Dine-in volumes jump 63.5%, but depreciation and interest leave little profit
Five openings took the network to 266 restaurants; management said it remains on track for more than 300 by FY27.
Filed 04 Aug 2026, 12:48 IST · UFBL (UFBL)
Key takeaways
- Consolidated dine-in volumes grew 63.5%, while five openings and one closure took the network to 266 restaurants.
- Operating profit of Rs 69.86 cr on revenue of Rs 425.9 cr was largely absorbed by Rs 22.95 cr of interest and Rs 45.71 cr of depreciation, leaving Rs 2.43 cr of PBT.
- Management said UFBL is on track to exceed 300 restaurants by FY27 and plans to reach 400-425 by FY30.
Operating profit did not convert into meaningful pre-tax profit
UFBL reported consolidated operating profit of Rs 69.86 cr on revenue of Rs 425.9 cr, but interest and depreciation together took PBT down to Rs 2.43 cr. Other income of Rs 1.24 cr was material relative to PBT, while the 5.18% tax rate kept tax outgo to Rs 0.13 cr. Net profit consequently stood at Rs 2.31 cr.
Volume growth was the quarter’s clearest operating signal
Management said consolidated dine-in volumes grew 63.5% in Q1FY27, with growth across all business segments. The company opened five restaurants—three in BBQ India, one in BBQ International and one in Premium CDR—and closed one, taking the network to 266. The presentation described the international business as resilient despite macro headwinds.
Expansion plans remain centred on scale and digital conversion
Management said it plans to pursue volume-driven same-store sales growth and sustain margins and cash-flow generation. It also said the company is using its owned digital platforms to improve conversions, with approximately 1.4 million monthly active users. The company told investors it plans to expand Premium CDR brands into newer markets and grow its delivery brands.
Q1FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹426 cr |
| Other income | ₹1 cr |
| Expenses | ₹356 cr |
| Operating profit | ₹70 cr |
| Operating margin (%) | 16.40% |
| Interest | ₹23 cr |
| Depreciation | ₹46 cr |
| Profit before tax | ₹2 cr |
| Tax | ₹0 cr |
| Net profit | ₹2 cr |
| EPS (₹) | ₹0.79 |
What management said
From the company’s own investor presentation. Each point is checked against the source document before it appears here.
This quarter
- Consolidated dine-in volumes grew 63.5% in Q1 FY27, with strong growth across all business segments.
- The company opened five restaurants and closed one in Q1 FY27.
Guidance & outlook
- The company is on track to reach more than 300 restaurants by FY27 and plans to achieve 400-425 restaurants by FY30.
- The company plans to pursue volume-driven same-store sales growth.
- The company aims to sustain industry-leading margins and robust cash flow generation.
Expansion
- The company opened five new restaurants in Q1 FY27 across BBQ India, BBQ International and Premium CDR.
- The five Q1 FY27 restaurant openings comprised three in BBQ India, one in BBQ International and one in Premium CDR.
New initiatives
- The company is strengthening its captive digital ecosystem through owned digital platforms.
- The company is using its own digital assets to drive higher conversions.
- The company reports approximately 1.4 million monthly active users across its owned digital platforms.
- The company plans to penetrate Premium CDR brands in newer markets.
- The company plans to grow its delivery brands.
Problems & risks
- The international business faced macro headwinds during the quarter.
What to watch
- Whether operating profit continues to cover Rs 22.95 cr of interest and Rs 45.71 cr of depreciation.
- Whether dine-in volume growth remains above the reported 63.5% while the network expands from 266 restaurants.
- Whether the restaurant network moves towards management’s stated milestone of more than 300 restaurants by FY27.