Quick Service Restaurants in India
The Quick Service Restaurant (QSR) sector is growing rapidly in India. Young population, busy lifestyle, growing office culture and weekend outings have changed the eating habits of people. Now, quick food items like burgers, pizza, coffee and wraps are becoming a part of everyday life. QSR chains are directly benefiting from this change, which are rapidly expanding their stores and reaching smaller cities. To see this pace, let us take a look at the performance of four major companies.
Travel Food Services: The Strengths of Airport QSR
Travel Food Services, an airport-focused restaurant and lounge provider, reported sales of Rs 7.3 billion, up 18.4% year-on-year despite a weak travel season. The company has more than 500 outlets and the new contracts at Cochin, Delhi T2 and the upcoming expansion at Noidanavi Mumbai Airport will further accelerate its growth. The company is in a strong position with zero debt and its shares have increased by 21% after listing.
Devyani International: KFCPizza Hut’s growth engine
Devyani International, the largest Indian franchisee of KFC and Pizza Hut, reported 12.6% growth in revenue at Rs 1,377 crore in Q2 FY26. The company opened 30 new KFC and 3 Pizza Hut stores, and also did a test launch of Tealive Café. Footfall was a bit weak due to festivals and rain, but the company is preparing to add about 100 new stores this year.
Jubilant Foodworks: The Delivery Power of Dominos
Dominos-run Juliant FoodWorks posted quarterly revenue of Rs 23.4 billion, up 19.7%. The company opened 93 new outlets and has now reached close to 3,500 stores. Domino’s 9% LFL growth and 15% increase in order volumes are driving it forward. The company is working on a plan to open 900 new Dominos stores in the next three years.
Restaurant Brands Asia: Burger King’s takeover
Burger King India-run Restaurant Brands Asia reported 15.6% rise in revenue at Rs 568 crore in Q2 FY26. However, Indonesia’s business is still under pressure. The company is operating 533 stores in India and plans to reach 580 by the end of the year. The company’s shares have fallen 28% in the last one year.