Dev Accelerator Q2 FY27: revenue up 54.8% to ₹80 Cr, net profit up 205.6% to ₹6 Cr
Results · Finvezto · 4 Nov 2026 · Dev Accelerator (DEVX)
Results Q2 FY27, ₹ Cr
| Q2 FY27 | ₹ Cr | QoQ | YoY |
|---|---|---|---|
| Revenue | 80 | +49.1% | +54.8% |
| Operating profit | 41 | +36.6% | +56.8% |
| Net profit | 6 | +266.7% | +205.6% |
| Operating margin | 51.6% | -4.7 pp | +0.7 pp |
| Net margin | 6.9% | +4.1 pp | +3.4 pp |
Key points
- Dev Accelerator Limited reported a 54.8% YoY growth in revenue from operations to Rs 80.2 crore for Q2 FY27, with EBITDA rising 54.3% to Rs 40.8 crore and PAT increasing to Rs 5.5 crore. NSE filing
- Cash EBIT more than doubled YoY to Rs 19.1 crore with a 23.8% margin, supported by an overall occupancy of 91.2%. NSE filing
- DevX reported its highest ever quarterly revenue of INR 80.2 crores in Q2 FY27, up 54.8% year-on-year, while profit after tax tripled to INR 5.5 crores. Earnings call
- Consolidated EBITDA rose 54.3% year-on-year to INR 40.8 crores at a 50.8% margin, and first half EBITDA increased 34.4% to INR 71.1 crores with margin improving to 53% from 49.2%. Earnings call
What to watch
- Management on new capacity contribution: As more of our as future signed capacity becomes operational, we expect the contribution from these centers to reflect in our performance in the coming quarters.
- Management on capacity pipeline: Our pipeline comprises of 17 new centers covering approximately 2.8 million square feet, which is almost 3.5 times from the size that we are today.
- Operating margin over the last 4 quarters (Dec 25, Mar 26, Jun 26, Sep 26): 40.4%, 54.8%, 56.3%, 51.6%.
- Net profit over the last 4 quarters (Dec 25, Mar 26, Jun 26, Sep 26), ₹ Cr: -1, 8, 2, 6.
Links
NSE filing (PDF) · Company page · Results tracker
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.