Restaurant Brands Asia (RBA) reported a 16.5% YoY revenue increase to INR 5,773 Mn for Q3 FY26. The company continues its expansion strategy with 67 new stores opened YoY, reaching a total of 577 stores. Inspira Global will acquire a controlling interest in RBA, also triggering an open offer to the public shareholders.
Financial Performance Highlights
Restaurant Brands Asia (RBA) showcased strong financial performance in Q3 FY26, with key highlights including:
- Revenue from Operations: INR 5,773 Mn, a 16.5% YoY increase.
- Average Daily Sales: INR 117K, demonstrating a 4.5% Same-Store Sales Growth (SSSG).
- Restaurant EBITDA: INR 749 Mn, up 25.7% YoY.
- Gross Margin: 69.9%.
This growth was driven by both the addition of new stores and strong same-store sales growth across dine-in and delivery channels.
India Business Summary: Q3 FY26
In India, RBA reported positive trends, including:
- Positive dine-in traffic growth for 11 consecutive quarters.
- Successful scaling up of the Dine-in King’s Journey with 92% of orders through digital channels in self-ordering kiosk stores.
- 47% growth in monthly active users due to CRM rollout.
Indonesia Performance
Key measures to improve overall performance in Indonesia include:
- Focus on increasing sales through value and menu innovation.
- Improved Restaurant Profitability with Burger King store EBITDA improvement.
- Reduction in Corporate Overheads by IDR 9 Billion in 9M FY26.
- Popeyes brand awareness through Menu innovation and Social Media campaigns.
Marketing Initiatives & Innovations
RBA has been actively innovating with its menu and marketing strategies, including:
- Launching the Korean Spicy Fest.
- Relaunching King’s Collection with Premium Brioche Buns.
- Introducing new patties (Paneer, Cheese, Fried Chicken).
- Thematic promotions (e.g., Celebration Meals).
- Utilizing innovative User-Generated Content (UGC) campaigns.
Acquisition by Inspira Global
QSR Asia Pte. Ltd. (QSR) entered into definitive agreements pursuant to which Inspira Global will purchase the entire shareholding of 11.26% from QSR in RBA for approximately Rs. 460 crores.
In addition to the share purchase, Inspira Global proposes to infuse approximately Rs. 900 crores through a preferential allotment of equity shares and Rs. 600 crores through a preferential allotment of warrants. The transactions will be executed inter-alia through Lenexis Foodworks Private Limited at a price of Rs. 70 per share.
Future Outlook
RBA aims to open 60 to 80 new restaurants every year. Gross profit margin is expected to be around 70% by FY29.
Source: BSE
