Jubilant Foodworks Limited (JUBLFOOD) AI Stock Analysis

• Market Cap: ₹349.29B
• Dividend Yield: 0.21%
• Average Volume (3M): 47.44K
• Price to Earnings (P/E): 94.4
• Beta (1Y): 1.02
• Revenue Growth: 29.48%
• EPS Growth: -6.19%
• Country: IN
• Employees: 9,239
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Restaurants
• EPS (TTM): 1.00
• Shares Outstanding: 659,845,200
• 10 Day Avg. Volume: 77,453
• 30 Day Avg. Volume: 47,444
• PEG Ratio: -4.37
• Price to Book (P/B): 20.67
• Price to Sales (P/S): 5.34
• P/FCF Ratio: 53.98
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹650.00
• Price Target Upside: 17.52% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 61 Neutral
• Price Target: ₹649.00 ▲(17.34% Upside)

Jubilant Foodworks Limited shows strong financial performance with significant revenue growth and robust operating cash flows. However, the high P/E ratio indicates overvaluation, and technical indicators suggest potential short-term weakness. The company faces challenges in maintaining profit margins and managing leverage, which could impact future growth.

Positive Factors

Revenue Growth

The company's robust revenue growth indicates successful market penetration and consumer demand, supporting long-term business expansion.

Operating Cash Flow

Strong operating cash flow reflects effective business operations and enhances financial flexibility for future investments and debt management.

Gross Profit Margin

Sustained gross profit margins suggest efficient cost control, which is crucial for maintaining profitability amid competitive pressures.

Negative Factors

Net Profit Margin Decline

A declining net profit margin may indicate rising costs or inefficiencies, potentially impacting future profitability if not addressed.

Increasing Leverage

Higher leverage can limit financial flexibility and increase risk, necessitating careful debt management to ensure long-term stability.

Free Cash Flow Volatility

Volatile free cash flow can challenge strategic planning and investment, highlighting the need for stable cash management practices.

Jubilant Foodworks Limited Business Overview & Revenue Model

Company Description

Jubilant FoodWorks Limited operates as a food service company. The company develops and operates Domino's Pizza restaurants in India, Sri Lanka, Bangladesh, and Nepal; Dunkin' Donuts and Hong's Kitchen restaurants in India; and Popeyes restaurants in India, Bangladesh, Nepal, and Bhutan. It also offers ready-to-cook sauces, gravies, dips, and pastes under the ChefBoss brand. As of March 31, 2022, the company operated 1,625 Domino's Pizza restaurants in 349 cities; 28 Dunkin' Donuts restaurants in 8 cities; 15 Hong's Kitchen restaurants in 4 cities; 4 Popeyes restaurants in Bengaluru; and 9 Ekdum! Restaurants in 3 cities. It also sells its products online. The company was incorporated in 1995 and is based in Noida, India.

How the Company Makes Money

Jubilant Foodworks generates revenue primarily through the sale of food and beverages at its franchise and company-owned outlets. Its main revenue streams include dine-in services, takeout, and home delivery, with a significant portion of sales coming from online orders via its app and website. The company operates on a franchise model, where it earns royalties and fees from its franchisees in addition to direct sales from its own stores. Strategic partnerships with delivery platforms and investments in technology for online ordering and customer engagement have also contributed to increased sales and customer retention, enhancing overall profitability.

Jubilant Foodworks Limited Financial Statement Overview

Summary

Jubilant Foodworks Limited has demonstrated impressive revenue growth and strong operating cash flows. However, challenges in maintaining net profit margins and increasing leverage may pose risks. The company should focus on improving cost efficiency and managing debt levels to sustain its growth trajectory.

Income Statement

Jubilant Foodworks Limited has shown strong revenue growth from 2021 to 2025, with a significant increase in total revenue by 147% over the period. The gross profit margin has remained robust, indicating effective cost management. However, the net profit margin declined notably in 2025 due to a drop in net income, which indicates potential challenges in controlling operational costs or other expenses.

Balance Sheet

The company has a moderate debt-to-equity ratio, which increased over the years due to rising debt levels, suggesting a growing reliance on debt financing. The equity ratio has decreased, pointing towards higher leverage. However, the return on equity remains healthy, indicating efficient utilization of equity.

