JUBLFOOD
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Jubilant Foodworks Says Domino’s India Q4FY26 Like-For-Like Growth At 0.2%
April 6 (Reuters) - Jubilant Foodworks Ltd JUBI.NS:
JUBILANT FOODWORKS - DOMINO’S INDIA Q4FY26 LIKE-FOR-LIKE GROWTH AT 0.2%
JUBILANT FOODWORKS - Q4FY26 CONSOLIDATED REVENUE FROM OPERATIONS AT 25,058 RUPEES MLN, UP 19.1% YOY
Source text: ID:nNSE8xtSfV
Further company coverage: JUBI.NS
April 6 (Reuters) - Jubilant Foodworks Ltd JUBI.NS:
JUBILANT FOODWORKS - DOMINO’S INDIA Q4FY26 LIKE-FOR-LIKE GROWTH AT 0.2%
JUBILANT FOODWORKS - Q4FY26 CONSOLIDATED REVENUE FROM OPERATIONS AT 25,058 RUPEES MLN, UP 19.1% YOY
Source text: ID:nNSE8xtSfV
Further company coverage: JUBI.NS
Jubilant Foodworks Renews 15-Year Exclusive Domino's Franchise Agreement For India
April 1 (Reuters) - Jubilant Foodworks Ltd JUBI.NS:
JUBILANT FOODWORKS - RENEWS 15-YEAR EXCLUSIVE DOMINO'S FRANCHISE AGREEMENT FOR INDIA WITH 10-YEAR OPTION
JUBILANT FOODWORKS - RENEWS EXCLUSIVE DOMINO'S FRANCHISE RIGHTS FOR SRI LANKA AND BANGLADESH
Source text: ID:nNSE4bMQgL
Further company coverage: JUBI.NS
April 1 (Reuters) - Jubilant Foodworks Ltd JUBI.NS:
JUBILANT FOODWORKS - RENEWS 15-YEAR EXCLUSIVE DOMINO'S FRANCHISE AGREEMENT FOR INDIA WITH 10-YEAR OPTION
JUBILANT FOODWORKS - RENEWS EXCLUSIVE DOMINO'S FRANCHISE RIGHTS FOR SRI LANKA AND BANGLADESH
Source text: ID:nNSE4bMQgL
Further company coverage: JUBI.NS
Jubilant FoodWorks to exit Dunkin' India franchise deal
Adds details throughout
March 30 (Reuters) - India's Jubilant FoodWorks JUBI.NS will not renew its agreement with U.S.-based Dunkin' to develop and operate stores in the country after the pact expires on December 31, 2026, the restaurant chain operator said on Monday.
The company said it will evaluate options for the stores, including sale and transfer of franchise rights in consultation with Dunkin'.
The coffee-and-doughnut chain has struggled to grow in India, prompting Jubilant to focus on Domino's pizza business and newer brands such as fried-chicken chain, Popeyes.
The decision is not expected to have any material operational or financial impact, Jubilant said.
The brand contributed about 0.61% of the company's revenue and a loss of roughly 191 million rupees in fiscal year 2025, according to an exchange filing.
Jubilant operated 27 Dunkin' outlets in India as of December 2025 and shut seven stores over the past year, according to its third-quarter investor presentation.
In the October-December quarter, the company's profit rose 65% to 709 million rupees ($7.49 million), from 429.1 million rupees a year ago.
($1 = 94.6440 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru; Editing by Sonia Cheema and Sahal Muhammed)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_))
Adds details throughout
March 30 (Reuters) - India's Jubilant FoodWorks JUBI.NS will not renew its agreement with U.S.-based Dunkin' to develop and operate stores in the country after the pact expires on December 31, 2026, the restaurant chain operator said on Monday.
The company said it will evaluate options for the stores, including sale and transfer of franchise rights in consultation with Dunkin'.
The coffee-and-doughnut chain has struggled to grow in India, prompting Jubilant to focus on Domino's pizza business and newer brands such as fried-chicken chain, Popeyes.
The decision is not expected to have any material operational or financial impact, Jubilant said.
The brand contributed about 0.61% of the company's revenue and a loss of roughly 191 million rupees in fiscal year 2025, according to an exchange filing.
Jubilant operated 27 Dunkin' outlets in India as of December 2025 and shut seven stores over the past year, according to its third-quarter investor presentation.
In the October-December quarter, the company's profit rose 65% to 709 million rupees ($7.49 million), from 429.1 million rupees a year ago.
($1 = 94.6440 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru; Editing by Sonia Cheema and Sahal Muhammed)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_))
Jubilant Foodworks Gets Tax, Penalty Order Of 153.6 Million Rupees Each
March 27 (Reuters) - Jubilant Foodworks Ltd JUBI.NS:
GETS TAX AND PENALTY ORDER OF 153.6 MILLION RUPEES EACH
Source text: ID:nBSEBVt0v
Further company coverage: JUBI.NS
March 27 (Reuters) - Jubilant Foodworks Ltd JUBI.NS:
GETS TAX AND PENALTY ORDER OF 153.6 MILLION RUPEES EACH
Source text: ID:nBSEBVt0v
Further company coverage: JUBI.NS
Indian QSR stocks fall on commercial LPG shortage
** Indian quick service restaurants fall 0.4%-4.5%
** Middle East conflict-driven commercial LPG shortage expected to disrupt ops, may hit delivery volumes
** Pizza Hut operator Devyani DEVY.NS down 4%, KFC operator Sapphire Foods SAPI.NS dips ~4.5%
** Market leader Jubilant Foodworks JUBI.NS eases 0.4%
** However, oil minister says India securing more LPG from new sources like U.S., Norway, Canada, Russia
** YTD, SAPI down ~37%; JUBI, DEVY falls 17% and 24%, respectively
(Reporting by Urvi Dugar in Bengaluru)
** Indian quick service restaurants fall 0.4%-4.5%
** Middle East conflict-driven commercial LPG shortage expected to disrupt ops, may hit delivery volumes
** Pizza Hut operator Devyani DEVY.NS down 4%, KFC operator Sapphire Foods SAPI.NS dips ~4.5%
** Market leader Jubilant Foodworks JUBI.NS eases 0.4%
** However, oil minister says India securing more LPG from new sources like U.S., Norway, Canada, Russia
** YTD, SAPI down ~37%; JUBI, DEVY falls 17% and 24%, respectively
(Reporting by Urvi Dugar in Bengaluru)
Jubilant Foodworks Starts Commercial Production From Commissary At Raigad
March 11 (Reuters) - Jubilant Foodworks Ltd JUBI.NS:
COMMENCEMENT OF COMMERCIAL PRODUCTION FROM COMMISSARY AT RAIGAD
Source text: ID:nnAZN4SKN0U
Further company coverage: JUBI.NS
March 11 (Reuters) - Jubilant Foodworks Ltd JUBI.NS:
COMMENCEMENT OF COMMERCIAL PRODUCTION FROM COMMISSARY AT RAIGAD
Source text: ID:nnAZN4SKN0U
Further company coverage: JUBI.NS
Domino's India operator's profit jumps on festive demand, delivery growth
Feb 10 (Reuters) - India's Jubilant FoodWorks JUBI.NS, which operates Domino's Pizza and Dunkin' outlets in the country, reported about 65% rise in third-quarter profit on Tuesday, helped by strong growth in orders during the seasonally strong festive quarter.
