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View Claim Ledger →Dev Accelerator Limited — Q3 FY26
Dev Accelerator reported Q3 FY26 revenue of 59.2 crore, up 19% YoY, while 9M revenue reached 166.7 crore (+53% YoY).
bullish
high
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Dev Accelerator reported Q3 FY26 revenue of 59.2 crore, up 19% YoY, while 9M revenue reached 166.7 crore (+53% YoY). The company signed a landmark 8-lakh sq ft development management deal in Ahmedabad, expected to generate 120 crore annual revenue. Occupancy remains strong at 88.4%, with 95% pre-leasing on a new 3.15-lakh sq ft center. Management guided for 350 crore revenue in FY27, driven by managed offices, design & build, and tech solutions. Key risk: execution of the large development management pipeline and potential slowdown in GCC demand.
देव एक्सेलरेटर ने तीसरी तिमाही में 59.2 करोड़ रुपये की कमाई की, जो पिछले साल से 19% ज्यादा है। नौ महीने की कुल कमाई 166.7 करोड़ रुपये रही, जो 53% बढ़ी है। कंपनी ने अहमदाबाद में 8 लाख वर्ग फुट के एक बड़े प्रोजेक्ट का डील किया है, जिससे हर साल 120 करोड़ रुपये की कमाई होने की उम्मीद है। उनके 88.4% ऑफिस भरे हुए हैं, और एक नए 3.15 लाख वर्ग फुट के सेंटर में 95% जगह पहले से बुक है। कंपनी का लक्ष्य अगले साल 350 करोड़ रुपये कमाना है, जो मैनेज्ड ऑफिस, डिजाइन-बिल्ड और टेक सर्विसेज से आएगा। मुख्य जोखिम: बड़े प्रोजेक्ट को समय पर पूरा करना और GCC की मांग में कमी।
Risks3 trackedTranscriptfull text
Research workspace
Focused Modules
Risks
3 risks
Risk Intelligence
Execution risk on large development management pipeline
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Transcript
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Read Transcript →Quarter Snapshot
Occupancy Rate
88.4%
+3.4pp YoY
Occupancy improved from 85%+ historical levels, with 70% of centers fully occupied.
Rent-to-Revenue Ratio
2.62x
+0.76x YoY
Improved from 1.86x in 9M FY25, driven by tier-2 city focus and operational efficiency.
Total Seats
13,500
+4,000 seats YoY
Seat count grew with new centers; 4,000 seats from the upcoming 3.15 lakh sq ft center.
Client Retention Rate
98%
flat YoY
High retention reflects enterprise stickiness; net churn is 0.6%.
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Guidance and risk preview
Management expects to achieve 350 crore revenue in FY27, driven by managed office space, design & build, and tech solutions.
The 8-lakh sq ft deal and similar future projects require successful partnership with landowners and timely delivery.
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