Devyani International Ltd.
•₹ 144.4-2.29%
2026-08-21
PROS
- Latest quarter profit grew 667.7% YoY, showing strong momentum
- Company has delivered good sales growth of 37.7% CAGR over last 5 years
- Company generates healthy free cash flow
CONS
- Company is loss-making at the operating / net level
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -40.82x)
- Receivables are growing faster than sales - a possible quality concern
- Company has a low return on equity of -1.6% over last 3 years
- Interest coverage is weak at 0.8x - earnings barely cover interest
- Company has a low return on capital employed of 11.9%
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | NESTLEIND | 1469.90 | 74.37 | 283442.92 | 0.82 | 9586.80 | 1382.67 | 63781.80 | 1157.04 | 98.35 | 23.86 |
| 2. | VBL | 432.75 | 43.23 | 146376.17 | 0.35 | 1525.36 | 15.08 | 8650.57 | 20.77 | 20.73 | 27.04 |
| 3. | BRITANNIA | 5410.00 | 50.04 | 130309.75 | 1.67 | 593.38 | 14.08 | 4999.97 | 10.26 | 56.48 | 16.77 |
| 4. | JUBLFOOD | 495.90 | 75.40 | 32721.72 | 0.24 | 100.03 | 6.03 | 2569.65 | 13.66 | 25.56 | 19.77 |
| 5. | HATSUN | 931.75 | 59.58 | 20754.57 | 1.72 | 60.58 | — | 2363.72 | 17.61 | 14.60 | 10.81 |
| 6. | DEVYANI | 142.85 | 0.00 | 17612.54 | 0.00 | 17.10 | 667.68 | 1580.52 | 16.47 | 8.98 | 16.09 |
| 7. | ZYDUSWELL | 492.95 | 83.34 | 15683.73 | 0.24 | 118.90 | -7.04 | 1437.00 | 67.54 | 4.42 | 16.82 |
| 8. | MILKYMIST | 199.55 | 120.95 | 15362.23 | 0.00 | — | — | — | — | 13.79 | — |
| 9. | BIKAJI | 609.25 | 59.09 | 15276.12 | 0.21 | 59.47 | 1.62 | 734.26 | 15.26 | 21.65 | 13.48 |
| 10. | LTFOODS | 429.90 | 23.31 | 14928.40 | 0.70 | 1834.46 | 988.67 | 31518.31 | 1179.20 | 21.42 | 11.26 |
| 11. | MANORAMA | 1924.70 | 49.26 | 12149.17 | 0.04 | 78.66 | 67.55 | 404.01 | 39.53 | 19.70 | 26.29 |
| 12. | KRBL | 399.75 | 12.07 | 9149.87 | 1.13 | 260.74 | 73.16 | 1495.86 | -5.59 | 11.92 | 20.56 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 847 | 819 | 843 | 1,047 | 1,222 | 1,222 | 1,294 | 1,213 | 1,357 | 1,377 | 1,441 | 1,437 | 1,581 | |
| 721 | 665 | 697 | 917 | 1,006 | 1,026 | 1,081 | 1,027 | 1,151 | 1,188 | 1,210 | 1,217 | 1,577 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 7 | 7 | 5 | 14 | 10 | 5 | 9 | 13 | 14 | 8 | 12 | 14 | 19 |
| Interest | 40 | 42 | 48 | 57 | 63 | 65 | 67 | 70 | 67 | 69 | 70 | 70 | 70 |
| Depreciation | 80 | 86 | 93 | 126 | 132 | 139 | 147 | 152 | 150 | 155 | 167 | 182 | 180 |
| 13 | 19 | 10 | -38 | 31 | -4 | 9 | -22 | 3 | -27 | -15 | -18 | 23 | |
| Tax % | 112.35% | -88.38% | 47.62% | -28.85% | 26.53% | -25.90% | 187.59% | 25.26% | 16.88% | 19.56% | 33.29% | 26.22% | 25.38% |
| Net Profit | 0 | 0 | 0 | 0 | 22 | -5 | -8 | -17 | 2 | -24 | -11 | -10 | 17 |
| 0 | 0 | 0 | -0 | 0 | 0 | 0 | -0 | 0 | -0 | -0 | -0 | 0 | |
| Equity Capital | 121 | 121 | 121 | 121 | 121 | 121 | 121 | 121 | 123 | 123 | 123 | 123 | 123 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 121 | 121 | 121 | 121 | 121 | 121 | 121 | 121 | 123 | 123 | 123 | 123 | 123 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 847
- 721
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 40
- Depreciation
- 80
- 13
- Tax %
- 112.35%
- Net Profit
- 0
- 0
- Equity Capital
- 121
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 121
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 819
- 665
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 42
- Depreciation
- 86
- 19
- Tax %
- -88.38%
- Net Profit
- 0
- 0
- Equity Capital
- 121
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 121
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 843
- 697
