UFBL / guidance tracker

Keep management guidance in view.

United Foodbrands · forward-looking guidance across the available source record.

Research layer active

Guidance tracker

What management said would happen.

Restaurant Count: 265 by FY26 year-end, 300+ by FY27

Currently 249 operational + 18 under construction targeting 14-15 launches in Q4. Strong pipeline of 20 additional sites in advanced stages. International targeting 12-15 by FY26 year-end and 23-25 by FY27.

expansion

Gross Margin: Target 67-68% range

Currently below this range due to conscious investments in gross margin to drive traffic recovery. Management expects gradual improvement over next few quarters as volume scales and supply chain optimization projects mature.

margins

Mature Restaurant Operating Margin: Target 18% for BN India

Currently 17.2% at mature BN India portfolio. Management sees 8-9% additional throughput required to achieve 2pp expansion through operating leverage (40-45% flow-through on incremental revenue).

margins

Net Debt: Stay below Rs 100 crore

Net debt currently ~Rs 80 crore; management committed to maintaining sub-Rs 100 crore net debt even as expansion accelerates, relying on strong operating cash flow generation.

capex