Devyani International clocks 84% yoy jump in revenue for FY22; reports PAT at Rs155.10 crore

2 May 2022 , 03:20 PM

Devyani International Limited (DIL), a multi-dimensional comprehensive QSR player in India, has announced its financial results for the quarter and full-year ended March 31, 2022.

DIL stated that FY22 was a year of record performance for the company, with its brands achieving significant milestones whereby KFC India crossed Rs1,000 crore revenues & Pizza Hut clocked more than Rs500 crore revenues this year.

On a consolidated basis, DIL reported revenue from operations of Rs590.70 crore in Q4FY22, up by 36.39% yoy against revenue of Rs433.10 crore in Q4FY21. Whilst for the financial year ended March 2022, it logged growth of 83.64% yoy in revenue at Rs2,084 crore against Rs1,134.80 crore in FY21.

The company’s PAT during the quarter ended March 2022 stood at Rs75.90 crore, as compared to Rs23.40 crore in Q4FY21, registering a growth of 224.36% yoy. For FY22, PAT jumped drastically to Rs155.10 crore against a loss after tax of Rs81.30 crore in FY21.

EBITDA for Q4FY22 came in at Rs143.30 crore as compared to Rs119.40 crore in Q4FY21, up by 20.01% yoy. For FY22, company reported substantial growth in EBITDA at Rs476 crore as compared to Rs234.60 crore in FY21.

EBITDA margin during Q4 and FY22 was reported at 24.30% and 22.80% respectively.

As of March 31, 2022, DIL operates 364 KFC stores, 413 Pizza Hut stores, and 55 Costa Coffee stores in India. Including the own brands’ stores and international markets, total system stores stood at 938.

At around 3.26 PM, Devyani International was trading at Rs170.90, down by 1.07% against its previous close of Rs172.75 on NSE. So far in the day, it touched intraday high and low of Rs174.70 and Rs167.80 respectively.