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 48
- Depreciation
- 93
- 10
- Tax %
- 47.62%
- Net Profit
- 0
- 0
- Equity Capital
- 121
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 121
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 1,047
- 917
- Operating Profit
- —
- OPM %
- —
- Other Income
- 14
- Interest
- 57
- Depreciation
- 126
- -38
- Tax %
- -28.85%
- Net Profit
- 0
- -0
- Equity Capital
- 121
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 121
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 1,222
- 1,006
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 63
- Depreciation
- 132
- 31
- Tax %
- 26.53%
- Net Profit
- 22
- 0
- Equity Capital
- 121
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 121
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 1,222
- 1,026
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 65
- Depreciation
- 139
- -4
- Tax %
- -25.90%
- Net Profit
- -5
- 0
- Equity Capital
- 121
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 121
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 1,294
- 1,081
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 67
- Depreciation
- 147
- 9
- Tax %
- 187.59%
- Net Profit
- -8
- 0
- Equity Capital
- 121
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 121
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 1,213
- 1,027
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 70
- Depreciation
- 152
- -22
- Tax %
- 25.26%
- Net Profit
- -17
- -0
- Equity Capital
- 121
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 121
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 1,357
- 1,151
- Operating Profit
- —
- OPM %
- —
- Other Income
- 14
- Interest
- 67
- Depreciation
- 150
- 3
- Tax %
- 16.88%
- Net Profit
- 2
- 0
- Equity Capital
- 123
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 123
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 1,377
- 1,188
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 69
- Depreciation
- 155
- -27
- Tax %
- 19.56%
- Net Profit
- -24
- -0
- Equity Capital
- 123
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 123
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 1,441
- 1,210
- Operating Profit
- —
- OPM %
- —
- Other Income
- 12
- Interest
- 70
- Depreciation
- 167
- -15
- Tax %
- 33.29%
- Net Profit
- -11
- -0
- Equity Capital
- 123
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 123
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 1,437
- 1,217
- Operating Profit
- —
- OPM %
- —
- Other Income
- 14
- Interest
- 70
- Depreciation
- 182
- -18
- Tax %
- 26.22%
- Net Profit
- -10
- -0
- Equity Capital
- 123
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 123
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 1,581
- 1,577
- Operating Profit
- —
- OPM %
- —
- Other Income
- 19
- Interest
- 70
- Depreciation
- 180
- 23
- Tax %
- 25.38%
- Net Profit
- 17
- 0
- Equity Capital
- 123
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 123
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,047 | 1,111 | 1,357 | 1,516 | 1,135 | 2,084 | 2,998 | 3,556 | 4,951 | 5,611 | 5,835 | |
| 1,004 | 1,015 | 1,308 | 1,268 | 946 | 1,617 | 2,343 | 2,997 | 4,138 | 4,771 | 5,191 | |
| Operating Profit | 52 | 121 | 58 | 273 | 252 | 490 | 690 | 591 | 850 | 897 | — |
| OPM % | 5 | 11 | 4 | 18 | 22 | 24 | 23 | 17 | 17 | 16 | — |
| Other Income | 9 | 25 | 9 | 24 | 64 | 23 | 35 | 32 | 37 | 56 | 54 |
| Interest | 94 | 34 | 40 | 161 | 151 | 129 | 149 | 189 | 267 | 278 | 279 |
| Depreciation | 137 | 55 | 83 | 223 | 229 | 221 | 279 | 385 | 570 | 654 | 685 |
