Devyani International to attend BofA and Citi investor conferences

0 min read     Updated on 28 May 2026, 12:09 AM
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Devyani International Limited announced its participation in the BofA 2026 India Conference on June 2 and Citi’s 2026 India Conference on June 4, 2026, in Mumbai. The company confirmed that no Unpublished Price Sensitive Information (UPSI) will be shared during these physical group meetings.

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Devyani International Limited will participate in the BofA 2026 India Conference and Citi’s 2026 India Conference in early June 2026. The company's representatives will engage with investors at these physical events in Mumbai, providing a platform to discuss business operations without disclosing Unpublished Price Sensitive Information (UPSI).

The disclosure was submitted to the National Stock Exchange of India Ltd. and BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pankaj Virmani, Chief Sustainability Officer & Company Secretary, filed the update on May 26, 2026.

The schedule for the participation is outlined below:

Date of Event/ Conference Name of Event/ Conference Mode Location Type of Meeting
2 June 2026 Bofa 2026 India Conference Physical Mumbai Group Meet
4 June 2026 Citi’s 2026 India Conference Physical Mumbai Group Meet

Devyani International noted that the schedule is subject to changes due to exigencies on the part of the event organizer or the company's representatives. The company operates brands such as KFC, Pizza Hut, and Costa Coffee in India.

Historical Stock Returns for Devyani International

1 Day5 Days1 Month6 Months1 Year5 Years
-1.54%-0.74%+3.26%-15.38%-32.92%-6.59%

What strategic growth initiatives will Devyani International highlight during these investor meetings?

How might the company's performance in the quick-service restaurant sector impact investor sentiment ahead of the conferences?

Could the discussions at these events signal any upcoming partnerships or expansion plans for Devyani International?

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Devyani KFC Posts 14-Quarter High SSSG; Revenue Rises 18.5%

3 min read     Updated on 22 May 2026, 08:13 AM
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Devyani International Limited reported an 18.5% YoY increase in consolidated revenue to INR 14,368.62 million for Q4 FY26. KFC India achieved its highest same-store sales growth in 14 quarters at 4.9%, while international business revenue crossed INR 500 crore. The company narrowed its net loss to INR 98.39 million and outlined its 'DIL 2.0' strategy focusing on digital transformation and AI. Management expects to add 200-225 net new stores in FY27 and remains on track to complete the merger with Sapphire Foods by the end of the current financial year.

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Devyani International Limited has announced its audited financial results for the quarter and full financial year ended March 31, 2026. The Board of Directors approved the audited standalone and consolidated financial results in compliance with SEBI regulations. The results were audited by joint statutory auditors Walker Chandiok & Co LLP and O P Bagla & Co LLP. The company reported a net loss from continuing operations of INR 133.89 million for Q4 FY26, compared to a net loss of INR 167.63 million in Q4 FY25. Including discontinued operations, the net loss for Q4 FY26 was INR 98.39 million.

Consolidated Financial Performance

On a consolidated basis, revenue from operations for Q4 FY26 stood at INR 14,368.62 million, an increase of 18.5% compared to INR 12,125.91 million in Q4 FY25. For the full fiscal year FY26, consolidated revenue reached INR 56,114.79 million against INR 49,510.52 million in FY25. Total income for the quarter was INR 14,510.08 million versus INR 12,257.76 million in Q4 FY25. Total expenses for the quarter rose to INR 14,690.85 million from INR 12,479.06 million in the prior year period. Consolidated EBITDA for Q4 FY26 improved to INR 2,295 million from INR 2,009 million in the same quarter of the previous year. The EBITDA margin for Q4 stood at 16.0%, compared to 16.6% in Q4 FY25.

Metric: Q4 FY26 Q4 FY25 FY26 FY25
Revenue from Operations (INR mn): 14,368.62 12,125.91 56,114.79 49,510.52
Reported EBITDA (INR mn): 2,295 2,009 8,554 8,422
Net Loss – Continuing Operations (INR mn): (133.89) (167.63) (425.35) (69.00)

Segment Performance

KFC India reported same-store sales growth (SSSG) of 4.9% in Q4 FY26, its highest in the last 14 quarters, driven by value-led initiatives and accessibility-focused campaigns. This momentum translated into nearly 15% year-on-year growth for KFC, with Q4 revenues of INR 586 crore. Brand contribution grew nearly 20% year-on-year to reach INR 99 crore with brand contribution margins improving to 17.0% for the quarter. The company ended the year with 783 KFC stores across India.

International business revenue grew 20.0% YoY to Rs. 5,033 million, crossing INR 500 crore in quarterly revenues for the first time. Improved gross margins and operating leverage drove brand contribution margins to 17.7%, with brand contribution reaching INR 89 crore. The company's own brands, including BBK and Vaango, contributed Rs. 911 million in revenue for the quarter, growing 11.5% on a like-for-like basis. Biryani By Kilo achieved positive brand contribution, and the company has initiated measured expansion in offline channels via Express formats. Pizza Hut India revenue declined 3.5% YoY to Rs. 1,692 million during the quarter, with SSSG at minus 3.7%. The company ended the year with 639 Pizza Hut stores with no net additions during the quarter.

Brand / Segment: Q4 FY26 Revenue YoY Change
KFC India: Rs. 5,855 million +14.6%
Pizza Hut India: Rs. 1,692 million -3.5%
International Business: Rs. 5,033 million +20.0%
Own Brands (incl. BBK & Vaango): Rs. 911 million +11.5% (LFL basis)

Strategic Outlook and Guidance

Management outlined the "DIL 2.0" strategy, focusing on digital transformation, automation, and AI to enhance efficiency and scalability. The company has achieved more than 80% digital kiosk penetration across its KFC store network and is making progress on DIL Commerce, its unified technology platform. Regarding the proposed merger with Sapphire Foods India Limited, the company stated the process is on track and expects completion by the end of the current financial year.

For FY27, the company expects to add approximately 200 to 225 net new stores. KFC is expected to contribute 100 to 110 stores, with the balance driven by Costa Coffee, Biryani By Kilo, and international businesses. The company has decided to discontinue the Tea Live brand in India and Thailand. Management expressed optimism about demand conditions, noting stable sentiment and improvement in consumption trends, while remaining cautious about macroeconomic factors.

Historical Stock Returns for Devyani International

1 Day5 Days1 Month6 Months1 Year5 Years
-1.54%-0.74%+3.26%-15.38%-32.92%-6.59%

How will the merger with Sapphire Foods reshape Devyani International's competitive positioning and market share in the QSR sector, and what synergies can investors realistically expect post-integration?

Given Pizza Hut India's continued revenue decline and stagnant store count, what strategic interventions could management deploy to reverse the brand's trajectory before it becomes a drag on the merged entity?

With KFC India achieving its highest SSSG in 14 quarters through value-led initiatives, how sustainable is this momentum if inflationary pressures on food costs intensify in FY27?

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