Key Financial Figures - Standalone (₹ millions)

Quarter Ended September 30, 2026:

  • Revenue from operations: ₹3,251.95 (Q2 2025: ₹2,299.80)
  • Other income: ₹47.19 (Q2 2025: ₹78.62)
  • Total income: ₹3,299.14 (Q2 2025: ₹2,378.42)
  • Total expenses: ₹2,826.14 (Q2 2025: ₹2,071.24)
  • EBITDA: ₹473.00 (Q2 2025: ₹307.18)
  • Finance costs: ₹178.30 (Q2 2025: ₹160.96)
  • Depreciation & amortization: ₹339.13 (Q2 2025: ₹360.43)
  • Loss before tax: ₹(44.43) (Q2 2025: ₹(214.21))
  • Net tax expense: ₹0.00
  • Loss after tax: ₹(44.43) (Q2 2025: ₹(214.21))
  • Total comprehensive loss: ₹(41.07) (Q2 2025: ₹(214.32))
  • Basic & diluted EPS: ₹(1.14) (Q2 2025: ₹(5.48))

Half Year Ended September 30, 2026:

  • Revenue from operations: ₹6,535.80 (H1 2025: ₹4,589.16)
  • Profit after tax: ₹16.89 (H1 2025: ₹(383.77))
  • Basic & diluted EPS: ₹0.43 & ₹0.42 (H1 2025: ₹(9.82))

Key Financial Figures - Consolidated (₹ millions)

Quarter Ended September 30, 2026:

  • Revenue from operations: ₹4,293.45 (Q2 2025: ₹3,047.57)
  • EBITDA: ₹644.77 (Q2 2025: ₹458.16)
  • Loss before tax: ₹(81.16) (Q2 2025: ₹(231.55))
  • Net tax credit: ₹(16.78)
  • Loss after tax: ₹(64.38) (Q2 2025: ₹(225.02))
  • Attributable to owners: ₹(61.44) (Q2 2025: ₹(221.92))
  • Attributable to NCI: ₹(2.94) (Q2 2025: ₹(3.10))
  • Basic & diluted EPS: ₹(1.57) (Q2 2025: ₹(5.69))

Half Year Ended September 30, 2026:

  • Revenue from operations: ₹8,552.44 (H1 2025: ₹6,017.38)
  • Loss after tax: ₹(41.30) (H1 2025: ₹(391.77))
  • Attributable to owners: ₹(30.51) (H1 2025: ₹(385.30))
  • Basic & diluted EPS: ₹(0.78) (H1 2025: ₹(9.88))

Balance Sheet Highlights (Standalone as of September 30, 2026)

  • Total assets: ₹12,833.32 million (March 31, 2026: ₹12,122.53 million)
  • Property, plant & equipment: ₹3,409.27 million
  • Right-of-use assets: ₹5,054.91 million
  • Total equity: ₹3,490.73 million
  • Borrowings: ₹1,043.69 million (non-current ₹656.54M + current ₹387.15M)
  • Lease liabilities: ₹6,395.16 million (non-current ₹5,793.04M + current ₹602.12M)

Cash Flow Highlights (Standalone H1 2026)

  • Net cash from operating activities: ₹1,078.95 million
  • Net cash used in investing activities: ₹(498.34) million
  • Net cash used in financing activities: ₹(496.43) million
  • Net increase in cash: ₹84.18 million
  • Cash & equivalents at period end: ₹143.14 million

Dates and Periods

  • Board meeting date: November 2, 2026 (12:00 PM - 12:40 PM IST)
  • Reporting period: Quarter and half year ended September 30, 2026
  • Previous intimation date: October 26, 2026
  • Auditor review date: November 2, 2026

Corporate Developments

1. Name Change: Company changed from "Barbeque-Nation Hospitality Limited" to "United Foodbrands Limited" effective September 18, 2025, approved by Registrar of Companies.

2. WGPL Acquisition: Completed acquisition of 51% equity in Willow Gourmet Private Limited (ice-cream brand 'Omm Nom Nomm') on June 30, 2025, making it a subsidiary.

3. Subsidiary Amalgamation: Scheme of Amalgamation between Red Apple Kitchen Consultancy Private Limited (Transferee) and Blue Planet Foods Private Limited (Transferor) approved by NCLT Bengaluru on May 29, 2026. Effective from Appointed Date April 1, 2024. Share exchange ratio: 0.1215 (4 equity shares of Transferee for every 33 equity shares in Transferor).

4. International Expansion:

  • December 16, 2025: Acquired United Foodbrands Thai Holding Co., Ltd. and United Foodbrands Thai Co., Ltd. (Thailand)
  • February 24, 2026: Incorporated Barbeque Nation Restaurant W.L.L. in Qatar (operations not yet commenced)

Regulatory and Accounting Matters

1. Labour Code Impact: Government notified four Labour Codes on November 21, 2025. Company recognized ₹46.68 million for gratuity and ₹14.20 million for long-term compensated absences in FY2026 employee benefits expense based on assessment of draft rules and FAQs.

2. Tax Adjustments: Reversed ₹61.42 million of income-tax provisions in FY2026 pursuant to favorable Appellate Orders from Income-tax authorities.

3. Loan Write-off: RBI approved write-off of loan and accrued interest (₹273.72 million) to Barbeque Nation MENA Holding Limited, executed in Q4 FY2026.

4. Subsidiary Loan: Granted ₹100 million unsecured loan to Red Apple Kitchen Consultancy Private Limited for capex and business expansion, with ₹14 million disbursed in FY2026. Tenor: 4 years with 12-month moratorium, interest at average bank rate + 0.5% p.a.

Geographical Segmentation

Consolidated Revenue (Q2 2026):

  • India: ₹3,854.68 million (89.8%)
  • Overseas: ₹438.77 million (10.2%)

Auditor Review

Statutory Auditors S.R. Batliboi & Associates LLP issued limited review reports for both standalone and consolidated results, concluding nothing came to their attention causing belief that the statements contain material misstatement.

Additional Information

  • Documents available on company website: www.unitedfoodbrands.in (Investors section)
  • Company operates in single segment: restaurant business
  • Previous period figures have been regrouped/reclassified where necessary