| -178 | 30 | -65 | -77 | -82 | 123 | 242 | 4 | 13 | -57 | -37 | |
| Tax % | -1 | -3 | -2 | -2 | 1 | -26 | -9 | 363 | 154 | 25 | 25 |
| Net Profit | -180 | 31 | -66 | -79 | -81 | 155 | 263 | -10 | -7 | -43 | -27 |
| EPS | -11 | 4 | -5 | -1 | -0 | 1 | 2 | 0 | 0 | -0 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 60 | 15 | 18 | -0 | 8 | 1 | 2 | 57 | 16 | 4 | -22 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 |
| Adjusted EPS | -1 | 0 | -0 | -1 | -0 | 1 | 2 | 0 | 0 | -0 | — |
| Minority Interest | 60 | 15 | 18 | -0 | 8 | 1 | 2 | 57 | 16 | 4 | -22 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 |
| Adjusted EPS | -1 | 0 | -0 | -1 | -0 | 1 | 2 | 0 | 0 | -0 | — |
Mar 2017
- 1,047
- 1,004
- Operating Profit
- 52
- OPM %
- 5
- Other Income
- 9
- Interest
- 94
- Depreciation
- 137
- -178
- Tax %
- -1
- Net Profit
- -180
- EPS
- -11
- Dividend Payout %
- 0
- Minority Interest
- 60
- Share of Associates
- 0
- Adjusted EPS
- -1
- Minority Interest
- 60
- Share of Associates
- 0
- Adjusted EPS
- -1
Mar 2018
- 1,111
- 1,015
- Operating Profit
- 121
- OPM %
- 11
- Other Income
- 25
- Interest
- 34
- Depreciation
- 55
- 30
- Tax %
- -3
- Net Profit
- 31
- EPS
- 4
- Dividend Payout %
- 0
- Minority Interest
- 15
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 15
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2019
- 1,357
- 1,308
- Operating Profit
- 58
- OPM %
- 4
- Other Income
- 9
- Interest
- 40
- Depreciation
- 83
- -65
- Tax %
- -2
- Net Profit
- -66
- EPS
- -5
- Dividend Payout %
- 0
- Minority Interest
- 18
- Share of Associates
- 0
- Adjusted EPS
- -0
- Minority Interest
- 18
- Share of Associates
- 0
- Adjusted EPS
- -0
Mar 2020
- 1,516
- 1,268
- Operating Profit
- 273
- OPM %
- 18
- Other Income
- 24
- Interest
- 161
- Depreciation
- 223
- -77
- Tax %
- -2
- Net Profit
- -79
- EPS
- -1
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- -1
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- -1
Mar 2021
- 1,135
- 946
- Operating Profit
- 252
- OPM %
- 22
- Other Income
- 64
- Interest
- 151
- Depreciation
- 229
- -82
- Tax %
- 1
- Net Profit
- -81
- EPS
- -0
- Dividend Payout %
- 0
- Minority Interest
- 8
- Share of Associates
- 0
- Adjusted EPS
- -0
- Minority Interest
- 8
- Share of Associates
- 0
- Adjusted EPS
- -0
Mar 2022
- 2,084
- 1,617
- Operating Profit
- 490
- OPM %
- 24
- Other Income
- 23
- Interest
- 129
- Depreciation
- 221
- 123
- Tax %
- -26
- Net Profit
- 155
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 1
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 1
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2023
- 2,998
- 2,343
- Operating Profit
- 690
- OPM %
- 23
- Other Income
- 35
- Interest
- 149
- Depreciation
- 279
- 242
- Tax %
- -9
- Net Profit
- 263
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 2
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 2
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2024
- 3,556
- 2,997
- Operating Profit
- 591
- OPM %
- 17
- Other Income
- 32
- Interest
- 189
- Depreciation
- 385
- 4
- Tax %
- 363
- Net Profit
- -10
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 57
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 57
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2025
- 4,951
- 4,138
- Operating Profit
- 850
- OPM %
- 17
- Other Income
- 37
- Interest
- 267
- Depreciation
- 570
- 13
- Tax %
- 154
- Net Profit
- -7
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 16
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 16
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2026
