Now Reading: Impresario targets 18-20% revenue growth, 8-10 new outlets a year
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Impresario targets 18-20% revenue growth, 8-10 new outlets a year
Impresario targets 18-20% revenue growth, 8-10 new outlets a year
Impresario Entertainment and Hospitality, the parent of restaurant brands Social, Smoke House Deli and Mescalita, aims to grow revenue 18 to 20 percent annually by adding 8 to 10 new outlets each year, CFO Chirag Punjabi told ETCFO. The company closed FY26 with revenue of over Rs 800 crore and was EBITDA positive across its network of more than 80 restaurants in 20 cities. Social, with over 55 outlets in nine cities, will lead expansion.
Punjabi said the firm has identified 120 to 130 pin codes where its brands can deliver strong returns, with each outlet targeted to pay back within 24 to 30 months. An initial public offering is on the long-term radar as an exit route for investors, but no active discussions are happening for the next 24 to 30 months as the focus remains on execution. Delivery brands contribute 10 to 15 percent of business, growing at 20 to 25 percent year on year.
Indian Opinion Analysis
Impresario's growth plans come as India's organised dining-out market expands rapidly, driven by younger consumers spending on experiences. The company's payback target of 24 to 30 months per outlet is aggressive but achievable if it maintains its current EBITDA margins. Its focus on pin-code-level site selection rather than broad city expansion is a disciplined approach that limits capital risk. The IPO timeline of 24 to 30 months away means investors will watch quarterly same-store sales and new outlet performance as signals of whether the company can hit its revenue target without diluting profitability.
Source: cfo.economictimes.indiatimes.com
This story was synthesised by AI from the source linked above. Methodology and corrections.
