Dev Accelerator Limited — PPTs, 13-08-2026: Investor Presentation

Here's a summary of DevX's performance and outlook:

**1. Business Performance:**

DevX saw a slight dip in consolidated revenue to Rs. 53.8 Cr in Q1 FY27 from Rs. 55.6 Cr in Q1 FY26. However, EBITDA grew 14.7% YoY to Rs. 30.3 Cr, and Profit After Tax (PAT) saw a significant jump, growing 15x to Rs. 1.5 Cr. This growth was driven by strong demand for managed office spaces from enterprise clients, with occupancy rates remaining high at 91.9%.

**2. Growth Drivers or Strategy:**

The company is focused on building a technology-led real estate ecosystem through its AI Infrastructure Launchpad and leveraging its investment in Eezily for market intelligence. They are also expanding their presence in Tier 1 and Tier 2 cities.

**3. Recent Developments:**

DevX raised Rs. 100 Cr through non-convertible debt to fuel expansion. The company also plans to add 2.38 Mn sq ft to its pipeline, on top of 0.11 Mn sq ft under fit-out, aiming for a total of 3.62 Mn sq ft by FY29.

**4. Key Financial Metrics:**

Consolidated Revenue: Rs. 53.8 Cr (Q1 FY27)

Consolidated EBITDA: Rs. 30.3 Cr (Q1 FY27)

Consolidated PAT: Rs. 1.5 Cr (Q1 FY27)

YoY Revenue Growth (Consolidated IND AS): -3.3%

YoY EBITDA Growth (Consolidated IND AS): +14.7%

**5. Management Commentary / Outlook:**

Management is focused on converting technology initiatives into viable business propositions, expanding market presence, and improving portfolio utilization. They anticipate sustained demand from corporates and Global Capability Centers, supporting their expansion plans.