Restaurant Brands Asia (RBA) announced strong Q3 FY26 results, marking the 11th consecutive quarter of positive sales. The company ended December with 577 restaurants, a number that has since increased to 580. Total revenue was INR 577 crores, up 16.5% year-over-year. Company EBITDA reached INR 40.6 crores, a 31.5% increase, driven by value strategies and digital advancements.
India Business Highlights
RBA’s India business demonstrated significant growth in Q3 FY26. Key highlights include:
- Store Count: Ended the quarter with 577 stores, a growth of 67 stores year-over-year.
- SSSG: Reported 4.5% Same-Store Sales Growth (SSSG), with the quarter being stronger than previous years.
- Delivery Mix: Delivery accounted for approximately 43%-44% of sales, with improved gross margin on delivery due to reduced discounts.
- Restaurant EBITDA:INR 75 crores was generated at the restaurant level.
- Company EBITDA: Company EBITDA stood at INR 40 crores or INR 41 crores.
Indonesia Business Update
Significant progress has been made in turning around the Indonesia business:
- Burger King Indonesia has achieved 4 consecutive quarters of positive SSSG, driven by increased dine-in traffic.
- Corporate G&A expenses were further reduced by IDR 9 billion (approximately INR 4.5 crores).
- A strong chicken portfolio has been developed to address gaps in the menu.
- Burger King Indonesia is recognized as the number 1 burger brand in the country.
Strategic Initiatives and Outlook
- The company continues to focus on its value proposition, strengthening both core and premium menus.
- Digital channels account for 92% of all orders, with a 47% growth in monthly active users year-over-year.
- Gross margin improvements are driven by supply chain efficiencies and reduced delivery discounts.
- The company is on track to reach approximately 600 restaurants by the end of Q4 FY26.
Transaction Update
RBA has entered into a definitive agreement with Inspira Global Group, involving an equity infusion of INR 900 crores and issuance of warrants worth INR 700 crores, at a price of INR 70 per share. Post-transaction, Inspira is expected to have approximately 35% of the total holding.
Source: BSE
