Indian Accounting Research Analyst, Trudence Capital Advisors

Nitin Mangal

Nitin is founder of Trudence Capital with more than 15 years of experience in Indian equities. He is Pioneer of Corporate Governance and Accounting Research in Indian Market and has successfully developed product for Institutional Investors named as "Analysis Beyond Consensus" during his association with Edelweiss Securities Ltd, Mumbai.  Later during the career, he has worked with Veritas Investment Research Corporation, Canada as Asia Consultant covering Indian and US equities. He has been profiled by leading financial news papers such as Wall Street Journal, Financial Times, Business Standard etc.

Indian Accounting Research Analyst

Burger King India (BKI IN) | Preliminary Channel Checks Confirm Growth Potential

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Trudence Capital Advisors

Trudence Capital Advisors Private Limited is a SEBI-registered Research Analyst, holding SEBI registration number INH000015747. Our firm is dedicated to providing independent and unbiased research on Indian mid to large-cap companies. Trudence Capital is known for its counter-consensus views, with a focus on forensic research and on-ground primary investigations. Our research approach is thorough, involving detailed analysis of accounting practices and governance, alongside extensive channel checks.

Independent & Unbiased Research

Forensic Accounting

Restaurant Brands Asia / Forensic Accounting

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<li>
<a href="https://www.smartkarma.com/entities/burger-king-india-ltd" target="_blank" data-smartkarma-citation="entities:28445:1" rel="noopener">Burger King India (BURGERKI IN)</a> (BKI) has ventured into the QSR industry in India, which is poised to grow a CAGR of 19% to INR 825 bn by F25.</li>
<li>The company has a well-defined restaurant rollout and development process with the aim of growing at a quick pace and leveraging the disruption at the McDonalds franchise in the north.</li>
<li>However looming threats of Omicron can put the company at a risk of getting cash strapped in the near future.</li>
</ul>



Burger King India (BURGERKI IN) (BKI) has ventured into the QSR industry in India, which is poised to grow a CAGR of 19% to INR 825 bn by F25.
The company has a well-defined restaurant rollout and development process with the aim of growing at a quick pace and leveraging the disruption at the McDonalds franchise in the north.
However looming threats of Omicron can put the company at a risk of getting cash strapped in the near future.


Restaurant Brands Asia

Burger King India: Business Review