Devyani International Limited
₹120.55-₹1.35 (-1.1%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹16,633 Cr
- EV / EBITDA
- 35.7x
- Revenue
- ₹3,349 Cr
- Net margin
- -0.2%
- ROCE
- 18.8%
Price chart
Technical chartScreen technicals →-28.1% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -7.4%
- 3M
- +1.8%
- 6M
- -3.2%
- 1Y
- -28.1%
- 5Y
- -17.7%
52-week range
Day change -₹1.35 (-1.1%) from ₹122 to ₹121 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in DEVYANI, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 20.5%
Concerns1
- Net profit declined 500.0% year-over-year
Rule-based from financial data. Not advice.
About the company
Devyani International Limited develops, manages, and operates quick service restaurants and food courts in India, Nepal, Nigeria, Thailand, and internationally. It operates outlets under the KFC, Pizza Hut, Costa Coffee, Vaango and other brands. The company was incorporated in 1991 and is based in Gurugram, India. Devyani International Limited is a subsidiary of RJ Corp Limited.
- Sector
- Consumer Discretionary
- Shares outstanding
- 123 Cr shares
- ISIN
- INE872J01023
- BSE code
- 543330
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹16,633 Cr
- P/B
- 10.9x
- EV / EBITDA
- 35.7x
- EV / Sales
- 6.0x
- P/S
- 5.3x
- 52-week high
- ₹167.85
- 52-week low
- ₹94.50
Profitability
- Operating margin
- 19.3%
- Net margin
- -0.2%
- EBITDA margin
- 16.8%
- ROE
- -0.6%
- ROCE
- 18.8%
- ROA
- -0.2%
- Dividend payout
- 0.0%
- Tax rate
- 184.0%
- Other income, % of PBT
- -987.5%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹3,349 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 7.5%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 20.5%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹522 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -16.6%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -500.0%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹587 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -1.3%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹12.0 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 25.5%
Solvency and efficiency
- Current ratio
- 1.96
- Debt / Equity
- 1.94
- Debt / Assets
- 0.58
- Debt / EBITDA
- 4.05
- Interest coverage
- 3.47
- Financial leverage
- 3.35
- CFO / Net profit
- -97.83
- Cash / Market cap
- 3.0%
- Cash per share
- ₹4.11
- Asset turnover
- 0.86
- Fixed asset turnover
- 1.12
- Capital intensity
- 0.89
- Debtor days
- 5 days
- Inventory turnover
- 10.74
- Cash conversion cycle
- -57 days
Where the revenue went
Some FY2025 lines are not reported, so the ones that are appear as a table.
| Line | FY2025 |
|---|---|
| Sales | ₹3,349 Cr |
| Expenses | ₹2,722 Cr |
| Operating profit | ₹628 Cr |
| Other income | ₹48 Cr |
| Interest | ₹222 Cr |
| Depreciation | ₹426 Cr |
| Profit before tax | ₹27 Cr |
| Tax and other | ₹3 Cr |
| Net profit | ₹24 Cr |
Revenue and net profit
Revenue grew 7.5% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹999 Cr | -₹65 Cr |
| FY2022 | ₹1,853 Cr | ₹153 Cr |
| FY2023 | ₹2,774 Cr | ₹260 Cr |
| FY2024 | ₹3,116 Cr | -₹6 Cr |
| FY2025 | ₹3,349 Cr | ₹24 Cr |
Cash flows
FY2025: ₹662 Cr from operations, ₹339 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹158 Cr | -₹144 Cr |
| FY2022 | ₹385 Cr | ₹22 Cr |
| FY2023 | ₹595 Cr | ₹290 Cr |
| FY2024 | ₹587 Cr | -₹150 Cr |
| FY2025 | ₹662 Cr | ₹339 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹3,349 Cr+7.5%1Y
- Net profit
- ₹24 Cr
- Cash from operations
- ₹662 Cr
- Free cash flow
- ₹339 Cr
- Revenue CAGR, 5Y
- 20.5%
- EBITDA CAGR, 5Y
- 26.7%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹3,349 Cr | ₹628 Cr | — | ₹24 Cr | ₹662 Cr | ₹339 Cr | 2.2% | +7.5% | -500.0% |
Monthly returns
Month-by-month returns of DEVYANI across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹3,964 Cr |
| Equity capital | ₹121 Cr |
| Reserves | ₹983 Cr |
| Borrowings | ₹2,373 Cr |
| Other liabilities | ₹488 Cr |
| Assets | ₹3,964 Cr |
| Fixed assets | ₹3,069 Cr |
| Capital work in progress | ₹3 Cr |
| Investments | ₹356 Cr |
| Other assets | ₹536 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
DEVYANI has no positive P/E; the peer median is 55.4x.
