Devyani International logo

Devyani International share price

NSE: DEVYANIBSE: 543330Leisure ServicesSmall Cap

Last close ₹117.38down ₹1.97 (1.65%)BSE ₹117.40

Share price at the NSE close on 23 Oct 2026. Previous close ₹119.35.

52-week range of traded prices to 23 Oct 2026
₹91.55Low, 2 Apr 2026₹169.40High, 28 Oct 2025
Market cap
₹14,472 Cr438th largest listed
P/E
Lossover the last 12 months
P/B
9.4
Dividend yield
Nonein the last 12 months
ROE
−2.1%
ROE without one-offs
−0.5%
ROCE
6.6%
Debt to equity
0.72
Volume, NSE
12,65,32446.2% delivered

Share price

Daily closes since Aug 2021, adjusted for splits and bonuses

−29.5%over a year

Results20-session average 11,83,382 shares a day, 43.0% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 29 Jul

Revenue
₹1,581 Crup 10.00%
Net profit
₹17 CrQuarter to Mar 2026: −₹9.84 Cr
Net margin
1.1%

Revenue by year

Peak revenue ₹5,611 Cr, year to Mar 2026

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in 3 of the 5 years shown
₹ croreSep 2024Filed 11 NovDec 2024Filed 11 FebMar 2025Filed 12 JunJun 2025Filed 13 AugSep 2025Filed 6 NovDec 2025Filed 4 FebMar 2026Filed 15 MayJun 2026Filed 29 Jul
Revenue1,2221,2941,2131,3571,3771,4411,4371,581
Net profit−5−8−172−24−11−1017
Net margin−0.4%−0.6%−1.4%0.2%−1.7%−0.8%–1.1%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share. Net margin is left blank for Mar 2026: the profit includes the result of a business the company has discontinued, which the revenue does not, so the two make no margin.

Business segments

In the year to Mar 2026 the company reports one business segment, Food and Beverages, which carries all its revenue.

Valuation

Today, against the company's own history. Not shown, P/E: loss, last twelve months. Dividend yield is not shown: no dividend in the years on record.PE ratio and valuation history

Price to book

At or below today's level on 8% of 1,233 trading days since Nov 2021.

LowestHighest
Its median20.1Industry median6.1
EV to EBITDA17.1

At or below today's level on 2% of 1,106 trading days since May 2022.

LowestHighest
Its median30.2Industry median11.8

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−36.6%––0.0%
3 years−13.2%––0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1 year is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters61.36%
  • Foreign institutions6.12%
  • Indian institutions20.88%
  • Individuals and others11.64%
Holder
RJ CORP LIMITEDPromoter57.98%
VARUN JAIPURIAPromoter3.21%
DUNEARN INVESTMENTS (MAURITIUS) PTE LTDForeign companies2.87%
BAJAJ LIFE INSURANCE LIMITEDInsurance companies1.48%
ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITEDInsurance companies1.01%
RAVI KANT JAIPURIAPromoter0.17%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

90 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 49 of the 57 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.Mutual fund holdings

Added
19
Cut
38
Held unchanged
33
Sold out
3
Fund
Nippon India Mutual Fund logoNippon India Multi Cap FundNippon India Mutual Fund3,62,57,0370.88%₹472.4 Cr
Kotak Mahindra Mutual Fund logoKotak-Small Cap FundKotak Mahindra Mutual Fund1,87,87,2821.28%₹244.8 Cr
Nippon India Mutual Fund logoNippon India Growth Mid Cap FundNippon India Mutual Fund1,77,00,0000.46%₹230.6 Cr
Nippon India Mutual Fund logoNippon India Large Cap FundNippon India Mutual Fund1,55,96,1250.40%₹203.2 Cr
HSBC Mutual Fund logoHSBC Small Cap FundHSBC Mutual Fund1,36,33,8110.96%₹177.6 Cr
HDFC Mutual Fund logoHDFC Multi Cap FundHDFC Mutual Fund1,13,42,8410.76%₹147.8 Cr
Axis Mutual Fund logoAxis Small Cap FundAxis Mutual Fund1,13,11,7410.48%₹147.4 Cr
Nippon India Mutual Fund logoNippon India Multi Asset Allocation FundNippon India Mutual Fund90,21,3860.65%₹117.5 Cr
Sundaram Mutual Fund logoSundaram Mid Cap FundSundaram Mutual Fund85,00,0000.80%₹110.7 Cr
Nippon India Mutual Fund logoNippon India Flexi Cap FundNippon India Mutual Fund65,26,0120.92%₹85.0 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Restaurants, 16 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Devyani International in market cap.

