143.90 -0.90 (-0.62%)

32.69% Fall from 52W High

4.7M Volume

NSEJan 15, 2021 03:31 PM



Burger King India Ltd.    
28 Dec 2020
143.90
-0.62%
buy
Khambatta Securities
Burger King India Limited (BKIL) has exclusive pan-India master franchisee rights to open and operate BURGER KING restaurants in the country. It is one of the fastest-growing QSR chains in India, reaching 200 outlets in its first 5 years of operations. An increase in the number of dual-earner families, changing lifestyle, rising consumerism and higher internet penetration will drive eating out...
Burger King India Ltd. has lost -13.73% in the last 1 Week
Burger King India Ltd.    
28 Dec 2020
143.90
-0.62%
buy
Khambatta Securities
Burger King India Limited (BKIL) has exclusive pan-India master franchisee rights to open and operate BURGER KING restaurants in the country. It is one of the fastest-growing QSR chains in India, reaching 200 outlets in its first 5 years of operations. An increase in the number of dual-earner families, changing lifestyle, rising consumerism and higher internet penetration will drive eating out...
Burger King India Ltd. has lost -13.73% in the last 1 Week
Burger King India Ltd.    
17 Dec 2020
143.90
-0.62%
buy
Burger King India Ltd. has an average target of 219.50 from 9 brokers.
Burger King India Ltd.    
02 Dec 2020
143.90
-0.62%
Burger King India Ltd. has an average target of 219.50 from 9 brokers.
Burger King India Ltd.    
02 Dec 2020
143.90
-0.62%
Ashika Research
Equity Shares* (Rs. 450 cr.) and Offer for Sale of 60,000,000 Equity Shares (Rs. 360 cr.*) by Selling Shareholder QSR Asia Pte. Ltd.)....
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Khambatta Securities released a Buy report for Burger King India Ltd. with a price target of 227.0 on 28 Dec, 2020.
Burger King India Ltd.    
01 Dec 2020
143.90
-0.62%
HDFC Securities
Burger King India Limited - IPO Note Issue Open: Dec 02 Dec 04, 2020 Price Band: Rs. 59 60 *Issue Size: 135,000,000 eq shares (Fresh Issue of 75,000,000eq sh + Offer for sale of 60,000,000 eq sh) Issue Size: Rs. 796.5 810.0 cr Reservation for: QIB atleast 75% eq sh Non Institutional Upto 15% eq sh Retail Upto 10% eq sh Face Value: Rs 10 Book value: Rs 7.62 (September 30, 2020) Bid size: - 250 equity shares and in multiples thereof 100% Book built Issue
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Burger King India Ltd. has lost -13.73% in the last 1 Week
Burger King India Ltd.    
01 Dec 2020
143.90
-0.62%
Nirmal Bang Institutional
Burger King India Ltd IPO Analyst Meet Takeaways We recently attended the virtual Brokers/Analyst meet for Burger King India Ltd. (BKIL) forthcoming initial public offering (IPO). The management was represented by Mr. Raj Varman (CEO & WTD), Mr. Sumit Zaveri (CFO) and Mr. Prashant Desai (Head of Strategy & IR), who spoke about the journey of Burger King in India till date and shared details about the IPO. Following are the key takeaways: Background, the business and the IPO: Burger King brand, also known as the HOME OF THE WHOPPER, was founded in 1954 in the United States and is owned by Burger King Corporation, a subsidiary of Restaurant Brands International Inc. The Burger King brand is the second largest fast-food burger brand globally as measured...
Khambatta Securities released a Buy report for Burger King India Ltd. with a price target of 227.0 on 28 Dec, 2020.
Burger King India Ltd.    
01 Dec 2020
143.90
-0.62%
Nirmal Bang
Valuation and Recommendation: Although late entrant in the industry, Burger King store growth has been 44% over FY17-20 and has reached 261 as on Sep 20. With this, sales for the company have grown at a CAGR of 55% over FY17-20 and has reached revenue of Rs 841 cr .Going ahead, the Company is targeting to open at least 700 restaurants by 2026. We feel higher store expansion will help the company to grab the rising opportunity arising from the industry. FY20, EBITDA margins stood at 12.3% very much near to Westlife EBITDA margin of 13.8%. Cash flow from operations stood at Rs112.7cr at 108% of EBITDA in FY20 indicating negative working capital requirement for the company. However higher addition of stores is leading to higher capex, with this company reported negative FCFF in FY20.At the given upper price band of issue of Rs 60, Burger King is offered at EV/ sales of 2.9x FY20 which is much attractive as compared to peer. We recommend subscribing to the issue.
Burger King India Ltd. has lost -13.73% in the last 1 Week
Burger King India Ltd.    
01 Dec 2020
143.90
-0.62%
ICICI Securities Limited
Burger King India (BKI) is a fast growing international QSR chain in India. It started its operations in 2014 and within five years established 261 restaurants across major cities. The company has exclusive rights to develop, establish, operate and franchise Burger King branded restaurants in India as a master franchisee. BKI grew at a faster pace in the last five years by mainly leveraging the disruption at McDonalds franchise in North India. The company has a well defined restaurant rollout plan to open 700 restaurants across geographies by 2026. The proceeds from the IPO would...
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Burger King India Ltd. is trading above all available SMAs
Burger King India Ltd.    
30 Nov 2020
143.90
-0.62%
Prabhudas Lilladhar
We recommend subscribe to Burger King India Ltd (BKIL) IPO given the brand success with 260 stores in just 5 years and huge runaway for growth with a target of 700 stores by 2026. We believe Burger king has competitive advantages which make it well placed to capitalize on emerging opportunity with 1) exclusive pan India master franchise of Burger King, second largest Burger brand globally 2) flexibility in tailoring menu to Indian tastes and preferences as well as promotions and pricing offers 3) fixed royalty at 5% 4) cluster based approach with faster scalability and operating leverage 5) high...
Burger King India Ltd. is trading above all available SMAs