View ValuationDevyani International 将来の成長Future 基準チェック /46Devyani International利益と収益がそれぞれ年間56.7%と11%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に9.8% 76.2%なると予測されています。主要情報56.7%収益成長率76.16%EPS成長率Hospitality 収益成長38.1%収益成長率11.0%将来の株主資本利益率9.79%アナリストカバレッジGood最終更新日04 Jun 2026今後の成長に関する最新情報Major Estimate Revision • Nov 04Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 EPS estimate increased from ₹2.24 to ₹2.53. Revenue forecast steady at ₹30.7b. Net income forecast to grow 11% next year vs 39% growth forecast for Hospitality industry in India. Consensus price target of ₹208 unchanged from last update. Share price fell 4.8% to ₹183 over the past week.Major Estimate Revision • Aug 10Consensus EPS estimates increase by 14%The consensus outlook for earnings per share (EPS) in 2023 has improved. 2023 revenue forecast increased from ₹29.7b to ₹30.7b. EPS estimate increased from ₹2.01 to ₹2.30 per share. Net income forecast to grow 13% next year vs 94% growth forecast for Hospitality industry in India. Consensus price target up from ₹188 to ₹201. Share price was steady at ₹190 over the past week.Major Estimate Revision • Feb 11Consensus EPS estimates increase by 46%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ₹20.0b to ₹21.1b. EPS estimate increased from ₹0.62 to ₹0.90 per share. Net income forecast to grow 106% next year vs 30% growth forecast for Hospitality industry in India. Consensus price target up from ₹181 to ₹191. Share price was steady at ₹177 over the past week.すべての更新を表示Recent updatesReported Earnings • May 17Full year 2026 earnings: EPS misses analyst expectationsFull year 2026 results: ₹0.31 loss per share (down from ₹0.076 profit in FY 2025). Revenue: ₹56.6b (up 14% from FY 2025). Net loss: ₹386.3m (down ₹477.8m from profit in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 118%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Hospitality industry in India. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.お知らせ • May 08Devyani International Limited to Report Q4, 2026 Results on May 15, 2026Devyani International Limited announced that they will report Q4, 2026 results at 12:08 PM, Indian Standard Time on May 15, 2026Buy Or Sell Opportunity • Apr 29Now 29% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to ₹128. The fair value is estimated to be ₹99.08, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Meanwhile, the company became loss making.お知らせ • Mar 10Devyani International Limited (NSEI:DEVYANI) completed the acquisition of remaining 11.40% stake in Sky Gate Hospitality Pvt. Ltd. from Kaushik Kumar Roy and others.Devyani International Limited (NSEI:DEVYANI) agreed to acquire remaining 11.40% stake in Sky Gate Hospitality Pvt. Ltd. from Kaushik Kumar Roy and others for approximately INR 570 million on February 4, 2026. As part of consideration, Devyani International Limited will pay INR 275 million in cash and will issue and allotment of 3,00,000 fully paid-up 0.001% Non convertible Redeemable Preference Shares of INR 1000 per share, Pvt. Ltd. Upon completion, Devyani International Limited will own 100% stake in Sky Gate Hospitality Pvt. Ltd. For the period ending March 31, 2025, Sky Gate Hospitality Pvt. Ltd. reported total revenue of INR 2.77 billion. The transaction is not subject to regulatory approvals and has been approved by the board of directors of Devyani International Limited. The transaction has received approval from the shareholders of Devyani International Limited. The transaction is expected to close by March 31, 2026. Devyani International Limited (NSEI:DEVYANI) completed the acquisition of remaining 11.40% stake in Sky Gate Hospitality Pvt. Ltd. from Kaushik Kumar Roy and others on March 9, 2026. Following the receipt of Devyani International shareholder approval, Devyani International has issued 300,000 Non-convertible Redeemable Preference Shares at a par value of INR 1,000 each, amounting to approximately INR 300 million. This issuance was made on a private placement basis to Kaushik Kumar Roy, the promoter and founder of Sky Gate, as part of the consideration for the acquisition. Additionally, Devyani has paid INR 275 million in cash to the founders and promoters of Sky Gate to settle the remaining consideration.お知らせ • Feb 07+ 1 more updateDevyani International Ltd Announces Chief Financial Officer Changes, Effective April 1, 2026Devyani International Ltd. announced that following this transition, the company's current finance executive vice-president Anupam Kumar will step into the position of CFO. The leadership change will be effective from April 1, 2026. The company appointed its chief financial officer (CFO) Manish Dawar as the company's next CEO and president.Reported Earnings • Feb 05Third quarter 2026 earnings: EPS and revenues miss analyst expectationsThird quarter 2026 results: ₹0.072 loss per share (further deteriorated from ₹0.004 loss in 3Q 2025). Revenue: ₹14.5b (up 12% from 3Q 2025). Net loss: ₹94.0m (loss widened ₹89.1m from 3Q 2025). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Hospitality industry in India. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance.お知らせ • Feb 04Devyani International Limited (NSEI:DEVYANI) agreed to acquire remaining 11.40% stake in Sky Gate Hospitality Pvt. Ltd. for approximately INR 570 million.Devyani International Limited (NSEI:DEVYANI) agreed to acquire remaining 11.40% stake in Sky Gate Hospitality Pvt. Ltd. for approximately INR 570 million on February 4, 2026. As part of consideration, Devyani International Limited will pay INR 275 million in cash and will issue and allotment of 3,00,000 fully paid-up 0.001% Non convertible Redeemable Preference Shares of INR 1000 per share, Pvt. Ltd. Upon completion, Devyani International Limited will own 100% stake in Sky Gate Hospitality Pvt. Ltd. For the period ending March 31, 2025, Sky Gate Hospitality Pvt. Ltd. reported total revenue of INR 2.77 billion. The transaction is not subject to regulatory approvals and has been approved by the board of directors of Devyani International Limited. The transaction is expected to close by March 31, 2026.お知らせ • Feb 02Devyani International Limited to Report Q3, 2026 Results on Feb 04, 2026Devyani International Limited announced that they will report Q3, 2026 results on Feb 04, 2026Buy Or Sell Opportunity • Jan 30Now 21% overvaluedOver the last 90 days, the stock has fallen 28% to ₹116. The fair value is estimated to be ₹95.77, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Meanwhile, the company became loss making.お知らせ • Jan 02+ 1 more updateDevyani International Limited (NSEI:DEVYANI) entered into a binding term sheet to acquire 19 KFC Stores of Yum! Restaurants (India) Private Limited for approximately INR 900 million.Devyani International Limited (NSEI:DEVYANI) entered into a binding term sheet to acquire 19 KFC Stores of Yum! Restaurants (India) Private Limited for approximately INR 900 million on January 1, 2026. A cash consideration of INR 900 million will be paid by Devyani International Limited. As part of consideration, INR 900 million is paid towards 19 KFC Stores of Yum! Restaurants (India) Private Limited. In related transactions, Devyani International Limited is acquiring 81.5% stake in Sapphire Foods India Limited and Arctic International Private Limited is acquiring 18.5% of Sapphire Foods India Limited. The transaction is subject to approval by the Hon’ble National Company Law Tribunal. The deal has been approved by Sapphire Foods India Limited.Reported Earnings • Nov 07Second quarter 2026 earnings released: ₹0.16 loss per share (vs ₹0 in 2Q 2025)Second quarter 2026 results: ₹0.16 loss per share (further deteriorated from ₹0 in 2Q 2025). Revenue: ₹13.8b (up 13% from 2Q 2025). Net loss: ₹195.2m (down ₹195.4m from profit in 2Q 2025). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Hospitality industry in India. