Devyani International Ltd
DEVY

Devyani International Ltd (DEVYANI)

₹149.252.61%

Key Stats

₹144.15
Day's Price Range
₹150.1
₹107.55
52-Week Price Range
₹198.9
1 Month Return-12.2 %
3 Month Return-5.86 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 2
112.75
EPS
Rank 2
₹1.29
BVPS
Rank 2
₹0.99
Dividend Yield
Rank 2
ROE
Rank 2
Price To Book Ratio
Rank 2
146.91
Debt To Asset
Rank 1
0.93

Company Information

The Company was originally incorporated as Universal Ice Creams Private Limited at New Delhi as a private limited company under the Companies Act 1956 pursuant to the certificate of incorporation dated 13 December 1991. Subsequently the name of the Company was changed to Devyani International Private Limited and a fresh certificate of incorporation dated 07 June 2000 was issued by the RoC. Thereafter the Company was converted into a public limited company and consequently the name of the Company was changed to Devyani International Limited and a fresh certificate of incorporation dated 09 May 2005 was issued by the RoC. The company is a multidimensional comprehensive quick service restaurantQSR player in India. The Company is primarily engaged in the business of developing managing and operating quick service restaurants and food courts for brands such as Pizza Hut KFC Costa Coffee Vaango etc. and retail stores of TWG Tea.The company has 692 stores across IndiaNepal and Nigeria.The company has its presence in 155 cities across India.As on 31 March 2019the company has 6 subsidiaries and one joint venture company under its fold.The operations of the company in Fiscal 2021 were severely impacted by COVID19 and consequent lockdowns and restrictions imposed in India. Dinein operations at many of stores were suspended or restricted on account of government restrictions imposed during Fiscal 2021 in particular during the six months ended 30 September 2020 which resulted in decline in sales.During the FY2021the company has allotted 5308333 and 2200000 equity shares to Yum Restaurants India Private Ltd and RJ Corp Ltd respectively on preferential basis.Furtherwith effect from 25 March 2021the company has subdivided the face value of equity share from Rs 10 to Re 1 per share.The Board of Directors of the Company at its meetings held on 17 February 2021 and subsequently on 13 May 2021 approved the proposed Initial Public Offering of Equity Shares of face value of Rd 1 each of the Company comprising of a fresh issue of Equity Shares aggregating up to Rs 4000 million Fresh Issue and an offer for sale of up to 125333330 Equity Shares comprising of up to 65333330 Equity Shares by Dunearn Investments Mauritius Pte. Ltd. and up to 60000000 Equity Shares by RJ Corp Limited.During the month of August 2021the company has launched its Rs 1838crore IPO offering a total of 112569719 shares of Re 1 each at a premium of Rs 89 per share.The offer had comprised a fresh issue of Rs 440 crore and an offer for sale of Rs 1398 crore by investor Dunearn Investments and RJ Corp. The company will repay its debts through fresh issue proceedsbesides use for general corporate purposes. The allotted shares were listed on the BSE Ltd and National Stock Exchange of IndiaNSE on 16 August 2021.
OrganisationDevyani International Ltd
HeadquartersNew Delhi
IndustryQuick Service Restaurant