This Small Cap Fine Dining Operator Has Clocked 200% Gains In 1-Year: Check Details

While the hospitality industry has suffered a huge blow amid the pandemic, this hotel company operating casual dining restaurants such as Mainland China, Oh! Calcutta among others yielded multibagger returns of 200% returns in 1 year.

Quarter ended December performance

The company's total revenue from operations came in at Rs. 88.99 crore while profit also for the review period came in at Rs. 14.93 crore. This in the year ago quarter has been in the negative at -Rs. 3.64 crore.

How Speciality Restaurants withstood Covid led setback?

In the words of the company's chairman and MD, the company managed a turnaround as the company had put its focus on deliveries, cloud kitchen as well as non-performing outlets. "We launched our existing brands on cloud kitchens, opened kitchen-in-kitchen, shut underperforming stores, downsized staff. So it is a combination of things that worked for us," Chatterjee told a leading online business company.

Amid the corona threat when online deliveries gained more prominence, the company introduced clouds on kitchen, leveraging the standing of some of its brands including Mainland China and Oh! Calcutta.

Speciality Restaurant’s price trajectory

This stock just a year back was priced at Rs 44.75 per share and now on February 16, 2022 closed at Rs. 137.05 apiece on the NSE, clocking 201% gains.

Also the stock on a YTD basis has gained 54%, while 1 month gains have been at 37.14%.

About Speciality Restaurants

This is a small cap hotel entity with 69 restaurants and 13 confectionaries and has in its umbrella some of the well recognized brands in the Indian restaurant industry. The companys major brands include Mainland China,Oh! Calcutta,Sigree,Machaan,Sweet Bengal,Flame & Grill,Kibbbeh and Hakka.

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