Devyani International Ltd. News, Corporate filings and Earnings/Conference Calls

Name: Latest research reports of Devyani International Ltd. authored by Emkay and published by - Trendlyne research reports.
Item: Devyani International Ltd.
Rating: 5
Author: Emkay

Keep track of all breaking news and updates on Devyani International Ltd. from all sources in a single place.

Devyani International Ltd.

22 Apr 2025, 12:51PM

176.29

0.40%

Devyani International to acquire majority stake in 'Biryani by Kilo'

Business Standard

Devyani International Ltd, which operates quick service restaurant chains such as KFC, Pizza Hut, and Costa Coffee through franchise agreements, has announced its plan to acquire homegrown chain 'Biryani by Kilo'. The Jaipuria family-promoted Devyani International Ltd (DIL) will acquire a majority stake in Sky Gate Hospitality, which operates restaurants under the 'Biryani by Kilo' brand, along with other brands, according to a regulatory filing. Though it has not disclosed the number of shares or the acquisition price, the company stated that its board is scheduled to meet and approve the proposal on April 24. "We wish to inform you that a meeting of the Board of Directors of the Company is scheduled on Thursday, April 24, 2025 inter-alia, to consider and approve the definitive agreements and issuance of equity shares of the company on a preferential basis to discharge the consideration payable for acquisition of controlling equity stake in Sky Gate Hospitality Private Limited,...

Devyani Internationa.. has an average target of 193.75 from 4 brokers.

Devyani International to acquire majority stake in 'Biryani by Kilo'

Business Line | 22 Apr 2025, 12:16PM 1 more

Devyani International Ltd.

20 Apr 2025

176.29

0.40%

Upgrade to BUY on potential value creation in BBK

Buy: Devyani International Ltd.

Recommendation Target

Emkay

We upgrade Devyani to BUY from Add, while raising our TP by ~18% to Rs200 from Rs170 (30x FY27E EBITDA vs 26x earlier). The upgrade is led by potential value creation in the likely acquisition of ‘Biryani By Kilo’ (BBK) and possible return of a mid-teen growth for the India business in FY26E (vs 7% in FY25).

Devyani Internationa.. has an average target of 193.75 from 4 brokers.

Devyani International Ltd.

19 Apr 2025

176.29

0.40%

Board Meeting

Devyani International Ltd - 543330 - Board Meeting Intimation for Considering And Approving Preferential Issue Of …

BSE India

Devyani International Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 24/04/2025 ,inter alia, to consider and approve the definitive agreements and issuance of equity shares of the Company on a preferential basis to discharge the consideration payable for acquisition of controlling equity stake in Sky Gate Hospitality Private Limited, operating restaurants under the brand 'Biryani by Kilo' and other brands.

pdf

Devyani International Ltd.

26 Mar 2025

176.29

0.40%

SAST

Devyani International Ltd - 543330 - Closure of Trading Window

BSE India

Intimation of closure of Trading Window

pdf

Devyani International Ltd.

18 Feb 2025

176.29

0.40%

Earnings Call

Devyani International Ltd - 543330 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

BSE India

Transcript of Earnings Call held on February 11, 2025

pdf

Devyani International Ltd.

13 Feb 2025

176.29

0.40%

Store expansion drives revenue; strategy expansion shapes future growth

Accumulate: Devyani International Ltd.

KRChoksey

• For Q3FY25, DEVYANI’s revenue was INR 12,944 Mn, a growth of 53.5% YoY and 5.9% QoQ, largely in line with our estimate.
• EBITDA for the quarter increased by 49.9% YoY (+10.3% QoQ) to INR 2,192 Mn, outperformed our estimate due to lower-than-expected employee costs. EBITDA margin stood at 16.9%, down by 41bps YoY but increasing by 68bps QoQ.

Devyani International Ltd. has gained 17.44% in the last 1 Month

Devyani International Ltd.

12 Feb 2025

176.29

0.40%

Company Update

Devyani International Ltd - 543330 - Announcement under Regulation 30 (LODR)-Newspaper Publication

BSE India

Newspaper Publication of the Unaudited Financial Results of the Company for the Quarter and Nine Months ended December 31, 2024

pdf

Devyani International Ltd.

12 Feb 2025

176.29

0.40%

Brokerages Cut Devyani International's Target Price After Weak Q3 Earnings

NDTV Profit

CLSA and JPMorgan cut Devyani International's target price, while Emkay Global Research remained cautious on the stock.

Devyani Internationa.. has an average target of 193.75 from 4 brokers.

Devyani International Ltd.

11 Feb 2025

176.29

0.40%

Earnings Call

Devyani International Ltd - 543330 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

BSE India

Link of audio recording of group Conference Call with Investors & Analysts held on February 11, 2025, post declaration of Unaudited Financial Results of the Company for the Quarter and Nine Months ended December 31, 2024

pdf