United Foodbrands overseas revenue growth outpaces India

United Foodbrands Limited reported overseas revenue of Rs 43.877 crore for the quarter ended September 30, 2026, up 59% year on year from Rs 27.602 crore. India revenue increased 39% to Rs 385.468 crore, making overseas the faster-growing geography and raising its share of revenue from operations to 10.22% from 9.06%.

How fast did United Foodbrands' overseas revenue grow?

United Foodbrands' overseas revenue grew 58.96% year on year in the quarter ended September 30, 2026, reaching Rs 43.877 crore from Rs 27.602 crore in the quarter ended September 30, 2025. The increase of Rs 16.275 crore exceeded the percentage growth recorded in India, while consolidated revenue from operations rose 40.88% to Rs 429.345 crore.

The September-quarter overseas figure was also higher than Rs 38.542 crore reported in the quarter ended June 30, 2026. That sequential increase of Rs 5.335 crore, or 13.84%, came while consolidated revenue from operations increased by Rs 3.446 crore from Rs 425.899 crore.

The filing describes the group as operating in one segment, the restaurant business, and supplies the geographic split between India and Others (Overseas). It does not identify individual countries, brands or restaurant formats that produced the Rs 43.877 crore of overseas revenue in the September 2026 quarter.

How did United Foodbrands' India and overseas revenue compare?

India remained United Foodbrands' larger geography, generating Rs 385.468 crore in the September 2026 quarter against Rs 43.877 crore from overseas markets. India represented 89.78% of the Rs 429.345 crore revenue from operations, but its 39.08% year-on-year growth was 19.88 percentage points below overseas growth of 58.96%.

The sequential movement differed across the two geographic categories. India revenue declined by Rs 1.889 crore from Rs 387.357 crore in the June 2026 quarter, while overseas revenue increased by Rs 5.335 crore from Rs 38.542 crore. The combined effect was a Rs 3.446 crore increase in group revenue from operations between the two quarters.

United Foodbrands reported total income of Rs 433.864 crore in the September 2026 quarter, including other income of Rs 4.519 crore. Geographic revenue figures relate to revenue from operations rather than total income, so the India and overseas shares are calculated against the Rs 429.345 crore operating-revenue figure.

What changed in United Foodbrands' revenue mix?

United Foodbrands' overseas revenue share increased to 10.22% in the September 2026 quarter from 9.06% a year earlier. The 1.16-percentage-point change followed overseas revenue rising by Rs 16.275 crore, compared with a Rs 108.313 crore rise in India revenue from Rs 277.155 crore.

The overseas share also increased sequentially from 9.05% in the June 2026 quarter to 10.22% in the September 2026 quarter. This reflected overseas revenue growth to Rs 43.877 crore alongside the decline in India revenue to Rs 385.468 crore from Rs 387.357 crore.

For the year ended March 31, 2026, overseas revenue was Rs 124.712 crore, equal to 9.31% of revenue from operations of Rs 1,338.702 crore. India contributed Rs 1,213.990 crore in that year, meaning the September 2026 quarterly overseas share was above the full-year proportion; the filing discloses no target for the geographic mix.

What does the six-month trend show for United Foodbrands' overseas business?

United Foodbrands recorded Rs 82.419 crore of overseas revenue in the six months ended September 30, 2026, up 52.93% from Rs 53.893 crore in the corresponding six months of 2025. India revenue rose 41.99% to Rs 772.825 crore from Rs 547.845 crore, again leaving overseas as the faster-growing geographic category.

Overseas markets supplied 9.64% of the Rs 855.244 crore revenue from operations in the six-month period, compared with 8.96% of Rs 601.738 crore a year earlier. The 0.68-percentage-point half-year shift was smaller than the September-quarter year-on-year change, reflecting overseas revenue of Rs 38.542 crore in the June 2026 quarter.

The group reported a loss after tax of Rs 6.438 crore for the September 2026 quarter, compared with a loss after tax of Rs 22.502 crore a year earlier. Earnings before interest, tax, depreciation and amortisation, or EBITDA, increased to Rs 64.477 crore from Rs 45.816 crore, but the filing does not allocate earnings, expenses or margins between India and overseas.

Which overseas operations does United Foodbrands disclose?

United Foodbrands listed subsidiaries connected with the Middle East, Malaysia, Sri Lanka and Thailand as at September 30, 2026. These included Barbeque Nation Mena Holding Limited, Barbeque Nation Restaurants LLC, Barbeque Nation (Malaysia) SDN. BHD., Barbeque Nation Lanka (Pvt) Ltd, United Foodbrands Thai Holding Co., Ltd. and United Foodbrands Thai Co., Ltd.

A Qatar entity, Barbeque Nation Restaurant W.L.L., was incorporated in Doha on February 24, 2026 through Dubai-domiciled Barbeque Nation Mena Holding Limited. The filing states that the entity's operations had not yet commenced as at September 30, 2026, and gives no opening date, outlet count, investment amount or expected revenue contribution.

Barbeque Nation Mena Holding Limited also purchased shares in the two Thai entities on December 16, 2025, after which they became step-down subsidiaries of United Foodbrands. The geographic disclosure aggregates their results within Others (Overseas), so the filing does not quantify Thailand's revenue contribution to the Rs 43.877 crore reported for the September 2026 quarter.

Conclusion

United Foodbrands' September 2026 geographic disclosure shows overseas revenue rising faster than domestic revenue, with a 58.96% increase to Rs 43.877 crore versus India's 39.08% increase to Rs 385.468 crore. The difference lifted overseas markets to 10.22% of revenue from operations, although India continued to account for nearly nine-tenths of the Rs 429.345 crore quarterly total.

The next disclosures to watch are subsequent geographic revenue splits and progress at Barbeque Nation Restaurant W.L.L. in Qatar, whose operations had not commenced at September 30, 2026. The filing also leaves unresolved the revenue and earnings contribution of the Thai acquisition and individual overseas subsidiaries because all non-India revenue is reported in one aggregate category.