What is the work of Devyani International?
ABOUT US. Devyani International Limited is the largest franchisee of Yum Brands in India and is among the largest operators of quick service restaurants chain in India and operates 655 stores across 155 cities in India, as of March 31, 2021.
Is Devyani good for long term?
According to stock market experts, both stocks are strong from long-term perspective; but rate of return in Devyani International shares will be higher than Zomato shares. They advised fresh investors to buy Devyani International shares at around ₹120 to ₹125 levels for ₹200 target in next 6 to 8 months time-frame.
Which is the parent company of Devyani?
RJ Corp Limited
Devyani International/Parent organizations
The offer will be available till Friday, August 6, 2021. Devyani International is an associate company of RJ Corp, the largest bottling partner of food and beverages (F&B) major Pepsico, and has interests in the Indian retail F&B sector.
What is the product of Devyani International?
The company is the largest franchisee of Yum Brands, operating core brands such as Pizza Hut, KFC, Costa Coffee. It also has its own brands such as Vaango, Food Street, Masala Twist, Ile Bar, Amreli, and Ckrussh Juice Bar.
Is Devyani International profitable?
presents the key P&L A/c Ratios, its comparison with the sector peers and 5 years of Profit & Loss Account Statement….Profit & Loss – Devyani International Ltd. Rs (in Crores)
| Mar’21 | Mar’20 | |
|---|---|---|
| Material Consumed | 301.04 | 374.87 |
| Personal Expenses | 135.64 | 186.19 |
| Selling Expenses | 55.94 | 67.87 |
Who runs KFC in India?
IPO-bound Devyani International, the biggest franchisee of Yum! Brands in India, sees no competition for KFC in the country, given its unique chicken offering, the company’s Chairman Ravi Kant Jaipuria said. The company, which runs 696 stores across 196 cities in India, including Yum!
Is Devyani debt free?
The funds are mainly going to be used for repaying debt. The company will practically become debt free after this and the company will generate enough cash for the growth it needs. So, the company will not need to further dilute or borrow for expansion plans, says Ravi Kant Jaipuria, Chairman, Devyani International.
Who is operating KFC in India?
Devyani International
IPO-bound Devyani International, the biggest franchisee of Yum! Brands in India, sees no competition for KFC in the country, given its unique chicken offering, the company’s Chairman Ravi Kant Jaipuria said. The company, which runs 696 stores across 196 cities in India, including Yum!
Is it good to buy Devyani share?
Devyani International: Momentum indicators like MACD and RSI, indicate that the momentum in the stock is likely to continue. We recommend a buy on Devyani above 143 with a target of 175. Investors are advised to maintain a Stop Loss below 110.
Who runs Pizza Hut in India?
Devyani International is the largest franchisee of Yum Brands in India. It operates brands like KFC, Pizza Hut, and Costa Coffee besides others like Vango and Food Street. Its 692 stores are located in 26 states and 155 across India and outside India in Nepal and Nigeria.