Dev Labtech Venture Ltd Announces Bonus Issue and Stock Split

Consolidated Profit: ₹9.57 crore
Consolidated Revenue: ₹167.18 crore

Reader Takeaway: Strong consolidated growth offset by a minor professional tax liability. Corporate actions signal confidence.

What just happened

Dev Labtech Venture Ltd has approved a 1:1 bonus issue and a stock split, sub-dividing each equity share of face value ₹10 into two shares of ₹5 each. For the financial year ended March 31, 2026, the company reported consolidated revenue of ₹167.18 crore and a consolidated profit of ₹9.57 crore. Standalone revenue was ₹59.30 crore with a profit of ₹0.0061 crore.

Why this matters

The bonus issue and stock split are designed to increase liquidity and make shares more accessible to a wider investor base. The significant difference between standalone and consolidated profits highlights the growing contribution of its international subsidiaries, Dev Labtech Venture Inc. (USA) and Dev Labtech Trading FZCO (UAE), acquired in October 2025.

The backstory

Dev Labtech Venture Ltd operates in the manufacturing of polished and lab-grown diamonds. The company has been focusing on expanding its global presence, evident from the establishment and acquisition of its foreign subsidiaries in the US and UAE during FY26. This expansion strategy appears to be driving consolidated financial performance.

What changes now

Post the stock split and bonus issue, the total number of outstanding shares will increase to 4,74,52,556. This corporate action is expected to enhance market participation and potentially improve trading volumes. The company's consolidated results reflect the integration of its international operations.

Risks to watch

The company's statutory auditor noted an emphasis of matter regarding professional tax. Unpaid professional tax deducted from employees for FY26 was carried forward as a liability. While classified as a statutory liability, investors will monitor its timely remittance in the upcoming financial year.

Peer comparison

(No peer comparison data available in the filing.)

Context metrics (time-bound)

• Consolidated Revenue (FY26): ₹167.18 crore
• Consolidated Profit (FY26): ₹9.57 crore
• Standalone Revenue (FY26): ₹59.30 crore
• Standalone Profit (FY26): ₹0.0061 crore
• Bonus Ratio: 1:1
• Stock Split Ratio: 1:2 (₹10 to ₹5 face value)
• Record Date for Bonus: 15th May 2026
• International Subsidiary Acquisition: Dev Labtech Trading FZCO (UAE) on 29th October 2025

What to track next

Investors should closely watch the company's financial performance in subsequent quarters, particularly the contribution from its international subsidiaries. Monitoring the resolution of the professional tax liability and the impact of the bonus issue and stock split on share price and trading activity will also be crucial.