Speciality Restaurants files FY26 BRSR report with sustainability metrics

2 min read     Updated on 18 Aug 2026, 07:58 PM
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Speciality Restaurants Limited’s FY26 BRSR report reveals increased energy consumption and GHG emissions alongside stable intensity metrics. The company expanded its use of induction cooking and LED lighting but remains heavily reliant on non-renewable energy sources. Workforce safety records remained clean with zero lost-time injuries.

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Speciality Restaurants Limited filed its Business Responsibility and Sustainability Report (BRSR) for FY26 on August 18, 2026, providing a detailed overview of its environmental, social, and governance performance. The standalone report covers operations across 123 locations in India and three international markets, serving a diverse clientele through its restaurant and confectionary business. The filing discloses key sustainability metrics, including energy consumption, waste management practices, and workforce safety standards.

Environmental Performance

The company reported total energy consumption of 98,410 GJ for FY26, an increase from 90,722 GJ in FY25. Non-renewable sources accounted for the vast majority of this usage, contributing 98,398 GJ, while renewable sources contributed 12 GJ. Energy intensity per rupee of turnover decreased slightly to 2.17 GJ/lakh of revenue from 2.20 GJ/lakh in the prior year.

Greenhouse gas emissions rose to 12,524 metric tonnes of CO2 equivalent (Scope 1 and Scope 2 combined), up from 11,624 metric tonnes in FY25. Scope 1 emissions increased to 3,996 metric tonnes from 3,722 metric tonnes, while Scope 2 emissions grew to 8,528 metric tonnes from 7,902 metric tonnes. Despite the rise in absolute emissions, emission intensity per rupee of turnover remained stable at 0.28 MtCO2e/lakh of revenue.

Metric FY26 FY25
Total Energy Consumption (GJ) 98,410 90,722
Total GHG Emissions (MtCO2e) 12,524 11,624
Water Withdrawal (KL) 29,586 28,218
Total Waste Generated (MT) 1,175.83 1,114.76

Water withdrawal stood at 29,586 kilolitres, sourced entirely from third-party providers. The company discharged 1,413 kilolitres of water, primarily through municipal sewage systems. Waste generation increased to 1,175.83 metric tonnes, driven by non-hazardous garbage waste of 1,147.39 metric tonnes and hazardous used oil of 21.18 metric tonnes. All generated waste was disposed of via authorized vendors.

Operational Initiatives

Speciality Restaurants emphasized infrastructure upgrades to improve resource efficiency. The company installed induction-based cooking equipment across its restaurants and confectionary units, reducing dependence on conventional gas/LPG systems. Additionally, energy-efficient LED lighting was deployed in all outlets, and HVAC systems were optimized to lower electricity consumption. A 20KW solar power plant was established at its Mainland China Restaurant in Delhi.

Workforce and Safety

The company employed 2,570 individuals, comprising 2,512 permanent employees and 78 permanent workers. Women constituted 2% of the total employee base. The turnover rate for permanent employees remained stable at 27% for FY26, consistent with the 26-27% range observed over the past three years.

Safety metrics showed no lost-time injuries, fatalities, or high-consequence work-related injuries for either employees or workers during the year. The company conducted health and safety training for 86% of employees and 96% of workers. One complaint regarding sexual harassment was received and resolved within 90 days in accordance with the POSH Act, 2013.

What the Numbers Show

The divergence between rising absolute energy consumption (up 8.5%) and stable energy intensity (flat at ~2.17-2.20 GJ/lakh) suggests that operational scale expansion is outpacing efficiency gains on a per-unit basis. While capital expenditure focused on energy-efficient equipment (21% of capex), the overall reliance on non-renewable energy remained dominant at 99.9% of total consumption, indicating limited progress in decarbonizing the primary energy mix despite targeted infrastructure upgrades.

Historical Stock Returns for Speciality Restaurants

1 Day5 Days1 Month6 Months1 Year5 Years
+3.65%-6.13%+9.21%+39.96%+14.07%+100.48%

How might the company's heavy reliance on non-renewable energy (99.9%) impact its long-term valuation given increasing global carbon pricing mechanisms and ESG investment criteria?

What specific strategies is Speciality Restaurants planning to implement to accelerate the transition from non-renewable to renewable energy sources beyond the current 20KW solar installation?

Given the stable but high employee turnover rate of 27%, what initiatives will the company undertake to improve retention and address the low representation of women (2%) in its workforce?

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Speciality Restaurants FY26 Results: Consolidated revenue up 9.22% to ₹476.47 crore

4 min read     Updated on 18 Aug 2026, 07:54 PM
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Speciality Restaurants Limited reported consolidated revenue from operations of ₹476.47 crore for FY26, up 9.22% from ₹436.25 crore, with consolidated profit after tax of ₹20.72 crore after an exceptional employee-benefit charge of ₹3.34 crore. Standalone revenue grew 9.82% to ₹45,359.41 lakhs, with gross margins improving to 70.7% and EBITDA at 21.5% of total income. The Board recommended a dividend of ₹1 per equity share, with a record date of September 4, 2026, and the company completed its nineteenth consecutive profitable quarter in Q4FY26. The network stood at 121 restaurants and confectioneries as of March 31, 2026, with delivery accounting for 27.74% of relevant standalone sales.

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Speciality Restaurants Limited has submitted its Annual Report for the financial year ended March 31, 2026, ahead of its Twenty Seventh Annual General Meeting scheduled for September 11, 2026. The report reflects steady topline momentum, with consolidated revenue from operations growing 9.22% to ₹476.47 crore from ₹436.25 crore in the previous year, while consolidated profit after tax was ₹20.72 crore after absorbing an exceptional employee-benefit charge of ₹3.34 crore arising from the new labour codes.

