Jubilant Foodworks Ltd logo

Jubilant Foodworks Ltd

JUBLFOOD NSE

Key Fundamentals

SmallcapQuick Service RestaurantLeisure Services
Market Cap
₹28,225 Cr
Volatility
Moderate
P/E Ratio
65.21
EBITDA
₹1,854 Cr
Return on Equity
17.86%
Debt to Equity
2.01
Book Value
₹34.74
EPS
₹4.12
52W High
₹718.95
52W Low
₹408.8

Technical Indicators

Key Insights

Strengths

1
  • Company has been maintaining a healthy dividend payout of 25.3%

Weaknesses

1
  • Stock is trading at 12.2 times its book value

Growth Rate

Revenue Growth
15.76% ↗
Net Income Growth
79.53% ↗
Cash Flow Change
65.21% ↗
ROE
-40.48% ↘
ROCE
3.85% ↘
EBITDA Margin (Avg.)
-4.19% ↘

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 4d ago
AI opinion · based on fundamentals
Risk high
HOLD Worth holding, not adding Conviction 5/10

Jubilant Foodworks shows strong revenue momentum with 17% TTM sales growth and improving profitability at 88% TTM profit growth, but the stock trades at a steep 62.8x PE and 12.1x book value while delivering only 19% ROE. The 40% stock decline over the past year suggests the market is repricing this premium, making it a hold until valuation corrects further.

Bull Case 8
  • Strong TTM sales growth of 17% indicates sustained demand momentum for Domino's and other QSR brands
  • TTM profit growth of 88% shows significant margin expansion and operating leverage kicking in
  • Consistent 5-year compounded sales CAGR of 23% demonstrates durable long-term revenue growth trajectory
  • ROE has improved to 19% last year from 14% three-year average, indicating improving capital efficiency
  • 62% of analysts rate the stock a Buy (18 out of 29 analysts), reflecting broad institutional confidence
  • 10-year stock CAGR of 15% despite recent correction shows long-term wealth creation track record
  • Healthy dividend payout ratio of 25.3% with 0.28% yield signals management commitment to shareholder returns
  • 10-year compounded profit growth of 16% outpacing sales growth of 15% demonstrates structural margin improvement
Bear Case 8
  • Stock trades at 62.8x PE, which is extremely expensive even for a consumer discretionary compounder
  • Price-to-book of 12.1x is excessively high and leaves no margin of safety for investors
  • Stock has declined 40% over the past 1 year, indicating severe negative price momentum and sentiment
  • 3-year stock CAGR of -5% and 5-year CAGR of -8% show prolonged value destruction for medium-term holders
  • 3-year compounded profit growth of only 5% versus 23% sales growth suggests margins were compressed before recent recovery
  • 13.79% of analysts (4 out of 29) rate the stock a Sell, signaling meaningful bearish dissent
  • Dividend yield of just 0.28% provides negligible income cushion during periods of capital depreciation
  • Market cap of Rs 27,539 crore at current earnings multiple implies the stock is pricing in flawless execution for years ahead

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 9h ago
Headwinds 3
  • Citi cuts target to ₹650 Jun 01

    Citi slashed target price from ₹800 to ₹650, implying over 50% downside from current levels. FY27-28 revenue estimates cut 4-5% and EBITDA estimates cut 5-7% on slower same-store sales growth.

  • Q4FY26 net profit down 13.9% Jun 01

    Net profit declined 13.9% YoY to ₹42.6 crore in Q4FY26. Like-for-like revenue growth remained muted at just 0.2% YoY for the quarter.

  • Valuation multiple de-rated Jun 01

    Citi cut India business valuation multiple from 36x to 30x March 2028 estimated EV/EBITDA, reflecting the slower same-store sales growth trajectory.

Positives 3
  • Order volumes up 10.4% YoY Jun 01

    Q4FY26 order volumes grew 10.4% YoY, indicating strong customer demand. Full-year FY26 Domino's India like-for-like revenue growth was 6.5%.

  • EBITDA margin expands to 20.5% Jun 01

    EBITDA grew 11.5% YoY to ₹345 crore in Q4FY26 with margin expanding to 20.5% from 19.6% a year ago, showing improving operational efficiency.

  • Lanka expansion investment Jun 15

    Jubilant FoodWorks invested ₹19 crore (LKR 666.9 million) in its Sri Lankan subsidiary to support business expansion and capital expenditure.

