Travel Food Services Ltd.

Financial

	Travel Food Services	Jubilant FoodWorks	Devyani Internatl.
Operational Metrics
Retail
Same Store Sales Growth	4.55 %	n/a	n/a
Number of Stores	454.0 .	n/a	n/a
No of Stores - India	413.0 .	n/a	n/a
Financials
5 yr Average ROE	18.7 %	16.72 %	1.38 %
5yr average Equity Multiplier	1.87	3.58	6.05
5yr Average Asset Turnover Ratio	0.65	0.76	0.87
5yr Avg Net Profit Margin	6.2 %	6.61 %	2.6 %
Price to Book	13.94	19.82	17.48
P/E	40.44	168.95	0.0
5yr Avg Cash Conversion Cycle	-352.88 Days	-104.49 Days	-83.11 Days
Inventory Days	5.93 Days	14.79 Days	14.25 Days
Days Receivable	22.84 Days	13.34 Days	3.46 Days
Days Payable	309.93 Days	184.85 Days	114.74 Days
5yr Average Interest Coverage Ratio	4.53	2.96	1.42
5yr Avg ROCE	21.3 %	12.38 %	9.25 %
5yr Avg Operating Profit Margin	19.32 %	22.08 %	18.6 %
5 yr average Debt to Equity	0.05	0.31	1.21
5yr CAGR Net Profit	n/a	-1.87 %	n/a
5yr Average Return on Assets	9.52 %	4.96 %	2.81 %
Shareholdings
Promoter Holding	86.19 %	40.27 %	62.62 %
Share Pledged by Promoters	0.0	5.19 %	0.0
Change in Promoter Holding (3 Yrs)	-13.81 %	-1.67 %	-0.18 %
Change in Mutual Fund Holding (3 Yrs)	2.96 %	14.16 %	11.32 %

Business

	Travel Food Services	Jubilant FoodWorks	Devyani Internatl.
Product Wise Break-Up	Product Wise Break-Up Travel QSR 51.68 Lounge services 44.93 Management and other services 3.38 Dips 0 Dessert 0 Beverages 0 Pizza 0 Food & Beverages 0 Others 0.01	Product Wise Break-Up Pizza 72.0 Travel QSR 0 Lounge services 0 Food & Beverages 0 Dips 0 Beverages 0 Management and other services 0 Dessert 0 Others 28.0	Product Wise Break-Up Pizza 0 Travel QSR 0 Lounge services 0 Food & Beverages 100.0 Dips 0 Beverages 0 Management and other services 0 Dessert 0
Location Wise Break-Up	Location Wise Break-Up India 99.62 Outside India 0.38 Rest of the World 0 Thailand 0 Nepal 0 Nigeria 0	Location Wise Break-Up Nepal 0 India 94.35 Thailand 0 Rest of the World 5.65 Nigeria 0 Outside India 0	Location Wise Break-Up Nepal 0 India 67.01 Thailand 30.06 Rest of the World 0 Nigeria 0 Outside India 0 Others 2.93
Brand Wise Break-Up	Brand Wise Break-Up Partner brands 54.37 In-house brands 45.63 Costa Coffee 0 Pizza Hut 0 KFC 0	-	Brand Wise Break-Up Pizza Hut 23.75 Costa Coffee 7.08 KFC 69.17 Partner brands 0 In-house brands 0