On this page
Burger Singh hits Rs 120 cr revenue, turns EBITDA-positive; plans 200+ new outlets
Our read
Burger Singh's kiosk-led franchise model proves desi QSR can scale capital-efficiently—study their unit economics before betting on another full-format rollout.
Ask next
The report,
Burger Singh posted FY25 revenue of Rs 119.9 cr, up 51%, with first positive EBITDA of Rs 2.8 cr and sharply reduced net loss. Franchise-led expansion via kiosks plans 200-250 new outlets; valued at Rs 467 cr.
Reported figures
From the report. Source details below
| Operating cash flow | Rs 3.1 cr |
|---|---|
| Total expenses | Rs 123.7 cr |
| Employee costs | Rs 17.8 cr |
| $29.6M raised across | 14 rounds |
Also in the report
- Net loss Rs 3.9 cr (FY25) vs Rs 27.9 cr (FY24)
- Valuation Rs 467 cr (Sep 2025)
Other figures
- FY24 revenue Rs 79.6 cr
- FY21 revenue Rs 14.1 cr
- 3-yr CAGR ~59%
- $9M Series B March 2026
Why it matters for the brand
A 200-outlet expansion runway post Series B positions Burger Singh as either a consolidation platform or an attractive bolt-on for strategics hunting desi-format exposure.
The source
Published
First seen