The Indian restaurant group, which last week announced an agreement to bring outside investment into the business for the first time by partnering with global consumer focused investment firm L Catterton, saw turnover increase to £137.1m in 2024 from £116.8m the previous year.
Growth was attributed to the underlying like-for-like performance of the group’s established restaurants combined with the impact of new openings.
The group reported a pre-tax profit of £10.1m for the period, up from £7.4m the previous year, while adjusted EBITDA rose from £13.3m to £18.6m.
Dishoom operated 11 core brand restaurants over the period as well as three sites under its drinks-focused Permit Room concept, two of which opened over the course of the year.
The group has since added a further Permit Room site to its estate in Notting Hill, marking the brand’s first location in the capital.
Dishoom notes that its ‘positive momentum’ has continued into 2025 with ‘sustained volume growth’ across its restaurants, delivery channels and online store.
The partnership with L Catterton will pave the way for Dishoom to explore growth in other regions in the coming years, including the US where it is set to open a new location in 2026.
Dishoom announced in November last year that it was seeking an investor to help fund a move into the US with the group’s first Stateside location expected to be in New York City.
It comes after the group ran a successful 10-day pop-up in partnership with New York restaurant Pastis in August last year, which served around 7,000 people for breakfast at the Meatpacking District-based restaurant and had a waiting list of a further 20,000 people.
The deal will not impact the senior leadership team or the day-to-day running of the business with Dishoom continuing to be led by co-founders Shamil Thakrar and Kavi Thakrar, alongside CEO Brian Trollip and the rest of the executive team.