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Burger King's India operator posts wider Q1 loss on higher costs  Restaurant Brands Asia on Monday reported a steeper first-quarter loss, as Burger King's India operator incurred higher raw material expenses while also spending heavily on more stores. The restaurant chain's consolidated net loss widened to 504.8 million rupees ($6.1 million) for the quarter ended June 30, from 475 million rupees a year ago, according to an exchange filing. Total expenses increased over 21% to 6.72 billion rupees, with cost of materials consumed climbing ...
Burger King's India operator posts wider Q1 loss on higher costs
Burger King's India operator posts wider Q1 loss on higher costs
Source: Reuters
7/08/2023 12:02:19 PM
The world`s cheapest Domino`s pizza is in inflation-hit India. It costs $0.60 Q: How does the world's biggest pizza brand respond to high inflation in the world's most populous nation? A: With the world's cheapest Domino's pizza. The 49-rupee ($0.60) pizza in India, Domino's No.1 market outside America, is the tip of the spear in its fight against rampant inflation that's squeezing profits and pricing out many customers, according to the CEO of its franchisee there. The company wants to "own that price point", said Sameer Khetarp...
The world`s cheapest Domino`s pizza is in inflation-hit India. It costs $0.60
The world`s cheapest Domino`s pizza is in inflation-hit India. It costs $0.60
Source: Reuters
20/07/2023 9:39:52 AM
Everstone in talks to sell stake in India`s Burger King franchisee Private equity firm Everstone Capital is in talks to sell its roughly 41% stake in Restaurant Brands Asia Ltd, the master franchisee of Burger King in India and Indonesia, CNBC Awaaz reported on Thursday. The Singapore-headquartered buyout firm is in talks with Jubilant Foodworks, which operates Domino's in India, as well as a consortium of PE firms Advent International and General Atlantic, the report said. Everstone Capital, through its investment vehicle QSR Asia Pte Ltd, held a ...
Everstone in talks to sell stake in India`s Burger King franchisee
Everstone in talks to sell stake in India`s Burger King franchisee
Source: Reuters
18/05/2023 12:37:13 PM
Buy Burger King India Ltd For Target Rs.200 - ICICI Securities Executing well; good recovery play Burger King reported a decent quarter in terms of revenue (up 64% QoQ) and gross margin print (+65%). Two key highlights (1) ADS in October was above FY20 levels and (2) soft launch of a BK Café is done in Mumbai (10 more under construction). Focus continues on strengthening (1) delivery platform (including own app) – 65% QoQ growth in BK App Delivery revenue, (2) value offering (Stunner Menu (media campaign launched) – sold in 1 in eve...
Buy Burger King India Ltd For Target Rs.200 - ICICI Securities
Buy Burger King India Ltd For Target Rs.200 - ICICI Securities
Source: ICICI Securities Ltd
24/12/2021 12:00:21 PM
Key News - Burger King India Ltd, State Bank of India Ltd, SpiceJet, Jindal Steel and Power Ltd By ARETE Securities Key News Burger King India plans to raise Rs 1,500 crore via securities Restaurant chain Burger King India on Wednesday said it plans to raise up to Rs 1,500 crore through further issuance of securities. The board of directors of the company, at its meeting held on Wednesday, also approved increasing the authorised share capital to Rs 600 crore from Rs 550 crore, along with the changing of the name of the company from Burger King India Ltd to Restaurant Brands Asia Ltd, it said in a reg...
Key News - Burger King India Ltd, State Bank of India Ltd, SpiceJet, Jindal Steel and Power Ltd By ARETE Securities
Key News - Burger King India Ltd, State Bank of India Ltd, SpiceJet, Jindal Steel and Power Ltd By ARETE Securities
Source: ARETE Securities Ltd
16/12/2021 9:25:26 AM
Burger King India jumps on getting nod to raise upto Rs 1,500 crore Burger King India is currently trading at Rs. 157.05, up by 0.95 points or 0.61% from its previous closing of Rs. 156.10 on the BSE. The scrip opened at Rs. 156.15 and has touched a high and low of Rs. 160.65 and Rs. 154.80 respectively. So far 157228 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 219.15 on 17-Dec-2020 and a 52 week low of Rs. 126.15 on 05-May-2021. Last one week high and low of the scrip stoo...
