NSE DEVYANI · BSE 543330 · Restaurants · NIFTY 500

Devyani International Share Price

Market closed · updated 25 Sep, 4:37 PM IST

₹136.55 ▼ −₹2.63 · 1.89% NSE · as of 24 Sep 2026, 9:26 AM · BSE ₹137.55

Today's range

₹135.85Low₹139.25High

52-week range

₹91.57Low · 2 Apr 2026₹183.00High · 24 Sep 2025

Devyani International Overview

Where the price stands, how it has moved and how it sits against its averages.

Devyani International shares last traded at ₹136.55 on the NSE, down 1.89% on the day. That is 25.4% below the 52-week high of ₹183.00 and 49.1% above the 52-week low of ₹91.57. Its market value is ₹17,024 Cr.

Price returns

1 Day▼ −1.89%

5 Days▲ +2.50%

This month▲ +0.97%

3 Months▲ +21.49%

6 Months▲ +37.36%

This year▼ −5.30%

1 Year▼ −19.99%

Against the market: 1 Month ▼ −2.88% · 3 Months ▲ +25.00% · 6 Months ▲ +38.18% · This year ▲ +7.85% · 1 Year ▼ −12.21%

Shading grows with the size of the move. Prices refresh every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next update from Mon 28 Sep, 9:15 AM.

Moving averages — price is above 3 of 6

5-day average₹140.71 ▼ price 3.0% below
20-day average₹140.29 ▼ price 2.7% below
10-day average₹138.88 ▼ price 1.7% below
Today's price₹136.55
50-day average₹131.50 ▲ price 3.8% above
300-day average₹123.43 ▲ price 10.6% above
100-day average₹123.19 ▲ price 10.8% above

Averages above today's price sit higher on the ladder. Price above most of its averages is usually read as an upward trend.

Devyani International Financial Results

Revenue and net profit in ₹ crore, with the full statements underneath.

Revenue₹ crore

5,611

Net profit₹ crore · losses below zero

−122

265

−39

Year by year

Fiscal year	Revenue	Growth	Net profit	Net margin	EPS	Dividend
FY 2026	₹5,611 Cr	▲ +13.3%	−₹39 Cr	−0.7%	−₹0.31	—
FY 2025	₹4,951 Cr	▲ +39.2%	₹9 Cr	0.2%	₹0.08	—
FY 2024	₹3,556 Cr	▲ +18.6%	₹47 Cr	1.3%	₹0.39	—
FY 2023	₹2,998 Cr	▲ +43.8%	₹265 Cr	8.8%	₹2.19	—
FY 2022	₹2,084 Cr	▲ +83.6%	₹156 Cr	7.5%	₹1.32	—
FY 2021	₹1,135 Cr	▼ −25.2%	−₹55 Cr	−4.9%	−₹0.64	₹0.00
FY 2020	₹1,516 Cr	—	−₹122 Cr	−8.0%	−₹0.68	₹0.00

Revenue₹ crore

1,581

Net profit₹ crore · losses below zero

−22

Quarter by quarter

Quarter	Revenue	vs prev. qtr	Net profit	Net margin	EPS
Q1 FY27	₹1,581 Cr	▲ +10.0%	₹15 Cr	0.9%	₹0.12
Q4 FY26	₹1,437 Cr	▼ −0.3%	−₹10 Cr	−0.7%	−₹0.12
Q3 FY26	₹1,441 Cr	▲ +4.7%	−₹10 Cr	−0.7%	−₹0.07
Q2 FY26	₹1,377 Cr	▲ +1.5%	−₹22 Cr	−1.6%	−₹0.14
Q1 FY26	₹1,357 Cr	▲ +11.9%	₹4 Cr	0.3%	₹0.03
Q4 FY25	₹1,213 Cr	▼ −6.3%	−₹15 Cr	−1.2%	−₹0.12
Q3 FY25	₹1,294 Cr	▲ +5.9%	−₹0 Cr	−0.0%	₹0.00
Q2 FY25	₹1,222 Cr	—	₹0 Cr	0.0%	₹0.00

