Barbeque-Nation Reports Q1 Results, Announces Name Change to United Foodbrands Limited Jul 31, 2025
More news about United Foodbrands
31Jul 25
Barbeque-Nation Appoints New COO and Re-appoints CEO
Barbeque Nation Hospitality has appointed Vipul Goel as the new Chief Operating Officer (COO) effective July 31, 2025. Goel brings over 15 years of experience in E-commerce, Retail, FMCG, and Consumer Durables. The company has also re-appointed Rahul Agrawal as Chief Executive Officer and Whole-Time Director for a five-year term from December 31, 2025 to December 30, 2030, subject to shareholder approval. Agrawal has been with the company since 2017 and has overseen significant expansion and acquisitions.
31Jul 25
Barbeque-Nation Reports Q1 Loss, Announces Name Change to United Foodbrands
Barbeque Nation Hospitality Limited faced a challenging Q1 with revenue declining 2.8% to ₹2,970.00 million and losses widening to ₹167.00 million. Same-store sales growth was negative at -3.4%. The company expanded its restaurant network to 236 outlets. International operations and premium casual dining segments showed growth, while the India business faced softer demand. The company announced plans to rebrand as United Foodbrands Limited, subject to approvals. Despite challenges, Barbeque Nation aims to expand to 300-325 restaurants by FY27 and has made key leadership appointments.
31Jul 25
Barbeque-Nation Reports Q1 Results, Announces Name Change to United Foodbrands Limited
Barbeque Nation Hospitality Limited reported a 2.8% year-on-year decline in Q1 revenue to ₹2,970.00 million, with a loss after tax of ₹167.00 million. The company's Board approved changing the name to 'United Foodbrands Limited'. Rahul Agrawal was reappointed as CEO for five years, and Vipul Goel was appointed as the new COO. The company expanded its restaurant network to 236 outlets, adding 7 new restaurants across segments. International operations and premium casual dining showed growth, while the core India business faced challenges.
31Jul 25
Barbeque-Nation Hospitality Reports Decline in Q1 FY26 Financial Performance
Barbeque Nation Hospitality Limited experienced a decline in financial performance for Q1 FY26. Revenue from operations decreased by 7.2% year-on-year to ₹2,289.36 crore, with a negative same-store sales growth of 5.2%. EBITDA fell to ₹342.86 crore, and net loss widened to ₹169.56 crore. Despite challenges, the company added three new restaurants in India, bringing its total to 193 outlets. International business showed resilience with 10% revenue growth, while the premium CDR segment achieved 19% revenue increase. The company remains committed to expansion plans and improving operational efficiencies.
Sayaji Housekeeping Services Limited, a promoter of Barbeque Nation Hospitality, has released 5,41,516 equity shares (1.39% of total equity) from pledge with Axis Bank Limited. The shares were originally pledged as security for a loan facility for Sayaji Hotels Limited. Despite this release, Sayaji Housekeeping Services' total holding in Barbeque Nation remains at 29.69% (1,16,02,828 shares). The disclosure was made in compliance with SEBI regulations.
30Jun 25
Barbeque-Nation Expands Portfolio with 51% Stake Acquisition in Willow Gourmet
Barbeque Nation Hospitality Ltd has completed the acquisition of a 51% stake in Willow Gourmet Private Limited. This strategic move is expected to strengthen Barbeque-Nation's position in the casual dining market and potentially diversify its offerings. The acquisition may lead to portfolio expansion, operational synergies, and enhanced market presence for Barbeque-Nation. Specific financial details of the transaction were not disclosed.
22May 25
Barbeque Nation Hospitality Ltd: Q4 Net Loss Widens, Stock Drops 6%
Barbeque-Nation Hospitality reported a significant increase in net loss to ₹20 crore in Q4, up from ₹1 crore last year. Revenue slightly declined by 2% to ₹293 crore, while EBITDA remained stable at ₹54 crore with an 18.4% margin. The company's stock price fell 6% following the announcement, trading at ₹311.30, which is 40% below its IPO price.
30Apr 25
Barbeque-Nation to Complete Full Acquisition of Willow Gourmet by June 30
Barbeque-Nation Hospitality Limited plans to acquire the remaining 8.64% stake in Willow Gourmet Private Limited (WGPL) by June 30, 2025, completing its full ownership of the subsidiary. The acquisition process began in February 2025 with a 51% stake agreement, followed by a 42.36% stake acquisition in March. This move aims to consolidate ownership, streamline operations, and potentially unlock synergies between the two entities.
12Mar 25
Barbeque-Nation Hospitality Expands into Premium Dining with 42.36% Stake in Willow Gourmet
Barbeque-Nation Hospitality Limited has acquired a 42.36% stake in Willow Gourmet Private Limited (WGPL) on March 11, 2025, with plans to increase ownership to 51%. This strategic move aims to strengthen Barbeque-Nation's presence in the premium dining segment, complementing its existing casual dining offerings. The acquisition, following agreements announced on February 3, 2025, is expected to diversify the company's portfolio and open new revenue streams. This development could potentially reshape the competitive landscape in India's premium dining sector.