Burger King India jumps on getting nod to raise upto Rs 1,500 crore
Burger King India jumps on getting nod to raise upto Rs 1,500 crore
Source: Accord Fintech
15/12/2021 2:25:03 PM
Buy Burger King India Ltd For Target Rs.200 - ICICI Securities On the right track; good recovery play Burger King reported a decent quarter in terms of revenue (down 24% QoQ) and gross margin print (+65%). Focus continues on strengthening (1) delivery platform (including own app), (2) value offering (Stunner Menu) and (3) store expansion. Consumer response (to innovation in Whopper range) appears good with 1 in every 3 orders having a Whopper. We see multiple short-to-medium-term tailwinds: (1) likely sharper revenue recovery (once consumption norm...
Buy Burger King India Ltd For Target Rs.200 - ICICI Securities
Buy Burger King India Ltd For Target Rs.200 - ICICI Securities
Source: ICICI Securities
14/10/2021 11:08:14 AM
Buy Burger King India Ltd For Target Rs.210 - Motilal Oswal Recovery trends in Jul’21 and Aug’21 are encouraging * Despite dine-in restrictions due to the second COVID wave, BURGERKI delivered a strong 1QFY22 performance, led by the delivery channel. The recovery trends in Jul-Aug’21 continue to remain encouraging. * The advancement of BK Café to 3Q from its previous guidance of 4QFY22 is a positive. As highlighted in our initiating coverage note, BK Café will be a key lever driving SSSG and margin. However, it wi...
Buy Burger King India Ltd For Target Rs.210 - Motilal Oswal
Buy Burger King India Ltd For Target Rs.210 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
8/10/2021 9:30:49 AM
Quote on Burger King India has entered into a non-binding understanding to acquire Burger King Indonesia by Mr. Amarjeet Maurya, Angel Broking Ltd Below is quote on Burger King India has entered into a non-binding understanding to acquire Burger King Indonesia by Mr. Amarjeet Maurya, - AVP - Mid Caps, Angel Broking Ltd Burger King India (BKIL) has entered into a non-binding understanding to acquire  85% stake in PT Sari Burger Indonesia (“BK Indonesia”) from F&B Asia  ventures (65.8%) and Mitra Adiperkasa (19.2%). The transaction values BK  Indonesia at USD183mn and it will fund ...
Quote on Burger King India has entered into a non-binding understanding to acquire Burger King Indonesia by Mr. Amarjeet Maurya, Angel Broking Ltd
Quote on Burger King India has entered into a non-binding understanding to acquire Burger King Indonesia by Mr. Amarjeet Maurya, Angel Broking Ltd
Source: Angel Broking Ltd
30/08/2021 1:40:21 PM
Buy Burger King India Ltd For Target Rs. 210 - Motilal Oswal Burger King India (BURGERKI) is one of the youngest and fastest growing players in India’s quick service restaurant (QSR) sector. It is focused on establishing and operating Burger King restaurants across India. The brand is globally popular for its signature product Whopper. BURGERKI offers its services via four channels – dine-in, takeaway, delivery and drive-thrus. We initiate coverage with a Buy rating and a TP of INR210.   Whopper of an Opportunity Big shift in ...
