Jubilant FoodWorks has reported robust financial results for the first quarter of FY27. Consolidated revenue surged by 14.1% year-on-year to ₹2,570 crore, while EBITDA saw a 14.2% increase to ₹504 crore. Standalone revenue and EBITDA also showed positive growth. The company highlighted strong performance from Domino’s India and exceptional momentum from Popeyes, which continues its significant growth trajectory with over 40% LFL growth for the third consecutive quarter. The company also added a net 76 new stores across its brands.
Jubilant FoodWorks Reports Strong Q1 FY27 Performance
Jubilant FoodWorks Limited (JFL) has commenced fiscal year 2027 with a strong first quarter, demonstrating confidence in its business direction. The company announced consolidated revenue from operations grew by a significant 14.1% year-on-year, reaching ₹2,570 crore. Consolidated EBITDA also saw a healthy increase of 14.2%, amounting to ₹504 crore.
Standalone and Brand-Specific Growth
On a standalone basis, revenue from operations grew by 9.2% to ₹1,849 crore, with EBITDA rising 10.2% to ₹360 crore. Domino’s India delivered a solid performance with 6.5% order growth and 2.5% like-for-like (LFL) growth, despite lapping a strong 11.6% LFL growth in the prior year. The delivery channel remained a key driver, with revenue growing 12.1%.
Popeyes Continues Exceptional Momentum
Popeyes emerged as a significant growth engine, maintaining exceptional momentum with revenue growth of 97% and LFL growth exceeding 40% for the third consecutive quarter. The company expressed confidence in Popeyes becoming a scaled national brand, aiming to build it into a ₹1,000 crore brand over the next three to four years.
Network Expansion and Strategic Initiatives
Across the group, JFL added a net of 76 new stores during the quarter. The company is also focusing on rebuilding its Dine-In and Take-Away (DITA) channel, upgrading approximately 400 stores and introducing new value propositions. Innovations like Chicken Maxxx, Ready-to-Drink Cold Coffee, and Mousse were launched to enhance customer relevance and drive frequency.
International Performance and Financial Resilience
International businesses also showed strong performance, with DP Eurasia delivering 28.2% revenue growth. Despite inflationary pressures, JFL demonstrated resilience in its operating model, limiting the year-on-year impact on its standalone EBITDA margin to approximately 20 bps through a combination of selective pricing, productivity improvements, and supply-chain efficiencies.
Outlook
Looking ahead, Jubilant FoodWorks aims to strengthen Domino’s in India and Turkey, scale Popeyes and COFFY, and leverage technology and data for increased productivity and customer centricity. The company believes it is entering a new phase of growth with a resilient business model poised to deliver long-term value.
Source: BSE