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 ₹ 42,075 Cr.
- Current Price ₹ 638
- High / Low ₹ 715 / 421
- Stock P/E 173
- Book Value ₹ 33.1
- Dividend Yield 0.19 %
- ROCE 11.2 %
- ROE 13.0 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 20.4%
Cons
- Stock is trading at 19.3 times its book value
- Company has low interest coverage ratio.
* 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 Dollex 200 BSE 400 MidSmallCap Index BSE Allcap BSE Consumer Discretionary BSE 150 MidCap Index
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,414 | 1,736 | 2,093 | 2,438 | 2,583 | 3,018 | 3,563 | 3,927 | 3,312 | 4,396 | 5,158 | 5,654 | 6,839 | |
1,171 | 1,486 | 1,836 | 2,173 | 2,339 | 2,576 | 2,961 | 3,045 | 2,532 | 3,290 | 4,022 | 4,496 | 5,471 | |
Operating Profit | 243 | 250 | 256 | 265 | 245 | 442 | 603 | 883 | 780 | 1,106 | 1,136 | 1,158 | 1,367 |
OPM % | 17% | 14% | 12% | 11% | 9% | 15% | 17% | 22% | 24% | 25% | 22% | 20% | 20% |
6 | 9 | 6 | 10 | -1 | 21 | 44 | 38 | 64 | 26 | 40 | 212 | 256 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 165 | 163 | 176 | 201 | 288 | 449 |
Depreciation | 56 | 79 | 101 | 128 | 155 | 160 | 157 | 352 | 375 | 393 | 486 | 598 | 705 |
Profit before tax | 194 | 180 | 161 | 147 | 88 | 303 | 490 | 403 | 306 | 563 | 489 | 485 | 469 |
Tax % | 32% | 34% | 31% | 34% | 35% | 35% | 35% | 31% | 25% | 26% | 28% | 18% | |
131 | 118 | 111 | 97 | 58 | 196 | 318 | 279 | 231 | 418 | 353 | 400 | 399 | |
EPS in Rs | 2.01 | 1.81 | 1.69 | 1.47 | 0.88 | 2.97 | 4.85 | 4.24 | 3.51 | 6.37 | 5.35 | 6.05 | 5.96 |
Dividend Payout % | 0% | 0% | 15% | 17% | 29% | 17% | 21% | 28% | 34% | 19% | 22% | 20% |
Compounded Sales Growth | |
---|---|
10 Years: | 13% |
5 Years: | 10% |
3 Years: | 20% |
TTM: | 29% |
Compounded Profit Growth | |
---|---|
10 Years: | 9% |
5 Years: | -3% |
3 Years: | 5% |
TTM: | 4% |
Stock Price CAGR | |
---|---|
10 Years: | 16% |
5 Years: | 14% |
3 Years: | -5% |
1 Year: | 17% |
Return on Equity | |
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10 Years: | 19% |
5 Years: | 19% |
3 Years: | 18% |
Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 364 | 485 | 581 | 696 | 739 | 902 | 1,128 | 990 | 1,295 | 1,813 | 1,906 | 2,039 | 2,053 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,670 | 1,620 | 2,106 | 2,554 | 4,207 | 4,242 | |
222 | 312 | 429 | 460 | 485 | 529 | 596 | 578 | 720 | 731 | 791 | 1,660 | 1,829 | |
Total Liabilities | 652 | 862 | 1,075 | 1,222 | 1,291 | 1,497 | 1,856 | 3,370 | 3,767 | 4,782 | 5,382 | 8,038 | 8,255 |
395 | 546 | 737 | 828 | 800 | 789 | 809 | 2,189 | 2,146 | 2,737 | 3,488 | 6,184 | 6,340 | |
CWIP | 10 | 20 | 20 | 26 | 61 | 14 | 16 | 41 | 29 | 47 | 184 | 118 | 130 |
Investments | 94 | 94 | 75 | 91 | 94 | 263 | 181 | 51 | 517 | 927 | 822 | 308 | 290 |
153 | 202 | 243 | 277 | 336 | 430 | 850 | 1,089 | 1,076 | 1,072 | 888 | 1,428 | 1,495 | |
Total Assets | 652 | 862 | 1,075 | 1,222 | 1,291 | 1,497 | 1,856 | 3,370 | 3,767 | 4,782 | 5,382 | 8,038 | 8,255 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
209 | 225 | 276 | 212 | 204 | 409 | 424 | 728 | 751 | 930 | 1,026 | 1,010 | |
-191 | -233 | -262 | -200 | -188 | -332 | -457 | -99 | -602 | -654 | -595 | -1,285 | |
1 | 1 | 1 | -18 | -15 | -35 | -17 | -461 | -289 | -307 | -426 | 377 | |
Net Cash Flow | 20 | -6 | 15 | -6 | 0 | 42 | -51 | 168 | -140 | -31 | 5 | 102 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 17 |
Inventory Days | 24 | 27 | 30 | 35 | 35 | 31 | 32 | 35 | 67 | 59 | 52 | 112 |
Days Payable | 131 | 140 | 168 | 186 | 182 | 185 | 173 | 166 | 268 | 198 | 164 | 251 |
Cash Conversion Cycle | -105 | -111 | -136 | -150 | -144 | -153 | -139 | -129 | -199 | -137 | -110 | -122 |
Working Capital Days | -40 | -41 | -49 | -43 | -43 | -44 | -42 | -39 | -54 | -38 | -34 | -26 |
ROCE % | 54% | 37% | 27% | 21% | 13% | 34% | 44% | 30% | 16% | 21% | 16% | 11% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
16 Nov - Earnings Conference Call Transcript for Q2FY25 and H1FY25 results.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 14 Nov
- Announcement under Regulation 30 (LODR)-Newspaper Publication 12 Nov
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
11 Nov - Audio recording of Q2 FY25 earnings call available.
- Announcement under Regulation 30 (LODR)-Investor Presentation 11 Nov
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 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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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
from bse
Concalls
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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Mar 2024Transcript PPT
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Feb 2024TranscriptNotesPPT
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Jan 2024TranscriptNotesPPT
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Nov 2023Transcript PPT
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Oct 2023Transcript PPT REC
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Jul 2023Transcript PPT REC
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May 2023Transcript PPT REC
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Nov 2022Transcript PPT
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Jul 2022TranscriptNotesPPT
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Oct 2021TranscriptNotesPPT
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Jul 2021TranscriptPPT
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Feb 2021Transcript PPT
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Nov 2020Transcript PPT
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Sep 2020Transcript PPT
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Jun 2020TranscriptNotesPPT
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May 2020Transcript PPT
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Oct 2019Transcript PPT
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Jul 2019Transcript PPT
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Oct 2018Transcript PPT
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Jul 2018TranscriptNotesPPT
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Apr 2018TranscriptPPT
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Oct 2017Transcript PPT
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Aug 2017TranscriptNotesPPT
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May 2017Transcript PPT
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Feb 2017TranscriptNotesPPT
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Oct 2016TranscriptNotesPPT
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May 2016TranscriptNotesPPT
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Nov 2015TranscriptNotesPPT
Exclusive right for Dominos Brand
Since 1996, company holds exclusive master franchise rights from Domino's Pizza Inc. to operate the Domino's Pizza brand in India, Bangladesh, Nepal and Bhutan. It is the largest franchisee of Domino's brand outside the USA. It has also been granted exclusive rights of domino's brand for Sri Lanka, Bangladesh & Nepal. [1]
In Sri Lanka and Bangladesh, company operates 50 and 26 stores respectively.