- 5,611
- 4,771
- Operating Profit
- 897
- OPM %
- 16
- Other Income
- 56
- Interest
- 278
- Depreciation
- 654
- -57
- Tax %
- 25
- Net Profit
- -43
- EPS
- -0
- Dividend Payout %
- 0
- Minority Interest
- 4
- Share of Associates
- 0
- Adjusted EPS
- -0
- Minority Interest
- 4
- Share of Associates
- 0
- Adjusted EPS
- -0
TTM
- 5,835
- 5,191
- Operating Profit
- —
- OPM %
- —
- Other Income
- 54
- Interest
- 279
- Depreciation
- 685
- -37
- Tax %
- 25
- Net Profit
- -27
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- -22
- Share of Associates
- -0
- Adjusted EPS
- —
- Minority Interest
- -22
- Share of Associates
- -0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 19%
- 5 Years:
- 38%
- 3 Years:
- 23%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- 5%
- 3 Years:
- -9%
- 1 Year:
- -13%
RETURN ON EQUITY
- 10 Years:
- -11%
- 5 Years:
- 13%
- 3 Years:
- -2%
- Last Year:
- -3%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 106 | 106 | 106 | 106 | 115 | 120 | 120 | 121 | 121 | 123 |
| -30 | 22 | -36 | -305 | -3 | 561 | 833 | 911 | 966 | 1,415 | |
| 8 | 41 | 136 | 173 | 77 | 0 | 1 | 29 | 33 | 48 | |
| Trade Payables | 114 | 128 | 137 | 163 | 162 | 196 | 242 | 376 | 441 | 615 |
| 398 | 428 | 433 | 1,739 | 1,308 | 1,336 | 1,693 | 3,445 | 3,721 | 4,548 | |
| Total Liabilities | 596 | 725 | 776 | 1,876 | 1,659 | 2,214 | 2,889 | 4,881 | 5,281 | 6,750 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 402 | 445 | 537 | 1,594 | 1,347 | 1,720 | 2,391 | 4,190 | 4,596 | 5,668 | |
| Capital Work in Progress | 15 | 56 | 12 | 14 | 14 | 7 | 15 | 11 | 3 | 8 |
| 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | |
| 34 | 45 | 55 | 72 | 62 | 85 | 129 | 131 | 148 | 165 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 53 | 41 | 64 | |
| Cash & Bank | 37 | 45 | 27 | 16 | 41 | 66 | 85 | 181 | 181 | 495 |
| 103 | 134 | 146 | 180 | 195 | 336 | 268 | 316 | 309 | 348 | |
| Total Assets | 596 | 725 | 776 | 1,876 | 1,659 | 2,214 | 2,889 | 4,881 | 5,281 | 6,750 |
| Total Debt | 306 | 372 | 488 | 544 | 463 | 132 | 77 | 910 | 932 | 1,360 |
| Net Working Capital | -164 | -152 | -198 | -435 | -256 | -84 | -223 | -450 | -639 | -819 |
| Contingent Liabilities | 11 | 13 | 18 | 26 | 27 | 49 | 50 | 32 | 35 | 37 |
| Book Value per Share | 7.19 | 12.06 | 6.64 | -18.77 | 0.97 | 5.66 | 7.92 | 8.55 | 9.01 | 12.48 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 306 | 372 | 488 | 544 | 463 | 132 | 77 | 910 | 932 | 1,360 |
| Net Working Capital | -164 | -152 | -198 | -435 | -256 | -84 | -223 | -450 | -639 | -819 |
| Contingent Liabilities | 11 | 13 | 18 | 26 | 27 | 49 | 50 | 32 | 35 | 37 |
| Book Value per Share | 7.19 | 12.06 | 6.64 | -18.77 | 0.97 | 5.66 | 7.92 | 8.55 | 9.01 | 12.48 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Mar 2017
- Equity Capital
- 106
- -30
- 8
- Trade Payables
- 114
- 398
- Total Liabilities
- 596
- 402
- Capital Work in Progress
- 15
- 4
- 34
- 0
- Cash & Bank
- 37
- 103
- Total Assets
- 596
- Total Debt
- 306
- Net Working Capital
- -164
- Contingent Liabilities
- 11
- Book Value per Share
- 7.19
- Face Value
- 10.00
- Total Debt
- 306
- Net Working Capital
- -164
- Contingent Liabilities
- 11
- Book Value per Share
- 7.19
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 106
- 22
- 41
- Trade Payables
- 128
- 428
- Total Liabilities
- 725
- 445
- Capital Work in Progress
- 56
- 0
- 45
- 0
- Cash & Bank
- 45
- 134
- Total Assets
- 725
- Total Debt
- 372
- Net Working Capital
- -152
- Contingent Liabilities
- 13
- Book Value per Share
- 12.06
- Face Value
- 10.00
- Total Debt
- 372
