DEVLAB.BO
Price:
$19.48
Market Cap:
$462.19M
Dev Labtech Venture Limited specializes in the creation, global distribution, and acquisition of both natural and laboratory-grown diamonds. Its production processes cover the entire journey, from refining rough natural stones into polished gems, to cultivating lab-grown diamonds from their initial seed form to their perfected state. These diamonds are presented in a wide array of sizes, shapes, clarity levels, and colors. The company commenced operations on April 29, 1993, and maintains its primary office in Bhavnagar, India.
Industry
Personal Products & Services
IPO Date
2023-03-29
Stock Exchange
BSE
Ticker
DEVLAB.BO
According to Dev Labtech Venture Limited’s latest financial reports and current stock price. The company's current ROE is 20.14%. This represents a change of 262.70% compared to the average of 5.55% of the last 4 quarters.
The mean historical ROE of Dev Labtech Venture Limited over the last ten years is 8.09%. The current 20.14% ROE has changed 148.89% with respect to the historical average. Over the past ten years (40 quarters), DEVLAB.BO's ROE was at its highest in in the March 2026 quarter at 18.13%. The ROE was at its lowest in in the March 2024 quarter at 0.13%.
Average
8.09%
Median
5.27%
Minimum
0.03%
Maximum
24.38%
Discovering the peaks and valleys of Dev Labtech Venture Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 8.80%
Maximum Annual ROE = 24.38%
Minimum Annual Increase = -99.48%
Minimum Annual ROE = 0.03%
| Year | ROE | Change |
|---|---|---|
| 2026 | 18.79% | 497.93% |
| 2025 | 3.14% | -39.61% |
| 2024 | 5.20% | -3.61% |
| 2023 | 5.40% | -77.86% |
| 2022 | 24.38% | 891.55% |
| 2021 | 2.46% | 8.80% |
| 2020 | 0.03% | -99.48% |
The current ROE of Dev Labtech Venture Limited (DEVLAB.BO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
9.05%
5-year avg
11.38%
10-year avg
8.09%
Dev Labtech Venture Limited’s ROE is less than Minal Industries Limited (0.70%), less than Bombay Cycle & Motor Agency Limited (7.67%), less than Ironwood Education Ltd. (25.68%), less than Swarnsarita Gems Limited (8.76%), less than Phoenix International Limited (0.78%), less than Jumbo Bag Limited (25.14%), less than Viram Suvarn Limited (16.29%), greater than Atlas Cycles (Haryana) Limited (-2.19%), less than Balkrishna Paper Mills Limited (3.64%), less than Balkrishna Paper Mills Limited (3.64%),
| Company | ROE | Market cap |
|---|---|---|
| 0.70% | $1.07B | |
| 7.67% | $639.56M | |
| 25.68% | $808.66M | |
| 8.76% | $826.72M | |
| 0.78% | $504.53M | |
| 25.14% | $750.79M | |
| 16.29% | $772.49M | |
| -2.19% | $622.48M | |
| 3.64% | $512.34M | |
| 3.64% | $515.51M |
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