Devyani International's Acquisition of Sky Gate Hospitality: A Strategic Move for Accelerated Growth
Devyani International enters Biryani market with acquisition of Sky Gate, valued at INR 4.19 billion. Challenges in the segment include regional...
278 Views
Devyani Intnl.: Yum Brands India Franchisee to Acquire Cloud Kitchen Operator. In Pursuit of Growth
As off‑premise dining surges and traditional restaurants stall, India’s cloud kitchens are booming—Devyani’s acquisition of delivery first Biryani...
384 Views
Devyani International (3QFY25): Relatively Softer Vs Closest Peers. Maintain REDUCE
Devyani International‘s (largest franchisee operator for KFC and Pizza Hut) 3QFY25 results were broadly in line with our estimates as core brands...
257 Views
Devyani International - Near-Term Weakness Compels Us to Retain REDUCE
India growth was modest at ~6% in Q2, mainly led by store adds, as KFC/PH India SSG fell 6-7% on weak demand and negative sentiment in a few...
129 Views
Devyani International (2QFY25): One More Quarter of Disappointing Performance.
It saw muted 7% system sales growth owing to persistent pressure in core brands of KFC and Pizza Hut, which saw mid to high single digit decline.
226 Views