News & Events7 August 2023

Devyani International Limited: Poised to deliver industry-leading growth


With the easing of input prices and a pick-up in growth, earnings are expected to improve.

Highlights: Margins affected by higher employee costs Demand to pick up from Q3 To double store count over the next four years Menu innovation to boost sales Margins to improve The Q1 margins of Devyani International (DIL; CMP: Rs 189; Market Cap: Rs 22,856 crore) were lower than expected because of an increase in the employee cost. With inflationary pressures waning, the company expects demand to recover from Q3FY24.

19 February 2021

KFC, Pizza Hut, Costa Coffee operator Devyani International to join QSR IPO wave; backed by restaurant giant Yum! Brands

10 February 2020

RJ Corp firm DIL to invest Rs 1,000 cr in 5 years; Yum! Restaurants picks stake

15 August 2021

Devyani International extends partnership with Costa Coffee