: −3.3%; Latest quarter vs a year ago
Profit growth: +1012.8%; Latest quarter vs a year ago
Price to sales: 1.51; EV/EBITDA 11.2

Strengths

Quarterly profit up 1012.8% on a year ago.
Positive operating cash flow in each of the last 4 years.

Risks to check

Return on equity is low at 7.0%.
Debt is 2.51× equity.
Quarterly sales down 3.3% on a year ago.
P/E of 32.4 against an industry P/E of 21.3.
Interest coverage of only 2.5×.

Derived automatically from reported figures. Not a recommendation.

About Dev Accelerator

Dev Accelerator Limited develops and licenses fully serviced office space and allied services in India and internationally. It also offers payroll and facility management; design and execution services; enterprise workspace designing and building, and custom software development services. The company serves large corporates, MNCs, SMEs, and startup. Dev Accelerator Limited was founded in 2017 and is based in Ahmedabad, India.

Headquarters: Ahmedabad
Employees: 210
Sector: Real Estate
ISIN: INE0VOV01021
Website: devx.work

Price range

52 weeks

₹29.95₹50.28

Today

₹40.00₹43.65

Avg volume (3M): 1.7 L
1-year return: minus 2.0%
From 52-week high: minus 19.5%

Peers · Real Estate Services

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
ABRELAditya Birla Real Estate	1,068.40	minus 1.99%	11,853	–	–	−5.2%	−3.6%	0.79	−52.6%	minus 41.3%
WEWORKWeWork India Management	681.65	plus 1.04%	9,466	95.7	9.4	12.3%	64.2%	16.44	–	plus 6.7%
SMARTWORKSSmartworks Coworking Spaces	515.85	plus 4.91%	5,900	52.4	9.2	7.4%	65.3%	10.29	36.2%	minus 18.9%
NIRLONNirlon	635.00	minus 0.57%	5,722	20.4	12.6	23.3%	77.4%	2.42	5.4%	plus 16.4%
INDIQUBEIndiqube Spaces	184.32	plus 2.39%	3,908	–	9.9	5.5%	60.8%	10.12	35.8%	minus 15.3%
ELPROINTLElpro International	169.55	plus 0.26%	2,874	22.3	50.5	7.6%	36.2%	0.60	58.2%	plus 60.9%
EFCILEFC (I)	165.12	plus 0.22%	2,443	8.3	8.1	16.0%	44.5%	1.73	115.7%	minus 43.6%
DEVXDev Accelerator	40.49	minus 7.24%	383	32.4	6.4	12.1%	50.5%	2.00	47.8%	minus 2.0%
Median of 7 peers	–	0.26%	5,722	22.3	9.6	7.6%	60.8%	2.42	36.0%	−15.3%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
55.6	51.8	59.2	59.3	53.8
29.2	25.4	35.3	26.7	23.5
26.4	26.4	23.9	32.5	30.3
47.4%	51.0%	40.4%	54.9%	56.3%
1.3	2.7	1.5	4	3
12.3	12.6	9.2	10.3	14
14.5	14.8	14.9	14.6	17.7
–	–	1.3	−1.1	–
0.9	1.7	2.6	10.5	1.6
85.2%	−3.3%	139.4%	24.1%	4.6%
0.1	1.8	−1	7.9	1.5
0.01	0.26	-0.15	0.98	0.16

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +47.8%
ROE: 7.0%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
69.9	108	159	226
–	+54.6%	+47.0%	+42.2%
40.1	43.4	78.3	116
29.8	64.7	80.6	110
42.6%	59.8%	50.7%	48.7%
1	2.7	5.2	7.7
16.8	31	44.2	43.2
30.1	45	52.2	58.9
–	0	13.3	0
−16	−8.6	2.7	15.7
20.0%	105.1%	34.2%	43.7%
−12.8	0.4	1.8	8.8
–	–	+305.0%	+402.1%
-1.42	0.05	0.19	1.11

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
3.6	3.6	16.9	21.6
−5.9	21.6	34.3	160
235	325	386	370
49.7	61	104	91.6
282	411	540	644
228	264	290	343
0.3	0.3	0.3	85.7
0.5	8.4	39.3	18.4
0.5	0.5	3.4	54.2
53.3	137	208	143
282	411	540	644

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
26.5	7.6	93.7	89.8
−24.1	−40.9	−66.1	−121
−3.7	33.3	−24.7	48.8
−1.2	–	2.8	17.7
−24.1	−34.3	−11.6	−103
2.4	−26.8	82	−13.5

Shareholding pattern

Source: NSE filings

37.3%

promoters

Promoters37.29%
Public62.71%
As of 3 Nov 2026

Quarter	Promoters	Public	Promoter change
3 Nov 2026	37.29%	62.71%	plus 2.20
30 Sep 2026	35.09%	64.91%	0.00
30 Jun 2026	35.09%	64.91%	0.00
16 Jun 2026	35.09%	64.91%	minus 1.72
31 Mar 2026	36.81%	63.19%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you