Devyani International Limited

BSE: DEVYANI543330ISIN INE872J01023

Consumer Discretionary
Restaurants
BSE 500

Share price

₹118.65+0.85 (+0.72%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹162.95
52W low: ₹91.57
Off 52W high: -27.19%
1M return: -8.73%
3M return: -5.16%
6M return: -1.86%
1Y return: -25.70%
20D avg volume: 1,37,722
50 DMA: ₹131.23
200 DMA: ₹121.22

Key ratios Consolidated

Market cap: ₹14,629 Cr
Current price: ₹118.65
52W high / low: ₹162.95 / ₹91.57
Face value: ₹1.00
P/E: -58,304.67
P/B: 9.47
EPS (TTM): ₹0.00
Book value / share: ₹12.53
ROE: —
ROCE: 4.30%
Operating margin: —
Net margin: —
Debt / equity: 0.72
Net debt: ₹869.14 Cr
Interest cover: 0.80
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: -25.1 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	1,519	1,581	1,437	1,441	1,377	1,357	1,213	1,294	1,222	1,222	1,047	843.13
	11.96	19.19	14.15	12.33	5.13	13.51	13.19	9.05	4.84	9.91	14.63	4.61
	1,531	1,600	1,451	1,453	1,382	1,370	1,226	1,303	1,227	1,232	1,062	847.74
	1,525	1,577	1,469	1,446	1,408	1,367	1,248	1,295	1,231	1,201	1,057	838.06
	478.15	488.24	446.79	446.79	442.96	430.93	381.15	404.25	373.62	375.88	321.96	245.88
	0.93	0.80	1.48	1.29	0.85	0.84	0.80	0.96	1.11	1.04	0.68	1.90
	211.33	230.11	209.28	217.49	201.69	201.09	170.64	188.17	183.42	168.21	154.61	117.63
	65.31	70.14	70.10	70.02	68.83	66.78	69.53	66.98	65.33	62.99	56.67	48.24
	173.28	180.35	182.48	166.65	155.18	149.68	151.78	146.76	139.12	132.22	125.90	92.98
	596.47	607.20	558.96	544.26	538.95	518.08	474.00	481.78	465.27	453.40	395.94	331.44
	5.92	22.86	-18.08	6.72	-26.58	3.08	-22.13	8.62	-3.90	30.53	4.39	9.68
	0.00	0.00	0.00	-21.50	0.00	0.00	0.00	0.00	0.00	0.00	-42.37	0.00
	5.92	22.86	-18.08	-14.78	-26.58	3.08	-22.13	8.62	-3.90	30.53	-37.99	9.68
	2.23	5.82	-4.74	4.92	5.20	0.52	-5.58	16.17	1.01	8.10	10.96	4.61
	3.46	17.10	-9.84	-10.98	-23.95	2.23	-16.76	-7.65	-4.92	22.43	-48.95	5.07
	0.00	0.12	-0.11	-0.08	-0.18	0.03	0.12	—	—	0.25	-0.06	0.08
Key metrics
	244.51	273.35	234.50	221.89	197.43	219.54	199.18	222.36	200.55	225.74	144.58	150.90
	16.10%	17.30%	16.30%	15.40%	14.30%	16.20%	16.40%	17.20%	16.40%	18.50%	13.80%	17.90%
	0.20%	1.10%	-0.70%	-0.80%	-1.70%	0.20%	-1.40%	-0.60%	-0.40%	1.80%	-4.70%	0.60%
	1.40%	—	1.00%	—	0.90%	—	1.10%	—	—	—	—	—
	10.40%	16.50%	18.50%	11.30%	12.60%	11.10%	15.80%	53.50%	—	—	—	—