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.お知らせ • Oct 31Devyani International Limited to Report Q2, 2026 Results on Nov 06, 2025Devyani International Limited announced that they will report Q2, 2026 results on Nov 06, 2025Reported Earnings • Aug 14First quarter 2026 earnings released: EPS: ₹0.032 (vs ₹0.25 in 1Q 2025)First quarter 2026 results: EPS: ₹0.032 (down from ₹0.25 in 1Q 2025). Revenue: ₹13.6b (up 11% from 1Q 2025). Net income: ₹38.8m (down 87% from 1Q 2025). Profit margin: 0.3% (down from 2.5% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Hospitality industry in India. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.お知らせ • Aug 06Devyani International Limited to Report Q1, 2026 Results on Aug 13, 2025Devyani International Limited announced that they will report Q1, 2026 results During-Market on Aug 13, 2025Reported Earnings • Jul 09Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: ₹0.076 (down from ₹0.39 in FY 2024). Revenue: ₹49.5b (up 39% from FY 2024). Net income: ₹91.5m (down 81% from FY 2024). Profit margin: 0.2% (down from 1.3% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 81%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Hospitality industry in India. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.お知らせ • Jul 07Yum! Brands Reportedly in Talks to Facilitate Devyani, Sapphire MergerYum! Brands, Inc. (NYSE:YUM), the American owner of fast-food restaurant chains KFC and Pizza Hut, is in talks to facilitate a merger of Devyani International Limited (NSEI:DEVYANI) and Sapphire Foods India Limited (NSEI:SAPPHIRE)—its publicly-traded franchisee partners in the country, people aware of the developments said. The negotiations could result in Sapphire Foods getting absorbed by DIL through a share swap deal. This would entail the latter either acquiring the franchisee rights of KFC and Pizza Hut from Sapphire Foods, or all of KFC’s franchisee stores in India getting consolidated under DIL, the people cited above said. One of the persons cited above said a 1:3 share swap ratio is being prepared with Sapphire shareholders getting one share of DIL for every three owned. This plan could not be independently verified. "There are direct synergies for DIL, since it is owned by PepsiCo’s bottling partner Varun Beverages Ltd. (VBL),” a second person said.お知らせ • Jun 11Devyani International Limited (NSEI:DEVYANI) completed the acquisition of 80.72% stake in Sky Gate Hospitality Pvt Ltd for INR 3.9 billion.Devyani International Limited (NSEI:DEVYANI) signed a letter of intent to acquire 80.72% stake in Sky Gate Hospitality Pvt Ltd for INR 4.2 billion on April 19, 2025. For the year ended March 31, 2025, Sky Gate Hospitality Pvt Ltd reported revenue of INR 2.77 billion. The transaction is subject to approval of offer by acquirer shareholders and approval of offer by acquirer board. The board of directors of Devyani International Limited approved the acquisition on April 24, 2025. As of May 17, 2025, the deal has been approved by the shareholders of Devyani International Limited. As of May 23, 2025, the deal is expected to close by the end of May 2025. As of June 9, 2025, the deal has received the approval of National Stock Exchange of India Limited and BSE Limited. Devyani International Limited (NSEI:DEVYANI) completed the acquisition of 80.72% stake in Sky Gate Hospitality Pvt Ltd on June 10, 2025.Reported Earnings • May 24Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: ₹0.08 (down from ₹0.39 in FY 2024). Revenue: ₹49.9b (up 40% from FY 2024). Net income: ₹91.5m (down 81% from FY 2024). Profit margin: 0.2% (down from 1.3% in FY 2024). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 81%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Hospitality industry in India. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.お知らせ • May 23+ 1 more updateDevyani International Limited, Annual General Meeting, Jul 28, 2025Devyani International Limited, Annual General Meeting, Jul 28, 2025.Reported Earnings • Feb 12Third quarter 2025 earnings released: ₹0.004 loss per share (vs ₹0.08 profit in 3Q 2024)Third quarter 2025 results: ₹0.004 loss per share (down from ₹0.08 profit in 3Q 2024). Revenue: ₹12.9b (up 54% from 3Q 2024). Net loss: ₹4.92m (down 105% from profit in 3Q 2024). Profit margin: 0% (down from 1.1% in 3Q 2024). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Hospitality industry in India. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has remained flat, which means it is well ahead of earnings.お知らせ • Feb 11Devyani International Limited Approves Appointment of Deepak Kumar as Head of Finance (Senior Management Personnel)Devyani International Limited at the board meeting held on February 11, 2025, approved the appointment of Deepak Kumar as Head of Finance (Senior Management Personnel) of the Company, with effect from February 11, 2025. Mr. Deepak Kumar is a commerce graduate and Chartered Accountant with experience of over 20 years. He has worked with companies like Chambal Fertilizers and Chemicals Limited, Nestle India Limited, Whirlpool of India Limited, Apollo Tyres Limited and Bridgestone India.お知らせ • Nov 26Devyani International Limited Announces Executive ChangesDevyani International Limited announced that Mr. Sreejit Madhavan Nair, CEO-Costa Coffee (designated as Senior Management Personnel), has tendered his resignation from the services of the Company effective from close of business hours of January 8, 2025. Mr. Kamaljit Singh Bedi, CEO- Institutional Business and New Business Ventures (a Senior Management Personnel), who currently has the responsibility for all operations pertaining to Institutional Business and New Business Ventures, shall be taking over from Mr. Sreejit Madhavan Nair, in his new role as CEO- Costa Coffee and Airport Business. Mr. Bedi has been the CEO- Institutional Business and New Business Ventures of the Company since May 14, 2024. He is a Post- Graduate in Marketing and Export Management and has enriched experience of over 25 years working with companies/brands like ITC, Levi's, Airtel, Mattel Inc, BIBA, Creambell and Rich Products.Reported Earnings • Nov 12Second quarter 2025 earnings released: EPS: ₹0 (vs ₹0.28 in 2Q 2024)Second quarter 2025 results: EPS: ₹0 (down from ₹0.28 in 2Q 2024). Revenue: ₹12.3b (up 50% from 2Q 2024). Net income: ₹170.0k (down 100% from 2Q 2024). Profit margin: 0% (down from 4.1% in 2Q 2024). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Hospitality industry in India. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.お知らせ • Oct 23Devyani International Limited Approves the Appointment of Shivashish Pandey as CEO - Yum Brands, Effective from October 28, 2024Devyani International Limited informed that as per the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company vide Circular Resolution passed on October 23, 2024 approved the appointment of Mr. Shivashish Pandey as CEO - Yum Brands (Senior Management Personnel of the Company) with effect from October 28, 2024. Mr. Shivashish Pandey is a Commerce Graduate, Chartered Accountant and has done Advanced Management Program from Harvard Business School. He has more than two decades of experience of working at leadership positions in various companies including as the CEO of PT. Fast Food Indonesia Tbk, a listed QSR company in Indonesia, with over 700 stores of KFC and Taco Bell. He has also been earlier associated with the Company for a short-term in the capacity of Chief Business Development Officer and CEO-Pizza Hut.お知らせ • Aug 15Devyani International Limited Announces Resignation of Devesh Dubey, Head-Projects and MaintenanceDevyani International Limited announced that Mr. Devesh Dubey, Head-Projects and Maintenance (designated as Senior Management Personnel) has tendered his resignation from the services of the company effective from close of business hours of August 13, 2024.Reported Earnings • Aug 06First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: ₹0.25 (up from ₹0.10 in 1Q 2024). Revenue: ₹12.2b (up 44% from 1Q 2024). Net income: ₹301.1m (up 156% from 1Q 2024). Profit margin: 2.5% (up from 1.4% in 1Q 2024). Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Hospitality industry in India.お知らせ • Jul 13Devyani International Limited to Report Q1, 2025 Results on Aug 05, 2024Devyani International Limited announced that they will report Q1, 2025 results on Aug 05, 2024Reported Earnings • Jun 18Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: ₹0.39 (down from ₹2.20 in FY 2023). Revenue: ₹35.6b (up 19% from FY 2023). Net income: ₹472.6m (down 82% from FY 2023). Profit margin: 1.3% (down from 8.8% in FY 2023). Same store sales growth: Down 4.6% vs FY 2023 Total stores: 1,782 (up by 539 from FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 50%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Hospitality industry in India.お知らせ • Jun 14+ 3 more updatesDevyani International Limited to Report Q3, 2025 Results on Feb 14, 2025Devyani International Limited announced that they will report Q3, 2025 results on Feb 14, 2025お知らせ • May 16Devyani International Limited, Annual General Meeting, Jul 05, 2024Devyani International Limited, Annual General Meeting, Jul 05, 2024.Reported Earnings • May 15Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: ₹0.39 (down from ₹2.20 in FY 2023). Revenue: ₹35.9b (up 20% from FY 2023). Net income: ₹472.6m (down 82% from FY 2023). Profit margin: 1.3% (down from 8.8% in FY 2023). Revenue exceeded analyst estimates by 4.8%. Earnings per share (EPS) missed analyst estimates by 55%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Hospitality industry in India.お知らせ • May 15Devyani International Limited Approves the Appointment of Kamaljit Singh Bedi as CEO, Institutional Business and New Business VenturesDevyani International Limited at its board of directors meeting held May 14, 2024, Approved the appointment of Mr. Kamaljit Singh Bedi as CEO - Institutional Business and New Business Ventures (Senior Management Personnel of the Company), with effect from May 14, 2024. Mr. Kamaljit Singh Bedi is a Post Graduate in Marketing and Export Management and has enriched experience of over 25 years working with companies like ITC, Levi's, Airtel, Mattel Inc, BIBA, Creambell and Rich Products.お知らせ • May 08Devyani International Limited Announces the Resignation of Gaurav Gupta as Head of FinanceDevyani International Limited announced that Mr. Gaurav Gupta, Head of Finance (designated as Senior Management Personnel), has tendered his resignation from the services of the Company effective from close of business hours of May 7, 2024.Board Change • May 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. Independent Director Prashant Purker was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Apr 23Devyani International Limited Announces Cessation of Naresh Trehan as Independent DirectorDevyani International Limited announced that upon completion of first term at the close of business hours April 20, 2024, Dr. Naresh Trehan ceased to be an Independent Director of the Company.お知らせ • Mar 21Devyani International Limited Announces Executive Changes, Effective March 29, 2024Devyani International Limited announced the resignation of Mr. Rajat Luthra as CEO-KFC, Effective from March 29, 2024. Mr. Pradeep Das, CEO - Airports & Institutional Business (a Senior Management Personnel), who currentlyhas the responsibility for all operations pertaining to Airports & Institutional Business, shall be taking over from Mr. Rajat Luthra, in his new role as CEO - KFC. He is already a Senior Management Personnel. However, he has been designated as CEO-KFC,effective from March 29, 2024. Mr. Das has been associated with the Company since December 2022 as CEO- Airports & Institutional Business. He is an IHM Kolkata graduate and attended Management Development Programme from IIM Kolkata. He holds an International Executive Master's in Business from SDA Bocconi, School of Management, Milan Italy. He brings over two decades of experience in the Hospitality and Retail Industry. He has worked with organizations like RPG Group (Nature's Basket), Future Retail Limited and Hypercity India Pvt. Ltd.お知らせ • Feb 22Yum Restaurants Reportedly Likely to Sell Entire 4.4% Stake in Devyani International Via Block DealsYum Restaurants (India) Private Limited is likely to exit quick service restaurant major Devyani International Limited (NSEI:DEVYANI) by selling a 4.4% stake through a block deal on February 21, 2024, according to news reports. Through the sale, Yum Restaurants plans to raise around INR 8,150 million, reports said. The floor price for the sale has been fixed at INR 153.5 a share, which is at a discount of nearly 8% to the current price. Shares of Devyani International ended 0.6% up at INR 166.20 on the National Stock Exchange.New Risk • Feb 05New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.5% net profit margin).Reported Earnings • Feb 03Third quarter 2024 earnings released: EPS: ₹0.08 (vs ₹0.59 in 3Q 2023)Third quarter 2024 results: EPS: ₹0.08 (down from ₹0.59 in 3Q 2023). Revenue: ₹8.61b (up 8.9% from 3Q 2023). Net income: ₹96.2m (down 87% from 3Q 2023). Profit margin: 1.1% (down from 9.1% in 3Q 2023). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Hospitality industry in India.お知らせ • Jan 25Devyani International Limited to Report Q3, 2024 Results on Feb 02, 2024Devyani International Limited announced that they will report Q3, 2024 results on Feb 02, 2024Reported Earnings • Nov 08Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: ₹0.28 (down from ₹0.49 in 2Q 2023). Revenue: ₹8.26b (up 11% from 2Q 2023). Net income: ₹333.5m (down 43% from 2Q 2023). Profit margin: 4.0% (down from 7.9% in 2Q 2023). Revenue missed analyst estimates by 5.3%. Earnings per share (EPS) exceeded analyst estimates by 40%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Hospitality industry in India.お知らせ • Oct 31Devyani International Limited to Report Q2, 2024 Results on Nov 07, 2023Devyani International Limited announced that they will report Q2, 2024 results on Nov 07, 2023New Risk • Aug 06New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.5% net profit margin).Reported Earnings • Aug 05First quarter 2024 earnings: EPS misses analyst expectationsFirst quarter 2024 results: EPS: ₹0.10 (down from ₹0.61 in 1Q 2023). Revenue: ₹8.47b (up 20% from 1Q 2023). Net income: ₹117.6m (down 84% from 1Q 2023). Profit margin: 1.4% (down from 11% in 1Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 75%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Hospitality industry in India.お知らせ • Jul 29Devyani International Limited to Report Q1, 2024 Results on Aug 04, 2023Devyani International Limited announced that they will report Q1, 2024 results on Aug 04, 2023お知らせ • May 18Devyani International Limited Announces Executive ChangesDevyani International Limited announced that Mr. Pankaj Virmani (ACS:18823) has been appointed as a Company Secretary & Compliance Officer (Key Managerial Personnel) of the Company with effect from May 18, 2023 in place of Mr. Varun Kumar Prabhakar, Company Secretary & Compliance Officer of the Company, who will continue to work with the Company and discharge his responsibilities with respect to the legal function of the Company.Reported Earnings • May 18Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: ₹2.20 (up from ₹1.32 in FY 2022). Revenue: ₹30.3b (up 45% from FY 2022). Net income: ₹2.65b (up 70% from FY 2022). Profit margin: 8.7% (up from 7.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.8%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Hospitality industry in India.