Dishoom FY revenues jump 17% amid expansion drive
Growth was attributed to improved like-for-like sales at existing sites and the contribution from four restaurants opened during the reporting period and late 2023
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Dishoom has reported a 17% rise in annual turnover to £137.1m for the year ended 29 December 2024.
Growth was attributed to improved like-for-like sales at existing sites and the contribution from four restaurants opened during the reporting period and late 2023.
During the period, adjusted EBITDA rose to £18.6m from £13.3m, reflecting stronger trading across the estate.
Meanwhile, profits before tax more than doubled to £10.1m, up from £5.6m the previous year.
Exceptional costs in the latest period related to a call option on B shares and strategic advisory fees. In 2023, one-off charges included administrative costs linked to exiting a second head office lease.
Net assets stood at £11.1m at year end, compared with £5.8m in 2023. The increase was driven by £7.8m in capital expenditure and a rise in cash reserves to £12m, partially offset by higher creditor balances.
The company said it saw efficiency gains from more stable staffing and lower turnover during the year.
Dishoom also continued its charitable programme of donating meals via partner organisations to support children facing food insecurity in the UK and India.
According to Dishoom’s board, strong trading momentum had carried into 2025 across cafés, delivery and the online store, and it remained confident in the company’s financial resilience.
