Devyani International Ltd. · NSE:DEVYANI

Devyani International — Q2 FY26 Earnings Presentation

28 slides from Devyani International's earnings presentation, Nov 6, 2025

  1. Slide 1: Regulation 30 filing cover letter to stock exchanges

    Devyani International Limited ________________________________________________________________________________________________________________________________________________________________________________________________________________________________ Corporate Office: Plot No-18, Sector-35, Guru

  2. Slide 2: Q2 FY'26 Results Presentation

    Q2 FY’26 Results Presentation Nov 6th, 2025

  3. 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

  4. Slide 4: Chairman Comments

    CHAIRMAN COMMENTS Q2 saw perhaps the most important policy development for consumers and the retail industry with the transition to GST 2.0 – a historic move to simplify and harmonize the GST framework to a 2-tier structure. While it’s still early to assess the results of this transition, the initia

  5. Slide 5: FY26 Q2 - Business Highlights

    FY26 Q2 - Business Highlights Store expansion led by KFC; International steady ✓ 39 NNUs in Q2. KFC added 30. ✓ Test Launch of Tealive – 6 new stores opened. Seasonally soft quarter impacted by externalities; channel mix stabilizing ✓ KFC India Q2 ADS at 89K with off-premise mix at 46% ✓ PH India Q2

  6. Slide 6: FY26 Q2 – Financial Highlights

    FY26 Q2 – Financial Highlights Continued revenue growth; Consolidated Revenues up +12.6% YoY ✓ Q2 FY26 Consolidated revenues at INR 13,767 Mn. ✓ KFC India achieved INR 5,723 Mn, up +5.3% YoY. PH India revenue at INR 1,860 Mn – flat on YoY basis. ✓ International Business maintained strong growth; Rev

  7. Slide 7: New Store Openings

    NEW STORE OPENINGS Net New Units (NNU) Stores as at Stores as at Stores as at Brand Q2 FY25 Q1 FY26 Q2 FY26 H1 FY25 H1 FY26 31 March 25 30 June 25 30 Sep 25 YUM BRANDS 51 -4 33 75 29 1,326 1,322 1,355 KFC 28 8 30 49 38 696 704 734 PH 23 -12 3 26 -9 630 618 621 FRANCHISEE BRANDS 15 2 2 28 4 220 222 2

  8. Slide 8: Performance Trend – DIL Consolidated

    PERFORMANCE TREND – DIL CONSOLIDATED STORE COUNT (NOS) AT END OF PERIOD REVENUE FROM OPERATIONS GROSS MARGIN 11.9% 69.3% 68.2% 67.8% 69.2% 68.0% 13.7% 12.6% 27,337 *68.3% *68.3% *68.3% 100% 2,145 2,184 13,767 24,441 18,581 13,570 90% 16,924 1,921 80% 12,222 70% 60% 50% 9,252 40% 8,474 9,329 30% 20%

  9. Slide 9: Performance Trend – DIL India

    PERFORMANCE TREND – DIL INDIA STORE COUNT (NOS) AT END OF PERIOD REVENUE FROM OPERATIONS GROSS MARGIN 71.6% 69.6% 69.7% 71.7% 69.6% 11.5% 15.7% 12.1% *69.8% *70.6% *70.2% 18,691 1,767 1,802 13,017 16,755 12,021 9,319 9,371 1,557 8,356 5,983 6,487 6,530 Q2 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q1 FY26 Q2 FY26

  10. Slide 10: Core Brands – KFC – India

    Cc 9.9 290 rs, EPIC SAVERS : ff — 7 STRIPS + 2 HOT & CRISPY Core Brands — KFC — India

  11. Slide 11: Q2 New Stores

    Q2 New Stores Sagar Rd, Miryalaguda, Telengana Majitar Sikim Kunjaban, Agartala, Tripura Vioray Mall Deoghar , Jharkhand

  12. Slide 12: Business Performance – KFC India

    BUSINESS PERFORMANCE – KFC INDIA REVENUE AND SALES MIX ADS AND SSSG Stores SSSG% 645 704 734 645 734 -7.0% -0.7% -4.2% -7.1% -2.4% 100 94 5,434 6,126 5,723 10,980 11,849 96 98 89 42% 46% 46% 41% 46% Off-Premise On-Premise 58% 54% 54% 59% 54% Q2 FY25 Q1 FY26 Q2 FY26 H1 FY25 H1 FY26 Q2 FY25 Q1 FY26 Q2

  13. Slide 13: KFC Marketing Campaigns

    KFC MARKETING CAMPAIGNS KFC KFC ase INDIA'S FIRST smony § AG 89 “69. GRILLED FULL LEG PIECE 2.299 IN, Fa aE qarParé weW ci ‘s unmeo nme orren-om ar" 729) nes WALKIN FOR EPIC DEALS z — i SAVE 3, TUL 5* ocr