Not shown (no positive earnings and no EV / Sales): Devyani International Limited.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Devyani International LimitedDEVYANIthis company | ₹16,633 Cr | — | 10.9x | -0.6% | 35.7x |
| Bikaji Foods International LimitedBIKAJI | ₹17,582 Cr | 77.5x | 11.4x | 22.0% | 41.8x |
| Century Plyboards (India) Ltd.CENTURYPLY | ₹17,047 Cr | 61.9x | 6.7x | 14.4% | 32.0x |
| PG Electroplast LimitedPGEL | ₹16,904 Cr | 144.0x | 6.4x | 8.3% | 117.1x |
| TBO TEK LIMITEDTBOTEK | ₹16,692 Cr | 353.0x | 20.3x | 14.9% | 174.7x |
| Crompton Greaves Consumer Electricals LimitedCROMPTON | ₹16,272 Cr | 33.0x | 4.5x | 14.5% | 22.1x |
| Kajaria Ceramics LtdKAJARIACER | ₹15,840 Cr | 48.1x | 5.7x | 14.8% | 24.6x |
| TRAVEL FOOD SERVICES LIMITEDTRAVELFOOD | ₹15,150 Cr | 48.9x | 16.9x | 31.7% | 34.5x |
| DOMS Industries LimitedDOMS | ₹14,892 Cr | 73.0x | 14.1x | 18.4% | 58.5x |
| Peer median | — | 55.4x | 6.3x | 11.8% | 36.3x |
Year-to-date ROI
DEVYANI since 1 January, against earlier years.
Historical volatility
DEVYANI's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 16.0% |
| FY2022 | 21.0% |
| FY2023 | 21.0% |
| FY2024 | 19.0% |
| FY2025 | 19.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹3,349 Cr |
| Costs | |
| Interest | ₹222 Cr |
| Expenses | ₹2,722 Cr |
| Operating profitOperating Profit | ₹628 Cr |
| Other income and charges | |
| Profit before tax | ₹27 Cr |
| Tax | |
| Net profitNet Profit | ₹24 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹3,964 Cr |
| Equity capitalEquity Capital | ₹121 Cr |
| Reserves | ₹983 Cr |
| Borrowings | ₹2,373 Cr |
| Other liabilitiesOther Liabilities | ₹488 Cr |
| AssetsTotal Assets | ₹3,964 Cr |
| Fixed assetsFixed Assets | ₹3,069 Cr |
| Capital work in progressCWIP | ₹3 Cr |
| Investments | ₹356 Cr |
| Other assetsOther Assets | ₹536 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹662 Cr |
| Investing cash flowCash from Investing Activity | -₹323 Cr |
| Financing cash flowCash from Financing Activity | -₹327 Cr |
| Change in cashNet Cash Flow | ₹12 Cr |
Learn while you research
Academy chapters picked for Devyani International Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Leverage RatiosDebt/Equity of 1.94 is elevated, understand what that means for solvency.6 min read
- 04 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 05 Cyclical vs Defensive StocksConsumer staples behave defensively across the business cycle.6 min read
- 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read