Slide 1: Filing cover letter to stock exchanges
Devyani International Limited ________________________________________________________________________________________________________________________________________________________________________________________________________________________________ Corporate Office: Plot No.18, Sector-35, Guru
Slide 2: Q4 FY'24 Results Presentation
Q4 FY’24 Results Presentation May 14th, 2024
Slide 3: Disclaimer
Disclaimer The information contained in this presentation is for information purposes only and does not constitute an offer or invitation to sell or the solicitation of an offer or invitation to purchase any securities (“Securities”) of Devyani International Limited (the “Company”) in India, the Uni
Slide 4: Chairman Comments
Chairman Comments 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
Slide 5: FY24 - Performance Highlights
FY24 - Performance Highlights Positive store additions Strong Revenue growth 1,782 Stores as of March 31, 2024 (Incl. Thailand) FY24 INR 3,556 Cr; grew by 18.6% YoY (Incl. Thailand) ✓ 256 NNUs in FY24 ✓ KFC India INR 2,044 Cr ; +15.4% YoY ✓ 47 NNUs in Q4 FY24 (Incl. 5 in Thailand) ✓ PH India INR 709
Slide 6: New Store Openings
New Store Openings NET NEW UNITS (NNU) Stores as at Stores as at Stores as at Brand Q4 FY23 Q3 FY24 Q4 FY24 FY24 31 Mar 23 31 Dec 23 31 Mar 24 KFC 29 50 6 106 490 590 596 PH 23 30 2 61 506 565 567 Costa 9 8 25 67 112 154 179 Vaango 4 1 9 11 52 54 63 Others -1 0 0 0 24 24 24 Total India 64 89 42 245
Slide 7: Core Brands Stores; India – Regional split
Core Brands Stores; India – Regional split As on March 31, 2024 March 31, Dec 31, March 31, Core Brand Stores 2023 2023 2024 Delhi NCR 202 250 253 483 485 Bangalore 132 151 163 36% 36% Kolkata 61 78 81 North Hyderabad 79 90 90 113 261 East 8% 20% Other Metro Cities 51 64 69 Total Metros * 525 633 65
Slide 8: Performance Trend – DIL Consolidated
Performance Trend – DIL Consolidated Stores (No’s) Revenue from Operations Gross Margin 69.6% 70.6% 69.2% 70.0% 70.3% 1,782 35,563 7,244 24,998 10,471 29,977 5,954 20,992 8,431 1,243 7,550 5,255 938 610 692 FY20 FY21 FY22 FY23 FY24 Q4 FY23 Q3 FY24 Q4 FY24 FY 2023 FY 2024 Q4 FY23 Q3 FY24 Q4 FY24 FY 2
Slide 9: Performance Trend – DIL India
Performance Trend – DIL India Stores (No’s) Revenue from Operations Gross Margin 70.0% 71.3% 72.2% 70.3% 71.5% 31,162 1,429 7,964 27,743 5,677 5,428 22,282 7,516 4,903 19,508 1,184 7,001 892 655 575 FY20 FY21 FY22 FY23 FY24 Q4 FY23 Q3 FY24 Q4 FY24 FY 2023 FY 2024 Q4 FY23 Q3 FY24 Q4 FY24 FY 2023 FY 2
Slide 10: Core Brands – KFC – India
Core Brands – KFC – India
Slide 11: Q4 Net New Stores - 6
Q4 Net New Stores - 6 CMR (MVR Mall), ELURU Baguihati, KOLKATA Kanakpura, BANGALORE North Parvoor, COCHIN Devanahalli, BANGALORE
Slide 12: Business Performance – KFC India
Business Performance – KFC India Revenue and Sales mix ADS and SSSG 490 590 596 490 596 Stores SSSG 1.9% -4.7% -7.1% 16.0% -4.6% 106 117 4,439 5,243 4,941 17,714 20,437 104 105 93 38% 40% 41% 36% 39% Off-Premise On-Premise 62% 60% 59% 64% 61% Q4 FY23 Q3 FY24 Q4 FY24 FY 2023 FY 2024 Q4 FY23 Q3 FY24 Q
Slide 13: KFC Marketing Campaigns
KFC Marketing Campaigns fl BLOCK YOUR CALENDARS with KFC Chizza for the perfect excuse to not share! First 50 people to sign up and share a screenshot on stories stand a chance to win a KFC coupon* *TaC apply aeeseo: oop e
Slide 14: Core Brands – Pizza Hut – India
Core Brands – Pizza Hut – India 13
Slide 15: Q4 Net New Stores - 2
Q4 Net New Stores - 2 Kalyan west, MUMBAI Fatehbad Road, AGRA Kokrajhar, Assam Louden Street, KOLKATA Sector 31, Gurgaon Purana Bazar, DIMAPUR
