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Restaurant Brands Asia share price & results

Restaurant Brands Asia Limited· Consumer Services· Consumer Discretionary

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Exclusive master franchisee running Burger King in India & Indonesia and Popeyes in Indonesia.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue823 ₹ crore+17.9% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin12.0 %+2.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit-33.0 ₹ crore—Quarterly, as filedQuarter to Jun 2026Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown.
Return on equity-20.96 %+5.4 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-2.44 %−5.3 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)13.30 %+6.0 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

6 of 8 judged targets kept · 7 open · verdicts reflect calls analysed to Q1 FY27.

Restaurant Brands Asia Limited management guidance track record on Inve: 15 targets tracked across analysed earnings calls (6 achieved, 2 missed, 7 open).

TargetOriginal wordingSaidLatest callVerdict
India Gross Profit Margin (%)targeting ~70% by FY '29
Call transcript, Q4 FY25 · 19 May 2025		Q4 FY25Q1 FY27:India gross margin was 70.8%, remaining above the achieved target. A new, higher target of 72% has been set.
Call transcript, Q1 FY27 · 3 Aug 2026		Achieved
Indonesia Business Profitabilitypositive cash flow / breakeven very quickly
Call transcript, Q3 FY25 · 29 Jan 2025		Q3 FY25Q1 FY27:Promise remains missed. While BK Indonesia is profitable at the restaurant level (₹6.4 cr EBITDA), Popeyes continues to post losses (₹3 cr loss), and the consolidated business is not at breakeven.
Call transcript, Q1 FY27 · 3 Aug 2026		Missed
Total Restaurants (India)about 800 restaurants by FY '29
Call transcript, Q4 FY25 · 19 May 2025		Q4 FY25Q1 FY27:Added 9 stores in India (from 581 to 590). Management reiterated the goal of adding 'around 80 restaurants on an annual basis', keeping the long-term target on track.
Call transcript, Q1 FY27 · 3 Aug 2026		On Track

Source: Inve Guidance Tracker for Restaurant Brands Asia Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

2 of Restaurant Brands Asia Limited's 15 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 12 more targets are in the full ledger.

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Price

₹91.9 +4.14% · +₹3.65

Last close 26 Oct 2026 · NSE · INR · Source: Inve

Performance +29.3% 1Y

₹60₹80₹100Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 4 Nov 2025Q3 FY26 — 6 Feb 2026Q4 FY26 — 15 May 2026Q1 FY27 — 3 Aug 2026

1Y: ₹71.07 on 24 Oct 2025 → ₹91.9. High ₹106.45 (24 Aug 2026), low ₹57.26 (30 Mar 2026).

Previous close
₹88.25
Market cap
₹6.5k Cr
52-week range
₹57.26 – ₹106.45
One year
+28.07%
Return on equity (TTM to Jun 2026)
-20.96%

Overview

Symbol
NSE:RBA
Industry
Consumer Discretionary
Exchange
NSE
Currency
INR

What Restaurant Brands Asia Limited does

Based on the company's own presentations, annual report and earnings calls.

Restaurant Brands Asia is the exclusive master franchisee of the global Burger King brand in India and Indonesia, and of Popeyes in Indonesia, operating a network of company-run quick-service restaurants under long-term franchise agreements with the global brand owners. It earns revenue by selling burgers, fried chicken and snack items to dine-in, delivery and takeaway customers across this restaurant network. A dedicated BK Café format, embedded within most Burger King restaurants, adds a coffee, beverages and dessert daypart offering. The company runs a digital-first operating model — branded King's Journey — using its own app, self-order kiosks and QR/table ordering to route the majority of guest orders through digital rather than staffed counter channels.

Segments

  • India
  • Indonesia
Restaurants in India
581 (as of March 31, 2026)
Restaurants in Indonesia
162 — 137 Burger King + 25 Popeyes (FY26)
BK Café outlets in India
464, present in ~90% of restaurants (FY2025)
Restaurants on King's Journey 100% digital dine-in model
466 stores, ~90% of restaurant network (FY2025)
BK App installs
18 million+ (FY2025)
Franchise rights held
Sole master franchisee of Burger King in India and Indonesia, and of Popeyes in Indonesia
Founded 2014Headquarters Mumbai, India Company website

How the price took the results

close before → close after

Q1 FY27
+6.2%
3 Aug
Q4 FY26
+1.1%
15 May
Q3 FY26
−0.0%
6 Feb
Q2 FY26
−0.5%
4 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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