The company's profit rose to 709 million rupees ($7.83 million) in the quarter ended December 31, from 429.1 million rupees a year earlier.
($1 = 90.5630 Indian rupees)
(Reporting by Surbhi Misra and Urvi Dugar in Bengaluru)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
Feb 10 (Reuters) - India's Jubilant FoodWorks JUBI.NS, which operates Domino's Pizza and Dunkin' outlets in the country, reported about 65% rise in third-quarter profit on Tuesday, helped by strong growth in orders during the seasonally strong festive quarter.
The company's profit rose to 709 million rupees ($7.83 million) in the quarter ended December 31, from 429.1 million rupees a year earlier.
($1 = 90.5630 Indian rupees)
(Reporting by Surbhi Misra and Urvi Dugar in Bengaluru)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
Jubilant Foodworks Says Tax Demand Reduced From 2.16 Billion Rupees To 1.90 Billion Rupees
Feb 6 (Reuters) - Jubilant Foodworks Ltd JUBI.NS:
TAX DEMAND REDUCED FROM 2.16 BILLION RUPEES TO 1.90 BILLION RUPEES
Source text: ID:nNSE16vVfs
Further company coverage: JUBI.NS
Feb 6 (Reuters) - Jubilant Foodworks Ltd JUBI.NS:
TAX DEMAND REDUCED FROM 2.16 BILLION RUPEES TO 1.90 BILLION RUPEES
Source text: ID:nNSE16vVfs
Further company coverage: JUBI.NS
India's Jubilant Foodworks, Westlife Foodworld rise after CLSA upgrades to 'buy'
** Shares of India's Jubilant Foodworks JUBI.NS and Westlife Foodworld WEST.NS jump 1.11% and 2.57% to 493.80 rupees and 495.20 rupees, respectively
** Brokerage CLSA upgrades both stocks to "buy" from "hold", saying risk-reward is now balanced after recent corrections
** CLSA says slower store growth is now priced in and expects sales acceleration with margin expansion driven by operating leverage
** Analysts on average rate Jubilant "buy" and Westlife "hold", with median PTs of 715 rupees and 627.50 rupees, respectively – data complied by LSEG
** JUBI shares down about 12.5% in Jan, while WEST down about 14%
(Reporting by Surbhi Misra in Bengaluru)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
** Shares of India's Jubilant Foodworks JUBI.NS and Westlife Foodworld WEST.NS jump 1.11% and 2.57% to 493.80 rupees and 495.20 rupees, respectively
** Brokerage CLSA upgrades both stocks to "buy" from "hold", saying risk-reward is now balanced after recent corrections
** CLSA says slower store growth is now priced in and expects sales acceleration with margin expansion driven by operating leverage
** Analysts on average rate Jubilant "buy" and Westlife "hold", with median PTs of 715 rupees and 627.50 rupees, respectively – data complied by LSEG
** JUBI shares down about 12.5% in Jan, while WEST down about 14%
(Reporting by Surbhi Misra in Bengaluru)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
Jubilant Foodworks Q3 Consolidated Revenue From Operations Up 13.4% YoY
Jan 6 (Reuters) - Jubilant Foodworks Ltd JUBI.NS:
JUBILANT FOODWORKS - Q3 CONSOLIDATED REVENUE FROM OPERATIONS UP 13.4% YOY
JUBILANT FOODWORKS- Q3 STANDALONE REVENUE FROM OPERATIONS UP 11.8% YOY
Source text: ID:nnAZN4RRQIN
Further company coverage: JUBI.NS
Jan 6 (Reuters) - Jubilant Foodworks Ltd JUBI.NS:
JUBILANT FOODWORKS - Q3 CONSOLIDATED REVENUE FROM OPERATIONS UP 13.4% YOY
JUBILANT FOODWORKS- Q3 STANDALONE REVENUE FROM OPERATIONS UP 11.8% YOY
Source text: ID:nnAZN4RRQIN
Further company coverage: JUBI.NS
Indian KFC, Pizza Hut operator Devyani rises on $934 million Sapphire merger
Adds details and analyst comments throughout; updates shares
Jan 2 (Reuters) - India's KFC, Pizza Hut operator Devyani International jumped as much as 8.3% on Friday after announcing the long-anticipated $934 million merger with smaller peer Sapphire Foods, creating a fast-food major poised to challenge market leader Jubilant Foodworks.
The combined entity will operate more than 3,000 KFC and Pizza Hut outlets, franchises of Yum Brands YUM.N, in India and overseas, going up against the Domino's Pizza operator Jubilant's 3,480 outlets in the country.
Devyani's DEVY.NS stock was last trading 2.8% higher at 151.39 rupees.
The merger was a "welcome strategic move", said analysts at JP Morgan, as it meant a simplified structure, potential for meaningful cost savings and quicker decision making, helping Devyani compete more effectively with peers and food delivery platforms.
The merger comes as India's fast‑food franchisees contend with higher operating costs, slowing same‑store sales and margin pressures, while consumers trim discretionary spending. Both Devyani and Sapphire logged losses in the September 2025 quarter.
The combined business could deliver revenue and operating profit 50%–60% above current levels, with a scale and growth trajectory approaching Jubilant's, though margins are expected to remain comparatively weaker for now, added Emkay Global.
Devyani will issue 177 shares for every 100 Sapphire shares under the deal.
Sapphire Foods slipped about 3% to 254.25 rupees, while Jubilant's shares were trading 0.2% lower at 552.20 rupees.
The merger ratio is very close to where the stock prices closed on January 1 and so there is no major price adjustment that can arise out of this deal, said Jefferies analysts.
(Reporting by Urvi Dugar and Kashish Tandon in Bengaluru; Editing by Janane Venkatraman)
((UrviManoj.Dugar@thomsonreuters.com; +91 9558725583;))
Adds details and analyst comments throughout; updates shares
Jan 2 (Reuters) - India's KFC, Pizza Hut operator Devyani International jumped as much as 8.3% on Friday after announcing the long-anticipated $934 million merger with smaller peer Sapphire Foods, creating a fast-food major poised to challenge market leader Jubilant Foodworks.
The combined entity will operate more than 3,000 KFC and Pizza Hut outlets, franchises of Yum Brands YUM.N, in India and overseas, going up against the Domino's Pizza operator Jubilant's 3,480 outlets in the country.
