Integrated Filing — IndAS



General information about company

Scrip Code 543330
NSE Symbol DEVYANI
MSEI Symbol NOTLISTED
ISIN INE872J01023
Name of company Devyani International Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 29-07-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 22-07-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Single segment
Description of single segment Food and Beverages
Start date and time of board meeting 29-07-2026   11:00:00
End date and time of board meeting 29-07-2026   11:45:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 99,852.30 99,852.30
Other income 2,484.00 2,484.00
Total income 1,02,336.30 1,02,336.30
2 Expenses
(a) Cost of materials consumed 28,186.10 28,186.10
(b) Purchases of stock-in-trade 136.60 136.60
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 13,959.60 13,959.60
(e) Finance costs 5,825.60 5,825.60
(f) Depreciation, depletion and amortisation expense 12,524.10 12,524.10
(f) Other Expenses
1 Other Expenses 40,639.10 40,639.10
Total other expenses 40,639.10 40,639.10
Total expenses 1,01,271.10 1,01,271.10
3 Total profit before exceptional items and tax 1,065.20 1,065.20
4 Exceptional items 0.00 0.00
5 Total profit before tax 1,065.20 1,065.20
6 Tax expense
7 Current tax 739.40 739.40
8 Deferred tax (524.30) (524.30)
9 Total tax expenses 215.10 215.10
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 850.10 850.10
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 850.10 850.10
17 Other comprehensive income net of taxes (17.10) (17.10)
18 Total Comprehensive Income for the period 833.00 833.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 12,329.40 12,329.40
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.07 0.07
Diluted earnings (loss) per share from continuing operations 0.07 0.07
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.07 0.07
Diluted earnings (loss) per share from continuing and discontinued operations 0.07 0.07
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes to consolidated and standalone financial results for the quarter ended 30 June 2026 1. In terms of Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements 2015 as amended these consolidated and standalone financial results for the quarter ended 30 June 2026 have been reviewed and recommended for approval by the Audit Risk Management and Ethics Committee and accordingly have been approved by the Board of Directors of Devyani International Limited at their respective meetings held on 29 July 2026. The joint statutory auditors have conducted limited review of the financial results. 2. The figures for the quarters ended 31 March 2026 are the balancing figures between the audited figures for the year ended 31 March 2026 and the unaudited year to date figures up to the end of third quarter of the respective financial years which were subjected to a limited review by the joint statutory auditors. 3. These financial results have been prepared in accordance with the recognition and measurement principles of applicable Indian Accounting Standards notified under the Companies Indian Accounting Standards Rules 2015 as specified in Section 133 of the Companies Act 2013 read with SEBI Circular CIRCFDFAC622016 dated 05 July 2016 and other recognised accounting practices and policies. 4. Exceptional items: (i) On 21 November 2025 the Government notified certain provisions of the Labour Codes including a uniform definition of wages. Based on the actuarial valuation as at 31 December 2025 the Group and the Company had recognised an increase in post-employment defined benefit obligations past service and other long-term employee benefit obligations compensated absences of INR 122.13 million and INR 115.72 million respectively arising from this legislative change. As this is a material nonrecurring impact of enactment the related expense was presented as an exceptional item in these Consolidated and Standalone results respectively for the year ended 31 March 2026. (ii) Resolution proceedings relating to a lease dispute were concluded during the previous quarter without any results. To ensure continuity of operations the Group paid INR 92.90 million under protest. As this payment is material and resulted from unusual incidence it was presented as an exceptional item in these Consolidated and Standalone results for the year ended 31 March 2026. 5. During the previous quarter the Board approved a Scheme of Arrangement under Sections 230 232 of the Companies Act 2013 for the amalgamation of Sapphire Foods India Limited with the Company with effect from appointed date of 01 April 2026. Under the Scheme the Company will issue 177 equity shares of Re. 1 each for every 100 equity shares of Rs. 2 each held in Sapphire Foods India Limited. The Company is in the process of obtaining necessary regulatory and other approvals. 6. On 10 June 2025 the Company acquired an 80.72 equity stake on a fully diluted basis in Sky Gate Hospitality Private Limited for an aggregate consideration of INR 4196 million through a preferential issue of equity shares. Accordingly Sky Gate and its subsidiaries became subsidiaries of the Company with effect from 10 June 2025. The acquisition was accounted for using the acquisition method under Ind AS 103 based on fair values of assets and liabilities acquired. Subsequently the Company increased its equity stake in Sky Gate to 86.13 on a fully diluted basis. Further during the quarter ended 31 March 2026 the Company acquired the remaining equity stake in Sky Gate from its Founders consequent to which Sky Gate became a whollyowned subsidiary of the Company. Sky Gates investment in Peanutbutter and Jelly Private Limited and the business of Krazy Kebab Co. were classified as held for sale. Accordingly their financial performance in the comparative periods was presented as discontinued operations in the consolidated financial results net of recoveries made. During the quarter ended 31 December 2025 Sky Gate executed a Share Purchase Agreement with Heritage Foods Limited for sale of its entire 51 equity stake in Peanutbutter. Upon completion of the transaction in January 2026 Peanutbutter ceased to be a subsidiary of Sky Gate and a step-down subsidiary of the Company. In March 2026 the Board had approved a Scheme of Amalgamation under Sections 230 232 of the Companies Act 2013 involving amalgamation of Sky Gate and its wholly owned subsidiaries Blackvelvet Hospitality Private Limited and Say Chefs Eatery Private Limited with and into the Company with effect from appointed date of 01 April 2025. The Company had filed the First Motion Application with the Honble National Company Law Tribunal at Chandigarh Bench on 31 March 2026. On 23 July 2026 the NCLT has pronounced its First Motion Order. The Company is in the process of filing the Second Motion Petition. 7. The Group operates in single reportable business segment food and beverages in terms of Ind AS 108 Segment Reporting. 8. The previous period year numbers have been regrouped reclassified wherever necessary to conform to current period year presentation. The impact of such reclassification regrouping have been accordingly considered and not material to the financial results.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026 01-04-2026
Date of end of reporting period 30-06-2026 30-06-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurements of defined benefit plan (22.90) (22.90)
Total Amount of items that will not be reclassified to profit and loss (22.90)
2 Income tax relating to items that will not be reclassified to profit or loss (5.80) (5.80)
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income (17.10) (17.10)