Is Burger King good
Indian QSR market is expected a CAGR of around 25% over period 2020u20132025, mainly driven by increasing urbanization and rising income levels.
Berger King is fastest expanding chain in QSR segment.
Considering dearth of option in QSR space in India, with Jupiter FoodWorks and Westlife Development only suitable but costly options.
It represents a good opportunity in long term and can see significant valuation expansion once it PAT turns positive in post-pandemic turnaround.