Devyani International Q2 FY27: PAT ₹171 Cr & Rev ₹15,805 Cr

1 Financial Results 🔴 High Importance ✨ Positive 📄 PDF

Investor Takeaways

Revenue grew 16.5% YoY to ₹15,805 Cr in Q1 FY27, reaching the highest quarterly revenue in recent history

PAT of ₹171 Cr in Q1 FY27 is the highest in eight quarters, driven by margin expansion and strong same-store sales

Operating EBITDA rose 38% YoY to ₹1,511 Cr with margin expanding to 9.6%, indicating improved operational efficiency

⚠️ No specific risks identified in this filing

Overall Tone: Positive based on the numbers only.

Key Financial Highlights

Metric	Value	YoY Change
Revenue	₹15,805 Cr	16.5%
Net Profit	₹171 Cr	Highest in 8 quarters
EBITDA	₹1,511 Cr	38%
OPM	9.6%	Margin expansion

What Changed

The company demonstrated significant improvement in profitability and operational performance in Q1 FY27. Revenue increased by 16.5% YoY to ₹15,805 Cr, while PAT reached ₹171 Cr, the highest in the last eight quarters. This growth was supported by margin expansion and strong same-store sales across key brands including KFC, Costa, and Vaango. Operating EBITDA grew by 38% YoY to ₹1,511 Cr, with the margin expanding to 9.6%, reflecting better cost management and operational efficiency. The company also highlighted that store expansion targets are on track for FY27, and the merger with Sapphire Foods is expected to be completed by the end of FY27. These developments suggest a sustainable upward trend in financial performance and strategic execution.

Peer Comparison

Company	P/E	ROE	ROCE	Market Cap (₹ Cr)
Devyani International	-369	N/A	N/A	14,558.55
Avenue Supermarts Limited (DMART)	104.25	N/A	N/A	2,84,258.63
ETERNAL LIMITED (ETERNAL)	317.34	N/A	N/A	2,32,747.16
Trent Limited (TRENT)	75.43	N/A	N/A	1,45,796.38

Devyani International's negative P/E ratio contrasts with peers' positive valuations, indicating market skepticism about current profitability despite recent improvements.

Risks & Concerns

No specific risks identified in this filing.

Quarterly Trend

Quarter	Revenue (₹ Cr)	Net Profit (₹ Cr)	OPM%
Q3FY25	1,294.4	-7.65	16.48
Q2FY25	1,222.16	-4.92	16.01
Q1FY25	1,221.9	22.43	17.66
Q4FY24	1,047.08	-48.95	16.46

The Q1 FY27 results represent a marked improvement over previous quarters, particularly in profitability, with PAT turning positive after multiple quarters of losses. Revenue growth has been consistent, and margin expansion is evident in both EBITDA and OPM trends. The company's ability to generate profit in Q1 FY27, after a period of losses, underscores the positive momentum in its operations.

2 Financial Results 🔴 High Importance Neutral 📄 PDF

📢 Key Event
Conference call scheduled for Q1 FY27 results discussion

💡 Investor Takeaway
The call provides direct insight into the company's latest quarterly performance and management commentary.

Devyani International announced an investor and analyst conference call on July 29, 2026, to discuss Q1 FY27 unaudited financial results, with the audio recording made publicly available via their website.

3 Financial Results 🔴 High Importance ✨ Positive 📄 PDF

📢 Key Event
Devyani International presented unaudited Q1 FY27 financial results and business highlights.

🔄 What Changed
Operating EBITDA rose to ₹255 crores (+38% YoY) and net profit reached ₹22.9 crores, reflecting improved profitability and margin expansion.

🔮 What's Next
Completion of the Sapphire Foods merger is targeted by the end of FY27, with regulatory approvals already secured from NSE and BSE.

💡 Investor Takeaway
The company delivered strong revenue growth and record profitability, signaling sustainable margin improvement and operational momentum.

Devyani International reported consolidated revenue of ₹15,805 crores in Q1 FY27, up 16.5% YoY, driven by strong same-store sales growth across KFC (+3.3%), Costa Coffee (+10.2%), and other brands. Operating EBITDA reached ₹255 crores at a 16.1% margin, the highest ever, while net profit stood at [amount context mismatch] crores. The company highlighted robust store expansion, margin improvement, and progress on the Sapphire Foods merger, with plans to complete it by FY27 end.

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About Devyani International Limited (DEVYANI)

Consumer Services · Leisure Services · Listed on NSE

Market Cap: ₹14,558.55 Cr P/E: -369.0

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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