Restaurant Brands Asia Limited (RBA) AI Stock Analysis

• Market Cap: ₹45.44B
• Dividend Yield: N/A
• Average Volume (3M): 120.66K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.94
• Revenue Growth: 5.21%
• EPS Growth: 10.60%
• Country: IN
• Employees: 9,086
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Restaurants
• EPS (TTM): -0.20
• Shares Outstanding: 582,192,140
• 10 Day Avg. Volume: 262,129
• 30 Day Avg. Volume: 120,657
• PEG Ratio: 9.33
• Price to Book (P/B): 3.53
• Price to Sales (P/S): 1.26
• P/FCF Ratio: 37.83
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹82.00
• Price Target Upside: 5.06% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 47 Neutral
• Price Target: ₹79.00 ▲(1.22% Upside)

The overall stock score is primarily influenced by the company's strong revenue growth but offset by its profitability challenges and high leverage. The technical analysis suggests some potential for bullish momentum, but valuation metrics are unfavorable due to negative earnings. The absence of earnings call data and corporate events limits additional insights.

Restaurant Brands Asia Limited Business Overview & Revenue Model

Company Description

Restaurant Brands Asia Limited together with its subsidiaries operates quick service restaurants in India and Indonesia. The company develops, establishes, operates, and franchises Burger King branded restaurants. It also develops, establishes, operates, and franchises POPEYES branded restaurants in Indonesia. As of June 30, 2022, the company had 328 restaurants in India. It also operates 177 restaurants in Indonesia. The company was formerly known as Burger King India Limited and changed its name to Restaurant Brands Asia Limited in February 2022. Restaurant Brands Asia Limited was incorporated in 2013 and is based in Mumbai, India.

How the Company Makes Money

Restaurant Brands Asia Limited generates revenue primarily through the operation of its fast-food restaurant chains. The company's key revenue streams include sales from company-owned outlets and franchise fees from independently operated locations. Additionally, RBA benefits from strategic partnerships with suppliers and marketing alliances that enhance its brand visibility and operational efficiency. The company leverages its strong brand portfolio and market presence to attract a steady flow of customers, thereby increasing its sales volumes and profitability. Franchise operations, in particular, provide a significant source of income through initial franchise fees and ongoing royalties based on sales performance of franchised stores.

Restaurant Brands Asia Limited Financial Statement Overview

Summary

Restaurant Brands Asia Limited shows strong revenue growth but struggles with profitability and high leverage. The company needs to improve operational margins and manage debt levels for better financial stability. Positive operating cash flows are a strength, but consistent free cash flow is necessary for sustainable growth.

Income Statement

Restaurant Brands Asia Limited has shown consistent revenue growth over the years, with a significant increase in total revenue from 2021 to 2025. However, the company has faced persistent net losses, with negative net profit margins each year. The EBIT and EBITDA margins have been volatile, with EBIT being negative in multiple years. This indicates challenges in achieving profitability despite growing revenues.

Balance Sheet

The company's balance sheet shows a high level of debt relative to equity, with a debt-to-equity ratio consistently above 2. The equity ratio has declined over the years, suggesting increased reliance on debt financing. Although the return on equity is negative due to ongoing net losses, the company has managed to increase its total assets, which is a positive sign for potential future growth.

Cash Flow

Cash flow analysis reveals a positive trend in operating cash flows, indicating operational efficiency. However, free cash flow has been inconsistent, with both positive and negative figures over the years, partly due to significant capital expenditures. The operating cash flow to net income ratio is strong, suggesting that despite net losses, the company generates solid cash from operations.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	26.02B	25.51B	24.37B	20.54B	14.86B	10.02B
Gross Profit	6.95B	5.76B	10.64B	9.52B	6.37B	452.12M
EBITDA	2.67B	1.07B	2.61B	1.47B	937.88M	512.91M
Net Income	-2.09B	-2.16B	-2.18B	-2.21B	-1.96B	-2.46B
Balance Sheet
Total Assets	0.00	34.63B	27.09B	24.93B	23.82B	19.63B
Cash, Cash Equivalents and Short-Term Investments	5.60B	5.60B	1.16B	3.02B	6.78B	4.12B
Total Debt	0.00	18.32B	14.30B	11.68B	8.87B	9.01B
Total Liabilities	-8.94B	25.68B	20.80B	16.47B	13.14B	18.53B
Stockholders Equity	8.94B	9.09B	6.27B	8.25B	10.41B	848.86M
Cash Flow
Free Cash Flow	0.00	848.38M	639.49M	-2.28B	-686.92M	-63.00M
Operating Cash Flow	0.00	3.50B	3.46B	1.24B	691.65M	287.21M
Investing Cash Flow	0.00	-2.12B	-2.12B	129.41M	-10.78B	-3.36B
Financing Cash Flow	0.00	3.85B	-2.51B	-1.70B	11.12B	3.57B

Restaurant Brands Asia Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 78.05
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:RBA, the sentiment is Negative. The current price of 78.05 is below the 20-day moving average (MA) of 80.79, below the 50-day MA of 80.91, and above the 200-day MA of 77.52, indicating a neutral trend. The MACD of -0.57 indicates Positive momentum. The RSI at 41.87 is Neutral, neither overbought nor oversold. The STOCH value of 6.14 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:RBA.

Restaurant Brands Asia Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ARVIND	69 Neutral	₹77.83B	21.69	9.34%	1.26%	10.23%	18.42%
DEVYANI	61 Neutral	₹211.03B	-1,780.67	0.84%	―	29.37%	-117.68%
SAPPHIRE	61 Neutral	₹95.43B	1,085.74	1.38%	―	10.62%	-76.06%
WESTLIFE	59 Neutral	₹106.25B	1,054.67	2.01%	0.11%	5.80%	-76.79%
RBA	47 Neutral	₹45.44B	―	―	―	5.21%	10.60%
BARBEQUE	43 Neutral	₹9.16B	-23.28	-7.66%	―	-0.97%	-181.39%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%

Restaurant Brands Asia Limited Corporate Events

Restaurant Brands Asia to Participate in Global Investor Conference

Restaurant Brands Asia Limited announced its participation in the 21st Annual Global Investor Conference scheduled for September 1, 2025, in Mumbai. The company will engage in one-on-one and group meetings, ensuring no unpublished price-sensitive information is disclosed. This event is part of the company’s ongoing efforts to maintain transparency and engage with investors, potentially impacting its market perception and stakeholder relations.

Restaurant Brands Asia Limited to Participate in Ashwamedh Investor Conference

Restaurant Brands Asia Limited has announced its participation in the Ashwamedh, Elara India Dialogue 2025 investor conference scheduled for September 3, 2025, in Mumbai. The company plans to engage in one-on-one and group meetings during the conference, emphasizing its commitment to transparency and stakeholder engagement. This event is part of the company’s strategy to maintain open communication with investors, although no unpublished price-sensitive information will be disclosed.

Restaurant Brands Asia Releases Investor Call Recording

Restaurant Brands Asia Limited announced that the audio recording of its Investor/Analyst call, discussing the unaudited financial results for the quarter ending June 30, 2025, has been made available on the company’s website. This move reflects the company’s commitment to transparency and keeping stakeholders informed about its financial performance.