| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 1,581 | 1,357 | +16.5% |
| EBITDA | 254 | 206 | +23.4% |
| EBITDA margin | 16.1% | 15.2% | +0.9 pts |
| Profit before tax | 22.9 | 3.1 | +642.7% |
| Net profit | 17.1 | 2.2 | +667.7% |
| EPS | ₹0.12 | ₹0.03 | +300.0% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 14,974 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 491 | 491 | 181 | 168 | 62.6 | ||
| 343 | 343 | 308 | 293 | −6.2 | ||
| 1,360 | 1,360 | 932 | 910 | 77.4 | ||
| 16,187 | — | — | — | — | ||
| 5,835 | 5,611 | 4,951 | 3,556 | 2,998 | ||
| — | +13.3% | +39.2% | +18.6% | — | ||
| 898 | 850 | 811 | 646 | 655 | ||
| 15.4% | 15.1% | 16.4% | 18.2% | 21.9% | ||
| 213 | 196 | 241 | 262 | 377 | ||
| −27.7 | −42.5 | −6.9 | −9.7 | 263 | ||
| −0.5% | −0.8% | −0.1% | −0.3% | 8.8% | ||
| −₹0.22 | −₹0.31 | ₹0.07 | ₹0.38 | ₹2.15 | ||
| — | −522.2% | −80.6% | −82.2% | — | ||
| — | 919 | 900 | 592 | 637 | ||
| — | −459 | −491 | −478 | −437 | ||
| 460 | 460 | 409 | 114 | 200 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 14,974.1 | |
| - Cash, Equiv & ST Investments | 62.6 | 167.6 | 181.4 | 491.3 | 491.3 | |
| + Minority Interest | -6.2 | 292.8 | 307.9 | 343.4 | 343.4 | |
| + Total Debt | 77.4 | 910.2 | 931.8 | 1,360.4 | 1,360.4 | |
| Enterprise Value | — | — | — | — | 16,186.6 | |
| Revenue | 2,997.7 | 3,556.3 | 4,951.1 | 5,611.5 | 5,835.0 | |
| Growth %, YoY | — | +18.6 | +39.2 | +13.3 | — | |
| EBITDA | 655.1 | 646.5 | 810.8 | 849.7 | 897.9 | |
| Margin % | 21.85 | 18.18 | 16.38 | 15.14 | 15.39 | |
| EBIT | 376.9 | 261.7 | 241.0 | 195.8 | 213.2 | |
| Net Income | 262.5 | -9.7 | -6.9 | -42.5 | -27.7 | |
| Margin % | 8.76 | -0.27 | -0.14 | -0.76 | -0.47 | |
| EPS, Adj (current shares) | 2.15 | 0.38 | 0.07 | -0.31 | -0.22 | |
| Growth %, YoY | — | -82.2 | -80.6 | -522.2 | — | |
| Cash from Operations | 637.0 | 592.5 | 900.2 | 919.2 | — | |
| Capital Expenditures | -437.3 | -478.5 | -491.0 | -459.0 | — | |
| Free Cash Flow | 199.7 | 114.0 | 409.3 | 460.2 | 460.2 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Devyani International (NSE: DEVYANI) had a market capitalisation of ₹14,989 crore at the 29 October 2026 close (₹121.57 a share) and a price-to-book ratio of 9.72. In FY26 its consolidated net loss was ₹38.6 crore on revenue of ₹5,611 crore; in Q1 FY27 (April–June 2026) it was ₹14.6 crore, up 297.2% year on year. Its debt-to-equity ratio was 0.72 on 31 March 2026. Promoters held 61.36% of the shares on 30 September 2026.
Devyani International's PE ratio is not meaningful at the 29 October 2026 close: its consolidated net profit attributable to shareholders over the last four quarters (Q2 FY26 to Q1 FY27) was a loss of ₹27.7 crore, and a price-to-earnings ratio needs positive earnings. Its market capitalisation was ₹14,989 crore at ₹121.57 a share.
