Spice Lounge Food Works reported improved Q3 FY26 revenue and steady profit growth driven by its food and restaurant business. The company continues its transformation after rebranding from Shalimar Agencies Limited.
Author: Aditya Pareek | EQMint
Restaurant and food services company Spice Lounge Food Works Limited has released its Spice Lounge Food Works Q3 results for the quarter and nine months ended 31 December 2025.
The results were approved in the Board meeting held on 14 February 2026 and submitted to BSE, Metropolitan Stock Exchange, and Calcutta Stock Exchange in compliance with SEBI regulations 1.
This marks another important milestone in the company’s transformation journey after its name change from Shalimar Agencies Limited to Spice Lounge Food Works Limited.
Standalone Performance Snapshot
Q3 FY26 Standalone Financials
According to the financial statement table on page 2, the company reported:
- Revenue from operations: ₹36.13 lakh
- Previous quarter revenue: ₹49.13 lakh
- Net profit: ₹2.21 lakh
- Profit before tax: ₹2.93 lakh
Nine Months FY26 Standalone
- Revenue: ₹122.18 lakh
- Net profit: ₹24.80 lakh
The improving Spice Lounge Food Works quarterly performance reflects stabilizing operations and continued business restructuring.
Consolidated Performance Shows Stronger Scale
The consolidated financial results table on page 6 highlights the group’s broader growth trajectory.
Q3 FY26 Consolidated Numbers
- Revenue from operations: ₹3,290.69 lakh
- Profit before tax: ₹239.15 lakh
- Net profit: ₹247.30 lakh
Nine Months FY26 Consolidated
- Revenue: ₹11,140.67 lakh
- Net profit: ₹472.96 lakh
This strong jump in consolidated numbers indicates the growing contribution of subsidiaries and restaurant operations.
For investors tracking Spice Lounge Food Works share news, this consolidated performance is a key highlight.
Segment Analysis: Restaurant Business Driving Growth
The segment reporting table on page 3 shows two operating segments:
- Software & IT Services
- Food and Restaurant Services
The Food and Restaurant Services segment continues to be the primary growth engine.
Key observations:
Significant revenue contribution from restaurant operations
Continued expansion of food service subsidiaries
Strengthening hospitality business model
The company’s transformation into a food-focused enterprise is becoming increasingly visible in its Spice Lounge Food Works financial results.
Subsidiary Expansion Strengthens Consolidated Results
The auditor’s report on page 9 confirms the consolidated financials include results of subsidiaries:
- Mirchi Wild Wings Private Limited
- Chicken Wild Wings Private Limited
- Teksoft Systems Inc (USA)
These subsidiaries contributed:
- Revenue: ₹11,336.73 lakh (9 months)
- Net profit: ₹448.21 lakh (9 months)
This diversification supports the company’s Spice Lounge Food Works revenue growth strategy.
Foreign Currency Convertible Bonds Issued
The notes section on page 2 highlights a major financing update.
The company issued Foreign Currency Convertible Bonds (FCCBs) worth USD 5 million at an interest rate of 1% per annum 1.
This capital infusion may support:
- Restaurant expansion
- International operations
- Business scaling initiatives
Such funding strengthens long-term Spice Lounge Food Works quarterly performance outlook.
Auditor Review: No Material Modifications
Independent auditors JMT & Associates issued an unmodified review report confirming:
Financial statements comply with Ind AS
No material misstatements identified
Results prepared as per SEBI Listing Regulations 1.
This adds credibility to the latest Spice Lounge Food Works financial results.
Strategic Transformation After Rebranding
The company officially transitioned from Shalimar Agencies Limited to Spice Lounge Food Works Limited during FY25.
This shift reflects a strategic pivot:
- From diversified business activities
- To a focused food and restaurant business model
The transformation is gradually visible in Spice Lounge Food Works share news and quarterly filings.
What the Results Mean for Investors
Key takeaways from the Spice Lounge Food Works Q3 results:
Strong consolidated revenue growth
Expanding restaurant business
Increasing subsidiary contribution
Fresh capital via FCCBs
Clean auditor review
The company appears to be transitioning from restructuring to growth phase.
Outlook
With the hospitality sector recovering and organized food chains expanding, Spice Lounge Food Works may benefit from:
- Rising dining-out trends
- Brand expansion opportunities
- Technology integration via subsidiaries
- International growth potential
Investors tracking Spice Lounge Food Works quarterly performance will watch upcoming quarters for revenue scalability and margin stability.
Conclusion
The latest Spice Lounge Food Works Q3 results indicate steady operational progress and strong consolidated growth.
The company’s evolving restaurant-focused strategy, combined with subsidiary expansion and fresh funding, suggests a business in transition toward a scalable growth phase.
For those following Spice Lounge Food Works financial results, the next few quarters will be crucial in confirming the sustainability of this growth trajectory.
For more such information visit EQMint
Source link: BSE
Disclaimer: This article is not an investment advice and is for educational purpose only
