Company Update : Jubilant Foodworks Ltd By Motilal Oswal Financial Services Ltd

Domino’s India posts double-digit LFL growth
The key highlights of Jubilant Foodworks (JUBI)’s 4QFY25 pre-quarterly update are presented below:
Revenue and LFL growth
* In 4QFY25, consolidated revenue grew 34% YoY to INR21.1b.
* Standalone revenue grew ~19% YoY to INR15.9b (~+19% YoY in 3QFY25, +6% YoY in 4QFY24).
* Domino’s India’s LFL rose 12.1% (+12.5% LFL in 3QFY25; +0.1% in 4QFY24).
* Domino’s Turkey’s LFL (post-IAS-29) grew 0.9%.
* In FY25, consolidated revenue jumped 44% YoY to INR81.4b, and standalone revenue grew 14% YoY to INR61.0b.
Store expansion
* Domino’s India opened 52 new stores and closed 12 stores, taking the total count to 2,179.
* Domino’s Turkey opened eight net new stores, taking the total store count to 746.
* JUBI opened a total of 56 net new stores during the quarter, taking the total count to 3,316.
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