2 weeks ago
Jubilant FoodWorks Shares Jump 4% After Q1 Results
Jubilant FoodWorks is a company that runs many pizza and fried chicken restaurants in India, including Domino's and Popeyes.
The company just told everyone how much money it made in the first three months of its business year.
The news was pretty good, so people who buy shares decided the company was worth a little more.
Its shares went up by 4%.
The company made more money this year than it did last year.
Some smart people who study companies, called analysts, think the pizza business will grow even more in the coming months.
Popeyes, the fried chicken restaurant, is doing very well and selling lots of food every day.
Because of this good news, many analysts told people to keep buying the shares.
However, not everyone agrees—one analyst said we should be careful and wait to see if things keep improving.
Overall, it was a good day for the company.
Jubilant FoodWorks shares rose 4% to Rs 511 in Friday morning trading following its Q1 results.
Q1 FY27 profit after tax grew 4.3% year-on-year to Rs 70 crore from Rs 66.7 crore.
Revenue from operations rose 9.2% to Rs 1,848.85 crore, while EBITDA increased to Rs 360 crore with margin at 19.5%.
Jefferies and CLSA retained positive ratings on the stock, while HSBC kept a cautious 'Hold' rating.
Domino's India like-for-like growth stood at 2.5%, with management targeting 5-7% in FY27, and Popeyes average daily sales crossed Rs 95,000.
Despite Friday's rise, shares are down 8.1% so far in 2026 versus a 6.7% decline in the Nifty 50.
- Who
- Jubilant FoodWorks, the Indian operator of Domino's and Popeyes, along with analysts at Jefferies, CLSA and HSBC.
- What
- The company posted a 4.3% rise in Q1 profit after tax to Rs 70 crore, and its shares jumped 4% to Rs 511.
- Where
- India
- When
- Friday morning trading, following the release of fiscal first-quarter (Q1 FY27) results.
- Why
- Investors and analysts highlighted the potential for a Domino's India growth recovery and continued strong performance from Popeyes.
Optimistic View
Cautious View
Domino's India growth outlook
Optimistic View
Jefferies and CLSA expect Domino's India LFL growth to improve ahead, supported by internal and external factors and a favourable base, with management targeting 5-7% in FY27.
Cautious View
HSBC described Domino's growth as muted and expects the broader recovery to be gradual.
Stock rating
Optimistic View
Jefferies maintained a 'Buy' rating with a Rs 650 target and CLSA kept 'Outperform' with a Rs 554 target, raising FY27-FY29 estimates by 12-14%.
Cautious View
HSBC retained a 'Hold' rating with a lower Rs 500 target price.
Key facts
- Stock price
- Rs 511, up 4%
- Profit after tax (Q1 FY27)
- Rs 70 crore, up 4.3% YoY
- Revenue from operations
- Rs 1,848.85 crore, up 9.2% YoY
- EBITDA
- Rs 360 crore; margin 19.5% (up from 19%)
- Market capitalisation
- Above Rs 33,500 crore
- Domino's India LFL growth
- 2.5%; management target of 5-7% for FY27
- Popeyes average daily sales
- Crossing Rs 95,000
- Analyst ratings
- Jefferies Buy (Rs 650), CLSA Outperform (Rs 554), HSBC Hold (Rs 500)
Sources
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