Cash Flow

Operating cash flow has grown steadily, aligning with revenue growth. However, the free cash flow was volatile, with significant fluctuations due to varying capital expenditures. The company's ability to generate cash from operations remains strong, although the free cash flow to net income ratio shows room for improvement.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	84.70B	81.42B	56.55B	51.58B	43.96B	33.12B
Gross Profit	37.84B	24.71B	18.16B	17.72B	16.41B	10.18B
EBITDA	16.99B	16.43B	13.56B	12.02B	11.43B	8.44B
Net Income	2.47B	2.11B	3.99B	3.53B	4.20B	2.32B
Balance Sheet
Total Assets	0.00	85.28B	81.26B	53.82B	47.82B	37.67B
Cash, Cash Equivalents and Short-Term Investments	2.11B	2.11B	2.55B	3.82B	6.63B	6.21B
Total Debt	0.00	43.72B	42.07B	25.54B	21.06B	16.20B
Total Liabilities	-21.83B	63.45B	58.82B	33.44B	28.27B	23.31B
Stockholders Equity	21.83B	21.03B	21.71B	20.38B	19.45B	14.27B
Cash Flow
Free Cash Flow	0.00	8.05B	1.57B	1.84B	4.72B	5.07B
Operating Cash Flow	0.00	16.68B	10.10B	10.26B	9.30B	7.51B
Investing Cash Flow	0.00	-8.50B	-13.74B	-5.95B	-6.54B	-6.02B
Financing Cash Flow	0.00	-8.49B	3.77B	-4.26B	-3.07B	-2.89B

Jubilant Foodworks Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 553.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:JUBLFOOD, the sentiment is Negative. The current price of 553.1 is above the 20-day moving average (MA) of 548.62, below the 50-day MA of 573.85, and below the 200-day MA of 637.13, indicating a bearish trend. The MACD of -14.65 indicates Positive momentum. The RSI at 33.13 is Neutral, neither overbought nor oversold. The STOCH value of 30.70 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:JUBLFOOD.

Jubilant Foodworks Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
JUBLFOOD	61 Neutral	₹349.29B	94.41	―	0.21%	29.48%	-6.19%
SAPPHIRE	59 Neutral	₹71.97B	-9,409.66	―	―	10.18%	-104.25%
DEVYANI	54 Neutral	₹166.07B	-491.79	―	―	20.91%	-202.35%
WESTLIFE	52 Neutral	₹77.51B	206.13	―	0.14%	6.65%	73.46%
BARBEQUE	50 Neutral	₹7.78B	-14.33	―	―	-1.36%	-516.77%
RBA	41 Neutral	₹40.22B	-18.63	―	―	7.75%	20.28%

Jubilant Foodworks Limited Corporate Events

Jubilant FoodWorks Exits Hashtag Loyalty with Sale of Entire 31.66% Stake

Jubilant FoodWorks has agreed to sell its entire 31.66% stake in Hashtag Loyalty Private Limited, an associate company whose business operations had already been discontinued, to one of Hashtag’s founders, Karan Chechani. The company had fully impaired its investment in Hashtag in the previous financial year, and Hashtag contributed negligibly to Jubilant’s consolidated income and net worth, indicating minimal financial impact from the exit. The share purchase agreement, signed on 29 December 2025, values the stake at Rs 6,415.94 and is expected to close by 12 February 2026, after which Hashtag will cease to be an associate, underscoring Jubilant’s move to streamline its portfolio around core operations while avoiding related-party concerns as the buyer is outside its promoter and group entities.

Jubilant FoodWorks to Appeal GST Demand Order from Mohali Tax Authority

Jubilant FoodWorks Limited has disclosed that the Assistant Commissioner, CGST Division I, Mohali has issued an order demanding goods and services tax (GST) of ₹81.16 lakh, an equivalent penalty, and applicable interest linked to allegedly excess input tax credit claimed under the Input Service Distribution mechanism. The company contends the order is incorrect and does not adequately consider its arguments, and it plans to challenge the demand through an appeal, while emphasizing that the matter is not expected to have a material impact on its financials, operations, or other activities.

Jubilant Foodworks Opens Special Window for Share Transfer Re-lodgement

Jubilant Foodworks Limited announced the publication of newspaper advertisements regarding a special window for the re-lodgement of transfer deeds of physical shares, as per a SEBI circular. This move is part of the company’s compliance with regulatory requirements and aims to facilitate shareholders in managing their physical share transfers, potentially impacting shareholder engagement and operational transparency.

Jubilant Foodworks Releases Q2FY26 Conference Call Recording

Jubilant Foodworks Limited announced the availability of the audio recording for its Q2FY26 results conference call, which is now accessible on the company’s website. This move ensures transparency and provides stakeholders, including analysts and investors, with insights into the company’s financial performance and strategic direction.