- Net Working Capital
- -152
- Contingent Liabilities
- 13
- Book Value per Share
- 12.06
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 106
- -36
- 136
- Trade Payables
- 137
- 433
- Total Liabilities
- 776
- 537
- Capital Work in Progress
- 12
- 0
- 55
- 0
- Cash & Bank
- 27
- 146
- Total Assets
- 776
- Total Debt
- 488
- Net Working Capital
- -198
- Contingent Liabilities
- 18
- Book Value per Share
- 6.64
- Face Value
- 10.00
- Total Debt
- 488
- Net Working Capital
- -198
- Contingent Liabilities
- 18
- Book Value per Share
- 6.64
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 106
- -305
- 173
- Trade Payables
- 163
- 1,739
- Total Liabilities
- 1,876
- 1,594
- Capital Work in Progress
- 14
- 0
- 72
- 0
- Cash & Bank
- 16
- 180
- Total Assets
- 1,876
- Total Debt
- 544
- Net Working Capital
- -435
- Contingent Liabilities
- 26
- Book Value per Share
- -18.77
- Face Value
- 10.00
- Total Debt
- 544
- Net Working Capital
- -435
- Contingent Liabilities
- 26
- Book Value per Share
- -18.77
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 115
- -3
- 77
- Trade Payables
- 162
- 1,308
- Total Liabilities
- 1,659
- 1,347
- Capital Work in Progress
- 14
- 0
- 62
- 0
- Cash & Bank
- 41
- 195
- Total Assets
- 1,659
- Total Debt
- 463
- Net Working Capital
- -256
- Contingent Liabilities
- 27
- Book Value per Share
- 0.97
- Face Value
- 1.00
- Total Debt
- 463
- Net Working Capital
- -256
- Contingent Liabilities
- 27
- Book Value per Share
- 0.97
- Face Value
- 1.00
Mar 2022
- Equity Capital
- 120
- 561
- 0
- Trade Payables
- 196
- 1,336
- Total Liabilities
- 2,214
- 1,720
- Capital Work in Progress
- 7
- 0
- 85
- 0
- Cash & Bank
- 66
- 336
- Total Assets
- 2,214
- Total Debt
- 132
- Net Working Capital
- -84
- Contingent Liabilities
- 49
- Book Value per Share
- 5.66
- Face Value
- 1.00
- Total Debt
- 132
- Net Working Capital
- -84
- Contingent Liabilities
- 49
- Book Value per Share
- 5.66
- Face Value
- 1.00
Mar 2023
- Equity Capital
- 120
- 833
- 1
- Trade Payables
- 242
- 1,693
- Total Liabilities
- 2,889
- 2,391
- Capital Work in Progress
- 15
- 0
- 129
- 0
- Cash & Bank
- 85
- 268
- Total Assets
- 2,889
- Total Debt
- 77
- Net Working Capital
- -223
- Contingent Liabilities
- 50
- Book Value per Share
- 7.92
- Face Value
- 1.00
- Total Debt
- 77
- Net Working Capital
- -223
- Contingent Liabilities
- 50
- Book Value per Share
- 7.92
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 121
- 911
- 29
- Trade Payables
- 376
- 3,445
- Total Liabilities
- 4,881
- 4,190
- Capital Work in Progress
- 11
- 0
- 131
- 53
- Cash & Bank
- 181
- 316
- Total Assets
- 4,881
- Total Debt
- 910
- Net Working Capital
- -450
- Contingent Liabilities
- 32
- Book Value per Share
- 8.55
- Face Value
- 1.00
- Total Debt
- 910
- Net Working Capital
- -450
- Contingent Liabilities
- 32
- Book Value per Share
- 8.55
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 121
- 966
- 33
- Trade Payables
- 441
- 3,721
- Total Liabilities
- 5,281
- 4,596
- Capital Work in Progress
- 3
- 1
- 148
- 41
- Cash & Bank
- 181
- 309
- Total Assets
- 5,281
- Total Debt
- 932
- Net Working Capital
- -639
- Contingent Liabilities
- 35
- Book Value per Share
- 9.01
- Face Value
- 1.00
- Total Debt
- 932
- Net Working Capital
- -639
- Contingent Liabilities
- 35
- Book Value per Share
- 9.01
- Face Value
- 1.00
Mar 2026
- Equity Capital
- 123
- 1,415
- 48
- Trade Payables
- 615
- 4,548
- Total Liabilities
- 6,750
- 5,668
- Capital Work in Progress
- 8
- 2
- 165
- 64
- Cash & Bank
- 495
- 348
- Total Assets
- 6,750
- Total Debt
- 1,360
- Net Working Capital