Devyani's DEVY.NS stock was last trading 2.8% higher at 151.39 rupees.
The merger was a "welcome strategic move", said analysts at JP Morgan, as it meant a simplified structure, potential for meaningful cost savings and quicker decision making, helping Devyani compete more effectively with peers and food delivery platforms.
The merger comes as India's fast‑food franchisees contend with higher operating costs, slowing same‑store sales and margin pressures, while consumers trim discretionary spending. Both Devyani and Sapphire logged losses in the September 2025 quarter.
The combined business could deliver revenue and operating profit 50%–60% above current levels, with a scale and growth trajectory approaching Jubilant's, though margins are expected to remain comparatively weaker for now, added Emkay Global.
Devyani will issue 177 shares for every 100 Sapphire shares under the deal.
Sapphire Foods slipped about 3% to 254.25 rupees, while Jubilant's shares were trading 0.2% lower at 552.20 rupees.
The merger ratio is very close to where the stock prices closed on January 1 and so there is no major price adjustment that can arise out of this deal, said Jefferies analysts.
(Reporting by Urvi Dugar and Kashish Tandon in Bengaluru; Editing by Janane Venkatraman)
((UrviManoj.Dugar@thomsonreuters.com; +91 9558725583;))
India's KFC, Pizza Hut operators to merge in $934 million deal
Rewrites throughout, adds deal value in paragraph 1, consultant comment in paragraph 5
By Hritam Mukherjee and Nishit Navin
Jan 1 (Reuters) - India's KFC and Pizza Hut operators Sapphire Foods SAPI.NS and Devyani International DEVY.NS said on Thursday they will merge in a $934 million deal, creating a fast-food franchisee powerhouse in the world's most populous country.
The deal comes as India's fast-food franchisees grapple with higher costs, slowing same-store sales and margin pressure, while facing stiff competition from McDonald's MCD.N and Domino's Pizza DPZ.O operators in a market where consumers are cutting back on non-essential spending.
Devyani will issue 177 shares for every 100 shares of Sapphire as part of the deal and it expects annual synergies of 2.1 billion to 2.25 billion rupees ($23.34 million to $25.01 million) from the second full year of operations of the combined entity.
The companies, partners of Yum Brands YUM.N, run more than 3,000 outlets across India and overseas, including KFC and Pizza Hut dine-in restaurants and compete with the Indian operators of McDonald's and Domino's Pizza chains - Westlife Foodworld WEST.NS and Jubilant Foodworks JUBI.NS.
Both the KFC and Pizza Hut franchisees in India operate at a net loss, making scalability a challenge, said Akshay D'Souza, an independent consumer goods consultant.
"With the single entity, if they are able to unlock even half of the expected synergies, we will be seeing a profitable enterprise... where they can control costs better."
In the quarter ended September, Sapphire's consolidated total costs rose 10% on-year to 7.68 billion rupees, while Devyani's spends rose 14.4% to 14.08 billion rupees.
Devyani reported a net loss of 219 million rupees for the quarter ended September 30, reversing a profit of 170,000 rupees a year earlier, while Sapphire posted a wider consolidated net loss of 127.7 million rupees, compared with a loss of 30.4 million rupees a year ago.
($1 = 89.9625 Indian rupees)
(Reporting by Hritam Mukherjee, Nishit Navin and Nandan Mandayam, writing by Chandini Monnappa; Editing by Howard Goller and Ros Russell)
((Hritam.Mukherjee@thomsonreuters.com; X: @MukherjeeHritam;))
Rewrites throughout, adds deal value in paragraph 1, consultant comment in paragraph 5
By Hritam Mukherjee and Nishit Navin
Jan 1 (Reuters) - India's KFC and Pizza Hut operators Sapphire Foods SAPI.NS and Devyani International DEVY.NS said on Thursday they will merge in a $934 million deal, creating a fast-food franchisee powerhouse in the world's most populous country.
The deal comes as India's fast-food franchisees grapple with higher costs, slowing same-store sales and margin pressure, while facing stiff competition from McDonald's MCD.N and Domino's Pizza DPZ.O operators in a market where consumers are cutting back on non-essential spending.
Devyani will issue 177 shares for every 100 shares of Sapphire as part of the deal and it expects annual synergies of 2.1 billion to 2.25 billion rupees ($23.34 million to $25.01 million) from the second full year of operations of the combined entity.
The companies, partners of Yum Brands YUM.N, run more than 3,000 outlets across India and overseas, including KFC and Pizza Hut dine-in restaurants and compete with the Indian operators of McDonald's and Domino's Pizza chains - Westlife Foodworld WEST.NS and Jubilant Foodworks JUBI.NS.
Both the KFC and Pizza Hut franchisees in India operate at a net loss, making scalability a challenge, said Akshay D'Souza, an independent consumer goods consultant.
"With the single entity, if they are able to unlock even half of the expected synergies, we will be seeing a profitable enterprise... where they can control costs better."
In the quarter ended September, Sapphire's consolidated total costs rose 10% on-year to 7.68 billion rupees, while Devyani's spends rose 14.4% to 14.08 billion rupees.
Devyani reported a net loss of 219 million rupees for the quarter ended September 30, reversing a profit of 170,000 rupees a year earlier, while Sapphire posted a wider consolidated net loss of 127.7 million rupees, compared with a loss of 30.4 million rupees a year ago.
($1 = 89.9625 Indian rupees)
(Reporting by Hritam Mukherjee, Nishit Navin and Nandan Mandayam, writing by Chandini Monnappa; Editing by Howard Goller and Ros Russell)
((Hritam.Mukherjee@thomsonreuters.com; X: @MukherjeeHritam;))
Domino's India operator posts a surge in second-quarter profit on strong demand
Nov 13 (Reuters) - Domino's India operator JUBI.NS posted a consolidated quarterly profit that almost tripled on Thursday, as demand for its affordable pizzas and combo deals stayed strong, bucking the broader slowdown seen across quick-service restaurant peers.
Jubilant Foodworks reported profit of 1.86 billion rupees ($21.16 million) for the quarter ended September 30, compared to a profit a year ago of 640.5 million rupees.
($1 = 87.8950 Indian rupees)
(Reporting by Ananta Agarwal in Bengaluru; Editing by Mrigank Dhaniwala)
Nov 13 (Reuters) - Domino's India operator JUBI.NS posted a consolidated quarterly profit that almost tripled on Thursday, as demand for its affordable pizzas and combo deals stayed strong, bucking the broader slowdown seen across quick-service restaurant peers.
Jubilant Foodworks reported profit of 1.86 billion rupees ($21.16 million) for the quarter ended September 30, compared to a profit a year ago of 640.5 million rupees.
