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Earnings Call Transcript

Jubilant Foodworks Earnings Call Transcript: Key Takeaways

Jubilant FoodWorks Q1FY27 transcript highlights Popeyes as a second growth engine with 45% LFL growth and a 2.5% LFL growth for Domino's. Focus remains on dine-in recovery and EBITDA margin expansion.

Guidance and delivery
Management target Revenue 7.0% FY27
Highlights
Revenue growthGuided 5-7% LFL growth for the year.
MarginsGross margin at 75.5%; aiming for 200 bps EBITDA expansion.
Demand visibilityStrong underlying demand; positive indicators from car sales/GST.
Management confidenceHigh; citing Popeyes as a major growth engine.

Growth

Popeyes LFL growth accelerated to 45% from 9.2% YoY. Domino's reported 2.5% LFL growth on a high base.

Outlook

FY27 capex guidance maintained at INR 750-900 crores. Target of 200 bps EBITDA margin expansion over medium term.

Risks

Headwinds from wage inflation, high LPG prices, and rising commodity costs (cheese, oil, chicken).

Last quarter's promises, checked

Delivered

  • Guided 230-250 store additions → delivered 250 (= BEAT)
  • Guided 75.5% steady-state gross margin → delivered 75.5% (= BEAT)
  • Guided calibrated price increases to offset inflation → delivered 120-140 bps increase (= BEAT)

Partly delivered

  • Guided 200 bps EBITDA margin expansion → delivered focus on expansion but offset by wage/LPG inflation (= PARTIAL)

Missed

  • Guided 5-7% LFL growth → delivered 2.5% for Domino's (= MISS)
Source

Earnings Call Transcript filed with BSE, NSE: JUBLFOOD. Summary written with AI assistance from the document.

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Jubilant Foodworks Ltd: key numbers

Share price
₹484.55
Market cap
₹31,973 Cr
Revenue (annual)
₹9,513 Cr
Net profit (annual)
₹428.5 Cr
P/E (TTM)
73.7×Sector 43.7×
Promoter holding
40.27%+0.00% QoQ
FII holding
13.32%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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