	114.40%	666.80%	41.30%	-43.50%	-386.80%	-90.10%	65.80%	-250.90%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	5,978	5,611	4,951	3,556	2,998	2,084
	57.63	45.11	36.99	32.64	32.59	16.12
	6,035	5,657	4,988	3,589	3,030	2,100
	6,018	5,691	4,975	3,482	2,768	1,960
	1,860	1,767	1,535	1,051	890.85	588.66
	4.50	4.45	3.91	5.52	7.78	11.18
	868.21	829.56	710.44	494.98	345.17	248.24
	275.57	275.74	264.83	186.93	147.47	126.99
	702.76	653.98	569.88	384.82	278.22	221.33
	2,307	2,160	1,891	1,352	1,099	759.95
	17.42	-34.86	13.11	107.37	261.97	140.25
	-21.50	-21.50	0.00	-103.69	-20.05	-17.10
	-4.08	-56.36	13.11	3.68	241.93	123.14
	8.23	14.34	19.69	13.33	20.59	31.97
	-0.26	-42.53	-6.90	-9.65	262.51	155.12
	-0.07	-0.31	0.08	0.39	2.20	1.32
Key metrics
	974.25	873.36	847.82	575.43	667.62	471.46
	16.30%	15.60%	17.10%	16.20%	22.30%	22.60%
	0.00%	-0.80%	-0.10%	-0.30%	8.80%	7.40%
	—	4.30%	6.60%	—	—	—
	14.06%	13.30%	39.20%	18.60%	43.80%	—
	—	-516.40%	28.50%	-103.70%	69.20%	—
	—	460.25	409.27	—	—	—
	—	-21.61	-130.47	—	—	—
	—	0.72	0.66	—	—	—
	—	869.14	750.39	—	—	—
	—	-25.1	-18.6	—	—	—
Balance sheet
	—	6,750	5,339	—	—	—
	—	852.43	473.76	—	—	—
	—	491.25	181.37	—	—	—
	—	64.08	41.31	—	—	—
	—	164.64	148.23	—	—	—
	—	67.99	56.06	—	—	—
	—	1,758	1,633	—	—	—
	—	615.05	441.14	—	—	—
	—	1,671	1,113	—	—	—
	—	1,360	931.76	—	—	—
	—	574.76	261.71	—	—	—
	—	785.63	670.05	—	—	—
	—	1,885	1,402	—	—	—
Cash flow
	—	919.21	900.22	—	—	—
	—	-439.54	-462.16	—	—	—
	—	-189.94	-425.35	—	—	—
	—	458.96	490.95	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	951.77	998.52	878.94	906.20	870.61	916.89	801.23	872.59	835.64	839.88	751.58	796.36
	16.77	24.84	16.76	15.51	9.02	16.21	14.49	13.91	10.17	11.31	17.39	5.09
	968.55	1,023	895.71	921.72	879.62	933.10	815.72	886.49	845.81	851.20	768.98	801.46
	979.26	1,013	913.91	919.39	899.69	925.90	831.32	886.80	842.50	811.56	743.61	779.88
	274.17	281.86	247.24	253.01	254.78	275.75	230.84	249.68	235.92	234.46	207.63	225.98
	1.25	1.37	1.89	1.82	1.29	1.14	1.30	1.30	1.38	1.68	1.20	2.72
	131.91	139.60	121.23	133.73	120.24	126.33	101.95	124.55	120.21	108.25	100.64	111.29
	54.24	58.26	57.51	57.46	55.90	55.36	58.64	56.05	54.31	52.42	50.54	43.51
	117.63	125.24	121.86	113.45	104.62	104.68	108.50	104.54	98.88	91.69	90.39	89.26
	400.05	406.39	364.18	359.92	362.85	362.64	330.10	341.76	331.80	323.07	293.21	307.12
	-10.71	10.65	-18.20	2.32	-20.06	7.20	-15.61	-0.30	3.31	39.63	25.37	21.57
	0.00	0.00	0.00	-20.86	0.00	0.00	0.00	—	—	—	-116.01	—
	-10.71	10.65	-18.20	-18.54	-20.06	7.20	-15.61	-0.30	3.31	39.63	-90.64	21.57
	-2.16	2.15	-5.47	-6.24	-5.74	0.99	-2.35	4.61	2.29	7.98	14.40	3.57
	-8.55	8.50	-12.73	-12.29	-14.32	6.21	-13.26	4.31	1.02	31.65	-105.04	18.01
	-0.07	0.07	-0.10	-0.10	-0.12	0.05	-0.11	0.04	0.01	0.26	-0.87	0.15
Key metrics
	161.16	194.15	161.17	152.37	140.46	167.24	151.53	160.29	156.50	183.74	50.29	154.34
	16.90%	19.40%	18.30%	16.80%	16.10%	18.20%	18.90%	18.40%	18.70%	21.90%	6.70%	19.40%
	-0.90%	0.90%	-1.40%	-1.40%	-1.60%	0.70%	-1.70%	0.50%	0.10%	3.80%	-14.00%	2.30%
	1.10%	—	1.00%	—	1.00%	—	1.30%	—	—	—	—	—
	9.30%	8.90%	9.70%	3.90%	4.20%	9.20%	6.60%	9.60%	—	—	—	—
	40.30%	36.90%	4.00%	-385.20%	-1,503.90%	-80.40%	87.40%	-76.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	3,735	3,573	3,349	3,116	2,668	1,853
	73.88	57.50	49.88	37.46	32.46	16.01
	3,809	3,630	3,399	3,154	2,701	1,869
	3,825	3,659	3,372	3,030	2,487	1,756
	1,056	1,031	950.90	879.61	789.62	519.94
	6.33	6.14	5.66	8.47	19.84	11.18
	526.47	501.53	454.95	421.98	311.47	222.76
	227.47	226.24	221.41	172.04	123.76	105.87
	478.18	444.60	403.61	336.94	238.33	185.28
	1,531	1,450	1,336	1,207	1,004	705.24
	-15.94	-28.74	27.03	123.52	214.03	113.62
	-20.86	-20.86	0.00	-116.01	—	-1.32
	-36.80	-49.60	27.03	7.51	214.03	112.31
	-11.72	-16.45	3.31	13.85	32.04	41.08
	-25.07	-33.15	23.72	-6.34	246.07	153.38
	-0.20	-0.27	0.20	-0.05	2.04	1.29
Key metrics
	668.85	621.24	652.05	516.49	576.12	403.46
	17.91%	17.40%	19.50%	16.60%	21.60%	21.80%
	-0.67%	-0.90%	0.70%	-0.20%	9.20%	8.30%
	—	4.50%	7.70%	—	—	—
	7.92%	6.70%	7.50%	16.80%	44.00%	—
	—	-239.80%	474.10%	-102.60%	60.40%	—
	—	400.44	311.90	—	—	—
	—	-21.33	27.93	—	—	—
	—	0.38	0.34	—	—	—
	—	557.00	348.55	—	—	—
	—	-22.4	-13.9	—	—	—
Balance sheet
	—	4,792	3,964	—	—	—
	—	274.08	283.76	—	—	—
	—	17.40	23.46	—	—	—
	—	51.60	58.53	—	—	—
	—	106.95	106.88	—	—	—
	—	47.04	44.02	—	—	—
	—	1,257	1,192	—	—	—
	—	378.17	292.45	—	—	—
	—	897.24	717.64	—	—	—
	—	574.40	372.01	—	—	—
	—	153.04	107.50	—	—	—
	—	421.36	264.51	—	—	—
	—	1,505	1,104	—	—	—
Cash flow
	—	707.19	662.48	—	—	—
	—	-509.50	-322.92	—	—	—
	—	-203.75	-327.08	—	—	—
	—	306.75	350.58	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +10.22%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +7.92%
Profit YoY (TTM): -46.95%