お知らせ • May 17Devyani International Limited, Annual General Meeting, Jul 03, 2023Devyani International Limited, Annual General Meeting, Jul 03, 2023.お知らせ • May 12Devyani International Limited to Report Q4, 2023 Results on May 17, 2023Devyani International Limited announced that they will report Q4, 2023 results on May 17, 2023Reported Earnings • Feb 10Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: ₹0.59 (up from ₹0.52 in 3Q 2022). Revenue: ₹7.99b (up 28% from 3Q 2022). Net income: ₹716.7m (up 14% from 3Q 2022). Profit margin: 9.0% (down from 10% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) exceeded analyst estimates by 31%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Hospitality industry in India.お知らせ • Jan 31Devyani International Limited to Report Q3, 2023 Results on Feb 09, 2023Devyani International Limited announced that they will report Q3, 2023 results at 4:00 PM, Indian Standard Time on Feb 09, 2023Board Change • Nov 16High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Director Prashant Purker was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 05Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: ₹0.49 (up from ₹0.39 in 2Q 2022). Revenue: ₹7.52b (up 46% from 2Q 2022). Net income: ₹587.6m (up 29% from 2Q 2022). Profit margin: 7.8% (down from 8.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Hospitality industry in India.Major Estimate Revision • Nov 04Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 EPS estimate increased from ₹2.24 to ₹2.53. Revenue forecast steady at ₹30.7b. Net income forecast to grow 11% next year vs 39% growth forecast for Hospitality industry in India. Consensus price target of ₹208 unchanged from last update. Share price fell 4.8% to ₹183 over the past week.お知らせ • Oct 23Devyani International Limited to Report Q2, 2023 Results on Nov 03, 2022Devyani International Limited announced that they will report Q2, 2023 results on Nov 03, 2022Major Estimate Revision • Aug 10Consensus EPS estimates increase by 14%The consensus outlook for earnings per share (EPS) in 2023 has improved. 2023 revenue forecast increased from ₹29.7b to ₹30.7b. EPS estimate increased from ₹2.01 to ₹2.30 per share. Net income forecast to grow 13% next year vs 94% growth forecast for Hospitality industry in India. Consensus price target up from ₹188 to ₹201. Share price was steady at ₹190 over the past week.Reported Earnings • Aug 04First quarter 2023 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2023 results: EPS: ₹0.61 (up from ₹0.07 in 1Q 2022). Revenue: ₹7.14b (up 64% from 1Q 2022). Net income: ₹738.5m (up ₹654.4m from 1Q 2022). Profit margin: 10% (up from 1.9% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) also surpassed analyst estimates by 52%. Over the next year, revenue is forecast to grow 33%, compared to a 37% growth forecast for the industry in India.お知らせ • Jul 26Devyani International Limited to Report Q1, 2023 Results on Aug 03, 2022Devyani International Limited announced that they will report Q1, 2023 results on Aug 03, 2022Reported Earnings • Jun 09Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: ₹1.32 (up from ₹0.67 loss in FY 2021). Revenue: ₹20.8b (up 84% from FY 2021). Net income: ₹1.56b (up ₹2.30b from FY 2021). Profit margin: 7.5% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Total stores: 938 (up by 246 from FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 47%. Over the next year, revenue is forecast to grow 43%, compared to a 47% growth forecast for the restaurants industry in India.Board Change • Jun 02High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Additional Independent Non-Executive Director Prashant Purker was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • May 03+ 1 more updateDevyani International Limited Announces Management AppointmentsDevyani International Limited at its board meeting held on May 2, 2022 announced appointment of Mr. Prashant Purker as an Additional Director (in the category of Non-Executive Independent Director-DIN: 00082481) of the Company with immediate effect for a period of upto 5 (Five) years. Further, Mr. Prashant Purker is not debarred from holding office of an Additional Director (in the category of Non-Executive Independent Director) by virtue of any SEBI order or any other such Authority and appointment of Varun Kumar Prabhakar as Company Secretary & Compliance Officer of the Company with immediate effect under the applicable provisions of the Companies Act, 2013, SEBI Regulations, 2015, SEBI (Prohibition of .Insider Trading) Regulations, 2015 and other applicable Laws/Regulations.Reported Earnings • May 03Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: ₹1.32 (up from ₹0.67 loss in FY 2021). Revenue: ₹21.0b (up 85% from FY 2021). Net income: ₹1.56b (up ₹2.30b from FY 2021). Profit margin: 7.4% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 47%. Over the next year, revenue is forecast to grow 40%, compared to a 46% growth forecast for the restaurants industry in India.Major Estimate Revision • Feb 11Consensus EPS estimates increase by 46%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ₹20.0b to ₹21.1b. EPS estimate increased from ₹0.62 to ₹0.90 per share. Net income forecast to grow 106% next year vs 30% growth forecast for Hospitality industry in India. Consensus price target up from ₹181 to ₹191. Share price was steady at ₹177 over the past week.Reported Earnings • Feb 07Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: ₹0.52. Revenue: ₹6.28b (flat on 3Q 2021). Net income: ₹631.2m (up ₹631.2m from 3Q 2021). Profit margin: 10.0% (up from null in 3Q 2021). Revenue exceeded analyst estimates by 14%. Over the next year, revenue is forecast to grow 46%, compared to a 44% growth forecast for the industry in India.業績と収益の成長予測BSE:543330 - アナリストの将来予測と過去の財務データ ( )INR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/202981,0032,25511,16612,652103/31/202871,3821,5017,77311,901203/31/202763,2035176,9839,346193/31/202656,566-3864,6029,192N/A12/31/202553,872-398N/AN/AN/A9/30/202552,407-3093,9948,283N/A6/30/202550,861-171N/AN/AN/A3/31/202549,511914,0939,002N/A12/31/202447,855164N/AN/AN/A9/30/202443,3433232,6137,894N/A6/30/202439,316656N/AN/AN/A3/31/202435,5634731,1405,925N/A12/31/202332,6421,154N/AN/AN/A9/30/202332,1171,7752,1766,330N/A6/30/202331,3962,029N/AN/AN/A3/31/202329,9772,6501,9976,370N/A12/31/202228,3352,807N/AN/AN/A9/30/202226,6732,7211,7355,385N/A6/30/202224,3602,591N/AN/AN/A3/31/202220,8401,5631,4434,506N/A12/31/202119,2641,027N/AN/AN/A9/30/202116,8109161,2054,008N/A6/30/202113,263-282N/AN/AN/A3/31/202111,348-7351,0222,396N/A3/31/202015,164-7902,0083,007N/A3/31/201913,106-444N/A2,778N/A3/31/201811,106460N/A910N/A3/31/201710,475-1,201N/A903N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 543330は今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 6.9% ) よりも高い成長率であると考えられます。収益対市場: 543330今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。高成長収益: 543330今後 3 年以内に収益を上げることが予想されます。収益対市場: 543330の収益 ( 11% ) Indian市場 ( 10.8% ) よりも速いペースで成長すると予測されています。高い収益成長: 543330の収益 ( 11% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 543330の 自己資本利益率 は、3年後には低くなると予測されています ( 9.8 %)。成長企業の発掘7D1Y7D1Y7D1YConsumer-services 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/05 22:43終値2026/06/05 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Devyani International Limited 20 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。36 アナリスト機関Videesha ShethAmbit CapitalAshwin MehtaAmbit Capitalnull nullAnand Rathi Shares and Stock Brokers Limited33 その他のアナリストを表示
Major Estimate Revision • Nov 04Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 EPS estimate increased from ₹2.24 to ₹2.53. Revenue forecast steady at ₹30.7b. Net income forecast to grow 11% next year vs 39% growth forecast for Hospitality industry in India. Consensus price target of ₹208 unchanged from last update. Share price fell 4.8% to ₹183 over the past week.
