Investor Presentation
Awaiting price reaction for this filing.
Devyani International (DIL), operator of KFC, Pizza Hut, and Costa Coffee in India, reported FY25 consolidated revenue of Rs 4,951 crore, up 39.2% year-on-year, and EBITDA of Rs 842 crore, up 29.1%. However, EBITDA margin slipped to 17.0% from 18.3% in FY24, and the company posted a small loss after tax of Rs 69 million. The company added 257 net new stores in FY25, taking total presence to 2,039 stores across India, Thailand, Nepal, and Nigeria. Q4 FY25 revenue grew 15.8% to Rs 1,212 crore with flat EBITDA margins at 16.6%, and KFC India's average daily sales declined to Rs 94,000 from Rs 1,05,000 a year ago.
Shareholders should note that while top-line growth remains strong, profitability is under pressure with margins contracting and the company posting a net loss for the year. The Sky Gate acquisition and new brand tie-ups signal expansion ambitions but will involve integration costs and modest equity dilution of about 1.93%. Near-term stock sentiment may remain cautious until same-store sales at KFC and Pizza Hut recover.