Olive Bar & Kitchen Pvt. Ltd

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Olive Bar & Kitchen Pvt. Ltd - overview

Established

2000

Location

Mumbai, -, India

Primary Industry

Travel & Leisure

About

Olive Bar & Kitchen Pvt. Ltd operates a portfolio of restaurants and bars offering diverse culinary experiences and unique dining atmospheres across urban India, focusing on quality and customer satisfaction. Olive Bar & Kitchen Pvt. Ltd specializes in the food and beverage industry, primarily managing a variety of restaurants and bars.


Founded in 2000 and headquartered in Mumbai, India, the company has undergone strategic developments over the years. In December 2017, Rabo Equity Advisors acquired a 40 percent stake from Aditya Birla Capital Advisors for INR 1 billion, marking a significant investment in the company. The firm has completed a total of 3 deals, with the most recent deal occurring on December 27, 2017. The founder's history is not available, but the company continues to thrive as a key player in its sector.


Olive Bar & Kitchen Pvt Ltd. is primarily engaged in the food and beverage sector, operating a diverse portfolio of restaurants and bars that cater to various dining experiences. The company’s flagship offerings include a range of cuisines and dining formats across its establishments, such as Olive Qutub, Olive Beach, and The Fatty Bao, each designed to provide a unique ambiance and menu tailored to different consumer preferences. The establishments serve a clientele that spans from casual diners to food enthusiasts seeking quality dining experiences in urban locations.


Olive Bar & Kitchen operates in multiple geographical markets, including metropolitan areas such as Mumbai, New Delhi, Bengaluru, and Hyderabad, as well as expanding into locations like Goa and Chandigarh, thereby addressing a broad demographic of gastronomes and social patrons. Olive Bar & Kitchen Pvt Ltd. generates revenue primarily through direct transactions with consumers at its various dining venues. In the most recent fiscal year 2023, the company reported a revenue amount of INR 24,548,559.


60 and an EBITDA of INR 2,869,448. 60. Customers typically engage in on-site dining experiences, where they select from a diverse menu that features signature dishes and beverages unique to each brand within the Olive Group. The company’s revenue structure is predominantly based on individual customer transactions, with a model that emphasizes quality dining and customer satisfaction.


Pricing strategies are aligned with market standards, reflecting the premium nature of the dining experiences offered. This transactional model facilitates consistent revenue generation as patrons frequent these establishments for both casual meals and special events, enhancing customer loyalty and repeat business. The company plans to utilize recent funding from the Secondary Buyout round to support its strategic initiatives. The funding will facilitate the expansion into new markets, with potential locations being explored across India to broaden its customer base.


Olive Bar & Kitchen Pvt. Ltd. is also focused on enhancing its product offerings by designing new menu items that cater to evolving consumer preferences, although specific product launch dates have not been disclosed. The firm aims to continue its trajectory of growth by tapping into emerging urban markets and increasing brand visibility.


Current Investors

Rabo Equity Advisors

Primary Industry

Travel & Leisure

Sub Industries

Hospitality Services, Restaurants & Nightlife

Website

www.olivebarandkitchen.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

Olive Bar & Kitchen Pvt. Ltd - financials

Fiscal Year EndedMar 31, 2013Mar 31, 2014Mar 31, 2015Mar 31, 2016Mar 31, 2017Mar 31, 2018Mar 31, 2019Mar 31, 2020Mar 31, 2021Mar 31, 2022Mar 31, 2023Mar 31, 2024
Revenue (USD)378,723,933552,187,9431,079,776,9461,501,648,7711,528,013,3451,862,529,1001,969,046,8761,778,124,856676,487,435---
% Revenue Growth (YoY)-45.8%95.5%39.1%1.8%21.9%5.7%(9.7%)(62.0%)---
EBITDA (USD)37,448,56651,946,548131,751,614163,400,950114,138,48445,000,938(39,398,563)37,988,28747,615,266---
Operating Income (USD)23,940,13629,222,92573,304,19084,755,98320,295,320(73,390,637)(145,163,205)(48,713,508)(16,650,513)---
Operating Margin6.3%5.3%6.8%5.6%1.3%(3.9%)(7.4%)(2.7%)(2.5%)---
% EBITDA Margin9.9%9.4%12.2%10.9%7.5%2.4%(2.0%)2.1%7.0%---
NET Income (USD)15,282,74317,144,63046,574,69348,429,19017,887,205(81,590,061)(166,792,140)(84,105,530)(27,488,430)---
% Net Margin4.0%3.1%4.3%3.2%1.2%(4.4%)(8.5%)(4.7%)(4.1%)---

Olive Bar & Kitchen Pvt. Ltd - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Secondary BuyoutCompletedOlive Bar & Kitchen Pvt. Ltd-
GrowthCompletedOlive Bar & Kitchen Pvt. Ltd-

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