| Revenue growth | Overall revenue grew this quarter, first time recently; LFL negative. |
|---|---|
| Margins | Gross margin strong; 100-200bps more; store margins lag. |
| Demand visibility | Demand unclear; deflects to festive weeks, avoids India consumption view. |
| Management confidence | Defensive on LFL; confident on margins, hoping war ends. |
Growth
Overall revenue grew this quarter, a first in recent periods. Domino's transactions and store order values are rising, but reported LFL is negative due to Turkey inflation accounting. Popeyes restaurant economics are not yet at profit level.
Outlook
Full-year LFL guided at 5-7%. Further 100-200bps gross margin upside. About 400 stores to be refurbished; 150 more Popeyes stores planned.
Risks
Inflation in dairy, chicken, vegetables, and oil from monsoon and West Asia. A 200bps unplanned cost hit, with 60bps still unrecovered. Demand outlook deferred to festive-period trends.
Last quarter's promises, checked
Partly delivered
- Guided 200bps EBITDA expansion (half Domino's) → Domino's on track, Popeyes ahead, store margins lag (= PARTIAL)
- Guided pricing capacity 1.5-2% → 140-200bps taken, more possible (= PARTIAL)
- Guided Popeyes EBITDA profitability, no date → restaurant economics not yet profitable (= PARTIAL)
Missed
- Guided FY27 LFL 5-7% with Q2 above Q1's 2.5% → Q2 Domino's LFL negative, FY guide held (= MISS)
- Guided residual cost headwind 20bps post-pricing → 60bps unrecovered of 200bps hit (= MISS)
Earnings Call Transcript filed with NSE, NSE: JUBLFOOD. Summary written with AI assistance from the document.
Jubilant Foodworks Ltd: key numbers
- Share price
- ₹457.20
- Market cap
- ₹30,168 Cr
- Revenue (annual)
- ₹9,513 Cr
- Net profit (annual)
- ₹428.5 Cr
- P/E (TTM)
- 69.5×Sector 46.7×
- Promoter holding
- 40.27%+0.00% QoQ
- FII holding
- 13.28%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Jubilant Foodworks Ltd
All →Jubilant Foodworks Other Announcement
Jubilant FoodWorks appointed Walker Chandiok & Co LLP as statutory auditor, effective 1 April 2027, for 60 months. Routine auditor appointment with no monetary value disclosed.
- Execution
- 60 months
Jubilant Foodworks Management Change
Jubilant FoodWorks extended Company Secretary Mona Aggarwal's tenure to March 31, 2027, from November 13, 2026. Her earlier resignation is otherwise unchanged.
Jubilant Foodworks Q2 FY27 Results: Net Profit ₹111.6 Cr, Down 42.7% YoY
Jubilant Foodworks Ltd reported revenue from operations of ₹2,608 Cr (+11.8% YoY) and net profit of ₹111.6 Cr (-42.7% YoY) for Q2 FY27.
- Key figure
- Net profit ₹111.6 Cr · -42.7% YoY
Jubilant Foodworks Board Meeting Date
Jubilant FoodWorks will hold a board meeting on 6 November 2026 to consider unaudited standalone and consolidated results for the quarter and half year ended September 2026. The trading window stays closed until 8 November 2026.
Jubilant Foodworks Other Announcement
Jubilant FoodWorks Ltd has submitted its quarterly shareholding pattern for the period ended September 30, 2026, in compliance with SEBI LODR regulations.
Jubilant Foodworks Business Update
Jubilant FoodWorks reported Q2FY27 consolidated revenue of Rs. 2,608.7 Crore. The company added 108 net stores, bringing its total network to 3,820 outlets.
- Value
- ₹2,609 Cr
- net store additions
- 108.0 stores