Barbeque Nation Q4 Results: Stock falls 6% after net loss widens from last year

Shares of Barbeque Nation Hospitality Ltd. fell as much as 6% on Thursday, May 22, after the company’s fourth quarter results.

The company’s net loss for the quarter widened to ₹20 crore, compared to a net loss of ₹1 crore during the same quarter last year.

Revenue for the period also declined on a year-on-year basis to ₹293 crore from ₹299 crore, implying a 2% drop. The management attributed the revenue drop to the fall seen in the India business.
Barbeque Nation’s Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) remained nearly unchanged at ₹54 crore from ₹55 crore last year.
EBITDA margin stood at 18.4% from 18.5% in the year-ago quarter.

Same store sales declined by 2% during the quarter, while the same quarter last year had seen growth of 1.4%. For the full year, the decline in same store sales narrowed to 3.8% from a decline of 6.5% during financial year 2024. The company launched 18 new restaurants in FY25.

Promoters of Barbeque Nation had a 33% stake in the company at the end of the March quarter. India’s domestic Mutual Funds have a 17% stake in the company, while the Massachusetts Institute of Technology has a 4.05% stake.

Jubilant Foodworks’ name also features in the list of shareholders with a stake of over 9%.

Shares of Barbeque Nation are trading 5.7% lower after the results announcement at ₹311.3. The stock is down 40% from its IPO price of ₹500 per share.