Restaurants
16 recent notes from companies in this sector. 9 companies tracked.
Sapphire Foods clears exchange hurdle for Devyani merger
NSE and BSE give no-objection letters, but CCI approval and a secondary sale of up to 18.5% by promoter entity are required before NCLT filing.
Devyani gets exchange clearances for Sapphire merger
With NSE and BSE raising no objections, the scheme can be filed with NCLT. The 177:100 share swap would create India's largest QSR chain.
Vegorama Punjabi Angithi posts 47% profit jump in maiden full-year results
First audited results since May IPO show revenue up 39% to ₹14,086.87 lakhs and net profit at ₹1,203.71 lakhs, with unmodified audit opinion. Stock trades at 34.5x trailing earnings.
GIC pares Sapphire Foods stake to 5.003% in ₹68 cr sale
Singapore sovereign wealth fund sold 4 million shares, cutting holding from 6.248% to 5.003%. The sale falls below the 3%-of-market-cap materiality threshold but signals softening conviction.
Travel Food Services posts Q4 call transcript. Nothing new inside.
The formal record of a call the market already heard. It confirms, but does not advance.
United Foodbrands' volume surge powers its best quarter yet
Q4 revenue rose 23.1% on a 43% jump in dine-in transactions with no price increases. The company plans a ₹140 cr expansion to cross 300 stores.
Neopolitan Pizza signs master franchise deal to enter Maharashtra
The Gujarat-based firm is shifting to a regional management model to scale its footprint in Maharashtra without direct capital expenditure.
Sapphire Foods faces ₹977 million GST demand from Tamil Nadu
The QSR operator intends to contest the claim for alleged excess input tax credit. The demand represents roughly 1.6% of its market cap.
Travel Food gave contradictory answers on receivables and a key Delhi concession
A ₹2.64bn receivables surge and a wrong concession date overshadowed a strong FY26 results call.
Speciality Restaurants targets ₹600 cr revenue after new CEO and an April sales surge
Same-store sales jumped 11.57% in April after renovations, following a sluggish 2.25% in Q4. The company plans to add 32 outlets and named a new CEO.
Travel Food Services profit climbs 22% as network hits 550 outlets
The airport food operator posted a 25.4% jump in system-wide sales to ₹32,144 million, fueled by 76 new store openings and a 9.4% increase in like-for-like growth.
Travel Food Services posts 23% profit growth in steady annual results
Revenue climbed 7.2% to ₹13,021 million as the company maintained its historical dividend payout with a ₹10.25 per share recommendation.
Pecos Hotels grows revenue 13%, profit 15% in FY26
Annual results show steady, if unremarkable, progress for the nano-cap hospitality firm.
Devyani says KFC posted strongest SSSG in 14 quarters
4.9% same-store sales growth at KFC, 200-225 net new stores guided for FY27. Transcript adds color on Sapphire Foods merger and tech investments.
Speciality Restaurants opens Italian outlet after saying it would ditch the format
After telling investors it was done with Italian, the chain launches SICILIANA in Bangalore. No numbers attached, so the question is intent.
CCI clears Restaurant Brands Asia's ₹1,500-cr promoter swap
Regulatory nod removes key condition precedent, paving way for Lenexis Foodworks to take control.