Devyani International is not on the chart: it has no P/E today

Return on equity across, P/E up, size is market cap
Company
Jubilant Foodworks logoJubilant FoodworksJUBLFOOD26,65860.211.614.5+16.3%+79.4%20.1%22.8%0.30%
Travel Food Services logoTravel Food ServicesTRAVELFOOD15,24932.010.622.9––33.0%34.6%0.89%
Westlife Foodworld logoWestlife FoodworldWESTLIFE8,8564,559.814.524.7+9.9%−94.8%0.3%14.3%0.07%
Restaurant Brands Asia logoRestaurant Brands AsiaRBA6,285–––+13.3%–−21.3%−4.6%0.00%
Sapphire Foods India logoSapphire Foods IndiaSAPPHIRE6,283–4.511.8+13.3%–−0.3%8.8%0.00%
United Foodbrands logoUnited FoodbrandsUFBL2,364–7.611.4+19.9%–−11.8%5.7%0.00%
Spice Lounge Food Works logoSpice Lounge Food WorksSPICELOUNG1,56599.812.793.5––13.5%7.3%0.00%
Speciality Restaurants logoSpeciality RestaurantsSPECIALITY63827.11.86.9+12.0%+19.2%7.0%8.8%0.76%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Latest announcements

Routine notices left out.Share news and announcements

Devyani International share price by year

Each calendar year to 2025.Devyani International share price history

YearClose at year endChangeHighest closeLowest close
2025147.95−18.9%197.75126.11
2024182.45−5.8%221.58147.85
2023193.75+7.2%224.70137.95
2022180.75+9.5%212.00142.85
2021165.05–191.10112.10
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2021 is from its first session, 16 Aug 2021.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026118.62121.26113.55117.38116.2212,65,32446.2%
22 Oct 2026115.00122.21113.29119.35117.5510,22,77742.7%
21 Oct 2026118.49118.95115.03116.18116.746,41,65642.4%
19 Oct 2026121.83122.10117.80118.32119.345,69,77844.0%
16 Oct 2026121.61122.50120.47121.93121.785,11,35239.5%
15 Oct 2026122.74124.36121.30121.57122.474,85,96530.3%
14 Oct 2026122.19123.79121.11122.74122.675,06,82644.8%
13 Oct 2026123.43124.60120.73122.08121.9112,83,00255.8%
12 Oct 2026124.20125.49121.85123.63123.558,79,72558.2%
9 Oct 2026124.17126.35121.20123.59123.4222,54,13443.7%
Prices in ₹ per share as traded, not adjusted.

About Devyani International

Devyani International Limited operates quick service restaurants. It is a franchisee of Yum! Brands in India and Nepal, running KFC and Pizza Hut, and the sole franchisee in India for the international brands Costa Coffee, New York Fries and Sanook Kitchen. It has a network of over 2,200 stores across more than 350 cities in India, Thailand, Nigeria and Nepal.

The business is organised into an India business and an International business. Alongside the franchised brands, the company owns Indian brands. Vaango is a South Indian vegetarian cuisine concept, and The Food Street is a food court format that brings multiple brands together under one roof. Through its acquisition of Sky Gate Hospitality, it also owns Biryani By Kilo and Goila Butter Chicken. Outside India, it has stores in Thailand and Nepal, and KFC Nigeria operates across major cities such as Lagos, Abuja and Port Harcourt. The company holds the Nepal and Nigeria operations through the subsidiaries Devyani International (Nepal) Private Limited and Devyani International (Nigeria) Limited.

It was incorporated in 1991, and its registered office is in Gurugram, Haryana. On 10 June 2025 it acquired about 80.72% of Sky Gate Hospitality Private Limited, which became a wholly owned subsidiary from 7 March 2026. In January 2026 the company announced a proposed merger with Sapphire Foods India Limited.

The company is part of the RJ Corp group, and RJ Corp Limited is its holding company. Its promoters are Ravi Jaipuria, the non-executive chairman, and Varun Jaipuria, a non-executive director. A promoter is the person or group that set up a company or controls it.

Legal name
Devyani International Limited
NSE symbol
DEVYANI
BSE code
543330
ISIN
INE872J01023
Industry
Leisure Services
Listed
Aug 2021
Face value
₹1
CIN
L15135HR1991PLC143853
Corporate identity number, the registrar of companies' code for it