Devyani International Ltd
Devyani International Limited (DIL) is the largest franchisee of Yum Brands in India and is among the largest operators of chain
quick service restaurants (QSR) in India. In addition, DIL is a franchisee for the Costa Coffee brand and stores in India.[1]
- Market Cap ₹ 21,550 Cr.
- Current Price ₹ 179
- High / Low ₹ 223 / 130
- Stock P/E 1,607
- Book Value ₹ 9.66
- Dividend Yield 0.00 %
- ROCE 8.73 %
- ROE 4.92 %
- Face Value ₹ 1.00
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 18.5 times its book value
- Company has low interest coverage ratio.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Quick Service Restaurant Industry: Hotels
Part of Nifty 500 BSE Allcap Nifty Smallcap 100 BSE SmallCap BSE 500
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|
1,012 | 1,048 | 1,111 | 1,311 | 1,516 | 1,135 | 2,084 | 2,998 | 3,556 | 4,786 | |
1,013 | 1,008 | 1,015 | 1,106 | 1,254 | 945 | 1,608 | 2,341 | 2,902 | 4,031 | |
Operating Profit | -1 | 39 | 96 | 205 | 262 | 189 | 476 | 657 | 654 | 755 |
OPM % | -0% | 4% | 9% | 16% | 17% | 17% | 23% | 22% | 18% | 16% |
-0 | 8 | 23 | 42 | 2 | 131 | -3 | 12 | -71 | 38 | |
Interest | 43 | 88 | 34 | 137 | 161 | 155 | 129 | 149 | 189 | 252 |
Depreciation | 85 | 137 | 55 | 203 | 223 | 229 | 221 | 278 | 391 | 544 |
Profit before tax | -129 | -178 | 30 | -93 | -120 | -64 | 123 | 242 | 4 | -3 |
Tax % | 1% | 1% | -3% | 1% | 2% | -2% | -26% | -9% | 363% | |
-130 | -180 | 31 | -94 | -121 | -63 | 155 | 263 | -10 | -39 | |
EPS in Rs | -11.98 | -11.31 | 4.33 | -7.46 | -11.46 | -0.48 | 1.30 | 2.20 | 0.39 | 0.18 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 22% |
3 Years: | 46% |
TTM: | 47% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 20% |
3 Years: | 36% |
TTM: | -88% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 1% |
1 Year: | 7% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 22% |
Last Year: | 5% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 106 | 106 | 106 | 106 | 106 | 115 | 120 | 120 | 121 | 121 |
Reserves | 70 | -19 | 33 | -176 | -295 | -2 | 566 | 850 | 935 | 1,045 |
348 | 306 | 371 | 488 | 1,832 | 1,336 | 1,254 | 1,565 | 2,906 | 3,099 | |
196 | 202 | 218 | 1,390 | 240 | 219 | 322 | 450 | 971 | 1,067 | |
Total Liabilities | 720 | 596 | 728 | 1,807 | 1,884 | 1,668 | 2,263 | 2,985 | 4,932 | 5,332 |
491 | 406 | 445 | 1,578 | 1,635 | 1,392 | 1,756 | 2,427 | 4,216 | 4,561 | |
CWIP | 38 | 15 | 56 | 12 | 14 | 14 | 7 | 15 | 11 | 10 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
192 | 174 | 226 | 218 | 235 | 262 | 500 | 543 | 705 | 761 | |
Total Assets | 720 | 596 | 728 | 1,807 | 1,884 | 1,668 | 2,263 | 2,985 | 4,932 | 5,332 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
90 | 91 | 278 | 301 | 240 | 451 | 637 | 592 | ||
-67 | -140 | -165 | -91 | -355 | -375 | -349 | -1,377 | ||
-32 | 56 | -130 | -223 | 142 | -58 | -283 | 889 | ||
Net Cash Flow | -9 | 7 | -18 | -13 | 27 | 17 | 5 | 105 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 5 | 6 | 6 | 6 | 4 | 5 | 4 | 4 | 5 |
Inventory Days | 45 | 39 | 48 | 52 | 57 | 66 | 52 | 52 | 45 |
Days Payable | 127 | 129 | 139 | 128 | 129 | 171 | 119 | 98 | 130 |
Cash Conversion Cycle | -77 | -85 | -84 | -70 | -68 | -100 | -64 | -42 | -79 |
Working Capital Days | -31 | -67 | -51 | -46 | -60 | -63 | -6 | -25 | -29 |
ROCE % | -19% | 15% | 7% | 6% | 2% | 16% | 18% | 9% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 26 Apr
- Notice Of Extraordinary General Meeting Of The Company 25 Apr
- Announcement under Regulation 30 (LODR)-Investor Presentation 24 Apr
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
24 Apr - Devyani acquires controlling stake in Sky Gate, adding 3 brands to expand Indian cuisine presence.
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Announcement under Regulation 30 (LODR)-Preferential Issue
24 Apr - Devyani to acquire 80.72% stake in Sky Gate for INR 419 crore via preferential share issue.
Annual reports
Concalls
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Apr 2025TranscriptNotesPPT
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Overview
The company is a leading quick-service restaurant (QSR) operator in India and is part of RJ Corporation, founded by Ravi Kant Jaipuria in 1991. RJ Corp is a multinational conglomerate with successful ventures in beverages (Varun Beverages), QSR (KFC, Pizza Hut, Costa Coffee), retail, ice cream (Cream Bell, Daima), healthcare (Medanta Africare), and education, spanning over 14 countries. [1] [2]