Devyani International IPO

The brokerage noted that the QSR sector has been an underperformer in the last four years and the aggregate market cap of listed QSR companies has declined by 20 per cent during FY22-26.

Devyani International Ltd, one of the leading QSR operators, on Wednesday reported a multifold jump in net profit at Rs 17.1 crore for June quarter FY27. It had reported a net profit of Rs 2.22 crore for April-June FY26, according to a regulatory filing. DIL is the largest franchisee for Yum Brands' QSR chains - KFC and Pizza Hut in India. In addition, DIL is the sole franchisee for Costa Coffee, Tea Live, New York Fries and Sanook Kitchen in India. It also owns the South Indian vegetarian food QSR chain Vaango. Revenue from operations was up 16.47 per cent to Rs 1,580.51 crore in the June quarter of FY27. Total expenses were up 15.31 per cent in the June quarter to Rs 1,576.85 crore. Total income, which includes other income, was at Rs 15,997 crore, up 16.72 per cent in the quarter. Earlier this year, Sapphire Foods India and DIL, the two leading franchise operators of KFC and Pizza Hut announced a merger, through a share swap, which will create one of the largest chains in Indi

British coffee chain brand Costa Coffee's store count in India shrunk to 198 outlets in FY26 from 220 a year ago, marking a first decline in over five years in a key market for the company, according to the latest annual report of its exclusive franchise partner Devyani International Ltd (DIL). Costa Coffee is owned by global beverage major The Coca-Cola Company. However, Costa Coffee's revenue was up 7 per cent year-on-year to Rs 212.5 crore in FY26. In FY25, sales/revenue from operations increased 30.76 per cent to Rs 198.5 crore, driven by store expansion, with the network growing to 220 outlets from 179. FY26 revenue saw growth despite the store count falling, underlining the shift from network-led growth to higher revenue per outlet. The net reduction of 22 cafes marks a break from Costa Coffee's expansion run since FY21, when it operated just 44 outlets in the country. The store count had risen every year since then -- to 55 in FY22, 112 in FY23, 179 in FY24 and 220 in FY25 -

The operator of KFC ​and Pizza Hut ‌outlets in India reported a consolidated net loss of ‌₹10.04 crore ($1.05 million) ‌compared to a loss ‌of ₹14.74 crore a year ago

Jubilant Food vs Devyani International: This QSR stock can rally up to 33%, says tech analyst

LPG shortage triggered by Strait of Hormuz disruption is forcing QSR kitchens to shut or cut menus. Analysts say earnings may take a hit in Q4FY26 but advise investors not to panic

QSR and food delivery stocks, including Jubilant FoodWorks, Devyani International & Eternal fell as LPG shortage forced restaurants and hotels to shut kitchens across cities like Mumbai and Bengaluru

Devyani International reported a net loss of ₹10.3 crore for the quarter, compared to a loss of ₹0.5 crore in the same period last year

Shares of the company rose nearly 5 per cent on the day

The merged entity will have more than 3,000 stores globally and a turnover of approximately Rs 8,000 crore on an annualised basis

Brokerages remain positive on Devyani International after the Board's approval of Sapphire Foods merger, citing scale benefits, cost synergies and stronger QSR economics

GST 2.0 reforms may boost QSR demand as tax rates fall. Analysts see Jubilant FoodWorks, RBA, Devyani International, and Sapphire Foods gaining the most

The Yum Brands franchisee reported a net profit of ₹3.69 crore ($420,920.55) for the quarter ended June 30, compared with ₹30.106 crore a year earlier

Devyani sees cloud kitchens as new growth avenue, aims to turn Sky Gate profitable within a year and integrate its brands into food courts and kitchen network

(Reuters) -Devyani International, which operates KFC and Pizza Hut restaurants in India, posted a wider loss in the fourth quarter on Friday, as rising costs took a toll.

Quick service restaurant chain operator Devyani International Ltd on Thursday said it will acquire up to 80.72 per cent stake in Sky Gate Hospitality, which operates brands including 'Biryani By Kilo', for Rs 419.6 crore. The acquisition includes three brands of Sky Gate -- Biryani By Kilo, Goila Butter Chicken, and The Bhojan. The company's board in its meeting approved acquisition of up to 80.72 per cent equity stake for Rs 419.6 crore, on fully diluted basis, in Sky Gate Hospitality Pvt Ltd along with its subsidiaries, Devyani International Ltd (DIL) said in a regulatory filing. In addition, the company will also pay contingent consideration as per the terms of the transaction documents, DIL said. DIL operates quick service restaurant chains such as KFC, Pizza Hut, and Costa Coffee through franchise agreements. Sky Gate along with its subsidiaries owns brands Biryani By Kilo, Goila Butter Chicken and The Bhojan. It predominantly operates through a chain of over 100 outlets ...

Devyani International Ltd, which operates quick service restaurant chains such as KFC, Pizza Hut, and Costa Coffee through franchise agreements, has announced its plan to acquire homegrown chain 'Biryani by Kilo'. The Jaipuria family-promoted Devyani International Ltd (DIL) will acquire a majority stake in Sky Gate Hospitality, which operates restaurants under the 'Biryani by Kilo' brand, along with other brands, according to a regulatory filing. Though it has not disclosed the number of shares or the acquisition price, the company stated that its board is scheduled to meet and approve the proposal on April 24. "We wish to inform you that a meeting of the Board of Directors of the Company is scheduled on Thursday, April 24, 2025 inter-alia, to consider and approve the definitive agreements and issuance of equity shares of the company on a preferential basis to discharge the consideration payable for acquisition of controlling equity stake in Sky Gate Hospitality Private Limited, ...

Outlook on Jubilant Foodworks, Westlife Foodworld and other 3 restaurant stocks: Technical charts suggest these 3 can gain up to 26% from here one, while the other 2 could extend the fall.

Shares of Restaurant Brands Asia, Westlife Foodworld, Sapphire Foods India, Jubilant Foodworks and Devyani International can rally up to 15% from present levels, suggest technical charts.

The overall market trend has been negative with over 60% of the Nifty Mid- and Small-Cap stocks now trading below the long-term moving averages; however, these 5 stocks continue to buck the trend.