Announced Tue, 19 May · 18:29 IST

Outcome of the Board Meeting dated May 19, 2026

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

DEVX · price

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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

timing

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-3.5-2.6-2.5-2.5-0.9-2.2-3.5-3.9-3.9-8.1-11.3-9.9-15.6—

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AI summary

Dev Accelerator Ltd reported strong audited financial results for FY2026 ended March 31. Consolidated revenue grew 42% to Rs. 22,592 lakhs from Rs. 15,887 lakhs in FY25. Profit after tax surged nearly 4x to Rs. 884 lakhs from Rs. 178 lakhs. The company also completed its IPO in September 2025 raising Rs. 12,738 lakhs and issued convertible warrants worth Rs. 3,500 lakhs to promoters. Additionally, the board approved issuance of Non-Convertible Debentures (NCDs) up to Rs. 100 crores on private placement. Auditors issued an unmodified (clean) opinion on both standalone and consolidated financials. An exceptional item of Rs. 114.57 lakhs related to lease termination at one centre was recorded.

Likely market impact

Strong revenue and profit growth demonstrates improving operational performance. The clean audit opinion and positive cash flows from operations (Rs. 8,985 lakhs consolidated) are positive signals for investors. The NCD issuance may increase debt levels but funds expansion plans.