Jubilant Foodworks Ltd
Jubilant FoodWorks Limited (JFL/Company) is part of the Jubilant Bhartia Group and is one of the India’s largest food service Company. 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 Chinese cuisine segment. [1]
- Market Cap ₹ 47,034 Cr.
- Current Price ₹ 713
- High / Low ₹ 797 / 436
- Stock P/E 240
- Book Value ₹ 34.7
- Dividend Yield 0.17 %
- ROCE 12.1 %
- ROE 11.6 %
- Face Value ₹ 2.00
Pros
- Company has been maintaining a healthy dividend payout of 24.7%
Cons
- Stock is trading at 20.6 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Quick Service Restaurant Industry: Hotels
Part of BSE MidCap Nifty 200 Nifty Total Market Nifty200 Alpha30 Nifty Midcap150 Momentum 50
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,408 | 1,724 | 2,074 | 2,410 | 2,546 | 2,980 | 3,531 | 3,886 | 3,269 | 4,331 | 5,096 | 5,341 | 5,849 | |
1,162 | 1,468 | 1,810 | 2,137 | 2,296 | 2,532 | 2,920 | 3,002 | 2,493 | 3,219 | 3,926 | 4,232 | 4,719 | |
Operating Profit | 246 | 255 | 264 | 274 | 250 | 448 | 611 | 884 | 775 | 1,113 | 1,170 | 1,109 | 1,129 |
OPM % | 17% | 15% | 13% | 11% | 10% | 15% | 17% | 23% | 24% | 26% | 23% | 21% | 19% |
6 | 9 | 6 | 10 | -1 | 21 | 36 | 17 | 62 | 25 | -7 | 2 | 2 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 163 | 161 | 173 | 195 | 224 | 255 |
Depreciation | 55 | 77 | 98 | 124 | 151 | 156 | 152 | 344 | 367 | 383 | 475 | 568 | 646 |
Profit before tax | 197 | 188 | 172 | 159 | 98 | 313 | 494 | 394 | 309 | 582 | 492 | 318 | 231 |
Tax % | 32% | 33% | 28% | 33% | 31% | 34% | 35% | 30% | 24% | 25% | 28% | 27% | |
135 | 126 | 123 | 107 | 67 | 206 | 323 | 275 | 234 | 438 | 356 | 234 | 170 | |
EPS in Rs | 2.07 | 1.92 | 1.88 | 1.62 | 1.02 | 3.13 | 4.89 | 4.17 | 3.54 | 6.63 | 5.40 | 3.54 | 2.58 |
Dividend Payout % | 0% | 0% | 13% | 15% | 25% | 16% | 20% | 29% | 34% | 18% | 22% | 34% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 9% |
3 Years: | 18% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | 7% |
5 Years: | -5% |
3 Years: | 2% |
TTM: | -27% |
Stock Price CAGR | |
---|---|
10 Years: | 18% |
5 Years: | 19% |
3 Years: | 10% |
1 Year: | 62% |
Return on Equity | |
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10 Years: | 19% |
5 Years: | 19% |
3 Years: | 18% |
Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 65 | 65 | 66 | 66 | 66 | 66 | 132 | 132 | 132 | 132 | 132 | 132 | 132 |
Reserves | 371 | 498 | 606 | 732 | 786 | 978 | 1,192 | 1,051 | 1,365 | 1,929 | 2,014 | 2,080 | 2,156 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,651 | 1,599 | 1,962 | 2,334 | 2,737 | 2,794 | |
219 | 309 | 423 | 456 | 480 | 524 | 590 | 565 | 706 | 710 | 771 | 891 | 954 | |
Total Liabilities | 655 | 872 | 1,094 | 1,253 | 1,332 | 1,568 | 1,914 | 3,399 | 3,802 | 4,733 | 5,251 | 5,840 | 6,036 |
383 | 529 | 716 | 806 | 778 | 768 | 785 | 2,149 | 2,103 | 2,683 | 3,407 | 4,117 | 4,253 | |
CWIP | 8 | 18 | 18 | 25 | 60 | 13 | 15 | 39 | 27 | 46 | 182 | 116 | 127 |
Investments | 115 | 129 | 130 | 152 | 168 | 345 | 270 | 135 | 614 | 954 | 803 | 762 | 758 |
149 | 196 | 229 | 270 | 326 | 442 | 844 | 1,076 | 1,058 | 1,050 | 859 | 846 | 899 | |