Balance sheet — FY26

Owes (liabilities)Shareholders' equity

77%

23%

Total assets₹6,750 Cr
Total liabilities₹5,208 Cr
Shareholders' equity₹1,542 Cr
Total debt₹3,833 Cr
Cash & investments₹495 Cr
Current ratio0.51×
Revenue growth, 5 yr37.67% a year
Operating margin (TTM)3.12%
Net margin (TTM)−0.48%

Cash flow — FY26

Operating activities

▲ ₹927 Cr

Investing activities

▼ −₹440 Cr

Financing activities

▼ −₹197 Cr

Free cash flow

▲ ₹468 Cr

Net change in cash

▲ ₹310 Cr

Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.

Full financial statements, FY20–FY26

₹ crore	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Total revenue	1,516.39	1,134.84	2,084.01	2,997.72	3,556.32	4,951.05	5,611.48
Cost of revenue	556.33	409.80	711.60	1,087.87	1,286.33	1,855.01	2,121.93
Gross profit	960.06	725.04	1,372.41	1,909.85	2,269.99	3,096.04	3,489.55
Operating expenses	1,425.07	1,116.12	1,848.16	2,640.69	3,292.07	4,676.75	5,421.05
Operating income	91.32	18.72	235.85	357.04	264.25	274.30	190.43
Depreciation	218.04	224.64	217.39	275.33	382.29	566.97	651.80
Profit before tax	−76.91	−82.39	123.14	241.93	3.68	12.79	−56.87
Tax	1.84	−1.07	−31.97	−20.59	13.33	19.69	−14.34
Net profit	−121.67	−55.21	156.34	265.00	47.26	9.15	−38.63
EPS (₹)	−0.68	−0.64	1.32	2.19	0.39	0.08	−0.31
Dividend per share (₹)	0.00	0.00	—	—	—	—	—

₹ crore	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Total assets	1,883.58	1,668.41	2,262.53	2,988.53	4,932.45	5,338.57	6,749.97
Current assets	143.18	164.53	336.13	309.87	486.12	473.76	852.43
Cash & short-term investments	17.29	42.72	150.03	85.14	237.98	181.61	494.90
Inventory	72.09	62.20	92.80	136.85	131.04	153.36	170.66
Property, plant & equipment	1,527.26	1,110.97	1,509.37	2,188.03	3,201.06	3,516.38	3,796.44
Total liabilities	2,072.68	1,554.63	1,576.23	2,018.18	3,876.69	4,244.17	5,208.15
Current liabilities	577.77	420.67	420.20	535.49	936.02	1,112.86	1,671.43
Total debt	1,832.28	1,335.76	1,254.23	1,564.81	2,905.68	3,187.60	3,833.15
Total equity	−189.10	113.77	686.30	970.35	1,055.76	1,094.41	1,541.82

₹ crore	FY20	FY21	FY22	FY23	FY24	FY25	FY26
From operations	300.72	239.56	450.59	637.00	766.37	900.22	926.52
From investing	−97.43	−358.60	−375.27	−349.74	−1,550.87	−462.16	−439.54
From financing	−222.62	141.98	−58.35	−282.70	889.27	−425.35	−197.25
Capital expenditure	−99.91	−137.34	−306.25	−437.31	−478.45	−490.95	−458.96
Dividends paid	—	—	—	—	—	—	—
Net change in cash	−13.35	26.74	17.48	5.14	105.06	13.73	309.88

What Analysts Say

23 analysts

Recommendations from 23 analysts who cover Devyani International.

Buy average rating 2.26 on a 1–5 scale

Strong buyBuyHoldSellStrong sell

▲ 15 bullish (65.2%) · 4 hold (17.4%) · ▼ 4 bearish (17.4%)

Votes

Strong Buy

7 (30%)

Buy

8 (35%)

Hold

4 (17%)

Sell

3 (13%)

Strong Sell

1 (4%)

How the votes changed

Rating	3M ago	2M ago	1M ago	1W ago	Now	3-month change
Strong Buy	7	7	6	6	7	—
Buy	8	7	8	8	8	—
Hold	3	4	4	4	4	▲ +1
Sell	4	4	4	4	3	▼ −1
Strong Sell	0	0	1	1	1	▲ +1

Analyst ratings are opinions, not a guarantee of returns.

