Consolidated Sep 2026 quarter revenue up 55%, profit after tax up 214% year on year

Revenue growth above 20%Profit growth above 25%Debt to equity above the thresholdNegative operating cash flowResults View source PDF Explain this filing

DEVX · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.6%Reaction day

₹45.00

prior close

₹44.51

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+2.2%-1.6% vs market

Diversified Commercial Services peers, median of 78sector+1.7%-1.1% vs sector

On the reaction day the stock moved 1.6 pts less than Nifty Microcap 250 and 1.1 pts less than its Diversified Commercial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.9

10m

+1.1

15m

+0.9

30m

-0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.6+2.2-1.6+1.7-1.1

Next day

-2.4+3.3-5.7+2.2-4.5

-9.8pendingpending+2.8-12.7

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15d

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UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 78Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Unaudited consolidated quarter ended September 30, 2026: revenue was Rs 80.23 crore versus Rs 51.84 crore a year ago, up 54.8%, and profit after tax was Rs 5.50 crore versus Rs 1.75 crore, up 213.5%. Consolidated half-year: revenue Rs 134.00 crore, profit after tax Rs 7.00 crore. Debt-equity was 1.03; operating cash flow was negative Rs 22.48 crore. Board approved a debenture plan of up to Rs 300 crore; 3.33 million warrants became shares.

Likely market impact

Strong growth may support the stock, but debt above equity, negative operating cash flow, the Rs 300 crore debt plan and share dilution are risks.

By the numbersConsolidated · Q2 FY27 vs Q2 FY26

	Q2 FY27	Q2 FY26	Change
Revenue	₹80.23 Cr	₹51.84 Cr	+54.8%
Operating profit	₹4.67 Cr	−₹1.01 Cr	turned positive
Profit after tax	₹5.50 Cr	₹1.75 Cr	+213.5%
EBITDA margin	51.6%	51.1%	+0.5 pp

From the company's XBRL filing, not from the text above. Operating profit = profit before tax − exceptional items − other income. EBITDA = profit before tax + finance costs + depreciation − other income.