United Foodbrands Ltd

Meeting Details

• Aug 26, 2026: One-on-One meeting with Motilal Oswal, virtual.
• Sep 2, 2026: One-on-One meeting at Elara Investor Conference, Mumbai.

Participants

• Company officials to attend; specific roles not disclosed.

Purpose

• Schedule for Analyst/Investor Meets and investor interaction.

Additional Notes

• Details will be available on the company's Investors webpage.

AGM notice and material access

• AGM date/time: Sept 10, 2026 at 10:30 IST, via VC/OAVM.
• Electronic AGM notice and FY2026 AR sent to registered emails.
• Shareholders with unregistered emails as of Aug 14, 2026 will access materials online.
• Letters include QR code and weblink to download AGM notice and AR.
• Web-access URLs provided via company website and the AGM notice page.
• Shareholders urged to update emails with their DP/Registrar to receive notices.

Corporate name change

• Company name updated to United Foodbrands Limited; formerly Barbeque-Nation Hospitality Limited.

Meeting Details

• Date: Friday, August 21, 2026; time not disclosed.
• Type/Mode: One-on-One, Virtual.
• Analyst attending: UnifyCapital.
• Purpose: One-on-one investor meeting; general investor interaction.
• Company participants: Officials to attend; specific roles not disclosed.
• UPSI: No unpublished price sensitive information will be shared.
• Availability: Details to be posted on UFBL Investors page.

Overview

• Standalone BRSR for UFBL; operates Barbeque Nation restaurants across 207 outlets in 80+ Indian cities.
• No export sales; royalty income ₹60.67 million from overseas subsidiaries.
• Reporting boundary: standalone; primary activity is operating restaurants.

Key ESG Risks & Opportunities

• Food safety compliance risk; mitigated via audits and training; negative financial implications noted.
• Energy efficiency opportunities via IoT energy management and VFD panels; potential cost savings.
• Employee welfare initiatives and retention programs support productivity; positive financial impact expected.
• Climate change risk; diversified sourcing and resilient logistics to mitigate potential cost pressures.
• Sustainable sourcing policy with MSMEs/SHGs enhances resilience; positive.
• Waste to Wealth program enables waste-to-energy and circularity; reduces footprint.
• DEI initiatives increase female representation and inclusive culture; positive impact.

Governance & Policy Highlights

• CSRS committee oversees BR policy implementation and sustainability initiatives.
• Board-approved BR policies, including Code of Conduct, Whistle Blower, POSH, Equal Opportunity.
• FY2026: no material fines or penalties from regulators.
• Independent assessment: internal assessments only; no external assurance.

Social Responsibility & Workforce

• Total employees 8,679; female 1,286 (14.8%).
• Board female representation 25%; KMP female 25%.
• PoSH training completed for 100% of employees.
• Future Leaders Academy: 3,000+ participants; Leadership Academy: 1,500 promotions.
• Kaushal se Kushal education sponsorship fully funded.
• Grievances: employees 9; customers 3,287 with 21 pending.
• LTIFR 3.17; 11 injuries; 2 fatalities.

Environmental Performance

• Total energy FY26: 2,88,301 GJ; energy intensity 281.1 GJ per Crore turnover.
• Scope 1 emissions 10,552 tCO2e; Scope 2 emissions 24,897 tCO2e; total 35,449 tCO2e.
• Biogenic emissions: 13,611 tCO2e (FY26).
• Total waste: 1,970.77 t; plastic 7.77 t; batteries 1.96 t; landfill 392.20 t; other recovery 1,568.80 t.
• Recycled waste: 9.77 t; energy-efficiency measures include LED, IoT-based management, briquette coal.
• No external verification of energy data.

Stakeholder Engagement & Complaints

• Key stakeholder groups: Customers, Employees, Shareholders, Regulators, Media, Community.
• Engagement channels: GSI, helpline, website, app; ongoing frequency.
• Complaints FY26: customers 3,287 with 21 pending; employees 9; others none.
• CSR and Stakeholders' Relationship Committee oversee grievances.

Other Notable Metrics

• MSME procurement 26.82% FY26; 29.42% FY25; Indian sourcing 98.61% FY26; 96.50% FY25.
• Related party purchases 5.62% FY26; loans/advances to related parties 100%; investments in related parties 100%.
• CSR Act not applicable; community initiatives include Food For Underprivileged Kids (1,682 beneficiaries).
• Affiliations: NRAI and Retailers Association of India.
• Cybersecurity: data privacy policy; VAPT conducted; no incidents FY26.
• Products: no recalls; product labeling exceeds minimum requirements.

