Stock Analysis – Speciality Restaurants
Business
Speciality Restaurants is a fine dining chain which has presence in 25 cities through its popular brands Mainland China, Oh! Calcutta, Global Grill, Sigree Global Grill, Mezzuna and Hoppipola.
Over the next 2 years, it plans to add 25-30 outlets to its existing chain of 90 restaurants and 16 confectionaries.
Financials
The company's flagship brand Mainland China contributes 58 % to its total revenues.
The company's net revenue during the period grew to Rs 214.8 crore while its operating profit margin was stable at 21.9 per cent.
compounded annual growth rate (CAGR) of 13.6 per cent in the past three years despite a fall in domestic discretionary spending.
The company has managed a large part of this expansion from the proceeds of its initial public offering ( IPO) in 2012...