Restaurant Brands Asia plans 80 FY27 openings as Motilal Oswal sees 75% upside
Motilal Oswal retained its Buy call and Rs 125 target on Restaurant Brands Asia after India revenue rose 24% year on year in the June quarter and gross margin expanded to 70.8%. The brokerage cited menu-led footfall, delivery growth, supply-chain gains and an 80-store FY27 expansion plan.
Restaurant Brands Asia reported stronger-than-expected India performance, with revenue up 24% and gross margin reaching 70.8%. Motilal Oswal retained its Buy rating and Rs 125 target, citing menu-led footfall, delivery growth, supply-chain gains and planned 80-store FY27 expansion.
Why this matters
Restaurant Brands Asia's 80-store plan follows recent signals of 18% revenue growth and Burger King India reaching 590 stores, plus a narrower Q1 loss with 13% same-store sales growth.
Store-opening is steady, with 1,747 signals in the past 90 days; QoQ change was not provided.