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Barbeque Nation Hospitality Ltd (BNHL), incorporated in 2006, owns and operates Barbeque Nation Restaurants, one of the leading casual dining restaurant chains in India. As of 31st December, 2020, the company has 164 restaurants owned and operated by them, which includes 147 Barbeque Nation Restaurants (including opened, temporarily closed and under construction outlets) across 77 cities in India, 6 International Barbeque Nation Restaurants across 4 cities outside India and 11 Italian Restaurants across three metro cities in India, of which 9 are operated under the brand name ‘Toscano’ and 1 each under the brand names ‘La Terrace’ and ‘Collage’, respectively. In addition, BNHL has 1 Barbeque Nation Restaurant, which is operated by a third-party on a franchise model.

During FY18-20, BNHL’s revenue grew at a 20.2% CAGR to Rs. 847 cr in FY20. Over the same period, its EBITDA grew at a CAGR of 9.8% to Rs. 164 cr in FY20. The company earned a net profit of Rs. 7 cr in FY18 and a loss of Rs. 32 cr in FY20

Key Highlights:

* In FY 2020, the size of the chain casual dining market is estimated at Rs.134 bn. The segment is expected grow at a healthy CAGR of 18% to reach Rs.302 bn by FY 2025. BNHL, being a leading company in the casual dining sector, is well positioned for growth in the near future.

* Through its Barbeque Nation Restaurants, the company pioneered the format of the 'over the table barbeque' concept in Indian restaurants according to the Technopak Report. Live grills embedded in dining tables allow guests to grill their own barbeques.

* BNHL offer competitive attractions, such as a wide range of vegetarian and non-vegetarian appetizers and main courses, a popular dessert menu, a pleasant and casual dining environment and prompt service, thereby making it a popular destination for celebrations.

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