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Speciality Restaurants Ltd. (SPECIALITY) AI Stock Analysis

IN:SPECIALITY

Speciality Restaurants Ltd.

(NSE:SPECIALITY)

Select Model
Rating:71Outperform
Price Target:INR 153.00â–²(10.19% Upside)
Action:upgraded
Date:09/23/26

The overall score is driven mainly by a de-risked, cash-generative financial profile and strong price momentum, while weaker recent profitability and a relatively demanding valuation temper the upside.

Positive Factors
Cash GenerationOperating cash flow reached ~860m in FY2026 and free cash flow stayed positive across all reported years. This recurring internal cash generation supports reinvestment, debt service and resilience, while cash flow near earnings strengthens confidence in reported profits.
Negative Factors
Margin VolatilityGross margin fell from ~50% in FY2023 to ~38% in FY2026, while net margin normalized to ~4–5% after an unusually strong FY2023. This volatility makes earnings less predictable and may constrain durable returns if margins do not stabilize.

Speciality Restaurants Ltd. (SPECIALITY) vs. iShares MSCI India ETF (INDA)

-40%-30%-20%-10%0%10%20%IN:SPECIALITY+2.08%INDA-12.02%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
INR 6.52B
Dividend Yield
1.46%
Average Volume (3M)
3,460
Price to Earnings (P/E)
27.8
Beta (1Y)
0.94
Revenue Growth
13.59%
EPS Growth
19.55%
Country
India
Employees
2,648
Sector
General
Sector Strength
55
Industry
Restaurants

Speciality Restaurants Ltd. Business Overview & Revenue Model

Company Description

Speciality Restaurants Limited is an Indian entity that owns and operates a wide array of dining venues and sweet shops throughout the country. Its extensive restaurant portfolio features well-known brands such as Mainland China, Oh! Calcutta, and As...

How the Company Makes Money

Speciality Restaurants Ltd. primarily makes money by selling food and beverages through its restaurant operations. Its core revenue stream is customer spending at company-operated outlets (dine-in), where revenue is recognized from menu items (meals,...

Speciality Restaurants Ltd. Financial Statement Overview

Summary

Score reflects solid revenue growth, improved leverage, and strong cash generation, offset by recent margin compression and only modest returns on equity.

Income Statement

63Positive

Balance Sheet

71Positive

Cash Flow

76Positive
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue4.95B4.76B4.36B4.05B3.75B2.53B
Gross Profit2.18B1.79B1.90B1.76B1.88B1.35B
EBITDA985.27M831.09M725.98M908.17M1.09B560.19M
Net Income234.28M218.23M217.20M293.92M967.90M81.61M
Balance Sheet
Total Assets05.58B5.39B5.06B4.74B3.37B
Cash, Cash Equivalents and Short-Term Investments1.79B1.79B1.78B1.81B1.71B993.91M
Total Debt01.40B1.54B1.39B1.42B1.39B
Total Liabilities-3.59B1.99B2.05B1.91B1.97B1.92B
Stockholders Equity3.59B3.46B3.27B3.07B2.77B1.45B
Cash Flow
Free Cash Flow182.20M373.45M363.40M349.90M703.30M514.52M
Operating Cash Flow324.89M860.16M741.90M630.90M803.30M539.65M
Investing Cash Flow-34.09M-348.46M-281.30M-204.67M-706.80M-335.89M
Financing Cash Flow-294.35M-554.13M-494.90M-419.99M-50.20M-258.15M

Speciality Restaurants Ltd. Technical Analysis

Technical Analysis SentimentPositive
Last Price138.85

Price Trends

50DMA143.30Negative
100DMA136.12Positive
200DMA119.38Positive

Market Momentum

MACD-2.64Positive
RSI46.45Neutral
STOCH48.43Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SPECIALITY, the sentiment is Positive. The current price of 138.85 is below the 20-day moving average (MA) of 143.60, below the 50-day MA of 143.30, and above the 200-day MA of 119.38, indicating a neutral trend. The MACD of -2.64 indicates Positive momentum. The RSI at 46.45 is Neutral, neither overbought nor oversold. The STOCH value of 48.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:SPECIALITY.

Speciality Restaurants Ltd. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

IN:SPECIALITY against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
IN:SPECIALITYIN:SPECIALITY71OutperformINR 6.70B27.81―1.46%13.59%19.55%
IN:COFFEEDAYIN:COFFEEDAY65NeutralINR 6.11B3.47――4.53%―
IN:SAPPHIREIN:SAPPHIRE63NeutralINR 63.89B-1358.70――13.32%-534.03%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
IN:WESTLIFEIN:WESTLIFE54NeutralINR 92.66B4811.99―0.07%9.87%-94.82%
IN:JUBLFOODIN:JUBLFOOD53NeutralINR 276.67B63.73―0.29%16.26%75.87%
IN:DEVYANIIN:DEVYANI44NeutralINR 148.63B-536.78――14.72%-133.37%

* General Sector Average

Performance Comparison

-40%-20%0%IN:SPECIALITYIN:COFFEEDAYIN:DEVYANIIN:JUBLFOODIN:SAPPHIREIN:WESTLIFEDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
IN:SPECIALITY and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
IN:SPECIALITYSpeciality Restaurants Ltd.138.851.641.20%
IN:COFFEEDAYCoffee Day Enterprises Ltd28.94-12.52-30.20%
IN:DEVYANIDevyani International Ltd.120.55-40.60-25.19%
IN:JUBLFOODJubilant Foodworks Limited419.30-179.55-29.98%
IN:SAPPHIRESapphire Foods India Ltd.198.80-87.75-30.62%
IN:WESTLIFEWestlife Foodworld Limited594.208.961.53%

Speciality Restaurants Ltd. Corporate Events

Speciality Restaurants Says It Is Not an Accused in Enforcement Probe, Sees No Operational Impact

Sep 28, 2026

Speciality Restaurants Ltd. has clarified that it is not named as an accused in an ongoing enforcement investigation linked to a provisional attachment order, and no complaint has been filed against the company. It is only a noticee as holder of fund...

Speciality Restaurants Conducts 27th AGM via Virtual Platform in Line with SEBI Norms

Sep 11, 2026

Speciality Restaurants Limited held its 27th Annual General Meeting on September 11, 2026 via video conferencing and other audio-visual means, complying with provisions of the Companies Act and SEBI listing regulations. The meeting ran from 4:00 p.m....

Speciality Restaurants Reports Electronic Voting Results for 27th AGM

Sep 11, 2026

Speciality Restaurants Limited has reported to the BSE and National Stock Exchange the voting outcomes of its 27th Annual General Meeting held on September 11, 2026. The meeting, convened via video conferencing in line with regulatory guidance, drew...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Sep 23, 2026