Jubilant Foodworks Ltd

The company's standalone revenue from operations advanced 19.1% YoY to Rs 1,587.2 crore in Q4FY25. The firm added that Domino's India like-for-like ('LFL') growth came in at 12.1%, while Domino's Turkey LFL growth (post-IAS-29) came in at 0.9%. As of the quarter's end, the JFL Group network reached 3,316 stores, with a net addition of 56 stores during the quarter. Domino's India opened 52 net new stores, ending the quarter with 2,179 stores, while Domino's Turkey opened 8 net new stores, ending the quarter with 746 stores. Jubilant FoodWorks (JFL/Company) is part of the Jubilant Bhartia Group and is one of India's largest food service companies. The company holds the master franchise rights for two international brands, Domino's Pizza and Dunkin' Donuts, addressing two different food market segments and now has Popeyes in its food segment. The company also launched its first homegrown brand'Hong's Kitchen in the Chinese cuisine segment. The company's consolidated net profit from continuing operations plunged 24.47% to Rs 496.31 crore in Q3 FY25 as compared with Rs 657.09 crore in Q3 FY24. However, revenue from operations jumped 56.07% YoY to Rs 2,150.76 crore in Q3 FY25. Shares of Jubilant FoodWorks declined 3.21% to currently trade at Rs 658 on the BSE.Powered by Capital Market - Live

Jubilant Foodworks announced that Chitrank Goel, Executive Vice President and Business Head, Dunkin and Senior Managerial Personnel (SMP) of the Company, has resigned from the services of the Company vide resignation letter dated 11 March 2025. His last working day would be 15 April 2025 (close of business hours). Powered by Capital Market - Live

Net profit of Jubilant Foodworks declined 34.70% to Rs 42.91 crore in the quarter ended December 2024 as against Rs 65.71 crore during the previous quarter ended December 2023. Sales rose 56.06% to Rs 2150.76 crore in the quarter ended December 2024 as against Rs 1378.12 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales2150.761378.12 56 OPM %18.6820.33 - PBDT285.63237.35 20 PBT77.8085.84 -9 NP42.9165.71 -35 Powered by Capital Market - Live

However, revenue from operations jumped 56.07% YoY to Rs 2,150.76 crore in Q3 FY25. Profit before tax(PBT) was at Rs 733.01 crore, down 14.61% as compared with Rs 858.40 crore in Q3 FY24. In Q3 FY25, EBITDA jumped 43.5% YoY to Rs 402 crore. EBITDA margin reduced 163 bps YoY to 18.7%. In India segment, revenue from operations stood at Rs 161.1 crore, registered a growth of 18.9% driven by 18.3% growth in Domino's India. Domino's like for like (LFL) came in at 12.5% with Domino's Delivery LFL at 24.7%. Order growth came in at 33.8%. A total of 67 net stores were added across all brands in India, ending the period with 2,266 stores. The company opened 60 new stores and entered 19 new cities - network is now 2,139 stores strong serving consumers across 466 cities. In International segment, Turkey, Azerbaijan and Georgia, DP Eurasia system sales came in at Rs 7,54.4 crore. Revenue from Operations of Rs 504.4 crore, higher by 9.5% quarter-on-quarter, scaled a new peak. Sri Lanka delivered a record Q3 performance, with revenue up 65.4% year-over-year to Rs 21.3 crore, driven entirely by same-store sales growth(SSSG). Strategic initiatives, including store relocations, new product launches, and focused marketing campaigns, fuelled this impressive turnaround. Revenue from Domino's Bangladesh came in at Rs 17.3 crore, higher by 38.6%. A total of 63 net stores were added across all brands in the International markets, ending the period with 994 stores. Shyam S. Bhartia, chairman and Hari S. Bhartia, co-chairman, Jubilant FoodWorks, commented, 'Q3 FY25 was a defining quarter for the Company. This success underscores the strength of our strategy and our team's dedication. We remain focused on further strengthening Domino's, enhancing the customer experience, and accelerating the path to profitability for our emerging brands. We are confident that our customer-centric approach and investments in technology and innovation will continue to drive sustainable, profitable growth.' Sameer Khetarpal, CEO and MD of Jubilant FoodWorks, commented, 'This is a quarter of new highs. Not only in Revenue but also in same store sales growth, store expansion, app traffic, app conversion, customer loyalty, new customer acquisition and highest absolute EBITDA. We remain focused on building platforms and accelerating our prowess as a food-tech company.' Jubilant FoodWorks ranks among the leading emerging markets' food service companies. Its group network comprises 3,130 stores across six markets: India, Turkey, Bangladesh, Sri Lanka, Azerbaijan, and Georgia. The Group has a strong portfolio of brands in emerging markets with franchise rights for three global brands'Dollar's, Popeyes, and Dunkin''and' two own brands'Hong's Kitchen, an Indo-Chinese QSR brand in India, and a CAF' brand'COFFY in Turkey.Powered by Capital Market - Live

Jubilant Foodworks will hold a meeting of the Board of Directors of the Company on 12 February 2025.Powered by Capital Market - Live

Jubilant FoodWorks standalone revenue from operations advanced 18.9% YoY to Rs 1,611.1 crore in Q3. The company added that Domino's India Like-for-Like ('LFL') growth came in at 12.5%, while Domino's Turkey LFL growth (Post-IAS-29) came in at 3.2%. As of the quarter's end, the JFL Group network reached 3,260 stores, with a net addition of 130 stores during the quarter. Domino's India opened 60 net new stores, ending the quarter with 2,139 stores, while Domino's Turkey opened 25 net new stores, ending the quarter with 738 stores. Jubilant FoodWorks ranks among the leading emerging markets' food service companies. Its group network comprises 3,130 stores across six markets: India, Turkey, Bangladesh, Sri Lanka, Azerbaijan, and Georgia. The Group has a strong portfolio of brands in emerging markets with franchise rights for three global brands'Dollar's, Popeyes, and Dunkin''and' two own brands'Hong's Kitchen, an Indo-Chinese QSR brand in India, and a CAF' brand'COFFY in Turkey. The company's net profit fell 26.4% to Rs 71.5 crore on a 42.8% increase in revenue to Rs 1,954.7 crore in Q2 September 2024 over Q2 September 2023.Powered by Capital Market - Live

