Devyani International Ltd. News and Updates

Name: Latest research reports of Devyani International Ltd. authored by KRChoksey and published by - Trendlyne research reports.
Item: Devyani International Ltd.
Rating: 4
Author: KRChoksey

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

Devyani International Ltd.

13 Feb 2025, 12:00AM

155.92

6.00%

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 Internationa.. has an average target of 183.75 from 4 brokers.

Devyani International Ltd.

12 Feb 2025

155.92

6.00%

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 International Ltd. is trading below all available SMAs

Devyani International Ltd.

11 Feb 2025

155.92

6.00%

Devyani International Results Earnings Call for Q3FY25

Conference Call with Devyani International Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.

Devyani International Ltd.

11 Feb 2025

155.92

6.00%

to see Rapid results content

Devyani International Ltd.

11 Feb 2025

155.92

6.00%

Weak underlying metrics; store expansion continues

Buy: Devyani International Ltd.

Motilal Oswal

Devyani International’s (DEVYANI) consol. revenue grew 54% YoY (in line) in 3QFY25, led by a recent acquisition in Thailand. India revenue was up 10% YoY, despite 20% YoY store expansion, which was offset by weak samestore sales growth (SSSG) across brands.

Devyani International Ltd. is trading below all available SMAs

Devyani International Ltd.

10 Feb 2025

155.92

6.00%

Devyani International Q3 Results Soon Check Date, Earnings Call Details And More

NDTV Profit

Devyani International Ltd.'s total market capitalisation is valued at over Rs 21,000 crore. Here's everything you need to know about Devyani International's Q3 results

Devyani Internationa.. has an average target of 183.75 from 4 brokers.

Devyani International Ltd.

20 Dec 2024

155.92

6.00%

'Buy' Devyani International Reiterates Motilal Oswal, Sees 26% Upside, Here's Why

NDTV Profit

Despite demand weakness, Devyani International wants to sustain its store addition trajectory, as it plans to strengthen its store network in order to capitalise on demand uptrend, adds Motilal Oswal

Devyani International Ltd. is trading below all available SMAs

Devyani International Ltd.

19 Dec 2024

155.92

6.00%

Near-term pressure persists; focus on store expansion

Buy: Devyani International Ltd.

Motilal Oswal

We met with Mr. Manish Dawar, CFO of Devyani International (DIL), to discuss the current demand trends, the company’s growth outlook across business verticals, and its long-term strategy.

Devyani Internationa.. has an average target of 183.75 from 4 brokers.

Devyani International Ltd.

14 Nov 2024, 12:00AM

155.92

6.00%

Weak Q2; brand additions to be long-term positive

Hold: Devyani International Ltd.

Recommendation Target

Sharekhan

Devyani International Limited (DIL) posted another quarter of muted performance in Q2FY2025, with KFC’s and Pizza Hut’s SSSG declining by 7% and 5.7%, respectively. Revenue growth of 49% y-o-y was mainly led by the integration of Thailand’s KFC business.

Devyani International Ltd. is trading below all available SMAs

Devyani International Ltd.

14 Nov 2024, 12:00AM

155.92

6.00%

Store addition drives the revenue; strategic expansion fuels future prospects

Accumulate: Devyani International Ltd.

Target

KRChoksey

For Q2FY25, DEVYANI’s revenue was INR 12,222 Mn, a growth of 49.1% YoY and a flat growth in QoQ, which is largely in line with our estimate.
EBITDA for the quarter increased to INR 1,987 Mn by 25.2% YoY (-11.0% QoQ). EBITDA underperformed our estimates.