Speciality Restaurants Ltd. · NSE:SPECIALITY
Speciality Restaurants — Q3 FY24 Earnings Presentation
32 slides from Speciality Restaurants's earnings presentation, Jan 19, 2024
Slide 1: Cover letter to stock exchanges: Investor Presentation
CIN: L55101WB1999PLC090672 Email : corporate@speciality.co.in Morya Land Mark – 1, 4th Floor, B-25, Veera Industrial Estate, Off New Link Road, Andheri (W), Mumbai 400 053 Tel. No. (022) 62686700 Website-www.speciality.co.in January 19, 2024 To, General Manager, Vice President, Listing Operations, L
Slide 2: Earnings Presentation Q3 FY24
Earnings Presentation Q3 FY24
Slide 3: Overview
Overview We have successfully put the pandemic behind us and achieved the tenth consecutive quarter of sustained profitable growth. We continue to dominate with our market leadership in the Asian cuisine segment and have retained our position of market leadership. Our USP is the presence of our bran
Slide 4: Company’s Journey
Company’s Journey Opened its first Issued warrants convertible franchise restaurant into shares through Raised ₹ 176.09 crores in Dubai : ‘Asia Preferential allotment (Issue through IPO Kitchen’ size: ₹ 127.23 crores 1999 2012 2014 2018 2021 2023 2024 03 Incorporated as Speciality Restaurants, confe
Slide 5: Key Brands
Key Brands Mainland China Asia Kitchen by Mainland China After completing 30 years, Mainland China the flagship brand of Asia Kitchen by Mainland China was created as a brand refresh of the Speciality Restaurants has undergone a brand refresh with complete mother brand offering a more relaxed and in
Slide 6: Key Brands
Key Brands Sigree Global Grill Sweet Bengal Sigree Global Grill, offers a unique and immersive culinary Created by Bengal's finest master craftsmen, Sweet Bengal's legacy experience offering unlimited helpings of a variety of grills and dates back in 1995. Since then, every sweet delicacy created he
Slide 7: Key Brands
Key Brands Hoppipola Riyasat Hoppipola offers ample Mediterranean and contemporary Indian Riyasat is a story woven through royal celebrations and victories and is flavours in the form of finger food, thin crust Pizza’s and bar inspired from the stately homes of the royal families of the 19th nibbles
Slide 8: Snapshot – Q3 FY24 vs Q3 FY23
Snapshot – Q3 FY24 vs Q3 FY23 2,663 2,861 1,495 1,347 10,949 1,468 1,446 10,371 Q3FY23 Q3FY24 Q3FY23 Q3FY24 Q3FY23 Q3FY24 Q3FY23 Q3FY24 Revenue (₹ lakhs) PBT (₹ lakhs) EBITDA (₹ lakhs) PAT (₹ lakhs) 26.17% 25.68% 26.13% 46.83% 37.10% 17.47% Q3FY23 Q3FY24 Q3FY23 Q3FY24 Q3FY23 Q3FY24 ROCE (annualised)
Slide 9: Snapshot – 9M FY24 vs 9M FY23
Snapshot – 9M FY24 vs 9M FY23 28,746 30,202 4,235 7,565 7,066 4,066 2,936 2,502 9MFY23 9MFY24 9MFY23 9MFY24 9MFY23 9MFY24 9MFY23 9MFY24 Revenue (₹ lakhs) PBT (₹ lakhs) EBITDA (₹ lakhs) PAT (₹ lakhs) 23.88% 26.32% 23.40% 43.35% 38.64% 10.73% 9MFY23 9MFY24 9MFY23 9MFY24 9MFY23 9MFY24 ROCE (annualised)
Slide 10: Quarterly Revenue Trend
Quarterly Revenue Trend Quarterly Trend - Revenue from Operations (in ₹ Lakhs) 12,000 10,949 10,371 9,788 10,000 9,378 9,465 8,997 8,751 8,712 8,000 • Revenue from 7,042 operations in Q3 FY24 6,398 5,570 6,038 is increased by ₹ 578 6,000 lakhs as compared to Q3 FY23 (growth of 4,000 2,966 5.6%). 2,0
Slide 11: Quarterly EBITDA / PBT Trend
Quarterly EBITDA / PBT Trend Quarterly Trend – EBITDA (in ₹ Lakhs) Quarterly Trend - PBT(in ₹ Lakhs) 3,221 2,861 1,988 2,663 2,546 2,559 2,343 1,493 1,510 1,468 1,446 2,151 2,051 2,054 1,257 1,526 848 734 756 1,264 430 878 280 243 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 FY21 FY21 FY22 FY22 FY22 FY22
Slide 12: Brand-wise Revenue Composition
Brand-wise Revenue Composition Others Others 14% 12% Mainland China Mainland Sweet Bengal 26% China 10% Sweet Bengal 29% 9% Café Mezzuna 3% Café Mezzuna 3% Hoppipola Hoppipola 5% 3% Flame & Grill Flame & Grill 4% 4% Asia Kitchen 15% Asia Kitchen Sigree & Sigree & 12% Global Grill Global Grill 7% 8%
Slide 13: Brand-wise Revenue Composition (in ₹ Lakhs)
