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Grill Splendour Services Ltd (BIRDYS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: BIRDYS Retailing | Small Cap | Grill Splendour Serv Share Price

BSE Share Price
Not Listed

Grill Splendour Services Ltd (BIRDYS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: BIRDYS Retailing | Small Cap | Grill Splendour Serv Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹86 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹-15.5
TTM Sales
₹10.2 Cr.
Book Value per Share
₹41.6
P/E Ratio
0.00
Industry PE
70.6
Price to Book (P/B)
2.97
Higher than its 5-year historical median
Price to Sales (P/S)
8.40
Higher than its 5-year historical median
EV/EBITDA
-13.69
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
-47.70%
Underperforms industry median
Return on Capital Employed (ROCE)
-24.52%
Underperforms industry median
Return on Assets (ROA)
-18.96%
Operating Profit Margin
-51.2%
Net Profit Margin
-46.3%
Gross Profit Margin
-54.7%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-23.83%
Operating Profit Growth (1 Year)
-
-839.44%
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
30.25%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹21 Cr.
Equity
₹6.9 Cr.
Face Value
₹10
All Time Low / High
- / -

Grill Splendour Services stock performance

Key Ratios
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Check Before You Invest

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M-Cap below 100cr DeciZen not available

Q.1 Is Grill Splendour Services Ltd a good quality company?
Grill Splendour Services Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

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We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

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How does Grill Splendour Services Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Grill Splendour Services Ltd vs industry peers?
Grill Splendour Services Ltd revenue CAGR is 0.00%, compared to the industry median CAGR of 0.00%, indicating stable growth and maintaining its market share.
Q.1 Promoter shareholding and pledge status of Grill Splendour Services Ltd?
Promoters hold 30.25% of the Grill Splendour Services Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Grill Splendour Services Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of 13.57% based on the current price.
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10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Grill Splendour Services Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation ⓘ

Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % ⓘ6.5%12.4%86.1%4.3%-24.5%-
Value Creation
Index ⓘ		NA-0.15.2-0.7-2.8-

Growth Parameters ⓘ
Sales ⓘ8.311.515.313.510.310
Sales YoY Gr.-39.4%33%-11.9%-23.8%-
Adj EPS ⓘ-0.20.213.2-0.6-9.1-15.5
YoY Gr.-NA5634.8%-104.7%NA-
BVPS (₹) ⓘ-0.10.113.310.730.441.6
Adj Net
Profit ⓘ		-002-0.2-4.8-11
Cash Flow from Ops. ⓘ0.302.4-0.1-3.4-
Debt/CF from Ops. ⓘ3.1501.3-131.3-1.1-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘNANA-3.7%-23.8%
Adj EPS ⓘNANA-441%NA
BVPSⓘNANA551.2%184.5%
Share Price - - - 7.5%

Key Financial Parameters ⓘ

Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity % ⓘ		205.1-8650196.7-7.8-34.9-43
Op. Profit
Mgn % ⓘ		1.52.118.95.3-51.2NAN
Net Profit
Mgn % ⓘ		-0.40.313-1.8-46.3-105.1
Debt to
Equity ⓘ		-5579.61.53.80.2-
Working Cap
Days ⓘ		053823366720
Cash Conv.
Cycle ⓘ		0-25-28-3420

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Sales8.2511.5015.2913.4710.26
Operating Expenses ⓘ + 8.1311.2612.4112.7515.51
Manufacturing Costs1.141.101.481.882.09
Material Costs2.523.553.313.273.80
Employee Cost 1.992.543.262.753.46
Other Costs ⓘ 2.474.074.374.856.17
Operating Profit ⓘ 0.120.252.880.71-5.25
Operating Profit Margin (%) 1.5%2.1%18.9%5.3%-51.2%
Other Income ⓘ + 0.010.020.020.020.05
Exceptional Items ⓘ 00000
Interest ⓘ 0.100.110.230.760.41
Depreciation ⓘ 0.060.120.160.200.48
Profit Before Tax ⓘ -0.040.032.51-0.23-6.09
Tax ⓘ 000.520.01-1.34
Profit After Tax -0.040.031.99-0.24-4.75
PAT Margin (%) -0.4%0.3%13.0%-1.8%-46.3%
Adjusted EPS (₹)-0.20.213.2-0.6-9.1
Dividend Payout Ratio (%)0%0%0%0%0%

Valuation of Grill Splendour Serv - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + -0.020.022.014.1015.82
Share Capital ⓘ 0.010.010.013.845.21
Reserves ⓘ -0.030.0120.2610.61
Debt +0.871.242.803.393.18
Long Term Debt0.651.162.022.932.91
Short Term Debt0.220.070.780.470.27
Minority Interest00000
Trade Payables0.930.851.301.861.77
Others Liabilities ⓘ 0.890.801.4612.777.22
Total Liabilities ⓘ 2.662.917.5622.1227.98

Fixed Assets

Net Fixed Assets ⓘ +0.951.151.401.776.82
Gross Block1.021.341.762.347.87
Accumulated Depreciation0.070.190.360.571.05
CWIP ⓘ 00000
Investments ⓘ 00000
Inventories0.280.240.200.190.20
Trade Receivables0.110.120.660.832.05
Cash Equivalents 0.070.080.990.742.99
Others Assets ⓘ 1.241.324.3018.5815.91
Total Assets ⓘ 2.662.917.5622.1227.98