Consolidated

Sales CAGR 3Y: +23.24%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +14.06%
Profit YoY (TTM): +99.44%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 61.36%

Quarter	September 2026	June 2026
Promoter %	61.36%	61.36%

Holder	Type	Holding	Previous	Change
RJ CORP LIMITED	Promoter	57.98%	57.98%	0.00%
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA NIF	Public	7.59%	7.06%	+0.53%
VARUN JAIPURIA	Promoter	3.21%	3.21%	0.00%
DUNEARN INVESTMENTS (MAURITIUS) PTE LTD	Public	2.87%	2.87%	0.00%
HSBC MUTUAL FUND - HSBC SMALL CAP FUND	Public	1.81%	1.42%	+0.39%
HDFC MUTUAL FUND - HDFC MULTI CAP FUND	Public	1.60%	—	—
KOTAK SMALL CAP FUND	Public	1.53%	1.53%	0.00%
BAJAJ LIFE INSURANCE LIMITED	Public	1.48%	1.19%	+0.29%
ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED	Public	1.01%	—	—
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL F	Public	1.01%	—	—
RAVI KANT JAIPURIA	Promoter	0.17%	0.17%	0.00%
LOTUS HOLDINGS	Promoter Group	0.00%	0.00%	0.00%
Gee Kay Builders and Development Services Private Limited	Promoter Group	0.00%	0.00%	0.00%
Accor Industries Private Limited	Promoter Group	0.00%	0.00%	0.00%
Dhara Jaipuria	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Jubilant Foodworks Limited	30,155	436.00	63.94	16.10%	+16.26% TTM	+77.53% TTM	-26.54%
Devyani International Limited	15,942	118.65	-58,304.67	4.30%	+14.06% TTM	+99.44% TTM	-25.70%
TRAVEL FOOD SERVICES LIMITED	15,647	1,163.20	31.52	37.60%	—	—	-11.61%
WESTLIFE FOODWORLD LIMITED	10,060	630.75	5,064.48	—	+9.86% TTM	-94.80% TTM	+7.87%
Sapphire Foods India Limited	6,746	193.60	-1,264.63	3.10%	+13.32% TTM	-2,336.36% TTM	-32.08%
Restaurant Brands Asia Limited	6,668	89.63	-41.95	-0.60%	+15.57% TTM	+32.04% TTM	+32.90%
UNITED FOODBRANDS LIMITED	2,039	548.65	-79.89	1.60%	+30.15% TTM	+50.93% TTM	+174.46%
SPICE LOUNGE FOOD WORKS LIMITED	1,238	16.92	75.24	5.70%	+20.89% TTM	+250.56% TTM	-69.36%
Speciality Restaurants Limited	690	138.50	26.66	8.90%	+13.25% TTM	+18.89% TTM	+1.09%
Coffee Day Enterprises Limited	639	29.83	3.29	7.90%	+4.53% TTM	+275.19% TTM	-26.49%
Vegorama Punjabi Angithi Limited S	418	239.50	—	54.40%	—	—	—
GOURMET GATEWAY INDIA LIMITED	125	9.21	38.25	7.10%	+16.49% TTM	+574.03% TTM	-43.29%
VIKRAM KAMATS HOSPITALITY LIMITED	48	25.90	132.40	4.10%	+33.85% TTM	-42.86% TTM	-56.47%
PECOS Hotels And Pubs Limited S	25	193.95	15.26	29.30%	—	—	-51.51%
Pind Hospitality Limited	13	23.33	—	—	—	—	—

