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Product | Quantum (Rs. Cr) | Long Term Rating | Short Term Rating |
Non Convertible Debentures (NCD) | 1.25 | Not Applicable | Withdrawn | - |
Total Outstanding | 0.00 | - | - |
Total Withdrawn | 1.25 | - | - |
Rating Rationale |
Acuité has withdrawn its long-term rating on the Rs. 1.25 Cr. Non Convertible Debentures (NCDs) of Beamer Food and Beverages Private Limited (BFBPL). The Non-Convertible Debentures are withdrawn without assigning any rating as it is a proposed facility.
The withdrawal is in accordance with Acuite's policy on withdrawal of ratings as applicable to the respective facility / instrument. The rating is withdrawn on receipt of withdrawal request from the company.
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About the Company |
Established In 2016, Beamer Food and Beverages Private Limited (BFBPL) is engaged in Quick Service Restaurant. Its Registered Office in Bangalore, Karnataka. Beamer Brands Operates All Biggies Burger, Bigguys Wings & More, Original Burger Co. And Biggcafe Restaurants Across India. Current Directors of the Company are Mr. Biraja Prasad Rout, Mr. Abilash Chandrashekar and Mr. Sandeep Satpathy.
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Unsupported Rating |
Not Applicable
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Analytical Approach |
Not Applicable
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Key Rating Drivers |
Strengths |
Not Applicable
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Weaknesses |
Not Applicable
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Rating Sensitivities |
Not Applicable
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Liquidity Position |
Not Applicable
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Outlook |
Not Applicable
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Other Factors affecting Rating |
None
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Particulars | Unit | FY 25 (Provisional) | FY 24 (Actual) |
Operating Income | Rs. Cr. | 66.39 | 38.69 |
PAT | Rs. Cr. | 0.43 | 0.44 |
PAT Margin | (%) | 0.65 | 1.13 |
Total Debt/Tangible Net Worth | Times | 1.32 | 0.40 |
PBDIT/Interest | Times | 2.59 | 4.08 |
Status of non-cooperation with previous CRA (if applicable) |
Not Applicable
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Any other information |
None
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Applicable Criteria |
• Default Recognition :- https://www.acuite.in/view-rating-criteria-52.htm • Service Sector: https://www.acuite.in/view-rating-criteria-50.htm • Application Of Financial Ratios And Adjustments: https://www.acuite.in/view-rating-criteria-53.htm |
Note on complexity levels of the rated instrument |
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Contacts |
About Acuité Ratings & Research |
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