Major Estimate Revision • Aug 10Consensus EPS estimates increase by 14%The consensus outlook for earnings per share (EPS) in 2023 has improved. 2023 revenue forecast increased from ₹29.7b to ₹30.7b. EPS estimate increased from ₹2.01 to ₹2.30 per share. Net income forecast to grow 13% next year vs 94% growth forecast for Hospitality industry in India. Consensus price target up from ₹188 to ₹201. Share price was steady at ₹190 over the past week.
Major Estimate Revision • Feb 11Consensus EPS estimates increase by 46%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ₹20.0b to ₹21.1b. EPS estimate increased from ₹0.62 to ₹0.90 per share. Net income forecast to grow 106% next year vs 30% growth forecast for Hospitality industry in India. Consensus price target up from ₹181 to ₹191. Share price was steady at ₹177 over the past week.
Reported Earnings • May 17Full year 2026 earnings: EPS misses analyst expectationsFull year 2026 results: ₹0.31 loss per share (down from ₹0.076 profit in FY 2025). Revenue: ₹56.6b (up 14% from FY 2025). Net loss: ₹386.3m (down ₹477.8m from profit in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 118%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Hospitality industry in India. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.
お知らせ • May 08Devyani International Limited to Report Q4, 2026 Results on May 15, 2026Devyani International Limited announced that they will report Q4, 2026 results at 12:08 PM, Indian Standard Time on May 15, 2026
Buy Or Sell Opportunity • Apr 29Now 29% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to ₹128. The fair value is estimated to be ₹99.08, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Meanwhile, the company became loss making.
お知らせ • Mar 10Devyani International Limited (NSEI:DEVYANI) completed the acquisition of remaining 11.40% stake in Sky Gate Hospitality Pvt. Ltd. from Kaushik Kumar Roy and others.Devyani International Limited (NSEI:DEVYANI) agreed to acquire remaining 11.40% stake in Sky Gate Hospitality Pvt. Ltd. from Kaushik Kumar Roy and others for approximately INR 570 million on February 4, 2026. As part of consideration, Devyani International Limited will pay INR 275 million in cash and will issue and allotment of 3,00,000 fully paid-up 0.001% Non convertible Redeemable Preference Shares of INR 1000 per share, Pvt. Ltd. Upon completion, Devyani International Limited will own 100% stake in Sky Gate Hospitality Pvt. Ltd. For the period ending March 31, 2025, Sky Gate Hospitality Pvt. Ltd. reported total revenue of INR 2.77 billion. The transaction is not subject to regulatory approvals and has been approved by the board of directors of Devyani International Limited. The transaction has received approval from the shareholders of Devyani International Limited. The transaction is expected to close by March 31, 2026. Devyani International Limited (NSEI:DEVYANI) completed the acquisition of remaining 11.40% stake in Sky Gate Hospitality Pvt. Ltd. from Kaushik Kumar Roy and others on March 9, 2026. Following the receipt of Devyani International shareholder approval, Devyani International has issued 300,000 Non-convertible Redeemable Preference Shares at a par value of INR 1,000 each, amounting to approximately INR 300 million. This issuance was made on a private placement basis to Kaushik Kumar Roy, the promoter and founder of Sky Gate, as part of the consideration for the acquisition. Additionally, Devyani has paid INR 275 million in cash to the founders and promoters of Sky Gate to settle the remaining consideration.
お知らせ • Feb 07+ 1 more updateDevyani International Ltd Announces Chief Financial Officer Changes, Effective April 1, 2026Devyani International Ltd. announced that following this transition, the company's current finance executive vice-president Anupam Kumar will step into the position of CFO. The leadership change will be effective from April 1, 2026. The company appointed its chief financial officer (CFO) Manish Dawar as the company's next CEO and president.
Reported Earnings • Feb 05Third quarter 2026 earnings: EPS and revenues miss analyst expectationsThird quarter 2026 results: ₹0.072 loss per share (further deteriorated from ₹0.004 loss in 3Q 2025). Revenue: ₹14.5b (up 12% from 3Q 2025). Net loss: ₹94.0m (loss widened ₹89.1m from 3Q 2025). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Hospitality industry in India. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 04Devyani International Limited (NSEI:DEVYANI) agreed to acquire remaining 11.40% stake in Sky Gate Hospitality Pvt. Ltd. for approximately INR 570 million.Devyani International Limited (NSEI:DEVYANI) agreed to acquire remaining 11.40% stake in Sky Gate Hospitality Pvt. Ltd. for approximately INR 570 million on February 4, 2026. As part of consideration, Devyani International Limited will pay INR 275 million in cash and will issue and allotment of 3,00,000 fully paid-up 0.001% Non convertible Redeemable Preference Shares of INR 1000 per share, Pvt. Ltd. Upon completion, Devyani International Limited will own 100% stake in Sky Gate Hospitality Pvt. Ltd. For the period ending March 31, 2025, Sky Gate Hospitality Pvt. Ltd. reported total revenue of INR 2.77 billion. The transaction is not subject to regulatory approvals and has been approved by the board of directors of Devyani International Limited. The transaction is expected to close by March 31, 2026.
お知らせ • Feb 02Devyani International Limited to Report Q3, 2026 Results on Feb 04, 2026Devyani International Limited announced that they will report Q3, 2026 results on Feb 04, 2026
Buy Or Sell Opportunity • Jan 30Now 21% overvaluedOver the last 90 days, the stock has fallen 28% to ₹116. The fair value is estimated to be ₹95.77, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Meanwhile, the company became loss making.
