Dev Information Technology Limited (DEVIT) — Tangible Net Worth Ratio
Dev Information Technology Limited (DEVIT) has a Tangible Net Worth Ratio of 89.5% as of September 2025. This metric is calculated by deducting intangible assets (Rs135.68 Million) from net assets (Rs1.29 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Dev Information Technology Limited equity growth rate to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Dev Information Technology Limited Tangible Net Worth Ratio (2012–2024)
This chart shows how Dev Information Technology Limited's Tangible Net Worth Ratio has changed across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 89.5%, reflecting net assets of Rs1.29 Billion with intangible assets of Rs135.68 Million INR. For live market cap and overall valuation, see Dev Information Technology Limited market capitalisation.
Annual Tangible Net Worth Ratio for Dev Information Technology Limited (2012–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Dev Information Technology Limited from 2012 to 2024, covering 13 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore DEVIT capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 94.4% | Rs687.63 Million | Rs38.22 Million | Rs1.22 Billion | ▲ +4.3 pp |
| 2023 | 90.2% | Rs582.83 Million | Rs57.32 Million | Rs954.86 Million | ▼ -6.6 pp |
| 2022 | 96.7% | Rs416.07 Million | Rs13.65 Million | Rs677.40 Million | ▲ +0.5 pp |
| 2021 | 96.3% | Rs327.79 Million | Rs12.28 Million | Rs664.81 Million | ▲ +1.9 pp |
| 2020 | 94.3% | Rs340.79 Million | Rs19.37 Million | Rs629.74 Million | ▲ +0.7 pp |
| 2019 | 93.7% | Rs335.31 Million | Rs21.29 Million | Rs580.74 Million | ▼ -6.0 pp |
| 2018 | 99.7% | Rs301.56 Million | Rs1.04 Million | Rs562.04 Million | ▼ -0.2 pp |
| 2017 | 99.9% | Rs261.49 Million | Rs344.26K | Rs542.21 Million | ▲ +24.4 pp |
| 2016 | 75.5% | Rs162.39 Million | Rs39.82 Million | Rs434.31 Million | ▼ -24.2 pp |
| 2015 | 99.7% | Rs109.11 Million | Rs304.44K | Rs309.69 Million | ▼ -0.2 pp |
| 2014 | 99.9% | Rs90.00 Million | Rs83.00K | Rs268.81 Million | ▲ +0.0 pp |
| 2013 | 99.9% | Rs78.78 Million | Rs100.00K | Rs375.98 Million | ▲ +0.1 pp |
| 2012 | 99.8% | Rs68.62 Million | Rs160.00K | Rs246.18 Million | — |