Filings & corporate actions

Recent announcements

Newspaper Publication3 Nov 2026 · Company Update / Newspaper Publication
Audio recording of Investors and Analysts Conference call2 Nov 2026 · Company Update / Analyst / Investor Meet
Press Release2 Nov 2026 · Company Update / Press Release / Media Release
Investor Presentation2 Nov 2026 · Company Update / Investor Presentation
Outcome of Board Meeting2 Nov 2026 · Board Meeting / Outcome of Board Meeting
Unaudited Standalone and Consolidated Results for quarter and half yr ended Sep 30, 20262 Nov 2026 · Result / Financial Results
Intimation regarding approval from the CCI w.r.t. merger of Sapphire Foods India Limited with and into the Company31 Oct 2026 · Company Update / General
The Company will host a group conference call with investors and analysts on Monday, November 2, 2026 at 02:00 P.M. (IST). Details of the group conference call with investor and analyst are enclosed.27 Oct 2026 · Company Update / Analyst / Investor Meet
Devyani International Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/11/2026 ,inter alia, to consider and approve the Unaudited Financial ....26 Oct 2026 · Board Meeting / Board Meeting
Intimation of ESG Rating16 Oct 2026 · Company Update / General
Intimation of closure of trading window28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Participation of representatives of the Company in Event/Conference21 Sep 2026 · Company Update / Analyst / Investor Meet
Intimation of ESG Rating18 Sep 2026 · Company Update / General
Participation of representatives of the Company in Event/ Conference18 Sep 2026 · Company Update / Analyst / Investor Meet
Participation of representatives of the Company in Event/Conference14 Sep 2026 · Company Update / Analyst / Investor Meet
Filing of joint application with the CCI10 Sep 2026 · Company Update / General
Newspaper Publication3 Sep 2026 · Company Update / Newspaper Publication
Disclosure regarding change in Senior Management Personnel31 Aug 2026 · Company Update / Change in Management
Participation of Representatives of the Company in Event(s)/ Conference(s)31 Aug 2026 · Company Update / Analyst / Investor Meet
Amended Scheme of Arrangement26 Aug 2026 · Company Update / Scheme of Arrangement
Outcome of Board Meeting26 Aug 2026 · Others / Outcome without intimation
Voluntary strike-off of non-operational subsidiary of the Company26 Aug 2026 · Company Update / General
Proceedings and Scrutinizer''s Report14 Aug 2026 · Company Update / Meeting Updates
Scrutinizer''s Report14 Aug 2026 · AGM/EGM / AGM
Proceedings of the 35th Annual General Meeting14 Aug 2026 · AGM/EGM / AGM
Transcript4 Aug 2026 · Company Update / Earnings Call Transcript
Newspaper Publication30 Jul 2026 · Company Update / Newspaper Publication
Audio recording of Investors & Analysts Conference Call29 Jul 2026 · Company Update / Analyst / Investor Meet
Grant of stock options29 Jul 2026 · Company Update / General
Press Release29 Jul 2026 · Company Update / Press Release / Media Release
Investor Presentation29 Jul 2026 · Company Update / Investor Presentation
Outcome for Board Meeting for Unaudited Standalone and Consolidated Financial Results for the Quarter ended June 30, 202629 Jul 2026 · Board Meeting / Outcome of Board Meeting
Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 202629 Jul 2026 · Result / Financial Results
Newspaper publication dated July 24, 202624 Jul 2026 · Company Update / Newspaper Publication
Annual Report for FY 2025-2623 Jul 2026 · Others / Reg. 34 (1) Annual Report
Business Responsibility and Sustainability Report for FY 2025-2623 Jul 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Notice of 35th Annual General Meeting and Annual Report of FY 2025-2623 Jul 2026 · AGM/EGM / AGM
The Company will host a group conference call with investors and Analysts on Wednesday, July 29, 2026 at 2:30 P.M. (IST). Details of the group conference call with the investors and Analysts ....22 Jul 2026 · Company Update / Analyst / Investor Meet
Devyani International Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/07/2026 ,inter alia, to consider and approve the Unaudited Financial ....22 Jul 2026 · Board Meeting / Board Meeting
Newspaper publication dated July 22, 2026.22 Jul 2026 · Company Update / Newspaper Publication

Board meetings

2 Nov 2026 Board Meeting - Financial Results
29 Jul 2026 Board Meeting - Financial Results