| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 845 | 703 | +20.1% |
| EBITDA | 110 | 71.0 | +55.1% |
| EBITDA margin | 13.0% | 10.1% | +2.9 pts |
| Profit before tax | −23.8 | −63.3 | — |
| Net profit | −23.8 | −63.3 | — |
| EPS | −₹0.29 | −₹1.01 | — |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 5,211 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 929 | 168 | 558 | 114 | 302 | ||
| −41.3 | −32.5 | −14.4 | 2.2 | 20.7 | ||
| 270 | 270 | 296 | 170 | 165 | ||
| 4,511 | — | — | — | — | ||
| 3,089 | 2,823 | 2,551 | 2,437 | 2,054 | ||
| — | +10.7% | +4.7% | +18.6% | — | ||
| 395 | 328 | 268 | 242 | 111 | ||
| 12.8% | 11.6% | 10.5% | 9.9% | 5.4% | ||
| −13.6 | −61.1 | −103 | −114 | −173 | ||
| −152 | −204 | −233 | −237 | −242 | ||
| −4.9% | −7.2% | −9.1% | −9.7% | −11.8% | ||
| −₹2.31 | −₹3.21 | −₹3.71 | −₹3.74 | −₹3.80 | ||
| — | +13.5% | +0.8% | +1.5% | — | ||
| — | 303 | 350 | 346 | 124 | ||
| — | −372 | −277 | −282 | −331 | ||
| −69.5 | −69.5 | 73.4 | 63.9 | −207 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 5,210.9 | |
| - Cash, Equiv & ST Investments | 301.9 | 114.3 | 557.8 | 168.5 | 928.8 | |
| + Minority Interest | 20.7 | 2.2 | -14.4 | -32.5 | -41.3 | |
| + Total Debt | 164.8 | 170.2 | 295.6 | 269.9 | 269.9 | |
| Enterprise Value | — | — | — | — | 4,510.6 | |
| Revenue | 2,054.3 | 2,437.1 | 2,550.7 | 2,822.6 | 3,088.9 | |
| Growth %, YoY | — | +18.6 | +4.7 | +10.7 | — | |
| EBITDA | 111.5 | 242.1 | 268.4 | 328.3 | 394.8 | |
| Margin % | 5.43 | 9.94 | 10.52 | 11.63 | 12.78 | |
| EBIT | -172.6 | -114.0 | -103.1 | -61.1 | -13.6 | |
| Net Income | -241.8 | -236.7 | -232.8 | -204.1 | -152.2 | |
| Margin % | -11.77 | -9.71 | -9.13 | -7.23 | -4.93 | |
| EPS, Adj (current shares) | -3.80 | -3.74 | -3.71 | -3.21 | -2.31 | |
| Growth %, YoY | — | +1.5 | +0.8 | +13.5 | — | |
| Cash from Operations | 124.3 | 346.1 | 350.4 | 302.7 | — | |
| Capital Expenditures | -331.3 | -282.2 | -277.0 | -372.2 | — | |
| Free Cash Flow | -207.0 | 63.9 | 73.4 | -69.5 | -69.5 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
Restaurant Brands Asia (NSE: RBA) had a market capitalisation of ₹6,249 crore at the 30 October 2026 close (₹87.74 a share) and a price-to-book ratio of 3.69. In FY26 its consolidated net loss was ₹187 crore on revenue of ₹2,823 crore; in Q2 FY27 (July–September 2026) it was a loss of ₹19.6 crore. Its debt-to-equity ratio was 0.15 on 30 September 2026. Promoters held 41.73% of the shares on 30 September 2026.
Restaurant Brands Asia's PE ratio is not meaningful at the 30 October 2026 close: its consolidated net profit attributable to shareholders over the last four quarters (Q3 FY26 to Q2 FY27) was a loss of ₹134 crore, and a price-to-earnings ratio needs positive earnings. Its market capitalisation was ₹6,249 crore at ₹87.74 a share.