お知らせ • Jan 02+ 1 more updateDevyani International Limited (NSEI:DEVYANI) entered into a binding term sheet to acquire 19 KFC Stores of Yum! Restaurants (India) Private Limited for approximately INR 900 million.Devyani International Limited (NSEI:DEVYANI) entered into a binding term sheet to acquire 19 KFC Stores of Yum! Restaurants (India) Private Limited for approximately INR 900 million on January 1, 2026. A cash consideration of INR 900 million will be paid by Devyani International Limited. As part of consideration, INR 900 million is paid towards 19 KFC Stores of Yum! Restaurants (India) Private Limited. In related transactions, Devyani International Limited is acquiring 81.5% stake in Sapphire Foods India Limited and Arctic International Private Limited is acquiring 18.5% of Sapphire Foods India Limited. The transaction is subject to approval by the Hon’ble National Company Law Tribunal. The deal has been approved by Sapphire Foods India Limited.
Reported Earnings • Nov 07Second quarter 2026 earnings released: ₹0.16 loss per share (vs ₹0 in 2Q 2025)Second quarter 2026 results: ₹0.16 loss per share (further deteriorated from ₹0 in 2Q 2025). Revenue: ₹13.8b (up 13% from 2Q 2025). Net loss: ₹195.2m (down ₹195.4m from profit in 2Q 2025). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Hospitality industry in India. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.
お知らせ • Oct 31Devyani International Limited to Report Q2, 2026 Results on Nov 06, 2025Devyani International Limited announced that they will report Q2, 2026 results on Nov 06, 2025
Reported Earnings • Aug 14First quarter 2026 earnings released: EPS: ₹0.032 (vs ₹0.25 in 1Q 2025)First quarter 2026 results: EPS: ₹0.032 (down from ₹0.25 in 1Q 2025). Revenue: ₹13.6b (up 11% from 1Q 2025). Net income: ₹38.8m (down 87% from 1Q 2025). Profit margin: 0.3% (down from 2.5% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Hospitality industry in India. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
お知らせ • Aug 06Devyani International Limited to Report Q1, 2026 Results on Aug 13, 2025Devyani International Limited announced that they will report Q1, 2026 results During-Market on Aug 13, 2025
Reported Earnings • Jul 09Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: ₹0.076 (down from ₹0.39 in FY 2024). Revenue: ₹49.5b (up 39% from FY 2024). Net income: ₹91.5m (down 81% from FY 2024). Profit margin: 0.2% (down from 1.3% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 81%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Hospitality industry in India. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
お知らせ • Jul 07Yum! Brands Reportedly in Talks to Facilitate Devyani, Sapphire MergerYum! Brands, Inc. (NYSE:YUM), the American owner of fast-food restaurant chains KFC and Pizza Hut, is in talks to facilitate a merger of Devyani International Limited (NSEI:DEVYANI) and Sapphire Foods India Limited (NSEI:SAPPHIRE)—its publicly-traded franchisee partners in the country, people aware of the developments said. The negotiations could result in Sapphire Foods getting absorbed by DIL through a share swap deal. This would entail the latter either acquiring the franchisee rights of KFC and Pizza Hut from Sapphire Foods, or all of KFC’s franchisee stores in India getting consolidated under DIL, the people cited above said. One of the persons cited above said a 1:3 share swap ratio is being prepared with Sapphire shareholders getting one share of DIL for every three owned. This plan could not be independently verified. "There are direct synergies for DIL, since it is owned by PepsiCo’s bottling partner Varun Beverages Ltd. (VBL),” a second person said.
お知らせ • Jun 11Devyani International Limited (NSEI:DEVYANI) completed the acquisition of 80.72% stake in Sky Gate Hospitality Pvt Ltd for INR 3.9 billion.Devyani International Limited (NSEI:DEVYANI) signed a letter of intent to acquire 80.72% stake in Sky Gate Hospitality Pvt Ltd for INR 4.2 billion on April 19, 2025. For the year ended March 31, 2025, Sky Gate Hospitality Pvt Ltd reported revenue of INR 2.77 billion. The transaction is subject to approval of offer by acquirer shareholders and approval of offer by acquirer board. The board of directors of Devyani International Limited approved the acquisition on April 24, 2025. As of May 17, 2025, the deal has been approved by the shareholders of Devyani International Limited. As of May 23, 2025, the deal is expected to close by the end of May 2025. As of June 9, 2025, the deal has received the approval of National Stock Exchange of India Limited and BSE Limited. Devyani International Limited (NSEI:DEVYANI) completed the acquisition of 80.72% stake in Sky Gate Hospitality Pvt Ltd on June 10, 2025.
Reported Earnings • May 24Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: ₹0.08 (down from ₹0.39 in FY 2024). Revenue: ₹49.9b (up 40% from FY 2024). Net income: ₹91.5m (down 81% from FY 2024). Profit margin: 0.2% (down from 1.3% in FY 2024). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 81%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Hospitality industry in India. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.
お知らせ • May 23+ 1 more updateDevyani International Limited, Annual General Meeting, Jul 28, 2025Devyani International Limited, Annual General Meeting, Jul 28, 2025.
Reported Earnings • Feb 12Third quarter 2025 earnings released: ₹0.004 loss per share (vs ₹0.08 profit in 3Q 2024)Third quarter 2025 results: ₹0.004 loss per share (down from ₹0.08 profit in 3Q 2024). Revenue: ₹12.9b (up 54% from 3Q 2024). Net loss: ₹4.92m (down 105% from profit in 3Q 2024). Profit margin: 0% (down from 1.1% in 3Q 2024). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Hospitality industry in India. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
お知らせ • Feb 11Devyani International Limited Approves Appointment of Deepak Kumar as Head of Finance (Senior Management Personnel)Devyani International Limited at the board meeting held on February 11, 2025, approved the appointment of Deepak Kumar as Head of Finance (Senior Management Personnel) of the Company, with effect from February 11, 2025. Mr. Deepak Kumar is a commerce graduate and Chartered Accountant with experience of over 20 years. He has worked with companies like Chambal Fertilizers and Chemicals Limited, Nestle India Limited, Whirlpool of India Limited, Apollo Tyres Limited and Bridgestone India.
お知らせ • Nov 26Devyani International Limited Announces Executive ChangesDevyani International Limited announced that Mr. Sreejit Madhavan Nair, CEO-Costa Coffee (designated as Senior Management Personnel), has tendered his resignation from the services of the Company effective from close of business hours of January 8, 2025. Mr. Kamaljit Singh Bedi, CEO- Institutional Business and New Business Ventures (a Senior Management Personnel), who currently has the responsibility for all operations pertaining to Institutional Business and New Business Ventures, shall be taking over from Mr. Sreejit Madhavan Nair, in his new role as CEO- Costa Coffee and Airport Business. Mr. Bedi has been the CEO- Institutional Business and New Business Ventures of the Company since May 14, 2024. He is a Post- Graduate in Marketing and Export Management and has enriched experience of over 25 years working with companies/brands like ITC, Levi's, Airtel, Mattel Inc, BIBA, Creambell and Rich Products.
