The document is a regulatory filing containing the transcript of an Earnings Conference Call pertaining to the financial results for the quarter and half year ended September 30, 2026 (Q2 FY27). The call was hosted by ICICI Securities Limited.
The event was held on November 04, 2026. A specific time and time zone were not mentioned in the provided transcript.
The stated purpose of the event was to discuss the Q2 FY27 financial results and provide a business update.
Management participants included Mr. Avik Chatterjee (Whole-Time Director and Chief Executive Officer) and Mr. Rajesh Kumar Mohta (Executive Director, Finance and Chief Financial Officer). The moderator was Mr. Aniket Kamble from ICICI Securities.
The company stated that the transcript of the call was being submitted to the stock exchanges and would also be hosted on the company's website at www.speciality.co.in.
Financial Performance (Standalone): Revenue from operations grew 18.24% YoY to INR 129.78 crores (vs. INR 109.76 crores in Q2 FY26). Operational EBITDA grew 39.44% YoY to INR 10.242 crores (vs. INR 7.47 crores), with the margin improving to 8.03% from 6.81%. Profit After Tax (PAT) increased 45.75% YoY to INR 6.94 crores (vs. INR 4.76 crores).
Same-Store Sales Growth (SSSG): SSSG was 9.8% for H1 FY27 (Q1 FY27: 11.32%, Q2 FY27: 8.1%).
Sales Mix: The delivery mix was 32% (dine-in 68%) in Q2 FY27, compared to 27.4% (dine-in 72.6%) in Q2 FY26.
Network: As of September 30, 2026, the network comprised 125 outlets (118 company-owned and operated, 7 franchise-owned company-operated).
Expansion Plans for H2 FY27: New openings are planned across Mumbai, Delhi, Pune, Bangalore, Kolkata, and Dubai. Specific brands mentioned for expansion include Gong (premium Asian dining), Walters Burger (QSR), and Siciliana (casual dining Italian). Two new Gong outlets (Delhi and Pune) and three Walters Burger outlets are planned for Q3 FY27.
Long-Term Target: The company reaffirmed its target to reach 200 physical outlets by FY2030.
Unit Economics (Asia Kitchen brand): Throughput is INR 60-75 lakhs per month. Gross margins are ~76%. Cost breakdown: staff costs 20-22%, rentals 18%, operating expenses ~11%, resulting in a restaurant-level EBITDA of ~22% and a PAT of ~18% after ~4% depreciation.
Capex: The average capex per new restaurant is INR 4-5 crores, with an annual capex plan of approximately INR 50 crores.
Liquor Mix: Liquor contributes 8-9% of total revenues.
Strategy: Focus on "kitchen within kitchen" concepts to optimize delivery operations without significant extra costs. The company expects the delivery mix to stabilize at 30-35% of total business.
Additional Notes Section
The document was an enclosure to a formal letter submitted to the BSE and NSE, as required by Regulation 30 of the SEBI LODR Regulations, 2015.
The document explicitly contains detailed financial data from the quarterly results and management commentary from the Q&A session.
The filing was digitally signed by Mr. Avinash Madhukar Kinhikar, Company Secretary & Legal Head, on November 7, 2026.
