Is Devyani International a good buy?
It maintains Buy rating with a SoTP-based TP of Rs 210 per share (FY24E EV/EBITDA of 45x/35x for KFC/PH on a pre-Ind AS basis). Promoters held 62.8 per cent stake in the company as of 31-Mar-2022, while FIIs owned 6.9 per cent, DIIs 5.76 per cent.
What is the business of Devyani International?
The company is a franchisee for the Costa Coffee, Pizza Hut and KFC brands and stores in India. Other than Pizza Hut, KFC, and Costa Coffee company operates brands such as Vaango, Taco Bell, coffee chain Costa Coffee, Food Street, Masala Twist, Ile Bar, Amreli, and Ckrussh Juice Bar.
What does Devyani company do?
It operates 655 stores nationally – 605 in core brands (KFC: 264; Pizza Hut: 297; Costa Coffee: 44) and 50 in other businesses – across 155 cities, as of FY21. In addition, DIL has 37 KFC & Pizza Hut stores internationally (Nepal and Nigeria).
Can we hold Devyani for long term?
It is expected to generate good returns as the growth potential of the industry is good once it operates at full capacity, he said. Therefore if allotted, investors can hold the stock for medium to long-term basis, however investors interested in listing gains can exit, Garg said.
Is Devyani overvalued?
Is Devyani International Ltd undervalued or overvalued? The key valuation ratios of Devyani International Ltd’s currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.
How much is Devyani International Debt?
RETURN ON ASSETS
| BalanceSheet – Devyani International Ltd. | ||
|---|---|---|
| Rs (in Crores) | ||
| Secured Loan | 60.93 | 319.14 |
| Unsecured Loan | .00 | .00 |
| TOTAL LIABILITIES | 954.05 | 618.25 |
Is Devyani debt free?
The company has become a net-debt-free company excluding the promoter’s debt post listing of the company in August 2021.
Is Devyani IPO good Quora?
Yes. Devyani international IPO is good for investment. For long term and for listing gains too .
Is Devyani International in Loss?
Devyani International I Loss-making operator of KFC, Pizza Hut hopes to become profitable this fiscal | Business News.