Devyani International vs Peers

Side by side with other restaurants companies. The small bars compare each column.

Company	Price	Change	Market cap	P/E	P/B	ROE (5 yr)	Net margin	Div. yield	Rating
Devyani International	₹136.55	▼ −1.89%	₹17,024 Cr	—	11.20	9.47%	−0.48%	0.00%	This stock
Jubilant FoodWorks	₹478.30	▼ −1.38%	₹31,560 Cr	69.84	11.97	17.49%	3.92%	0.29%	Neutral
Travel Food Services	₹1,201.65	▼ −1.06%	₹15,716 Cr	38.71	11.81	34.66%	27.45%	—	Bearish
Westlife Foodworld	₹568.60	▼ −5.20%	₹8,955 Cr	1,666.12	11.51	8.07%	1.23%	0.16%	Bullish
Sapphire Foods India	₹225.45	▼ −2.70%	₹7,243 Cr	—	4.21	5.39%	−1.02%	—	Neutral
Restaurant Brands Asia	₹90.80	▼ −4.21%	₹6,466 Cr	—	5.37	−27.30%	−7.23%	—	Neutral

Rating = the data provider's overall technical view of each peer. Company names link to their own pages.

Shareholding Pattern

Who owns Devyani International shares, quarter by quarter (latest on top).

PromoterFIIMFOther

Jun '26

61.4%

15.3%

16.6%

Mar '26

Dec '25

Sep '25

Holder	Sep '25	Dec '25	Mar '26	Jun '26	Change
Promoter	61.42%	61.37%	61.36%	61.36%	0.00 pts
FII	6.55%	5.77%	6.13%	6.81%	▲ +0.68 pts
MF	15.94%	15.90%	15.36%	15.26%	▼ −0.10 pts
Other	16.09%	16.96%	17.15%	16.57%	▼ −0.58 pts

Devyani International Key Metrics

Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.

Devyani InternationalBenchmarkComfortable → stretched

Valuation Is the price reasonable?

P/BPrice ÷ book value per share

11.20

P/SPrice ÷ sales per share

2.96

P/CFPrice ÷ cash flow per share

26.30

Profitability Of every ₹100 of sales, how much is kept?

Gross marginKept after the cost of goods

68.65%

▲ above its 5-yr average of 63.22%

Operating marginKept after running costs

3.12%

▼ below its 5-yr average of 6.88%

Pre-tax marginKept before tax

−0.63%

▼ below its 5-yr average of 1.69%

Net marginKept as profit

−0.48%

▼ below its 5-yr average of 1.87%

Returns & efficiency How well does it use its money?

Return on equityProfit on shareholders' money

−2.93%

▼ below its 5-yr average of 9.47%

Return on assetsProfit on everything it owns

−0.70%

▼ below its 5-yr average of 1.82%

Return on investmentProfit on long-term capital

−0.98%

▼ below its 5-yr average of 2.40%

Growth Is the business getting bigger?

Revenue — last 12 months

+14.7%

▲ growing

Revenue — 3 yr, a year

+23.2%

▲ growing

Revenue — 5 yr, a year

+37.7%

▲ growing (off the scale)

EPS — last 12 months

−122.2%

▼ shrinking (off the scale)

Book value — 5 yr, a year

+66.2%

▲ growing (off the scale)

Financial strength Can it pay its bills and debts?

