DEVYANI INTERNATIONAL LTD

The earnings conference call for Devyani International Limited on July 29, 2026, highlighted a strong start to FY27, with KFC achieving a 3.3% same-store sales growth (SSSG) and the company reporting its highest ever EBITDA of INR 255 crore. Management noted that despite challenges from rising LPG and wage costs, profitability improved. The merger with Sapphire Foods is progressing as planned, with approvals from regulatory bodies received. The company aims to maintain positive SSSG across its brand portfolio and is focused on enhancing operational efficiency through technology adoption. The management emphasized a disciplined approach to growth and the importance of dine-in experiences over delivery. The international business also showed strong growth, with revenues increasing by over 20%. The leadership team is fully in place, and the company is optimistic about its future prospects, particularly for its own brands like Biryani By Kilo and Vaango.

Management emphasized strong performance and growth initiatives.