| Metric | Value (₹ Cr) | vs Q2 FY26 |
|---|---|---|
| Revenue | 59.20 | 14.2% |
| Total Income | 60.72 | 11.4% |
| Expenditure | 59.44 | 12.5% |
| PBT | 2.60 | 53.4% |
| Net Profit | -1.01 | 157.8% |
| OPM | 42.69% | 8.41pp |
| NPM | -1.67% | 4.89pp |
| EPS | 0.15 | 42.3% |
Dev Accelerator Ltd Reports 50% YoY Revenue Growth in 9MFY26, Signs Largest Managed Office Contract
02 Feb 2026 · 2 Feb, 2:09 pm
Summary
Dev Accelerator Ltd, an enterprise-focused managed office space provider, has reported a 50% YoY revenue growth in 9MFY26. The company has also signed India's largest managed office contract of 8 Lakh Sq Ft. The standalone revenue from operations grew 50% YoY in 9MFY26, with a 9M standalone EBITDA margin of 61.1%. The company operates 28 centres across 12 cities with 13,604 seats and 0.83 Mn Sq. Ft. under management at 88.4% occupancy.
Key Highlights
- 1
50% YoY revenue growth in 9MFY26
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9M standalone EBITDA margin at 61.1%
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Operates 28 centres across 12 cities
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13,604 seats and 0.83 Mn Sq. Ft. under management
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88.4% occupancy
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Signed India's largest managed office contract of 8 Lakh Sq Ft
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3.15 Lakh Sq. Ft. Anmedabad Mega Campus commenced operations with 95% pre-leasing
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Improved Rent to Revenue Ratio to 2.62x
Management Comments
Mr. Umesh Uttamchandani
Managing Director, Dev Accelerator Limited
We are pleased to report a strong performance in 9MFY26, marked by robust revenue growth, margin expansion, and a landmark transaction that strengthens our leadership in Tier-2 markets. Our operational footprint stands at 28 centers across 12 cities, covering 0.89 Mn sq. ft. with occupancy at 88.4%. Consolidated revenue for 9MFY26 reached %166.7 crore, up 53% YoY, while standalone EBITDA margin expanded to 61.1%, reflecting strong operating leverage and the structural advantage of our Tier-2 focused model.
Informational and educational content only. Not investment advice.