Total Assets | 655 | 872 | 1,094 | 1,253 | 1,332 | 1,568 | 1,914 | 3,399 | 3,802 | 4,733 | 5,251 | 5,840 | 6,036 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
210 | 231 | 283 | 220 | 212 | 415 | 434 | 732 | 747 | 925 | 1,052 | 1,010 | |
-192 | -240 | -277 | -201 | -197 | -352 | -446 | -98 | -614 | -534 | -600 | -629 | |
1 | 1 | 1 | -18 | -15 | -18 | -40 | -469 | -280 | -424 | -447 | -348 | |
Net Cash Flow | 20 | -8 | 8 | 1 | 0 | 45 | -52 | 166 | -148 | -33 | 5 | 34 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 2 | 2 | 2 | 4 |
Inventory Days | 23 | 26 | 30 | 34 | 35 | 30 | 30 | 35 | 67 | 59 | 51 | 76 |
Days Payable | 131 | 140 | 168 | 188 | 185 | 188 | 174 | 167 | 270 | 198 | 163 | 186 |
Cash Conversion Cycle | -106 | -111 | -136 | -151 | -148 | -156 | -140 | -130 | -201 | -137 | -110 | -106 |
Working Capital Days | -40 | -41 | -50 | -43 | -43 | -44 | -42 | -39 | -55 | -38 | -34 | -32 |
ROCE % | 54% | 38% | 28% | 22% | 14% | 33% | 43% | 29% | 16% | 22% | 18% | 12% |
Documents
Announcements
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Disclosure Under Regulation 30 Of SEBI (Listing Obligation And Disclosure Requirement) Regulations, 2015 (Listing Regulations).
10h - Received GST show cause notice for INR 179 Cr for FY21; company to contest by May 21, 2025.
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Update On Material Development About The Disclosure Made On February 25, 2025
20 Apr - Court accepted FIR closure; no case against Chairman Bhartia
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Quarter And Full Year Preview Q4FY25 And FY25
5 Apr - Q4FY25 and FY25 revenue and store growth update.
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General Press Release Titled "Jubilant Foodworks Unveils
''Elate'' - India'S First Android-Based POS System, Takes First Step Towards Building A Tech-First Restaurant Of Future"
27 Mar - Jubilant FoodWorks launches Elate, India's first Android-based POS system.
- Closure of Trading Window 20 Mar
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2022
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Financial Year 2021
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Concalls
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Mar 2025TranscriptNotesPPT
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Feb 2025Transcript PPT REC
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Brand Portfolio
1) Domino’s: The company is a leading player in the pizza segment, holding exclusive rights to operate Domino’s Pizza outlets in India, Sri Lanka, Bangladesh, Nepal, Turkey, Azerbaijan, and Georgia.
2) Popeyes: It exclusively operates Popeyes in India. Popeyes is the world’s 2nd-largest chicken QSR, offering Louisiana-style Cajun fried chicken and chicken sandwiches.
3) Dunkin’: The company holds exclusive rights to develop and operate Dunkin' restaurants in India, the largest coffee and donut brand in the USA, serving coffee and baked goods.
4) Hong’s Kitchen: Hong’s Kitchen is the company’s first homegrown brand and India’s only Chinese QSR.
5) COFFY: Through the acquisition of DP Eurasia, the company has entered Turkey’s high-frequency coffee consumption market under the “COFFY” brand, which ranks as the 8th largest café brand in Turkey. [1] [2] [3]