Citi maintained a ‘buy’ rating on the stock and raised its target price.

Devyani International Shares See Profit Booking After Q1 Profit

For the June quarter, the company reported revenue from operations of Rs 1,222 crore, a 44% increase year-on-year, driven by improved ADS and store additions. In the corresponding quarter of the previous year, revenue was Rs 847 crore. Consolidated EBITDA for the quarter was Rs 220 crore, with margins at 18.3%, reflecting a 1.7% improvement compared to the previous quarter.

Devyani International Q1 Results: Company reports net profit of Rs 22 crore versus loss YoY; revenue jumps 44%

Devyani International has reported a consolidated net profit of Rs 22.4 crore in Q1 FY25 as against a net loss of Rs 1.6 crore in Q1 FY24.

Devyani Intl records PAT of over Rs 22 crore in Q1; total store count rises to 1,836 outlets

Devyani International consolidated net profit rises 156.04% in the June 2024 quarter

Devyani International stock shows potential for a sustainable rally, with a target price of ₹200 and strategic stop-loss levels.

Stock to buy today: Devyani International (₹174.5)

British coffee chain Costa Coffee reported a 49 per cent growth in revenue from operations to Rs 151.8 crore in India, Devyani International Ltd said in the annual report.

Costa Coffee posts 49% rise in revenue to Rs 152 cr in FY24, adds 67 stores

Declining brand contribution in Pizza Hut remains a concern

Devyani International Q4 Results Review - Discouraging Margin Performance: Dolat Capital

Here are all the top calls from the brokerages that you need to know about on Wednesday.

Brokerage Views: Nuvama On Devyani International, Citi On JK Cement And More

The brokerage has a ‘buy’ rating on United Breweries Ltd., Devyani International Ltd., and Sapphire Foods India Ltd. and a ‘neutral’ call to Tata Consumer Ltd. and Varun Beverages Ltd.

KFC To Kingfisher: UBS Initiates Coverage On Five F&B Consumption Stocks

Shares of Devyani International Ltd, the largest domestic franchisee for Yum Brands (KFC & Pizza Hut), gained 6% in early trade

Devyani International Up 6% Amid Reports Of Block Deal; Yum Restaurants Likely Seller - News18

Yum Restaurants India is offering to sell 5.3 crore shares at Rs 153.50 apiece in the secondary market.

Yum Restaurants To Exit Devyani International For Rs 814.8 Crore

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

The company operates quick service restaurants (QSR) chains. The Company is the franchisee of Yum Brands, KFC, Pizza Hut, TWG Tea and Costa Coffee. The Company is engaged in providing services under its brand name Vaango.