Request you to view consolidated results on screener. PAT is not right way to judge the company, as more restaurants opened, means more leases which leads to higher depreciation. EBITDA is the right way to look at it, where YoY margin has fallen from 24% to 20%. Revenue from operations has gone up 12% YoY, first time I have seen their quarterly sales exceed 115 cr. See the presentation uploaded in Apr 2023. I expect future prospects to be bright.
Disc- heavily invested in our family office at avg cost of 210 over last 1 week.
Subscribe To Our Free Newsletter |