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity ⓘ + 0.320.032.35-0.12-3.42
PBT ⓘ -0.040.031.99-0.23-6.09
Adjustment ⓘ 0.160.210.370.950.84
Changes in Working Capital ⓘ 0.2-0.22-0.01-0.830.49
Tax Paid ⓘ 000-0.011.34
Cash Flow From Investing Activity ⓘ + -0.74-0.29-2.91-15.65-5.75
Capex -0.64-0.32-0.42-0.57-5.53
Net Investments 00000
Others ⓘ -0.100.03-2.49-15.08-0.22
Cash Flow From Financing Activity ⓘ + 0.400.261.4715.5211.42
Net Proceeds from Shares ⓘ 0003.8316.47
Net Proceeds from Borrowing ⓘ 0.650.510.850.91-11.86
Interest Paid ⓘ -0.10-0.11-0.23-0.76-0.41
Dividend Paid ⓘ 00000
Others ⓘ -0.15-0.140.8511.557.22
Net Cash Flow ⓘ -0.0200.91-0.242.25

Financial Ratio

PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)N/A0196.66-7.78-47.7
ROCE (%)N/A12.3686.084.32-24.52
Asset Turnover Ratio3.14.132.920.910.41
PAT to CFO Conversion(x)N/A11.18N/AN/A
Working Capital Days
Receivable Days5.103.709.4020.3051.30
Inventory Days12.408.305.305.307
Payable Days134.2091.50118.60175.90174.50

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Grill Splendour Services Ltd FAQs

The current trading price of Grill Splendour Serv on 01-Jan-1970 05:30 is ₹0.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of Grill Splendour Serv stood at ₹85.59 Cr

The latest P/E ratio of Grill Splendour Serv as of 31-Dec-1969 is 0.00.

The latest P/B ratio of Grill Splendour Serv as of 31-Dec-1969 is 2.97.

The 52-week high of Grill Splendour Serv is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Grill Splendour Serv is ₹10.19 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Grill Splendour Services Ltd is a below average quality company.

The key valuation ratios of Grill Splendour Services Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Grill Splendour Services Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Grill Splendour Services Ltd

Grill Splendour Services Limited was incorporated as Grill Splendour Services Private Limited on November 29, 2019 under the Companies Act, 2013 with the Registrar of Companies, Mumbai. The status of the Company was changed to public limited and the name of the Company was changed to Grill Splendour Services Limited vide Special Resolution dated August 14, 2023 pursuant to conversion of the Company into public limited Company. The fresh certificate of incorporation consequent to conversion was issued on September 06, 2023 by the Registrar of Companies, Mumbai.

The company is engaged in the business of selling Bakery and patisserie food items through chain of Birdy’s store. The company is a chain of gourmet Bakery and Patisserie spread across Mumbai through retail stores, a centralized production facility and multiple corporate clients. It offers fresh food products from traditional to ‘made to order’ as required by the Customers. The company was incorporated in November 2019 as a hospitality company to acquire the bakery and confectionary business along with brand Birdy’s Bakery and Patisserie from WAH Restaurants. The acquisition was done via a Business Transfer and Intellectual Property Assignment Agreement dated December 27, 2019 (Acquisition Agreement). After that the company proceeded to invest in the business and grow the brand and spread presence. The brand Birdy’s was originally set up as ‘Birdy’s by Taj’. Over a period, it was sold to WAH Restaurants and from them the same was acquired by the company vide above referred Acquisition Agreement. The primary focus of the Company was to bring back the quality and sheen of the brand. 

Its production facility is largely based on a manual production format. The food items are handmade by its chefs and they are of various varieties / sizes and types accordingly, there is no possibility to work out capacity. Hence capacity and capacity utilization does not apply to its business. The Promoters of the company, Srinidhi V Rao and Vandana Srinidhi Rao, individually have many years of experience in Hospitality industry. Its vision is to make available affordable experiential stores to meet every aspirational needs of individuals. Its Promoters inspirational leadership has led Grill Splendour Services (GSSL) to be recognised as one of the trusted food chains in its region. Further, the Company is managed by a team of experienced personnel. The team comprises of personnel having customer relationship, operational, marketing and business development experience.

Business area of the company

The company is engaged in the business of selling Bakery and patisserie food items through chain of Birdy’s store. The company is a chain of gourmet Bakery and Patisserie spread across Mumbai through retail stores.

Products of the company

  • Cakes & Pastries
  • Food sale (It offers ready to eat savories like croissants, puffs, sandwiches etc.)
  • Beverages (It includes cold and Hot beverages)
  • Desserts sales (It includes brownies, cupcakes, muffins and tea cake)

History and milestones

  • 2019: Incorporation of the Company.
  • 2019: Acquisition of Business and Birdy’s Brand from Wah Restaurants Private Limited
  • 2020: The central confectionary commissary / Bakery, Kitchen and 1st Store started operations at Wadala.
  • 2020: Purchase of two CNG air cooled delivery vehicles.
  • 2020: Commenced operations at a Birdy’s shop at Versova.
  • 2021: New stores at Powai and Veera Desai Road, Andheri
  • 2021: Purchased 3rd CNG refrigerated van.
  • 2021: New Birdy’s outlets at Ghatkopar.
  • 2021: Moved to new larger corporate office for the company at Wadala.
  • 2021: Moved to a new store room for Birdy’s material management at Wadala.
  • 2022: Opened a new Birdy’s outlet at Prabhadevi, Ghatkopar, Mahim and IC Colony, Borivali.
  • 2022: Commenced supply of foods to B2B customers Wagh Bakri Tea Lounge as well as MARS Restaurants.
  • 2022: Commenced catering services as well as a Birdy’s outlet at Tata Trent Headquarter at BKC, Mumbai.
  • 2022: Purchase 4th CNG refrigerated van.
  • 2022: Supply of foods to B2B customers of Coffee Day, Barista and IBIS hotels.
  • 2023: Expansion of central confectionary kitchen at Wadala.
  • 2023: Opened New Birdy’s outlet at Kemps Corner.

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