Restaurant Brands Asia
- Market cap
- ₹ 6,309 Cr.
- P/E
- 100.8x
- P/B
- 6.98x
- 52-week range
- 57.15 – 111.15
- ROE
- −23%
- ROCE
- 0%
- Dividend yield
- 0%
- Debt / equity
- 2.73
- Sector
- Leisure Services
- Industry
- Restaurants
- Listed on
- NSE, BSE
About
Restaurant Brands Asia Limited is an India-based company, which has an exclusive national master franchisee of Burger King in India. The Company's subsidiaries in Indonesia have exclusive national master franchisee of the brands Burger King and Popeyes in Indonesia. Its portfolio also includes BK Cafe in India. The Company has rights to develop, establish, own, operate and franchise Burger King branded restaurants in India and through PT Sari Burger Indonesia, its subsidiary in Indonesia, and use its brand name and the associated technical, marketing and operational expertise. BK Cafe serves a diverse range of hot and cold coffee-based beverages, non-coffee shakes, hot chocolate and complementary food items. Popeyes is a United States Fried Chicken brand. The Company has around 455 restaurants in India across 107 cities and 150 restaurants in Indonesia. It has approximately 351 BK Cafe. It has around 25 Popeyes restaurants across four Indonesian cities.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Restaurants: 15 companies →Restaurant Brands Asia against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)100.8 against a typical 73.4: pricier than most peers (1st = cheapest).10th of 15
- Sales growth+17.9% against a typical +18% from a year earlier.8th of 14
- Share price, 3 months+41.3% against a typical −4%.2nd of 14
- Size₹ 6,309 Cr. market value against a typical ₹ 1,565 Cr. (1st = largest).5th of 15
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A- by ICRA- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | [ICRA]A- | Stable | 31 Mar 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 31 Mar 2026 | Reaffirmed | [ICRA]A- | — | ICRA | ₹ 405 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 29 Oct 2026Upcoming | Financial Results | RESTAURANT BRANDS ASIA LIMITED has informed the Exchange about Board Meeting to be held on 29-Oct-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 |
| 3 Aug 2026 | Financial Results | Restaurant Brands Asia Limited has informed the Exchange about Board Meeting to be held on 03-Aug-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended Jun 30, 2026 |
| 14 May 2026 | Financial Results | Restaurant Brands Asia Limited has informed the Exchange about Board Meeting to be held on 14-May-2026 to inter-alia consider and approve the Audited Standalone and Consolidated Financial results of the Company for the Quarter and Year ended on March 31, 2026. |
| 3 Feb 2026 | Financial Results | To consider and approve the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and nine months ended December 31, 2025 |
| 20 Jan 2026 | Fund Raising | Intimation of the meeting of the Board of Directors of Restaurant Brands Asia Limited to consider proposal for Fund Raising |
| 30 Oct 2025 | Financial Results | To consider and approve the Unaudited standalone and Consolidated financial results for the quarter and half year ended September 30, 2025 |
| 31 Jul 2025 | Financial Results | To consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2025. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 625 | 604 | 597 | 647 | 632 | 639 | 633 | 698 | 703 | 715 | 707 | 823 |
| Expenses | 569 | 536 | 528 | 584 | 569 | 570 | 559 | 625 | 632 | 625 | 612 | 722 |
| Operating Profit | 56 | 68 | 69 | 63 | 63 | 70 | 73 | 73 | 71 | 90 | 95 | 100 |
| OPM % | 9% | 11% | 12% | 10% | 10% | 11% | 12% | 10% | 10% | 13% | 13% | 12% |
| Other Income | 3 | 4 | 5 | 14 | 0 | 9 | 8 | 22 | 8 | 8 | 8 | 20 |
| Interest | 32 | 32 | 47 | 37 | 38 | 40 | 46 | 47 | 46 | 47 | 50 | 49 |
| Depreciation | 79 | 80 | 119 | 92 | 91 | 93 | 96 | 93 | 97 | 98 | 101 | 104 |
| Profit before tax | −51 | −40 | −92 | −52 | −65 | −55 | −60 | −45 | −63 | −48 | −47 | −33 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | −51 | −40 | −92 | −52 | −65 | −55 | −60 | −45 | −63 | −48 | −47 | −33 |
| EPS in Rs | −0.93 | −0.73 | −1.72 | −0.99 | −1.21 | −1.01 | −0.97 | −0.72 | −1.01 | −0.75 | −0.74 | −0.4 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 23%
- 3 Years
- 11%
- TTM
- 13%
- 10 Years
- —
- 5 Years
- 4%
- 3 Years
- 5%
- TTM
- 18%
- 10 Years
- —
- 5 Years
- −8%
- 3 Years
- −4%
- TTM
- —
- 10 Years
- —
- 5 Years
- −27%
- 3 Years
- −27%
- TTM
- —
Peers
Listed companies in the same business.
| Restaurant Brands Asia | ₹ 94.80 | ₹ 6,309 Cr. | 100.8x | 7x | −23% | — |
| Jubilant FoodWorks | ₹ 403.25 | ₹ 26,608 Cr. | 69.8x | 12x | 16.3% | 3.9% |
| Travel Food Services | ₹ 1,160.05 | ₹ 15,361 Cr. | 38.7x | 11.8x | 35.3% | 27.5% |
| Devyani International | ₹ 116.50 | ₹ 14,419 Cr. | — | 9x | −2.9% | −0.8% |
| Westlife Foodworld | ₹ 560.00 | ₹ 8,819 Cr. | 1,666.1x | 11.5x | 5.3% | 1.2% |
| Sapphire Foods India | ₹ 195.20 | ₹ 6,271 Cr. | — | 4.2x | −2.3% | −1% |
Management
- Rajeev Varman
- Group Chief Executive Officer, Whole-Time Director
- Arijit Datta
- Chief Financial Officer
- Sandeep Dey
- President - BK and Popeyes Indonesia Business
- Subramaniam Pillai
- Chief Operations Officer
- Namrata Tiwari
- Group Chief People Officer
- Kiran Komatla
- Group Chief Technology Officer
- Kapil Grover
- Group Chief Marketing Officer - India
- Shweta Mayekar
- Compliance Officer, Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.