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Restaurant Brands Asia Limited (RBA.NS)
INR70.19
-0.44 (-0.62%)
IN NSE Consumer Cyclical Restaurants
Address
Mittal Commercia 400059
Mumbai, IN
Mumbai, IN
CEO
Rajeev Varman
Website
burgerking.in
IPO
2020-12-14
ISIN INE07T201019
Also trades on
Bombay Stock Exchange · RBA.BO (INR)
National Stock Exchange of India · BURGERKING.NS (INR)
National Stock Exchange of India · RBA.NS (INR)
Description
Restaurant Brands Asia Limited, along with its subsidiaries, operates a network of quick-service restaurants throughout India and Indonesia. The company is responsible for the development, establishment, management, and franchising of Burger King branded outlets in India, and undertakes similar activities for POPEYES restaurants within Indonesia. As of June 30, 2022, its portfolio included 328 restaurants across India and an additional 177 establishments in Indonesia. Founded in 2013 and based in Mumbai, India, the company was formerly known as Burger King India Limited until its renaming to Restaurant Brands Asia Limited in February 2022.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
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Signal Summary
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| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
INR70.19
-0.44 (-0.62%)
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Volume Profile
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Liquidity & share structure
Average Volume
6M
Beta
0.23
Float Shares
473.14M
Free Float %
81.2%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.25% | +2.74% | +7.33% | +6.39% | +6.83% | +7.62% | -17.03% | -44.56% | -52.39% | -49.70% | -49.70% |
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From
To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Price Targets & DCF
Current price
70.19
DCF (Unlevered)
32.02
-54.4%
DCF (Levered)
32.60
-53.6%
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
Ratings Trend (MoM)
80% Bullish
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 3 | 0 |
| Buy | 5 | 0 |
| Hold | 1 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 1 | 0 |
Quality scores
Altman Z-Score
1.55
Distress
Piotroski F-Score
4 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
C-
Overall Score
1 / 5
Low
DCF Score
3 / 5
Medium
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
-
Revenue growth Restaurants: +7.4%+10.7% ★ Q1'26: +11.7% (vs Q1'25)
-
EPS growth Restaurants: +14.8%+26.3% ★ Q1'26: +35.4% (vs Q1'25)
-
FCF margin FCF growth · Restaurants: +21.6%-10.1% Q1'26: -2.6% (vs Q1'25)
-
EBIT margin Restaurants: +6.1%-2.2% Q1'26: -0.8% (vs Q1'25)
-
ROIC Restaurants: +6.2%-2.5% Q1'26: -0.9% (vs Q1'25)
-
Share dilution Restaurants: +0.0%+17.5% Q1'26: +18.3% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Restaurants: 0.72×5.99× Q1'26: 5.18× (vs Q1'25)
Valuation Multiples
From
To
Price Forecast (3Y)
From
To
Theoretical Return — If Invested Today
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
Consensus Estimates
| Metric |
Mar 2021 actual |
Mar 2022 actual |
Mar 2023 actual |
Mar 2024 actual |
Mar 2025 actual |
Mar 2026 4 Rev. Ana. 4 EPS Ana. |
Mar 2027 2 Rev. Ana. 4 EPS Ana. |
Mar 2028 4 Rev. Ana. 4 EPS Ana. |
Mar 2029 1 Rev. Ana. 2 EPS Ana. |
Mar 2030 1 Rev. Ana. 2 EPS Ana. |
Mar 2031 1 Rev. Ana. 3 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
10.02B
est: 5.00B (+100.4%)
|
14.86B
est: 11.63B (+27.7%)
|
20.54B
est: 17.81B (+15.3%)
|
24.37B
est: 24.73B (-1.5%)
|
25.51B
est: 19.65B (+29.8%)
|
22.65B
22.58B – 22.70B
+15.3% YoY
|
26.64B
26.36B – 26.85B
+17.6% YoY
|
31.39B
30.34B – 33.68B
+17.8% YoY
|
47.89B
47.52B – 48.26B
+52.5% YoY
|
54.62B
53.36B – 56.95B
+14.0% YoY
|
60.58B
59.18B – 63.17B
+10.9% YoY
|
| EBITDA |
512.91M
est: 335.21M (+53.0%)
|
937.88M
est: 779.85M (+20.3%)
|
1.47B
est: 1.19B (+23.5%)
|
2.61B
est: 3.79B (-31.3%)
|
1.08B
est: 3.01B (-64.3%)
|
3.47B
3.46B – 3.48B
+15.3% YoY
|
4.09B
4.04B – 4.12B
+17.6% YoY
|
4.81B
4.65B – 5.17B
+17.8% YoY
|
7.34B
7.29B – 7.40B
+52.5% YoY
|
8.37B
8.18B – 8.73B
+14.0% YoY
|
9.29B
9.07B – 9.69B
+10.9% YoY
|
| EBIT |
-1.78B
est: -417.50M (-325.4%)
|
-1.40B
est: -971.28M (-43.9%)
|
-1.37B
est: -1.49B (+8.1%)
|
-954.93M
est: 1.43B (-166.8%)
|
-1.03B
est: 1.14B (-190.8%)
|
1.31B
1.30B – 1.31B
+15.3% YoY
|
1.54B
1.52B – 1.55B
+17.6% YoY
|
1.81B
1.75B – 1.95B
+17.8% YoY
|
2.77B
2.75B – 2.79B
+52.5% YoY
|
3.16B
3.08B – 3.29B
+14.0% YoY
|
3.50B
3.42B – 3.65B
+10.9% YoY
|
| Net Income |
-2.46B
est: -2.20B (-11.9%)
|
-1.96B
est: -1.33B (-47.4%)
|
-2.21B
est: -1.54B (-44.1%)
|
-2.18B
est: -2.60B (+16.0%)
|
-2.16B
est: -1.10B (-95.7%)
|
-1.35B
