Stock DEVYANI DEVYANI INTERNATIONAL LIMITED
Add to a list
To use this feature you must be a member
Log inSign up

Financials Devyani International Limited Bombay S.E.

Equities

DEVYANI

INE872J01023

Restaurants & Bars

Market Closed - Bombay S.E.
Other stock markets
 06:00:51 2024-07-16 EDT 		5-day change 1st Jan Change
174.5 INR +2.50% Intraday chart for Devyani International Limited +4.84% -9.80%
05-15 Jefferies Adjusts Devyani International’s Price Target to INR155 From INR180, Keeps at Hold MT
05-15 Devyani, PVR Inox Set Up Joint Venture to Develop Food Courts in Malls MT

Valuation

Fiscal Period: March 2022 2023 2024 2025 2026 2027
Capitalization 1 210,874 174,298 181,421 210,333 - -
Enterprise Value (EV) 1 223,059 189,094 181,421 234,108 232,581 225,820
P/E ratio 133 x 66.1 x 386 x 139 x 86.1 x 64 x
Yield - - - - - -
Capitalization / Revenue 10.1 x 5.81 x 5.1 x 4.11 x 3.51 x 2.96 x
EV / Revenue 10.7 x 6.31 x 5.1 x 4.58 x 3.89 x 3.18 x
EV / EBITDA 46.9 x 28.9 x 27.8 x 25.8 x 20.6 x 16.9 x
EV / FCF 142 x 88.8 x - 63.6 x 50.3 x 35.3 x
FCF Yield 0.71% 1.13% - 1.57% 1.99% 2.83%
Price to Book 30.8 x 18 x - 16.4 x 13.8 x 10.5 x
Nbr of stocks (in thousands) 1,203,274 1,204,961 1,205,859 1,206,244 - -
Reference price 2 175.2 144.6 150.4 174.4 174.4 174.4
Announcement Date 5/2/22 5/17/23 5/14/24 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027
Net sales 1 - 20,840 29,977 35,563 51,145 59,858 71,014
EBITDA 1 - 4,760 6,551 6,524 9,068 11,286 13,347
EBIT 1 - 2,511 3,769 2,617 4,090 5,616 6,838
Operating Margin - 12.05% 12.57% 7.36% 8% 9.38% 9.63%
Earnings before Tax (EBT) 1 - 1,231 2,419 36.76 2,473 3,167 4,519
Net income 1 -552.1 1,563 2,650 472.6 1,468 2,391 3,228
Net margin - 7.5% 8.84% 1.33% 2.87% 3.99% 4.54%
EPS 2 - 1.320 2.190 0.3900 1.257 2.025 2.727
Free Cash Flow 1 - 1,576 2,130 - 3,684 4,621 6,393
FCF margin - 7.56% 7.1% - 7.2% 7.72% 9%
FCF Conversion (EBITDA) - 33.11% 32.51% - 40.62% 40.94% 47.9%
FCF Conversion (Net income) - 100.82% 80.37% - 250.91% 193.26% 198.08%
Dividend per Share 2 - - - - - - -
Announcement Date 5/14/21 5/2/22 5/17/23 5/14/24 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4
Net sales 1 6,244 5,907 7,047 7,474 7,906 7,550 8,466 8,195 8,431 10,471 11,897 12,515 13,264 12,452
EBITDA 1 1,478 1,433 1,647 1,664 1,739 1,513 1,734 1,544 1,463 1,739 2,021 2,093 2,402 2,633
EBIT 1 - - 1,010 1,003 1,033 722.5 938.4 680.9 533.1 464.3 1,020 1,108 1,613 951.6
Operating Margin - - 14.33% 13.43% 13.07% 9.57% 11.08% 8.31% 6.32% 4.43% 8.57% 8.86% 12.16% 7.64%
Earnings before Tax (EBT) 1 - - 771.4 587.6 647.9 412.3 129.6 190.2 96.84 -379.9 338 - - -
Net income 1 631.2 763.9 738.5 587.6 716.7 607.2 117.6 333.5 96.18 -74.65 253 - - -
Net margin 10.11% 12.93% 10.48% 7.86% 9.06% 8.04% 1.39% 4.07% 1.14% -0.71% 2.13% - - -
EPS 2 - - 0.6100 0.4900 0.5900 0.5000 0.1000 0.2800 - -0.0600 0.2000 - - -
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 2/4/22 5/2/22 8/3/22 11/3/22 2/9/23 5/17/23 8/4/23 11/7/23 2/2/24 5/14/24 - - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 - 12,186 14,797 - 23,775 22,249 15,487
Net Cash position 1 - - - - - - -
Leverage (Debt/EBITDA) - 2.56 x 2.259 x - 2.622 x 1.971 x 1.16 x
Free Cash Flow 1 - 1,576 2,130 - 3,684 4,621 6,393
ROE (net income / shareholders' equity) - 43.4% 32% - 12.1% 17.4% 19.3%
ROA (Net income/ Total Assets) - 8.82% 10.1% - 7% 8.77% 7.11%
Assets 1 - 17,716 26,255 - 20,989 27,272 45,366
Book Value Per Share 2 - 5.700 8.020 - 10.60 12.60 16.60
Cash Flow per Share 2 - 3.740 5.260 - 4.000 7.500 10.80
Capex 1 - 2,930 4,240 - 5,284 4,898 5,570
Capex / Sales - 14.06% 14.14% - 10.33% 8.18% 7.84%
Announcement Date 5/14/21 5/2/22 5/17/23 5/14/24 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Devyani International Limited

Trading Rating
Investor Rating
ESG Refinitiv
D
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
21
Last Close Price
174.4 INR
Average target price
177.7 INR
Spread / Average Target
+1.89%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Quick Service Restaurants

1st Jan change Capi.
MCDONALD'S CORPORATION Stock McDonald's Corporation
-12.01% 185B
CHIPOTLE MEXICAN GRILL, INC. Stock Chipotle Mexican Grill, Inc.
+21.34% 79.3B
YUM! BRANDS, INC. Stock Yum! Brands, Inc.
-0.76% 36.31B
RESTAURANT BRANDS INTERNATIONAL INC. Stock Restaurant Brands International Inc.
-4.01% 23.65B
RESTAURANT BRANDS INTERNATIONAL LIMITED PARTNERSHIP Stock Restaurant Brands International Limited Partnership
-3.56% 23.05B
DOMINO'S PIZZA INC. Stock Domino's Pizza Inc.
+16.03% 17.06B
YUM CHINA HOLDINGS, INC. Stock Yum China Holdings, Inc.
-26.43% 12.14B
WINGSTOP INC. Stock Wingstop Inc.
+43.28% 11.36B
AMERICANA RESTAURANTS INTERNATIONAL PLC Stock Americana Restaurants International PLC
-1.60% 7.15B
Quick Service Restaurants
  1. Stock Market
  2. Equities
  3. DEVYANI Stock
  4. DEVYANI Stock
  5. Financials Devyani International Limited