- -819
- Contingent Liabilities
- 37
- Book Value per Share
- 12.48
- Face Value
- 1.00
- Total Debt
- 1,360
- Net Working Capital
- -819
- Contingent Liabilities
- 37
- Book Value per Share
- 12.48
- Face Value
- 1.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 90 | 91 | 76 | 301 | 240 | 451 | 637 | 592 | 900 | 919 | |
| Cash from Investing | -66 | -141 | -168 | -97 | -359 | -375 | -350 | -1,551 | -462 | -440 |
| Cash from Financing | -32 | 56 | 71 | -223 | 142 | -58 | -283 | 889 | -425 | -197 |
| -8 | 6 | -20 | -19 | 23 | 17 | 5 | -69 | 13 | 282 | |
| Free Cash Flow | 90 | -35 | -71 | -932 | 240 | -156 | -288 | -2,217 | -76 | -955 |
| OCF / Net Profit | -0.50 | 2.92 | -1.15 | -3.82 | -2.95 | 2.90 | 2.43 | -61.38 | -130.47 | -21.61 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -708 | -954 | -1,207 | -3,352 | -2,497 | -3,691 |
| OCF / Net Profit | -0.50 | 2.92 | -1.15 | -3.82 | -2.95 | 2.90 | 2.43 | -61.38 | -130.47 | -21.61 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -708 | -954 | -1,207 | -3,352 | -2,497 | -3,691 |
Mar 2017
- 90
- Cash from Investing
- -66
- Cash from Financing
- -32
- -8
- Free Cash Flow
- 90
- OCF / Net Profit
- -0.50
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.50
- Cumulative 5-Year FCF
- 0
Mar 2018
- 91
- Cash from Investing
- -141
- Cash from Financing
- 56
- 6
- Free Cash Flow
- -35
- OCF / Net Profit
- 2.92
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.92
- Cumulative 5-Year FCF
- 0
Mar 2019
- 76
- Cash from Investing
- -168
- Cash from Financing
- 71
- -20
- Free Cash Flow
- -71
- OCF / Net Profit
- -1.15
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.15
- Cumulative 5-Year FCF
- 0
Mar 2020
- 301
- Cash from Investing
- -97
- Cash from Financing
- -223
- -19
- Free Cash Flow
- -932
- OCF / Net Profit
- -3.82
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -3.82
- Cumulative 5-Year FCF
- 0
Mar 2021
- 240
- Cash from Investing
- -359
- Cash from Financing
- 142
- 23
- Free Cash Flow
- 240
- OCF / Net Profit
- -2.95
- Cumulative 5-Year FCF
- -708
- OCF / Net Profit
- -2.95
- Cumulative 5-Year FCF
- -708
Mar 2022
- 451
- Cash from Investing
- -375
- Cash from Financing
- -58
- 17
- Free Cash Flow
- -156
- OCF / Net Profit
- 2.90
- Cumulative 5-Year FCF
- -954
- OCF / Net Profit
- 2.90
- Cumulative 5-Year FCF
- -954
Mar 2023
- 637
- Cash from Investing
- -350
- Cash from Financing
- -283
- 5
- Free Cash Flow
- -288
- OCF / Net Profit
- 2.43
- Cumulative 5-Year FCF
- -1,207
- OCF / Net Profit
- 2.43
- Cumulative 5-Year FCF
- -1,207
Mar 2024
- 592
- Cash from Investing
- -1,551
- Cash from Financing
- 889
- -69
- Free Cash Flow
- -2,217
- OCF / Net Profit
- -61.38
- Cumulative 5-Year FCF
- -3,352
- OCF / Net Profit
- -61.38
- Cumulative 5-Year FCF
- -3,352
Mar 2025
- 900
- Cash from Investing
- -462
- Cash from Financing
- -425
- 13
- Free Cash Flow
- -76
- OCF / Net Profit
- -130.47
- Cumulative 5-Year FCF
- -2,497
- OCF / Net Profit
- -130.47
- Cumulative 5-Year FCF
- -2,497
Mar 2026
- 919
- Cash from Investing
- -440
- Cash from Financing
- -197
- 282
- Free Cash Flow
- -955
- OCF / Net Profit
- -21.61
- Cumulative 5-Year FCF
- -3,691
- OCF / Net Profit
- -21.61
- Cumulative 5-Year FCF
- -3,691
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | -11.31 | 4.33 | -4.55 | -11.46 | -0.48 | 1.30 | 2.20 | 0.39 | 0.08 | -0.31 |
| Book Value (₹) | 7.19 | 12.06 | 6.64 | -18.77 | 0.97 | 5.66 | 7.92 | 8.55 | 9.01 | 12.48 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | -0.40 | 0.81 | 0.16 | 1.36 | 1.28 | 3.12 | 4.49 | 3.11 | 4.67 | 4.96 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 4.98% | 10.87% | 4.25% | 17.99% | 22.25% | 23.53% | 23.02% | 15.72% | 16.43% | 14.99% |