Slide 16: Business Performance – PH India
Business Performance – PH India Revenue and Sales mix ADS and SSSG 506 565 567 506 567 Stores SSSG 4.4% -3.2% -12.6% -14.0% -10.9% 39 42 37 37 1,697 1,796 1,621 6,997 7,092 32 58% 56% 55% 56% 56% Off-Premise On-Premise 42% 44% 45% 44% 44% Q4 FY23 Q3 FY24 Q4 FY24 FY 2023 FY 2024 Q4 FY23 Q3 FY24 Q4 FY
Slide 17: New Initiatives
New Initiatives ) ca cid WEDNESDAY NO INTERRUPTION
Slide 18: Core Brands – Costa Coffee – India
Core Brands – Costa Coffee – India
Slide 19: Q4 Net New Stores
Q4 Net New Stores 25 Good Earth Business Bay2, GURGAON Parmarth Niketan, RISHIKESH Millenium Mall, PUNE Omaxe Mall Chandni Chowk, DELHI Gandhi Bazar, BANGALORE Dassarahalli, BANGALORE
Slide 20: Business Performance – Costa India
Business Performance – Costa India Revenue ADS and SSSG 112 154 179 112 179 Stores SSSG 42.6% 5.9% 7.3% 56.3% 8.7% 451 1,518 35 397 36 33 35 33 331 1,018 Q4 FY23 Q3 FY24 Q4 FY24 FY 2023 FY 2024 Q4 FY23 Q3 FY24 Q4 FY24 FY 2023 FY 2024 Gross Margin Brand Contribution 78.1% 77.2% 76.7% 79.0% 76.8% 20.2
Slide 21: Marketing Initiatives
Marketing Initiatives COSTA |racteae RICH, . INTRODUCING COFFEE res off os = 3 : EXOTIC TEA BY _- CREAMY ~~ ct SINUS f SATISFACTION. COSTA
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Slide 23: Store highlights
Store highlights T3 International Airport, DELHI Port Blair Airport Roodraksha Mall, GUWAHATI Cocoon Hospital, JAIPUR Moti Jheel, KANPUR Mumbai Central Railway Station
Slide 24: Business Performance – Vaango India
Business Performance – Vaango India Revenue ADS and SSSG Stores 59.4% -3.0% 2.1% 69.0% 4.9% 52 54 63 52 63 SSSG 155 593 32 30 30 30 145 519 28 133 Q4 FY23 Q3 FY24 Q4 FY24 FY 2023 FY 2024 Q4 FY23 Q3 FY24 Q4 FY24 FY 2023 FY 2024 Gross Margin Brand Contribution 79.7% 79.3% 80.0% 80.2% 79.5% 18.2% 22.4%
Slide 25: Vaango Marketing Campaigns
Vaango Marketing Campaigns 24
Slide 26: DIL International: Nigeria, Nepal, Thailand
DIL International Nigeria Nepal Thailand 40 Stores 25 Stores 288 Stores Q4 FY23 Q3 FY24 Q4 FY24 FY 2023 FY 2024 Exit Stores 59 65 353 59 353 Revenue from Operations (INR Mn) 555 479 2961 2271 4436 ADS Nigeria (Naira ‘000) 719 898 901 817 840 ADS Nepal (NPR ‘000) 124 140 120 140 133 ADS Thailand (THB
Slide 27: Summary Financials
Summary Financials
Slide 28: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars (INR Million) Q4’FY23 Q3’ FY24 Q4’ FY24 FY23 FY24 Revenue from Operations 7,550 8,431 10,471 29,977 35,563 Other Income 110 46 146 326 326 Total Income 7,660 8,477 10,617 30,303 35,890 Raw Material Cost 2,296 2,478 3,226 8,986 10,566 Gross Profit 5,25
Slide 29: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (INR Million) 31-Mar-23 31-Mar-24 Particulars (Rs. Million) 31-Mar-23 31-Mar-24 Equity Share Capital 1,205 1,206 (a) Property, plant and equipment 9,470 14,995 Other equity 8,499 9,352 (b) Capital work-in-progress 153 110 Non-controlling Interest -62 2,928 (c)
Slide 30: Q4 & FY24 Conference Call details
Devyani International’s Q4 & FY24 Conference Call on Tuesday, May 14, 2024 at 2:30 PM IST Devyani International Limited (DIL), a multi-dimensional comprehensive QSR player in India, will host a conference call for investors and analysts on Tuesday, May 14, 2024 at 2:30 PM IST to discuss its results
Slide 31: About Us
About Us Devyani International Limited (DIL) is the largest franchisee of Yum Brands in India and is among the largest operators of chain quick service restaurants (QSR) in India, on a non-exclusive basis, and operates ~1,780 stores across more than 250 cities in India, Nigeria, Nepal and Thailand,
Slide 32: Thank You!
DEVYANI INTERNATIONAL LIMITED Thank You!