Neutral 2
  • EUR 112.5M facility refinanced Jun 25

    Jubilant FoodWorks Netherlands B.V. refinanced its EUR 112.5M facility used for acquiring DP Eurasia stake. Corporate guarantees worth EUR 116.085M were revoked.

  • Block trades worth ₹235.65 Cr Jun 19

    Three block trades totalling ~57.18 lakh shares worth ₹235.65 crore executed across BSE (₹421/share) and NSE (₹419/share), signalling institutional portfolio rebalancing.

TL;DR: Jubilant FoodWorks shows operational improvement with expanding EBITDA margins and healthy order volume growth, but same-store sales remain weak at 0.2% YoY in Q4FY26 and net profit declined. Citi's significant target price cut to ₹650 and valuation de-rating highlight near-term growth concerns. The trend is mixed — profitability and volumes are improving but top-line momentum at existing stores needs to accelerate for a sustained re-rating.

Quarterly Results

  Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales
1,270
1,335
1,369
1,378
1,574
1,933
1,955
2,151
2,095
2,261
2,340
2,429
2,499
Expenses
1,052
1,100
1,091
1,098
1,262
1,553
1,558
1,749
1,703
1,823
1,864
1,945
2,015
Operating Profit
218
235
277
280
311
380
396
402
392
438
476
484
485
OPM %
17%
18%
20%
20%
20%
20%
20%
19%
19%
19%
20%
20%
19%
Other Income
20
9
42
20
196
14
25
6
5
19
102
-18
13
Interest
53
54
57
62
114
134
138
133
116
111
106
103
117
Depreciation
132
136
142
152
169
184
201
208
210
220
230
247
269
PBT
53
54
121
86
224
77
82
67
71
126
242
116
111
Tax %
47%
47%
19%
23%
7%
24%
19%
35%
30%
25%
20%
37%
26%
Net Profit
29
29
97
66
208
58
67
43
49
94
195
73
82
EPS in Rs
0.43
0.44
1.47
1
3.14
0.85
0.97
0.65
0.73
1.39
2.82
1.07
1.21
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales
2,093
2,438
2,583
3,018
3,563
3,927
3,312
4,396
5,158
5,655
8,142
9,513
Expenses
1,836
2,173
2,339
2,576
2,961
3,045
2,532
3,290
4,022
4,496
6,560
7,625
Operating Profit
256
265
245
442
603
883
780
1,106
1,136
1,159
1,582
1,888
OPM %
12%
11%
9%
15%
17%
22%
24%
25%
22%
20%
19%
20%
Other Income
6
10
-1
21
44
38
64
26
40
211
42
106
Interest
0
0
0
0
0
165
163
176
201
288
523
436
Depreciation
101
128
155
160
157
352
375
393
486
598
807
959
PBT
161
147
88
303
490
403
306
563
489
485
294
599
Tax %
31%
34%
35%
35%
35%
31%
25%
26%
28%
18%
26%
26%
Net Profit
111
97
58
196
318
279
231
418
353
400
217
444
EPS in Rs
1.69
1.47
0.88
2.97
4.85
4.24
3.51
6.37
5.35
6.05
3.19
6.49
Div. Payout %
15%
17%
29%
17%
21%
28%
34%
19%
22%
20%
38%
18%
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
66
66
66
66
132
132
132
132
132
132
132
132
Reserves
581
696
739
902
1,128
990
1,295
1,813
1,906
2,039
1,971
2,160
Borrowings
0
0
0
0
0
1,670
1,620
2,106
2,554
4,207
4,372
4,902
Other Liabilities
429
460
485
529
596
578
720
731
791
1,660
1,929
2,366
Total Liabilities
1,075
1,222
1,291
1,497
1,856
3,370
3,767
4,782
5,382
8,038
8,404
9,561
Fixed Assets
737
828
800
789
809
2,189
2,146
2,737
3,488
6,184
6,434
7,402
CWIP
20
26
61
14
16
41
29
47
184
118
255
111
Investments
75
91
94
263
181
51
517
927
822
308
176
199
Other Assets
243
277
336
430
850
1,089
1,076
1,072
888
1,428
1,538
1,848
Total Assets
1,075
1,222
1,291
1,497
1,856
3,370
3,767
4,782
5,382
8,038
8,404
9,561
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
276
212
204
409
424
728
751
930
1,026
1,010
1,668
1,894
Investing
-262
-200
-188
-332
-457
-99
-602
-654
-595
-1,285
-850
-1,084
Financing
1
-18
-15
-35
-17
-461
-289
-307
-426
377
-849
-780
Net Cash Flow
15
-6
0
42
-51
168
-140
-31
5
102
-32
29
Free Cash Flow
-10
-15
4
293
258
439
533
474
188
162
797
889
CFO/OP
121
94
98
121
100
98
107
97
101
95
112
108
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
2
2
2
2
3
2
2
2
2
17
15
14
Inventory Days
30
35
35
31
32
35
67
59
52
112
65
42
Days Payable
168
186
182
185
173
166
268
198
164
251
145
142
Cash Conversion Cycle
-136
-150
-144
-153
-139
-129
-199
-137
-110
-122
-65
-86
Working Capital Days
-49
-43
-43
-44
-42
-52
-71
-55
-51
-66
-52
-95
ROCE %
27%
21%
13%
34%
44%
30%
16%
21%
16%
11%
13%
15%

