NSE: DEVYANI | BSE: 543330

Expensive Underperformer

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150.99 -2.45 (-1.60%)

32.21% Fall from 52W High

2.1M NSE+BSE Volume

NSE 20 Mar, 2025 3:58 PM (IST)

18,213.4

Market Cap

Market Runner Up

0.7

Beta 1Year

Very Low 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.

Devyani International Ltd.

14 May 2024

150.99

-1.60%

Weak SSSG hurts profitability

Buy: Devyani International Ltd.

Target

Motilal Oswal

Devyani International (Devyani) reported 38.7% YoY revenue growth in
4QFY24, including the Thailand acquisition. The organic growth (exacquisition) is expected to be ~5% YoY (est. 7.5%) despite a 20% store growth.

Devyani International Ltd. is trading below all available SMAs

Devyani International Ltd.

13 Feb 2024

150.99

-1.60%

Lower SSSG continues to impact overall growth and profitability

Accumulate: Devyani International Ltd.

Recommendation Target

KRChoksey

For Q3FY24, DEVYANI’s revenue was INR 8,431 Mn, a growth of 6.7% YoY (+2.9% QoQ). The growth has been slower due to the impact of inflation on discretionary demand.

Devyani International Ltd. has lost -22.96% in the last 6 Months

Devyani International Ltd.

20 Dec 2023, 12:00AM

150.99

-1.60%

Entry into a new geography through acquisition

Buy: Devyani International Ltd.

KRChoksey

Devyani International DMCC (DID), Dubai, a subsidiary of Devyani International Limited (DEVYANI), has announced its entry into Thailand market by signing a Share Purchase Agreement to acquire a controlling interest in Restaurants Development Co., Ltd. (RD) Thailand, through acquisition of equity stake in RD and its holding companies. This will entail DEVYANI’s entry into the Quick
Service Restaurants (QSR)/ Limited Service Restaurants (LSR) market in Thailand.

Devyani International Ltd. has lost -22.96% in the last 6 Months

Devyani International Ltd.

21 Nov 2023

150.99

-1.60%

Lower per store metrics impacts margins

Buy: Devyani International Ltd.

KRChoksey

For Q2FY24, DEVYANI’s revenue was at INR 8,195 Mn, a growth of 9.6% YoY but a decline of 3.2% QoQ. Revenue growth was supported by new store additions. Core brands registered a healthy performance, despite a challenging macro environment and low consumer sentiment. The quarter was impacted by seasonal weakness and an extended one month of ‘Shravan’ leading to a sizable part of the Indian population turning to vegetarian food consumption.

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

Devyani International Ltd.

05 Sep 2023

150.99

-1.60%

Devyani Int

Buy: Devyani International Ltd.

Sharekhan

Devyani International Ltd. has lost -22.96% in the last 6 Months

Devyani International Ltd.

19 Aug 2023, 12:00AM

150.99

-1.60%

Faster store rollout and innovative campaigns to drive revenue growth

Buy: Devyani International Ltd.

Target

KRChoksey

DIL’s consolidated revenue for the quarter stood at INR 8,466 mn, registering a healthy growth of 20.14% YoY and 12.14% QoQ. The brand contribution has increased to INR 1,545, registering a growth of 25.10% sequentially and margins stood at 18.2%, which showed a improvement of 180 bps QoQ.

Devyani International Ltd. has lost -22.96% in the last 6 Months

Devyani International Ltd.

06 Aug 2023

150.99

-1.60%

SSSG remains weak; RM trend improving

Buy: Devyani International Ltd.

Target

Motilal Oswal

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

Devyani International Ltd.

19 May 2023, 12:00AM

150.99

-1.60%

Faster store rollout and improvement in consumer spending to drive revenue growth

Buy: Devyani International Ltd.

Target

KRChoksey

Devyani International Ltd reported revenue growth of 27.8% on a YoY basis to INR 7549.8 million in Q4FY23. SSSG rate for KFC came at 1.9% in Q4FY23 as against 3% on a YoY basis. SSSG for Pizza Hut stood at -3.2% as against 2.3% in Q4FY22; whereas Costa Coffee reported SSSG rate at 42.6% in Q4FY23 as against 24% in Q4FY22.

Devyani International Ltd. has lost -22.96% in the last 6 Months

Devyani International Ltd.

17 May 2023

150.99

-1.60%

Weak SSSG impacts profit adversely

Buy: Devyani International Ltd.

Target

Motilal Oswal

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

Devyani International Ltd.

16 Feb 2023

150.99

-1.60%

Faster store rollout and innovative campaigns to drive revenue growth

Buy: Devyani International Ltd.

KRChoksey

Devyani International reported revenue growth of 27% YoY/5.7% QoQ to INR 7,906mn in Q3FY23. Strong revenue was supported by solid performance from Core brands. Revenue from International business came at INR 662mn in Q3FY23 as against INR 569mn in Q3FY22 and INR 559mn in Q2FY23. In Q3Y23, KFC's revenue grew by 27% YoY to INR 4,595mn, while Pizza Hut registered a growth of 18% YoY to INR 1,836mn.

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

No results found

VOTE: Is Devyani International Ltd. worth buying?

210 Votes:

Buy 86.19%

Sell 9.52%

Hold 4.29%

RESEARCH REPORTS

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