Brand-wise Revenue Composition (in ₹ Lakhs) Brands Q3 FY24 Q3 FY23 Revenue % Revenue % Mainland China 2,796.01 27% 2,954.07 30% Asia Kitchen 1,584.19 15% 1,175.73 12% Oh! Calcutta 1,358.91 13% 1,197.10 12% Haka 537.47 5% 602.67 6% Sigree & Global Grill 775.47 7% 765.32 8% Flame & Grill 395.73 4% 386
Slide 14: Restaurants & Confectionaries as at December 31, 2023
Restaurants & Confectionaries as at December 31, 2023 Units Brands Franchisees, 14 Mainland China / (Nos.) Asia Kitchen, 24 Mainland China / Asia Kitchen 24 Others, 7 Oh! Calcutta 9 Oh! Calcutta, 9 Sigree / Sigree Global Grill 3 Haka 4 Flame & Grill 2 Sigree / Sigree Café Mezzuna 2 Global Grill, 3 H
Slide 15: Consolidated Financial Results (₹ in lakhs)
Consolidated Financial Results (₹ in lakhs) Q3 FY24 Q2 FY24 Q3 FY23 Revenue from Operations 11,598 9,788 10,371 Other Income 663 582 186 Note: Total Revenue 12,261 10,370 10,557 - Cost of food and beverages consumed 3,477 2,928 3,115 In Consolidation results - Employee benefits expense 2,444 2,252 1
Slide 16: Standalone Financial Results (₹ in lakhs)
Standalone Financial Results (₹ in lakhs) Q3 FY24 Q3 FY24 Q3 FY24 Q2 FY24 Q3 FY23 Vs Vs Q2 FY24 Q3 FY23 Revenue from Operations 11,949 9,788 10,371 22% 15% • Highest Revenues Other Income 663 582 186 14% 256% achieved in any quarter. Total Revenue 12,612 10,370 10,557 22% 19% - Cost of food and beve
Slide 17: Financial Trends (₹ in Crores)
Financial Trends (₹ in Crores) Revenue EBITDA PAT 116.12 103.7 98.19 20.90% 20.74% 24.64% 6.39% 21.51 4.99% 28.61 11.58% 20.52 6.27 5.17 13.45 Q1FY24 Q2FY24 Q3FY24
Slide 18: Financial Trends (₹ in Crores)
Financial Trends (₹ in Crores) Revenue EBITDA PAT 398.71 367.92 266.54 25.15% 166.8 24.72% 18.71% 21.03% 100.27 95.58 66.96 10.13% 56.07 5.07% 15.21 13.51 FY 2020 FY 2021 FY 2022 FY 2023 -38.16 -29.34 (10.67%) (19.54%)
Slide 19: Composition of Sales Restaurants – Dine-in and Delivery
Composition of Sales Restaurants – Dine-in and Delivery 75% 75% 78% Q3FY24 Q2FY24 Q3FY23 Particulars (in ₹ Cr) (in ₹ Cr) (in ₹ Cr) Dine-In Sales 73.06 62.85 67.43 25% 25% 22% % to Restaurant Sales 78% 75% 75% Delivery Sales 21.08 21.13 22.29 % to Restaurant Sales 22% 25% 25% Q3FY23 Q2FY24 Q3FY24 Tot
Slide 20: The Road Ahead
The Road Ahead Revenues Innovation Profitability ✓ Focus on sustainable ✓ Drive Innovation across ✓ Rationalization of input growth by sweating of menus to provide a unique costs assets and leveraging guest experience from fine brand equity of our flagship dining to fun dining ✓ Price hike at opport
Slide 21: Renovated Outlets during the Quarter
Renovated Outlets during the Quarter
Slide 22: Mainland China, ICC Mall, Pune
Mainland China, ICC Mall, Pune
Slide 23: Mainland China, ICC Mall, Pune
Mainland China, ICC Mall, Pune
Slide 24: Mainland China, ICC Mall, Pune
Mainland China, ICC Mall, Pune
Slide 25: Mainland China, Powai, Mumbai
Mainland China, Powai, Mumbai
Slide 26: Mainland China, Powai, Mumbai
Mainland China, Powai, Mumbai
Slide 27: New Outlets Opened during the Quarter
New Outlets Opened during the Quarter
Slide 28: Asia Kitchen By Mainland China, Kohinoor Square, Dadar, Mumbai
Asia Kitchen By Mainland China, Kohinoor Square, Dadar, Mumbai
Slide 29: Asia Kitchen By Mainland China, Trade Centre, Bandra-Kurla Complex, Mumbai
Asia Kitchen By Mainland China, Trade Centre, Bandra-Kurla Complex, Mumbai
Slide 30: Asia Kitchen By Mainland China, Trade Centre, Bandra-Kurla Complex, Mumbai
Asia Kitchen By Mainland China, Trade Centre, Bandra-Kurla Complex, Mumbai
Slide 31: Disclaimer
Disclaimer This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Speciality Restaurants Limited (“the Company”) future business developmen
Slide 32: Thank you
Investor relation contact for additional information: Mr. Rajesh Kumar Mohta Executive Director – Finance and CFO Contact No : 022-33416700 / 6752 Email ID : rkm@speciality.co.in Thank you
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