Dev Information Technology Secures ₹26 Crore NICSI Mandate for National Pharmacists Platform
Dev Information Technology Limited secured a ₹26 crore order from NICSI for the National Pharmacists Registration Tracking System. The mandate includes design, development, system integration, and maintenance over a three-year execution timeline. The company reported Consolidated FY25 Total Income of ₹183.91 crore, EBITDA of ₹23.72 crore, and Net Profit of ₹14.78 crore.
The order value of ₹26 crore is material for a company of DEV IT's size, impacting revenue and growth, but it is not transformative on a very large scale. The three-year execution timeline also indicates a steady, rather than immediate, impact.
The company has secured a significant new order, which is a positive development for its business outlook and revenue visibility.
Dev Information Technology Limited (DEV IT) has announced the securing of a ₹26 crore order from the National Informatics Centre Services Incorporated (NICSI) for the National Pharmacists Registration Tracking System (NPRTS) under the Pharmacy Council of India (PCI).
The mandate encompasses the design, development, system integration, and maintenance of the platform, along with the implementation of cybersecurity measures for the existing IT environment. DEV IT will enable a centralized, web-based system for efficient pharmacist registration and tracking at a national level. The contract is awarded on a fixed-cost basis with an execution timeline of approximately three years, providing revenue visibility over the medium term.
Mr. Pranav Pandya, Chairman, Dev Information Technology Limited, stated, “This mandate reflects our capability to deliver large-scale, integrated digital solutions with strong execution discipline and reliability. We remain focused on scaling our presence in high-value digital infrastructure programs and driving sustainable growth.” DEV IT continues to build momentum in government and enterprise digital transformation programs, supported by its capabilities across cloud, cybersecurity, and enterprise solutions, and is steadily strengthening its order pipeline and positioning itself in long-duration, high-value engagements.
In Consolidated FY25, the company reported Total Income of ₹183.91 crore (₹1,839.09 Mn), EBITDA of ₹23.72 crore (₹237.18 Mn) and Net Profit of ₹14.78 crore (₹147.80 Mn).
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Dev Information Technology Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Dev Information Technology Limited. Read the original for the full detail.