Financial Performance

The following table summarises the key standalone and consolidated financial results for FY26 (figures in ₹ million):

Metric: Standalone FY26 Standalone FY25 Consolidated FY26 Consolidated FY25
Revenue from operations: 4,535.94 4,130.76 4,764.70 4,362.49
Other income: 176.99 189.74 180.09 192.43
Total income: 4,712.93 4,320.50 4,944.79 4,554.92
EBITDA: 1,013.52 895.44 1,011.17 918.43
Profit before tax: 294.52 281.02 272.24 286.11
Profit after tax: 229.50 214.45 207.22 219.66
Basic & Diluted EPS (₹): 4.76 4.45 4.52 4.51

On a standalone basis, total income rose 9.08% to ₹4,712.93 million from ₹4,320.50 million in the previous year. Standalone EBITDA amounted to ₹1,013.52 million, representing 21.5% of total income, compared with ₹895.44 million or 20.7% of total income in the prior year. Standalone revenue growth of 9.82% was led by same-store sales growth of 2.4%, and the gross margin for FY26 improved to approximately 71% from 70% in the previous year. The third quarter recorded the company's highest-ever quarterly revenue of ₹134.84 crore.

Standalone Financial Position (₹ in Lakhs)

Metric: FY26 FY25 Change (%)
Revenue from operations: 45,359.41 41,307.61 +9.8%
Gross profit: 32,071.23 28,708.95 +11.7%
Gross margin: 70.7% 69.5%
Employee benefit expenses: 9,448.87 8,988.77 +5.1%
Depreciation & amortisation: 5,400.57 4,720.85 +14.4%
Profit before tax: 2,945.23 2,810.16 +4.8%
Profit after tax: 2,295.00 2,144.51 +7.0%
Total equity: 34,700.42 32,862.41 +5.6%

Dividend and Record Date

The Board has recommended a dividend of ₹1/- per equity share of face value ₹10 each (10%) for the financial year ended March 31, 2026, subject to shareholders' approval at the ensuing AGM. The record date for determining entitlement to the dividend has been fixed as Friday, September 4, 2026. If declared, the dividend will be paid on or after September 14, 2026, subject to deduction of tax at source. The total outflow towards dividend on equity shares would be ₹4.83 crore, representing a dividend pay-out of 21% of standalone profits.

Network and Brand Portfolio

As of March 31, 2026, Speciality Restaurants operated a network of 121 restaurants and confectioneries, including franchised units, spanning fine dining, casual dining, cloud kitchens, and confectionery formats. During FY26, the company opened nine new restaurants. The brand portfolio is summarised below:

Brand: Units (Nos.)
Mainland China / Asia Kitchen: 35
Oh! Calcutta: 9
Sigree / Sigree Global Grill: 5
Haka: 4
Flame & Grill: 2
Café Mezzuna / Siciliana: 4
Episode One / Hoppipola: 4
Cloud Kitchen: 11
Sweet Bengal: 32
Dariole: 8
Others: 7
Grand Total: 121

Delivery represented 27.74% of relevant standalone sales in FY26, while dine-in remained the larger channel. The company also operates Asia Kitchen by Mainland China outlets in Dubai (Burjuman and Deira City Centre) and in the Mall of Oman (Muscat), as well as Chourangi in London under a joint venture.

Leadership and Governance

The Board of Directors at its meeting held on May 19, 2026 appointed Mr. Avik Chatterjee as Chief Executive Officer of the company with effect from June 1, 2026. He joined the company in 2015 as Head of Innovation and New Formats and was inducted to the Board in 2020. The Board comprises 10 directors, including 5 independent directors, 4 executive directors, and 1 non-executive director. The Board met seven times during FY26. The company's paid-up equity share capital stood at ₹4,823.57 lakhs, comprising 4,82,35,657 equity shares of ₹10 each. CRISIL Rating Limited reaffirmed its outlook "CRISIL A-/Stable" on bank facilities of ₹4.90 crore.

AGM and Shareholder Information

The Twenty Seventh Annual General Meeting is scheduled for Friday, September 11, 2026 at 4.00 p.m. (IST) through video conferencing. Remote e-voting will be available from September 8, 2026 (9:00 a.m.) to September 10, 2026 (5:00 p.m.). The Annual Report for FY26 has been dispatched electronically to members whose email addresses are registered, in compliance with applicable MCA Circulars and SEBI Listing Regulations.

CSR and Sustainability

The company's CSR obligation for FY26 was ₹53,72,352/-. Of this, ₹5,00,000/- was contributed towards a new CSR project 'Child Development Centre', and the balance unspent amount of ₹48,72,352/- was transferred to the SRL Unspent CSR Account on April 24, 2026. The company's total energy consumption from non-renewable sources was 98,398 GJ in FY26 against 90,708 GJ in FY25, with total waste generated at 1,175.83 metric tonnes.

Historical Stock Returns for Speciality Restaurants

1 Day5 Days1 Month6 Months1 Year5 Years
+3.65%-6.13%+9.21%+39.96%+14.07%+100.48%

How will the new CEO, Avik Chatterjee, leverage his background in innovation to accelerate growth beyond the current 2.4% same-store sales increase?

What is the company's strategy for expanding its international presence in Dubai and London, and what are the projected timelines for new overseas outlets?

How might the implementation of new labour codes and the associated ₹3.34 crore exceptional charge impact future operating margins and cost structures?

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