Transcript of Earnings Conference Call held on May 20, 2026
UFBL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
United Foodbrands (formerly Barbeque-Nation) reported strong Q4 FY26 results with consolidated revenue of INR 360 crores, up 23.1% YoY, and same-store sales growth of 14.4% - the strongest two-quarter SSSG performance in recent years. Dine-in volumes surged 43% YoY, driven by Barbeque Nation India (47% volume growth), International (27%), and Premium CDR (28%). Full-year FY26 revenue was INR 1,339 crores (8.6% growth). Management guided FY27 targets of mid-single to double-digit SSSG, 9-10% pre-Ind AS adjusted operating EBITDA margin, and 40 new restaurant additions to reach 300+ outlets. Net debt stands at INR 102 crores. The company expects 100-150 bps gross margin recovery and back-end cost compression to 6.5% of revenue in FY27.
Strong operational momentum with volume-led growth validates the multi-engine portfolio strategy. Management's clear margin roadmap to 9-10% EBITDA and disciplined expansion plans (40 stores in FY27, 400-425 by FY30) indicate improving profitability outlook, though near-term gross margin pressures persist.