Quick Service Restaurant · UFBL
Quick Service Restaurant - QSR
from 735 today
United Foodbrands reported another strong quarter with consolidated revenue growing 43% YoY to INR4.3b, led by 28.7% SSSG and operating leverage. We reiterate our Neutral rating with a TP of INR775 due to volatile execution in the past and challenges in sustaining robust volume growth alongside meaningful margin expansion.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
