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Gourmet Gateway India Ltd

GOURMET·BSE
11.63+4.96%Tue, 22 Sept '26

Gourmet Gateway India Ltd

GOURMET
BSE
11.63
+4.96%
|Tue, 22 Sept '26
SOICxStockScans Reports
6M
Price
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Quick Ratios

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Mkt Cap
Market Capitalization
176Cr
Close
Close Price
11.63
Industry
Industry
Hotels - Resorts
PE
Price To Earnings
193.83
PS
Price To Sales
0.88
Revenue
Revenue
201Cr
Rev Gr TTM
Revenue Growth TTM
16.14%
PAT Gr TTM
PAT Growth TTM
200.50%

Quarterly Results

Consolidated
Standalone
Numbers
Percentage
QuarterSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue
RevenueCr
363837384144424547514953
Growth YoY
Revenue Growth YoY%
2,949.659.52.19.814.316.513.019.214.315.116.418.6
Expenses
ExpensesCr
-73132333538383940434244
Operating Profit
Operating ProfitCr
4475566467879
OPM
OPM%
120.417.913.613.614.913.910.114.415.816.115.117.2
Other Income
Other IncomeCr
323101211010
Interest Expense
Interest ExpenseCr
332222222222
Depreciation
DepreciationCr
545555566666
PBT
PBTCr
221-1-1-1-1-10002
Tax
TaxCr
100000000001
PAT
PATCr
111-1-10-1-11001
Growth YoY
PAT Growth YoY%
260.6-61.8-155.8-176.9-109.2-143.448.8177.1100.0158.5275.8
NPM
NPM%
2.53.13.3-3.4-1.7-0.3-1.3-1.51.10.00.62.2
EPS
EPS
0.00.00.1-0.1-0.10.00.00.00.00.00.00.1
QuarterSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue
RevenueCr
363837384144424547514953
Growth YoY
Revenue Growth YoY%
2,949.659.52.19.814.316.513.019.214.315.116.418.6
Expenses
ExpensesCr
-73132333538383940434244
Operating Profit
Operating ProfitCr
4475566467879
OPM
OPM%
120.417.913.613.614.913.910.114.415.816.115.117.2
Other Income
Other IncomeCr
323101211010
Interest Expense
Interest ExpenseCr
332222222222
Depreciation
DepreciationCr
545555566666
PBT
PBTCr
221-1-1-1-1-10002
Tax
TaxCr
100000000001
PAT
PATCr
111-1-10-1-11001
Growth YoY
PAT Growth YoY%
260.6-61.8-155.8-176.9-109.2-143.448.8177.1100.0158.5275.8
NPM
NPM%
2.53.13.3-3.4-1.7-0.3-1.3-1.51.10.00.62.2
EPS
EPS
0.00.00.1-0.1-0.10.00.00.00.00.00.00.1

Profit & Loss

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue
RevenueCr
062146166193201
Growth
Revenue Growth%
136.613.516.216.1
Expenses
ExpensesCr
049122144163169
Operating Profit
Operating ProfitCr
01324223032
OPM
OPM%
21.016.213.115.316.1
Other Income
Other IncomeCr
0512433
Interest Expense
Interest ExpenseCr
0511999
Depreciation
DepreciationCr
0818202324
PBT
PBTCr
058-303
Tax
TaxCr
012-101
PAT
PATCr
036-302
Growth
PAT Growth%
1,755.861.7-146.7106.9200.5
NPM
NPM%
5.63.9-1.60.11.0
EPS
EPS
0.00.20.4-0.20.00.1
Financial YearMar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue
RevenueCr
062146166193201
Growth
Revenue Growth%
136.613.516.216.1
Expenses
ExpensesCr
049122144163169
Operating Profit
Operating ProfitCr
01324223032
OPM
OPM%
21.016.213.115.316.1
Other Income
Other IncomeCr
0512433
Interest Expense
Interest ExpenseCr
0511999
Depreciation
DepreciationCr
0818202324
PBT
PBTCr
058-303
Tax
TaxCr
012-101
PAT
PATCr
036-302
Growth
PAT Growth%
1,755.861.7-146.7106.9200.5
NPM
NPM%
5.63.9-1.60.11.0
EPS
EPS
0.00.20.4-0.20.00.1

