Jubilant Foodworks Ltd Share Price (JUBLFOOD)

Kotak Institutional Equities Anticipates Margins to Stay Under Pressure for QSR Companies - 09 Apr, 2024

Kotak Institutional Equities predicts that margins for QSR companies, including Jubilant Foodworks, will remain under pressure in Q4FY24 due to weak demand and the cost of store additions. Same Store Sales are expected to decline by 2.5-15% for Jubilant Foodworks, Westlife Foodworld, Devyani International, Sapphire Foods, and Restaurant Brands Asia.

Smaller Pizza Brands Eating into Dominos' Market Share in India - 08 Apr, 2024

Jubilant FoodWorks, the master franchisee of Dominos in India, is facing competition from smaller and regional pizza players who are eating into the share of bigger rivals. Dominos had a 46.8% share of the 4,000-odd pizza stores in India, with revenue share at 69.7%. The rise of food aggregators such as Swiggy and Zomato has also contributed to the growth of smaller pizza brands over the last few years.

Jubilant FoodWorks Upgraded by BofA Securities - 03 Apr, 2024

Jubilant FoodWorks received an upgrade from BofA Securities to buy from neutral with a target price of Rs 555 after a stock pullback. However, the company's ROCE has decreased to 12% from 35% five years ago, suggesting a struggle in allocating capital.

Jubilant FoodWorks Sees Growth in Chennai Regions; Goes Live on ONDC - 28 Mar, 2024

ICICI Securities reports growth in certain quick-service restaurant brands in Chennai, while Jubilant FoodWorks goes live on ONDC to de-risk online sales. IPL may further improve Q1 FY25 ticket size.

ICICI Securities Gives Buy Call on Jubilant Foodworks - 20 Mar, 2024

ICICI Securities has given a buy call on Jubilant Foodworks with a target price of Rs 600. The company reported a consolidated total income of Rs 1382.27 crore for the quarter ended December 31, 2023, up 0.48% from the previous quarter and 3.05% from the same quarter last year. Promoters held 41.94% stake in the company as of Dec 31, 2023, while FIIs owned 27.75%, DIIs 21.91%.

Jubilant FoodWorks Faces Pressure Amidst Growth Plans - 14 Mar, 2024

Jubilant FoodWorks' stock has fallen to a 52-week low due to a muted December quarter and severe competition. However, the company's JUBI concall highlighted growth plans for DP Eurasia and Bangladesh, with Popayes targeting Rs10bn sales in record time.

Jubilant FoodWorks Faces Cautious Analysts After Acquiring New Businesses - 13 Mar, 2024

Jubilant FoodWorks' acquisition of Turkey (DP Eurasia) and Bangladesh businesses has left analysts concerned about the company's rising debt-book. While Prabhudas Lilladher recommends holding the stock, CLSA maintains a sell rating and Motilal Oswal remains neutral. Recovery of the Indian business is seen as critical for the counter's performance.

Jubilant FoodWorks' 5-Year TSR Exceeds Share Price Return - 12 Mar, 2024

Despite a drop in EPS, Jubilant FoodWorks has provided investors with a notable 65% return over the last five years. Revenue growth of 11% per year is viewed as evidence that the company is growing. However, its return of 62% falls below the market return of 140%. The modest dividend yield of 0.3% may not be attracting many buyers to the stock.