Barbeque-Nation Hospitality Ltd - Stock Valuation and Financial Performance

BSE: 543283 | NSE: BARBEQUE | Restaurants | Small Cap

Barbeque-Nation Hosp Share Price

643 1.75 0.27%
as on 07-Oct'24 16:01

DeciZen - make an informed investing decision on Barbeque-Nation Hosp

Overall Rating
Bole Toh

2. Valuation

Somewhat Undervalued

3. Price Trend

Semi Strong

Barbeque-Nation Hospitality stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
2,518.8 Cr.
52-wk low:
463.4
52-wk high:
769.9

Is Barbeque-Nation Hospitality Ltd an attractive stock to invest in?

1. Is Barbeque-Nation Hospitality Ltd a good quality company?

Data is not available for this company.

2. Is Barbeque-Nation Hospitality Ltd undervalued or overvalued?

The key valuation ratios of Barbeque-Nation Hospitality Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

3. Is Barbeque-Nation Hospitality Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Barbeque-Nation Hospitality Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Barbeque-Nation Hosp:

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.

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 21.8%18.1%18.4%21.4%-1.6%-7.4%-5.9%6.9%17%7.8%-
Value Creation
Index
0.60.30.30.5-1.1-1.5-1.4-0.50.2-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 3044004895717037874537611,0741,0461,015
Sales YoY Gr.-31.6%22.4%16.7%23.2%11.9%-42.4%67.9%41.1%-2.6%-
Adj EPS 6.34.86.19.46.4-13.9-21.2-5.60.3-6.8-6.3
YoY Gr.--24%27.3%54.8%-31.6%-316.2%NANANA-2277.4%-
BVPS (₹) 45.749.655.879.977.325.446.2104.7106.8100.498.7
Adj Net
Profit
16.712.716.425.918-38.9-71.8-21.71.2-26.4-25
Cash Flow from Ops. 31.350.161.678.480.31776037.3184163-
Debt/CF from Ops. 111.31.11.21.11.70.60.10.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 14.7%8.3%32.1%-2.6%
Adj EPS -200.8%-201%NA-2277.4%
BVPS9.1%5.4%29.6%-6%
Share Price - - -17% -14.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
14.51011.513.88.1-26.3-42.7-6.40.3-6.2-6.3
Op. Profit
Mgn %
16.213.314.414.913.819.98.814.117.214.715.6
Net Profit
Mgn %
5.53.23.34.52.6-4.9-15.8-2.90.1-2.5-2.4
Debt to
Equity
0.30.40.50.40.52.70.70.10.10.1-
Working Cap
Days
6346414744377461535917
Cash Conv.
Cycle
-7-12-22-31-34-37-77-43-24-26-20

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 32.13%

Return on Equity is Poor

Sales growth is not so good in last 4 quarters at -5.45%

Latest Financials - Barbeque-Nation Hospitality Ltd.

Standalone Consolidated
TTM EPS (₹) -6.3 -3.6
TTM Sales (₹ Cr.) 1,015 1,236
BVPS (₹.) 98.7 93.3
Reserves (₹ Cr.) 366 345
P/BV 6.53 6.91
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 463.35 / 769.90
All Time Low / High (₹) 463.35 / 1949.70
Market Cap (₹ Cr.) 2,519
Equity (₹ Cr.) 19.5
Face Value (₹) 5
Industry PE 31.9

Management X-Ray of Barbeque-Nation Hosp:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *2.490.650.650.650.650.650.650.650.650.65
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Barbeque-Nation Hosp

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales3044004895717037874537611,0741,046
Operating Expenses 255347419486607631413654889892
Manufacturing Costs53687376969166113153154
Material Costs111147174193237275164279374364
Employee Cost 436788118145178118165230231
Other Costs 48658499129866596131142
Operating Profit 495371859715640107185154
Operating Profit Margin (%) 16.2%13.3%14.4%14.9%13.8%19.9%8.8%14.1%17.2%14.7%
Other Income 20154341261020
Interest 8101417136371566567
Depreciation 1723323237105101106124139
Exceptional Items -20-1-1-69-772050
Profit Before Tax 24212440-18-85-89-2810-32
Tax 98815138-19-63-5
Profit After Tax 15131625-30-93-70-227-26
PAT Margin (%) 5.1%3.1%3.2%4.4%-4.3%-11.8%-15.5%-2.8%0.6%-2.5%
Adjusted EPS (₹)5.84.75.99.0-10.8-33.1-20.7-5.51.7-6.8
Dividend Payout Ratio (%)13%16%17%11%-9%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 12213215122021671157407416392
Share Capital 13131414141417191920
Reserves 10811913720720257140388397373
Minority Interest0000000000
Debt183754657716681141325
Long Term Debt18365247611255914824
Short Term Debt01119164122050
Trade Payables1531406367981298210293
Others Liabilities 2741414653473628528624613
Total Liabilities 1822412853944138089951,0311,1541,123

