Speciality Restaurants Reports 39% Jump in Consolidated Profit for Q1FY27

Speciality Restaurants Limited, a leading fine dining restaurant chain, operates some of India's most recognised Restaurants and confectionary brands, which includes Mainland China, its flagship, along with Asia Kitchen by Mainland China, Oh! Calcutta, Gong, Siciliana, Sigree-Global Grill, Haka, Sweet Bengal and Walters to name just a few.

Standalone Results: Total income for the quarter stood at ₹ 125.79 crore, up 15.69% from ₹ 108.73 crore in the same quarter last year. EBITDA rose 17.56% to ₹ 27.85 crore, and profit after tax grew 21.13% to ₹ 6.88 crore. Total comprehensive income came in at ₹ 6.57 crore, compared to ₹ 6.09 crore in Q1FY26.

Consolidated Results:

On a consolidated basis, total income for the quarter was ₹ 131.30 crore, up 14.66% from ₹ 114.51 crore a year earlier. EBITDA grew 21.28% to ₹ 28.61 crore, while profit after tax rose to ₹ 7.11 crore, up from ₹ 5.12 crore in Q1FY26. Total comprehensive income for the quarter stood at ₹ 6.73 crore, against ₹ 6.56 crore in the same period last year.

Commenting on the results, Mr. Anjanmoy Chatterjee, Chairman & Managing Director, Speciality Restaurants Limited, said, "We are pleased to report a strong start to FY27, with Revenue from Operations growing by 16.8% year-on-year and, more importantly, PAT growing by 38.9% to ₹ 7.11 crore. The fact that our profit growth has significantly outpaced revenue growth is particularly encouraging and reflects the progress we are making in improving operating efficiency and profitability.

Our 11.35% same-store sales growth across restaurants and confectioneries is another important indicator of the strength of our existing portfolio. SSSG demonstrates that our established outlets continue to see healthy consumer demand and are generating strong organic growth, independent of the contribution from new stores.

We remain focused on improving the productivity of our existing network, enhancing customer experience, maintaining cost discipline and pursuing calibrated expansion. Our objective is to build on this momentum and deliver sustainable revenue and profitability growth in the quarters ahead.

We believe the combination of strong same-store growth, healthy revenue momentum and significant improvement in profitability positions Speciality Restaurants well for the next phase of growth and value creation."

The quarter also saw a leadership change at the company, with Avik Chatterjee taking charge as Chief Executive Officer in Q1FY27. Mr. Avik Chatterjee has spent much of his career within the organisation and has played a hands-on role in building and scaling several of its restaurant brands.

Avik Chatterjee, Chief Executive Officer, Speciality Restaurants Limited, said: "Speciality Restaurants is at an important stage in its growth journey, and I see a clear opportunity to build on the momentum we have created. My priorities will be to strengthen our existing brands, expand into the right markets and create new concepts that respond to evolving customer preferences.

Walters is a good example of what that looks like in practice. We set it up as a QSR format about a year back, and it has already turned into a genuine growth story within the portfolio revenue is up 345% this quarter to ₹1.56 crore from ₹35 lakh a year ago, and it now contributes 1.3% of our consolidated revenue, against 0.3% then. Over the next three quarters, we plan to deepen our presence in Mumbai with a minimum of 12 to 15 new Walters stores, alongside a cloud kitchen to widen our delivery reach. We will continue to sharpen our operations, use technology to improve efficiency and invest in the customer experience.

As we move into new markets and explore opportunities, our focus will be on building a stronger and more scalable business while creating long-term value for all our stakeholders. We will continue to sharpen our operations, use technology to improve efficiency and invest in the customer experience. As we move into new markets and explore opportunities overseas, our focus will be on building a stronger and more scalable business while creating long-term value for all our stakeholders."

Shares of Speciality Restaurants Limited was last trading in BSE at Rs. 159.35 as compared to the previous close of Rs. 150.20. The total number of shares traded during the day was 61096 in over 1031 trades.

The stock hit an intraday high of Rs. 167.30 and intraday low of 154.05. The net turnover during the day was Rs. 9666933.00.

Source : Equity Bulls

Keywords

SpecialityRestaurants INE247M01014 Q1FY27 Q1FY2027 ResultUpdate