($1 = 87.8950 Indian rupees)
(Reporting by Ananta Agarwal in Bengaluru; Editing by Mrigank Dhaniwala)
Papa John's to re-enter India with plan for 650 pizza stores by 2035
By Praveen Paramasivam
Aug 26 (Reuters) - U.S. pizza chain Papa John's International PZZA.O plans to return to India by October, said a master franchisee executive, aiming to open 650 stores over the next decade in a market where fast-food chains have been struggling to sustain sales growth.
The world's third-largest pizza delivery company, which exited India in 2017 citing underperformance, follows U.S. rival Little Caesars, which opened in India earlier this year with a target of 100 stores by the decade-end.
Papa John's will open its first store in the southern city of Bengaluru, Vish Narain, managing partner at Pulsar Capital, told Reuters. The Indian investment house and UAE-based PJP Investments Group are Papa John's joint master franchisees in India.
The pizza chain had revealed plans in April 2023 to re-enter the "complex market".
Its return comes as fast-food chains grapple with weakening sales in the country, as cash-strapped urban consumers - the key customer base - cut back due to slow wage growth and as rising competition bites.
One of India's two Pizza Hut YUM.N franchisees, Devyani International DEVY.NS, has been closing underperforming stores, while the smaller operator, Sapphire Foods India SAPI.NS, has been cautious with its expansion plans.
The company will also face stiff competition from Domino's Pizza DPZ.O, which has more than 2,200 outlets in India, Pizza Hut with about 950 stores, and smaller upscale chains such as Pizza Bakery and PizzaExpress.
Pulsar Capital is betting on India's long-term potential, mirroring consumer-facing companies such as Dove soapmaker Hindustan Unilever HLL.NS and brewer Heineken HEIN.AS that are continuing to invest in the country with an eye on its population of 1.4 billion.
The fast-food "category is under-penetrated, so we are many years away from saturation," said Narain.
Papa John's plans to tailor its pizza to local palates while also offering its signature pies, joining fast-food rivals offering similar fare. KFC sells a paneer zinger burger, Domino's offers a chicken tikka pie, and Subway serves a potato-patty sandwich.
(Reporting by Praveen Paramasivam in Chennai; Editing by Dhanya Skariachan and Janane Venkatraman)
((Praveen.Paramasivam@thomsonreuters.com; +91 867-525-3569;))
By Praveen Paramasivam
Aug 26 (Reuters) - U.S. pizza chain Papa John's International PZZA.O plans to return to India by October, said a master franchisee executive, aiming to open 650 stores over the next decade in a market where fast-food chains have been struggling to sustain sales growth.
The world's third-largest pizza delivery company, which exited India in 2017 citing underperformance, follows U.S. rival Little Caesars, which opened in India earlier this year with a target of 100 stores by the decade-end.
Papa John's will open its first store in the southern city of Bengaluru, Vish Narain, managing partner at Pulsar Capital, told Reuters. The Indian investment house and UAE-based PJP Investments Group are Papa John's joint master franchisees in India.
The pizza chain had revealed plans in April 2023 to re-enter the "complex market".
Its return comes as fast-food chains grapple with weakening sales in the country, as cash-strapped urban consumers - the key customer base - cut back due to slow wage growth and as rising competition bites.
One of India's two Pizza Hut YUM.N franchisees, Devyani International DEVY.NS, has been closing underperforming stores, while the smaller operator, Sapphire Foods India SAPI.NS, has been cautious with its expansion plans.
The company will also face stiff competition from Domino's Pizza DPZ.O, which has more than 2,200 outlets in India, Pizza Hut with about 950 stores, and smaller upscale chains such as Pizza Bakery and PizzaExpress.
Pulsar Capital is betting on India's long-term potential, mirroring consumer-facing companies such as Dove soapmaker Hindustan Unilever HLL.NS and brewer Heineken HEIN.AS that are continuing to invest in the country with an eye on its population of 1.4 billion.
The fast-food "category is under-penetrated, so we are many years away from saturation," said Narain.
Papa John's plans to tailor its pizza to local palates while also offering its signature pies, joining fast-food rivals offering similar fare. KFC sells a paneer zinger burger, Domino's offers a chicken tikka pie, and Subway serves a potato-patty sandwich.
(Reporting by Praveen Paramasivam in Chennai; Editing by Dhanya Skariachan and Janane Venkatraman)
((Praveen.Paramasivam@thomsonreuters.com; +91 867-525-3569;))
Jubilant Foodworks Q1 Consol Net Profit 917.6 Mln Rupees
Aug 13 (Reuters) - Jubilant Foodworks Ltd JUBI.NS:
Q1 CONSOL NET PROFIT 917.6 MILLION RUPEES; IBES EST. 645.6 MILLION RUPEES
Q1 CONSOL REVENUE FROM OPERATIONS 22.61 BILLION RUPEES; IBES EST. 18.71 BILLION RUPEES
Source text: ID:nBSE3PkXX6
Further company coverage: JUBI.NS
Aug 13 (Reuters) - Jubilant Foodworks Ltd JUBI.NS:
Q1 CONSOL NET PROFIT 917.6 MILLION RUPEES; IBES EST. 645.6 MILLION RUPEES
Q1 CONSOL REVENUE FROM OPERATIONS 22.61 BILLION RUPEES; IBES EST. 18.71 BILLION RUPEES
Source text: ID:nBSE3PkXX6
Further company coverage: JUBI.NS
Jubilant Consumer Sells 10.6 Million Shares In Jubilant Foodworks Via Bulk Deal Per NSE Data
June 13 (Reuters) - Jubilant Foodworks Ltd JUBI.NS:
JUBILANT CONSUMER SELLS 10.6 MILLION SHARES IN JUBILANT FOODWORKS VIA BULK DEAL - NSE DATA
Source text: [ID:]
Further company coverage: JUBI.NS
June 13 (Reuters) - Jubilant Foodworks Ltd JUBI.NS:
JUBILANT CONSUMER SELLS 10.6 MILLION SHARES IN JUBILANT FOODWORKS VIA BULK DEAL - NSE DATA
Source text: [ID:]
Further company coverage: JUBI.NS
KFC India operator Sapphire misses revenue estimates on sluggish demand
May 7 (Reuters) - Sapphire Foods India SAPI.NS, which operates Pizza Hut and KFC restaurants in the country, reported a quarterly revenue that missed estimates on Wednesday, as demand failed to pick up despite discounts.
The restaurant operator posted revenue from operations of 7.11 billion rupees ($83.98 million) for the fourth-quarter ended March 31, compared to 6.32 billion rupees a year earlier, according to a regulatory filing.
Analysts had expected 7.14 billion rupees, according to data compiled by LSEG.
($1 = 84.6600 Indian rupees)
(Reporting by Praveen Paramasivam in Chennai and Ananta Agarwal in Bengaluru)
((Praveen.Paramasivam@thomsonreuters.com; +91 867-525-3569;))
May 7 (Reuters) - Sapphire Foods India SAPI.NS, which operates Pizza Hut and KFC restaurants in the country, reported a quarterly revenue that missed estimates on Wednesday, as demand failed to pick up despite discounts.
