Integrated Filing — IndAS



General information about company

Scrip Code 544513
NSE Symbol DEVX
MSEI Symbol NOTLISTED
ISIN INE0VOV01021
Name of company DEV ACCELERATOR LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 07-10-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 01-10-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Single segment
Description of single segment Developing and licensing fully serviced office spaces, IT/ITES services and payroll management services, design and fitout services and related ancillary services
Start date and time of board meeting 07-10-2025   16:15:00
End date and time of board meeting 07-10-2025   16:34:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025 01-04-2025
B Date of end of reporting period 30-06-2025 30-06-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 5,562.84 5,562.84
Other income 131.30 131.30
Total income 5,694.14 5,694.14
2 Expenses
(a) Cost of materials consumed 1,680.39 1,680.39
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 463.66 463.66
(e) Finance costs 1,226.26 1,226.26
(f) Depreciation, depletion and amortisation expense 1,450.75 1,450.75
(f) Other Expenses
1 Other Expenses 779.38 779.38
Total other expenses 779.38 779.38
Total expenses 5,600.44 5,600.44
3 Total profit before exceptional items and tax 93.70 93.70
4 Exceptional items 0.00 0.00
5 Total profit before tax 93.70 93.70
6 Tax expense
7 Current tax 60.20 60.20
8 Deferred tax 20.48 20.48
9 Total tax expenses 80.68 80.68
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 13.02 13.02
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.97 0.97
16 Total profit (loss) for period 13.99 13.99
17 Other comprehensive income net of taxes (8.00) (8.00)
18 Total Comprehensive Income for the period 5.99 5.99
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 13.32 13.32
Total profit or loss, attributable to non-controlling interests 0.67 0.67
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 5.33 5.33
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.67 0.67
21 Details of equity share capital
Paid-up equity share capital 1,333.75 1,333.75
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.02 0.02
Diluted earnings (loss) per share from continuing operations 0.02 0.02
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.02 0.02
Diluted earnings (loss) per share from continuing and discontinued operations 0.02 0.02
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes: 1 The above unaudited consolidated financial results have been reviewed by the Audit Committee and thereafter approved by the Board of Directors of the Company in their respective meeting held on October 07, 2025. 2 The unaudited consolidated financial statement includes financial results of the following entities: Sr. No. Type of Holding Name 1 Subsidiary Neddle and Thread Designs LLP 2 Subsidiary Company Saasjoy Solutions Private Limited 3 Associate Company Janak Urja Private Limited 4 Associate Finclave Accel LLP 5 Associate Swadesh Venture Fund LLP 6 Associate Fractoprop LLP (ceased w.e.f. May 05, 2025) 7 Associate Company Scaleax Advisory Private Limited 3 The Statutory Auditors of the Company have carried out “Limited Review” of the Unaudited consolidated financial results for the quarter ended June 30, 2025 as per Regulation 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. 4 The unaudited consolidated financial results for the quarter ended June 30, 2025 are prepared in accordance with principles and procedures as set out in the Ind AS 110 Consolidated Financial Statements prescribed under section 133 of the Companies Act, 2013 read with relevant rules issued thereunder. 5 The group operates in a single segment and in line with Ind AS - 108 - “Operating Segments”, the operation of the group fall under “Renting and provision of Co-working spaces” business which is considered to be the only reportable business segment. The activities carried out by the associate are not reviewed separately and the criteria for identifying operating segments are not met hence Segment Reporting is not applicable in respect of the Associate Company. 6 The figures for the year ended March 31, 2025 have been extracted from the consolidated financial statements which were audited by the Statutory Auditors of the Company. The figures for the quarter ended March 31, 2025 are the balancing figures between the audited figures in respect of full financial year ended March 31, 2025 and the unaudited year to date figures up to period ended December 31, 2024, which were neither subject to limited review nor audit. However, the management has exercised necessary care and due diigence to ensure that the consolidated financial results for that period are fairly stated. 7 The Company has completed the Initial Public Offer ('IPO') of 2,35,00,000 equity shares of face value of Rs.2 each at an issue price of Rs.61 per equity share (including share premium of Rs. 59 per equity share), The equity shares of the Company got listed on the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) on September 17, 2025. Accordingly, the above statement of unaudited financial results for the quarter ended June 30, 2025 have been prepared and presented for the first time, in accordance with Regulation 33 of the Listing Regulations. 8 The figures for the corresponding quarter ended June 30, 2024 have not been subjected to a review or audit by the Statutory Auditors, However, the management has exercised necessary care and due diigence to ensure that the standalone financial results for that period are fairly stated. 9 The figures of previous quarters / year are reclassified, regrouped and rearranged wherever necessary so as to make them comparable with current period's figures.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025 01-04-2025
Date of end of reporting period 30-06-2025 30-06-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025 01-04-2025
B Date of end of reporting period 30-06-2025 30-06-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Amount of items that will not be reclassified to profit and loss -1069000 -1069000
Total Amount of items that will not be reclassified to profit and loss (10.69)
2 Income tax relating to items that will not be reclassified to profit or loss (2.69) (2.69)
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income (8.00) (8.00)