Jubilant FoodWorks Limited is an Indian food service company. It is headquartered in Noida. It has mastered franchise for Domino’s Pizza, Dunkin’ Donuts in India. It has its operation in India, Nepal, Sri Lanka, Bangladesh and Bhutan. It was incorporated in the year 16 March 1995. The Parent company is Jubilant Bhartia Group. The subsidiaries include Jubilant FoodWorks Lanka and Jubilant Golden Harvest.
Key Financial Highlights
Particulars (Rs. mn) | Q3 FY22 | Q3 FY21 |
Revenue from operations | 11,935 | 10,572 |
Total Income | 12,044 | 10,728 |
Gross Profit | 9,262 | 8,278 |
EBITDA | 3,174 | 2,786 |
Revenue from operations increased by 12.9% to Rs 11,935 million.
EBITDA increased by 13.9% to Rs 3,174 million.
Profit after Tax grew by 9.8%.
Acquired 30.75% equity stake in Hashtag Loyalty Pvt. Ltd.
Dominos India
Opened 75 new Domino’s stores in India in Q3FY22.Inaugurated new store in Noida.
US Chicken Brand – Popeyes – in India
Popeyes is now open in India.The Popeyes India menu has No MSG , Antibiotics-free Chicken and an array of vegetarian options. Launched own app and the mobile website.In-house Delivery fleet with 100% use of E-Bikes.
Domino’s Sri Lanka
Overall system sales grew 95.9% in Q3FY22.Delivery sales grew 85.6%.
Takeaway sales increased by 119.1%. Opened 1 new store.
Domino’s Bangladesh
Sales increased by 38% in Q3 FY22.Delivery sales grew 82.1%. Opened new store in Bangladesh.
Dunkin’ Network
Open 1 new store in Q3 FY22. Total store count has become 28.
Hong’s Kitchen and Ekdum! Network
Open 1 new store in Q3 FY22. Total store count has become 21.
Conference Call Highlights
Management Updates
EBITDA stood at INR3,174 million, increased 13.9% versus Q3 FY ’21.
Broad-based inflationary pressures across commodities and personnel costs in this quarter.
Business Updates
Jubilant Foodworks decides to acquire 35% stake in Hashtag Loyalty.
Jubilant FoodWorks has decided to increase its stake in DP Eurasia.
JFL has introduced Popeyes – in India, They have opened their outlet at Bengaluru.
Set up a Dominos 1500th Store at Noida.
Opened 75 new Domino’s restaurants in quarter three in India.