The restaurant operator posted revenue from operations of 7.11 billion rupees ($83.98 million) for the fourth-quarter ended March 31, compared to 6.32 billion rupees a year earlier, according to a regulatory filing.
Analysts had expected 7.14 billion rupees, according to data compiled by LSEG.
($1 = 84.6600 Indian rupees)
(Reporting by Praveen Paramasivam in Chennai and Ananta Agarwal in Bengaluru)
((Praveen.Paramasivam@thomsonreuters.com; +91 867-525-3569;))
PREVIEW-India's Jubilant pulls ahead of KFC, McDonald's as fourth-quarter earnings near
KFC, McDonald's face pressure from inflation, local competition
Jubilant's digital strategy boosts sales; margins under pressure
Fried chicken to drive long-term growth
By Shivani Tanna and Praveen Paramasivam
May 5 (Reuters) - India's Jubilant FoodWorks' JUBI.NS strong sales growth for the March quarter is set to outpace rivals whose franchisees are expected to report muted growth despite value-focused promotions, several analysts said.
Operators of U.S. chains KFC YUM.N, McDonald's MCD.N and Burger King QSR.TO are likely to report a decline to mid-single-digit growth in same-store sales, as inflation-hit consumers cut back and local competition intensifies, according to six brokerages.
Jubilant, however, has already flagged a 12.1% increase in like-for-like sales in India in its quarterly update, which analysts say has benefited from its focus on online sales, discounts on third-party platforms, and a waiver of delivery fees on app orders.
Other franchisees have not issued sales updates. Sapphire kicks off earnings for the sector on Wednesday.
"Competitive intensity is growing in fried chicken and burger and the larger existing players like KFC and McDonald's don't have anything different to offer versus rivals," said Karan Taurani, an analyst at Elara Securities.
"Jubilant is performing the best of the lot," Taurani said, adding that its investments into 20-minute in-house delivery and app-led orders are helping reduce its reliance on third-party platforms, which rivals are heavily dependent on.
India's fast-food sector is cooling as inflation-hit consumers cut back, with franchisees relying on discounts to stay competitive in a crowded market.
Unlike Jubilant, which has pushed delivery and app-based offers, KFC and McDonald's franchisees rely more on dine-in traffic and face growing pressure from local cafes and restaurants, analysts said.
Jubilant reported a 34% jump in consolidated revenue to 21.07 billion rupees ($250.05 million) for the March quarter.
While Jubilant's digital strategy has delivered steady outperformance through the year, analysts expect its profit margins — like those of other operators — to remain under pressure in the March quarter, partly due to rising raw material and marketing costs.
Three brokerages expect Jubilant's core earnings margin — a metric the restaurant operator aims to boost over the next few quarters by tightening its costs — to be unchanged from a year earlier.
However, some analysts see fried chicken as a key long-term growth category, despite the challenge of sameness.
"If you see from a longer-term perspective, the next growth driver is the overall fried chicken category in India, but there would be some pressure for one or two quarters," said Preeyam Tolia of Axis Securities.
($1 = 84.2630 Indian rupees)
Year-to-date performance of India's top fast-food chains https://reut.rs/431dhh8
Jubilant's sales growth comes at the expense of margins https://reut.rs/3GASQjX
(Reporting by Shivani Tanna and Bharath Rajeswaran in Bengaluru and Praveen Paramasivam in Chennai; Editing by Nivedita Bhattacharjee)
KFC, McDonald's face pressure from inflation, local competition
Jubilant's digital strategy boosts sales; margins under pressure
Fried chicken to drive long-term growth
By Shivani Tanna and Praveen Paramasivam
May 5 (Reuters) - India's Jubilant FoodWorks' JUBI.NS strong sales growth for the March quarter is set to outpace rivals whose franchisees are expected to report muted growth despite value-focused promotions, several analysts said.
Operators of U.S. chains KFC YUM.N, McDonald's MCD.N and Burger King QSR.TO are likely to report a decline to mid-single-digit growth in same-store sales, as inflation-hit consumers cut back and local competition intensifies, according to six brokerages.
Jubilant, however, has already flagged a 12.1% increase in like-for-like sales in India in its quarterly update, which analysts say has benefited from its focus on online sales, discounts on third-party platforms, and a waiver of delivery fees on app orders.
Other franchisees have not issued sales updates. Sapphire kicks off earnings for the sector on Wednesday.
"Competitive intensity is growing in fried chicken and burger and the larger existing players like KFC and McDonald's don't have anything different to offer versus rivals," said Karan Taurani, an analyst at Elara Securities.
"Jubilant is performing the best of the lot," Taurani said, adding that its investments into 20-minute in-house delivery and app-led orders are helping reduce its reliance on third-party platforms, which rivals are heavily dependent on.
India's fast-food sector is cooling as inflation-hit consumers cut back, with franchisees relying on discounts to stay competitive in a crowded market.
Unlike Jubilant, which has pushed delivery and app-based offers, KFC and McDonald's franchisees rely more on dine-in traffic and face growing pressure from local cafes and restaurants, analysts said.
Jubilant reported a 34% jump in consolidated revenue to 21.07 billion rupees ($250.05 million) for the March quarter.
While Jubilant's digital strategy has delivered steady outperformance through the year, analysts expect its profit margins — like those of other operators — to remain under pressure in the March quarter, partly due to rising raw material and marketing costs.
Three brokerages expect Jubilant's core earnings margin — a metric the restaurant operator aims to boost over the next few quarters by tightening its costs — to be unchanged from a year earlier.
However, some analysts see fried chicken as a key long-term growth category, despite the challenge of sameness.
"If you see from a longer-term perspective, the next growth driver is the overall fried chicken category in India, but there would be some pressure for one or two quarters," said Preeyam Tolia of Axis Securities.
