Restaurant Brands Asia Limited
NSE: RBAINE07T201019·Consumer ServicesMicrocap 250·www.burgerking.in ↗·Mcap ₹6,750 Cr·Listed 2020
₹92.51▲ ₹1.86  (2.05%)
52W: ₹57 – ₹111 · Vol: 25.8L shares · Close 25 Sept
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Annual report FY26 — 19.49 MB · Shareholding pattern — Jun 2026 · All filings
AI equity note (bull/bear, numbers, sources) — coming soon
Management guidance consistency — coming soon

Latest filings

NSE announcements · newest first
Restaurant Brands Asia Limited has informed the Exchange about Acquisition
M&A / agreement16 Sept 2026 PDF
Completion of subscription of redeemable cumulative non-convertible preference shares of PT Sari Burger Indonesia
General update15 Sept 2026 PDF
All filings →
P/E (TTM)
-28.1×
EPS ₹-3.29
P / Book
7.48×
BVPS ₹12
ROE
-25.1%
FY26, avg equity
Net margin
-7.2%
FY26
Revenue YoY
+17.9%
Q1 FY27
Net profit YoY
+27.4%
Q1 FY27
Debt / equity
0.37×
₹270 Cr debt
Div. yield
–
no dividend in 12 months
From NSE filings (consolidated) and the last close.
Shareholding Pattern Jun 2026
Promoters
9.2%—
FIIs
9.3%▲ 1.05
DIIs
39.6%▼ 0.36
Retail
16.2%▼ 0.41
Others
25.7%▼ 0.28
Promoter pledge: none reported
Peer Comparison
CompanyP/EP/BROEMargin
TRAVELFOOD₹15,977 Cr32.9×11.07×31.4%27.4%
WESTLIFE₹9,015 Cr284.5×14.56×5.3%1.2%
SAPPHIRE₹7,186 Cr–5.17×-2.3%-1.0%
RBA₹5,392 Cr–7.48×-25.1%-7.2%
UFBL₹2,729 Cr–8.80×-18.4%-4.6%
SPECIALITY₹737 Cr32.4×2.13×6.2%4.3%
Restaurants: the companies closest in market value, of the 9 in that basic industry whose filings we hold. Computed from each company's NSE filings (up to Q1 FY27) and the last close; hover a column for its definition.
Forensic Flags4 Watch
Free cash flow was negative in 3 of the last 5 years
Operating cash flow less capital expenditure, as filed.
Profit before interest and tax covers finance costs -0.1×
FY26.
Share count changed +17.9% in three years, net of bonuses and splits
From 2023-03-31 to 2026-03-31. Shares issued for mergers, placements, conversions and stock options all count.
Promoter holding is 9.22%, -2.05 points over a year
2026-06-30 against 2025-06-30.
Exceptional items above 5% of pre-tax profit in 1 of the last 5 years
FY22–FY26.
4 checks within their thresholds
Debt to equity is 0.37×
As at 2026-03-31; it was 0.20× at 2023-03-31.
No promoter shares are pledged
Shareholding pattern as at 2026-06-30.
No auditor change or resignation filings in three years
From NSE announcements on record.
Results were filed late in 0 of the last 8 quarters
Slowest filing came 49 days after the period end.
Computed from NSE filings (consolidated). Colours follow fixed thresholds, shown on hover. These are facts about the filings, not advice. 1 check not run for lack of data.
Formula Scores
Piotroski F-score: 5 of 9 · FY to 2026-03-31
one point for each of nine tests on profitability, leverage and liquidity, and operating efficiency, comparing the year with the one before
  • ✗ Return on assets positive: -5.9 — profit after tax over the year's opening total assets, %
  • ✓ Operating cash flow positive: 302.7 — ₹ crore
  • ✓ Cash flow above profit (accruals): 506.8 — operating cash flow less profit after tax, ₹ crore
  • ✓ Return on assets improved: 2.7 — change in ROA, percentage points
  • ✓ Long-term borrowings to assets fell: -0.54 — change in long-term borrowings over total assets, percentage points
  • ✗ Current ratio improved: -0.39 — change in current assets over current liabilities
  • ✗ No new shares issued: 0.14 — change in share capital, %
  • ✓ Gross margin improved: 1.64 — revenue less material cost over revenue, change in percentage points
  • ✗ Asset turnover improved: -0.127 — revenue over the year's opening total assets, change
Inputs: profit after tax ₹-204 Cr (2026-03-31) · profit after tax ₹-233 Cr (2025-03-31) · total assets ₹3,382 Cr (2026-03-31) · total assets ₹3,463 Cr (2025-03-31)
The paper's bands: 8–9: the paper's high group; 0–2: the paper's low group
Source: Joseph Piotroski, "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers", Journal of Accounting Research, 2000
Altman Z-score: 2.24 · FY to 2026-03-31
Z = 1.2 × working capital / total assets + 1.4 × retained earnings / total assets + 3.3 × EBIT / total assets + 0.6 × market value of equity / total liabilities + 1.0 × sales / total assets
  • working capital / total assets: -0.114 × 1.2
  • retained earnings / total assets: 0.041 × 1.4 — reserves and surplus as retained earnings
  • EBIT / total assets: -0.004 × 3.3 — profit before tax plus finance cost
  • market value of equity / total liabilities: 2.506 × 0.6 — market capitalisation over total assets less equity
  • sales / total assets: 0.835 × 1
Inputs: total assets ₹3,382 Cr (2026-03-31) · current assets ₹380 Cr (2026-03-31) · current liabilities ₹766 Cr (2026-03-31) · reserves ₹138 Cr (2026-03-31) · total equity ₹689 Cr (2026-03-31) · profit before tax ₹-204 Cr (2026-03-31) · finance cost ₹189 Cr (2026-03-31) · revenue ₹2,823 Cr (2026-03-31) · market capitalisation (today) ₹6,750 Cr
The paper's bands: above 2.99: the paper's safe zone; 1.81–2.99: the grey zone; below 1.81: the distress zone
the 1968 form, fitted on manufacturers; reserves stand in for retained earnings, and profit before tax plus finance cost for EBIT
Source: Edward Altman, "Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy", Journal of Finance, 1968
Graham number: not computed · FY to 2026-03-31
undefined when earnings or book value per share are not positive
Sloan accrual ratio: -14.81 % of assets · FY to 2026-03-31
(profit after tax − operating cash flow) / average total assets
Inputs: profit after tax ₹-204 Cr (2026-03-31) · operating cash flow ₹303 Cr (2026-03-31) · total assets ₹3,382 Cr (2026-03-31) · total assets ₹3,463 Cr (2025-03-31)
how much of the year's profit was not cash; the paper sorts companies by this and reports the top decile's later returns
Source: Richard Sloan, "Do Stock Prices Fully Reflect Information in Accruals and Cash Flows about Future Earnings?", The Accounting Review, 1996
Each score is its published formula applied to the company's own filings (consolidated); open one for the tests, the inputs and the paper. Arithmetic on the filings, not a view on the stock.