-1.49B – -1.22B
-22.3% YoY
|
-512.55M
-634.58M – -390.51M
+62.1% YoY
|
73.81M
-40.26M – 187.88M
+114.4% YoY
|
-469.16M
-495.29M – -455.14M
-735.6% YoY
|
—
— – —
+100.0% YoY
|
—
— – —
|
| SGA |
336.78M
est: 349.40M (-3.6%)
|
1.28B
est: 812.87M (+57.5%)
|
2.22B
est: 1.24B (+78.1%)
|
1.59B
est: 3.43B (-53.8%)
|
1.44B
est: 2.73B (-47.1%)
|
3.14B
3.13B – 3.15B
+15.3% YoY
|
3.70B
3.66B – 3.73B
+17.6% YoY
|
4.36B
4.21B – 4.68B
+17.8% YoY
|
6.65B
6.60B – 6.70B
+52.5% YoY
|
7.58B
7.41B – 7.91B
+14.0% YoY
|
8.41B
8.21B – 8.77B
+10.9% YoY
|
| EPS |
-6.42
est: -4.40 (-45.9%)
|
-4.94
est: -2.66 (-85.6%)
|
-4.48
est: -3.07 (-45.8%)
|
-4.40
est: -4.37 (-0.7%)
|
-4.33
est: -1.86 (-132.8%)
|
-2.30
-2.53 – -2.07
-23.9% YoY
|
-0.87
-1.08 – -0.67
+62.1% YoY
|
0.18
-0.07 – 0.32
+120.9% YoY
|
-0.80
-0.84 – -0.78
-537.0% YoY
|
—
— – —
+100.0% YoY
|
—
— – —
|
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-18 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-15 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-14 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-13 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-12 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-11 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-08 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-07 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-06 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-05 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-04 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-30 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-29 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-28 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-27 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-24 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-23 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-22 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-21 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-20 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-17 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-16 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
2.08B
OE per share TTM
4.04
Owner's Yield
5.20%
Maintenance CapEx ratio
—
Maint CapEx / Avg PPE
99.1%
Ownership Overview
Ownership breakdown
Ownership breakdown not available.
At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional ownership trend
Institutional history not available.
Top institutional holders
Top holders not available.
ETF Ownership
Top ETFs holding this stock
Held by 5 ETFs in our universe
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | State Street SPDR S&P Emerging Markets Small Cap ETF EWX | 0.02% | 142.3K | 0.65% |
| 2 | Dimensional - Emerging Markets Core Equity 2 ETF DFEM | 0.00% | 169.0K | 0.39% |
| 3 | Dimensional - Emerging Core Equity Market ETF DFAE | 0.00% | 111.7K | 0.29% |
| 4 | Dimensional - Emerging Markets ex China Core Equity ETF DEXC | 0.00% | 774.43 | 0.56% |
| 5 | Dimensional World ex U.S. Core Equity 2 ETF DFAX | 0.00% | 3.7K | 0.28% |
Insider Activity
Insider Activity — Latest Quarter
No insider activity available.
Insider buys vs sells (history)
Insider history not available.
Recent insider transactions
No recent insider transactions.
Executive team
Top executives
EBIT / Employee
-67.2K
Shares Outstanding
582.88M
Executive compensation
Executive compensation (annual)
Executive compensation not available.
CEO compensation breakdown
No CEO compensation history available.
Proxy statements
Proxy statements (DEF 14A)
No proxy statements available for this company yet.
Recent SEC filings
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Rajeev Varman | Group Chief Executive Officer & Whole Time Director | 66M | male |
| Bhavika Dave | Head of Legal | — | — |
| Gaurav S. Ajjan | Head - Corporate Development & Investor Relations | — | male |
| Kapil Grover | Group Chief Marketing Officer | — | male |
| Kiran Komatla | Group Chief Technology Officer | — | male |
| Namrata Tiwari | Group Chief People Officer | — | female |
| Shweta Mayekar | Company Secretary & Compliance Officer | — | female |
| Subramaniam Pillai | Chief Operations Officer | — | male |
| Arijit Datta | Chief Financial Officer | — | male |
| Sumit Pushkar Zaveri | Group Chief Financial Officer & Chief Business Officer | — | male |
ESG Score History
No data available for this company.
Senate Trading Activity
No Senate trading activity found for this company.
House Trading Activity
No House trading activity found for this company.
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for RBA.NS
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