Balance Sheet

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
Equity CapitalCr
4131415
Reserves
ReservesCr
17424848
Current Liabilities
Current LiabilitiesCr
61545458
Non Current Liabilities
Non Current LiabilitiesCr
96588364
Total Liabilities
Total LiabilitiesCr
179172203189
Current Assets
Current AssetsCr
28262729
Non Current Assets
Non Current AssetsCr
151146176160
Total Assets
Total AssetsCr
179172203189
Financial YearMar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
Equity CapitalCr
4131415
Reserves
ReservesCr
17424848
Current Liabilities
Current LiabilitiesCr
61545458
Non Current Liabilities
Non Current LiabilitiesCr
96588364
Total Liabilities
Total LiabilitiesCr
179172203189
Current Assets
Current AssetsCr
28262729
Non Current Assets
Non Current AssetsCr
151146176160
Total Assets
Total AssetsCr
179172203189

Cash Flow

Consolidated
Standalone
Financial YearMar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow
Operating Cash FlowCr
12222830
Investing Cash Flow
Investing Cash FlowCr
-21-5-12-7
Financing Cash Flow
Financing Cash FlowCr
5-17-16-23
Net Cash Flow
Net Cash FlowCr
-411-1
Free Cash Flow
Free Cash FlowCr
4141722
CFO To PAT
CFO To PAT%
336.4392.1-1,078.016,510.6
CFO To EBITDA
CFO To EBITDA%
90.393.2130.1100.5
Financial YearMar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow
Operating Cash FlowCr
12222830
Investing Cash Flow
Investing Cash FlowCr
-21-5-12-7
Financing Cash Flow
Financing Cash FlowCr
5-17-16-23
Net Cash Flow
Net Cash FlowCr
-411-1
Free Cash Flow
Free Cash FlowCr
4141722
CFO To PAT
CFO To PAT%
336.4392.1-1,078.016,510.6
CFO To EBITDA
CFO To EBITDA%
90.393.2130.1100.5

Ratios

Consolidated
Standalone
Financial YearMar 2022Mar 2023Mar 2024Mar 2025Mar 2026Current
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
58583171104176
Price To Earnings
Price To Earnings
17.7120.6193.8
Price To Sales
Price To Sales
0.94.01.00.50.9
Price To Book
Price To Book
2.710.42.81.72.8
EV To EBITDA
EV To EBITDA
13.427.712.03.77.5
Profitability Ratios
Profitability Ratios
GPM
GPM%
62.355.753.5
OPM
OPM%
21.016.213.115.316.1
NPM
NPM%
5.63.9-1.60.11.0
ROCE
ROCE%
6.913.63.612.812.8
ROE
ROE%
16.310.1-4.20.30.3
ROA
ROA%
1.93.3-1.30.10.1
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
Financial YearMar 2022Mar 2023Mar 2024Mar 2025Mar 2026Current
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
58583171104176
Price To Earnings
Price To Earnings
17.7120.6193.8
Price To Sales
Price To Sales
0.94.01.00.50.9
Price To Book
Price To Book
2.710.42.81.72.8
EV To EBITDA
EV To EBITDA
13.427.712.03.77.5
Profitability Ratios
Profitability Ratios
GPM
GPM%
62.355.753.5
OPM
OPM%
21.016.213.115.316.1
NPM
NPM%
5.63.9-1.60.11.0
ROCE
ROCE%
6.913.63.612.812.8
ROE
ROE%
16.310.1-4.20.30.3
ROA
ROA%
1.93.3-1.30.10.1
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
Gourmet Gateway India is a restaurant company built on a single, repeatable idea: buy or build food brands, then run them through a shared central kitchen, delivery network and technology backbone. It began as a financial consultancy called Intellivate Capital Ventures, but in late 2021 a new promoter group with deep coffee-industry experience took control, changed the company’s name in May 2024, and pivoted it entirely into food and beverage by acquiring a chain of cafes and casual-dining brands. That approach - acquire operating businesses, drop what does not fit, and layer them onto a common operating platform - explains everything the company does today. # Business segments Two engines at different stages - a scaled coffee-house network that is the group’s operational core, and a set of younger Asian and dessert brands that ride the same commissary and technology rails. ## 1. Barista Coffee: the pioneer that anchors the network **Barista is India’s original coffee-culture brand, operating inside a group that provides its own supply chain, delivery fleet and central support - so the café team can focus on the experience.** - **Own commissary, not outsourced** - the company runs its own central kitchen and delivery network, which means Barista outlets get consistent supplies without relying on third-party logistics. - **Technology built in-house** - the group’s proprietary technology stack supports store operations across the network, giving Barista a digital backbone that is not rented from a software vendor. - **Central support, local execution** - a Restaurant Support Centre handles the back-office work for all stores, so individual Barista outlets receive standardised operational help without duplicating corporate functions. - **Safety as a system, not an afterthought** - food is tested periodically, staff are trained regularly on quality norms, and customer complaints about food are actively monitored, creating a safety net that works across every Barista location. ## 2. Wanchai, Kylin and Drizzle & Dust: younger brands on shared rails **Three distinct dining concepts - quick-service Asian, full-service Asian and desserts - that are plugged into the same commissary, delivery fleet and technology platform that powers Barista.** - **Wanchai is speed-first Asian food** - it operates as a Quick Service Restaurant (QSR) format, capturing customers who want pan-Asian flavours served fast. - **Kylin is the sit-down Asian experience** - it focuses on authentic and innovative dishes from across Asia, targeting diners who want a fuller restaurant experience rather than a quick meal. - **Drizzle & Dust turns desserts into a standalone draw** - it is a dedicated dessert brand, so the company can attract customers whose purchase decision starts with a sweet craving rather than a meal. - **No separate back-end for any of them** - all three brands are supported by the group’s commissary and delivery network, its in-house technology stack, and the same Restaurant Support Centre that serves Barista, so they launch with infrastructure already in place. # Group structure and partners **The operating brands sit inside a subsidiary chain that the listed company controls, with the original coffee-business leadership embedded at the top.** - **Boutonniere Hospitality is the holding vehicle** - the company owns roughly 96% of Boutonniere Hospitality Private Limited, which is a subsidiary company, while Barista Coffee Company Limited and Welgrow Hotels Concepts Private Limited are direct subsidiaries of the Group/Holding Company. - **The promoters came from coffee** - after acquiring control in 2021, the new promoter group brought in the Managing Director of Barista Coffee Company to the board, so the group’s governance is wired directly into the brand that generates its scale. - **A dine-in detour was sold off quickly** - the company briefly owned a specialty dine-in business called NIR Advisors, but sold it in February 2023 to a promoter to concentrate exclusively on the café, casual-diner and bakery-café formats that fit its QSR model. - **An attempted acquisition was walked away from** - in 2024 the company agreed to buy Partitoe Ventures, another food-and-beverage business, but terminated the deal by mutual consent because it did not fit the larger strategy, showing a willingness to kill deals that do not reinforce the core platform.

