Dev Accele. Q3 FY26 Results & Concall Highlights: Revenue, Margins & Order Book
Published 25 Aug 2026 | Commercial Services & Supplies | Market Cap: ₹338 Cr
Dev Accelerator Limited targets INR 350 crores in revenue by FY’27 across three streams: - Managed office space (largest contributor) - Design and build services (strengthening nationwide) - SaaSjoy Solutions technology unit (recruitment, payroll, customized enterprise solutions) - The company plans expansion predominantly in Tier 2 cities, maintaining a 70%-30% revenue split between Tier 2 and Tier 1 cities. Dev Accelerator Limited targets INR 350 crores revenue by FY’27 across three streams: managed office space (largest contributor), design and build, and SaaS technology solutions.
From Dev Accele.'s Q3 FY26 earnings-call transcript · updated 25 Aug 2026.
Price
₹34.1
Market Cap
₹338 Cr
P/E Ratio
29.3
How does Dev Accele. rank in Commercial Services & Supplies?
Compare Dev Accele. against every Commercial Services & Supplies company this quarter on revenue, margins and earnings-call signals.
Dev Accele. — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹59 Cr, net profit ₹8 Cr.
Full financials →📊 Revenue & Sales Performance
- →Dev Accelerator Limited targets INR 350 crores in revenue by FY’27 across three streams:
- → - Managed office space (largest contributor)
- → - Design and build services (strengthening nationwide)
- → - SaaSjoy Solutions technology unit (recruitment, payroll, customized enterprise solutions)
- →The company plans expansion predominantly in Tier 2 cities, maintaining a 70%-30% revenue split between Tier 2 and Tier 1 cities.
- →Growth driven primarily by existing clients with high retention and recurring revenue, supplemented by new client additions.
- →Operational efficiencies and high occupancy (~88%) are expected to support revenue growth.
- →Development management model to enable large-scale projects (e.g., 8 lakh sq. ft. in Ahmedabad) without capital-intensive asset development, improving scalability and margins.
- →Expansion into new Tier 2 cities such as Lucknow, Bhubaneswar, Coimbatore, and Kochi is underway.
📈 Profitability & Margins
- →Dev Accelerator Limited targets INR 350 crores revenue by FY’27 across three streams: managed office space (largest contributor), design and build, and SaaS technology solutions.
- →FY26 nine-month revenue stood at INR 166.7 crores, a 53% YoY increase, with consolidated EBITDA margin at 46.1%.
- →Standalone EBITDA margin is at industry-high 61%, up from 57.5% YoY, reflecting strong operational leverage.
- →Expectation of faster Return on Capital Employed (ROCE) of 27 months for large centers (e.g., 3.15 lakh sq ft Capital One center) due to rent-free periods and efficient layout design.
- →Occupancy levels consistently above 85%, with strong client retention locking future revenue streams.
- →Growth driven significantly by Tier 2 city expansions and GCC demand, where 75% revenue currently arises.
- →EBITDA/profits expected to benefit from operational efficiencies, scale, and recurring revenues from long-tenured clients.
- →Overall outlook is robust revenue and profit growth supported by pipeline projects, operational maturity, and strategic market positioning.
🏗️ Capital Expenditure Plans
- →Under the development management model, capital investment from land to development is done by the landowner, not by Dev Accelerator Limited.
- →The company invests primarily in paying security deposits and investing in fit-outs for office spaces.
- →The firm's investment comes in monitoring the project and providing expertise to build Grade A+ assets, generating revenue from landowners as a fee.
- →For large projects like the 3.15 lakh sq. ft. Capital One center, investment is focused on fit-outs rather than asset development.
- →The company plans to replicate the successful development management model showcased in an 8 lakh sq. ft. deal in Ahmedabad for future expansions.
- →No direct capex for asset development is undertaken by Dev Accelerator; the model emphasizes leveraging landowner capital investments while focusing on operational and fit-out investments.
💰 Fundraising & Capital Structure
📋 Order Book & Pipeline
- →The company reported strong order visibility in their Design and Build (DNB) division, with revenues growing 100% year-on-year over the last three years.
- →In FY 2025-26, they are on track to achieve nearly INR 50 crores in DNB revenue, closing INR 38 crores by December.
- →The newly signed landmark managed office space deal in Ahmedabad for 8 lakh square feet demonstrates significant upcoming supply and revenue opportunity.
- →Their development management model is gaining traction, with a recent 8 lakh square feet deal in Ahmedabad reflecting new pipeline growth.
- →The company focuses on creating a strong pipeline of Grade A assets in Tier 2 cities by partnering with landowners under the development management model, which provides stable future revenue.
- →Overall, they expect revenue growth across three streams—managed office space, design and build, and SaaS solutions—targeting INR 350 crores by FY 2027, indicating a healthy orderbook and pipeline.
Key Metrics
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What Dev Accele.'s management said in earlier quarters
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Frequently Asked Questions
What were Dev Accele. Q3 FY26 results?
Dev Accelerator Limited targets INR 350 crores in revenue by FY’27 across three streams: - Managed office space (largest contributor) - Design and build services (strengthening nationwide) - SaaSjoy Solutions technology unit (recruitment, payroll, customized enterprise solutions) - The company plans expansion predominantly in Tier 2 cities, maintaining a 70%-30% revenue split between Tier 2 and Tier 1 cities. Dev Accelerator Limited targets INR 350 crores revenue by FY’27 across three streams: managed office space (largest contributor), design and build, and SaaS technology solutions.
What is Dev Accele. share price analysis?
Dev Accele. currently shows a neutral. The stock trades at a P/E of 29.3 with a market cap of ₹338 Cr. Investors should review the full earnings analysis for detailed insights.
Is Dev Accele. planning capital expenditure?
Under the development management model, capital investment from land to development is done by the landowner, not by Dev Accelerator Limited. - The company invests primarily in paying security deposits and investing in fit-outs for office spaces. - The firm's investment comes in monitoring the project and providing expertise to build Grade A+ assets, generating revenue from landowners as a fee. - For large projects like the 3.15 lakh sq.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.