Company Update : Jubilant Foodworks by Motilal Oswal Financial Services Ltd
In-line revenue; LFL grows 2.5%
Key highlights from Jubilant Foodworks’ (JUBI) 1QFY27 pre-quarterly update are as follows:
Revenue and LFL growth
* In 1QFY27, consolidated revenue grew ~14% YoY to INR25.7b.
* Standalone revenue grew 9% YoY to INR18.5b (est. 9% in 1QFY27, 13% in FY26).
* Domino’s India LFL growth was 2.5% (est. 2.5%).
* Domino’s Eurasia LFL (Post-IAS-29) declined 1.3%.
Stores expansion
* During the quarter, net 76 stores were added to the JFL group network, taking the total store count to 3,712 by the end of 1QFY27.
* Domino’s India opened 58 new stores, taking the total count to 2,513 stores.
* Domino’s Turkey opened 8 new stores, taking the total store count to 795 stores
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