---
title: "Devhari Exports (India) Ltd (1270878) — Share Price, Financials & Analysis"
symbol: "1270878"
company: "Devhari Exports (India) Ltd"
canonical: "https://tapetide.com/stocks/1270878"
sector: "Services"
industry: "Commercial Services & Supplies"
generated_at: "2026-10-13T11:01:19.895Z"
---

# Devhari Exports (India) Ltd (1270878)

Canonical page: https://tapetide.com/stocks/1270878

## Company

- **Sector:** Services
- **Industry:** Commercial Services & Supplies
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** devhariexports.com

## About

Devhari Exports (India) is engaged in the business of Trading of Goods.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.

## Growth Rates

| Metric | 1Y |
| --- | --- |
| net income growth | 99% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0 | 0 | 0 | 0 | 10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Profit | 0 | 0 | 0 | 0 | -10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0.11 | 0 | 0 | 0.09 | 0.03 | 0.03 | 0.03 | 0.03 | 0.04 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | -0.11 | -10 | 0 | -0.09 | -0.03 | -0.03 | -0.03 | -0.03 | -0.04 |
| Tax % | — | — | — | 0 | 0 | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 0 | 0 | 0 | -0.11 | -10 | 0 | -0.09 | -0.03 | -0.03 | -0.03 | -0.03 | -0.04 |
| EPS in Rs | 0 | 0 | 0 | -0.01 | -1.35 | 0 | -0.01 | 0 | 0 | 0 | 0 | -0.01 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1.48 | 14.05 | 0.57 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 1.46 | 14.32 | 1.34 | 0.07 | 1.14 | 0.08 | 0 | 0 | 10 | 0 |
| Operating Profit | 0.02 | -0.27 | -0.77 | -0.07 | -1.14 | -0.08 | 0 | 0 | -10 | 0 |
| OPM % | 1.35 | -1.92 | -135.09 | — | — | — | — | — | — | — |
| Other Income | 0.02 | 0.27 | 0.79 | 0.22 | 1.14 | 0.08 | 0 | 0 | 0 | 0 |
| Interest | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0.11 | 0.12 | 0.13 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.03 | 0 | 0.02 | 0.15 | 0 | 0 | 0 | -0.11 | -10.12 | -0.13 |
| Tax % | 0 | — | 0 | 26.67 | — | — | — | 0 | 0 | 0 |
| Net Profit | 0.03 | 0 | 0.01 | 0.11 | 0 | 0 | 0 | -0.11 | -10.12 | -0.13 |
| EPS in Rs | 0 | 0 | 0 | 0.01 | 0 | 0 | 0 | -0.01 | -1.36 | -0.02 |
| Dividend Payout % | 0 | — | 0 | 0 | — | — | — | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 7.43 | 7.43 | 7.43 | 7.43 | 7.43 | 7.43 | 7.43 | 7.43 | 7.43 | 7.43 |
| Reserves | -0.3 | -0.31 | -0.29 | -0.18 | -0.18 | -0.18 | -0.18 | -0.29 | -10.4 | -10.54 |
| Borrowings | 0.39 | 0 | 10.48 | 14.91 | 2.09 | 1.67 | 1.53 | 1.63 | 1.74 | 3.06 |
| Other Liabilities | 0.45 | 10.68 | 0.22 | 0.05 | 1.19 | 1.28 | 1.28 | 1.29 | 1.3 | 0.1 |
| Total Liabilities | 7.97 | 17.8 | 17.84 | 22.21 | 10.53 | 10.2 | 10.06 | 10.06 | 0.07 | 0.05 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0.01 | 4.33 | 3.93 | 3.93 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 4.36 | 12.3 | 11.22 | 16.12 | 10 | 10 | 10 | 10 | 0 | 0 |
| Other Assets | 3.6 | 1.17 | 2.69 | 2.16 | 0.53 | 0.2 | 0.06 | 0.06 | 0.07 | 0.05 |
| Total Assets | 7.97 | 17.8 | 17.84 | 22.21 | 10.53 | 10.2 | 10.06 | 10.06 | 0.07 | 0.05 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.05 | 10.16 | -11.25 | 0.22 | 2.07 | 0.08 | 0 | 0.01 | 0.03 | -1.2 |
| Cash from Investing Activity | -0.01 | -9.81 | 1.72 | -4.55 | 10.77 | 0.33 | 0 | 0 | 0 | 0 |
| Cash from Financing Activity | -0.01 | -0.39 | 9.23 | 4.59 | -12.82 | -0.41 | -0.14 | -0.01 | -0.02 | 1.19 |
| Net Cash Flow | 0.03 | -0.05 | -0.31 | 0.26 | 0.03 | 0 | -0.14 | 0 | 0 | -0.01 |
| Free Cash Flow | 0.04 | 5.84 | -11.25 | 0.22 | 6 | 0.08 | 0 | 0.01 | 0.03 | -1.2 |
| CFO/OP | 250 | -3763 | 1461 | -371 | -182 | -100 | — | — | 0 | — |

