Devyani International Limited has informed the Exchange regarding a press release dated May 15, 2026, titled "Press Release".
DEVYANI · price
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Devyani International reported Q4 FY2026 revenues of Rs. 14,369 million, up 18.5% year-on-year. Full-year revenues reached Rs. 56,115 million, crossing the Rs. 5,500 crore milestone. KFC India led growth with Rs. 5,855 million revenue and 4.9% same-store sales growth — its strongest performance in 14 quarters. Pizza Hut India underperformed with a 3.5% revenue decline. International business grew 20% to Rs. 5,033 million. The company also announced a proposed merger with Sapphire Foods and a new CEO appointment under Manish Dawar. Q4 EBITDA stood at Rs. 2,295 million with a 16% margin.
Strong Q4 and full-year results demonstrate resilient growth despite a challenging operating environment. The proposed merger with Sapphire Foods could create a larger, more competitive QSR platform, potentially positive for long-term shareholders. Pizza Hut's decline remains a concern and warrants monitoring.