Quick Service Restaurant · RBA
Quick Service Restaurant - QSR
from 71 today
Restaurant Brands Asia delivered a strong Q1FY27 with 23.6% YoY India revenue growth and 12.6% SSSG, driven by value-led traffic, menu innovation, and digital initiatives. Better restaurant economics and operating leverage resulted in a ~43% YoY increase in EBITDA, leading us to upgrade the stock to BUY.
Restaurant Brands Asia delivered a strong 1QFY27 with revenue beating expectations and India business SSSG growth of 12.6%, driven by healthy traffic growth, strong execution across value offerings, and menu innovation. We maintain our BUY recommendation with a revised target price of INR 117.
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