Buy Burger King India Ltd For Target Rs. 210 - Motilal Oswal
Buy Burger King India Ltd For Target Rs. 210 - Motilal Oswal
Source: Motilal Oswal Financial Services
27/07/2021 11:01:12 AM
Midcap Stock Idea - Buy Burger King India Ltd For Target Rs. 218 By Angel Broking Ltd Midcap Stock Idea - Buy Burger King India Ltd For Target Rs. 218 By Angel Broking Ltd Burger King India Ltd (BKIL) is into the business of Quick Service Restaurants(QSR) under the brand name of 'Burger King'. QSR industry is expected to grow ~23% CAGR over FY20-25 which would benefit the player like BKIL. Over FY16-20, BKIL has reported revenue CAGR of ~56% which outperformed its peers during the same period. BKIL is expected to add more than 200 stores in the next 3 years which wo...
Midcap Stock Idea - Buy Burger King India Ltd For Target Rs. 218 By Angel Broking Ltd
Midcap Stock Idea - Buy Burger King India Ltd For Target Rs. 218 By Angel Broking Ltd
Source: Angel Broking Ltd
22/07/2021 1:20:11 PM
Buy Burger King India Ltd For Target Rs. 200 - ICICI Securities Recovery play in discretionary; initiate at BUY Burger King India (BKI) is one of the fastest expanding international QSR chains in India during the first five years of operations (opened ~260 stores) and it plans to open 700 restaurants by Dec’26. We believe the flexibility around three key business aspects (menu, pricing and supply chain) along-with QSR industry’s expected growth of 23% CAGR over FY20-FY25P are key growth drivers. We see multiple short-to-medium-term tailw...
Buy Burger King India Ltd For Target Rs. 200 - ICICI Securities
Buy Burger King India Ltd For Target Rs. 200 - ICICI Securities
Source: ICICI Securities Ltd
13/07/2021 10:18:26 AM
LKP Spade, Weekly Pick - Buy Burger King India Ltd For Target Rs. 173 - LKP Securities * Stock has given inverse head and shoulder pattern breakout on five hour chart which consider to be a bullish reversal pattern by nature. * Good volume activity has been witnessed at the time of breakout. * Both momentum indicator RSI & MACD are showing positive move. Buy Burger King India Ltd @161-162 TGT 173 Stop Loss Below Rs. 153 CB Duration 1 Week   To Read Complete Report & Disclaimer Click Here   ...
LKP Spade, Weekly Pick - Buy Burger King India Ltd For Target Rs. 173 - LKP Securities
LKP Spade, Weekly Pick - Buy Burger King India Ltd For Target Rs. 173 - LKP Securities
Source: LKP Securities Ltd
7/06/2021 10:51:00 AM
Burger King India posts Q4 net loss of Rs 25.94 cr The company reported standalone net loss during the quarter stood at Rs 25.94 crore as compared to net loss of Rs 37.41 crore in the previous year quarter. Net revenue of the company rose marginally by 2.65 per cent at Rs 196.05 crore in January-March quarter of this fiscal as against Rs 190.99 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 0.87 per cent to Rs 171.58 crore from Rs 170.10 crore in year ago period. Other Income grew...
Burger King India posts Q4 net loss of Rs 25.94 cr
Burger King India posts Q4 net loss of Rs 25.94 cr
Source: Dion Global Solutions Ltd
27/05/2021 10:39:53 AM
Burger King India - 4QFY21 Result Update by Mr. Amarjeet Maurya, Angel Broking Below are Views On Burger King India - 4QFY21 Result Update by Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd During the 4QFY21, Burger King India Ltd (BKIL) reported revenue of ~Rs196cr (up ~3% YoY). Top-line was negatively impacted mainly due COVID-19. On the EBITDA front, the company has reported Rs24.6cr and EBITDA margin at 12.5% (up by 160bps yoy). EBITDA margin has increased due to lower cost. On the bottom-line front, BKIL reported a...
Burger King India - 4QFY21 Result Update by Mr. Amarjeet Maurya, Angel Broking
Burger King India - 4QFY21 Result Update by Mr. Amarjeet Maurya, Angel Broking
Source: Angel Broking Ltd
27/05/2021 8:48:46 AM