Barbeque-Nation Hospitality Ltd - 543283 - Announcement under Regulation 30 (LODR)-Resignation of Director
We wish to inform you that Mr. Tarun Khanna has resigned from the post of Nominee Director of Barbeque-Nation Hospitality Limited (the 'Company') with effect from February 4, 2022. Barbeque-Nation Hospitality Ltd - 543283 - Announcement under Regulation 30 (LODR)-Updates on Acquisition
We wish to inform you that Barbeque-Nation Hospitality Limited (the 'Company') has decided to further invest Rs.16.99 crores in the Equity Shares of Red Apple Kitchen Consultancy Private Limited ('Toscano'), a Subsidiary of the Company. The Company will acquire 1,261 Equity Shares, having face value of Rs.100/- each, at an issue price of Rs.1,34,776/- per Equity Share. Barbeque-Nation Hospitality Ltd - 543283 - Intimation Of Re-Appointment Of Mr. Kayum Razak Dhanani (DIN: 00987597) As The Managing Director Of Barbeque-Nation Hospitality Limited (The 'Company')
We hereby inform you that, based on the recommendation of the Nomination and Remuneration Committee and subject to approval of the Shareholders, the Board of Directors of the Company in its Meeting held today i.e., February 3, 2022, has approved the re-appointment of Mr. Kayum Razak Dhanani (DIN: 00987597) as the Managing Director of the Company for a further term of 3 years, with effect from March 4, 2022. Barbeque-Nation Hospitality Ltd - 543283 - Announcement under Regulation 30 (LODR)-Investor Presentation
Earnings Presentation on the financial results for the quarter ended December 31, 2021 Barbeque-Nation Hospitality Ltd - 543283 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press release on the financial results for the quarter ended December 31, 2021 Q3FY22 Quarterly Result Announced for Barbeque-Nation Hospitality Ltd.
Restaurant company Barbeque-Nation Hospitality announced Q3FY22 results: Revenue from operations of Rs. 286.7 crore, an increase of 47.1% vs. Q3FY21 Same-store sales growth of 42.7% Delivery revenue of Rs. 46.6 crore, an increase of 64.4% over Q3 FY21 Consolidated sales recovery of 123% in Q3FY22 as compared to the same period in FY20 Reported EBITDA of Rs 70.2 crore, an increase of 41.1% over Q3 FY21 Opened 7 new Barbeque Nation restaurants and 4 extension kitchens in Q3FY22 Own digital assets contribution of ~25% in Q3FY22 Transforming from a casual dining restaurant chain into a food services company Commenting on the business, Mr. Kayum Dhanani, Managing Director, said: “With the receding impact of the pandemic coupled with increased vaccination, we are experiencing improvement in the demand. Later part of December and January experienced some restrictions due to new variant but anticipate relaxation going forward, which will support our strong recovery trend. The dine in business made a robust recovery and our delivery vertical also contributed to our growth and has already achieved 2x of FY21 revenues. This strong performance has resulted recorded best ever topline and EBITDA in the history of the Company. Our various initiatives, including transformation to a food services company has started yielding positive results and is anticipated to provide further impetus to our growth journey going forward.” Commenting on the performance, Mr. Rahul Agrawal, CEO, said: “The gradual lifting of restrictions across the country has supported our recovery journey for the quarter. Of the total 174, over 90% of our outlets were fully operational during the quarter. This has led us to registering a robust growth in the dine-in segment as well as delivery segment. Our revenues have grown at 47% and profitability also improved significantly during the quarter with over 41% y-o-y growth in EBITDA. In continuation of our strategy to expand our reach, we have added 7 new restaurants during the quarter. We are on track to open 20 restaurants by end of the financial year and will also continue to invest in our digital platform, which will further augment our growth journey.” Result PDF Barbeque-Nation Hospitality Ltd - 543283 - Statement Of Deviation Or Variation In Utilization Of Funds Raised In Initial Public Offering ('IPO') And Preferential Issue Of Barbeque-Nation Hospitality Limited (The 'Company')
We wish to inform you that there has been no deviation in the utilization of proceeds of: (a) Initial Public Offering ('IPO'); and (b) Preferential issue For the quarter ended December 31, 2021 as mentioned in the objects stated in the Prospectus dated March 31, 2021 and Offer letter dated August 27, 2021, respectively. Barbeque-Nation Hospitality Ltd - 543283 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
The Stakeholders Relationship Committee of Barbeque-Nation Hospitality Limited (the 'Company') in its meeting held today i.e., Thursday, February 3, 2022 has approved allotment of 46,426 Equity Shares having face value of Rs.5/- each towards the exercise of vested Employee Stock Options under ESOP 2015. Barbeque-Nation Hospitality Ltd - 543283 - Unaudited Standalone And Consolidated Financial Results For The Quarter And Nine Months Ended December 31, 2021
The Board of Directors of Barbeque-Nation Hospitality Limited (the 'Company') at its Meeting held today i.e., February 3, 2022 which started at 10:45 AM (IST) and concluded at 12:10 PM(IST), inter-alia, considered and approved the Unaudited Standalone and Consolidated financial results for the quarter and nine months ended December 31, 2021. Barbeque-Nation Hospitality Ltd - 543283 - Board Meeting Outcome for Intimation Of Outcome Of The Board Meeting Held On February 3, 2022
The Board of Directors of Barbeque-Nation Hospitality Limited (the 'Company') at its Meeting held today i.e., February 3, 2022 which started at 10:45 AM (IST) and concluded at 12:10 PM(IST), inter-alia, considered and approved the following: 1. Unaudited Standalone and Consolidated financial results for the quarter and nine months ended December 31, 2021; 2. Re-appointment of Mr. Kayum Razak Dhanani (DIN: 00987597), Managing Director of the Company for a period of 3 years with effect from 4th March, 2022; 3. Appointment of Mr. Vijayakrishna KT (FCS No:1788; C.P. No:980) as Secretarial Auditor of the Company for the financial year 2021-22; 4. Further investment of Rs.16.99 crores in the Equity Shares of Red Apple Kitchen Consultancy Private Limited ('Toscano'), a Subsidiary of the Company. 5. Modification of Policy on Related Party Transactions of the Company in line with the recent amendment of the SEBI LODR Regulations.