Debt to equityBorrowings for every ₹1 of shareholders' money

2.49×

! High debt

Current ratioShort-term assets for every ₹1 due within a year

0.51×

! Tight

Quick ratioLike the current ratio, without inventory

0.41×

! Tight

Interest coverOperating profit ÷ interest to pay

0.82×

! Weak

Per share What each share stands for

EPS (TTM)

−₹0.20

Book value

₹12.51

Cash flow

₹5.18

Dividend

₹0.00

Revenue

₹46.05

The share price is 10.92× the book value behind each share.

Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.

All 91 metrics from the data provider

Valuation

Current Dividend Yield - Common Stock Primary Issue, LTM0.00

Price to Book - most recent fiscal year11.20

Price to sales - most recent fiscal year3.08

Price to Cash Flow per share - trailing 12 month26.30

Price to Free Cash Flow per Share - most recent fiscal year36.95

Price to sales - trailing 12 month2.96

Net Debt, LFY33,382.45

Per share

Cash Flow per share - trailing 12 month5.18

Cash Flow per share - most recent fiscal year4.96

EPS including extraordinary items - trailing 12 month−0.20

EPS including extraordinary items - most recent fiscal year−0.31

EBITD per share - trailing 12 month7.14

Revenue/share - trailing 12 month46.05

EPS excluding extraordinary items - trailing 12 month−0.21

EPS Basic excluding extraordinary items - most recent fiscal year−0.31

EPS Basic excluding extraordinary items - trailing 12 month−0.21

Book value per share - most recent fiscal year12.51

Revenue/share - most recent fiscal year45.71

EPS Normalized - most recent fiscal year−0.23

Book value (tangible) per share - most recent fiscal year−2.74

Dividends per share - trailing 12 month0.00

EPS excluding extraordinary items - most recent fiscal year−0.31

Cash per share - most recent fiscal year4.01

Margins

Operating margin - trailing 12 month3.12

Gross Margin - 5 year average63.22

Operating margin - 1st historical fiscal year3.39

Operating Margin - 5 year average6.88

Net Profit Margin % - 1st historical fiscal year−0.76

Gross Margin - 1st historical fiscal year62.19

Net Profit Margin % - trailing 12 month−0.48

Net Profit Margin - 5 year average1.87

Pretax Margin - 5 year average1.69

Pretax margin - 1st historical fiscal year−1.01

Pretax margin - trailing 12 month−0.63

Free Operating Cash Flow/Revenue, 5 Year Average7.86

Gross Margin - trailing 12 month68.65

Growth

EPS Change %, TTM over TTM−122.17

Revenue growth rate, 5 year37.67

Revenue Change % - most recent quarter 1 year ago16.47

Revenue/share (5 yr growth)35.97

Free Operating Cash Flow, 5 Year CAGR35.54

Capital Spending growth rate, 5 year27.29

Revenue Change %, TTM over TTM14.72

Growth rate% - Revenue, 3 year23.24

Book value per share growth rate, 5 year66.20

EPS Change % - most recent quarter 1 year ago279.99

Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR27.93

Total Debt, 5 Year CAGR23.47

Financial strength

Net Interest coverage - most recent fiscal year0.82

Free Cash Flow - most recent fiscal year4,675.63

LT debt/equity - most recent fiscal year1.97

Quick ratio - most recent fiscal year0.41

Current ratio - most recent fiscal year0.51

Current EV/Free Cash Flow, LFY139.42

Total debt/total equity - most recent fiscal year2.49

Net Interest coverage - trailing 12 month0.82

Returns & efficiency

Return on average equity - 5 year average9.47

Net Income/employee - trailing 12 month−17,457.22

Revenue/employee - most recent fiscal year36,48,912.00

Return on investment - most recent fiscal year−0.98

Return on average assets - most recent fiscal year−0.70

