Earnings Review
Jubilant Food PAT rises 93% on yr after falling for 10 qtrs
This story was originally published at 19:25 IST on 14 May 2025
Register to read our real-time news.Informist, Wednesday, May 14, 2025
By Taniva Singha Roy
Please click here to read all liners published on this story
--Jubilant Food Jan-Mar Domino's India like-for-like growth 12.1% on year
--Jubilant Food Jan-Mar net added 56 stores, including 38 in India
--Jubilant Food: Future capex to be largely store, technology-led
--Jubilant Food: Business is coming-off a high capex cycle
--Jubilant Food to open 250 Domino's stores in India, 30 in Turkey in FY26
--Jubilant Food Jan-Mar Domino's India order growth 24.6% on year
--Jubilant Food Jan-Mar Domino's India revenue up 18.8% on year
--Jubilant Food Jan-Mar EBITDA margin 19.3% vs 19.2% year ago
--Jubilant Food FY25 operating EBITDA INR 11.81 bln vs INR 10.95 bln yr ago
--Jubilant Food Jan-Mar operating EBITDA INR 3.06 bln vs INR 2.55 bln yr ago
--Jubilant Food FY25 revenue INR 61.05 bln vs INR 53.42 bln year ago
--Jubilant Food FY25 net profit INR 1.94 bln vs INR 2.34 bln year ago
--Jubilant Food to pay INR 1.2 per share dividend for FY25
--Jubilant Food Jan-Mar revenue INR 15.87 bln vs INR 13.32 bln year ago
--Jubilant Food Jan-Mar net profit INR 494.62 mln vs INR 256.27 mln year ago
--Analysts saw Jubilant Food Jan-Mar net profit INR 443.20 mln
--Jubilant Food Jan-Mar net profit INR 494.62 mln
MUMBAI – Jubilant Foodworks Ltd. reported higher-than-expected earnings for the March quarter, marking a rise in the net profit after falling for ten previous quarters. The food services company reported a net profit of INR 494.62 million for the March quarter, up by a whopping 93% on year. The net profit for the quarter was higher than the analysts' expectation of INR 443 million. Sequentially, the net profit was up 20.5%.
Operating earnings before interest, tax, depreciation and amortisation of the company rose 19.7% on year to INR 3.06 billion in the March quarter. The EBITDA margin rose to 19.3% in Jan-Mar from 19.2% a year ago.
The company added 56 net stores during the quarter, including 38 stores in India and 16 in Turkey. The group store network expanded to 3,316 stores in 2024-25 (Apr-Mar), with the addition of 325 net stores, the company said in a release.
Wednesday, shares of Jubilant Foodworks ended at INR 693.80 on the National Stock Exchange, down 1.1%. The company announced its earnings after market hours.
The master franchisee of Domino's reported revenue from operations of 15.87 billion, up 19.1% on year, but below the analysts' expectation of INR 16.44. Sequentially, the revenue fell 1.5% in the Jan-Mar quarter.
In FY25, the company's net profit fell 17% to INR 1.94 billion. The company reported a revenue of INR 61.05 billion during the year, up 14.3%.
The revenue from Domino's India rose 18.8% on year in the March quarter, driven by order growth of 24.6% on year across all tiers. The like-for-like growth in Domino's India revenue was 12.1% on year, the company said, adding that it is committed to improving margins in the coming quarter.
The company said it will open 250 Domino's stores in India and 30 in Turkey in the current financial year. Business is coming off a high capital expenditure cycle and the future capital expenditure is to be largely store and technology-led, the company said.
Jubilant Foodworks has franchise rights for three global brands – Domino's, Popeyes, and Dunkin' – with operations in them being largely in India and rest in Sri Lanka, Bangladesh, Turkey, Azerbaijan, and Georgia. The company also operates its own two brands, India-based Hong's Kitchen and Turkey-based COFFY.
At the consolidated level, Jubilant Foodworks' revenue jumped 33.6% on year to INR 21.03 billion. The consolidated EBITDA rose 24.8% on year to INR 3.88 billion in the March quarter while the EBITDA margin contracted by 130 basis points on year to 18.5%.
The company will pay a final dividend of INR 1.2 per share for FY25.
End
Edited by Saji George Titus
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2025. All rights reserved.
To read more please subscribe
Share this Story:
