DEVXBSEDev Accelerator Ltd· Commercial Services & SuppliesHighNeutral
Announced Tue, 19 May, 2026 · 18:36 IST

Financial Results for Quarter and Financial Year ended March 31, 2026

Revenue Growth 20pctPat Growth 25pctExceptional ItemDebt Equity ThresholdResults View source PDFExplain this filing

DEVX · price

Loading chart…

▲ 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
-0.8%Reaction day
₹40.32
prior close
₹42.00
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.6%-1.4% vs market
Diversified Commercial Services peers, median of 72sector+0.3%-1.1% vs sector

On the reaction day the stock moved 1.4 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
5m
-3.5
10m
-2.6
15m
-2.5
30m
-2.5
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-0.8+0.6-1.4+0.3-1.1
Next day
-0.9+1.7-2.6+0.7-1.6
2d
-2.2+1.8-4.0+0.5-2.7
3d
-3.5+3.4-6.9+1.4-4.9
4d
-3.9+4.1-8.0+1.2-5.1
5d
-3.9+4.1-8.0+1.7-5.6
1w
-8.1+2.3-10.4+0.3-8.4
15d
-11.3+1.8-13.1+0.5-11.8
1m
-9.9+10.8-20.6+0.4-10.3
2m
-15.6+10.3-25.9-2.9-12.7
3m
-14.9+14.9-29.8-1.4-13.5
UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 72Pending

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

AI summary

Dev Accelerator Ltd reported strong financial performance for FY26 with consolidated revenue from operations growing to Rs. 22,592.26 lakhs, up 42% from Rs. 15,887.45 lakhs in FY25. Profit after tax surged to Rs. 884.21 lakhs compared to just Rs. 178.23 lakhs in the previous year, representing nearly 5x growth. The company operates in the co-working spaces segment and completed its IPO in September 2025, raising Rs. 12,738 lakhs. An exceptional item of Rs. 114.57 lakhs was recognized due to ceasing operations at one centre with lease modifications. The Board also approved issuance of Non-Convertible Debentures aggregating up to Rs. 100 crores on private placement basis. Auditors issued an unmodified opinion with no concerns.

Likely market impact

The company demonstrated exceptional revenue and profit growth following its IPO, though EBITDA margins remain thin at around 7%. The NCD issuance and high debt levels warrant monitoring for financial risk.