Devyani International Q1 FY27 Revenue Up 16.5% to ₹1580.5 Cr; EBITDA Highest Ever
Devyani International reported Q1 FY27 revenues of ₹1,580.5 crore, up 16.5% YoY. EBITDA reached ₹255 crore, the highest ever, with margins at 16.1%. Profit after Tax was ₹171 million. The company's store network stands at 2,255. The merger with Sapphire Foods is progressing on schedule.
The strong financial performance, record EBITDA, and positive outlook, coupled with the ongoing merger progress, are significant positive developments for the company.
The company reported strong year-on-year revenue growth, record EBITDA, and positive SSSG across most brands. The merger progress is also on track.
Devyani International Limited (DIL) has announced its financial results for the quarter ended June 30, 2026. The company reported Q1 revenues of ₹15,805 million (₹1,580.5 crore), representing a 16.5% year-on-year increase. Same-store sales growth (SSSG) was strong across its brands, with KFC at +3.3%, Costa at +10.2%, and BBK & Vaango delivering +7.2% and +7.1% respectively. Brand Contribution margin saw an expansion of +1.1% year-on-year. Operating EBITDA increased by 38% year-on-year to ₹1,511 million (₹151.1 crore), with a margin of 9.6%. The company achieved its highest Profit after Tax in 8 quarters, amounting to ₹171 million (₹17.1 crore). The store network expanded to 2,255 outlets, and DIL remains on track to meet its store expansion targets for FY2027.
Mr. Ravi Jaipuria, Non-Executive Chairman, stated that the momentum from the second half of FY26 has continued into Q1 FY27, with most brands delivering positive SSSG. KFC posted another positive SSSG of 3.3%, while Biryani by Kilo, Costa, and Vaango maintained over 7% SSSG growth. Pizza Hut also showed sequentially better SSSG. The business reported its highest-ever quarterly EBITDA of ₹255 crore (16.1% of revenues), demonstrating profitable growth despite cost inflation. The company acknowledged the volatile operating environment and potential El Niño risks impacting consumption recovery.
Key performance highlights for Q1 FY27 include the highest-ever quarterly EBITDA of ₹2.55 billion (₹255 crore) with a 16.1% margin, broad-based growth with positive SSSG across all brands, and a Profit Before Tax (PBT) of ₹229 million (₹22.9 crore), an increase of over 6 times year-on-year. Consolidated revenues grew by 16.5% compared to the previous year.
The merger process with Sapphire Foods continues to progress as per timelines, with approvals received from NSE and BSE in June. The target completion remains by the end of FY27. The management team has been strengthened under Manish's leadership, with early positive cultural and operational shifts observed as part of "DIL 2.0."
What to do with a filing like this
Devyani International Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Devyani International Limited. Read the original for the full detail.