($1 = 84.2630 Indian rupees)
Year-to-date performance of India's top fast-food chains https://reut.rs/431dhh8
Jubilant's sales growth comes at the expense of margins https://reut.rs/3GASQjX
(Reporting by Shivani Tanna and Bharath Rajeswaran in Bengaluru and Praveen Paramasivam in Chennai; Editing by Nivedita Bhattacharjee)
Jubilant Foodworks Gets Tax Demand Of 179.1 Million Rupees
April 23 (Reuters) - Jubilant Foodworks Ltd JUBI.NS:
JUBILANT FOODWORKS - GETS TAX DEMAND OF 179.1 MILLION RUPEES, PENALTY OF 179.1 MILLION RUPEES
Source text: ID:nBSEbPmRP2
Further company coverage: JUBI.NS
April 23 (Reuters) - Jubilant Foodworks Ltd JUBI.NS:
JUBILANT FOODWORKS - GETS TAX DEMAND OF 179.1 MILLION RUPEES, PENALTY OF 179.1 MILLION RUPEES
Source text: ID:nBSEbPmRP2
Further company coverage: JUBI.NS
Jubilant Foodworks Launches Android-Based POS System 'Elate'
March 27 (Reuters) - Jubilant Foodworks Ltd JUBI.NS:
LAUNCHES ANDROID-BASED POS SYSTEM 'ELATE'
Source text: ID:nBSEbXhjQR
Further company coverage: JUBI.NS
March 27 (Reuters) - Jubilant Foodworks Ltd JUBI.NS:
LAUNCHES ANDROID-BASED POS SYSTEM 'ELATE'
Source text: ID:nBSEbXhjQR
Further company coverage: JUBI.NS
Turkish lira's fall potential risk for India's Jubilant FoodWorks, CLSA says
March 20 (Reuters) - ** Shares of Jubilant FoodWorks JUBI.NS fall as much as 2.73% to 620 rupees apiece
** Drop after CLSA says depreciation of Turkish lira is a potential risk for food service company
** Lira depreciated 5% on Wednesday and is down 8.5% YTD
** In early 2024 JUBI acquired DP Eurasia, which operates in Turkey, Azerbaijan and Georgia, and contributed 31% of JUBI's overall sales in December quarter
** JUBI's debt stands at 12.3 billion rupees ($142 million), of which 80% is payable from Turkish cashflow
** "Depreciation of the Lira would lead to additional interest cost burden for JUBI in repayment of debt taken to acquire DP Eurasia," says Aditya Soman, analyst at CLSA
** Average rating of 28 analysts tracking JUBI is "buy"; median TP is 700 rupees - data compiled by LSEG
** JUBI shares down 12.5% YTD vs 11% drop in midcap index .NIFMDCP100
($1 = 86.3825 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))
March 20 (Reuters) - ** Shares of Jubilant FoodWorks JUBI.NS fall as much as 2.73% to 620 rupees apiece
** Drop after CLSA says depreciation of Turkish lira is a potential risk for food service company
** Lira depreciated 5% on Wednesday and is down 8.5% YTD
** In early 2024 JUBI acquired DP Eurasia, which operates in Turkey, Azerbaijan and Georgia, and contributed 31% of JUBI's overall sales in December quarter
** JUBI's debt stands at 12.3 billion rupees ($142 million), of which 80% is payable from Turkish cashflow
** "Depreciation of the Lira would lead to additional interest cost burden for JUBI in repayment of debt taken to acquire DP Eurasia," says Aditya Soman, analyst at CLSA
** Average rating of 28 analysts tracking JUBI is "buy"; median TP is 700 rupees - data compiled by LSEG
** JUBI shares down 12.5% YTD vs 11% drop in midcap index .NIFMDCP100
($1 = 86.3825 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))
Jubilant Foodworks Gets Order Demands GST Of 27.2 Million Rupees
Feb 28 (Reuters) - Jubilant Foodworks Ltd JUBI.NS:
GETS ORDER DEMANDS GST OF 27.2 MILLION RUPEES
Source text: ID:nBSE15rSWK
Further company coverage: JUBI.NS
Feb 28 (Reuters) - Jubilant Foodworks Ltd JUBI.NS:
GETS ORDER DEMANDS GST OF 27.2 MILLION RUPEES
Source text: ID:nBSE15rSWK
Further company coverage: JUBI.NS
Jubilant Foodworks chair calls allegations against him 'baseless'
By Arpan Chaturvedi and Indranil Sarkar
NEW DELHI/BENGALURU, Feb 25 (Reuters) - Jubilant Foodworks JUBI.NS said on Tuesday that its Chair Shyam Bhartia has called allegations against him "baseless", following media coverage of a court petition and a police complaint in which an Indian actor accused Bhartia of raping her.
Jubilant, which operates Domino's Pizza, Popeyes and Dunkin' Donuts restaurants across India, said it issued the statement in light of regulatory requirements, after Bhartia told the company that the allegations were "baseless, false and disparaging, and made with clear malafide intent against him."
The court petition and a police complaint, seen by Reuters on Tuesday, show that the actor accused Bhartia of raping her on several occasions. The court petition also accused an alleged associate of Bhartia's of recording the act and blackmailing the actor. The actor's name cannot be disclosed under Indian law.
Bhartia, whose family owns more than a 40% stake in Jubilant Foodworks, has not made any public statements, and he could not be directly reached for comment.
The police did not answer calls seeking comment, while the actor's legal team declined to comment.
Jubilant said an investigation into the allegations is ongoing and it had no additional comment. It said Bhartia would fully cooperate with the investigation.
(Reporting by Indranil Sarkar in Bengaluru, Arpan Chaturvedi in New Delhi and Dhwani Pandya in Mumbai; Editing by Dhanya Skariachan and Lisa Shumaker)
((Indranil.Sarkar@thomsonreuters.com; Mobile: +91 7022132226;))
By Arpan Chaturvedi and Indranil Sarkar
NEW DELHI/BENGALURU, Feb 25 (Reuters) - Jubilant Foodworks JUBI.NS said on Tuesday that its Chair Shyam Bhartia has called allegations against him "baseless", following media coverage of a court petition and a police complaint in which an Indian actor accused Bhartia of raping her.
Jubilant, which operates Domino's Pizza, Popeyes and Dunkin' Donuts restaurants across India, said it issued the statement in light of regulatory requirements, after Bhartia told the company that the allegations were "baseless, false and disparaging, and made with clear malafide intent against him."
The court petition and a police complaint, seen by Reuters on Tuesday, show that the actor accused Bhartia of raping her on several occasions. The court petition also accused an alleged associate of Bhartia's of recording the act and blackmailing the actor. The actor's name cannot be disclosed under Indian law.
Bhartia, whose family owns more than a 40% stake in Jubilant Foodworks, has not made any public statements, and he could not be directly reached for comment.
The police did not answer calls seeking comment, while the actor's legal team declined to comment.
Jubilant said an investigation into the allegations is ongoing and it had no additional comment. It said Bhartia would fully cooperate with the investigation.
(Reporting by Indranil Sarkar in Bengaluru, Arpan Chaturvedi in New Delhi and Dhwani Pandya in Mumbai; Editing by Dhanya Skariachan and Lisa Shumaker)
((Indranil.Sarkar@thomsonreuters.com; Mobile: +91 7022132226;))
Domino's India operator posts 35% drop in quarterly profit on higher expenses
Recasts to add details on same-store-sales and profit margin in paragraphs 9-10, shares in paragraph 13
Feb 12 (Reuters) - India's Jubilant Foodworks JUBI.NS reported a nearly 35% decline in quarterly profit on Wednesday, as the Domino's Pizza
Jubilant reported a profit of 429.1 million rupees ($4.94 million) for the quarter ended December 31, down from a year-ago profit of 657.09 million rupees.
