Dev Accelerator Limited (DEVX) fundamentals

Dev Accelerator Limited is a listed company in Commercial Services & Supplies, part of the Services sector, listed on the NSE as DEVX (ISIN INE0VOV01021). This page carries its reported financials, balance sheet, cash flow, shareholding pattern and valuation ratios.

What Dev Accelerator Limited does

Dev Accelerator Limited is an India-based flex space operator. The Company’s comprehensive office space solutions include sourcing office spaces, customizing designs, developing spaces and providing technology solutions to provide complete asset management. Its primary focus is on serving large corporates by offering managed office solutions. It serves over 230 clients and 25 Centers across 11 cities in India, with 13,140 seats covering a total area under management of 806,635 square feet. Its clientele comprises large corporates, MNCs and SMEs, to whom it offers a variety of flexible office space solutions, such as managed office spaces and coworking spaces, as well as design and execution services through its subsidiary, Neddle and Thread Designs LLP. The Company has operations across 11 cities, including Delhi NCR, Hyderabad, Mumbai, Pune, Ahmedabad, Gandhinagar, Indore, Jaipur, Udaipur, Rajkot and Vadodara.

Valuation and market data

Last close₹33.99
Market capitalisation₹223 crore
Enterprise value₹555 crore
P/E (TTM)0.00
Price to book4.06
Price to sales (TTM)0.95
Book value per share₹8.36
Dividend yield0.00%
SectorServices
IndustryCommercial Services & Supplies
Listed sinceWed Sep 17

Annual results

PeriodRevenueProfit before taxNet profitEPS
Mar 2026₹180 crore₹10 crore₹3 crore0.00
Mar 2025₹149 crore₹1 crore₹1 crore0.00
Mar 2024₹101 crore₹-9 crore₹1 crore409.20
Mar 2023₹62 crore₹-16 crore₹-13 crore-11434.05
Mar 2022₹24 crore₹-8 crore₹-7 crore-6871.00

Figures are as reported (standalone), in ₹ crore.

Shareholding pattern

As of Jun 2026:

Promoters35.1%
Foreign institutions (FII)1.4%
Mutual funds0.0%
Other domestic institutions3.9%
Retail and others59.6%

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Data is sourced from exchange filings and vendor feeds and is for research, not investment advice. Figures can be restated by the company after publication.