Initiating Coverage On Burger King India: Dolat Capital
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Dolat Capital Report
Burger King India Ltd., a globally recognized brand, is one of the fastest-growing international quick-service restaurant brands in India to reach 200 plus restaurants within the first five years of its operations.
The company would open at least 700 restaurants by CY26 implying 2.5 times growth from the current level.
We believe that the company has a well-defined store expansion strategy which gives better revenue visibility in long term.
Favourable demographics, change in customer preference, a surge in online ordering is expected to boost prospects of the QSR industry.
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