Restaurant Brands Asia Ltd
NSE:RBA
Restaurant Brands Asia Ltd
Restaurant Brands Asia Ltd. engages in the operation of restaurant. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2020-12-14. Its products include Veg Whopper, Crispy Veg Burger, Crispy Veg Double Patty, Crispy Chicken Burger, Crispy Chicken Double Patty, Cheese Meltdown, Fiery Chicken Burger, Paneer Overload Burger, Cheese Meltdown, Fries, Chicken Fries, Veggie Strips, Hashbrown, Veg Crunchy Volcano, Tikki Twist Burger, BK Classic Veg, Veg Peri Peri Rice and Chocolate Mousse Cup. The firm operates and franchises Burger King branded restaurants in India. The company owns and operates a network of approximately 265 restaurants, including approximately nine sub-franchisee restaurants across 58 cities in the country. The firm also offers online food ordering services through its Website https://www.burgerking.in/.
Restaurant Brands Asia Ltd. engages in the operation of restaurant. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2020-12-14. Its products include Veg Whopper, Crispy Veg Burger, Crispy Veg Double Patty, Crispy Chicken Burger, Crispy Chicken Double Patty, Cheese Meltdown, Fiery Chicken Burger, Paneer Overload Burger, Cheese Meltdown, Fries, Chicken Fries, Veggie Strips, Hashbrown, Veg Crunchy Volcano, Tikki Twist Burger, BK Classic Veg, Veg Peri Peri Rice and Chocolate Mousse Cup. The firm operates and franchises Burger King branded restaurants in India. The company owns and operates a network of approximately 265 restaurants, including approximately nine sub-franchisee restaurants across 58 cities in the country. The firm also offers online food ordering services through its Website https://www.burgerking.in/.
Strong Quarter: Restaurant Brands Asia reported a robust Q3, with 16.5% revenue growth and 4.5% same-store sales growth in a challenging sales environment.
Margin Expansion: Gross margin reached 69.9%, surpassing the company's FY '29 target more than three years ahead of schedule.
Profitability: Company EBITDA hit a record INR 40.6 crores, up 31.5% year-over-year, while restaurant-level EBITDA grew 25.7%.
Store Growth: The company ended December with 577 restaurants and expects to be close to 600 by the end of the current quarter.
Digital Acceleration: 92% of orders are now digital, and monthly active users on the app grew by 47% year-over-year.
Indonesia Turnaround: Burger King Indonesia reported its fourth consecutive quarter of positive same-store sales and reduced losses, but Popeyes remains challenged.
Strategic Investment: Inspira Global Group will invest INR 900 crores via equity and up to INR 600 crores through warrants, potentially acquiring a 35% stake and triggering an open offer.
