Jubilant Foodworks Limited Earnings Summary — Q1 FY2027
Jubilant Foodworks Reports Steady Revenue Growth Amid Strategic Portfolio Optimization
Quarterly Business Intelligence
AI Quarterly Scorecard™
Computed deterministically from the last 10 reported quarters.
Quarterly Business Momentum
- Revenue has increased for 6 consecutive quarters.
- Revenue of ₹2,570 Cr is 13.7% higher year-on-year.
- Revenue has compounded at 24.3% annualised over the last 10 quarters.
- Revenue is at its highest level in 10 quarters.
- Net profit of ₹97 Cr is 6.0% above the same quarter last year.
- Profit growth is trailing revenue growth this quarter.
- Net profit has compounded at -28.6% annualised across the period.
- Operating margin stands at 19.6% in Q1 FY2027.
- Operating margin expanded by 24 bps year-on-year.
- Over the last two years operating margin has contracted by 7 bps.
- PBT margin is 5.8%.
- Expense growth of 13.3% remained below revenue growth of 13.7%.
- Operating profit of ₹504 Cr is 15.0% higher year-on-year.
- Operating leverage continues to improve.
- 6 of the last 6 measured quarters delivered year-on-year revenue growth.
- Overall quarterly business momentum scores 66/100 (Healthy) on the latest 10 quarters.
- Business momentum remains positive heading into the next quarter.
Quarterly Financials
Last 10 Reported Quarters • All figures in ₹ Crore • Margins in %
| Metric | Trend | Latest Q1 FY2027 | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Improving | 2,570 | 2,499 | 2,429 | 2,340 | 2,261 | 2,095 | 2,151 | 1,955 | 1,933 | 1,574 |
| Expenses | Improving | 2,066 | 2,015 | 1,945 | 1,864 | 1,823 | 1,703 | 1,749 | 1,558 | 1,553 | 1,262 |
| Operating Profit | Improving | 504 | 485 | 484 | 476 | 438 | 392 | 402 | 396 | 380 | 311 |
| Operating Margin | Stable | 19.6% | 19.4% | 19.9% | 20.4% | 19.4% | 18.7% | 18.7% | 20.3% | 19.7% | 19.8% |
| Other Income | Volatile | 20 | 13 | -18 | 102 | 19 | 5 | 6 | 25 | 14 | 196 |
| Interest | Stable | 120 | 117 | 103 | 106 | 111 | 116 | 133 | 138 | 134 | 114 |
| Depreciation | Improving | 255 | 269 | 247 | 230 | 220 | 210 | 208 | 201 | 184 | 169 |
| Profit Before Tax | Volatile | 148 | 111 | 116 | 242 | 126 | 71 | 67 | 82 | 77 | 224 |
| Tax | Improving | 48 | 28 | 43 | 48 | 32 | 21 | 24 | 15 | 19 | 16 |
| Net Profit | Volatile | 97 | 80 | 71 | 186 | 92 | 48 | 43 | 64 | 56 | 208 |
| Net Margin | Volatile | 3.8% | 3.2% | 2.9% | 8.0% | 4.1% | 2.3% | 2.0% | 3.3% | 2.9% | 13.2% |
Key Takeaways
- Consolidated revenue from operations grew 14.1% YoY to ₹25,696.54 million, driven by the expansion of the Domino's network and international operations.
- The company successfully optimized its portfolio by discontinuing Dunkin' brand operations in India, which reduced the net loss impact from discontinued operations to ₹31.67 million from ₹111.65 million in the prior quarter.
- Consolidated Net Profit (attributable to owners) improved to ₹972.40 million, reflecting better operational efficiency compared to the previous quarter.
- Employee benefit expenses remained a significant cost factor, accounting for ₹4,307.88 million on a consolidated basis during the quarter.
- International subsidiaries, including DP Eurasia, contributed ₹7,222.19 million to total revenues with a net profit of ₹504.37 million, showcasing strong performance outside India.
- Other Comprehensive Income saw a sharp spike due to items that will not be reclassified to profit or loss, totaling ₹1,592.46 million.
Management Guidance
Management remains focused on a 'Digital First' strategy to drive Domino's app downloads and customer engagement. The strategic pivot away from the Dunkin' brand in India allows for resource reallocation toward high-growth brands like Popeyes and Hong's Kitchen. The company continues to monitor developments regarding new Labour Codes for potential long-term liability impacts.
Sentiment Shift
Improving
Profitability showed a healthy recovery on a QoQ basis, aided by the reduction in losses from discontinued operations and steady top-line growth in the core pizza segment.
Outlook
The outlook remains optimistic as the company consolidates its leadership in the Indian QSR space while scaling international assets. Margin recovery is expected to continue as the gestating brands reach scale and cost-saving measures from portfolio rationalization take effect.
From the Annual Report (Key Quotes)
“The Board of Directors... considered and approved the non-renewal of the rights for development and operation of Dunkin' brand in India.”
“Segment Reporting: The Group's business activity falls within a single business segment i.e. Food and Beverages.”
“The figures for the quarter ended March 31, 2026... are the balancing figures between audited figures in respect of the full financial year and the published year to date figures.”
Official Quarterly Documents
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This summary is AI-generated from Jubilant Foodworks Limited's latest quarterly filing and earnings call. For informational purposes only — not investment advice.