Receivables turnover - most recent fiscal year106.49

Inventory turnover - most recent fiscal year13.10

Revenue/employee - trailing 12 month36,57,177.00

Return on average assets - 5 year average1.82

Net Income/employee - most recent fiscal year−27,658.74

Asset turnover - most recent fiscal year0.93

Return on average equity - most recent fiscal year−2.93

Return on investment - 5 year average2.40

Price & volume

Market Cap17,018.26

52 week Low Date2 Apr 2026

Price - 1 Day % Change−3.04

Relative (S&P500) price percent change - 13 week25.00

Avg trading volume last 10 days1.83

Price - 13 week price percent change21.49

Price - 52 week price percent change−19.99

Avg Trading Volume Last 3 months87.17

Price - 5 Day % Change2.50

Price % Change Month To Date0.97

Relative (S&P500) price percent change - 04 week−2.88

52 week High Date24 Sep 2025

Price - 26 week price percent change37.36

PDATE23 Sep 2026

Price - YTD price percent change−5.30

Relative (S&P500) price percent change - 52 week−12.21

NPRICE140.11

Relative (S&P500) price percent change - 26 week38.18

52 week Low91.55

52 week High181.79

Beta1.34

Relative (S&P500) price percent change - Year to Date7.85

Dividends & Corporate Events

Payouts to shareholders, splits and bonus issues, and company meetings — newest first.

Dividend yield0.00%

No dividends on record.

Corporate calendar

14 Aug 2026MeetingAnnual General Meeting
29 Jul 2026BoardQuarterly Results
15 May 2026BoardAudited Results
10 Mar 2026MeetingPostal Ballot
8 Feb 2026MeetingPostal Ballot
4 Feb 2026BoardQuarterly Results & Others
6 Nov 2025BoardQuarterly Results
13 Aug 2025BoardQuarterly Results

Show 6 older events

28 Jul 2025MeetingAnnual General Meeting
23 May 2025BoardAudited Results
17 May 2025MeetingExtraordinary General Meeting
24 Apr 2025BoardOthers
11 Feb 2025BoardQuarterly Results & Others
5 Jul 2024MeetingAnnual General Meeting

About Devyani International

Restaurants

Devyani International Limited is an India-based company, which is primarily engaged in the business of developing, managing and operating quick-service restaurants, food courts and others for brands, such as Pizza Hut, KFC, Costa Coffee, Vaango, Biryani By Kilo, Goila Butter Chicken, and The Bhojan. The Company operates through the Food and Beverages segment. Its geographical segments include Within India and Outside India. The Company holds the franchisees of Yum Brands in India, managing the KFC and Pizza Hut brands across India, and also has the franchisees of Nigeria (KFC) and Thailand (KFC). The Company operates approximately 696 KFC stores and 630 Pizza Hut stores across India. In addition, the Company is also a franchise of the Costa Coffee, New York Fries, Sanook Kitchen, and Tea Live brands in India. The Company's subsidiaries include Devyani Food Street Private Limited, Devyani International Nepal Private Limited, and Sky Gate Hospitality Private Limited, among others.

Key people

Manish DawarPresident, Chief Executive Officer, Whole-Time Director
Anupam KumarChief Financial Officer
Kamaljit Singh BediChief Executive Officer - Costa Coffee and Airport Business
Rohan KichluChief Executive Officer - Sanook and Tealive
Gaurav BhatnagarExecutive Vice President, Chief Operating Officer, India
Pankaj VirmaniChief Sustainability Officer, Compliance Officer, Company Secretary

Company facts

NSE symbolDEVYANI
BSE code543330
ISININE872J01023
IndustryRestaurants
IndexNIFTY 500
Market cap₹17,024 Cr
Revenue (FY26)₹5,611 Cr
Net profit (FY26)−₹39 Cr

In the News

Recent headlines about Devyani International — they open on Mint in a new tab.

