BIRDYS
Grill Splendour Services financials
- Market cap
- ₹61 Cr
- Sector
- Consumer Services
What Grill Splendour Services Limited does
Grill Splendour Services Limited runs a chain of gourmet bakery and patisserie retail stores under the Birdy's Bakery and Patisserie brand across Mumbai. It makes and sells cakes & pastries, food items, beverages and desserts through its own retail stores, a centralized production facility, franchisee-operated stores and multiple corporate clients. The company was incorporated in November 2019 to acquire the Birdy's bakery and confectionery business and brand from WAH Restaurants Private Limited.
Segments
- Cakes & Pastries
- Food Sale
- Beverages
- Desserts
- Retail stores
- 40 (across Mumbai)
- Company-owned stores
- 35
- Franchisee-operated stores
- 5
- Centralized production facilities
- 1
- Permanent employees on roll
- 145 (as of March 31, 2025)
Quarterly results
Q4 FY26: revenue down 28.6%, net profit down 600.0% against the same quarter last year.
| Line item | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|
| Revenue | 10 | 7 | 7 | 4 | 6 −40% | 5 −29% | 5 −29% |
| EBITDA | 3 | 1 | 0 | -2 | -4 −233% | -4 −500% | -3 |
| Net profit | 2 | 1 | -1 | -1 | -3 −250% | -3 −400% | -7 −600% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −29.4% 1Y
1Y: ₹121 on 10 Sept 2025 → ₹85.45. High ₹151.9 (27 Oct 2025), low ₹84.1 (19 Aug 2026).
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹4 Cr | ₹6 Cr | ₹6 Cr |
| Reserves | ₹0 Cr | ₹0 Cr | ₹2 Cr | ₹0 Cr | ₹17 Cr | ₹13 Cr |
| Borrowings | ₹1 Cr | ₹1 Cr | ₹3 Cr | ₹15 Cr | ₹3 Cr | ₹3 Cr |
| Other liabilities | ₹2 Cr | ₹2 Cr | ₹3 Cr | ₹3 Cr | ₹2 Cr | ₹3 Cr |
| Total liabilities | ₹3 Cr | ₹3 Cr | ₹8 Cr | ₹22 Cr | ₹28 Cr | ₹25 Cr |
| Fixed assets | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹2 Cr | ₹8 Cr | ₹4 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹2 Cr | ₹2 Cr | ₹6 Cr | ₹20 Cr | ₹21 Cr | ₹21 Cr |
| Total assets | ₹3 Cr | ₹3 Cr | ₹8 Cr | ₹22 Cr | ₹28 Cr | ₹25 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jul 2026
Since Jun 2025, FIIs added +12.37 pp while promoters trimmed −6.85 pp. The shareholder count shrank 41% to 151.
- Promoters
- 26.9%
- FIIs
- 20.3%
- Public
- 52.8%
Since Jun 2025
- FIIs +12.37 pp
- Promoters −6.85 pp
- Public −5.51 pp
How it drifted, 8 quarters
Over this window FIIs went from 0.0% to 20.3% — +20.3 pp.
Ownership split by quarter, oldest first. Sep '24: Promoters 36.6%, Public 63.4%.Mar '25: Promoters 36.6%, Public 63.4%.Jun '25: Promoters 33.7%, FIIs 8.0%, Public 58.3%.Sep '25: Promoters 33.7%, FIIs 8.0%, Public 58.3%.Nov '25: Promoters 32.6%, FIIs 16.9%, Public 50.5%.Mar '26: Promoters 30.3%, FIIs 22.8%, Public 46.9%.Jun '26: Promoters 27.6%, FIIs 20.8%, Public 51.6%.Jul '26: Promoters 26.9%, FIIs 20.3%, Public 52.8%.
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Resonance Opportunities Fund FPI fund +6.10 pp 17.51% held
- Ketan Rambhai Gorania +1.98 pp 24.09% held
The same filing shows 5 holders trimming and 2 off the list — both are in the register beside this.
Who is on the register
Named in the Jul 2026 filing
Every holder of Grill Splendour Services Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| Ketan Rambhai Gorania | 24.09% | +1.98 pp |
| Resonance Opportunities Fund FPI fund | 17.51% | +6.10 pp |
| Srinidhi V Rao | 13.44% | −0.35 pp |
| Vandana Shrinidhi Rao | 13.43% | −0.35 pp |
| Ajay Krishnakant Parikh | 13.26% | −0.35 pp |
| Paras Sarabhai Doshi | 4.26% | unchanged |
| Elysian Wealth Fund FPI fund | 2.82% | −0.07 pp |
| Bagaria Properties And Investment Private | 1.72% | −0.05 pp |
| Shree Bhuvanakaram Tradinvest Private Limited | 1.18% | unchanged |
| Panache Associates ��� Prop. Vivek Vijaykumar Sood | 0.00% | unchanged |
| Vivek Sood | 0.00% | unchanged |
| Sumitra Venkoba Rao | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Grill Splendour Services Limited
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