Fixed Assets

Gross Block1672362892933871,0501,0641,2831,5021,565
Accumulated Depreciation54761066399384461541615718
Net Fixed Assets113160183230288665603742887847
CWIP 7141512910518191
Investments 8132528284141587187
Inventories13121518181318333935
Trade Receivables3547635616
Cash Equivalents 51436713242631815
Others Assets31363965586480110119132
Total Assets 1822412853944138089951,0311,1541,123

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 31506278801776037184163
PBT 24212440-18-85-89-2810-32
Adjustment 20284243111237127134174190
Changes in Working Capital -41241013321-673-1
Tax Paid -9-10-9-14-14-81-2-37
Cash Flow From Investing Activity -27-67-88-81-138-165-15-149-127-75
Capex -34-65-63-63-93-79-16-84-126-69
Net Investments -6-4-242-1-44-32-2
Others 142-1-20-44-82-4-62-3-4
Cash Flow From Financing Activity -1014293129-6185-67-102-91
Net Proceeds from Shares 20124832035410412
Net Proceeds from Borrowing -82027-141268-70-61-623
Interest Paid -5-4-7-10-7-13-19-4-1-4
Dividend Paid 0-2-2-3-3-30000
Others 01-110-5-58-79-106-96-113
Net Cash Flow -6-3328-296230-180-45-3
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)13.379.9211.1813.43-13.89-64.49-61.73-7.621.63-6.52
ROCE (%)21.7818.0518.3821.35-1.59-7.39-5.96.9216.997.8
Asset Turnover Ratio1.691.891.861.681.741.290.50.750.980.92
PAT to CFO Conversion(x)2.073.853.883.12N/AN/AN/AN/A26.29N/A
Working Capital Days
Receivable Days3433323311
Inventory Days151210109713121213
Payable Days515674971001102531388997

Barbeque-Nation Hospitality Ltd Stock News

Barbeque-Nation Hospitality Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Barbeque-Nation Hosp on 07-Oct-2024 16:01 is ₹643.0.
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 07-Oct-2024 16:01 the market cap of Barbeque-Nation Hosp stood at ₹2,518.8.
The latest P/E ratio of Barbeque-Nation Hosp as of 07-Oct-2024 16:01 is 0.00.
The latest P/B ratio of Barbeque-Nation Hosp as of 07-Oct-2024 16:01 is 6.53.
The 52-week high of Barbeque-Nation Hosp is ₹769.9 and the 52-week low is ₹463.4.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Barbeque-Nation Hosp is ₹1,015 ( Cr.) .

About Barbeque-Nation Hospitality Ltd

The company own and operate Barbeque Nation Restaurants, one of India’s leading casual dining restaurant chains. It also own and operate Toscano Restaurants and UBQ by Barbeque Nation Restaurant. The first Barbeque Nation Restaurant was launched in 2006 by SHL, one of its Promoters. It launched its first Barbeque Nation Restaurant in 2008, and subsequently acquired five Barbeque Nation Restaurants owned by SHL in 2012. It has steadily grown its owned and operated Barbeque Nation Restaurant network from a single restaurant in 2008 to 147 Barbeque Nation Restaurants (including opened, temporarily closed and under construction outlets) across 77 cities in India and six International Barbeque Nation Restaurants in three countries outside India as of December 31, 2020.

The company owns 61.35% of the equity share capital on a fully diluted basis of one of its Subsidiaries, Red Apple, which owns and operates nine restaurants under the brand name, ‘Toscano’, a casual dining Italian restaurant chain and operates one restaurant each under the brand names ‘La Terrace’ and ‘Collage’ respectively. The first Toscano Restaurant commenced operations in June 2008 and, as of December 31, 2020, it operated eleven Italian Restaurants, nine of which are under the brand name Toscano, in three cities in India. In November 2018, it launched UBQ by Barbeque Nation Restaurant to provide a la carte Indian cuisine in the value segment. At present, UBQ by Barbeque Nation Restaurant predominantly caters to the delivery segment.

Business area of the company

One of the leading casual dining chains in India, the company pioneered the concept of 'over the table barbeque' live grills embedded in dining tables - allowing guests to grill their own barbecue’s right at their tables. Indian cuisine is a natural part of the diet in the markets in which the Barbeque Nation Restaurants operate. It continues to offer new menu options, both vegetarian and non-vegetarian, largely based on Indian cuisine and use seasonal customer preferences to introduce new dishes. It also run popular food festivals at its Barbeque Nation Restaurants, thereby offering its customers a range of Indian and international cuisines. It typically offer customers at least five vegetarian and five non-vegetarian largely pre-cooked appetisers they can season and barbeque on a grill embedded in their table, an all-you-can-eat main course buffet and a selection of desserts.

