Devyani adds 193 India outlets in FY26 as demand recovery revives expansion plans
KFC and Pizza Hut operator Devyani International grew revenue from operations 13.3% in FY26, adding 193 stores in India and 217 globally. With 1,857 domestic outlets at year-end, it is stepping up technology, customer engagement and portfolio diversification as discretionary demand improved in the fourth quarter.
Devyani International reported early discretionary-demand recovery in FY26’s fourth quarter and is prioritising technology, customer engagement, disciplined store additions and a broader portfolio beyond KFC and Pizza Hut after expanding its India network by 193 outlets.
Why this matters
The FY26 expansion follows signals around Yum’s proposed Pizza Hut sale affecting Devyani’s 600+ India outlets and BSE clearance for a Devyani-Sapphire KFC-Pizza Hut merger.
Retail-company signals are accelerating, up 1,125,400% QoQ.