Devyani International Ltd. · NSE:DEVYANI
Devyani International — Q3 FY2026 Earnings Presentation
31 slides from Devyani International's earnings presentation, Feb 4, 2026
Slide 1: Regulation 30 filing cover letter to stock exchanges
February 4, 2026 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:
Slide 2: Q3 FY'26 Results Presentation
Q3 FY’26 Results Presentation Feb 4th, 2026 Garden Reach , Kolkata
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 We continue to invest in and steadily expand our core business. In India, new store openings accelerated during the quarter with 54 net new KFC outlets. While we added 18 net stores to Pizza Hut in this quarter, on a cumulative basis during the calendar year 2025 we have not added
Slide 5: FY26 Q3 - Business Highlights
FY26 Q3 - BUSINESS HIGHLIGHTS Strong store addition with 95 NNUs in the quarter ✓ 54 NNUs in KFC. 17 NNUs in Own Brands, of which 13 in Skygate (BBK). Overall, India added 75 NNUs ✓ 20 NNUs in International business – 17 in Thailand and 3 in Nepal BBK turn-around achieved before target! ✓ BBK achiev
Slide 6: FY26 Q3 - Performance Highlights
FY26 Q3 - PERFORMANCE HIGHLIGHTS Store snapshot Continued Revenue growth ✓ 2,279 Stores as of Dec 31, 2025 Q3 FY26 INR 14,409 Mn; +11.3% vs Q3 FY25 ✓ KFC India INR 6,032Mn ; +5.9% vs Q3 FY25 ✓ India – 1,877 ; International – 402 ✓ India Revenue INR 9,782 Mn ; +12.1% vs Q3 FY25 ✓ KFC – 1,174; PH – 64
Slide 7: New Store Openings and Store Count
NEW STORE OPENINGS AND STORE COUNT Net New Units (NNU) Stores as at Stores as at Brand Q3 FY25 Q2 FY26 Q3 FY26 YTD FY25 YTD FY26 31 March 25 31 Dec 25 YUM BRANDS 95 33 72 170 101 1,326 1,427 KFC 44 30 54 93 92 696 788 PH 51 3 18 77 9 630 639 FRANCHISEE BRANDS 2 2 -13 30 -9 220 211 OWN BRANDS 4 0 17
Slide 8: Performance Trend – DIL Consolidated
PERFORMANCE TREND – DIL CONSOLIDATED ALL FIGURES IN INR MILLION, UNLESS SPECIFIED STORE COUNT (NOS) AT END OF PERIOD REVENUE FROM OPERATIONS GROSS MARGIN 11.7% 68.7% 67.8% 68.9% 69.1% 68.0% 68.3% 12.2% 11.3% 41,746 28,510 30,000 2,184 2,279 37,385 25,816 2,032 25,000 9,329 9,928 14,409 27,337 8,892
Slide 9: Performance Trend – DIL India
PERFORMANCE TREND – DIL INDIA All figures in INR Million, unless specified STORE COUNT (NOS) AT END OF PERIOD REVENUE FROM OPERATIONS GROSS MARGIN 13.2% 11.7% 71.2% 69.7% 71.0% 71.6% 69.6% 70.1% 12.1% 28,473 25,000 1,877 25,481 1,802 19,960 1,658 18,237 20,000 18,691 6,943 9,371 9,782 6,530 8,726 6,
Slide 10: Performance Trend – DIL International
PERFORMANCE TREND – DIL INTERNATIONAL STORE COUNT (NOS) AT END OF PERIOD KFC ADS (‘000) 7.5% Q3 FY25 Q1 FY26 Q2 FY26 Q3 FY26 374 382 402 Thailand (THB) 58 56 54 54 Nigeria (Naira) 1,064 1,006 1,029 1,061 Nepal (NPR) 152 145 162 180 Q3 FY25 Q2 FY26 Q3 FY26 REVENUE FROM OPERATIONS GROSS MARGIN BRAND C
Slide 11: Core Brands – KFC – India
KFC Hotel Vivera Narketpalle Core Brands – KFC – India
Slide 12: Q3 New Stores
Q3 NEW STORES Piravom Pazhoor, Pirovam, Kerala KFC Indiranagar CMH Road , Bengaluru KFC Surathkal Mangalore, Karnataka Entertainland Mall Sector 83 Gurugram
Slide 13: Business Performance – KFC India
BUSINESS PERFORMANCE – KFC INDIA All figures in INR Million, unless specified REVENUE AND SALES MIX ADS’000 AND SSSG 689 734 788 689 734 788 Stores SSSG% -4.4% -4.2% -2.9% -6.4% -2.4% -2.4% 5,698 5,723 6,032 16,678 11,849 17,881 98 94 92 96 89 90 42% 46% 45% 42% 46% 46% Off-Premise On-Premise 58% 54
Slide 14: KFC Marketing Campaigns
KFC MARKETING CAMPAIGNS KFC KFC INDIA’S FIRST CHANA BURGER SMOKY og | GRILLED g. i Fe aI HA PATA ate KFC’ WALK IN FOR EPIC DEALS ms
Slide 15: Core Brands – Pizza Hut – India
Core Brands – Pizza Hut – India 14
Slide 16: Q3 New Stores
Q3 NEW STORES Hastinapuram, Hyderabad Crystal Mall, Jaipur Mantri Junction, Bangalore BOHRR PLAZA, LUDHIANA , PUNJAB The Empire, Gedi Route, Patiala DOWNTOWN, MEERUT, UP
Slide 17: Business Performance – PH India
