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Devyani International Limited is a multi-dimensional quick service restaurant (QSR) player in India. The company develops, manages, and operates QSRs and food courts for brands including Pizza Hut, KFC, Costa Coffee, and Vaango. As of March 31, 2023, it operates 1,243 stores across India, Nepal, and Nigeria. The company's portfolio includes 543 KFC stores, 510 Pizza Hut stores, and 112 Costa Coffee stores. Devyani International holds franchisees for Yum Brands in India and has expanded to Nigeria, Nepal, and Thailand. The company also operates its own South Indian QSR brand, Vaango, and manages retail stores for TWG Tea. It has experienced significant growth, opening 305 new units in 2022-23, and operates across 204 cities in India.
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Devyani International Q1: Record EBITDA Drives 4.2% Stock Jump

Devyani International Q1 profit zooms to ₹14.7 crore, shares surge 6.5%

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Devyani, Sapphire shares surge 9% on BSE-NSE merger approvals

Devyani International shares down 2.92% despite brokerage bullishness

Devyani International posts ₹10.04 cr Q4 loss, sales up 18.5%

Devyani International Q4 loss narrows to ₹10 cr on strong KFC sales

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Devyani invests ₹347 cr in Thailand KFC franchise operator

Devyani International shares surge 16% as own brands drive growth

Devyani International Surges on Multiple Buy Ratings, Targets ₹180

Devyani International Stock Soars 8% on Jefferies Upgrade, Q3 Loss Widens

Devyani-Sapphire Merger Creates India's Largest QSR Entity

Devyani surges 8% as Sapphire merger creates India's largest QSR platform

ITC Hits 3-Year Low as Seven Brokerages Issue Downgrades

Devyani-Sapphire Merger Gets Board Approval, Shares React
Company insights, generated from the most recent coverage.
Subsidiary Devyani RK dissolved effective August 25, 2026, adding minor negative sentiment to today's decline.
Stock down 4.02% to ₹140.23 as profit booking follows yesterday's 4% surge on merger news; RSI at 12.90 (oversold) after prior overbought levels (71.8), with price below EMA(20), SMA(50), and SMA(200).
Q1 FY27 revenue ₹1,581 Cr (+16.5% YoY) with record EBITDA of ₹255 Cr (16.1% margin); KFC India SSSG +3.3% and international revenue up 20% YoY show strong operational execution.