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.

18 Nov 2020

617.80

-0.80%

Jubilant Food

Hold: Jubilant Foodworks Ltd.

Target

Dolat Capital

returned to normalcy (96.2% in Oct'20) and is likely to emerge stronger from and 49.8% YoY) 2) lower competition as several smaller players have gone out of business 3) closure of dine in focused 105 stores which will be replaced...

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

Jubilant Foodworks Ltd.

13 Nov 2020

617.80

-0.80%

Jubilant FoodWorks: Q2FY21 Result Review

Hold: Jubilant Foodworks Ltd.

Recommendation Target

IDBI Capital

Jubilant Foodworks (JUBI) has reported above expected result for Q2FY21. JUBI witnessed strong recovery in revenue (compared to last year) from 70% in Jul'20 to 92% in Sep'20 and 96% in Oct'20. This was driven by faster recovery in delivery and takeaway channel. To further improve convenience in takeaway channel; JUBI has launched drive and pick facility during 2QFY21 (customer's won't have to step-out from their cars). Gross margin improved significantly led by low discounting intensity, deflationary raw material environment, and introduction of delivery fees. Cost efficiencies (lower employee and other expense) drove EBITDA margin expansion....

Jubilant Foodworks Ltd. is trading below all available SMAs

Jubilant Foodworks Ltd.

13 Nov 2020

617.80

-0.80%

Strong beat on profitability; elevated margins likely to sustain

Neutral: Jubilant Foodworks Ltd.

Target

Motilal Oswal

Jubilant FoodWorks' (JUBI) closure of 90 stores at net level on sequential basis impacted sales performance v/s estimates in 2QFY21. However, store opening returning to end-FY20 levels is encouraging (1,335 stores by endFY21). Management believes sales would be positive by 4QFY21. Operating margins were significantly ahead of expectations, led by various factors like (a) introduction of delivery charges from 1QFY21, (b) deflation in raw material costs, (c) closure of least profitable stores, (d) costs savings on employee costs, both at the store level and delivery level, (e) lower energy costs, and (f) cut on wastages. Of these, most are sustainable....

Jubilant Foodworks Ltd. is trading below all available SMAs

Jubilant Foodworks Ltd.

12 Nov 2020

617.80

-0.80%

Jubilant Food

Accumulate: Jubilant Foodworks Ltd.

Target

Dolat Capital

recovery to 69.8/85/92% of last year sales. During October, the company recovered 96.2% of last year sales driven by delivery growth of 16.3% and takeaway growth of 64.3% YoY. In addition to benign RM, GM also benefited from lesser discounts and introduction of delivery charges in Q1FY21. JFL closed down 100 unprofitable Domino stores (>2/3rd contribution...

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

Jubilant Foodworks Ltd.

12 Nov 2020

617.80

-0.80%

Q2FY21 Result Update - Covid redefines business Model; Hold

Hold: Jubilant Foodworks Ltd.

Target

Prabhudas Lilladhar

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

Jubilant Foodworks Ltd.

08 Sep 2020

617.80

-0.80%

JUBILANT FOODWORKS LIMITED

Hold: Jubilant Foodworks Ltd.

Target

Geojit BNP Paribas

With measures being taken by the Government, to boost the economy, we anticipate an increase in demand in the near term which would support operations to mitigate short term challenges. We thereby recommend Hold rating on the stock with a revised target price of Rs. 2,445 based on 64x FY22E adj. EPS. Challenging Q1; Encouraging recovery expected The revenues for JFL fell drastically by 59.5% YoY to Rs. 380cr in Q1FY21, owing to acute challenges of demand and supply on account of nation-wide lockdown and...

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

Jubilant Foodworks Ltd.

03 Sep 2020

617.80

-0.80%

Jubilant FoodWorks: Q1FY21 Result Review

Sell: Jubilant Foodworks Ltd.

Recommendation

IDBI Capital

Jubilant Foodworks (JUBI) has reported below than expected revenue for Q1FY21 while net loss came-in lower than our estimates. National lock-down and local restrictions have fueled overall decline in revenue. However, with gradual opening of stores, overall business recovered to 53% compared to last year during 1QFY21. Delivery part of business recovered faster (at 77%) compared to takeaways (at 55%) and dine-in (at 3%). Positively, the month of Jul'20 and Aug'20 witnessed strong growth in all three channels; takeaways grew faster than delivery and dine-in. Overall business at the exit of Aug'20 stood at 89% of last year supported by brilliant execution. JUBI...

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

Jubilant Foodworks Ltd.

02 Sep 2020

617.80

-0.80%

Jubilant Food

Hold: Jubilant Foodworks Ltd.

Recommendation Target

Dolat Capital

Though the lock down impacted performance significantly during Q1, the company was able to recover 69.8/84.6% of the sales during July/August'20. We believe that the delivery business would gain higher traction compared to dine in in the near term. The company has introduced delivery charges which is likely to mitigate impact of increased discounts and help improve margins. JFL would close down 105 Domino stores which are not profitable...

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

Jubilant Foodworks Ltd.

02 Sep 2020

617.80

-0.80%

Weak results; structural story getting better

Neutral: Jubilant Foodworks Ltd.

Target

Motilal Oswal

2 September 2020 Jubilant FoodWorks (JUBI)s 1QFY21 results were weaker than expected, especially in terms of operating margins. Depreciation and interest costs were also higher than anticipated. Three events underpin higher growth and profitability for JUBI beyond the (2) the introduction of delivery charge; and (3) opportunity created by the crisis to close down 105 of its least profitable (and dine-in dependent) stores. This would lead to all-time high EBITDA margins in FY22, resulting in 33% upward revision in our EPS projections for FY22. Maintain Like-for-like (LFL) growth stood at -61.5% (this refers to YoY growth in sales for non-split restaurants opened before the previous FY). LFL growth, excluding the restaurants temporarily closed due to COVID-19, stood at - 47.3%. 24 new Dominos Pizza stores were launched (net addition of 19 stores) and four stores for Dunkin Donuts were closed down in 1QFY21. Gross margins were up by 260bp YoY to 78%.

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

Jubilant Foodworks Ltd.

02 Sep 2020

617.80

-0.80%

Q1FY21 Result Update - Covid redefines business Model; Hold

Hold: Jubilant Foodworks Ltd.

Target

Prabhudas Lilladhar

We are cutting FY21 estimates by 23% but increase FY22 and FY23 EPS by 15.2% and 25.2% and assign Hold rating to the stock. Dominos is on a path of recovery and is likely to emerge stronger from Covid 19 scenario given that 1) Sharp recovery in delivery and takeaway in July and August (110% and...

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

Is Jubilant Foodworks Ltd. worth buying?

904 Votes:

Buy 73.34%

Sell 16.37%

Hold 10.29%

RESEARCH REPORTS

Accumulate SEE REPORTS >

pdf

Buy SEE REPORTS >

pdf