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Devyani International Ltd share Price Today

Company details

177.01
180.00
142.25
227.50
6M Return -2.23%
1Y Return -7.50%
Mkt Cap.(Cr) 21,511.32
Volume 1,660,818
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 1,660,818

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Resturants company Devyani International announced Q4FY24 & FY24 results:

  • The operating Revenues for the FY24 is at Rs 35.6 billion growing at a health rate of 18.6% vs the previous financial year.
  • The EBITDA for the full year 2023-24 closed at Rs 6.5 billion i.e. 18.3% of the revenue.
  • During the quarter, consolidated revenues from operations (including Thailand) stood at Rs 10.5 billion with growth of 38.7% on YoY basis.
  • Completes and seamlessly integrates RD Thailand acquisition
  • Added 47 net new stores (including 5 KFC stores in Thailand)
  • Total store count at 1,782 – to hit 2,000 stores in 2024, instead of 2026
  • Enters into partnership with PVR INOX for operating food courts in Shopping Malls

Commenting on the performance for Q4 & FY24, Ravi Jaipuria, Non-Executive Chairman, Devyani International Limited said, " In 2024, we have diligently focused on our strategic expansion goals. Over the course of the year, we opened 256 new stores, including 47 in the fourth quarter. As of March 31, our total store count has reached 1,782, including the 283 KFC stores, we acquired in Thailand on January 18, 2024.

The year was also marked by successful acquisition and seamless integration of the Thailand KFC business. The transaction, which was completed during Q4, has been a significant milestone for us. This development has expanded our international footprint and the same is in line with our long-term growth objectives of having a mix of international business.

Alongside our global expansion, we have also been working on a strategy to enhance our domestic footprint of Food Courts business in response to India's emergence as a major destination for travel, tourism, and shopping. The domestic travel market is picking up very well and we are seeing religious tourism as one of the important thrust areas. India is also gaining importance in the international markets for medico tourism and a value for money shopping destination. All these changes are structural in nature and here to stay. There is a common theme that runs across this phenomenon and that is Food – ON The GO.

With this strategy, and to cater to the rising “QUICK” trend, we are making Food Courts, as one of the important pillars of our growth aspiration across various consumption channels and touch points of travel and shopping. Our existing bouquet of brands will help us with this strategy.

With this objective, I am pleased to state that DIL has entered, into a strategic partnership with PVR INOX to develop and operate the business of Food Courts at shopping malls across the Country to co-promote movies and food. This will not only help us strengthen our presence at various Malls in the Country but will also give a boost to our brands and the food court business."

Result PDF

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Devyani International Ltd shares SWOT Analysis

Strengths (6)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Increasing Revenue every quarter for the past 2 quarters
  • Book Value per share Improving for last 2 years

Weakness (3)

  • Declining profits every quarter for the past 2 quarters
  • Low Piotroski Score : Companies with weak financials
  • Major fall in TTM Net Profit

Opportunity (1)

  • RSI indicating price strength

Threats (3)

  • High PE (PE > 40)
  • Companies Increasing Debt as per Annual Report
  • Increasing Trend in Non-Core Income

Resistance and support

R1 179.9
R2 181.5
R3 182.9
Pivot

178.47

S1 176.9
S2 175.5
S3 173.9
EMA SMA
166.1
162.3
164.7
170.3
161.1
161.1
160.7
177.6
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
SOCIETE GENERALE Block Purchase 2024-04-23 163 1792817 NSE
MARSHALL WACE INVESTMENT STRATEGIES - EUREKA FUND Block Sell 2024-04-23 163 1792817 NSE
NIPPON INDIA MUTUAL FUND Bulk Purchase 2024-02-21 164.1 8000000 NSE
Name Category Shares
VARUN JAIPURIA PROMOTER 3.29%
RJ CORP LIMITED PROMOTER 59.28%

FINANCIALS

Sales
Operating Profit
Profit after Tax
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Reserves and Surplus
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Devyani International Ltd Stocks COMPARISON

Financials( in Cr) Devyani International Ltd Jubilant Foodworks Ltd Westlife Foodworld Ltd Sapphire Foods India Ltd Restaurant Brands Asia Ltd
Price 178.39 530.65 805.10 1,503.75 111.13
% Change -0.88 -0.37 -0.51 -0.29 3.98
Mcap Cr 21,511.32 35,014.67 12,554.41 9,579.49 5,516.15
Revenue TTM Cr 3,556.32 5,158.25 2,278.18 2,265.57 2,054.28
Net Profit TTM Cr -9.65 353.03 111.58 233.19 -241.80
PE TTM 0.00 133.93 181.59 181.56 0.00
1 Year Return -7.50 9.41 -3.47 7.11 2.90
ROCE 0.00 15.96 14.74 8.13 0.00
ROE 0.00 17.73 21.71 15.39 0.00
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 1,054.96 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 32,317.57 -2,589.17
LAST 3M 111,725.82 -36,230.77
LAST 6M 182,653.52 -16,910.03
LAST 12M 290,144.87 98,834.05
Devyani International Limited - Notice Of Shareholders Meetings-XBRL

