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DEVYANI - Fundamental Analysis: Financial Health & Valuation

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Rating: 2.8

Last Updated Time : 04 May 26, 11:57 am

Fundamental Rating: 2.8

Stock Code DEVYANI Market Cap 15,378 Cr. Current Price 125 ₹ High / Low 191 ₹
Book Value 12.4 ₹ Dividend Yield 0.00 % ROCE 7.53 % ROE 2.20 %
Face Value 1.00 ₹ DMA 50 114 ₹ DMA 200 136 ₹ Chg in FII Hold 0.36 %
Chg in DII Hold -0.11 % PAT Qtr 8.56 Cr. PAT Prev Qtr -14.3 Cr. RSI 65.5
MACD 2.53 Volume 96,98,003 Avg Vol 1Wk 1,94,77,701 Low price 91.6 ₹
High price 191 ₹ Debt to equity 1.59 52w Index 33.3 % Qtr Profit Var 98.6 %
EPS -0.28 ₹ Industry PE 67.3

📊 Devyani International (DEVYANI) shows weak fundamentals despite its large market cap of ₹15,378 Cr. ROE (2.20%) and ROCE (7.53%) are low, reflecting poor efficiency. Debt-to-equity at 1.59 highlights high leverage risk, while EPS (-0.28 ₹) remains negative, signaling weak profitability. Dividend yield is 0.00%, offering no income support. Quarterly PAT improved (from -14.3 Cr to 8.56 Cr), showing operational recovery, but overall earnings remain fragile. Valuation is difficult to justify with negative EPS and high industry P/E (67.3). Technicals show bullish momentum with RSI (65.5), MACD (2.53), and price trading above 50 DMA (114 ₹) but below 200 DMA (136 ₹).

🎯 Entry Zone: 110 ₹ – 115 ₹ (near 50 DMA support)

📌 Long-Term Holding: Risky due to weak fundamentals and high leverage. Suitable only for speculative exposure or short-term momentum trades. Long-term compounding potential is limited unless profitability improves significantly.

Positive

  • Quarterly PAT recovery (+98.6%) from losses shows operational improvement.
  • Price trading above 50 DMA indicates short-term bullish bias.
  • FII holdings increased (+0.36%), showing foreign investor confidence.

Limitation

  • Negative EPS (-0.28 ₹) highlights weak profitability.
  • Low ROE (2.20%) and ROCE (7.53%) reflect poor efficiency.
  • High debt-to-equity (1.59) increases financial risk.
  • No dividend yield, reducing investor appeal.
  • Price trading below 200 DMA (136 ₹), showing weak long-term trend.

Company Negative News

  • Persistent weak profitability with negative EPS.
  • High leverage raises financial risk concerns.

Company Positive News

  • Quarterly PAT recovery from losses indicates operational turnaround.
  • FII inflows (+0.36%) reflect foreign investor confidence.

Industry

  • Industry P/E (67.3) is high, but DEVYANI’s negative EPS makes valuation unattractive.
  • Quick-service restaurant sector has long-term demand drivers, supported by urban consumption trends.

Conclusion

⚠️ DEVYANI is financially stressed with weak efficiency, negative EPS, and high leverage. Entry around 110–115 ₹ may suit speculative traders, but long-term investors should avoid until profitability stabilizes. Upside toward 125–130 ₹ possible in momentum trades, with strict stop-loss below 108 ₹.

This structured HTML report captures Devyani’s speculative momentum opportunity but highlights its weak fundamentals and high leverage risks. If you’d like, I can extend this into a peer benchmarking overlay against other QSR players like Jubilant FoodWorks or Sapphire Foods to show relative positioning. Would you like me to prepare that next?

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