Jubilant FoodWorks reported a strong Q2 FY26 with consolidated revenue increasing by 19.7% year-over-year to ₹23.4 billion. Domino’s India saw a like-for-like growth of 9.1%. The company added 93 stores across brands and markets, with plans to continue expansion. The company is focused on innovation and efficiency, with improving EBITDA and PAT margins.
Financial Performance
In Q2 FY26, Jubilant FoodWorks’ consolidated revenue from operations increased by 19.7% year-over-year, reaching ₹23.4 billion. EBITDA grew by 19.5% to ₹4.8 billion. Consolidated PAT from continued operations increased by 53.7% year-over-year. Domino’s India’s like-for-like growth was reported at 9.1%.
India Business
Domino’s India reported revenue growth of 15.5%, with delivery like-for-like growth at 16.5%. The company expanded its store network in India by 88 stores in Q2, bringing its service to 500 cities. They launched sourdough pizza and breads, gaining traction among customers. The pre-IndAS EBITDA margin of the India business improved year-on-year and quarter-on-quarter.
Turkey Business
The Turkey business exceeded expectations, with Domino’s LFL at 5.6% post IAS 29. The business reported revenues of ₹5.9 billion and a PAT margin of 10.4%.
Store Expansion
Jubilant FoodWorks added 93 stores during Q2 FY26, operating close to 3,500 stores, of which close to 2,500 are Domino’s. Domino’s India expanded its footprint to 500 cities. 8 new Popeyes stores were opened, including 4 in Mumbai.
Strategic Initiatives
The company launched an ad monetization platform on the Domino’s app. The app traffic grew by 28%, and the loyalty member base rose to over 40 million. There’s a focus on artificial intelligence integration within their technology platform to enhance productivity across all functions.
Looking Ahead
The company expects to open approximately 1,000 stores in the next three years. They are targeting Domino’s India to grow closer to 15% year-on-year, with 5-7% from like-for-like growth and 7-10% from store expansion. The focus remains on product innovation and technology to drive growth and improve margins.
Source: BSE