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- Devyani International
Devyani International Valuation Multiples
Discover revenue and EBITDA valuation multiples for Devyani International and similar public comparables like Yoshinoya Holdings, Ziyan Foods, TAB Gıda, Guzman y Gomez and more.
Devyani International Overview
About Devyani International
Devyani International Ltd is a franchisee of Yum Brands in India and is among the largest operators of a quick-service restaurant chain (QSR chain), operating around 1,243 stores across 155 cities in India. Companies products includes PizzaHut, KFC, Costa Coffee, Vaang.o, The Food Street, and more. Geographically, operates domestically and internationally, with the majority of revenue from India.
Founded
1991
HQ

Employees
14.8K
Website
Sectors
Financials (LTM)
EV
$2B
Devyani International Financials
Devyani International reported last 12-month revenue of $605M and EBITDA of $92M.
In the same LTM period, Devyani International generated $415M in gross profit, $92M in EBITDA, and had net loss of ($2M).
Revenue (LTM)
Devyani International P&L
In the most recent fiscal year, Devyani International reported revenue of $581M and EBITDA of $98M.
Devyani International expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $605M | XXX | $581M | XXX | XXX | XXX |
| Gross Profit | $415M | XXX | $255M | XXX | XXX | XXX |
| Gross Margin | 69% | XXX | 44% | XXX | XXX | XXX |
| EBITDA | $92M | XXX | $98M | XXX | XXX | XXX |
| EBITDA Margin | 15% | XXX | 17% | XXX | XXX | XXX |
| EBIT Margin | 4% | XXX | 5% | XXX | XXX | XXX |
| Net Profit | ($2M) | XXX | $3M | XXX | XXX | XXX |
| Net Margin | (0%) | XXX | 0% | XXX | XXX | XXX |
| Net Debt | — | — | $81M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Devyani International Stock Performance
Devyani International has current market cap of $1B, and enterprise value of $2B.
Market Cap Evolution
Devyani International's stock price is $1.16.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $2B | $1B | -0.7% | XXX | XXX | XXX | $0.00 |
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Start Free TrialDevyani International Valuation Multiples
Devyani International trades at 2.9x EV/Revenue multiple, and 19.2x EV/EBITDA.
EV / Revenue (LTM)
Devyani International Financial Valuation Multiples
As of April 12, 2026, Devyani International has market cap of $1B and EV of $2B.
Equity research analysts estimate Devyani International's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Devyani International has a P/E ratio of (647.0x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV/Revenue | 2.9x | XXX | 3.0x | XXX | XXX | XXX |
| EV/EBITDA | 19.2x | XXX | 18.0x | XXX | XXX | XXX |
| EV/EBIT | 73.9x | XXX | 59.7x | XXX | XXX | XXX |
| EV/Gross Profit | 4.3x | XXX | 7.0x | XXX | XXX | XXX |
| P/E | (647.0x) | XXX | 552.0x | XXX | XXX | XXX |
| EV/FCF | 917.8x | XXX | 40.3x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Devyani International Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Devyani International Margins & Growth Rates
Devyani International's revenue in the last 12 month grew by 13%.
Devyani International's revenue per employee in the last FY averaged $0.0M, while opex per employee averaged $0.0M for the same period.
Devyani International's rule of 40 is 30% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Devyani International's rule of X is 50% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Devyani International Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 13% | XXX | 4% | XXX | XXX | XXX |
| EBITDA Margin | 15% | XXX | 17% | XXX | XXX | XXX |
| EBITDA Growth | 23% | XXX | (7%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 30% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 50% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.0M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.0M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 6% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 1% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 39% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Devyani International Public Comps
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| EV/Revenue | EV/EBITDA | |||||
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| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Yoshinoya Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| Ziyan Foods | XXX | XXX | XXX | XXX | XXX | XXX |
| TAB Gıda | XXX | XXX | XXX | XXX | XXX | XXX |
| Guzman y Gomez | XXX | XXX | XXX | XXX | XXX | XXX |
| Wendy's | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Devyani International M&A Activity
Devyani International acquired XXX companies to date.
Last acquisition by Devyani International was on XXXXXXXX, XXXXX. Devyani International acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Devyani International
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialDevyani International Investment Activity
Devyani International invested in XXX companies to date.
Devyani International made its latest investment on XXXXXXXX, XXXXX. Devyani International invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Devyani International
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Devyani International
| When was Devyani International founded? | Devyani International was founded in 1991. |
| Where is Devyani International headquartered? | Devyani International is headquartered in India. |
| How many employees does Devyani International have? | As of today, Devyani International has over 14K employees. |
| Who is the CEO of Devyani International? | Devyani International's CEO is Virag Joshi. |
| Is Devyani International publicly listed? | Yes, Devyani International is a public company listed on National Stock Exchange of India. |
| What is the stock symbol of Devyani International? | Devyani International trades under DEVYANI ticker. |
| When did Devyani International go public? | Devyani International went public in 2021. |
| Who are competitors of Devyani International? | Devyani International main competitors are Yoshinoya Holdings, Ziyan Foods, TAB Gıda, Guzman y Gomez. |
| What is the current market cap of Devyani International? | Devyani International's current market cap is $1B. |
| What is the current revenue of Devyani International? | Devyani International's last 12 months revenue is $605M. |
| What is the current revenue growth of Devyani International? | Devyani International revenue growth (NTM/LTM) is 13%. |
| What is the current EV/Revenue multiple of Devyani International? | Current revenue multiple of Devyani International is 2.9x. |
| Is Devyani International profitable? | Yes, Devyani International is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Devyani International? | Devyani International's last 12 months EBITDA is $92M. |
| What is Devyani International's EBITDA margin? | Devyani International's last 12 months EBITDA margin is 15%. |
| What is the current EV/EBITDA multiple of Devyani International? | Current EBITDA multiple of Devyani International is 19.2x. |
| What is the current FCF of Devyani International? | Devyani International's last 12 months FCF is $2M. |
| What is Devyani International's FCF margin? | Devyani International's last 12 months FCF margin is 0%. |
| What is the current EV/FCF multiple of Devyani International? | Current FCF multiple of Devyani International is 917.8x. |
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