| Net Margin % | -17.17% | 2.80% | -4.90% | -5.19% | -7.17% | 7.44% | 8.76% | -0.27% | -0.14% | -0.76% |
| ROE % | -143.01% | 30.46% | -66.91% | 0.00% | 0.00% | 39.06% | 32.10% | -0.97% | -0.65% | -3.24% |
| ROCE % | -18.31% | 14.13% | -4.67% | 18.17% | 14.78% | 36.09% | 41.92% | 12.79% | 14.03% | 8.98% |
| -27.33% | 4.71% | -8.85% | -5.94% | -4.60% | 8.01% | 10.29% | -0.25% | -0.14% | -0.71% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 6 | 6 | 6 | 5 | 5 | 3 | 3 | 4 | 3 | 3 |
| Inventory Days | 13 | 13 | 13 | 15 | 22 | 13 | 13 | 13 | 10 | 10 |
| Payable Days | 126 | 131 | 119 | 119 | 172 | 109 | 89 | 107 | 97 | 109 |
| -108 | -112 | -100 | -99 | -145 | -93 | -73 | -89 | -83 | -95 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 4.01x | 2.91x | 6.92x | -2.73x | 4.12x | 0.19x | 0.08x | 0.88x | 0.86x | 0.88x |
| Interest Coverage (x) | -0.89x | 1.90x | -0.63x | 0.52x | 0.46x | 1.96x | 2.62x | 1.02x | 1.05x | 0.80x |
| 0.41x | 0.49x | 0.42x | 0.25x | 0.39x | 0.80x | 0.58x | 0.52x | 0.43x | 0.51x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 3.47% | 6.03% | 22.15% | 11.78% | -25.16% | 83.64% | 43.84% | 18.63% | 39.22% | 13.34% |
| Operating Profit Growth % | 1530.57% | 131.46% | -52.24% | 373.03% | -7.45% | 94.22% | 40.74% | -14.29% | 43.77% | 5.53% |
| Net Profit Growth % | -38.69% | 117.30% | -313.44% | -18.55% | -3.27% | 290.74% | 69.24% | -103.68% | 28.51% | -516.45% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -82.18% | -80.66% | -513.32% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 383.90x | 1965.04x | 0.00x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 17.59x | 16.54x | 7.57x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 31.91x | 22.01x | 13.95x |
Mar 2017
- EPS (₹)
- -11.31
- Book Value (₹)
- 7.19
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.40
- Operating Margin %
- 4.98%
- Net Margin %
- -17.17%
- ROE %
- -143.01%
- ROCE %
- -18.31%
- -27.33%
- Debtor Days
- 6
- Inventory Days
- 13
- Payable Days
- 126
- -108
- Debt to Equity (x)
- 4.01x
- Interest Coverage (x)
- -0.89x
- 0.41x
- Revenue Growth %
- 3.47%
- Operating Profit Growth %
- 1530.57%
- Net Profit Growth %
- -38.69%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 4.33
- Book Value (₹)
- 12.06
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.81
- Operating Margin %
- 10.87%
- Net Margin %
- 2.80%
- ROE %
- 30.46%
- ROCE %
- 14.13%
- 4.71%
- Debtor Days
- 6
- Inventory Days
- 13
- Payable Days
- 131
- -112
- Debt to Equity (x)
- 2.91x
- Interest Coverage (x)
- 1.90x
- 0.49x
- Revenue Growth %
- 6.03%
- Operating Profit Growth %
- 131.46%
- Net Profit Growth %
- 117.30%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- -4.55
- Book Value (₹)
- 6.64
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.16
- Operating Margin %
- 4.25%
- Net Margin %
- -4.90%
- ROE %
- -66.91%
- ROCE %
- -4.67%
- -8.85%
- Debtor Days
- 6
- Inventory Days
- 13
- Payable Days
- 119
- -100
- Debt to Equity (x)
- 6.92x
- Interest Coverage (x)
- -0.63x
- 0.42x
- Revenue Growth %
- 22.15%
- Operating Profit Growth %
- -52.24%
- Net Profit Growth %
- -313.44%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- -11.46
- Book Value (₹)
- -18.77
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.36
- Operating Margin %
- 17.99%
- Net Margin %
- -5.19%
- ROE %
- 0.00%
- ROCE %
- 18.17%
- -5.94%
- Debtor Days
- 5
- Inventory Days
- 15
- Payable Days
- 119
- -99
- Debt to Equity (x)
