Devyani International Ltd
NSE:DEVYANI

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Devyani International Ltd
NSE:DEVYANI
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Price: 111.23 INR -1.74% Market Closed
Market Cap: ₹137.1B

P/E

-316.5
Current
353%
Cheaper
vs 3-y average of 125

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
-316.5
=
Market Cap
₹162.1B
/
Net Income
₹-433.3m

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
-316.5
=
Market Cap
₹162.1B
/
Net Income
₹-433.3m

Valuation Scenarios

Devyani International Ltd is trading above its 3-year average

If P/E returns to its 3-Year Average (125), the stock would be worth ₹-43.94 (140% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-140%
Maximum Upside
No Upside Scenarios
Average Downside
125%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple -316.5 ₹111.23
0%
3-Year Average 125 ₹-43.94
-140%
5-Year Average 119 ₹-41.8
-138%
Industry Average 43.5 ₹-15.27
-114%
Country Average 28.7 ₹-10.09
-109%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
₹162.1B
/
Jan 2026
₹-433.3m
=
-316.5
Current
₹162.1B
/
Mar 2026
₹-88.4m
=
-1832.3
Forward
₹162.1B
/
Mar 2027
₹1.1B
=
154
Forward
₹162.1B
/
Mar 2028
₹2B
=
82.7
Forward
₹162.1B
/
Mar 2029
₹3.2B
=
49.9
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Market Distribution

Lower than 100% of companies in India
Percentile
0th
Based on 3 123 companies
0th percentile
-316.5
Low
0 — 18.9
Typical Range
18.9 — 44.4
High
44.4 —
Distribution Statistics
India
Min 0
30th Percentile 18.9
Median 28.7
70th Percentile 44.4
Max 877 228.1

Devyani International Ltd
Glance View

Devyani International Ltd. is a significant player in the Indian food and beverage sector, as it has adeptly positioned itself as a formidable force in the quick-service restaurant (QSR) industry. As a leading franchise operator, Devyani International holds the master franchise rights for some of the most recognizable global brands, including KFC, Pizza Hut, and Costa Coffee in India, Nepal, and Nigeria. The company’s business model revolves around leveraging the power of these internationally acclaimed brands to capture the burgeoning demand for convenient dining options among urban and semi-urban consumers. Devyani International’s strategy hinges on the dual pillars of brand recognition and consumer accessibility, continuously expanding its footprint by opening new outlets and enhancing service efficiency to cater to its diverse customer base. The revenue streams for Devyani International are largely driven by sales in its extensive chain of restaurants. The company’s operations are characterized by a tight focus on optimizing supply chain logistics, ensuring quality product delivery, and fostering customer loyalty through innovative marketing tactics and value-added services. Devyani has adeptly navigated the complex landscape of consumer preferences and competitive pressures by implementing data-driven strategies for menu innovation and localized offerings. While the primary source of income is through direct food sales in its outlets, an ancillary but significant component arises from collaboration agreements and partnerships, which further underscore its robust position in the fast-paced QSR industry.

DEVYANI Intrinsic Value
122.31 INR
Undervaluation 9%
Intrinsic Value
Price ₹111.23
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