Jubilant FoodWorks Q4 Review - Delivery, Takeaways Gain Strength: IDBI Capital
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Jubilant Foodworks Ltd. has reported in-line result for Q4 FY21.
The company has reported strong recovery in overall business driven by strong growth momentum in delivery and takeaway channels while dine-in continues to struggle impacted by reduced mobility.
Margins remained accretive YoY due to delivery fees and reduced competitive intensity.
Cheese and milk price remained inflationary during the quarter. However, management expects inflation to subside going forward.
During FY21, despite pandemic, the company added 134 stores versus 123 in FY20.
Click on the attachment to read the full report:
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.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.