Weary of persistently high inflation in rent and food costs, budget-conscious Indian consumers have been gravitating towards bargain deals.
Jubilant, like other quick service franchises in the country, has launched value meals to increase footfall in its restaurants and rake in more orders via delivery apps.
The company has launched smaller pizzas priced at around a dollar and lunch combinations for less than two dollars. It has also been waiving delivery fees on its app orders.
As of November last year, the company had not raised prices on its items for at least two years, despite cost inflation, to gain market share.
While these measures have aided topline growth, profit margins have suffered.
Revenue from operations for the third quarter rose about 56% to 25.51 billion rupees.
Same-store sales increased 12.5% year-on-year at its Domino's restaurants In India. They had declined 2.9% the previous year. Average daily spend in older restaurants rose 12.5% to nearly 86,000 rupees.
However, expenses surged 59.3% year-on-year fuelled by higher sequential store expansions and higher wage and food costs, dragging the core profit margin in the quarter down 163 basis points to 18.7% from last year.
Compared to 73 net store additions in the second quarter, Jubilant added 130 new stores in the third. Of these, 67 were Domino's stores in India.
Rival Sapphire Foods SAPI.NS reported an 18.1% rise in quarterly profit, with same-store sales at its Pizza Hut restaurants in India increasing 5%.
Jubilant's shares ended 3% lower after the results.
($1 = 86.8775 Indian rupees)
(Reporting by Ananta Agarwal in Bengaluru; Editing by Eileen Soreng and Mrigank Dhaniwala)
Recasts to add details on same-store-sales and profit margin in paragraphs 9-10, shares in paragraph 13
Feb 12 (Reuters) - India's Jubilant Foodworks JUBI.NS reported a nearly 35% decline in quarterly profit on Wednesday, as the Domino's Pizza
Jubilant reported a profit of 429.1 million rupees ($4.94 million) for the quarter ended December 31, down from a year-ago profit of 657.09 million rupees.
Weary of persistently high inflation in rent and food costs, budget-conscious Indian consumers have been gravitating towards bargain deals.
Jubilant, like other quick service franchises in the country, has launched value meals to increase footfall in its restaurants and rake in more orders via delivery apps.
The company has launched smaller pizzas priced at around a dollar and lunch combinations for less than two dollars. It has also been waiving delivery fees on its app orders.
As of November last year, the company had not raised prices on its items for at least two years, despite cost inflation, to gain market share.
While these measures have aided topline growth, profit margins have suffered.
Revenue from operations for the third quarter rose about 56% to 25.51 billion rupees.
Same-store sales increased 12.5% year-on-year at its Domino's restaurants In India. They had declined 2.9% the previous year. Average daily spend in older restaurants rose 12.5% to nearly 86,000 rupees.
However, expenses surged 59.3% year-on-year fuelled by higher sequential store expansions and higher wage and food costs, dragging the core profit margin in the quarter down 163 basis points to 18.7% from last year.
Compared to 73 net store additions in the second quarter, Jubilant added 130 new stores in the third. Of these, 67 were Domino's stores in India.
Rival Sapphire Foods SAPI.NS reported an 18.1% rise in quarterly profit, with same-store sales at its Pizza Hut restaurants in India increasing 5%.
Jubilant's shares ended 3% lower after the results.
($1 = 86.8775 Indian rupees)
(Reporting by Ananta Agarwal in Bengaluru; Editing by Eileen Soreng and Mrigank Dhaniwala)
India's Jubilant FoodWorks at near 3-year high on strong Q3 update
** Domino's India operator Jubilant FoodWorks JUBI.NS rises as much as 5% to 796.75 rupees, highest since Jan. 17, 2022
** Stock set for fourth straight session of gains
** Co says its Q3 consol rev from ops up 56.2% Y/Y, standalone rev from ops up 18.9% Y/Y
** JUBI logs most active trading session since Nov. 12, 2024, with more than 6.1 mln shares traded - 3.2x the 30-day avg
** Stock rated "hold" on avg; median PT is 630.50 rupees - LSEG
** JUBI rose 5.3% in December quarter - its third straight quarterly gain
(Reporting by Ashish Chandra in Bengaluru)
((ashish.chandra@thomsonreuters.com (+91 7982114624))
** Domino's India operator Jubilant FoodWorks JUBI.NS rises as much as 5% to 796.75 rupees, highest since Jan. 17, 2022
** Stock set for fourth straight session of gains
** Co says its Q3 consol rev from ops up 56.2% Y/Y, standalone rev from ops up 18.9% Y/Y
** JUBI logs most active trading session since Nov. 12, 2024, with more than 6.1 mln shares traded - 3.2x the 30-day avg
** Stock rated "hold" on avg; median PT is 630.50 rupees - LSEG
** JUBI rose 5.3% in December quarter - its third straight quarterly gain
(Reporting by Ashish Chandra in Bengaluru)
((ashish.chandra@thomsonreuters.com (+91 7982114624))
India's Jubilant FoodWorks at 3-yr high; Jefferies, Motilal hike PTs
** Domino's India-operator Jubilant FoodWorks JUBI.NS climbs 2.3% to 755.65 rupees, highest since Jan. 2022
** Jefferies ("buy") hikes PT to Street-high of 1,000 rupees, implying a 35% upside to last close
** Motilal Oswal ("neutral") raises PT by 28% to 800 rupees, 2nd-highest on Street and an 8.2% upside to last close
** All the other 26 brokerages have a PT that is below JUBI's current price, per LSEG data; their avg rating is "hold"
** Jefferies expects growth boosters --such as no delivery fee, dine-in meal at 99 rupees --to lift same-store sales growth
** JUBI CEO Sameer Khetarpal told Motilal he was optimistic on margin recovery as order volumes, operational efficiencies improve
** JUBI gained 27% in 2024, biggest annual jump since 2021
(Reporting by Manvi Pant in Bengaluru)
((Manvi.Pant@thomsonreuters.com; +918447554364;))