Reported Earnings • Nov 12Second quarter 2025 earnings released: EPS: ₹0 (vs ₹0.28 in 2Q 2024)Second quarter 2025 results: EPS: ₹0 (down from ₹0.28 in 2Q 2024). Revenue: ₹12.3b (up 50% from 2Q 2024). Net income: ₹170.0k (down 100% from 2Q 2024). Profit margin: 0% (down from 4.1% in 2Q 2024). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Hospitality industry in India. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
お知らせ • Oct 23Devyani International Limited Approves the Appointment of Shivashish Pandey as CEO - Yum Brands, Effective from October 28, 2024Devyani International Limited informed that as per the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company vide Circular Resolution passed on October 23, 2024 approved the appointment of Mr. Shivashish Pandey as CEO - Yum Brands (Senior Management Personnel of the Company) with effect from October 28, 2024. Mr. Shivashish Pandey is a Commerce Graduate, Chartered Accountant and has done Advanced Management Program from Harvard Business School. He has more than two decades of experience of working at leadership positions in various companies including as the CEO of PT. Fast Food Indonesia Tbk, a listed QSR company in Indonesia, with over 700 stores of KFC and Taco Bell. He has also been earlier associated with the Company for a short-term in the capacity of Chief Business Development Officer and CEO-Pizza Hut.
お知らせ • Aug 15Devyani International Limited Announces Resignation of Devesh Dubey, Head-Projects and MaintenanceDevyani International Limited announced that Mr. Devesh Dubey, Head-Projects and Maintenance (designated as Senior Management Personnel) has tendered his resignation from the services of the company effective from close of business hours of August 13, 2024.
Reported Earnings • Aug 06First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: ₹0.25 (up from ₹0.10 in 1Q 2024). Revenue: ₹12.2b (up 44% from 1Q 2024). Net income: ₹301.1m (up 156% from 1Q 2024). Profit margin: 2.5% (up from 1.4% in 1Q 2024). Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Hospitality industry in India.
お知らせ • Jul 13Devyani International Limited to Report Q1, 2025 Results on Aug 05, 2024Devyani International Limited announced that they will report Q1, 2025 results on Aug 05, 2024
Reported Earnings • Jun 18Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: ₹0.39 (down from ₹2.20 in FY 2023). Revenue: ₹35.6b (up 19% from FY 2023). Net income: ₹472.6m (down 82% from FY 2023). Profit margin: 1.3% (down from 8.8% in FY 2023). Same store sales growth: Down 4.6% vs FY 2023 Total stores: 1,782 (up by 539 from FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 50%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Hospitality industry in India.
お知らせ • Jun 14+ 3 more updatesDevyani International Limited to Report Q3, 2025 Results on Feb 14, 2025Devyani International Limited announced that they will report Q3, 2025 results on Feb 14, 2025
お知らせ • May 16Devyani International Limited, Annual General Meeting, Jul 05, 2024Devyani International Limited, Annual General Meeting, Jul 05, 2024.
Reported Earnings • May 15Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: ₹0.39 (down from ₹2.20 in FY 2023). Revenue: ₹35.9b (up 20% from FY 2023). Net income: ₹472.6m (down 82% from FY 2023). Profit margin: 1.3% (down from 8.8% in FY 2023). Revenue exceeded analyst estimates by 4.8%. Earnings per share (EPS) missed analyst estimates by 55%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Hospitality industry in India.
お知らせ • May 15Devyani International Limited Approves the Appointment of Kamaljit Singh Bedi as CEO, Institutional Business and New Business VenturesDevyani International Limited at its board of directors meeting held May 14, 2024, Approved the appointment of Mr. Kamaljit Singh Bedi as CEO - Institutional Business and New Business Ventures (Senior Management Personnel of the Company), with effect from May 14, 2024. Mr. Kamaljit Singh Bedi is a Post Graduate in Marketing and Export Management and has enriched experience of over 25 years working with companies like ITC, Levi's, Airtel, Mattel Inc, BIBA, Creambell and Rich Products.
お知らせ • May 08Devyani International Limited Announces the Resignation of Gaurav Gupta as Head of FinanceDevyani International Limited announced that Mr. Gaurav Gupta, Head of Finance (designated as Senior Management Personnel), has tendered his resignation from the services of the Company effective from close of business hours of May 7, 2024.
Board Change • May 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. Independent Director Prashant Purker was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 23Devyani International Limited Announces Cessation of Naresh Trehan as Independent DirectorDevyani International Limited announced that upon completion of first term at the close of business hours April 20, 2024, Dr. Naresh Trehan ceased to be an Independent Director of the Company.
お知らせ • Mar 21Devyani International Limited Announces Executive Changes, Effective March 29, 2024Devyani International Limited announced the resignation of Mr. Rajat Luthra as CEO-KFC, Effective from March 29, 2024. Mr. Pradeep Das, CEO - Airports & Institutional Business (a Senior Management Personnel), who currentlyhas the responsibility for all operations pertaining to Airports & Institutional Business, shall be taking over from Mr. Rajat Luthra, in his new role as CEO - KFC. He is already a Senior Management Personnel. However, he has been designated as CEO-KFC,effective from March 29, 2024. Mr. Das has been associated with the Company since December 2022 as CEO- Airports & Institutional Business. He is an IHM Kolkata graduate and attended Management Development Programme from IIM Kolkata. He holds an International Executive Master's in Business from SDA Bocconi, School of Management, Milan Italy. He brings over two decades of experience in the Hospitality and Retail Industry. He has worked with organizations like RPG Group (Nature's Basket), Future Retail Limited and Hypercity India Pvt. Ltd.
お知らせ • Feb 22Yum Restaurants Reportedly Likely to Sell Entire 4.4% Stake in Devyani International Via Block DealsYum Restaurants (India) Private Limited is likely to exit quick service restaurant major Devyani International Limited (NSEI:DEVYANI) by selling a 4.4% stake through a block deal on February 21, 2024, according to news reports. Through the sale, Yum Restaurants plans to raise around INR 8,150 million, reports said. The floor price for the sale has been fixed at INR 153.5 a share, which is at a discount of nearly 8% to the current price. Shares of Devyani International ended 0.6% up at INR 166.20 on the National Stock Exchange.
New Risk • Feb 05New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.5% net profit margin).
Reported Earnings • Feb 03Third quarter 2024 earnings released: EPS: ₹0.08 (vs ₹0.59 in 3Q 2023)Third quarter 2024 results: EPS: ₹0.08 (down from ₹0.59 in 3Q 2023). Revenue: ₹8.61b (up 8.9% from 3Q 2023). Net income: ₹96.2m (down 87% from 3Q 2023). Profit margin: 1.1% (down from 9.1% in 3Q 2023). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Hospitality industry in India.
お知らせ • Jan 25Devyani International Limited to Report Q3, 2024 Results on Feb 02, 2024Devyani International Limited announced that they will report Q3, 2024 results on Feb 02, 2024
Reported Earnings • Nov 08Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: ₹0.28 (down from ₹0.49 in 2Q 2023). Revenue: ₹8.26b (up 11% from 2Q 2023). Net income: ₹333.5m (down 43% from 2Q 2023). Profit margin: 4.0% (down from 7.9% in 2Q 2023). Revenue missed analyst estimates by 5.3%. Earnings per share (EPS) exceeded analyst estimates by 40%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Hospitality industry in India.
