)
Visual
test
Devyani
Devyani (DEVYANI) investor relations material
Devyani Q3 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 25/26 earnings summary4 Feb, 2026
Executive summary
Consolidated revenues for Q3 FY26 reached INR 14,409 million, up 11.3% year-over-year, with India operations growing 12.1% YoY and international revenue up 10.1% YoY.
Total store count stood at 2,279, with 54 net new KFC, 18 net new Pizza Hut, and 17 own brand stores added in the quarter; international business added 20 new stores.
Break-even brand EBITDA achieved for Biryani By Kilo and Sky Gate brands ahead of guidance.
Proposed merger with Sapphire Foods to create a platform with over 3,000 stores and nearly $1 billion turnover; board approved amalgamation effective 1 April 2026 with a share swap ratio of 177:100.
Leadership transition announced: Manish Dawar to become President and CEO from April 2026, Anupam Kumar to become CFO.
Financial highlights
Consolidated operating EBITDA for Q3 FY26 was INR 2,267 million, with margin at 15.7%; gross profit at INR 9,930 million, gross margin at 68.9%.
Brand contribution margin improved to 13.9% from 11.7% in the previous quarter.
Q3 FY26 profit after tax was a loss of INR 99.87 million, compared to a loss of INR 76.46 million in Q3 FY25.
KFC India revenue was INR 6,032 million, up 5.9% YoY, with gross margin at 69.8%.
Pizza Hut India revenue was INR 1,781 million, gross margin at 76%, and brand contribution at 0.8%.
Outlook and guidance
No net new Pizza Hut units planned for 2026; focus on closing loss-making stores and utilizing existing assets.
KFC store additions to continue at 110-120 stores per year; Pizza Hut additions to remain minimal.
Merger with Sapphire Foods expected to deliver annual synergies of INR 210-225 crore.
Board expects the next phase of growth to require bold strategic vision and strong execution.
Management expects to maintain gross margin profile and sees further optimization opportunities.
What is the strategic rationale for Sapphire Foods merger?
What was Q3 operational profit before exceptional items?
What is the impact of Sky Gate becoming wholly-owned?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Latest summaries
- TimeTickerHeadlineOpen
- XANO
Profitability and cash flow surged despite mixed segment trends; dividend proposed. - BERGEPAINT
Record gross margins and strong segment growth, but net profit declined. - ROK
Double-digit sales and EPS growth drive raised 2026 guidance and strong segment performance. - AAVAS
AUM up 15.4% YoY, PAT up 13%, GNPA at 1.19%, and NCD security cover at 110.42%. - BMY
Growth Portfolio drives double-digit growth and margin gains as legacy products decline. - PTON
Profitability rose sharply as Adjusted EBITDA grew 39% and net loss narrowed, despite lower revenue. - OESX
Revenue and profitability improved in Q3 2026, with raised guidance and major contract wins. - VOD
Q3 service revenue up 5.4%, EBITDAaL up 2.3%, and FY26 guidance at the upper end. - PNDORA
2025 organic growth was 6% with 23.9% EBIT margin; 2026 focuses on platinum-plated transition. - LQDT
Strong Q1 profit growth and market share gains set the stage for continued EBITDA expansion.
Next Devyani earnings date
Q4 25/2622 May, 2026
Devyani
Next Devyani earnings date
Q4 25/2622 May, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Devyani International Limited is an Indian company engaged in the operation and management of quick-service restaurants (QSRs) and food outlets. The company is a franchisee for globally recognized brands such as KFC, Pizza Hut, and Costa Coffee, managing outlets across various locations in India and international markets. Devyani International also operates its own food and beverage brands. The company is headquartered in Gurugram, India, and its shares are listed on the BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) of India.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage