# Devyani International share price today (Devyani International Ltd, NSE: DEVYANI)

> Devyani International share price today: ₹117.75 at the NSE close on 3 November 2026, down 27.2% in a year. Devyani International (NSE: DEVYANI) is worth ₹14,567 crore, trades at a P/E of 1,430.0 and has closed between ₹96.43 and ₹148.07 over the past 52 weeks. > Devyani International Ltd's share price has risen faster than its earnings: −27.2% in a year, against −487.5% for earnings per share. DEVYANI · Quick Service Restaurant - QSR · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/devyani-international-ltd

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## Key numbers

- Business trend: Mixed, from fewer quarters than usual
- Price: ₹117.75 (−27.2% in a year)
- P/E: 1,430.0× (higher than 99% of the last 3.2 years)
- Revenue (Jun 2026): ₹1,581 Cr (+16.5% on a year ago)
- Profit (Jun 2026): ₹17.0 Cr (+750.0% on a year ago)
- Operating margin: 16.0% (+1.0 points on a year ago)
- ROCE: 5%, FY26
- ROIC: 4.7%, against a 12.0% cost of capital: −7.3 points

The main question: the share price moved −27.2% in a year while yearly earnings per share moved −487.5%. The difference came from the market paying a higher multiple. ## What is the Devyani International share price today? Devyani International Ltd's share price was ₹117.75 at the close on 3 November 2026. It has been rising for 7 weeks. That is 8.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹96 and ₹148, and at that close it sat 41% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 2 weeks running. Over the last 5.2 years the share price moved −1% while the NIFTY 500 moved +55%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 23 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Devyani International this quarter? Three changes stood out: revenue up on a year earlier for 11 quarters in a row (every quarter we can compare), highest quarterly revenue in 15 quarters and highest quarterly profit in 8 quarters. 1. Revenue up on a year earlier for 11 quarters in a row (every quarter we can compare) In the June 2026 quarter revenue was ₹1,581 crore, +16.5% on a year earlier. 2. Highest quarterly revenue in 15 quarters Revenue of ₹1,581 crore in the June 2026 quarter is the highest of the last 15 quarters. 3. Highest quarterly profit in 8 quarters Profit of ₹17 crore in the June 2026 quarter is the highest of the last 8 quarters. ## What are Devyani International's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Devyani International reported revenue of ₹1,581 crore, up 16.5% from ₹1,357 crore a year earlier, and a profit of ₹17.0 crore, up 750.0% from ₹2.00 crore. ### Devyani International results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹1,581 crore | ₹1,357 crore | +16.5% |
| Profit | ₹17.0 crore | ₹2.00 crore | +750.0% |
| Earnings per share | ₹0.12 | ₹0.03 | +300.0% |
| Operating margin | 16.0% | 15.0% | +1.0 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Devyani International's management discussed these results on a call held on 29 July 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Devyani International share price history? Devyani International closed at ₹117.75 on 3 November 2026, down 27.2% from ₹161.80 a year earlier (31 October 2025) and down 19.6% over five years. Its highest weekly close since August 2021 was ₹222.45 on 8 September 2023. ### Devyani International share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹117.38 | +0.3% |
| 1 month ago · 1 Oct 2026 | ₹127.07 | −7.3% |
| 6 months ago · 30 Apr 2026 | ₹124.73 | −5.6% |
| 1 year ago · 31 Oct 2025 | ₹161.80 | −27.2% |
| 3 years ago · 3 Nov 2023 | ₹185.60 | −36.6% |
| 5 years ago · 4 Nov 2021 | ₹146.50 | −19.6% |
| Earliest weekly close in our records · 20 Aug 2021 | ₹118.50 | −0.6% |
| Highest weekly close since August 2021 · 8 Sep 2023 | ₹222.45 | −47.1% |
| Lowest weekly close since August 2021 · 27 Mar 2026 | ₹99.56 | +18.3% |
| 52-week high (weekly close) · 2 Jan 2026 | ₹148.07 | −20.5% |
| 52-week low (weekly close) · 2 Apr 2026 | ₹96.43 | +22.1% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (277 weekly closes from 20 August 2021 to 3 November 2026.)

## What is the latest news on Devyani International? 3 Nov 2026: Devyani International closed at ₹117.75, up 0.3% on the week and down 7.3% on the month. 29 Jul 2026: Devyani International held its results call for April to June 2026. Management guided: Sapphire merger completion planned by end FY27. ### Earlier

- Results for April to June 2026: Revenue up 16.5% and profit up 750.0% on a year earlier. ## What dividend does Devyani International pay? Devyani International has paid no dividend on the NSE since its first NSE close in our records (20 August 2021), the start of the period we checked. No. Devyani International Ltd paid out 0% of its profit as dividends in each of its last 11 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Devyani International management say on the latest results call? On the call for April to June 2026, held on 29 July 2026, Devyani International's management guided: Sapphire merger completion planned by end FY27. > “Once we cross a threshold of 105,000 ADS to 110,000 ADS, we will be able to cross 20.0% brand contribution margins in KFC”
> Manish Dhawan, President and Group CEO, on the call for April to June 2026

### What management guided

- New store openings to remain aligned with the existing plan during FY27; no numerical goal was restated on this call. - KFC SSSG working trajectory of 5.0%-6.0%; reaching 105,000-110,000 ADS is expected to support more than 20.0% KFC brand contribution margin in roughly 1.5-2.0 years under the current context. - KFC dining mix goal of 59.0%-60.0% rather than 65.0% in the near term. - KFC future store formats are expected to accommodate the dining shift without incremental capital spending by using existing capacity. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/44089-29-Jul-2026.pdf). (From the call for April to June 2026, 29 July 2026.)

## What to watch in Devyani International's next results? When Devyani International reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: KFC SSSG to sustain positive momentum and move toward the 5.0%-6.0% working trajectory; monitor whether ADS advances toward 105,000-110,000. - What to check (from the call)
- KFC SSSG to sustain positive momentum and move toward the 5.0%-6.0% working trajectory; monitor whether ADS advances toward 105,000-110,000. - KFC dining mix to move toward 59.0%-60.0% while using existing store capacity rather than incremental capital spending. - Pizza Hut SSSG and ADS to show stabilization from -2.2% and ₹32.4k as product, innovation and price-ladder work progresses. - Sapphire merger regulatory milestones and technology platform build-out to remain on track toward completion by end FY27; monitor evidence of integration readiness. ## Which stock lists is Devyani International on? Devyani International is on one of our India lists: Small & mid cap stocks. [Small & mid cap stocks Size rank in India: 430](https://www.sectoralpha.in/small-cap-stocks-india)

## Is Devyani International profitable? Devyani International Ltd earned ₹17.0 Cr of net profit in the Jun 2026 quarter, +750.0% on the same quarter a year earlier. The full FY26 year was a loss of ₹43.0 Cr. That is 1.1% of the quarter's revenue. The same quarter a year earlier earned ₹2.0 Cr. 7 of the last 12 reported quarters were loss-making. ## How much revenue does Devyani International make, and is it growing? Devyani International Ltd reported ₹1,581 Cr of revenue in the Jun 2026 quarter, +16.5% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 18.7% a year on average. The last full year, FY26, came in at ₹5,611 Cr. The last four reported quarters add to ₹5,836 Cr. FY26 revenue was ₹5,611 Cr, +13.3% on the year before. Recent pace: the last four quarters grew +14.8% on average, against 18.7% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +14.7%, against +21.8% a year over the last 8 quarters (rolling over). ## How much of every ₹100 of sales does Devyani International keep? Devyani International Ltd's operating margin was 16.0% in the Jun 2026 quarter, 1.0 percentage points higher than the same quarter a year ago. Across 11 years it has been between −0.1% and 23.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +0.9 percentage points on the year while gross margin changed +0.9 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is Devyani International's profit turning into cash? Over the last 3 years, 263% of Devyani International Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹927 Cr of operating cash against −₹43.0 Cr of profit. After ₹1,739 Cr of spending on assets, free cash was −₹812 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 263% of profit came in as cash: the cash cycle got 11 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. What to look at next: the bigger use of cash is spending on new assets, at 3.0× depreciation over three years. The next section checks what that spending is building. ## Where does Devyani International's cash go? Devyani International Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was −89 days in FY26, up from −100 days in FY21. It spent ₹4,905 Cr on assets over the last 3 years. Customers take 4 days to pay, and stock sits for 34 days on average. At FY26 sales of ₹5,611 Cr, each day of that cycle ties up about ₹15.4 Cr, so roughly −₹1,368 Cr is tied up in the business at any time. FY26: customers took 4 days to pay and stock sat for 34 days, about 1.1 months of sales sitting as stock, for a full cycle of −89 days, longer than FY21's −100. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 34 days. Customers pay about 4 days after that. Suppliers are paid at 127 days. Together that makes the −89-day cycle. Spending on assets: ₹4,905 Cr over the last 3 years, against ₹1,653 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹8.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Devyani International's P/E ratio, and how does it compare with its own history? Devyani International Ltd's P/E is 1,430.0×, about the highest it has ever been. Its usual P/E (the middle reading) is 114.0×, over 3.2 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −487.5% while the price moved −27.2%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 3 years the price moved −14.1% a year; about −56.4% a year came from earnings growth and about +42.3 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Devyani International business getting better or worse? Devyani International Ltd's business is giving mixed signals. There is no clear direction across the growth lines, with ROCE steady at 5.2%; each line tells part of the story. This is based on 12 quarters of 3 measures, with some gaps. Why it matters: when the lines disagree, each line above matters more than any single label. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does Devyani International earn on its capital? Devyani International Ltd earned a ROCE of 5% in FY26. That is up from a low of −19% in FY17. Its return on capital used (ROIC) is 7.3 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a −0.8% net margin and 0.83× asset turnover (sales divided by assets). Why the return is what it is (FY26): a −0.8% net margin × 0.83× asset turnover × 4.38× leverage (assets divided by equity) ≈ −2.9% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 4.7% − 12.0% = −7.3 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Devyani International have too much debt? Devyani International Ltd has total debt of ₹3,833 Cr against shareholder equity of ₹1,885 Cr as of Jun 2026, so its debt is 2.03× its equity. Year by year, that ratio went from 1.84 in FY22 to 2.03 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Devyani International shareholding pattern? Domestic institutions raised their stake in Devyani International Ltd by 5.5 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 20.9% of the company. Foreign institutions moved −5.0 points over the same period, to 6.1%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: +5.5 points over 8 quarters, to 20.9%; Foreign institutions: −5.0 points over 8 quarters, to 6.1%; Promoters: −1.4 points over 8 quarters, to 61.4%. Why the owners changed: foreign institutions moved −5.0 points and domestic institutions +5.5 points over 8 quarters, while promoters moved −1.4 points. One group of institutions took over shares from the other; it is not a change of mind by the people running the company. ## How far is Devyani International from balance-sheet trouble? For Devyani International Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Devyani International rank in its industry? 40.6 out of 100, rank 7 of 8 in Quick Service Restaurant - QSR, with 61% of the evidence available. Devyani International Ltd scores 40.6 out of 100 against the 8 companies it is compared with in Quick Service Restaurant - QSR, ranking 7. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 11.7 + 9.3 + 10 + 9.6 = 40.6. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Devyani International compared with? Devyani International ranks 7 of 8 Quick Service Restaurant - QSR companies on the 4-Factor Sector Score, with 40.6 out of 100. 1. [Jubilant Foodworks Ltd](https://www.sectoralpha.in/stocks/jubilant-foodworks-ltd) JUBLFOOD · losing its lead · Evidence leans up · 93% evidence 61.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.9/35 · Revenue 16.3% · Profit 77.9% · Operating margin change 1 points · 88% evidence Capital efficiency 21.3/25 · ROCE 14.8% · Operating margin 20% · 100% evidence Valuation 10.9/20 · P/E 73× · PEG 1.85 · 85% evidence Relative strength 2.3/20 · Lead over its industry -24.6% · Lead over NIFTY 500 -8.7% · 1 year -29.4% · 100% evidence · 9 of 12 weeks ahead Exact sum: 26.9 + 21.3 + 10.9 + 2.3 = 61.4 · What this means: Earnings are strong; relative strength in its sector is -24.6% and the one-year return is -29.4%. 2. [Speciality Restaurants Ltd](https://www.sectoralpha.in/stocks/speciality-restaurants-ltd) SPECIALITY · leader · Evidence leans up · 78% evidence 56.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.7/35 · Revenue 11.9% · Profit 16.8% · Operating margin change 2.8 points · 88% evidence Capital efficiency 17.7/25 · ROCE 8% · Operating margin 19.2% · 100% evidence Valuation 7.8/20 · P/E 25.4× · PEG 2.34 · 85% evidence Relative strength 11.1/20 · Lead over its industry n/a · Lead over NIFTY 500 18.4% · 1 year -3.3% · 25% evidence · 11 of 12 weeks ahead Exact sum: 19.7 + 17.7 + 7.8 + 11.1 = 56.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Westlife Foodworld Ltd](https://www.sectoralpha.in/stocks/westlife-foodworld-ltd) WESTLIFE · leader · Evidence leans up · 80% evidence 50.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.8/35 · Revenue 9.9% · Profit -80% · Operating margin change 2 points · 100% evidence Capital efficiency 10.8/25 · ROCE 6.3% · Operating margin 12.5% · 100% evidence Valuation 10.0/20 · P/E 2631× · PEG n/a · 0% evidence Relative strength 15.6/20 · Lead over its industry 1.1% · Lead over NIFTY 500 20.9% · 1 year -0.2% · 100% evidence · 12 of 12 weeks ahead Exact sum: 13.8 + 10.8 + 10 + 15.6 = 50.2 · What this means: Relative strength against the index is 20.9%, and revenue and profit growth are weak. 4. [United Foodbrands Ltd](https://www.sectoralpha.in/stocks/united-foodbrands-ltd) UFBL · quiet · Evidence leans down · 68% evidence 47.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.2/35 · Revenue 19.9% · Profit -9.1% · Operating margin change 0.9 points · 65% evidence Capital efficiency 6.9/25 · ROCE 1.5% · Operating margin 16.4% · 100% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 14.0/20 · Lead over its industry 34.1% · Lead over NIFTY 500 51.6% · 1 year 211.3% · 100% evidence · 7 of 12 weeks ahead Exact sum: 16.2 + 6.9 + 10 + 14 = 47.1 · What this means: Relative strength against the index is 51.6%, and revenue and profit growth are weak. 5. [Sapphire Foods India Ltd](https://www.sectoralpha.in/stocks/sapphire-foods-india-ltd) SAPPHIRE · breaking out · Evidence leans down · 71% evidence 46.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.0/35 · Revenue 13.3% · Profit -80% · Operating margin change 0.5 points · 74% evidence Capital efficiency 10.7/25 · ROCE 4% · Operating margin 14.3% · 100% evidence Valuation 10.0/20 · P/E 471× · PEG n/a · 0% evidence Relative strength 8.6/20 · Lead over its industry -14.8% · Lead over NIFTY 500 2.1% · 1 year -30.4% · 100% evidence · 12 of 12 weeks ahead Exact sum: 17 + 10.7 + 10 + 8.6 = 46.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Coffee Day Enterprises Ltd](https://www.sectoralpha.in/stocks/coffee-day-enterprises-ltd) COFFEEDAY · turning · Too little evidence to rank firmly · 53% evidence 45.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.7/35 · Revenue 4.5% · Profit 100% · Operating margin change 4.4 points · 83% evidence Capital efficiency 7.2/25 · ROCE 1.3% · Operating margin 16.4% · 76% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 8.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -1.7% · 1 year -31% · 25% evidence · 2 of 12 weeks ahead Exact sum: 19.7 + 7.2 + 10 + 8.5 = 45.4 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 7. Devyani International Ltd this page DEVYANI · breaking out · Evidence leans down · 61% evidence 40.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.7/35 · Revenue 14.8% · Profit 0% · Operating margin change 1 points · 88% evidence Capital efficiency 9.3/25 · ROCE 4.8% · Operating margin 16% · 100% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 9.6/20 · Lead over its industry n/a · Lead over NIFTY 500 1.7% · 1 year -25.6% · 25% evidence · 12 of 12 weeks ahead Exact sum: 11.7 + 9.3 + 10 + 9.6 = 40.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Restaurant Brands Asia Ltd](https://www.sectoralpha.in/stocks/restaurant-brands-asia-ltd) RBA · leader · Too little evidence to rank firmly · 49% evidence 49.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.4/35 · Revenue 15.6% · Profit 31.8% · Operating margin change 3 points · 71% evidence Capital efficiency 4.1/25 · ROCE -0.5% · Operating margin 13% · 76% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 12.0/20 · Lead over its industry n/a · Lead over NIFTY 500 25.8% · 1 year 30.5% · 25% evidence · 12 of 12 weeks ahead Exact sum: 23.4 + 4.1 + 10 + 12 = 49.5 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Quick Service Restaurant - QSR](https://www.sectoralpha.in/sectors/quick-service-restaurant-qsr), all 8 compared on one page. ## Which companies are close to Devyani International in size? Devyani International is the 2nd largest of 8 Quick Service Restaurant - QSR companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Jubilant Foodworks. Just below it: Westlife Foodworld, Sapphire Foods India, Restaurant Brands Asia, United Foodbrands and Speciality Restaurants. ### Quick Service Restaurant - QSR companies close in size

1. [Jubilant Foodworks Ltd](https://www.sectoralpha.in/stocks/jubilant-foodworks-ltd) ₹27,839 crore
2. Devyani International Ltd ₹14,845 crore
3. [Westlife Foodworld Ltd](https://www.sectoralpha.in/stocks/westlife-foodworld-ltd) ₹9,259 crore
4. [Sapphire Foods India Ltd](https://www.sectoralpha.in/stocks/sapphire-foods-india-ltd) ₹6,397 crore
5. [Restaurant Brands Asia Ltd](https://www.sectoralpha.in/stocks/restaurant-brands-asia-ltd) ₹6,249 crore
6. [United Foodbrands Ltd](https://www.sectoralpha.in/stocks/united-foodbrands-ltd) ₹2,484 crore
7. [Speciality Restaurants Ltd](https://www.sectoralpha.in/stocks/speciality-restaurants-ltd) ₹652 crore

[All 8 Quick Service Restaurant - QSR companies, largest first](https://www.sectoralpha.in/sectors/quick-service-restaurant-qsr#all-companies)

### Companies close in size in other industries

1. [Triveni Turbine Ltd](https://www.sectoralpha.in/stocks/triveni-turbine-ltd) ₹14,943 crore · Capital Goods - Gensets/Turbines
2. [Vijaya Diagnostic Centre Ltd](https://www.sectoralpha.in/stocks/vijaya-diagnostic-centre-ltd) ₹14,890 crore · Diagnostics
3. Devyani International Ltd ₹14,845 crore
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## What else do people ask about Devyani International? ### What is Devyani International's share price today? Devyani International Ltd's share price is ₹117.75, −27.2% over the past year. The whole company is worth ₹14,567 Cr on the market. In the last 52 weeks it traded between ₹96 to ₹148; today it is 41% of the way up from the low, 8.5% below its 200-day average (as of 3 November 2026). ### What were Devyani International's latest quarterly results? Devyani International Ltd reported revenue of ₹1,581 Cr and net profit of ₹17.0 Cr for the Jun 2026 quarter. Revenue rose 16.5% and profit rose 750.0% compared with a year earlier. Earnings per share were ₹0.12. The operating margin was 16.0%, 1.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is Devyani International's market cap? Devyani International Ltd's market capitalisation is ₹14,567 Cr at a share price of ₹117.75. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Devyani International performing? Devyani International Ltd's share price has been rising for 7 weeks. In its latest quarter, revenue rose 16.5% and profit rose 750.0% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 2 weeks running (as of 3 November 2026). ### Will Devyani International's share price go up? This page does not forecast Devyani International Ltd's share price. What it shows instead: the share price is ₹117.75, and it has been rising for 7 weeks. Its P/E of 1,430.0× is higher than 99% of its own last 3 years (as of 3 November 2026). ### Who owns Devyani International? Promoters own 61.4% of Devyani International Ltd, foreign institutions 6.1%, domestic institutions 20.9% and the public 11.6% (latest quarter). The biggest change over the last two years: Domestic institutions raised their stake by 5.5 percentage points over 8 quarters (as of 3 November 2026). ### Does Devyani International have too much debt? Yes, Devyani International Ltd has a lot of debt: its debt is 2.49× its equity, and its operating profit is 3 times its interest bill. FY26 borrowings were ₹3,833 Cr against equity of ₹1,542 Cr. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Is Devyani International's profit real cash? Yes, over the last 3 years, 263% of Devyani International Ltd's reported profit came in as cash from operations. The latest year was lower at -2156%, so the trend is worth watching. In FY26, operating cash was ₹927 Cr against reported profit of −₹43.0 Cr. Most of that cash then goes into building new capacity. These are yearly figures (as of 3 November 2026). ### Where is Devyani International in its business cycle? Devyani International Ltd's FY26 operating margin was 15.0%, against a 11-year range of −0.1% to 23.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 16.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Devyani International story? The main question: the share price moved −27.2% in a year while yearly earnings per share moved −487.5%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Devyani International a stock worth studying right now? What the numbers show: Devyani International Ltd's share price has risen faster than its earnings: −27.2% in a year, against −487.5% for earnings per share. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Devyani International share price forecast for 2026? What management itself guided: Sapphire merger completion planned by end FY27. ## Lists

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