Tuesday, August 5, 2025

Barbeque Nation posts wider Q1 loss; liquidity, leverage under pressure

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Indian casual dining chain Barbeque Nation Hospitality Ltd on Thursday reported a wider quarterly loss for the three months ended June 30, weighed down by lower revenue and rising financial stress.The company posted a net loss of ₹16.4 crore for the first quarter of FY26, compared with a loss of ₹4.8 crore a year earlier.
Revenue declined 2.8% year-on-year to ₹296.9 crore from ₹305.6 crore.
EBITDA remained flat at ₹110 crore, while the EBITDA margin improved slightly to 37.3% from 36% in the same quarter last year.The company’s Operating Profit to Interest ratio dropped to 2.30 times, its lowest in five quarters, indicating growing difficulty in meeting interest obligations.

Its liquidity position weakened, with Cash and Cash Equivalents falling to ₹17.11 crore — the lowest level in six half-yearly periods.

Additionally, the Debt-to-Equity Ratio rose to 2.09 times, the highest in five half-yearly periods, reflecting an increased reliance on borrowings to sustain operations.

Shares of Barbeque Nation closed 4.5% lower at ₹284.75 ahead of the earnings announcement.

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