  14. Slide 14: Core Brands – Pizza Hut – India

    Core Brands – Pizza Hut – India 13

  15. Slide 15: Q2 New Stores

    Q2 New Stores Menu Square JP Nagar, Bannerughatta, Bangalore Sardar Patel Marg, Civil Lines, Prayagraj, Uttar Pradesh Sector-19 D Chandigarh, Punjab Orchid Mall Gulbarga, Brhampur, Kalaburagi

  16. Slide 16: Business Performance – PH India

    BUSINESS PERFORMANCE – PH INDIA Revenue and Sales mix ADS and SSSG 593 618 621 593 621 Stores SSSG% -5.7% -4.2% -4.1% -7.1% -4.1% 1,848 1,873 1,860 3,667 3,733 35 33 33 36 33 56% 55% 55% 55% 55% Off-Premise On-Premise 44% 45% 45% 45% 45% Q2 FY25 Q1 FY26 Q2 FY26 H1 FY25 H1 FY26 Q2 FY25 Q1 FY26 Q2 FY2

  17. Slide 17: PH Marketing Campaigns

    L PH MARKETING CAMPAIGNS d | Pizza Hat S0 ws OFF 4 PIZZA FRID. 2 ON THE ENTIRE MENU

  18. Slide 18: Performance Trend – Franchisee Brands

    PERFORMANCE TREND – FRANCHISEE BRANDS STORE COUNT (NOS) Stores AT (Nos) Count END OF PERIOD ADS (‘000) 222 224 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 207 Costa 27 26 27 26 24 Q2 FY25 Q1 FY26 Q2 FY26 REVENUE RevenueFROM from Operations OPERATIONS Gross Margin BRAND BrandCONTRIBUTION Contribution 75.

  19. Slide 19: Owned Brands - Marketing Campaigns

    OWNED BRANDS- MARKETING CAMPAIGNS 18

  20. Slide 20: Performance Trend – Own Brands

    PERFORMANCE TREND – OWN BRANDS STORE COUNT Stores (NOS) Count AT(Nos) END OF PERIOD ADS (‘000) 201 201 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Vaango 28 24 23 24 23 90 BBK+ 70 70 Q2 FY25 Q1 FY26 Q2 FY26 REVENUE RevenueFROM from Operations OPERATIONS Gross Margin BRAND BrandCONTRIBUTION Contribution

  21. Slide 21: Q2 New Stores: International Business

    Q2 New Stores: International Business Budhanilkantha Municipality, Kathmandu - Nepal Lotus Sukhumvit, Thailand 20 Rama 2 soi 28, Thailand Bangchak Narathiwat. Thailand

  22. Slide 22: Performance Trend – DIL International

    PERFORMANCE TREND – DIL INTERNATIONAL STORE COUNT (NOS) AT END OF PERIOD KFC ADS (‘000) 4.9% Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 364 378 382 Thailand (THB) 55 58 55 56 54 Nigeria (Naira) 1,008 1,064 962 1,006 1,029 Nepal (NPR) 129 152 134 145 162 Q2 FY25 Q1 FY26 Q2 FY26 REVENUE FROM OPERATIONS G

  23. Slide 23: Summary Financials

    Summary Financials

  24. Slide 24: Consolidated Profit & Loss Statement

    CONSOLIDATED PROFIT & LOSS STATEMENT Particulars (INR Million) Q2’ FY25 Q1’ FY26 Q2’ FY26 FY25 H1 FY26 H1 Revenue from Operations 12,221 13,570 13,767 24,441 27,337 Other Income 48 135 51 148 186 Total Income 12,269 13,705 13,819 24,588 27,524 Raw Material Cost 3,747 4,318 4,438 7,517 8,756 Gross Pr

  25. Slide 25: Consolidated Balance Sheet

    CONSOLIDATED BALANCE SHEET Particulars (INR Million) 31-Mar-25 30-Sep-25 Particulars (INR Million) 31-Mar-25 30-Sep-25 Equity Share Capital 1,206 1,233 (a) Property, plant and equipment 16,331 16,714 Other equity 9,738 14,297 (b) Capital work-in-progress 35 85 Non-controlling Interest 3,079 4,055 (c

  26. Slide 26: Devyani International's Q2 FY2026 Conference Call

    Devyani International’s Q2 FY2026 Conference Call on Thursday, 06 November, 2025 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 Thursday, 06 November, 2025 at 2:30 PM IST to discuss

  27. Slide 27: 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 more than 2,000 stores across more than 280 cities in India, Nigeria, Nepal and T

  28. Slide 28: Thank You!

    DEVYANI INTERNATIONAL LIMITED Thank You!

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