Devyani International Ltd - 543330 - Statement Of Investor Complaints For The Quarter Ended December 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 01061060 Name of the Signatory :- Jatin MahajanDesignation :- Company Secretary and Compliance Officer Devyani International Ltd - 543330 - Closure of Trading Window
The trading window for dealing in the securities of the Company will remain closed from January 01, 2022 till Forty Eight (48) hours after the Unaudited Financial Results of the Company for the quarter and nine months ended December 31, 2021 become Generally Available Information. Devyani International Ltd - 543330 - Announcement under Regulation 30 (LODR)-Scheme of Arrangement
We would like to inform you that as recommended by the Audit, Risk Management and Ethics Committee, the Board of Directors of our Company in their meeting held today approved the Scheme of Amalgamation ('Scheme') under Sections 230 to 232 and other relevant provisions of the Companies Act, 2013 for amalgamation of Devyani Food Street Pvt. Ltd. and Devyani Airport Services (Mumbai) Pvt. Ltd. (both are Wholly Owned Subsidiary Companies) with the Company, subject to approval of shareholders, creditors, Stock Exchanges, SEBI, National Company Law Tribunal and any other statutory / applicable authorities as may be required. The detailed disclosure as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 is enclosed as Annexure - 1.
Devyani International surges 13% on heavy volumes, stock at all-time high
Motilal Oswal Institutional Equities has initiated coverage on Devyani with a Buy rating and target price of Rs 190, driven by KFC's strong brand equity and operating metrics
Buy Devyani International; target of Rs 195: Choice Equity Broking
Choice Equity Broking is bullish on Devyani International has recommended buy rating on the stock with a target price of Rs 195 in its research report dated November 24, 2021. Devyani International Ltd - 543330 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Conference call with Investors and Analysts Devyani International Ltd - 543330 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
Monitoring Agency Report Devyani International Ltd - 543330 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Conference call with Investors and Analysts
Devyani International surges 25% in 4 days on robust Q2 results
In Q2FY22, the company posted consolidated profit after tax of Rs 46.6 crore as against a net loss of Rs 65.5 crore in Q2FY21. Q2FY22 Quarterly Result Announced for Devyani International Ltd.
Financial Performance Highlights: Q2 FY22: Revenue from operations grew by 124% YoY to Rs. 5,161 million EBITDA increases to Rs. 1,233 million EBITDA margins improves to 23.9% PAT at Rs. 466 million as against a loss of Rs. 655 million H1 FY22 Revenue from operations grew by 169% YoY to Rs. 8,688 million EBITDA increases to Rs. 1,849 million EBITDA margins improves to 21.3% PAT at Rs. 132 million as against a loss of Rs. 1,520 million Commenting on the performance for Q2 & H1 2022 Mr. Ravi Jaipuria, Chairman, Devyani International Limited said “We are pleased to report our first financial results post our successful listing in August 2021. Our IPO witnessed a strong reception from the investor community and has brought on board marquee investors. We welcome all our shareholders and look forward to your support in our journey forward. The foodservice industry is expected to grow at a CAGR of 12% to 15% in future. QSRs being the largest constituent of this segment will be a key beneficiary and will lead this growth. DIL with its multiple strong and well recognized western and Indian QSR brands stand to gain the most as we continue to expand our footprint in India. India is a large consumption market and QSR is still significantly under penetrated in the Country – even compared with our South-East Asian peers. At Devyani our focus remains on constantly improving the quality and safety of our operations, enriching customer experience, efficient delivery strategically expanding our store network in India. As on September 30, 2021, we operated 309 KFC stores, 351 Pizza Hut stores and 45 Costa Coffee stores in India. Our total system store count across all our operations stands at 803. Despite the pandemic, we have continued with our growth strategy to steadily expand presence across new cities while simultaneously broadening our foothold in existing markets. We have opened 111 net new stores across core brands in the 6 months ended September 30, 2021, with 68 net new stores getting added in Q2 FY22. Our long-term focus is on consolidating our presence in key metro cities while tapping into smaller towns, enabling us to take our brands closer to our customers. We have seen a great recovery on the demand side as the Covid 19 restrictions ease and the vaccination coverage improves. Leveraging this demand momentum across our markets, we expect to deliver a strong operational and financial performance. We are also cognizant of input cost inflation across various industries including QSR on both capex and opex side. We have built in multiple levers in our business to mitigate the impact of input inflation and we hope to deliver consistent results for all of you.” Result PDF