Documents — Gourmet Gateway India Ltd

  • Q1 FY2027 Quarterly Result (Jun 2026, PDF): https://www.stockscans.in/document/75z6ej4b73m55kelm9d8c4ut.pdf
  • Q4 FY2026 Quarterly Result (Mar 2026, PDF): https://www.stockscans.in/document/nd4embzztc009vnbso76auoy.pdf
  • Q3 FY2026 Quarterly Result (Dec 2025, PDF): https://www.stockscans.in/document/ofnp4dxupu7i6ym1auniyqfg.pdf
  • Q2 FY2026 Quarterly Result (Sep 2025, PDF): https://www.stockscans.in/document/o2o5pjt4nlsc42byklp4kbb3.pdf
  • Q1 FY2026 Quarterly Result (Jun 2025, PDF): https://www.stockscans.in/document/jlvmhyopk0o3r5fo8ugy4cgv.pdf
  • Q4 FY2025 Quarterly Result (Mar 2025, PDF): https://www.stockscans.in/document/5yegtrd7sna0decwz4xm0o25.pdf
  • Q3 FY2025 Quarterly Result (Dec 2024, PDF): https://www.stockscans.in/document/75tkt7xu441krshwqvc2b34h.pdf
  • Q2 FY2025 Quarterly Result (Sep 2024, PDF): https://www.stockscans.in/document/8ikam46dvrxqzphente5tosa.pdf
  • FY2026 Annual Report (PDF): https://www.stockscans.in/document/49yht3azau4ksvzc6nptc3qr.pdf
  • FY2025 Annual Report (PDF): https://www.stockscans.in/document/7cmpkap9lawrpykjgvcpnic9.pdf
  • FY2024 Annual Report (PDF): https://www.stockscans.in/document/xo23l82v3wmtbf18qqkrcbzq.pdf
  • FY2023 Annual Report (PDF): https://www.stockscans.in/document/pate05ncpqmayq11y5zdsrou.pdf
  • FY2022 Annual Report (PDF): https://www.stockscans.in/document/1noathu2i0ph74xp3sg0m0g5.pdf
  • FY2021 Annual Report (PDF): https://www.stockscans.in/document/ebg89ic022bkiyj8tce64m51.pdf
  • FY2020 Annual Report (PDF): https://www.stockscans.in/document/z3mzytdex7kewtw1yb6ndcle.pdf