Devyani International Ltd. · NSE:DEVYANI
Devyani International — Q1 FY2025 Earnings Presentation
32 slides from Devyani International's earnings presentation, Aug 5, 2024
Slide 1: Exchange filing cover letter
August 5, 2024 To, National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, Block G, C/1, Bandra Kurla Phiroze Jeejeebhoy Towers, Complex, Bandra (E), Mumbai – 400 051 Dalal Street, Mumbai – 400 001 Email: cmlist@nse.co.in Email: corp.relations@bseindia.com Symbol: DEVYANI Security Code: 54
Slide 2: Q1 FY'25 Results Presentation
Q1 FY’25 Results Presentation Aug 5th, 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 DIL added 54 new stores during the quarter, with an aim to reach the consumers in under-penetrated markets and offer an enhanced customer experience and service. With this addition, our total store count has reached 1,836 stores as of June 30, 2024. We remain committed to expanding
Slide 5: Q1 FY25 - Performance Highlights
Q1 FY25 - Performance Highlights Positive store additions Strong Revenue growth 1,836 Stores as of June 30, 2024 Q1 FY25 INR 1,222 Cr; grew by 16.7% QoQ ✓ 54 NNUs in Q1 FY25 ✓ KFC India INR 555 Cr ; +12.3% QoQ ✓ 295 KFC stores in Thailand as of June 30, ✓ PH India INR 182 Cr ; +12.2% QoQ 2024 ✓ Cost
Slide 6: New Store Openings
New Store Openings Net New Units (NNU) Stores as at Stores as at Stores as at Brand Q1 FY24 Q4 FY24 Q1 FY25 FY24 30 June 23 31 March 24 30 June 24 KFC 20 6 21 106 510 596 617 PH 15 2 3 61 521 567 570 Costa 11 25 13 67 123 179 192 Vaango 0 9 9 11 52 63 72 Others 0 0 -2 0 24 24 22 Total India 46 42 44
Slide 7: Core Brands Stores; India – Regional split
Core Brands Stores; India – Regional split As on June 30, 2024 June 30, March 31, June 30, Core Brand Stores 2023 2024 2024 493 501 36% 36% Delhi NCR 210 253 255 North Bangalore 136 163 163 113 272 Kolkata 65 81 82 East 8% 20% Hyderabad 83 90 89 Other Metro Cities 61 69 67 West Total Metros * 555 65
Slide 8: Performance Trend – DIL Consolidated
Performance Trend – DIL Consolidated Net New Units (No’s) Revenue from Operations Gross Margin 70.8% 70.8% 70.6% 69.2% 69.2% 283* 12,219 8,450 7,244 10,471 5,997 5,803 5,954 8,466 8,195 8,431 94 68 47 54 47 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q1 FY24 Q2 FY
Slide 9: Performance Trend – DIL India
Performance Trend – DIL India Net New Units (No’s) Revenue from Operations Gross Margin 71.3% 71.2% 71.3% 72.2% 71.9% 7,964 8,399 89 7,896 7,787 7,516 6,037 5,633 5,545 5,677 5,428 68 46 42 44 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q1 FY24 Q2 FY24 Q3 FY24 Q4
Slide 10: Performance Trend – DIL International
Performance Trend – DIL International Net New Units (No’s) Revenue from Operations Gross Margin 62.8% 62.0% 57.8% 61.4% 63.7% 3,897 288* 2,482 2,961 1,817 580 416 479 364 277 258 1 - 5 10 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24
Slide 11: Core Brands – KFC – India
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Slide 12: Q1 Net New Stores - 21
Q1 Net New Stores - 21 OPUS, GHAZIABAD HARLUR, BANGALORE I-THUM GALLERIA, G.NOIDA KULUSHEKRA, MANGALORE SHYAM NAGAR, KOLKATA COLES ROADA, BANGALORE
Slide 13: Business Performance – KFC India
Business Performance – KFC India Revenue and Sales mix ADS and SSSG 510 540 590 596 617 Stores SSSG -0.9% -3.9% -4.7% -7.1% -7.0% 5,164 5,090 5,243 5,546 117 4,941 109 104 104 93 37% 39% 40% 41% 41% Off-Premise On-Premise 63% 61% 60% 59% 59% Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q1 FY24 Q2 FY24 Q3
Slide 14: KFC Marketing Campaigns
KFC Marketing Campaigns Il dil ° UNLIMITED 2 PEPSI ZERO SUGAR —— OFFER —— CELEBRATE MOTHER S DAY, CHOOSE ANY ZINGER AND THE CRUNCHY MATT GET UNLIMITED PEPS| FREE! oo 3KFC UNLIMITED PEPSI ZERO SUGAR
