Jubilant Foodworks Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for JUBLFOOD, BSE:533155 Jubilant Foodworks Ltd.

Jubilant Foodworks Ltd.

22 Jul 2021

626.40

-0.01%

COVID improves structural outlook, right-to-win strengthening

Buy: Jubilant Foodworks Ltd.

Recommendation Target

Motilal Oswal

While Jubilant FoodWorks (JUBI)'s sales were broadly in line with our expectations, margins surprised positively. The management believes the QSR business in India is at a significant inflection point. In line with this, the company has not only increased its store expansion guidance (150175 stores from 135 earlier) but also announced investments to boost the supply chain. Moreover, in an interesting new thrust, it has shown intent to gradually become a food tech company. On the technology front, JUBI is significantly expanding its...

Promoters pledged 0.21% of shares in last quarter. Total pledge stands at 5.19% of promoter holdings

Jubilant Foodworks Ltd.

22 Jul 2021

626.40

-0.01%

Jubilant FoodWorks: Q1FY22 Result Review

Hold: Jubilant Foodworks Ltd.

Target

IDBI Capital

Jubilant Foodworks (JUBI) has reported above expected result for 1QFY22. Best in class execution and Zero-Contact branding has helped JUBI to report outperformance in delivery channel. Business recovery in takeaway channel was impacted during May'21 but Apr'21 and Jun'21 reported strong recovery. Positively, business recovery in Hong's Kitchen and EkDum reached at pre-covid levels. JUBI has taken marginal price hike to offset inflationary pressure. Also, there has been increase in promotional activities due competition from food-tech apps. However, gross margin remains intact at 77-78%. Also, JUBI has taken c. 9% hike in delivery charges to address inflation; benefit is likely...

Number of FII/FPI investors increased from 655 to 662 in Jun 2025 qtr.

Jubilant Foodworks Ltd.

16 Jun 2021

626.40

-0.01%

Result below our expectations, 1QFY22 resilient despite the lockdown

Neutral: Jubilant Foodworks Ltd.

Target

Motilal Oswal

We cut our FY22E/FY23E EPS forecast by 12.5%/5.2% on account of: a) JUBI's lower than expected 4QFY21 result, and b) the effect of the lockdown so far in 1QFY22 due to the second COVID wave. The impact would have been more if not for the resilience shown in AprMay'21, as per the management commentary. Continued strong growth in the Delivery channel has meant that the severe impact on Dine-in was mitigated to some extent at the broader level. This led to ~90% recovery compared to the pre-COVID run-rate in these two months. This will result in a lower impact compared to discretionary peers for 1QFY22 and lead to...

Number of FII/FPI investors increased from 655 to 662 in Jun 2025 qtr.

Jubilant Foodworks Ltd.

22 Feb 2021

626.40

-0.01%

Jubilant FoodWorks (Update): More legs for growth; reflecting confidence on core. Maintain REDUCE

Sell: Jubilant Foodworks Ltd.

Target

HDFC Securities

We continue to believe that most near to medium term drivers are priced in. However, on account of expected aggressive store expansion in India, we increase our EPS by 3% for FY22/23. The stock is valued at 81 and 65 P/E on FY22/FY23 EPS. We increase our target multiple to 55x P/E (50x earlier) and derive TP of Rs 2,500. We maintain our REDUCE rating. JFL is a far superior company among QSR peers but we see earnings surprises more for other discretionary companies (driven by pent-up, market share gain, pricing, sourcing advantage, make in India etc). Jubilant FoodWorks (JFL) announced the acquisition of Fides Food Systems Coperatief U.A., Netherlands (Fides) for GBP 24.8mn (INR 2.5bn). Fides is the beneficial owner of 32.81% of equity shares of DP Eurasia N.V. (DP Eurasia). DP Eurasia is the exclusive master franchisee of the Dominos Pizza brand, having 771 stores in Turkey, Russia, Azerbaijan and Georgia. It is listed with London Stock Exchange PLC. DP Eurasia has weak financials (due to operational losses in ex-Turkey, financial leverage and currency impact) resulting in a crack in its stock price over the past 3 years (GBX 250 in 2018 to GBX 70 now). The deal is valued at 8x EV/EBITDA of CY19.