BUSINESS PERFORMANCE – PH INDIA All figures in INR Million, unless specified Revenue and Sales mix ADS’000 and SSSG 644 621 639 644 621 639 Stores SSSG% -0.8% -4.1% -5.2% -4.1% -5.8% -9.1% 1,902 1,860 1,781 5,568 3,733 5,514 35 35 33 31 33 32 54% 55% 52% 55% 55% 54% Off-Premise On-Premise 46% 45% 48
Slide 18: PH Marketing Campaigns
PH MARKETING CAMPAIGNS
Slide 19: Performance Trend – Own Brands
PERFORMANCE TREND – OWN BRANDS All figures in INR Million, unless specified STORE COUNT (NOS) AT END OF PERIOD ADS (‘000) 218 201 Q3 FY25 Q2 FY26 Q3 FY26 Vaango 24 23 22 94 BBK+ 70 78 Q3 FY25 Q2 FY26 Q3 FY26 REVENUE RevenueFROM from Operations OPERATIONS Gross Margin BRAND BrandCONTRIBUTION Contribu
Slide 20: Performance Trend – Vaango
PERFORMANCE TREND – Vaango All figures in INR Million, unless specified Revenue and Sales mix ADS and SSSG 94 99 103 94 99 103 Stores SSSG% 9.6% -4.2% -0.9% 8.1% -2.4% -1.9% * 562 597 24 27 23 22 23 23 404 198 193 204 Q3 FY25 Q2 FY26 Q3 FY26 Q3 YTD Q2 YTD Q3 YTD FY25 FY26 FY26 Q3 FY25 Q2 FY26 Q3 FY2
Slide 21: Performance Trend – Sky-Gate
PERFORMANCE TREND – SKY-GATE* All figures in INR Million, unless specified Revenue and Sales mix ADS and SSSG 102 115 115 Stores SSSG% -10.4% 1.1% -5.3% 1,552 78 73 70 733 668 Q2 FY26 Q3 FY26 Q3 YTD FY26 Q2 FY26 Q3 FY26 Q3 YTD FY26 Gross Margin Brand Contribution 57.9% 60.0% 58.9% -2.6% 7.8% 1.8% 91
Slide 22: Performance Trend – Franchisee Brands
PERFORMANCE TREND – FRANCHISEE BRANDS All figures in INR Million, unless specified STORE COUNT (NOS) AT END OF PERIOD ADS (‘000) 224 211 Q3 FY25 Q2 FY26 Q3 FY26 209 Costa 26 24 27 Q3 FY25 Q2 FY26 Q3 FY26 REVENUE RevenueFROM from Operations OPERATIONS Gross Margin BRAND BrandCONTRIBUTION Contribution
Slide 23: 5 Year Journey
5 YEAR JOURNEY
Slide 24: Performance Trend – Consolidated Yearly Trend
PERFORMANCE TREND –CONSOLIDATED YEARLY TREND ALL FIGURES IN INR MILLION, UNLESS SPECIFIED STORE COUNT (NOS) AT END OF PERIOD REVENUE FROM OPERATIONS 2,279 2,039 49,511 1,782 41,746 35,563 1,243 29,977 938 20,840 692 11,348 FY21 FY22 FY23 FY24 FY25 Q3 YTD FY26 FY21 FY22 FY23 FY24 FY25 Q3 YTD FY26 CAG
Slide 25: Business Performance – KFC Yearly India
BUSINESS PERFORMANCE – KFC YEARLY INDIA All figures in INR Million, unless specified REVENUE AND SALES MIX ADS’000 AND SSSG 264 364 490 596 696 788 Stores SSSG% -33.7% 49.4% 16.0% -4.6% -6.4% -2.4% 12,189 17,714 20,437 21,787 117 6,443 17,881 113 105 100 94 37% 44% 36% 39% 43% 92 46% Off-Premise On-
Slide 26: Business Performance – PH Yearly India
BUSINESS PERFORMANCE – PH YEARLY INDIA All figures in INR Million, unless specified Revenue and Sales mix ADS’000 and SSSG 297 413 506 567 630 639 Stores SSSG% -30.3% 45.4% 4.4% -10.9% -3.8% -5.8% 2,879 5,318 6,997 7,092 7,322 43 5,514 42 37 35 34 32 57% 63% 56% 56% 55% 54% Off-Premise On-Premise 43
Slide 27: Summary Financials
Summary Financials
Slide 28: Consolidated Profit & Loss Statement
CONSOLIDATED PROFIT & LOSS STATEMENT Particulars (INR Million) Q3’ FY25 Q2’ FY26 Q3’ FY26 FY25 YTD Dec-24 FY26 YTD Dec-25 Revenue from Operations 12,944 13,767 14,409 37,385 41,746 Other Income 91 51 123 238 310 Total Income 13,035 13,819 14,532 37,623 42,056 Raw Material Cost 4,052 4,438 4,481 11,5
Slide 29: Q3 & 9M FY2026 Conference Call
Devyani International’s Q3 & 9M FY2026 Conference Call on Wednesday, 04 February 2026 at 2:30 PM IST Devyani International Limited (DIL), among the largest QSR players in India, will host a conference call for investors and analysts on Wednesday, 04 February 2026 at 2:30 PM IST to discuss its result
Slide 30: About Us
About Us Devyani International Limited is one of India’s largest chain quick service restaurant (QSR) operators, with a network of over 2,000 stores across more than 280 cities in India, Thailand, Nigeria, and Nepal. The Company’s portfolio represents a compelling blend of iconic global brands and s
Slide 31: Thank You!
DEVYANI INTERNATIONAL LIMITED Thank You!
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