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specialty restaurants

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NSE:SPECIALITY   SPECIALITY RESTAUR
Speciality Restaurants was incorporated as Speciality Restaurants on December 1, 1999 as a private limited company under the Companies Act, 1956. It is a fine dining operator in India, with 69 restaurants and 13 confectionaries as of February 29, 2012, featuring certain well recognized brands in the Indian restaurant industry. The company focuses on providing the guests an affordable fine dining experience with quality food and service in a modern ambience. The company’s restaurants consist of different restaurant concepts and are located across India, particularly in the western region. Its flagship brand is Mainland China which serves Chinese cuisine in a standalone fine dining setting. Chinese cuisine is the most popular foreign cuisine in India according to the India Retail Report 2009. As of February 29, 2012, its Mainland China brand encompassed 36 restaurants across India as well as one in Bangladesh.

The company’s Mainland China restaurants contributed 53.27%, 57.03%, 60.28% and 61.13% to its total revenues from food and beverages in fiscal years 2009, 2010, 2011 and the nine months ended December 31, 2011, respectively. Its other core brand -- Oh! Calcutta -- encompassed seven restaurants across India as well as one in Bangladesh as of February 29, 2012 and features a range of cuisines from the east Indian city of Kolkata, including Bengali, Nawabi, British and Continental cuisines served in a fine dining setting. The company’s other restaurant brands are Sigree, Flame & Grill, Haka, Just Biryani, KIBBEH, Kix, Machaan, Shack, as well as a confectionary brand, Sweet Bengal.

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