Shareholding Pattern

As of Mar 2026
Promoters 40.28%
DIIs 36.58%
FIIs 17.29%
Public 4.26%
Others 1.60%
Total 100.01%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters
41.94%
41.94%
41.94%
41.94%
41.94%
41.94%
41.94%
41.94%
41.94%
41.94%
41.94%
41.94%
41.94%
41.94%
41.94%
41.94%
41.94%
40.28%
40.28%
40.28%
40.28%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
23.24%
20.39%
21.00%
21.26%
20.55%
21.05%
20.10%
18.58%
17.29%
DIIs
10.86%
10.13%
10.31%
10.86%
14.82%
16.50%
18.18%
20.89%
21.86%
22.52%
20.09%
20.10%
26.05%
29.89%
30.39%
30.38%
31.23%
32.51%
33.25%
34.98%
36.58%
Government
0.32%
0.14%
0.13%
0.13%
0.13%
0.14%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
2.67%
2.83%
2.97%
3.94%
6.76%
7.21%
6.87%
7.92%
8.30%
8.00%
7.36%
6.23%
6.47%
5.58%
4.54%
4.39%
4.19%
4.13%
4.30%
4.33%
4.26%
Others
44.22%
44.97%
44.65%
43.13%
36.36%
34.20%
33.02%
29.26%
27.90%
27.54%
30.61%
31.73%
2.30%
2.21%
2.14%
2.03%
2.09%
2.04%
2.07%
1.83%
1.60%
No. of Shareholders
93,041
1,09,594
1,32,858
2,11,696
3,77,038
4,73,927
4,77,162
5,35,978
5,70,253
5,60,718
5,38,502
4,78,915
4,78,589
4,39,120
3,76,141
3,63,143
3,52,536
3,38,569
3,35,705
3,33,281
3,29,084

Documents

Frequently Asked Questions about Jubilant Foodworks Ltd

What does Jubilant Foodworks Ltd do?
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 Popeyes in its food segment. The Company also launched its first ho...
Where is Jubilant Foodworks Ltd (JUBLFOOD) listed?
Jubilant Foodworks Ltd is listed on the Indian stock exchanges. It is listed on NSE: JUBLFOOD and BSE: 533155. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Jubilant Foodworks Ltd belong to?
Jubilant Foodworks Ltd operates in the Leisure Services sector within the Quick Service Restaurant industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Jubilant Foodworks Ltd?
Jubilant Foodworks Ltd has a market capitalisation of approximately ₹28224.88 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of Jubilant Foodworks Ltd?
The Price-to-Earnings (PE) ratio of Jubilant Foodworks Ltd is 65.21. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Jubilant Foodworks Ltd?
Over the past 52 weeks, Jubilant Foodworks Ltd has traded between a low of ₹408.8 and a high of ₹718.95. This range helps investors understand the stock's price volatility and recent trading levels.
Does Jubilant Foodworks Ltd pay dividends?
Yes, Jubilant Foodworks Ltd has a dividend yield of 0.28%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Jubilant Foodworks Ltd?
Jubilant Foodworks Ltd has a Return on Equity (ROE) of 17.86%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Jubilant Foodworks Ltd on Tapetide?
On Tapetide, you can view Jubilant Foodworks Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

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 Popeyes in its food segment. The Company also launched its first homegrown brand – Hong’s Kitchen in Chinese cuisine segment. [1]

Website jubilantfoodworks.com
CEO Mr. Shyam Sunder Bhartia
Employees 10,298
Listed 2010-02-08
Face Value ₹ 2
Issued Size 65,98,45,200

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