Barbeque Nation Hospitality Limited — PPTs, 03-02-2025: Investor Presentation

**Financial Highlights:** Barbeque-Nation Hospitality reported revenues of ₹3,289 million for Q3 FY25, reflecting a slight 0.6% decline year-on-year. Operating EBITDA stood at ₹615 million with a margin of 18.7%, down by 7.2% y-o-y. Adjusted Operating EBITDA decreased 8.4% to ₹339 million, resulting in a margin of 10.3%. Cash profit amounted to ₹301 million, a drop of 11.2% year-on-year.

**Strategic Initiatives and Growth Drivers:** The company added 13 new restaurants across its network in FY25, enhancing its presence to 226 outlets. This expansion includes diversifying into new cities and targeting a 8-10% network growth. Barbeque-Nation aims to strengthen its market position through culinary innovations and promotions to drive growth.

**Business Developments:** A strategic investment of ₹17 crore has been planned to acquire a 51% stake in Willow Gourmet Private Limited, which operates luxury ice cream brand Omm Nom Nomm. This investment is expected to bolster Barbeque-Nation’s delivery portfolio and align with its growth strategy.

**Market Position and Competitive Advantage:** Despite the challenges in same-store sales growth (SSSG) at (2.0)%, improvement was noted from prior periods. Barbeque-Nation maintains a robust gross margin, indicating effective cost management even amid a competitive dining landscape.

**Investor Implications:** The company’s strategic expansions and new investments suggest long-term growth opportunities, even as it navigates current revenue challenges. Investors should watch for improvements in SSSG and the impact of new restaurant openings on overall financial performance.