Awards and Accreditations

  • 2016: The company was awarded the ‘Hospitality Trailblazer Award’ from Food Hospitality World (part of Indian Express).
  • 2016: The Company was ranked 37 amongst India’s best companies to work for 2016 by Great Places to Work Institute in collaboration with Economic Times.
  • 2017: One of its restaurants located in Gurgaon won the runner-up award at the People’s Choice Awards 2016 for excellence in the category of North Indian food by Gurgaon Foodie.
  • 2017: The company was ranked amongst the top 10 retail companies to work for by Great Places to  Work Institute in 2017 in collaboration with Retailers Association of India.
  • 2017: The company won the best restaurant concept of the year award for 2017 from eazydiner Foodie awards.
  • 2018: The Company was ranked among the top 10 retail best brands to work for in India in 2018 by  Great Place to Work (India) in association with Retailers Association of India.
  • 2018: The company was awarded the best national restaurant chain of the year at the Restaurant Awards 2017.
  • 2018: The company was awarded the best restaurant chain of year at the Restaurant Awards 2017 (South India Edition).
  • 2019: The company won the best restaurant chain of the year award for the year 2018 from eazydiner Foodie awards.
  • 2019: The company was awarded the ‘Best National Restaurant of the Year 2018’ award at the Indian Restaurant Awards powered by Franchise India.
  • 2019: The company was awarded the ‘Silver’ award at the SAMMIE Awards, 2018.
  • 2019: The company was recognised as the ‘Finest Food and Beverage Destination’ by 92.7 Big FM.
  • 2020: The company was awarded the ‘Best Restaurant to Work with’ award at the Indian Restaurant  Awards 2019.
  • 2020: The company was awarded the ‘Best Buffet in Kolkata at the Owlers Awards 2019 in association with Times Prime.
  • 2020: The company was awarded ‘Most Preferred Restaurant & F&B Retailer’ at the Stars of the Industry Awards by ET Now.
  • 2021: The company was ranked amongst the top 10 retail companies to work for by Great Places to Work Institute in 2020 in collaboration with Retailers Association of India.
  • 2021: The company was awarded the ‘Best Barbeques and Grills - Casual Dining’ award at the Times Food and Nightlife Awards 2020 by the Times of India.

Major events and milestones

  • 2006: The company’s promoter, SHL, launched the first Barbeque Nation restaurant at Pali Hill, Mumbai.
  • 2007: Barbeque Nation restaurants opened in Indira Nagar and Kormangala (Bengaluru) and Banjara Hills (Hyderabad) by SHL.
  • 2008: The company established a presence in Chennai and started the first Barbeque Nation  restaurant in T Nagar, Chennai.
  • 2012: Achieved revenue of over Rs 1,000 million for Fiscal 2012.
  • 2012: Acquisition of five Barbeque Nation restaurants from SHL.
  • 2012: The company opened the 25th Barbeque Nation restaurant at Times Square, Mumbai.
  • 2013: Investment by CX Partners Fund I Limited through TPL and investment by AAJVIT.
  • 2013: Introduced the concept of ‘Kulfi Nation’ counters in its restaurants.
  • 2015: Introduced the concept of ‘Live counters’ in select restaurants.
  • 2016: The company commenced international operations by setting up the 1st Barbeque Nation restaurant in Dubai.
  • 2016: The company opened the 75th Barbeque Nation restaurant in Korum Mall, Mumbai.
  • 2017: Achieved a consolidated revenue of over Rs 4,000 million in Fiscal 2017.
  • 2018: Investment by Alchemy India and Partner Reinsurance.
  • 2018: Expanded its international footprint in the Asia Pacific region by setting up a Barbeque Nation restaurant in Kuala Lumpur, Malaysia.
  • 2018: The company opened the 100th Barbeque Nation restaurant in Dimapur, Nagaland.
  • 2018: Launched UBQ by Barbeque Nation to provide a la carte Indian cuisine in the value segment.
  • 2019: The company opened the 130th Barbeque Nation restaurant.
  • 2019: Further expanded its international footprint by opening a restaurant in Muscat, Oman.
  • 2019: Acquisition of a controlling interest in Red Apple, which currently operates Italian restaurants  under the brand name “Toscano”, “La Terrace” and “Collage.
  • 2020: The company opened the 149th Barbeque Nation restaurant in Indore.
  • 2020: Launched “Barbeque-in-a-Box”, a product offering available online.
  • 2021: Investment by Xponentia.
  • 2021: Investment by Jubilant.


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