About Restaurant Brands Asia Limited

Restaurant Brands Asia Limited (formerly Burger King India Limited) was incorporated in 2013 and serves as the Exclusive Master Franchisee of the BURGER KING brand in India. Through its subsidiaries, it also operates the BURGER KING and POPEYES brands in Indonesia. The company launched operations in India in November 2014 with its first 10 outlets and has since grown at one of the fastest trajectories in the Indian quick service restaurant (QSR) space. By December 2024, it achieved a significant milestone by crossing 500 restaurants in India within just a decade of operations.

The company’s offerings include burgers, fries, beverages, and other sides anchored by its value-for-money positioning. Additionally, it has expanded into beverages and snacking through its BK Café vertical, aimed at capturing breakfast and evening dayparts. A strong digital-first focus underpins its customer experience, with widespread adoption of kiosks, QR-based ordering, and a robust delivery ecosystem.

Operations are present in both India and Indonesia, with two subsidiaries based in Indonesia. The group has no subsidiaries incorporated in India. Its key strengths include exclusive brand rights across India and Indonesia, flexibility in localising the menu to suit consumer preferences, and a royalty structure capped at 5%, giving the business a long-term strategic advantage.

Restaurant Brands Asia Limited’s Business Segments

• Revenue Mix by Geography (FY 2025): India contributed approximately 77% of consolidated revenue, while Indonesia contributed around 23%.

Restaurant Brands Asia Limited’s Key Management

• Mr. Rajeev Varman – Whole-time Director and Group Chief Executive Officer

• Mr. Sumit Zaveri – Group Chief Financial Officer and Chief Business Officer

• Ms. Shweta Mayekar – Company Secretary and Compliance Officer

Latest Updates on Restaurant Brands Asia Limited

• Expansion Milestone: Surpassed 500 restaurants in India by December 2024, underscoring its rapid growth in the QSR industry.

• Digital Acceleration: Out of 513 restaurants, 466 are equipped with self-ordering kiosks. In these stores, over 90% of sales come through digital channels such as kiosks, QR ordering, and the mobile app. Delivery margins improved by more than 1%, and app downloads rose 28% year-on-year.

• BK Café Growth: Added 113 BK Café outlets during FY 2025, taking the total to 464. This helped strengthen customer engagement across breakfast and evening occasions.

• Menu Innovation: Introduced snacking and chicken-based products such as the BK Pizza Puff to enhance dine-in traffic and broaden menu appeal.

• Indonesia Strategy: Focused on menu innovation, cost optimisation, and sales improvement. Closed underperforming outlets to rationalise the portfolio, ending with 143 Burger King and 25 Popeyes stores. Dine-in same-store sales growth turned positive in Q4 FY 2025, with average daily sales showing steady improvement from November to March.

• Fundraising: Raised Rs 500 crore in March 2025 through a Qualified Institutions Placement to reduce debt, fund new restaurant expansion in India, and meet general corporate purposes. The funds remained unutilised as of March 31, 2025, since they were raised at the end of the fiscal year.

• Recognitions: Awarded Franchisee of the Year (2025) and Operator of the Year (2025) for its India operations.