Devyani International: One More Quarter of Disappointing Performance. Maintain REDUCE
Devyani’s (DIL) 1QFY25 results were below our estimates owing to persistent weakness in core brands (KFC and PH) and lower-than-expected...
142 Views
Devyani International (1QFY25 Results Review): One More Quarter of Disappointing Performance.
Devyani’s (DIL) 1QFY25 results were below our estimates owing to persistent weakness in core brands (KFC and PH) and lower-than-expected...
185 Views
Devyani International (4QFY24): No Light at the End of the Tunnel. Maintain REDUCE
Further adding to woes, currency devaluation (Nigerian business) relating to international business dragged overall performance (consolidated...
166 Views
FMCG, QSR & Alco Bev (Q1FY25 Results Preview): On an improving trajectory
We expect our consumer coverage to report revenue growth in mid-single-digits (6% yoy), driven by volume growth. At an aggregate level, we expect...
179 Views
QSR (Q3FY24 Results Preview): Demand Pangs
Festive season fails to cheer up demand: Our QSR universe, over the past few quarters, has seen a sustained deceleration in demand (SSSG turned...
176 Views