--- title: "Devson Catalyst Ltd (544823) — Share Price, Financials & Analysis" symbol: "544823" company: "Devson Catalyst Ltd" canonical: "https://tapetide.com/stocks/544823" bse_code: "544823" sector: "Commodities" industry: "Chemicals & Petrochemicals" generated_at: "2026-09-13T19:16:59.882Z" --- # Devson Catalyst Ltd (544823) Canonical page: https://tapetide.com/stocks/544823 ## Company - **BSE Code:** 544823 - **Sector:** Commodities - **Industry:** Chemicals & Petrochemicals - **Macro Sector:** Commodities - **Face Value:** ₹10 - **F&O Eligible:** No - **Website:** devsongroup.com ## About Devson Catalyst Limited is a manufacturer of catalysts, adsorbents and ceramic balls used as key materials in various industrial processes.[1] ## Latest Price ## Key Insights ### Strengths - Company is almost debt free. - Company has a good return on equity (ROE) track record: 3 Years ROE 43.2% ### Weaknesses - Debtor days have increased from 87.9 to 110 days. - Working capital days have increased from 79.6 days to 128 days ## Growth Rates | Metric | 1Y | 3Y | | --- | --- | --- | | net income growth | 58% | 74% | | revenue growth | 5% | 20% | ## Financial Statements ### Profit & Loss All figures in ₹ crore unless the row name says otherwise. | Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | | --- | --- | --- | --- | --- | | Sales | 33 | 43 | 53 | 56 | | Expenses | 29 | 37 | 42 | 39 | | Operating Profit | 4 | 7 | 11 | 17 | | OPM % | 11 | 15 | 21 | 30 | | Other Income | 0 | 0 | 0 | 1 | | Interest | 0 | 1 | 0 | 0 | | Depreciation | 0 | 0 | 1 | 1 | | Profit before tax | 3 | 6 | 10 | 17 | | Tax % | 26 | 28 | 26 | 26 | | Net Profit | 2 | 4 | 8 | 13 | | EPS in Rs | 93.6 | 163.2 | 306.8 | 12.21 | | Dividend Payout % | 0 | 0 | 0 | 0 | ### Balance Sheet All figures in ₹ crore unless the row name says otherwise. | Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | | --- | --- | --- | --- | --- | | Equity Capital | 0.25 | 0.25 | 0.25 | 10 | | Reserves | 9 | 13 | 21 | 23 | | Borrowings | 1 | 4 | 3 | 2 | | Other Liabilities | 5 | 4 | 4 | 6 | | Total Liabilities | 16 | 21 | 27 | 42 | | Fixed Assets | 5 | 7 | 7 | 12 | | CWIP | 0 | 0 | 0 | 0 | | Investments | 0 | 0 | 2 | 0 | | Other Assets | 11 | 14 | 18 | 30 | | Total Assets | 16 | 21 | 27 | 42 | ### Cash Flow All figures in ₹ crore unless the row name says otherwise. | Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | | --- | --- | --- | --- | --- | | Cash from Operating Activity | 2 | 0 | 4 | 5 | | Cash from Investing Activity | -1 | -3 | -2 | -3 | | Cash from Financing Activity | 0 | 3 | -2 | -1 | | Net Cash Flow | 1 | 0 | 0 | 1 | | Free Cash Flow | 1 | -2 | 4 | -1 | | CFO/OP | 65 | 19 | 74 | 47 | ### Ratios | Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | | --- | --- | --- | --- | --- | | Debtor Days | 57 | 67 | 87 | 110 | | Inventory Days | 61 | 27 | 31 | 104 | | Days Payable | 66 | 21 | 24 | 44 | | Cash Conversion Cycle | 52 | 73 | 94 | 170 | | Working Capital Days | 36 | 41 | 70 | 128 | | ROCE % | — | 47 | 52 | 57 | ## Shareholding Pattern ### annual | Category | Jul 2026 | | --- | --- | | Promoters | 73.59% | | FIIs | 3.87% | | DIIs | 8.37% | | Public | 14.16% | | No. of Shareholders | 731 | ### Quarterly | Category | Jul 2026 | | --- | --- | | Promoters | 73.59% | | FIIs | 3.87% | | DIIs | 8.37% | | Public | 14.16% | | No. of Shareholders | 731 | ## Filings & Documents ### Other Documents | Date | Document | | --- | --- | | 8 Sep - Copy of newspaper advertisements in respect of completion of dispatch of notice of 22nd AGM | [Announcement under Regulation 30 (LODR)-Newspaper Publication 8 Sep - Copy of newspaper advertisements in respect of completion of dispatch of notice of 22nd AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=494a0500-046d-4fd7-a143-85547fa8fbf4.pdf) | | 7 Sep - Devson Catalyst submitted its Annual Report for FY 2025-26 to BSE. | [Reg. 34 (1) Annual Report. 7 Sep - Devson Catalyst submitted its Annual Report for FY 2025-26 to BSE.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6747eaf0-1d14-41a6-94eb-b91018cb7a67.pdf) | | 4 Sep - Devson developed ammonia decomposition catalyst and received orders from NMDC and Tata Steel on September 4, 2026. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 4 Sep - Devson developed ammonia decomposition catalyst and received orders from NMDC and Tata Steel on September 4, 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c11bb43f-802b-4838-8de5-76a9b0b8d45b.pdf) | | 28 Jul - We submit herewith an Investor Presentation on performance of FY 2025-26. | [Announcement under Regulation 30 (LODR)-Investor Presentation 28 Jul - We submit herewith an Investor Presentation on performance of FY 2025-26.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=91bc56fa-6a0d-49e8-a580-e5f5ebe4cab6.pdf) | | 26 Aug - Board approved internal auditor and secretarial auditor appointments on 26 August 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 26 Aug - Board approved internal auditor and secretarial auditor appointments on 26 August 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fc005f0d-f3ae-491a-9c75-66bbb07ecee8.pdf) | | 26 Aug - Board approved appointment of internal auditor for FY2026-27 and secretarial auditor for FY2025-26. | [Board Meeting Outcome for Outcome Of Board Meeting Held On Today I.E. On Wednesday, August 26, 2026 26 Aug - Board approved appointment of internal auditor for FY2026-27 and secretarial auditor for FY2025-26.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=82f176cd-a66c-4167-8d03-6e0916d420a7.pdf) | | 26 Aug - Board appointed internal auditor for FY2026-27 and secretarial auditor for FY2025-26 on August 26, 2026. | [Announcement under Regulation 30 (LODR)-Change in Management Control 26 Aug - Board appointed internal auditor for FY2026-27 and secretarial auditor for FY2025-26 on August 26, 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7c5dd944-2ec6-4d14-8738-cc71bbc1f09f.pdf) | | 16 Jul - Board authorised KMP contact details for materiality and stock exchange disclosures on July 14, 2026. | [Intimation Of Contact Details Of Key Managerial Personnel Pursuant To Regulation 30(5) Of SEBI (LODR) Regulations, 2015 16 Jul - Board authorised KMP contact details for materiality and stock exchange disclosures on July 14, 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ae9b25c4-4035-47d9-8af0-09dc34352982.pdf) | | — | [Notice Of 22Nd AGM 7 Sep](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bfcd7935-3a34-418a-a439-a26de77e1120.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 2026-09-13T19:16:59.882Z.