DEVYANI
Devyani International Limited
Each stock's 10,000-path forecast, rendered as light.
Devyani International Limited (DEVYANI) Stock Analysis & Case Study
Is DEVYANI a good buy? The data-driven verdict.
Devyani International Limited (DEVYANI) trades at ₹135,on the numbers it mixed signals, a Downstox Snapshot Score of 54/100.
On the numbers, Devyani International Limited (DEVYANI) mixed signals, a Downstox Snapshot Score of 54/100, weighing inexpensive at 12.5× earnings, ROE of -1.6%, a 54% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
DEVYANI fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How DEVYANI ranks against the 2,373 companies in our screener
- DEVYANI's market cap of 16,611 Cr ranks in the 82nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- DEVYANI's book value of ₹13 ranks in the 14th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- DEVYANI's promoter holding of 61.4% ranks in the 54th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- DEVYANI's 3-year profit (PAT) growth of -12.0% ranks in the 17th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- DEVYANI's 3-year revenue growth of 23.0% ranks in the 78th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- DEVYANI's debt-to-equity ratio of 2.49x is lower than 4% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
Is DEVYANI overvalued? DEVYANI P/E vs peers
DEVYANI trades at 12.5× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
DEVYANI share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 4.9y of DEVYANI history (2%/yr drift, 37%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| DEVYANI 2027 | ₹86 | ₹139 | ₹225 | +3% |
| DEVYANI 2028 | ₹73 | ₹144 | ₹283 | +7% |
| DEVYANI 2029 | ₹66 | ₹149 | ₹339 | +11% |
| DEVYANI 2030 | ₹59 | ₹154 | ₹406 | +14% |
| DEVYANI 2031 | ₹54 | ₹159 | ₹471 | +18% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability DEVYANI goes up, or doubles?
The bull case for DEVYANI
- DEVYANI's P/E of 12.5x is lower than 81% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹339.
The bear case & risks
- A steep 10.8× price-to-book means most of the value is intangible/expectations, not assets on the books.
- DEVYANI's Piotroski F-Score of 2/8 ranks in the 6th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹66.
DEVYANI volatility & expected range, how bumpy is the ride?
Over the last 4.9 years DEVYANI compounded at 2%/year with annualized volatility of 37%. That volatility implies a 1-year 80% range of ₹86-₹225, the honest backbone behind any single price target.
DEVYANI price forecast, the full 60-month probability fan
DEVYANI price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds DEVYANI hits common targets within the simulated horizon?
Full multi-horizon detail on the DEVYANI price target & forecast page.
DEVYANI Piotroski F-Score: 2/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. DEVYANI scores 2/8, weak on the financial-strength checks.
DEVYANI MTF margin & leverage across 11 brokers
Margin Trading Facility lets you buy DEVYANI with part of the capital. Lower margin % = higher leverage. Rates compared across 11 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 32.52% | 3.1× |
| Zerodha | 32.99% | 3.0× |
| Groww | 32.55% | 3.1× |
| Dhan | 32.99% | 3.0× |
| Kotak Neo | 33.00% | 3.0× |
| Paytm Money | 32.55% | 3.1× |
| Pocketful | 32.53% | 3.1× |
| Fyers | 33.33% | 3.0× |
| Anand Rathi | 32.99% | 3.0× |
| Bajaj Broking | 34.00% | 2.9× |
| Share IndiaCHEAPEST | 32.44% | 3.1× |
Compare every broker on the DEVYANI MTF page.
About Devyani International Limited: sector, index & market-cap context
Devyani International Limited (DEVYANI) is a small-cap NSE-listed company in the QSR sector, and a constituent of the Nifty 500 index, with a market capitalisation of ₹16,611 Cr. See more stocks on our screener.
How the DEVYANI Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Devyani International Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
DEVYANI analysis, FAQs
Is Devyani International Limited (DEVYANI) a good buy?
On the numbers, Devyani International Limited (DEVYANI) mixed signals, a Downstox Snapshot Score of 54/100, weighing inexpensive at 12.5× earnings, ROE of -1.6%, a 54% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is DEVYANI overvalued or undervalued?
DEVYANI trades at 12.5× earnings, inexpensive versus the ~22× long-run Nifty average.
What is the DEVYANI share price target for 2031?
DEVYANI's probability-weighted 2031 median target is ₹159, with an 80% range of ₹54-₹471 (10,000-path Monte-Carlo).
What is the probability DEVYANI doubles in 5 years?
The modelled probability of DEVYANI reaching ₹269 (2×) within 5 years is 26%.
What is the bull case for DEVYANI?
DEVYANI's P/E of 12.5x is lower than 81% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
What are the risks in DEVYANI?
A steep 10.8× price-to-book means most of the value is intangible/expectations, not assets on the books. DEVYANI's Piotroski F-Score of 2/8 ranks in the 6th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.