Jun 13, 2024 l NSE Announcement

Devyani International Limited - Copy of Newspaper Publication

Jun 11, 2024 l NSE Announcement

Date Action Type Ratio
No data found

Devyani International Ltd Information

Stock PE (TTM)
0
Promoter Holding
62.74%
Book Value
8.747
ROCE
0%
ROE
0%
Description
  • The Company was originally incorporated as `Universal Ice Creams Private Limited` at New Delhi as Private Limited Company on December 13, 1991. Subsequently, name of the Company changed to `Devyani International Private Limited` and a fresh Certificate of Incorporation dated 07 June 2000, was issued by the RoC. Thereafter, the Company converted into a Public Limited Company and consequently, name of Company was changed to `Devyani International Limited` dated 09 May 2005. The Company is a multi-dimensional comprehensive quick service restaurant(QSR) player in India. The Company is primarily engaged in the business of developing, managing and operating quick service restaurants and food courts for brands such as Pizza Hut, KFC, Costa Coffee, Vaango, etc., and retail stores of TWG Tea. As of March 31, 2023, the Company has 1,243 stores across India, Nepal and Nigeria. In 1997, the Company signed a development agreement with PepsiCo Restaurants International (India) Private Limited for opening Pizza Hut outlets in North India, pursuant to which it commenced operations of first Pizza Hut outlet in Jaipur. In 2002, it acquired Speciality Restaurants Private Limited. In 2003, Tricon Restaurants (India) Private Limited issued a letter of intent to our Company for opening Pizza Hut outlets in Kolkata. In 2004, Speciality Restaurants Private limited was merged in with the Company. In 2005, Company signed an International Development Agreement with Costa for opening Costa Coffee outlets in India. The first KFC store opened in Kolkata. In 2010, it opened the first KFC outlet in Nigeria. It opened e first KFC and Pizza Hut outlets in Nepal. Devyani Food Street Private Limited formed in a joint venture with Delhi International Airport Limited and the Company. In 2011, the Company launched its own brand for South Indian QSR- Vaango. In 2012, First Pizza Hut Delivery opened in Nepal. The Company acquired 60% stake in Delhi Select Service Hospitality Private Limited. IDBI Trusteeship Services Limited, acting through its Investment Manager, ICICI Venture Funds Management Company Limited invested Rs. 991.41 million in the Company. In 2015, it acquired Pizza Hut delivery stores from Yum India in Western and Southern India. In 2016, it acquired balance 40% stake in DFSPL from Delhi International Airport Private Limited for an aggregate consideration of Rs. 49.20 million. In 2017, it entered into a concession agreement with GMR Hyderabad International Airport Limited to operate and maintain the food court of Hyderabad Airport under the brand name `Food Street`. In 2019, it acquired 13 KFC outlets and 61 KFC outlets with Yum India during FY 2020. As on 31 March 2019, the Company has 6 subsidiaries and 1 joint venture company. As of March 31, 2021, the Company operated 264 KFC stores and 297 Pizza Hut stores across India. In August 2021, it extended partnership with Costa Coffee parent. As of March 31, 2022, the Company operated in total 892 stores across 204 cities in India. It opened 246 new stores in FY 2021-22. It has operations in Nepal and Nigeria through a network of 46 stores. During the year 2021-22, the Board of Directors of Company in their meeting held on December 13, 2021 amalgamated both subsidiaries, Devyani Food Street Private Limited and Devyani Airport Services (Mumbai) Private Limited, with the Company. As on 31 March 2022, the Company has 5 subsidiaries. In FY22, it added 100 new stores to reach 364 stores. During 2022-23, the Company opened 305 Net New Units (NNUs), as against the previous highest addition of 246 NNUs, taking the total store count to 1,243 and store count across core brands to 1,165. The Company`s portfolio as of FY 2023 stands at 543 stores for KFC, 510 stores for Pizza Hut and 112 stores for Costa Coffee. It added 138 KFC stores during the year; 93 Pizza Hut stores; 57 Costa Coffee stores and expanded the network by adding 126 new stores, reaching a total of 490 stores by year-end 2022-23. During 2023, the Company launched Flavour Fun Pizza. It launched 4 flagship stores. It introduced 13 stores for the international business and further launched the lunch menu at KFC.

No Data Found

AGM Date (Month) : Jul
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 543330
NSE Code : DEVYANI
Book Closure Date (Month) : Jun/Jul
BSE Group : A
ISIN : INE872J01023

FAQ’s on Devyani International Ltd Shares

You can buy Devyani International Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Devyani International Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 14, 2024 03:59 PM the closing price of Devyani International Ltd was Rs.178.39.

The latest PE ratio of Devyani International Ltd as of Jun 14, 2024 03:59 PM is 0.00

The latest PB ratio of Devyani International Ltd as of Jun 14, 2024 03:59 PM is 0.05

The 52-week high of Devyani International Ltd share price is Rs. 227.50 while the 52-week low is Rs. 142.25

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 14, 2024 03:59 PM, the market cap of Devyani International Ltd stood at Rs. 21,511.32.

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