お知らせ • Oct 31Devyani International Limited to Report Q2, 2024 Results on Nov 07, 2023Devyani International Limited announced that they will report Q2, 2024 results on Nov 07, 2023
New Risk • Aug 06New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.5% net profit margin).
Reported Earnings • Aug 05First quarter 2024 earnings: EPS misses analyst expectationsFirst quarter 2024 results: EPS: ₹0.10 (down from ₹0.61 in 1Q 2023). Revenue: ₹8.47b (up 20% from 1Q 2023). Net income: ₹117.6m (down 84% from 1Q 2023). Profit margin: 1.4% (down from 11% in 1Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 75%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Hospitality industry in India.
お知らせ • Jul 29Devyani International Limited to Report Q1, 2024 Results on Aug 04, 2023Devyani International Limited announced that they will report Q1, 2024 results on Aug 04, 2023
お知らせ • May 18Devyani International Limited Announces Executive ChangesDevyani International Limited announced that Mr. Pankaj Virmani (ACS:18823) has been appointed as a Company Secretary & Compliance Officer (Key Managerial Personnel) of the Company with effect from May 18, 2023 in place of Mr. Varun Kumar Prabhakar, Company Secretary & Compliance Officer of the Company, who will continue to work with the Company and discharge his responsibilities with respect to the legal function of the Company.
Reported Earnings • May 18Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: ₹2.20 (up from ₹1.32 in FY 2022). Revenue: ₹30.3b (up 45% from FY 2022). Net income: ₹2.65b (up 70% from FY 2022). Profit margin: 8.7% (up from 7.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.8%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Hospitality industry in India.
お知らせ • May 17Devyani International Limited, Annual General Meeting, Jul 03, 2023Devyani International Limited, Annual General Meeting, Jul 03, 2023.
お知らせ • May 12Devyani International Limited to Report Q4, 2023 Results on May 17, 2023Devyani International Limited announced that they will report Q4, 2023 results on May 17, 2023
Reported Earnings • Feb 10Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: ₹0.59 (up from ₹0.52 in 3Q 2022). Revenue: ₹7.99b (up 28% from 3Q 2022). Net income: ₹716.7m (up 14% from 3Q 2022). Profit margin: 9.0% (down from 10% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) exceeded analyst estimates by 31%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Hospitality industry in India.
お知らせ • Jan 31Devyani International Limited to Report Q3, 2023 Results on Feb 09, 2023Devyani International Limited announced that they will report Q3, 2023 results at 4:00 PM, Indian Standard Time on Feb 09, 2023
Board Change • Nov 16High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Director Prashant Purker was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 05Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: ₹0.49 (up from ₹0.39 in 2Q 2022). Revenue: ₹7.52b (up 46% from 2Q 2022). Net income: ₹587.6m (up 29% from 2Q 2022). Profit margin: 7.8% (down from 8.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Hospitality industry in India.
Major Estimate Revision • Nov 04Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 EPS estimate increased from ₹2.24 to ₹2.53. Revenue forecast steady at ₹30.7b. Net income forecast to grow 11% next year vs 39% growth forecast for Hospitality industry in India. Consensus price target of ₹208 unchanged from last update. Share price fell 4.8% to ₹183 over the past week.
お知らせ • Oct 23Devyani International Limited to Report Q2, 2023 Results on Nov 03, 2022Devyani International Limited announced that they will report Q2, 2023 results on Nov 03, 2022
Major Estimate Revision • Aug 10Consensus EPS estimates increase by 14%The consensus outlook for earnings per share (EPS) in 2023 has improved. 2023 revenue forecast increased from ₹29.7b to ₹30.7b. EPS estimate increased from ₹2.01 to ₹2.30 per share. Net income forecast to grow 13% next year vs 94% growth forecast for Hospitality industry in India. Consensus price target up from ₹188 to ₹201. Share price was steady at ₹190 over the past week.
Reported Earnings • Aug 04First quarter 2023 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2023 results: EPS: ₹0.61 (up from ₹0.07 in 1Q 2022). Revenue: ₹7.14b (up 64% from 1Q 2022). Net income: ₹738.5m (up ₹654.4m from 1Q 2022). Profit margin: 10% (up from 1.9% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) also surpassed analyst estimates by 52%. Over the next year, revenue is forecast to grow 33%, compared to a 37% growth forecast for the industry in India.
お知らせ • Jul 26Devyani International Limited to Report Q1, 2023 Results on Aug 03, 2022Devyani International Limited announced that they will report Q1, 2023 results on Aug 03, 2022
Reported Earnings • Jun 09Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: ₹1.32 (up from ₹0.67 loss in FY 2021). Revenue: ₹20.8b (up 84% from FY 2021). Net income: ₹1.56b (up ₹2.30b from FY 2021). Profit margin: 7.5% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Total stores: 938 (up by 246 from FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 47%. Over the next year, revenue is forecast to grow 43%, compared to a 47% growth forecast for the restaurants industry in India.
Board Change • Jun 02High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Additional Independent Non-Executive Director Prashant Purker was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • May 03+ 1 more updateDevyani International Limited Announces Management AppointmentsDevyani International Limited at its board meeting held on May 2, 2022 announced appointment of Mr. Prashant Purker as an Additional Director (in the category of Non-Executive Independent Director-DIN: 00082481) of the Company with immediate effect for a period of upto 5 (Five) years. Further, Mr. Prashant Purker is not debarred from holding office of an Additional Director (in the category of Non-Executive Independent Director) by virtue of any SEBI order or any other such Authority and appointment of Varun Kumar Prabhakar as Company Secretary & Compliance Officer of the Company with immediate effect under the applicable provisions of the Companies Act, 2013, SEBI Regulations, 2015, SEBI (Prohibition of .Insider Trading) Regulations, 2015 and other applicable Laws/Regulations.
Reported Earnings • May 03Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: ₹1.32 (up from ₹0.67 loss in FY 2021). Revenue: ₹21.0b (up 85% from FY 2021). Net income: ₹1.56b (up ₹2.30b from FY 2021). Profit margin: 7.4% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 47%. Over the next year, revenue is forecast to grow 40%, compared to a 46% growth forecast for the restaurants industry in India.
Major Estimate Revision • Feb 11Consensus EPS estimates increase by 46%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ₹20.0b to ₹21.1b. EPS estimate increased from ₹0.62 to ₹0.90 per share. Net income forecast to grow 106% next year vs 30% growth forecast for Hospitality industry in India. Consensus price target up from ₹181 to ₹191. Share price was steady at ₹177 over the past week.
Reported Earnings • Feb 07Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: ₹0.52. Revenue: ₹6.28b (flat on 3Q 2021). Net income: ₹631.2m (up ₹631.2m from 3Q 2021). Profit margin: 10.0% (up from null in 3Q 2021). Revenue exceeded analyst estimates by 14%. Over the next year, revenue is forecast to grow 46%, compared to a 44% growth forecast for the industry in India.