Devyani International's price-to-book (PB) ratio is 9.72 at the 29 October 2026 close: a market capitalisation of ₹14,989 crore divided by shareholders' equity (book value) of ₹1,542 crore on 31 March 2026. That is a book value of ₹12.51 per share against a share price of ₹121.57.
In FY26, Devyani International's return on equity (ROE) was −2.9% and its return on capital employed (ROCE) was 4.2%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 0.9% and ROCE 5.8%.
Devyani International's market capitalisation was ₹14,989 crore at the 29 October 2026 close: 123.29 crore shares at ₹121.57 each.
No. Devyani International had borrowings of ₹1,360 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.72. Its cash and current investments were ₹495 crore, so its net debt was ₹866 crore.
Devyani International's basic earnings per share (EPS) were −₹0.31 in FY26. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to −₹0.22.
Devyani International's debt-to-equity ratio was 0.72 on 31 March 2026: borrowings of ₹1,360 crore against total equity of ₹1,885 crore. A year earlier, on 31 March 2025, it was 0.66.
Promoters held 61.36% of Devyani International on 30 September 2026, unchanged from the previous quarter and down 0.06 percentage points from 61.42% a year earlier, according to the shareholding pattern filed with NSE.
In FY26 (April 2025–March 2026), Devyani International's consolidated net loss was ₹38.6 crore, against a profit of ₹9.1 crore in FY25, on revenue from operations of ₹5,611 crore (up 13.3%).
Devyani International's net worth — shareholders' equity in its consolidated balance sheet — was ₹1,542 crore on 31 March 2026, up 40.9% from ₹1,094 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹14,989 crore at the 29 October 2026 close.
Devyani International's book value per share was ₹12.51 on 31 March 2026: shareholders' equity of ₹1,542 crore divided by the 123.29 crore shares in issue, up 37.8% from ₹9.07 a year earlier. The share price at the 29 October 2026 close was ₹121.57.
In FY26, Devyani International generated ₹919 crore of cash from operations and spent ₹459 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹460 crore. In FY25 it was ₹409 crore.
On 30 September 2026, Devyani International's shares were held by promoters 61.36%, foreign portfolio investors (FII/FPI) 6.12%, domestic institutions (DII) 20.88% (including mutual funds at 17.04%) and retail and other non-institutional investors 11.64%. Over the year, FII holding was down 0.43 percentage points from 6.55% and DII holding was up 1.12 percentage points from 19.76%.
Devyani International's latest results are for Q1 FY27 (April–June 2026), filed on 29 July 2026: consolidated net profit attributable to shareholders ₹14.6 crore, up 297.2% from ₹3.7 crore in Q1 FY26; revenue from operations ₹1,581 crore, up 16.5% year on year.
In FY26, Devyani International earned net profit attributable to shareholders of ₹38.6 crore on revenue of ₹5,611 crore, against ₹32 crore on ₹3,125 crore for Sapphire Foods India. Devyani International's operating margin was 3.5% (Sapphire Foods India 2.6%) and its return on equity −2.9% (Sapphire Foods India −2.3%). At the 29 October 2026 close, Devyani International's market capitalisation was ₹14,989 crore against ₹6,461 crore for Sapphire Foods India.
Devyani International will announce its Q2 FY27 results (July–September 2026) on Monday, 2 November 2026, the date of the board meeting it has notified to the exchanges.
On FY26 consolidated figures, against Sapphire Foods India, Jubilant Foodworks and Westlife Foodworld: Devyani International's operating margin of 3.5% is the third highest of the four (Sapphire Foods India 2.6%, Jubilant Foodworks 9.8%, Westlife Foodworld 4.2%; peer average 5.5%); its return on equity of −2.9% is the lowest of the four (Sapphire Foods India −2.3%, Jubilant Foodworks 19.5%, Westlife Foodworld 5.3%; peer average 7.5%); its revenue growth over three years of 23.2% a year is the highest of the four (Sapphire Foods India 11.3% a year, Jubilant Foodworks 22.6% a year, Westlife Foodworld 4.5% a year; peer average 12.8% a year).
From Devyani International's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.