As of 6 Nov 2026, Restaurant Brands Asia is loss-making on a trailing 12-month basis, with a net loss of ₹134 Cr, so it has no P/E ratio. The share price is ₹88.62, 20% below its 52-week high. Sales grew 11% a year over 3 years. Debt is 1.18× equity. It is a small-cap company with a market cap of ₹6,312 Cr, ranked 6th of 16 Restaurants companies by market cap; the shares rose 40% over the past year.
- ₹92.50
- ₹94.19
- ₹88.17
- ₹94.27
- 45 L
Health check
- ReturnsAhead
+39.9% over a year, better than 6 of 7 peers.
- Price tagLoss-making
Earnings were negative over the last 12 months.
- GrowthUnder pressure
Sales +11.0% a year over 3 years, but loss-making now.
- ProfitabilityNegative
ROCE -0.6% vs peer median 7.8%.
- Balance sheetStretched
Debt 1.18× equity, operating profit doesn’t cover interest, Piotroski 4 of 9.
- Red flags3 to check
Loss-making over the last twelve months.
Small cap
Defensive
Key metrics
- Market cap
- ₹6,312 Cr
- Small cap
- P/E
- n/a
- Industry 32.6
- Price to book
- 3.53
- Peers 9.83
- Dividend yield
- 0.00%
- ROE
- −12.5%
- Peers 0.3%
- ROCE
- −0.6%
- Peers 7.8%
- Debt to equity
- 1.18
- Debt ₹1,957 Cr
- EPS (TTM)
- −₹2.20
- Face value ₹10
- OPM (TTM)
- 12.8%
- Net margin −4.4%
- Sales growth
- +20.1%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 2.04
- EV/EBITDA 32.8
Strengths and risks
Strengths
- Quarterly sales up 20.1% on a year ago.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Loss-making over the last twelve months.
- Return on equity is low at −12.5%.
- Interest coverage of only 1.8×.
About Restaurant Brands Asia
Restaurant Brands Asia Limited, together with its subsidiaries, operates quick service restaurant chains in India and Indonesia. It develops, establishes, operates, and franchises restaurants under the Burger King brand in India, as well as Burger King and POPEYES brands in Indonesia. The company was formerly known as Burger King India Limited and changed its name to Restaurant Brands Asia Limited in February 2022. Restaurant Brands Asia Limited was…
- Headquarters
- Mumbai
- Employees
- 10,620
- Sector
- Consumer Cyclical
- ISIN
- INE07T201019
- Website
- burgerking.in
Price range
- Avg volume (3M)
- 52.4 L
- 1-year return
- plus 39.9%
- From 52-week high
- minus 20.3%
Analyst consensus
Peers · Restaurants
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JUBLFOODJubilant Foodworks | 457.20 | plus 0.15% | 30,069 | 80.9 | 13.12 | 16.2% | 19.5% | 19.8% | 20.2% | 6.7% | 0.26% | minus 23.1% |
| DEVYANIDevyani International | 128.65 | minus 0.43% | 15,862 | – | 9.83 | 4.3% | −0.1% | 15.7% | 23.3% | – | 0.00% | minus 18.9% |
| TRAVELFOODTravel Food Services | 1,174.80 | minus 1.00% | 15,474 | 32.6 | 10.73 | 41.8% | 35.3% | 26.6% | 15.6% | 21.8% | 0.87% | minus 9.8% |
| WESTLIFEWESTLIFE FOODWORLD | 655.55 | plus 1.74% | 10,175 | 5042.7 | 16.90 | 9.0% | 0.3% | 13.3% | 4.8% | −33.8% | 0.12% | plus 10.1% |
| SAPPHIRESapphire Foods India | 210.06 | 0.00% | 6,759 | – | 4.48 | 3.1% | −0.4% | 2.9% | 11.3% | – | 0.00% | minus 26.3% |
| RBARestaurant Brands Asia | 88.62 | minus 5.99% | 6,312 | – | 3.53 | −0.6% | −12.5% | 0.5% | 11.0% | – | 0.00% | plus 39.9% |
| UFBLUnited Foodbrands | 538.70 | plus 3.78% | 2,107 | – | 6.73 | 1.4% | −8.1% | 14.8% | 2.8% | – | 0.00% | plus 159.6% |
| COFFEEDAYCoffee Day Enterprises | 31.48 | plus 3.96% | 665 | 3.8 | 0.24 | 7.8% | 7.5% | 14.5% | 6.6% | – | 0.00% | minus 25.2% |
| Median of 7 peers | – | 0.15% | 10,175 | 56.7 | 9.83 | 7.8% | 0.3% | 14.8% | 11.3% | 6.7% | 0.00% | −18.9% |
Quarterly results
| ₹ Cr | Jun 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 698 | 715 | 707 | 823 | 845 | |
| 625 | 625 | 612 | 722 | 735 | |
| 72.8 | 89.5 | 95 | 100 | 110 | |
| 10.4% | 12.5% | 13.4% | 12.2% | 13.0% | |
| 22 | 10.3 | 8 | 19.8 | 22 | |
| 46.8 | 47.1 | 49.8 | 49.5 | 50.1 | |
| 93.4 | 98.4 | 101 | 104 | 106 | |
| – | −2.3 | – | – | – | |
| −45.4 | −47.9 | −47.4 | −33 | −23.8 | |
| −41.9 | −43.5 | −43 | −28.3 | −19.6 | |
| -0.72 | -0.75 | -0.73 | -0.45 | -0.29 |
Profit & loss
- Sales CAGR 3Y
- +11.0%
- ROE
- −12.5%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2,049 | 2,412 | 2,533 | 2,801 | |
| – | +17.7% | +5.0% | +10.6% | |
| 1,934 | 2,152 | 2,262 | 2,457 | |
| 115 | 260 | 271 | 344 | |
| 5.6% | 10.8% | 10.7% | 12.3% | |
| 16.8 | 9 | 11.3 | 15.4 | |
| 105 | 141 | 161 | 189 | |
| 284 | 356 | 371 | 389 | |
| 15.5 | −8.4 | 17.3 | 15.5 | |
| −242 | −237 | −233 | −204 | |
| −221 | −218 | −216 | −187 | |
| -4.48 | -4.40 | -4.33 | -3.19 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 495 | 496 | 582 | 583 | |
| 331 | 130 | 327 | 138 | |
| 1,168 | 1,430 | 1,832 | 1,967 | |
| 500 | 652 | 722 | 694 | |
| 2,493 | 2,709 | 3,463 | 3,382 | |
| 1,962 | 2,304 | 2,574 | 2,818 | |
| 78.6 | 76.7 | 95 | 113 | |
| 0 | 0 | – | 79.5 | |
| 302 | 116 | 560 | 193 | |
| 151 | 211 | 234 | 179 | |
| 2,493 | 2,709 | 3,463 | 3,382 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 124 | 346 | 350 | 303 | |
| 12.9 | −212 | −212 | −494 | |
| −170 | −251 | 385 | −321 | |
| −33 | −117 | 523 | −512 | |
| −352 | −282 | −277 | −372 | |
| −228 | 63.9 | 73.4 | −69.5 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 30.8% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.