Investor Presentation

November 2, 2026 National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, Block G, C/1, Bandra Kurla Phiroze Jeejeebhoy Towers, Complex, Bandra (E), Mumbai – 400 051 Dalal Street, Mumbai – 400 001 Email: cmlist@nse.co.in Email: corp.relations@bseindia.com Symbol: DEVYANI Security Code: 543330 Sub: Regulation 30: Presentation on Unaudited Financial Results of the Company for the Quarter and Half Year ended September 30, 2026 Dear Sir/ Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached a copy of the Presentation on Unaudited Financial Results of the Company for the Quarter and Half Year ended September 30, 2026. The same is also being uploaded on website of the Company at www.dil-rjcorp.com. You are requested to take the above on record. Yours faithfully, For Devyani International Limited Pankaj Virmani Chief Sustainability Officer & Company Secretary Encl.: As above Q2 FY’27 Results Presentation KOLANCHERRY -KERALA SECURA MALL -KODUNGALLUR GUWAHATI -ASSAM 2nd Nov, 2026 BHARAT MALL -MANGALORE KISHANGARH -RAJASTHAN HAMIRPUR –HIMACHAL PRADESH Disclaimer The information containedin this presentation isforinformation purposes onlyand does notconstitute an offerorinvitation to sell orthe solicitation of an offerorinvitation to purchase anysecurities (“Securities”)ofDevyani International Limited(the “Company”)in India,the United States oranyotherjurisdiction.This presentation should not,norshouldanything contained in it,form the basis of, or be relied upon in anyconnection with anycontract or commitment whatsoever. This presentation isnot an offer of securities for sale in the United States or elsewhere.This presentation doesnot constitute a prospectus, a statement in lieu of a prospectus, an offering circular, information memorandum, an invitation or advertisement or an offer document under the Companies Act, 2013, together with the rules thereunder, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 each as amended, or any other applicable law in India. This presentation may contain forward‐looking statements that involve risks and uncertainties. Forward‐looking statements are based on certain assumptions and expectations of future events. Actual future performance, outcomes and results may differ materially from those expressed in forward‐looking statements as a result of a number of risks, uncertainties and assumptions. There is no obligation on the Company or any of its directors, officers, employees, agents or advisers, or any of their respective affiliates, advisers or representatives to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise and none of them shall have any liability (in negligence or otherwise) for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection with this presentation. You are cautioned not to place undue reliance on these forward-looking statements, which are based on currentviewoftheCompany’smanagementonfutureevents. ThedataandopinionexpressedhereinwithrespecttotheCompanyisbasedonanumberofassumptionsandissubjecttoanumberofknownandunknownrisks,whichmaycausetheCompany’s actual results or performance to differmaterially from any projected future results or performance expressed or implied by such statements. Further, certain figures (including amounts, percentages andnumbers),asapplicable,have beenrounded-offtothenearestnumberandmaynotdepicttheexactnumber. We use a variety of financial and operational performance indicators to measure and analyze our financial performance and financial condition from period to period and to manage our business. Further, financial or performance indicators used here, have limitations as analytical tools, and should not be considered in isolation from, or as a substitute for, analysis of our historical financial performance,asreportedandpresentedinourfinancialstatements.Further,pastperformanceisnotnecessarilyindicativeoffutureresults. This presentation has been prepared by the Company. This document is a summary only and does not purport to contain all of the information that may be required to evaluate any potential transaction and any recipient hereof should conduct its own independent analysis of the Company and their businesses, including the consulting of independent legal, business, tax and financial advisers. The information in this presentation has not been independently verified and has not been and will not be reviewed or approved by any statutory or regulatory authority or stock exchange in India. No representation, warranty, express or implied, ismade as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information and opinions in thispresentation.Further,nothinginthisdocumentshouldbeconstruedasconstitutinglegal,business,taxorfinancialadvice. Chairman’s Comments Commenting on the performance, Mr. Ravi Jaipuria, Chairman said: Our growth momentum carried on firmly into the second quarter. We have had a good quarter with positive SSSGs ranging from 4% to 9% across our brand portfolio in India except PH which saw sequentially better numbers. We added 70 net new stores during the quarter. KFC led the store additions, with 50 net new units added in India. This takes our store footprint to 1,923 stores in India and 2,325 globally. We are on track to meet our full-year guidance of 200–220 net new additions, with the same discipline: the right locations and a clear line of sight to profitability. Building on the positive SSSG performance, we delivered consolidated sales of INR 1,519 Cr, growing 10.4% yoy. Despite steep inflation in raw materials and wages, the leverage from higher same-store sales and tight cost control helped us lift the EBITDA by nearly 18%, to INR 229 Cr. This is one of the best Q2 operating EBITDA numbers that we have seen and the same helped us post Profit before Taxes of INR 5.7 Crs for the quarter, against a loss last year.Your company delivered a PBT of Rs29 Crsin H1 vs a loss of Rs24 Crs in the previous year. Equally encouraging is the quality of growth that we are observing. Across brands, we have witnessed transaction led growth – and growth in our on-premise channel sales. Both these trends arevery heartening and are key to a long-term sustainable growth trajectory. While the India opportunity is real, the near-term challenges are far from over. We have seen strong food and fuel inflation and job losses because of AI adoption. The household budgets are under pressure. With this we also need to reorient ourselves more in favour of value given the macro-economic reality in the Country and a strong Kshaped economy that India isturning into. The regulatory environment also continues to evolve rapidly. A heightened inspection drive from the Food authorities across the country disrupted store operations during the inspections. While we strongly believe that a strong focus on hygiene and operational control is needed and will help the formalization journey for the industry, there needs to be consistent application of the same. With food inflation firming and interest rates beginning to rise, we expect discretionary spending to stay under pressure – as our peers have also already indicated. By providing sharper value at entry price points, consistent marketing, and a concerted effort on bringing guests back into our restaurants, we feel we are well positioned to perform in the coming quarters. Our new management team is settling in, and we are confident that our plans with respect to pre-merger preparation are progressing well. We are expecting that the merger should get approvals in line with our initial plans. You will be pleased to know that we have received CCI approval for the mergerfrom the authorities. FY27 Q2 - BUSINESS HIGHLIGHTS SSSG momentum ma [Showing first 8,000 characters — download PDF for full document]