### Ratios

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 14.8 | 6.75 | 429.04 | — | — | — | — | — | — | — |
| Inventory Days | 0 | 0 | 0 | — | — | — | — | — | — | — |
| Cash Conversion Cycle | 14.8 | 6.75 | 429.04 | — | — | — | — | — | — | — |
| Working Capital Days | 32.06 | -249.14 | -5551.84 | — | — | — | — | — | — | — |
| ROCE % | 0.54 | 1.23 | 0.16 | 0.75 | 0 | 0 | 0 | 0 | -265.25 | — |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 18.17% | 18.17% | 18.17% | 18.17% | 18.17% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0.27% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| Public | 81.83% | 81.83% | 81.83% | 81.56% | 81.82% | 99.99% | 99.99% | 99.99% | 99.98% |
| No. of Shareholders | 2421 | 2407 | 2434 | 2439 | 5668 | 12270 | 12270 | 12270 | 12269 |

### Quarterly

| Category | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| DIIs | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| Public | 99.99% | 99.99% | 99.99% | 99.99% | 99.99% | 99.99% | 99.99% | 99.99% | 99.98% | 99.98% | 99.98% | 99.98% |
| No. of Shareholders | 12270 | 12270 | 12270 | 12270 | 12270 | 12270 | 12270 | 12270 | 12273 | 12273 | 12269 | 12269 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 1 / 15 / 3

### Moving Averages — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 169 | Sell |
| EMA (10) | 168.66 | Sell |
| SMA (20) | — | Neutral |
| EMA (20) | — | Neutral |
| SMA (50) | — | Neutral |
| EMA (50) | — | Neutral |
| SMA (100) | — | Neutral |
| EMA (100) | — | Neutral |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 42.52 | Neutral |
| MACD (12,26,9) | — | Neutral |
| Stochastic (14,3,3) | 19.65 | Buy |
| ADX (14) | — | Neutral |
| Williams %R (14) | -75.66 | Neutral |
| ATR (14) | 17.14 | High Volatility |
| ROC (12) | -30.78 | Sell |
| Stoch RSI (14) | — | Neutral |
| UO (7,14,28) | — | Neutral |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| 2022 | [Annual Report 2022](https://www.bseindia.com/bseplus/AnnualReport/539197/77251539197.pdf) |
| 2020 | [Annual Report 2020](https://www.bseindia.com/bseplus/AnnualReport/539197/67519539197.pdf) |
| Mar 2019 | [Annual Report 2019](https://www.bseindia.com/bseplus/AnnualReport/539197/5391970319.pdf) |
| Mar 2018 | [Annual Report 2018](https://www.bseindia.com/bseplus/AnnualReport/539197/5391970318.pdf) |
| Mar 2017 | [Annual Report 2017](https://www.bseindia.com/bseplus/AnnualReport/539197/5391970317.pdf) |
| Mar 2016 | [Annual Report 2016](https://www.bseindia.com/bseplus/AnnualReport/539197/5391970316.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:01:19.895Z.