More about Devyani International Limited
Fundamentals for Devyani International Limited
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Fundamentals for Devyani International Limited
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Business Operations:
Sector: Consumer CyclicalIndustry: Restaurants
Devyani International Limited develops, manages, and operates quick service restaurants and food courts in India, Nepal, Nigeria, Thailand, and internationally. Its Core Brands Business include KFC, Pizza Hut, and Costa Coffee outlets operated in India; International Business comprise KFC, Pizza Hut, and other brand outlets operated in Nepal and Nigeria; and Other Business consists of food and beverages industry operations, including Vaango and The Food Street brand stores. Devyani International Limited was incorporated in 1991 and is based in Gurugram, India. Devyani International Limited is a subsidiary of RJ Corp Limited.
Revenue projections:
Investors are expected to be cautious with DEVYANI, as its revenues are projected to fall compared to last year. A decline in revenue often results in a negative impact on profitability, prompting concerns about the company's financial stability and making investors more conservative in their approach.
Financial Ratios:
| currentRatio | 0.51000 |
|---|---|
| forwardPE | 101.59476 |
| debtToEquity | 203.32700 |
| earningsGrowth | 0.00000 |
| revenueGrowth | 0.19700 |
| grossMargins | 0.54010 |
| operatingMargins | 0.04217 |
| trailingEps | -0.31000 |
| forwardEps | 1.14563 |
With a current ratio 0.51, DEVYANI's cash reserves and current assets appear insufficient to meet its short-term debt obligations. This suggests a potential liquidity shortfall, raising concerns about how the company will handle immediate financial responsibilities.
DEVYANI's forward PE being elevated could limit price appreciation and heighten the risk of a correction. Investors need to carefully assess this parameter in combination with other fundamentals to determine whether the stock is overvalued.
Devyani International Limited's high debt-to-equity ratio indicates the company is using significant leverage, relying more on debt to finance its operations. This can lead to higher risk, especially if profitability falters or economic conditions worsen.
Price projections:
Devyani International Limited's price projections have gradually decreased, indicating a more conservative outlook from analysts. The repeated downward revisions suggest waning confidence in the company's ability to achieve its previous targets.
Recommendation changes over time:
DEVYANI has garnered a buy bias from analysts recently, suggesting the stock is a good investment opportunity. This may lead to increased investor interest, as DEVYANI is seen as a reliable place to park money for those looking to benefit from potential market gains and company growth.
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