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Bharat Retail
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v0.1 · Mock data
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Bharat Retail
Watchlist
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QSR / Casual Dining

Branded restaurants — own apps + aggregator

SSSG has been weak for 6+ quarters. Domino's leads on unit economics, KFC franchisees are best-positioned for non-veg premiumisation. Q-comm meal delivery is the structural threat to dine-in.

GMV $8B+8% YoYCM 18%Capex: MediumReg risk: Medium

Listed pureplays

JF
Jubilant FoodWorks
B+
JUBLFOOD · Mid Cap
₹45.0K Cr·1Y 12%
Hold / Watchlist
WF
Westlife Foodworld
B
WESTLIFE · Mid Cap
₹12.0K Cr·1Y -22%
Sell / Avoid
SF
Sapphire Foods
B
SAPPHIRE · Small Cap
₹9.5K Cr·1Y -25%
Sell / Avoid
DI
Devyani International
C
DEVYANI · Mid Cap
₹22.0K Cr·1Y 6%
Hold
RB
Restaurant Brands Asia
D
RBA · Small Cap
₹4.5K Cr·1Y -30%
Sell / Avoid
B
Barbeque-Nation
D
BARBEQUE · Small Cap
₹1.2K Cr·1Y -38%
Sell / Avoid
SR
Speciality Restaurants
C
SPECIALITY · Small Cap
₹1.1K Cr·1Y 0%
Sell / Avoid

Ancillary beneficiaries

Eternal (Zomato)
ETERNAL
B+
Swiggy
SWIGGY
B