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. See DEVIT days of operational coverage to measure how many days the company can operate on defensive assets alone.

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.

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
Woojin I&S Co Ltd KO:010400	-0.025x
Madhav Copper Limited NSE:MCL	0.181x
Kritika Wires Limited NSE:KRITIKA	0.011x
Wicaksana Overseas International JK:WICO	0.087x
SHINWON CONSTRUCTION COMPANY Ltd KQ:017000	-0.084x
Primega Group Holdings Limited Ordinary Shares NASDAQ:PGHL	N/A
Defence Therapeutics Inc. F:DTC	1.144x
Marker Therapeutics Inc NASDAQ:MRKR	-0.149x

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

$17.23 Million

Rs1.59 Billion INR

Market Cap Rank

#25593 Global

#1418 in India

Share Price

Rs28.27

Change (1 day)

+0.28%

52-Week Range

Rs22.86 - Rs122.14

All Time High

Rs185.81