Promoters pledged 0.21% of shares in last quarter. Total pledge stands at 5.19% of promoter holdings

Jubilant Foodworks Ltd.

22 Feb 2021

626.40

-0.01%

Event Update - DP Eurasia to add another growth engine - Accumulate

Jubilant Foodworks Ltd.

Prabhudas Lilladhar

Promoters pledged 0.21% of shares in last quarter. Total pledge stands at 5.19% of promoter holdings

Jubilant Foodworks Ltd.

08 Feb 2021

626.40

-0.01%

JUBILANT FOODWORKS LIMITED

Accumulate: Jubilant Foodworks Ltd.

Target

Geojit BNP Paribas

With the opening of new stores, launching innovative food products and campaigns to improve market penetration, JFL's outlook remains positive on the back of improving demand across categories. Therefore, we maintain our ACCUMULATE rating on the stock with a roll forward target price of Rs. 3,160 based on 65x FY23E adj. EPS....

Number of FII/FPI investors increased from 655 to 662 in Jun 2025 qtr.

Jubilant Foodworks Ltd.

04 Feb 2021

626.40

-0.01%

Jubilant FoodWorks: Q3FY21 Result Review

Hold: Jubilant Foodworks Ltd.

Target

IDBI Capital

Jubilant Foodworks (JUBI) has reported better than expected result for 3QFY21. JUBI reached 100% pre-covid levels during 3QFY21 driven strong growth momentum in delivery and takeaway while dine-in still operating at c. 42% pre-covid. Favourable competitive environment, benign raw material and delivery charges continued to support gross margin expansion. JUBI added higher no. of Dominos stores during 3QFY21. Also, added 5 stores of Hongs and EkDum. Positively, both these franchises are tracking well. Based on revised business outlook; we have revised our EPS estimates upwards by 7%, 9% and 7% in FY21E, FY22E, and FY23E. We upgrade our valuation...

Promoters pledged 0.21% of shares in last quarter. Total pledge stands at 5.19% of promoter holdings

Jubilant Foodworks Ltd.

03 Feb 2021

626.40

-0.01%

Q3FY21 Result Update - Faster scalability across brands: Accumulate

Accumulate: Jubilant Foodworks Ltd.

Target

Prabhudas Lilladhar

with medium term potential of 3000 Dominos 2) lower competition as several smaller players have gone out of business 3) Investment in App being rewarded by record downloads and improved mix order value and 4) huge growth opportunity in segments like biryani (EkDum) and chinese foods (Hongs Kitchen) given lack of large organised players. We believe JUBI's wide reach and affordable portfolio will enable dine in to grow swiftly once capacity restrictions are lifted. We believe strong cash position and negative working capital provides JUBI an opportunity to create...

Promoters pledged 0.21% of shares in last quarter. Total pledge stands at 5.19% of promoter holdings

Jubilant Foodworks Ltd.

17 Dec 2020

626.40

-0.01%

Jubilant Food

Buy: Jubilant Foodworks Ltd.

Sharekhan

Jubilant Foodworks (JFL) has expanded its platter by foraying into the Biryani segment under the brand name -Ekdum! by opening three restaurants in Gurgaon. This is inline with its strategy expand its portfolio to include products that Indian consumers prefer. The expected rise in QSR sector, shift to trusted brandspost COVID-19 and higher ordering through online platforms will be the key growth drivers for such ventures in the near term. Core business recovered m-o-m (in October,business bounced back to 96%). With stores operating at optimal levels and the on-going festive/cricket season, online...

Number of FII/FPI investors increased from 655 to 662 in Jun 2025 qtr.

Jubilant Foodworks Ltd.

20 Nov 2020, 12:00AM

626.40

-0.01%

JUBILANT FOODWORKS LIMITED

Accumulate: Jubilant Foodworks Ltd.

Target

Geojit BNP Paribas

Outlook improves with the ongoing growth momentum across delivery and take-away channels and expected recovery from Dine-in. Therefore, we upgrade our rating on the stock to ACCUMULATE with a revised price target of Rs. 2,830 based on 63x Dec 2022E adj. EPS....

Jubilant Foodworks L.. has an average target of 703.14 from 7 brokers.

Is Jubilant Foodworks Ltd. worth buying?

904 Votes:

Buy 73.34%

Sell 16.37%

Hold 10.29%

RESEARCH REPORTS

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