Is India's fast-food sector seeing a turnaround after West Asia war disruption?
Analysts see a gradual strengthening of demand, bolstered by consumer spending on dining despite external pressures like LPG price hikes.
14 Aug 2026 · 5 min read · Mint ↗
Top Gainers & Losers on 11 August: Triveni Turbine, Crisil, Castrol India, Vedanta, Jindal Steel among top losers
On August 11, the Indian stock market faced pressure with the Nifty 50 down 0.54% and Sensex declining 0.50%. Crude oil price rises and geopolitical tensions impacted sentiment, despite gains in pharma and technology stocks as mutual fund inflows weakened by 14.8% in July.
11 Aug 2026 · 2 min read · Mint ↗
Top Gainers & Losers on 7 August: Bajaj Finance, Navin Fluorine, Trent, Tata Capital, Swiggy among top losers
The Indian stock market struggled on August 7, with the Nifty 50 down 0.32% and the Sensex declining 0.59%. Concerns over a potential peace deal in the Middle East and financial sector weaknesses led to mixed performance among broader markets and sector indices.
7 Aug 2026 · 2 min read · Mint ↗
Raja Venkatraman recommends three stocks for 6 August
Market expert Raja Venkatraman shares his top stock picks for 5 August. Here’s his technical outlook and trade strategy.
6 Aug 2026 · 5 min read · Mint ↗
Bodhi Tree in advanced talks to buy stake in Adyar Ananda Bhavan at ₹3,000-3,500 crore valuation
The development comes amid rising investor interest in India's restaurant and QSR space, with the rise of online food delivery and branded dine-in formats accelerating this shift.
16 Jul 2026 · 3 min read · Mint ↗
Global PE firm Invus nears ₹500 crore minority stake in restaurant operator Popo Ventures
Invus Group is close to investing ₹500 crore in Bengaluru-based restaurant operator Popo Ventures, underscoring rising private equity interest in India's fast-growing dining sector.
10 Jul 2026 · 3 min read · Mint ↗
QSR chains brace for slower growth, margin pressure after weak FY26 demand
QSR chains are shifting focus from rapid expansion to profitability, emphasizing value meals and cost management in response to changing consumer spending habits.
21 May 2026 · 5 min read · Mint ↗
Bengaluru-based Truffles explores options to raise capital, appoints banker
Bengaluru-based Truffles Hospitality has tapped Spark Capital to scout private equity investors, with a potential ₹800 crore valuation and stake sale on the table.
12 May 2026 · 2 min read · Mint ↗

Stock data comes from the exchange feed via our data provider and may be delayed. It is for information only and is not a recommendation to buy or sell. See all stocks →

Frequently Asked Questions

Devyani International (NSE: DEVYANI) last traded at ₹136.55 on the NSE, down 1.89% (₹2.63) on the day, as of 24 Sep 2026, 9:26 AM. On the BSE it was ₹137.55. The day's range was ₹135.85 – ₹139.25.

Devyani International's 52-week high is ₹183.00 (24 Sep 2025) and its 52-week low is ₹91.57 (2 Apr 2026). At ₹136.55 the share is 25.4% below its high and 49.1% above its low.

Devyani International's market capitalisation is ₹17,024 Cr (₹17,024 Cr). It is part of the NIFTY 500 index.

Devyani International shares are down 19.99% over the last year, down 5.30% so far this year, up 37.36% over 6 months, up 21.49% over 3 months. Over the last year the stock did 12.21% worse than the market.

In FY26 (year to Mar 2026), Devyani International reported revenue of ₹5,611 Cr (up 13.34% on the year before) and a net loss of ₹39 Cr. Earnings per share were −₹0.31.

There is no dividend on record for Devyani International in the data shown on this page.

Of 23 analysts covering Devyani International, 15 are bullish (7 strong buy, 8 buy), 4 say hold and 4 are bearish. The consensus is Buy (average rating 2.26 on a scale where 1 is Strong Buy and 5 is Strong Sell). Analyst views are opinions, not a guarantee.

As of Jun 2026: Promoter 61.36%, FII 6.81%, MF 15.26%, Other 16.57%.

Devyani International's listed peers in Restaurants include Jubilant FoodWorks, Travel Food Services, Westlife Foodworld, Sapphire Foods India, Restaurant Brands Asia. By market capitalisation it ranks #2 of 6 in this group.

No. Devyani International has debt — its debt-to-equity ratio is 2.49 and total debt was ₹3,833 Cr in FY26. Its operating profit covers interest 0.82 times.