- -2.73x
- Interest Coverage (x)
- 0.52x
- 0.25x
- Revenue Growth %
- 11.78%
- Operating Profit Growth %
- 373.03%
- Net Profit Growth %
- -18.55%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- -0.48
- Book Value (₹)
- 0.97
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.28
- Operating Margin %
- 22.25%
- Net Margin %
- -7.17%
- ROE %
- 0.00%
- ROCE %
- 14.78%
- -4.60%
- Debtor Days
- 5
- Inventory Days
- 22
- Payable Days
- 172
- -145
- Debt to Equity (x)
- 4.12x
- Interest Coverage (x)
- 0.46x
- 0.39x
- Revenue Growth %
- -25.16%
- Operating Profit Growth %
- -7.45%
- Net Profit Growth %
- -3.27%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 1.30
- Book Value (₹)
- 5.66
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.12
- Operating Margin %
- 23.53%
- Net Margin %
- 7.44%
- ROE %
- 39.06%
- ROCE %
- 36.09%
- 8.01%
- Debtor Days
- 3
- Inventory Days
- 13
- Payable Days
- 109
- -93
- Debt to Equity (x)
- 0.19x
- Interest Coverage (x)
- 1.96x
- 0.80x
- Revenue Growth %
- 83.64%
- Operating Profit Growth %
- 94.22%
- Net Profit Growth %
- 290.74%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 2.20
- Book Value (₹)
- 7.92
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.49
- Operating Margin %
- 23.02%
- Net Margin %
- 8.76%
- ROE %
- 32.10%
- ROCE %
- 41.92%
- 10.29%
- Debtor Days
- 3
- Inventory Days
- 13
- Payable Days
- 89
- -73
- Debt to Equity (x)
- 0.08x
- Interest Coverage (x)
- 2.62x
- 0.58x
- Revenue Growth %
- 43.84%
- Operating Profit Growth %
- 40.74%
- Net Profit Growth %
- 69.24%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 0.39
- Book Value (₹)
- 8.55
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.11
- Operating Margin %
- 15.72%
- Net Margin %
- -0.27%
- ROE %
- -0.97%
- ROCE %
- 12.79%
- -0.25%
- Debtor Days
- 4
- Inventory Days
- 13
- Payable Days
- 107
- -89
- Debt to Equity (x)
- 0.88x
- Interest Coverage (x)
- 1.02x
- 0.52x
- Revenue Growth %
- 18.63%
- Operating Profit Growth %
- -14.29%
- Net Profit Growth %
- -103.68%
- -82.18%
- P/E (x)
- 383.90x
- P/B (x)
- 17.59x
- Dividend Yield %
- 0.00%
- 31.91x
Mar 2025
- EPS (₹)
- 0.08
- Book Value (₹)
- 9.01
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.67
- Operating Margin %
- 16.43%
- Net Margin %
- -0.14%
- ROE %
- -0.65%
- ROCE %
- 14.03%
- -0.14%
- Debtor Days
- 3
- Inventory Days
- 10
- Payable Days
- 97
- -83
- Debt to Equity (x)
- 0.86x
- Interest Coverage (x)
- 1.05x
- 0.43x
- Revenue Growth %
- 39.22%
- Operating Profit Growth %
- 43.77%
- Net Profit Growth %
- 28.51%
- -80.66%
- P/E (x)
- 1965.04x
- P/B (x)
- 16.54x
- Dividend Yield %
- 0.00%
- 22.01x
Mar 2026
- EPS (₹)
- -0.31
- Book Value (₹)
- 12.48
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.96
- Operating Margin %
- 14.99%
- Net Margin %
- -0.76%
- ROE %
- -3.24%
- ROCE %
- 8.98%
- -0.71%
- Debtor Days
- 3
- Inventory Days
- 10
- Payable Days
- 109
- -95
- Debt to Equity (x)
- 0.88x
- Interest Coverage (x)
- 0.80x
- 0.51x
- Revenue Growth %
- 13.34%
- Operating Profit Growth %
- 5.53%
- Net Profit Growth %
- -516.45%
- -513.32%
- P/E (x)
- 0.00x
- P/B (x)
- 7.57x
- Dividend Yield %
- 0.00%
- 13.95x
Documents
Announcements
- Shareholders meeting
2026-08-14 - Devyani International Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 14, 2026. Further, the company has submitted the Exchange a copy of Srutinizers report.
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-04 - Devyani International Limited has informed the Exchange about Transcript
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Aug 2026
Jul 2026
May 2026