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Earnings Call

Devyani International Earnings Call: Key Takeaways

Management projects optimism through leadership overhaul and Sapphire Foods merger despite Pizza Hut underperformance and gas crisis headwinds.

Highlights
Revenue growthConsolidated revenue grew 18.5% YoY to INR 1437cr.
MarginsGross margin improved to 68.8%; KFC margins improved to 17%.
Demand visibilityStability noted in consumption trends; optimistic about FY27 demand recovery.
Management confidenceBalanced but over-reliant on 'transformation' narrative and new leadership.

Growth

KFC led with 14.8% growth and 4.9% SSSG; international business crossed INR 500cr quarterly revenue milestone.

Outlook

Guided 200-225 new stores for FY27; Sapphire merger completion expected by end of FY26.

Risks

Pizza Hut SSSG remains negative at -3.7%; gas crisis and high commodity prices pressure margins.

Source

Earnings Call filed with BSE, 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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