Quarter ended Sep 2026 vs Sep 2025: consolidated revenue up 55%, profit after tax up 214%

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

For the consolidated quarter ended September 30, 2026 versus September 30, 2025, revenue rose 54.8% to Rs 8,022.50 lakh and profit after tax rose 213.5% to Rs 549.64 lakh. Consolidated half-year operating cash flow was negative Rs 2,247.98 lakh; debt to equity was 1.03. The board approved up to Rs 300 crore of non-convertible debentures and allotted 33,33,330 shares to promoters on warrant conversion; promoter stake rose from 35.09% to 37.29%.

Likely market impact

Growth may support shareholders, but negative operating cash flow, planned borrowing and new shares could weigh on the stock and raise debt concerns.

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.