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Earnings Call

Devyani International Earnings Call: Key Takeaways

Devyani International Q4 FY26 results show steady 18.5% revenue growth despite a seasonally soft quarter, driven by strong KFC India performance and stable international operations. Management announced a strategic merger with Sapphire Foods.

Highlights
Revenue growth+18.5% YoY
MarginsGross margin 68.8% (+0.3% YoY)
Demand visibilityStabilizing; helped by GST rationalization
Management confidenceHigh for next growth phase

Growth

Q4 Revenue ₹14,369 Mn (+18.5% YoY); EBITDA ₹2,295 Mn; KFC India SSSG at +4.9% (14-quarter high).

Outlook

Strategic merger with Sapphire Foods; targeting expansion of BBK Express; focus on unit economics and digital engagement.

Risks

Seasonal softness, LPG supply issues (managed), and fluid external/seasonal demand factors.

Source

Earnings Call filed with NSE, NSE: DEVYANI. Summary written with AI assistance from the document.

Read the document ↗

Devyani International Ltd: key numbers

Share price
₹135.02
Market cap
₹16,647 Cr
Revenue (annual)
₹5,611 Cr
Net profit (annual)
₹-38.63 Cr
P/E (TTM)
-601.6×Sector 43.7×
Promoter holding
61.36%+0.00% QoQ
FII holding
6.81%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Devyani International Limited and Sapphire Foods India Limited have filed a joint application with the Competition Commission of India for their proposed merger.