Dev Accelerator Ltd
Dev Accelerator Ltd Reports 53% Revenue Growth & Expands in Tier-2 Markets 📈🏢
- Signed India's largest single managed office contract: 8 Lakh sq. ft. in Ahmedabad
- Operationalized a 3.15 Lakh sq. ft. campus with 95% pre-leased occupancy
- 9M FY26 consolidated revenue reached ₹166.7 Cr, up 53% YoY
- Standalone EBITDA margin expanded to 61.1%
- 75% of revenue comes from Tier-2 cities
- Managed workspace services contribute 62.1% of revenue
- Design services (Neddle & Thread) generated ₹51.6 Cr revenue in 9M FY26
- Focus on expanding in Tier-2 markets and leveraging GCC opportunities