** Domino's India-operator Jubilant FoodWorks JUBI.NS climbs 2.3% to 755.65 rupees, highest since Jan. 2022
** Jefferies ("buy") hikes PT to Street-high of 1,000 rupees, implying a 35% upside to last close
** Motilal Oswal ("neutral") raises PT by 28% to 800 rupees, 2nd-highest on Street and an 8.2% upside to last close
** All the other 26 brokerages have a PT that is below JUBI's current price, per LSEG data; their avg rating is "hold"
** Jefferies expects growth boosters --such as no delivery fee, dine-in meal at 99 rupees --to lift same-store sales growth
** JUBI CEO Sameer Khetarpal told Motilal he was optimistic on margin recovery as order volumes, operational efficiencies improve
** JUBI gained 27% in 2024, biggest annual jump since 2021
(Reporting by Manvi Pant in Bengaluru)
((Manvi.Pant@thomsonreuters.com; +918447554364;))
Jubilant Foodworks Enters Pact With Coca-Cola India
Dec 26 (Reuters) - Jubilant Foodworks Ltd JUBI.NS:
ENTERED INTO A MEMORANDUM OF UNDERSTANDING WITH COCA-COLA INDIA
PACT FOR TERMS FOR PURCHASE OF PORTFOLIO OF SPARKLING BEVERAGE PRODUCTS, OTHER PRODUCTS FROM COCA-COLA
Further company coverage: JUBI.NS
Dec 26 (Reuters) - Jubilant Foodworks Ltd JUBI.NS:
ENTERED INTO A MEMORANDUM OF UNDERSTANDING WITH COCA-COLA INDIA
PACT FOR TERMS FOR PURCHASE OF PORTFOLIO OF SPARKLING BEVERAGE PRODUCTS, OTHER PRODUCTS FROM COCA-COLA
Further company coverage: JUBI.NS
Jubilant Bhartia Group Announces Strategic Investment In Hindustan Coca-Cola Holdings
Dec 11 (Reuters) -
JUBILANT BHARTIA GROUP ANNOUNCES STRATEGIC INVESTMENT IN HINDUSTAN COCA-COLA HOLDINGS
JUBILANT BHARTIA GROUP: TO BUY 40% STAKE IN HINDUSTAN COCA-COLA HOLDINGS VIA JUBILANT BEVERAGES
Dec 11 (Reuters) -
JUBILANT BHARTIA GROUP ANNOUNCES STRATEGIC INVESTMENT IN HINDUSTAN COCA-COLA HOLDINGS
JUBILANT BHARTIA GROUP: TO BUY 40% STAKE IN HINDUSTAN COCA-COLA HOLDINGS VIA JUBILANT BEVERAGES
India's Jubilant Foodworks jumps 8% as same-store sales continues to rise
** Shares of Jubilant Foodworks JUBI.NS jump 7.9% to 649.75 rupees
** Domino's Pizza India restaurant operator posts positive same-store sales growth for second quarter in a row, while peers still in negative territory nL4N3MI0PZ
** Jefferies says it likes JUBI's strategy of "growth over margins" and avoiding price hikes; maintains "buy"
** Elara Capital ("reduce") says JUBI will benefit most from rising trend of ordering in, rather than dining out
** Over 10.9 mln shares traded, 6x 30-day avg volume
** Analysts rate JUBI "hold", on avg -LSEG data
** But at least 9 PT hikes, incl by Jefferies and Elara, lifts the median to 620 rupees from 600 rupees last month
** JUBI extends YTD gains to 15%, most among restaurant operators
(Reporting by Nandan Mandayam in Bengaluru)
((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))
** Shares of Jubilant Foodworks JUBI.NS jump 7.9% to 649.75 rupees
** Domino's Pizza India restaurant operator posts positive same-store sales growth for second quarter in a row, while peers still in negative territory nL4N3MI0PZ
** Jefferies says it likes JUBI's strategy of "growth over margins" and avoiding price hikes; maintains "buy"
** Elara Capital ("reduce") says JUBI will benefit most from rising trend of ordering in, rather than dining out
** Over 10.9 mln shares traded, 6x 30-day avg volume
** Analysts rate JUBI "hold", on avg -LSEG data
** But at least 9 PT hikes, incl by Jefferies and Elara, lifts the median to 620 rupees from 600 rupees last month
** JUBI extends YTD gains to 15%, most among restaurant operators
(Reporting by Nandan Mandayam in Bengaluru)
((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))
Jubilant Foodworks Q2 Consol Net Profit At 640.5 Million Rupees
Nov 11 (Reuters) - Jubilant Foodworks Ltd JUBI.NS:
JUBILANT FOODWORKS Q2 CONSOL NET PROFIT 640.5 MILLION RUPEES; IBES EST. 635.2 MILLION RUPEES
JUBILANT FOODWORKS Q2 CONSOL REVENUE FROM OPERATIONS 19.55 BILLION RUPEES
Source text: ID:nBSE9q2qcF
Further company coverage: JUBI.NS
Nov 11 (Reuters) - Jubilant Foodworks Ltd JUBI.NS:
JUBILANT FOODWORKS Q2 CONSOL NET PROFIT 640.5 MILLION RUPEES; IBES EST. 635.2 MILLION RUPEES
JUBILANT FOODWORKS Q2 CONSOL REVENUE FROM OPERATIONS 19.55 BILLION RUPEES
Source text: ID:nBSE9q2qcF
Further company coverage: JUBI.NS
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What does Jubilant FoodWorks do?
Jubilant FoodWorks Limited is India's largest and fastest growing food service company, operating through renowned brands like Domino's Pizza and Dunkin' Donuts.
Who are the competitors of Jubilant FoodWorks?
Jubilant FoodWorks major competitors are Devyani Internatl., Westlife Development, Sapphire Foods India, Restau. Brands Asia. Market Cap of Jubilant FoodWorks is ₹29,485 Crs. While the median market cap of its peers are ₹6,049 Crs.
Is Jubilant FoodWorks financially stable compared to its competitors?
Jubilant FoodWorks seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Jubilant FoodWorks pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Jubilant FoodWorks latest dividend payout ratio is 37.57% and 3yr average dividend payout ratio is 26.61%
How has Jubilant FoodWorks allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery
How strong is Jubilant FoodWorks balance sheet?
Balance sheet of Jubilant FoodWorks is strong. But short term working capital might become an issue for this company.
Is the profitablity of Jubilant FoodWorks improving?
The profit is oscillating. The profit of Jubilant FoodWorks is ₹404 Crs for TTM, ₹211 Crs for Mar 2025 and ₹399 Crs for Mar 2024.
Is the debt of Jubilant FoodWorks increasing or decreasing?
Yes, The net debt of Jubilant FoodWorks is increasing. Latest net debt of Jubilant FoodWorks is ₹1,439 Crs as of Sep-25. This is greater than Mar-25 when it was ₹1,211 Crs.
Is Jubilant FoodWorks stock expensive?
Jubilant FoodWorks is not expensive. Latest PE of Jubilant FoodWorks is 74.33, while 3 year average PE is 113. Also latest EV/EBITDA of Jubilant FoodWorks is 17.32 while 3yr average is 31.06.
Has the share price of Jubilant FoodWorks grown faster than its competition?
Jubilant FoodWorks has given better returns compared to its competitors. Jubilant FoodWorks has grown at ~-1.27% over the last 4yrs while peers have grown at a median rate of -7.0%
Is the promoter bullish about Jubilant FoodWorks?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Jubilant FoodWorks is 40.27% and last quarter promoter holding is 40.27%.
Are mutual funds buying/selling Jubilant FoodWorks?
The mutual fund holding of Jubilant FoodWorks is increasing. The current mutual fund holding in Jubilant FoodWorks is 28.55% while previous quarter holding is 27.27%.