Slide 15: Core Brands – Pizza Hut – India
Core Brands – Pizza Hut – India 14
Slide 16: Q1 Net New Stores - 3
Q1 Net New Stores - 3 SONAPUR, GUWAHATI KANGRA, HIMACHAL PRADESH BHUNTAR, HIMACHAL PRADESH NAMO GHAT, VARANASI
Slide 17: Business Performance – PH India
Business Performance – PH India Revenue and Sales mix ADS and SSSG 521 535 565 567 570 Stores SSSG -5.3% -10.4% -12.6% -14.0% -8.6% 40 39 1,840 37 36 1,835 1,796 1,621 1,819 32 57% 55% 56% 55% 55% Off-Premise On-Premise 43% 45% 44% 45% 45% Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q1 FY24 Q2 FY24 Q3 F
Slide 18: New Initiatives
New Initiatives QEAT THE HE4y UTIMATE COMBp a THIN Won ‘CRUST “PAD Melis: SQUAD Campus Ambassador Program rs ” [CERTIFICATE << &LOR -— Se] (row thotsa looded offer 5) OPPORTUNITY "| FREEPIZZAHUT] VOUCHERS Bh S MEAL FOR 2 — STARTING AT — sens nner wow ATTENTION: IT'S THE FINALE NIGHT! @ ¥ Bleed Blue
Slide 19: Core Brands – Costa Coffee – India
Core Brands – Costa Coffee – India
Slide 20: Q1 Net New Stores 13
Q1 Net New Stores 13 AIRPORT, GWALIOR AMEX NEW CAMPUS MAX SQUARE, NOIDA LIT BOX, HYDERABAD KANGRA, HIMACHAL PRADESH HARLUR, BANGALORE
Slide 21: Business Performance – Costa India
Business Performance – Costa India Revenue ADS and SSSG 123 146 154 179 192 Stores SSSG 9.4% 8.5% 5.9% 7.3% 0.6% 451 455 397 33 35 31 33 346 324 28 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Gross Margin Brand Contribution 77.3% 76.3% 77.2% 76.7% 75.0% 20.9% 14.6
Slide 22: Marketing Initiatives
Marketing Initiatives @ dil 6) Instagram © Reels COSTA COFFEE PERFECT FRIDAY _OFFER— ‘Any Food or Beverage Sx Py Take summer chilling to the next level with c the new Iced Spanish Latte, a conden © Sponsored 71 Original audio
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Slide 24: Q1 Net New Stores 9
Q1 Net New Stores 9 AMBIENCE MALL, GURGAON ESPLANADE, GURGAON PATIA, BHUBANESWAR KANGRA, HIMACHAL PRADESH BAGDOGRA AIRPORT BHUNTAR, HIMACHAL PRADESH
Slide 25: Business Performance – Vaango India
Business Performance – Vaango India Revenue ADS and SSSG 52 53 54 63 72 Stores SSSG 8.2% 13.7% -3.0% 2.1% 3.5% 172 32 30 30 30 30 152 145 155 141 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Gross Margin Brand Contribution 79.3% 79.4% 79.3% 80.0% 80.6% 24.6% 22.6%
Slide 26: Vaango Marketing Campaigns
Vaango Marketing Campaigns 25
Slide 27: DIL International: Nigeria, Nepal, Thailand
DIL International Nigeria Nepal Thailand 40 Stores 28 Stores 295 Stores Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Exit Stores 60 60 65 353 363 Revenue from Operations (INR Mn) 580 416 479 2961 3897 ADS Nigeria (Naira ‘000) 764 792 898 901 1064 ADS Nepal (NPR ‘000) 142 134 140 120 126 26 ADS Thailand (
Slide 28: Summary Financials
Summary Financials
Slide 29: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars (INR Million) Q1’FY24 Q4’ FY24 Q1’ FY25 FY23 FY24 Revenue from Operations 8,466 10,471 12,219 29,977 35,563 Other Income 68 146 99 326 326 Total Income 8,535 10,617 12,318 30,303 35,890 Raw Material Cost 2,468 3,226 3,769 8,986 10,566 Gross Profit 5,9
Slide 30: Q1 FY2025 Conference Call
Devyani International’s Q1 FY2025 Conference Call on Monday, August 05, 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 Monday, August 05, 2024 at 2:30 PM IST to discuss its resu
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 ~1,830 stores across more than 250 cities in India, Nigeria, Nepal and Thailand,
Slide 32: Thank You!
DEVYANI INTERNATIONAL LIMITED Thank You!
Devyani International — Q1 FY2025 Earnings Presentation on 6ix