Devyani International Ltd (NSE:DEVYANI)

Q2 2026 Devyani International Ltd Earnings Call Transcript

Nov 6, 2025 / 09:00 AM GMT

Release Date Price: ₹155.67 (-2.26%)

Transcript

Key Points

Positve

Devyani International Ltd (BOM:543330) reported a 13% year-on-year growth in consolidated revenues, reaching INR 1,377 crores.
The company expanded its store network with 30 new KFC outlets and 3 new Pizza Hut outlets, indicating robust growth in its physical presence.
The integration of Skygate with Devyani International Ltd is on track, with expectations to achieve brand contribution break-even by March 2026.
The company successfully launched new products like the Chennachatpata burger and grilled chicken offerings, receiving positive customer feedback.
International business, particularly in Thailand, demonstrated strong performance with a 14% year-on-year revenue increase and improved margins.

Negative

Brand contribution margin decreased to 11.7% from 13.6% the previous year, impacted by the consolidation of Skygate.
Operating EBITDA margin fell to 6.8% from 8.1% in the previous quarter, affected by startup costs and Skygate's consolidation.
The company faced challenges due to unseasonal rains and overlapping festive periods, impacting sales in certain regions.
The demand environment remains weak, with consumers becoming more value-conscious, affecting overall consumption trends.
Despite efforts to optimize promotions, the company continues to face pressure on margins due to increased delivery and aggregator costs.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

DEVY.NS - Devyani International Ltd
Q2 2026 Devyani International Ltd Earnings Call
Nov 06, 2025 / 09:00AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good day and welcome to the Devyani International's earnings conference call. As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity to ask questions after the presentation concludes.

Should you need assistance during the conference call, please signal an operator by pressing and then 0 on your touchstone phone.

Please note that this conference is being recorded.

I now hand the conference over to Mr. Anu Pujari from CTR India.

Thank you and over to you, sir.

Thank you.

Good afternoon, everyone, and thank you for joining us on Deani International Q2 F 526 earnings conference call.

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