Conference Call with Devyani International Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.
Restaurants company Devyani International announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Consolidated Revenues at Rs 12.1 billion, growth of 15.8% vs Q4FY24 Consolidated EBITDA at Rs 2.0 billion, with margins at 16.6%, flat vs Q4FY24. FY25 Financial Highlights: Opened 257 net new stores vs. 539 net new stores in FY24 (FY24 Net new stores includes 283 Thailand KFC stores acquired on 18th Jan-24) Consolidated Revenues at Rs 49.5 billion, growth of 39.2% vs FY24 Consolidated EBITDA at Rs 8.4 billion, with margins at 17.0% vs. 18.3% in FY24 PBT at Rs 12.8 crs in FY25 vs Rs 3.7 crs in FY24, growth of 248% Commenting on the performance for Q4 FY2025 Ravi Jaipuria, Non-Executive Chairman, Devyani International said, “We are pleased to report that DIL continues to demonstrate strong momentum in its growth journey— both organically and through strategic acquisitions. During FY2025, DIL reported consolidated revenue of Rs 4,951 crore, registering a robust 39.2% YoY growth. This performance was primarily driven by the strategic acquisition of KFC stores in Thailand and supported by ongoing store expansion in India. The Company’s EBITDA margin stood at 17%, while absolute EBITDA increased by 29.1% over FY24. Most recently, we announced the acquisition of Sky Gate Hospitality (owners of Biryani By Kilo & other brands) marking our entry into another high-potential food category. This acquisition further strengthens our overall brand portfolio and deepens our well laid out strategy. During the year, we also tied up with three international brands i.e. New York Fries, Tealive, and Sanook Kitchen. We are proud to share that we have recently opened the first NYF (New York Fries) store in Mumbai. This marks the beginning of our expansion with the new brands, with several more stores coming in the current year. Our store expansion strategy has been instrumental in driving growth and reinforcing our market leadership. By following a balanced approach of scaling our footprint while maintaining rigorous storelevel performance standards, we successfully added 257 net new stores during FY’25, taking our total presence to 2,039 stores as of March 31, 2025. We have achieved our store rollout targets across all brands, reflecting disciplined execution and strong operational capabilities. As one of the leading players in the Indian QSR sector, we are well-positioned to capitalize on the anticipated recovery in the industry. Overall, we remain confident in our strategy, execution capabilities, and ability to deliver consistent growth. Our focus will remain on scaling profitably, strengthening both our core and emerging brands, and creating long-term value for all stakeholders”. Result PDF