Devyani International Q4 Results Review - No Light At The End Of The Tunnel: HDFC Securities
Q4 results were below consensus estimates owing to disappointing same-store sales growth performance across key brands.15-05-2024
15-05-2024
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, link of audio recording of Investors & Analysts Conference Call held on May 14, 2024, post declaration of Audited Financial Results of the Company for the Quarter and Financial Year ended March 31, 2024, is as follows: Link: https://dil-rjcorp.com/wp-content/uploads/2024/05/dil-q4-fy24-earnings-call-audio.mp314-05-2024
Devyani International Results Earnings Call for Q4FY24
Conference Call with Devyani International Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript.14-05-2024
Devyani International Ltd - 543330 - Announcement Under Regulation 30 Of SEBI (LODR) Regulations
Announcement under Regulation 30 of SEBI (LODR) Regulations14-05-2024
Q4FY24 Quarterly & FY24 Annual Result Announced for Devyani International Ltd.
Resturants company Devyani International announced Q4FY24 & FY24 results: The operating Revenues for the FY24 is at Rs 35.6 billion growing at a health rate of 18.6% vs the previous financial year. The EBITDA for the full year 2023-24 closed at Rs 6.5 billion i.e. 18.3% of the revenue. During the quarter, consolidated revenues from operations (including Thailand) stood at Rs 10.5 billion with growth of 38.7% on YoY basis. Completes and seamlessly integrates RD Thailand acquisition Added 47 net new stores (including 5 KFC stores in Thailand) Total store count at 1,782 – to hit 2,000 stores in 2024, instead of 2026 Enters into partnership with PVR INOX for operating food courts in Shopping Malls Commenting on the performance for Q4 & FY24, Ravi Jaipuria, Non-Executive Chairman, Devyani International Limited said, " In 2024, we have diligently focused on our strategic expansion goals. Over the course of the year, we opened 256 new stores, including 47 in the fourth quarter. As of March 31, our total store count has reached 1,782, including the 283 KFC stores, we acquired in Thailand on January 18, 2024. The year was also marked by successful acquisition and seamless integration of the Thailand KFC business. The transaction, which was completed during Q4, has been a significant milestone for us. This development has expanded our international footprint and the same is in line with our long-term growth objectives of having a mix of international business. Alongside our global expansion, we have also been working on a strategy to enhance our domestic footprint of Food Courts business in response to India's emergence as a major destination for travel, tourism, and shopping. The domestic travel market is picking up very well and we are seeing religious tourism as one of the important thrust areas. India is also gaining importance in the international markets for medico tourism and a value for money shopping destination. All these changes are structural in nature and here to stay. There is a common theme that runs across this phenomenon and that is Food – ON The GO. With this strategy, and to cater to the rising “QUICK” trend, we are making Food Courts, as one of the important pillars of our growth aspiration across various consumption channels and touch points of travel and shopping. Our existing bouquet of brands will help us with this strategy. With this objective, I am pleased to state that DIL has entered, into a strategic partnership with PVR INOX to develop and operate the business of Food Courts at shopping malls across the Country to co-promote movies and food. This will not only help us strengthen our presence at various Malls in the Country but will also give a boost to our brands and the food court business." Result PDF14-05-2024
Devyani International Ltd - 543330 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation on the Audited Financial Results for the Quarter and Financial Year ended March 31, 202414-05-2024
Devyani International Ltd - 543330 - Intimation Of Book Closure For The Purpose Of Annual General Meeting
Intimation of Book Closure for the purpose of Annual General Meeting14-05-2024
Devyani International Ltd - 543330 - Outcome Of Board Meeting-Annual General Meeting
Outcome of Board Meeting-Annual General Meeting14-05-2024