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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| Non Convertible Debentures (NCD) | 1.25 | Not Applicable | Withdrawn | - |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| Total Withdrawn | 1.25 | - | - |
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Rating Rationale |
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Acuité has withdrawn its long-term rating on the Rs. 1.25 Cr.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 The Non-Convertible Debentures are withdrawn without assigning any rating as it is a proposed facility.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 The rating is withdrawn on receipt of withdrawal request from the company.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 |
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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 |
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Not Applicable
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| Analytical Approach |
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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 |
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Not Applicable
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| Liquidity Position |
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Not Applicable
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| Outlook |
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Not Applicable
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| Other Factors affecting Rating |
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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) |
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Not Applicable
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| Any other information |
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None
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| Applicable Criteria |
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• 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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