The DRHP reveals sharp attrition, mounting expenses and a business model heavily reliant on aggregators despite strong topline growth.
OYO said it will offer guests at its hotels in-house kitchen services, to order meals via online platforms, including OTAs and the official app.
Dabur struggles with inventory corrections, Marico hit by rising input costs, QSR brands report weak growth, while V-Mart Retail outperforms.
Urban consumption trends, especially among young Indians, point to a shift in preferences towards experiences like events, dining out, travel, luxury and premium goods, fast fashion, cosmetics, and consumer electronics—leaving fries and pizzas behind.
The management guides to annual EBITDA level synergies of Rs 225 crore over 12-24 months in the core exhibition business
Kotak chose Sapphire Foods as its preferred pick within the QSR space given its reasonable valuation and lower risk to earnings, followed by Devyani International.
Companies say inflation has normalised on a high base across most inputs, including chicken, oil, wheat and packaging, but not dairy.
Most of the capex is expected to be funded through internal accruals and cash on the books, says ICRA, which sees favourable demographics, steady urbanisation and growing per-capita GDP aiding expansion
Coca Cola India acquired 15 percent stake in Jubilant FoodWorks' associate Hashtag Loyalty, which owns food ordering platform Thrive.
The Tiger Global-backed restaurant chain says Wow! Momo, Wow! China and Wow! Chicken have been launched in the 'festivemverse'
Arvind R.P., director - marketing and communications, McDonald’s India West and South, on McDonald’s completing 25 years in India and what lies ahead for the fast food giant.
Faster operating leverage execution to help Burger King break even sooner than later
Plans to expand number of outlets to 250 by March 2020
Economic concerns may still be looming on the horizon, but they surely failed to deter Indians from making this a cracker of a Diwali.
At the city level, a large share of the QSR market rests in metros and mini metros due to higher consumption, heightened consumer awareness, and exposure in key cities such as Delhi, Mumbai, Bangalore and Hyderabad.
McDonald's India is stepping up its operations in western and southern markets of the country by doubling its outlets with an investment of Rs 750 crore in the next five years.
Analysts polled by CNBC-TV18 expect same-store-sales-growth (SSSG)of 6-8 percent in Q1. Gross margins are likely to reflect advantage of soft commodity prices but store addition costs may partially weigh down on margins. Rent is likely to remain steady without significant hikes while higher tax burden may impact bottom line.
JP Morgan has upgraded the stock to overweight with a target price of Rs 1800 per share. It has also raised FY16-17 earnings per share (EPS) estimates by 8-13 percent.
After a long wait, the world-famous whopper has finally made it to India! US-based fast food chain Burger King opened its first outlet in the country in New Delhi last Sunday and from the looks of it, the burgers seem to be flying off fast!
The moderation in urban spending may be reflected in the performance of predominantly urban consumption dependent sectors such as quick service restaurants (QSR) and retail. Passenger vehicle (PV) sales also have substantial dependence on urban spending, says India Ratings.
Indraneil Palit says the company is planning to open four more restaurants in Q2 and have also tied up with the Future Restaurants and is therefore, likely to achieve its expansion plan of adding another 15-16 restaurants in FY14 and FY15.
Credit Suisse has an "underperform" rating on Jubilant Foodworks and sees downside risks to the Domino's Pizza and Dunkin' Donuts restaurant chain operator's same-store sales guidance of 8-10 percent.
Oreo biscuits have made it to the top of the premium cookie segment. CNBC-TV18's Farah Bookwala finds out the reasons why the brand has been successful within just two years of its launch.
Speciality Restaurants that runs Mainland China posted a 14 percent rise in revenue for the quarter ending December 31 at Rs 61 crore against Rs 53.53 crore yoy. Anjan Chatterjee, MD, Specialty Restaurants told CNBC-TV18 that the company is adding 16 stores this year.