Under the terms of the agreement, Jubilant FoodWorks will acquire a portfolio of sparkling beverage products and select other items from the Coca-Cola Company's authorized bottlers. The company will conduct marketing activities for the specified products as outlined in the agreement. A master agreement will be executed between the parties, starting from 1 April 2025, based on the principal terms of the MoU, with additional terms aligned to the size and scale of such arrangements. Jubilant FoodWorks ranks among the leading emerging markets' food service companies. Its group network comprises 3,130 stores across six markets: India, Turkey, Bangladesh, Sri Lanka, Azerbaijan, and Georgia. The Group has a strong portfolio of brands in emerging markets with franchise rights for three global brands'Dollar's, Popeyes, and Dunkin''and' two own brands'Hong's Kitchen, an Indo-Chinese QSR brand in India, and a CAF' brand'COFFY in Turkey. The company's net profit fell 26.4% to Rs 71.5 crore on a 42.8% increase in revenue to Rs 1954.7 crore in Q2 September 2024 over Q2 September 2023. Powered by Capital Market - Live

CRISIL Ratings said that the rating continues to reflect the established market position of JFL in the food service market, robust supply-chain network, over 27 years of experience in the business, supportive operating environment with rising disposable income and a younger population, and strong financial risk profile. These strengths are partially offset by concentration of revenue and profitability, which is driven by Domino's Pizza; and its susceptibility to competitive intensity and cost pressures. The agency further said that a substantial decline in revenue with operating margin falling to below 7-8%, impacting cash generation; and any large, debt-funded capital expenditure or acquisition weakening the financial risk profile substantially on a sustained basis. Jubilant FoodWorks ranks among the leading emerging markets' food service companies. Its Group network comprises 3,130 stores (as of September 2024) across six markets ' India, Turkey, Bangladesh, Sri Lanka, Azerbaijan and Georgia. The Group has a strong Portfolio of Brands in emerging markets with franchise rights for three global brands - Domino's, Popeyes and Dunkin' ' and two own-brands, Hong's Kitchen, an Indo-Chinese QSR brand in India, and a CAFÉ brand - COFFY in Turkey. The scrip fell 1.02% to currently trade at Rs 676.10 on the BSE. Powered by Capital Market - Live

The company's net profit fell 26.4% to Rs 71.5 crore on 42.8% increase in revenue to Rs 1954.7 crore in Q2 September 2024 over Q2 September 2023. Profit before tax stood at Rs 86.99 crore in Q2 FY25, up 9.24% sequentially, but down 27.8% year-on-year. EBITDA was at Rs 398.6 crore in Q2FY25, up 4.1% sequentially, and 43.8% year-on-year. EBITDA margins were at 20.4% in Q2FY25 as against 20.3% in Q2FY24. The firm's total expenses rose 42.5% YoY to Rs 1757.57 crore in Q2FY25. Raw material and beverage cost surged 65% YoY to Rs 537.90 crore during the period under review. The Group System Sales came in at Rs 2271.90 crore during the quarter. In India Segment, revenue from operations came in at Rs 1466.9 crore, a growth of 9.1% driven by 8.1% growth in Domino's India. Domino's LFL came in at 2.8% with Domino's Delivery LFL at 11.4%. EBITDA was Rs. 2,842 million and EBITDA margin came in at 19.4%. PAT was Rs 521 million and PAT margin came in at 3.5%. A total of 51 net stores were added across all brands in India, ending the period with 2,199 stores. In international segment, Turkey, Azerbaijan and Georgia, DP Eurasia system sales came in at Rs 771.9 crore. Revenue from Operations came in at Rs 460.5 crore. EBITDA margin came in at 26.1%. PAT margin was strong at 10.5%. Revenue from Domino's Bangladesh came in at Rs 12.6 crore, lower by 5.3% on account of temporary store closures amidst a challenging operating environment. All stores are now operational. Revenue from Domino's Sri Lanka came in at Rs 17 crore, up by 33.6%. Strategic store relocations, new product launches, and focused local initiatives led to a strong performance. A total of 22 net stores were added across all brands in the International markets, ending the period with 931 stores. Jubilant FoodWorks ranks among the leading emerging markets' food service companies. Its Group network comprises 3,130 stores across six markets ' India, Turkey, Bangladesh, Sri Lanka, Azerbaijan and Georgia. The Group has a strong Portfolio of Brands in emerging markets with franchise rights for three global brands - Domino's, Popeyes and Dunkin' ' and two own-brands, Hong's Kitchen, an Indo-Chinese QSR brand in India, and a CAF' brand - COFFY in Turkey. Powered by Capital Market - Live

Net profit of Jubilant Foodworks declined 34.10% to Rs 64.05 crore in the quarter ended September 2024 as against Rs 97.20 crore during the previous quarter ended September 2023. Sales rose 42.82% to Rs 1954.72 crore in the quarter ended September 2024 as against Rs 1368.63 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1954.721368.63 43 OPM %20.2820.25 - PBDT288.43262.41 10 PBT86.99120.53 -28 NP64.0597.20 -34 Powered by Capital Market - Live