Devyani International
- Market cap
- ₹ 14,419 Cr.
- P/E
- 1,430x
- P/B
- 9.54x
- 52-week range
- 91.55 – 169.4
- ROE
- −2%
- ROCE
- 5%
- Dividend yield
- 0%
- Debt / equity
- 2.49
- Sector
- Leisure Services
- Industry
- Restaurants
- Listed on
- NSE, BSE
About
Devyani International Limited is an India-based company, which is primarily engaged in the business of developing, managing and operating quick-service restaurants, food courts and others for brands, such as Pizza Hut, KFC, Costa Coffee, Vaango, Biryani By Kilo, Goila Butter Chicken, and The Bhojan. The Company operates through the Food and Beverages segment. Its geographical segments include Within India and Outside India. The Company holds the franchisees of Yum Brands in India, managing the KFC and Pizza Hut brands across India, and also has the franchisees of Nigeria (KFC) and Thailand (KFC). The Company operates approximately 696 KFC stores and 630 Pizza Hut stores across India. In addition, the Company is also a franchise of the Costa Coffee, New York Fries, Sanook Kitchen, and Tea Live brands in India. The Company's subsidiaries include Devyani Food Street Private Limited, Devyani International Nepal Private Limited, and Sky Gate Hospitality Private Limited, among others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Restaurants: 15 companies →Devyani International against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)1,430 against a typical 70: pricier than most peers (1st = cheapest).15th of 15
- Sales growth+16.5% against a typical +18% from a year earlier.9th of 14
- Profit growth+750% against a typical +28.5% from a year earlier.1st of 8
- Share price, 3 months+3.1% against a typical −4%.6th of 14
- Size₹ 14,419.1 Cr. market value against a typical ₹ 1,565 Cr. (1st = largest).3rd of 15
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 2 Nov 2026Upcoming | Financial Results/Other business matters | To consider and approve the financial results for the Quarter and Half Year ended September 30, 2026 and other business matters |
| 29 Jul 2026 | Financial Results/Other business matters | To consider and approve the Unaudited Financial Results of the Company, both on Standalone and Consolidated basis, for the Quarter ended June 30, 2026 and other business matters. |
| 15 May 2026 | Financial Results/Other business matters | To consider and approve the financial results for the Quarter and Financial Year ended March 31, 2026 and other business matters |
| 4 Feb 2026 | Financial Results/Fund Raising/Other business matters | To consider and approve the financial results for the period ended December 31, 2025, Issuance of non-convertible preference shares, on a private placement basis and other business matters |
| 6 Nov 2025 | Financial Results/Other business matters | To consider and approve the financial results for the Quarter and Half Year ended September 30, 2025 and other business matters |
| 13 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 23 May 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2025 and other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 819 | 843 | 1,047 | 1,222 | 1,222 | 1,294 | 1,213 | 1,357 | 1,377 | 1,441 | 1,437 | 1,581 |
| Expenses | 665 | 697 | 917 | 1,006 | 1,026 | 1,081 | 1,027 | 1,151 | 1,185 | 1,210 | 1,217 | 1,326 |
| Operating Profit | 154 | 146 | 130 | 216 | 196 | 213 | 186 | 206 | 192 | 231 | 220 | 254 |
| OPM % | 19% | 17% | 12% | 18% | 16% | 16% | 15% | 15% | 14% | 16% | 15% | 16% |
| Other Income | −7 | 5 | 14 | 10 | 5 | 9 | 13 | 13 | 3 | −10 | 18 | 19 |
| Interest | 42 | 48 | 57 | 63 | 65 | 67 | 70 | 67 | 69 | 70 | 70 | 70 |
| Depreciation | 86 | 93 | 126 | 132 | 139 | 147 | 152 | 150 | 155 | 167 | 182 | 180 |
| Profit before tax | 19 | 10 | −38 | 31 | −4 | 9 | −22 | 3 | −29 | −16 | −15 | 23 |
| Tax % | −88% | 48% | 29% | 27% | 26% | 190% | −25% | 19% | −18% | −31% | −32% | 25% |
| Net Profit | 36 | 5 | −49 | 22 | −5 | −8 | −17 | 2 | −24 | −11 | −10 | 17 |
| EPS in Rs | 0.28 | 0.08 | −0.06 | 0.25 | 0 | 0 | −0.12 | 0.03 | −0.18 | −0.08 | −0.08 | 0.12 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 19%
- 5 Years
- 38%
- 3 Years
- 23%
- TTM
- 15%
- 10 Years
- 6%
- 5 Years
- 12%
- 3 Years
- —
- TTM
- 31%
- 10 Years
- —
- 5 Years
- 4%
- 3 Years
- −10%
- TTM
- —
- 10 Years
- —
- 5 Years
- 7%
- 3 Years
- −3%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Devyani International | ₹ 122.00 | ₹ 14,419 Cr. | 1,430x | 9.5x | −2% | — |
| Jubilant FoodWorks | ₹ 403.25 | ₹ 26,608 Cr. | 69.8x | 12x | 16.3% | 3.9% |
| Travel Food Services | ₹ 1,160.05 | ₹ 15,361 Cr. | 38.7x | 11.8x | 35.3% | 27.5% |
| Westlife Foodworld | ₹ 560.00 | ₹ 8,819 Cr. | 1,666.1x | 11.5x | 5.3% | 1.2% |
| Sapphire Foods India | ₹ 195.20 | ₹ 6,271 Cr. | — | 4.2x | −2.3% | −1% |
| Restaurant Brands Asia | ₹ 88.60 | ₹ 6,309 Cr. | — | 5.4x | −23% | −7.2% |
Management
- Manish Dawar
- President, Chief Executive Officer, Whole-Time Director
- Anupam Kumar
- Chief Financial Officer
- Kamaljit Singh Bedi
- Chief Executive Officer - Costa Coffee and Airport Business
- Rohan Kichlu
- Chief Executive Officer - Sanook and Tealive
- Gaurav Bhatnagar
- Executive Vice President, Chief Operating Officer, India
- Pankaj Virmani
- Chief Sustainability Officer, Compliance Officer, Company Secretary
- Pradeep Das
- Chief Growth & International Business Officer
Prices are delayed and for information only. Nothing on this page is investment advice.