Executive highlights

• FY26 standalone revenue ₹13,387m; YoY +8.6%.
• Consolidated revenue ₹13,534.90m; EBITDA ₹2,077.70m; gross profit ₹8,889m.
• Standalone net loss ₹585.64m; Consolidated net loss ₹619.11m.
• Gross margin 66.4%; EBITDA margin 15.5%.

Growth and portfolio expansion

• Added 35 restaurants to reach 262; target over 300 by FY27.
• International footprint across 7 countries; 92 cities served.
• Premium CDR brands Toscano and Salt; delivery brands UBQ, Barbeque in a Box, Dum Safar.
• Rebranded to United Foodbrands Limited to reflect multi-brand platform.

Digital engagement and customer reach

• Owned digital channels drove 60.9% dine-in; MAU 1.2m; 9.1m app downloads.
• Delivery revenue grew 31.9% YoY in Q4 FY26; 17.5% of consolidated revenue.
• Marketing spend increased to 3.0% of revenue in FY26.

Operations and footprint

• Consolidated dine-in volumes grew 43% in Q4 FY26; SSSG positive in late FY26.
• Footprint includes Barbeque Nation India core; international expansion ramping up.
• Average restaurant-level profitability guided by unit economics and supply-chain efficiency.

Capital structure and dividends

• Total borrowings ₹8,852.7m; net debt ₹8,596.8m; gearing 73.48%.
• Dividend policy: Board did not declare FY2026 dividend.
• ESOPs: 8,685 new shares issued; total options outstanding 10,16,633; repricing approved.

Governance and risk management

• Board of 8 members; Tarun Khanna joined May 2025; Ajay Nanavati Vipin resigned May 2025.
• Five board meetings; six committees; Deloitte Touche Tohmatsu India LLP internal auditors.
• Auditors reported no material qualifications; going concern status unchanged.

ESG and sustainability

• BRSR disclosures strengthened; focus on energy, water, waste, responsible sourcing.
• Nutrition support for underprivileged school children; PMKVY 4.0 rural youth training.
• IoT-based energy management; LED lighting; waste segregation and recycling initiatives.

Outlook and strategic priorities

• FY27: scale to 300+ restaurants; deepen owned digital channel ownership; improve margins.
• Maintain disciplined, cluster-led expansion with measurable returns; enhance capital productivity.

AGM Details

• AGM on 10 September 2026 at 10:30 IST via VC/OAVM
• Record/cut-off date for voting: 3 September 2026
• Remote e-voting window: 7–9 September 2026
• Notice available on company website

Resolutions

• Item 1: Adoption of audited standalone and consolidated financial statements for FY2026
• Item 2: Re-appointment of Azhar Yusuf Dhanani, retiring by rotation
• Item 3: Re-appointment of Rahul Agrawal, retiring by rotation

Directors

• Directors proposed for re-appointment: Rahul Agrawal and Azhar Yusuf Dhanani
• Rahul Agrawal: since 2020; last remuneration FY2026: 27.42m
• Azhar Yusuf Dhanani: since 2023; last remuneration Nil
• Both directors retire by rotation

Voting & Results

• Voting results to be declared at the AGM; Scrutinizer to report within 2–3 days
• Results to be posted on company and CDSL websites

AGM details

• 20th AGM scheduled for Sept 10, 2026 at 10:30 AM IST via VC/OAVM.
• Notice and Annual Report to be sent electronically to shareholders and posted on the company's website.

Key highlights

• Q1 FY27 revenue ₹4,259 Mn; 43.4% YoY growth; annualized revenue ₹17,036 Mn.
• 5 new restaurants opened in Q1; 1 closure.
• Network: 266 outlets across 93 cities in 7 countries.
• Captive digital ecosystem: 1.4 million monthly active users; 90% dine-in via own channels.
• Growth engines: BBQ India, BBQ International, Premium CDR.
• Expansion plan: target 400-425 outlets by FY30.
• BBQN India: SSSG 33.5%; revenue +43.4%; pre-IND AS OP margin 14.5%.
• International: revenue +46.6%; dine-in +45.2%; pre-IND AS OP margin 18.7%.
• Premium CDR: revenue +36.2%; SSSG 13.6%; pre-IND AS OP margin 10.9%.
• Matured restaurants pre-IND AS OP margin 20.0%.