Jubilant FoodWorks Q2 Review - Popeyes, New Ventures Key To Re-Rating: Prabhudas Lilladher

Jubilant FoodWorks Q2 Review - Popeyes, New Ventures Key To Re-Rating: Prabhudas Lilladher

An employee places a cooked pizza into a delivery box inside a Domino's Pizza Group Plc store. (Photographer: Jason Alden/Bloomberg)

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Prabhudas Lilladher Report

We remain constructive on Jubilant FoodWorks Ltd. given-

  1. medium term potential of 3000 stores,

  2. lower competition given Covid-19 led shakeout,

  3. strong ecosystem with digital and own delivery network,

  4. launch of Popeye’s providing future growth potential given huge opportunity in chicken market and

  5. increased investment in Hong's Kitchen to take it beyond Delhi and national capital region,

  6. increasing growth opportunities in DP Eurasia, Sri Lanka and Bangladesh.

We believe Jubilant FoodWorks has all the right ingredients to capitalise on growth opportunity in India and emerge as a global quick service restaurant player.

We believe success of Popeyes and ability to profitably scale up international operations hold key to further re-rating.

Click on the attachment to read the full report:

Prabhudas Lilladher Jubilant FoodWorks Q2FY22 Result Update.pdf
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DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

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