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Buy Restaurant Brands Asia Ltd For Target Rs.140 - Motilal Oswal Financial Services Ltd India outshines amid tough macros; Indonesia loss narrows * RBA’s India business posted 20%/48% YoY growth in revenue/EBITDA (in line) in 3QFY24. Store addition was healthy (added 38 stores), with SSSG at 2.6% (est. 3.5%). Amid a tough demand environment, most QSR brands are expected to post muted growth metrics (SSSG, ADS). We believe RBA’s performance is better than its peers’. As the near-term industry demand outlook remains weak, RBA has lowered its SSSG guidance for ...
Buy Restaurant Brands Asia Ltd For Target Rs.140 - Motilal Oswal Financial Services Ltd
Buy Restaurant Brands Asia Ltd For Target Rs.140 - Motilal Oswal Financial Services Ltd
Source: motilal oswal financial services Ltd
2024-04-27 02:12:59 pm
Buy Restaurant Brands Asia Ltd For Target Rs.140 - Motilal Oswal Financial Services Ltd India outshines amid tough macros; Indonesia loss narrows * RBA’s India business posted 20%/48% YoY growth in revenue/EBITDA (in line) in 3QFY24. Store addition was healthy (added 38 stores), with SSSG at 2.6% (est. 3.5%). Amid a tough demand environment, most QSR brands are expected to post muted growth metrics (SSSG, ADS). We believe RBA’s performance is better than its peers’. As the near-term industry demand outlook remains weak, RBA has lowered its SSSG guidance for ...
Buy Restaurant Brands Asia Ltd For Target Rs.140 - Motilal Oswal Financial Services Ltd
Buy Restaurant Brands Asia Ltd For Target Rs.140 - Motilal Oswal Financial Services Ltd
Source: motilal oswal financial services Ltd
2024-04-26 02:44:55 pm
Reduce Restaurant Brands Asia Ltd For Target Rs. 112 - Centrum Broking Ltd Restaurant Brands Asia – Weak consumer sentiments ruling VFM demand (Reduce, TP: Rs112) RBA’s Q3FY24 print was below our expectations; standalone revenue/EBITDA grew by 20.5%/47.9% while PAT loss cut to Rs64mn. With 441 stores SSSG of 2.6% indicates continued weakness in consumer sentiments. With 334 BK café covering 76% store its ADS stood flat at Rs119K (-5.5% QoQ). Management alluded sharp focus on building traffic using VFM layer through menu...
Reduce Restaurant Brands Asia Ltd For Target Rs. 112 - Centrum Broking Ltd
Reduce Restaurant Brands Asia Ltd For Target Rs. 112 - Centrum Broking Ltd
Source: Centrum Broking Limited
2024-03-01 12:30:23 pm
Buy Restaurant Brands Asia Ltd For Target Rs.112 - Centrum Broking RBA’s Q3FY24 print was below our expectations; standalone revenue/EBITDA grew by 20.5%/47.9% while PAT loss cut to Rs64mn. With 441 stores SSSG of 2.6% indicates continued weakness in consumer sentiments. With 334 BK café covering 76% store its ADS stood flat at Rs119K (-5.5% QoQ). Management alluded sharp focus on building traffic using VFM layer through menu innovation (Rs99/- meal) yielding good results. RBA said it is building price leadership and value credentials ...
Buy Restaurant Brands Asia Ltd For Target Rs.112 - Centrum Broking
Buy Restaurant Brands Asia Ltd For Target Rs.112 - Centrum Broking
Source: Centrum Broking Limited
2024-02-20 12:57:29 pm
Restaurant Brands Asia jumps as its arm executes facility agreement with Axis Bank for term loan Restaurant Brands Asia is currently trading at Rs. 117.45, up by 2.45 points or 2.13% from its previous closing of Rs. 115.00 on the BSE. The scrip opened at Rs. 115.25 and has touched a high and low of Rs. 120.00 and Rs. 114.95 respectively. So far 244839 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 137.85 on 15-Sep-2023 and a 52 week low of Rs. 83.71 on 29-Mar-2023. Last one week high and low of the scrip ...
Restaurant Brands Asia jumps as its arm executes facility agreement with Axis Bank for term loan
Restaurant Brands Asia jumps as its arm executes facility agreement with Axis Bank for term loan
Source: Accord Fintech
2023-12-08 12:54:31 pm