Barbeque Nation Hospitality Ltd. has acquired a 42.36% stake in Willow Gourmet Pvt Ltd (WGPL) as part of its plan to increase its holding to 51%. The acquisition was partially completed on March 11, 2025, following the company’s earlier announcement on February 3, 2025.
As of March 13, 12:14 PM, Barbeque Nation Hospitality Ltd shares stood at ₹270.30, down ₹4.30 (1.57%) today, showcasing an 8.17% decline over the past month and a 47.78% drop over the past year.
Barbeque Nation had signed a Share Subscription Agreement and Shareholders’ Agreement to acquire a majority stake in Willow Gourmet. The transaction is being executed in phases, with the company currently holding 42.36% of WGPL.
In the quarter ending December 31, 2024, Barbeque Nation reported a net profit of ₹4.53 crore, marking a shift from the losses recorded in the previous 3 quarters. The net profit margin for the quarter was 1.35%.
The company’s quarterly revenue stood at ₹334.41 crore. In the financial year ending March 31, 2024, Barbeque Nation allocated 6.05% of its operating revenue to interest expenses and 22.34% to employee costs.
Following the announcement, shares of Barbeque Nation closed 2.3% lower at ₹275.50 on Wednesday.
Barbeque Nation disclosed the acquisition in an exchange filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that the acquisition is part of its ongoing investment strategy.
With the completion of this phase, Barbeque Nation now holds 42.36% of WGPL and may proceed with further steps to increase its stake to 51%, as per the original agreement.
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Published on: Mar 13, 2025, 2:03 PM IST
Team Angel One
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