Dev Information Technology Limited (DEVIT) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.054x

Based on the latest financial reports, Dev Information Technology Limited (DEVIT) has a cash flow conversion efficiency ratio of 0.054x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Rs70.05 Million ≈ $757.54K USD) by net assets (Rs1.29 Billion ≈ $13.96 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Dev Information Technology Limited - Cash Flow Conversion Efficiency Trend (2012–2024)

This chart illustrates how Dev Information Technology Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Dev Information Technology Limited (DEVIT) financial obligations for a breakdown of total debt and financial obligations.

Dev Information Technology Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Dev Information Technology Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Reborn Coffee Inc NASDAQ:REBN	0.474x
Alma Metals Ltd AU:ALM	0.228x
Trinity Watthana Public Company Limited BK:TNITY	0.132x
ADX Energy Ltd AU:ADX	-0.118x
Hubei Geoway Investment Co Ltd SHG:600462	0.893x
Mesiniaga Bhd KLSE:5011	0.048x
Aelis Farma SA PA:AELIS	-0.635x
Evoke Pharma Inc NASDAQ:EVOK	-0.155x

Annual Cash Flow Conversion Efficiency for Dev Information Technology Limited (2012–2024)

The table below shows the annual cash flow conversion efficiency of Dev Information Technology Limited from 2012 to 2024. For the full company profile with market capitalisation and key ratios, see Dev Information Technology Limited market cap and net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	Rs687.63 Million ≈ $7.44 Million	Rs-110.96 Million ≈ $-1.20 Million	-0.161x	-1087.30%
2023-12-31	Rs582.83 Million ≈ $6.30 Million	Rs-7.92 Million ≈ $-85.66K	-0.014x	+65.68%
2022-12-31	Rs416.07 Million ≈ $4.50 Million	Rs-16.48 Million ≈ $-178.17K	-0.040x	-127.19%
2021-12-31	Rs327.79 Million ≈ $3.54 Million	Rs47.73 Million ≈ $516.20K	0.146x	-12.21%
2020-12-31	Rs340.79 Million ≈ $3.69 Million	Rs56.52 Million ≈ $611.28K	0.166x	+13.68%
2019-12-31	Rs335.31 Million ≈ $3.63 Million	Rs48.92 Million ≈ $529.08K	0.146x	-37.41%
2018-12-31	Rs301.56 Million ≈ $3.26 Million	Rs70.29 Million ≈ $760.19K	0.233x	+321.12%
2017-12-31	Rs261.49 Million ≈ $2.83 Million	Rs-27.57 Million ≈ $-298.11K	-0.105x	-120.00%
2016-12-31	Rs162.39 Million ≈ $1.76 Million	Rs85.58 Million ≈ $925.54K	0.527x	+143.09%
2015-12-31	Rs109.11 Million ≈ $1.18 Million	Rs23.66 Million ≈ $255.83K	0.217x	+162.94%
2014-12-31	Rs90.00 Million ≈ $973.36K	Rs7.42 Million ≈ $80.26K	0.082x	-75.07%
2013-12-31	Rs78.78 Million ≈ $851.92K	Rs26.05 Million ≈ $281.77K	0.331x	+3679.95%
2012-12-31	Rs68.62 Million ≈ $742.12K	Rs-634.00K ≈ $-6.86K	-0.009x	--

About Dev Information Technology Limited

NSE:DEVIT India Information Technology Services

Market Cap

$18.97 Million

Rs1.75 Billion INR

Market Cap Rank

#25193 Global

#1401 in India

Share Price

Rs31.14

Change (1 day)

-3.35%

52-Week Range

Rs22.86 - Rs122.14

All Time High

Rs185.81