Devyani International Limited — Investor Meet, 30-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Devyani International reported consolidated revenue of Rs. 4,951 crore, up 39.2% YoY, supported by acquisitions and expanding to 2,039 stores. EBITDA margin stood at 17%, with EBITDA rising 29.1%. India revenue grew 7.5%, with KFC adding 100 stores but facing temporary ADS pressure due to bird flu and geopolitical factors; recovery is expected soon. Pizza Hut performance remained subdued, with turnaround plans underway. Costa Coffee grew strongly (+30.8%) despite cost pressures. The international segment (375 stores) showed margin improvement but remained PAT negative. The Sky Gate Hospitality acquisition marks a move into Indian food, with Rs. 90 crore capital infusion planned and turnaround targeted within a year. Management focuses on multi-brand growth, operational efficiency, and margin discipline amid macro challenges. Investor sentiment is cautiously optimistic on growth normalization and diversification.