Devyani International trades lower on weak operational performance in Q3
Brokerage firms Motilal Oswal Financial Services and Jefferies have cut their price targets for Devyani International but have retained 'buy' call on the stock10-02-2023
10-02-2023
Devyani International Ltd - 543330 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that the representative(s) of the Company shall participate in events/Conferences, as mentioned in attached intimation.10-02-2023
Devyani International Ltd - 543330 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
This is to inform you that the Share Allotment Committee of the Board of Directors at its meeting held today i.e. February 9, 2023, has allotted 2,25,000 equity shares of face value of Re. 1/- each of the Company, to 8 (eight) eligible employees upon exercise of options vested under Employees Stock Option Scheme, 2018. Consequent to the aforesaid allotment, the paid-up share capital of the Company has increased from 1,20,47,36,378 equity shares of Re. 1 each to 1,20,49,61,378 equity shares of Re. 1 each. In terms of Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 ('SEBI Regulations'), the details of shares allotted as above are given in the 'Annexure' to this intimation. The same is being uploaded on website of the Company at www.dil-rjcorp.com. You are requested to kindly take the same on record09-02-2023
Devyani International Results Earnings Call for Q3FY23
Conference Call with Devyani International Management and Analysts on Q3FY23 Performance and Outlook. Listen to the full earnings transcript.09-02-2023
Devyani International Ltd - 543330 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the link of audio recording of Investors & Analysts Conference Call organized on February 9, 2023, post declaration of Unaudited Financial Results of the Company for the Quarter and Nine Months ended December 31, 2022, is as follows: Link:https://dil-rjcorp.com/wp-content/themes/devyani/assets/images/Q3-FY23-Earnings-Call-Audio.mp3 You are requested to take the above on record.09-02-2023
Q3FY23 Quarterly Result Announced for Devyani International Ltd.
Restaurant firm Devyani International announced Q3FY23 results: Consolidated Q3FY23: Revenue higher by 27% YoY to Rs 7,906 million. EBITDA increases to Rs 1,739 million. PAT stood at Rs 710 million. Brand contribution for Q3 stood at Rs 1,450 million with margins at 18.3%. Consolidated 9MFY23: Revenue higher by 50% YoY to Rs 22,427 million. EBITDA increases to Rs 5,037 million. PAT came in at Rs 2,026 million. EPS for 9MFY23 came in at Rs 1.59. Operating EBITDA (pre-IndAS) also grew to Rs 1,172 million with operating EBITDA margins at 14.8%. Continued the momentum in new store additions – opened 81 net new stores in Q3FY23, taking the total count to 1,177 as of December 31, 2022. Commenting on the performance for Q3 & 9M FY23 Mr. Ravi Jaipuria, Non-Executive Chairman, Devyani International Limited said, “Consolidated quarterly revenues stood at Rs 7,906 million – a growth of nearly 27% over the corresponding period last year. Reported EBITDA, on a Post Ind AS basis, reached Rs 1,739 million, resulting in a reported EBITDA margin of 22%. Innovation remains a strong pillar of our growth strategy across our brand portfolio, and we will continue to delight our customers with many such products in the coming quarters. We remain bullish on our brands and the Indian market. We believe that the current consumer demand slow-down is transient and once inflation stabilizes, we expect consumer spending to improve which will help our businesses. In the meantime we remain focused on refining our processes, maintaining product quality and enhancing our execution capabilities.” Result PDF09-02-2023
Devyani International Ltd - 543330 - Update - Registrar & Share Transfer Agent
In continuation to our letter dated January 11, 2023 regarding the change of Registrar and Share Transfer Agent ("RTA') from "Link Intime India Private Limited (Link Intime)" to "KFin Technologies Limited (KFin)" and to comply with the provisions of Regulation 7 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has also entered into a Tripartite Agreement with KFin and Link Intime on February 9, 2023, accordingly all the formalities for change of RTA from Link Intime to KFin have been completed.09-02-2023
Devyani International Ltd - 543330 - Announcement under Regulation 30 (LODR)-Change in Directorate
The Board of Directors at their meeting held today (started at 11:00 A.M. and concluded at 11.35 A.M.) inter-alia considered and approved the following: (ii) Re-appointment of Dr. Ravi Gupta (DIN: 00023487) as an Independent Director of the Company for a second term of upto 5 (Five) consecutive years with effect from April 6, 2023, subject to the approval of shareholders of the Company. Further, Dr. Ravi Gupta is not debarred from holding office of an Independent Director by virtue of any SEBI order or any other such Authority. (iii) Re-appointment of Ms. Rashmi Dhariwal (DIN: 00337814) as an Independent Director of the Company for a second term of upto 5 (Five) consecutive years with effect from April 6, 2023, subject to the approval of shareholders of the Company. Further, Ms. Rashmi Dhariwal is not debarred from holding office of an Independent Director by virtue of any SEBI order or any other such Authority.09-02-2023
Devyani International Ltd - 543330 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Please find attached herewith a copy of the Proposed Press Release to be issued by the Company. The same is also being uploaded on website of the Company at www.dil-rjcorp.com.09-02-2023
Devyani International Ltd - 543330 - Announcement under Regulation 30 (LODR)-Investor Presentation
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith a copy of the Presentation on Unaudited Financial Results of the Company for the Quarter and Nine Months ended December 31, 2022. The same is also being uploaded on website of the Company at www.dil-rjcorp.com.09-02-2023