{
Barbeque-Nation Hospitality Limited

Companies

}
001122334455554433221100
001122334455554433221100

Barbeque Nation Hospitality reports modest growth amid challenging demand conditions

Barbeque Nation Hospitality reported a 1.3% YoY revenue growth, hindered by increased vegetarian days and sluggish demand, with same-store sales growth at -2.5% in 2QFY25. Despite flat dine-in revenue, delivery increased by 4%, and the company achieved a 210bp YoY expansion in gross margin to 68.1%. The outlook remains cautious for FY25, prompting a Neutral rating with a target price of INR 600, based on a 17x Sep’26E Pre Ind-AS EV/EBITDA.
Moneycontrol
Indian Rupee Barbeque-Nation Hospitality Limited IND Motilal Oswal
Finance & Economy, Market Report
12:43 14.11.2024
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