DEVXNSEDev Accelerator LimitedHighNeutral
Announced Tue, 19 May · 20:07 IST

Dev Accelerator Limited has informed the Exchange about issue of Securities

Revenue Growth 20pctPat Growth 25pctExceptional ItemRelated Party TransactionsResults View source PDF

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

Price reaction · full curve 14 horizons · vs prior close
-0.9%1-day move
₹40.32
prior close
₹42.00
base price
After-mkt
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AI summary

Dev Accelerator Limited reported strong FY 2025-26 results with consolidated revenue growing 42% to Rs. 22,592.26 lakhs from Rs. 15,887.45 lakhs. Profit after tax surged nearly 5x to Rs. 884.21 lakhs from Rs. 178.23 lakhs. The Board also approved issuance of up to 100,000 listed non-convertible debentures (NCDs) worth Rs. 100 crores on private placement basis. The company completed its IPO in September 2025 raising Rs. 12,738 lakhs, with Rs. 3,476 lakhs still unutilized. An exceptional item of Rs. 114.57 lakhs was recorded due to lease termination at one centre. Auditors issued an unmodified (clean) opinion on the financial statements.

Likely market impact

The company showed exceptional revenue and profit growth, demonstrating strong operational performance. The NCD issuance provides additional capital for growth, while the clean audit opinion reinforces financial credibility for investors.