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SFP RESEARCH

29th Mar · SEBI-Registered Analyst

Jubilant FoodWorks (already covered) – next: Burger King India (Restaurant Brands Asia Ltd.)

$RBA runs Burger King in India and Indonesia. It plays in value QSR with aggressive store expansion plans. Scale‑up and improving store‑level economics are critical for profitability. Risks include intense burger/QSR competition, high royalty/rent, and food‑inflation impact on margins.

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