DEV Information Technology

DEV Information Technology Interest Coverage

The Interest Coverage Ratio of DEV Information Technology (DEVIT.NS) as of Oct 19, 2026 is 0.68. In the previous year, Interest Coverage Ratio was 27.93 — a change of -97.58% (lower).

Interest Coverage

0.68

YoY

-97.58%

Last updated:

Interest Coverage Ratio of DEV Information Technology is 2025 0.68 . Interest Coverage Ratio of DEV Information Technology was 2024 27.93 . It decreases by -97.58% lower compared to the previous year.

The DEV Information Technology Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2018
5.60 INR
Jan 1, 2019
4.36 INR
Jan 1, 2020
2.35 INR
Jan 1, 2021
1.40 INR
Jan 1, 2022
1.58 INR
Jan 1, 2023
1.20 INR
Jan 1, 2024
27.93 INR
Jan 1, 2025
0.68 INR
The DEV Information Technology Interest Coverage history
YEARInterest CoverageYoY
0.68-97.58%
27.93+2,225.86%
1.20-24.11%
1.58+12.69%
1.40-40.27%
2.35-46.09%
4.36-22.13%
5.60+45.40%
3.85+35.33%
2.85+32.46%
2.15-1.37%
2.18—

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DEV Information Technology Stock analysis

What does DEV Information Technology do? DEV Information Technology Ltd, listed on the National Stock Exchange of India with ticker DEVIT.NS, is an information technology company headquartered in Ahmedabad, Gujarat. The company went public through an IPO on April 17, 2017. It operates within the IT & IT Enabled Services segment, offering a range of technology solutions. Among its products, ByteSIGNER is a desktop application designed for bulk digital signing of PDF documents using digital signatures, catering to organizations seeking efficient paperless office solutions. Talligence is an AI and machine learning-powered solution tailored for Tally, providing monitoring capabilities across key business areas. The company provides cloud services including application modernization, managed cloud services, cloud advisory, and backup and recovery solutions. Its digital services encompass e-commerce storefront development and digital marketing support. Managed IT services offered include data center support, managed workplace solutions, and technical helpdesk assistance. Business applications cover Windows and web application development. The company's website is https://www.devitpl.com/ DEV Information Technology is one of the most popular companies on Eulerpool.

Frequently Asked Questions about DEV Information Technology stock

Interest Coverage Ratio of DEV Information Technology is 0.68 in 2025.

Interest Coverage Ratio of DEV Information Technology changed from 27.93 to 0.68, representing a -97.58% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio DEV Information Technology since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's DEV Information Technology with sector peers and the industry average to assess whether it is attractive.

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Leverage — DEV Information Technology

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