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-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	23-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	16-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	Food and Beverages
Start date and time of board meeting	23-May-2025   11:00:00
End date and time of board meeting	23-May-2025   11:40:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

Financial Results Ind-AS
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	12125910000	49510520000
	Other income	131850000	369890000
	Total income	12257760000	49880410000
2	Expenses
(a)	Cost of materials consumed	3811470000	15348980000
(b)	Purchases of stock-in-trade	8000000	39100000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	0	0
(d)	Employee benefit expense	1706440000	7104360000
(e)	Finance costs	695330000	2648300000
(f)	Depreciation, depletion and amortisation expense	1517790000	5698750000
(f)	Other Expenses
1	Provision of impairment of non-financial assets	135660000	224540000
2	Foreign exchange loss/(gain)(net)	12860000	89160000
3	Other Expenses	4591510000	18596100000
	Total other expenses	4740030000	18909800000
	Total expenses	12479060000	49749290000
3	Total profit before exceptional items and tax	-221300000	131120000
4	Exceptional items	0	0
5	Total profit before tax	-221300000	131120000
6	Tax expense
7	Current tax	28510000	228150000
8	Deferred tax	-84360000	-31270000
9	Total tax expenses	-55850000	196880000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	-165450000	-65760000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	-2180000	-3240000
16	Total profit (loss) for period	-167630000	-69000000
17	Other comprehensive income net of taxes	6570000	685330000
18	Total Comprehensive Income for the period	-161060000	616330000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	-147380000	91490000
	Total profit or loss, attributable to non-controlling interests	-20250000	-20250000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	4550000	374470000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	2020000	310860000
21	Details of equity share capital
	Paid-up equity share capital	1206270000	1206270000
	Face value of equity share capital	1	1
27	Details of debt securities
22	Reserves excluding revaluation reserve		0
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	0.12	0.08
	Diluted earnings (loss) per share from continuing operations	0.12	0.08
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	0.12	0.08
	Diluted earnings (loss) per share from continuing and discontinued operations	0.12	0.08
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		Notes to consolidated and standalone financial results for the quarter and year ended 31 March 2025tttt n n1.tIn terms of Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements 2015, as amended, these consolidated and standalone financial results financial results for the quarter and year ended 31 March 2025 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 DIL or the Company at their respective meetings held on 23 May 2025. The joint statutory auditors have audited these annual financial results. n2.tThe figures for the quarter ended 31 March 2025 and 31 March 2024 are the balancing figures between the audited figures for the full financial year 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 statutory auditors. n3.tThese financial results have been prepared in accordance with the recognition and measurement principles of applicable Indian Accounting Standards Ind AS 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. n4.tDuring the current quarter and subsequent to the current quarter, 70,000 Employee Stock Options Options and 18,82,500 Options were exercised by the employees under the Employees Stock Option Scheme 2021 of the Company, respectively, against which, 19,52,500 equity shares of INR 1/- each were allotted subsequent to the current quarter. n5.tSubsequent to the current quarter, the Board of Directors of the Company on 24 April 2025, has approved acquisition of up to 80.72% equity stake, on fully diluted basis, in Sky Gate Hospitality Private Limited excluding the business of Krazy Kebab Co. and its investment in Peanutbutter for a total consideration of INR 4,196.00. n6.tThe Group operates in single reportable business segment food and beverages in terms of Ind AS 108- Segment Reporting. n7.tThe 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. n n

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	16330670000
	Capital work-in-progress	34590000
	Investment property	259240000
	Goodwill	4580520000
	Other intangible assets	25052850000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	12010000
	Non-current financial assets
	Non-current investments	0
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	1520700000
	Total non-current financial assets	1520700000
	Deferred tax assets (net)	582550000
	Other non-current assets	274940000
	Total non-current assets	48648070000
2	Current assets
	Inventories	1482260000
	Current financial asset
	Current investments	0
	Trade receivables, current	413100000
	Cash and cash equivalents	1813720000
	Bank balance other than cash and cash equivalents	0
	Loans, current	0
	Other current financial assets	460810000
	Total current financial assets	2687630000
	Current tax assets (net)	7130000
	Other current assets	560620000
	Total current assets	4737640000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	53385710000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	1206270000
	Other equity	9737790000
	Total equity attributable to owners of parent	10944060000
	Non controlling interest	3078580000
	Total equity	14022640000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	6700520000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	20850220000
	Total non-current financial liabilities	27550740000
	Provisions, non-current	662830000
	Deferred tax liabilities (net)	0
	Deferred government grants, Non-current	0
	Other non-current liabilities	20920000
	Total non-current liabilities	28234490000
	Current liabilities
	Current financial liabilities
	Borrowings, current	2617120000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	163010000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	4248360000
	Total Trade payable	4411370000
	Other current financial liabilities	3390660000
	Total current financial liabilities	10419150000
	Other current liabilities	568090000
	Provisions, current	135770000
	Current tax liabilities (Net)	5570000
	Deferred government grants, Current	0
	Total current liabilities	11128580000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	39363070000
	Total equity and liabilites	53385710000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
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-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
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
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurements of defined benefit plans	-2610000	-18710000
	Total Amount of items that will not be reclassified to profit and loss	-2610000	-18710000
2	Income tax relating to items that will not be reclassified to profit or loss	-470000	-3660000
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	-8710000	-700380000
5	Total Other comprehensive income	6570000	685330000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			131120000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			2648300000
	Adjustments for decrease (increase) in inventories			-175580000
	Adjustments for decrease (increase) in trade receivables, current			105930000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-100700000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			0
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			818330000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			5698750000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			224540000
	Adjustments for provisions, current			0
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			26370000
	Adjustments for dividend income			0
	Adjustments for interest income			151980000
	Adjustments for share-based payments			-92110000
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			-150630000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			8851220000
	Net cash flows from (used in) operations			8982340000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			-19860000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			9002200000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			15200000
	Proceeds from sales of property, plant and equipment			91260000
	Purchase of property, plant and equipment			4909500000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			11470000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			200390000
	Net cash flows from (used in) investing activities	-4621580000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			9550000
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			555350000
	Repayments of borrowings			801910000
	Payments of lease liabilities			3474990000
	Dividends paid			0
	Interest paid			544570000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			3030000
	Net cash flows from (used in) financing activities			-4253540000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			127080000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			10220000
	Net increase (decrease) in cash and cash equivalents			137300000
	Cash and cash equivalents cash flow statement at beginning of period			1676420000
	Cash and cash equivalents cash flow statement at end of period			1813720000