NSE: DEVYANI | BSE: 543330

Expensive Underperformer

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91.86 -4.90 (-5.06%)

New 52W Low today

1.2M NSE+BSE Volume

NSE 02 Apr, 2026 10:06 AM (IST)

11,325.8

Market Cap

Below industry Median

Beta 1Year

Average volatility

Devyani International Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for DEVYANI, BSE:543330 Devyani International Ltd.

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Devyani International Ltd.

04 Feb 2026

91.86

-5.06%

Unchanged print; positive start to 2026

Buy: Devyani International Ltd.

Motilal Oswal

Devyani International’s (DEVYANI) consolidated revenue grew 11% YoY in 3QFY26. India revenue was up 12% YoY, led by the Skygate acquisition and 13% YoY store expansion.

Devyani Intl has lost -27.92% in the last 1 Month

Devyani International Ltd.

07 Jan 2026

91.86

-5.06%

Favorable negotiations, synergies bode well for growth revival

Buy: Devyani International Ltd.

Target

Emkay

The promoters and management teams of Devyani International (DIL) and Sapphire Foods (SFIL) jointly held an investor call, to explain the deal contours, potential merger synergies, and planned growth investments.

Devyani Intl has lost -46.51% in the last 6 Months

Devyani International Ltd.

06 Jan 2026

91.86

-5.06%

Strategic consolidation of Yum! Brands’ India operations

Buy: Devyani International Ltd.

Motilal Oswal

Devyani International (DIL) and Sapphire Foods India (SAPPHIRE) have approved a scheme of arrangement for the merger of SAPPHIRE into DIL. The transaction consolidates Yum! Brands’ India operations under a single listed entity.

Devyani International Ltd. is trading below all available SMAs

Devyani International Ltd.

20 Nov 2025

91.86

-5.06%

Steady revenue growth but weaker profitability marked Devyani’s Q2FY26 performance.

Accumulate: Devyani International Ltd.

Target

Deven Choksey

We have rolled forward our valuation basis to Sept’27 estimates. We value Devyani at 19.0x Sept’27 EBITDA, implying a target price of INR 165.

Devyani Intl has lost -38.68% in the last 1 Year

Devyani International Ltd.

06 Nov 2025

91.86

-5.06%

Recovery awaited; pressure on margins

Buy: Devyani International Ltd.

Target

Motilal Oswal

Devyani International’s (DEVYANI) consolidated revenue grew 13% YoY in 2QFY26. The India revenue was up 12% YoY, led by the Skygate acquisition and 16% YoY store expansion.

Devyani Intl has lost -46.51% in the last 6 Months

Devyani International Ltd.

25 Aug 2025

91.86

-5.06%

Performance hit by weak demand and competition; gradual recovery expected

Accumulate: Devyani International Ltd.

Deven Choksey

We have revised our FY26E/FY27E EBITDA estimates by -9.3%/-3.3%, as we factor in more gradual pick-up in consumer demand and higher input costs in FY26, led by online marketing projects undertaken by the Company.

Devyani Intl has lost -27.92% in the last 1 Month

Devyani International Ltd.

28 May 2025

91.86

-5.06%

BP Equities Q4FY25 Result Update Devyani International Ltd

Results Update: Devyani International Ltd.

BP Wealth

Devyani Intl has lost -46.51% in the last 6 Months

Devyani International Ltd.

20 Apr 2025

91.86

-5.06%

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 Intl has lost -27.92% in the last 1 Month

Devyani International Ltd.

11 Feb 2025

91.86

-5.06%

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 Internationa.. has an average target of 178.33 from 4 brokers.

Devyani International Ltd.

19 Dec 2024

91.86

-5.06%

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 Intl has lost -37.69% in the last 3 Months

VOTE: Is Devyani International Ltd. worth buying?

239 Votes:

Buy 87.03%

Sell 8.79%

Hold 4.18%

RESEARCH REPORTS

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Buy SEE REPORTS >

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