Restaurant Brands Asia's price-to-book (PB) ratio is 3.69 at the 30 October 2026 close: a market capitalisation of ₹6,249 crore divided by shareholders' equity (book value) of ₹1,695 crore on 30 September 2026. That is a book value of ₹23.80 per share against a share price of ₹87.74.
Restaurant Brands Asia's net worth — shareholders' equity in its consolidated balance sheet — was ₹1,695 crore on 30 September 2026, up 110.9% from ₹804 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹6,249 crore at the 30 October 2026 close.
Restaurant Brands Asia's market capitalisation was ₹6,249 crore at the 30 October 2026 close: 71.22 crore shares at ₹87.74 each.
No. Restaurant Brands Asia had borrowings of ₹246 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.15. Its cash and current investments were ₹933 crore, so it held net cash of ₹686 crore.
Restaurant Brands Asia's basic earnings per share (EPS) were −₹3.19 in FY26, against −₹4.33 in FY25.
Restaurant Brands Asia's debt-to-equity ratio was 0.15 on 30 September 2026: borrowings of ₹246 crore against total equity of ₹1,654 crore. A year earlier, on 30 September 2025, it was 0.27.
Restaurant Brands Asia's book value per share was ₹23.80 on 30 September 2026: shareholders' equity of ₹1,695 crore divided by the 71.22 crore shares in issue. The share price at the 30 October 2026 close was ₹87.74.
In FY26 (April 2025–March 2026), Restaurant Brands Asia's consolidated net loss was ₹187 crore, narrower than the loss of ₹216 crore in FY25, on revenue from operations of ₹2,823 crore (up 10.7%).
In FY26, Restaurant Brands Asia's return on equity (ROE) was −23.0% and its return on capital employed (ROCE) was −2.3%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was −28.2% and ROCE −4.4%.
On 30 September 2026, Restaurant Brands Asia's shares were held by promoters 41.73%, foreign portfolio investors (FII/FPI) 8.40%, domestic institutions (DII) 26.70% (including mutual funds at 15.36%) and retail and other non-institutional investors 23.17%. Over the year, FII holding was down 12.25 percentage points from 20.65% and DII holding was down 13.37 percentage points from 40.07%.
In FY26, Restaurant Brands Asia earned net profit attributable to shareholders of ₹187 crore on revenue of ₹2,823 crore, against ₹428 crore on ₹9,513 crore for Jubilant Foodworks. Restaurant Brands Asia's operating margin was −2.2% (Jubilant Foodworks 9.8%) and its return on equity −23.0% (Jubilant Foodworks 19.5%). At the 30 October 2026 close, Restaurant Brands Asia's market capitalisation was ₹6,249 crore against ₹27,839 crore for Jubilant Foodworks.
Promoters held 41.73% of Restaurant Brands Asia on 30 September 2026, up 32.51 percentage points from 9.22% the previous quarter and up 30.46 percentage points from 11.27% a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Restaurant Brands Asia generated ₹303 crore of cash from operations and spent ₹372 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹69.5 crore. In FY25 it was ₹73.4 crore.
Restaurant Brands Asia's latest results are for Q2 FY27 (July–September 2026), filed on 29 October 2026: consolidated net loss ₹19.6 crore, narrower than the loss of ₹58.6 crore in Q2 FY26; revenue from operations ₹845 crore, up 20.1% year on year.
Restaurant Brands Asia has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
On FY26 consolidated figures, against Jubilant Foodworks, Devyani International and Westlife Foodworld: Restaurant Brands Asia's operating margin of −2.2% is the lowest of the four (Jubilant Foodworks 9.8%, Devyani International 3.5%, Westlife Foodworld 4.2%; peer average 5.8%); its return on equity of −23.0% is the lowest of the four (Jubilant Foodworks 19.5%, Devyani International −2.9%, Westlife Foodworld 5.3%; peer average 7.3%); its revenue growth over three years of 11.2% a year is the third highest of the four (Jubilant Foodworks 22.6% a year, Devyani International 23.2% a year, Westlife Foodworld 4.5% a year; peer average 16.8% a year).
From Restaurant Brands Asia's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.