Jubilant FoodWorks Q4 Review - Delivery, Takeaways Gain Strength: IDBI Capital
An employee opens the door to the kitchen at a Domino’s Pizza outlet, operated by Jubilant Foodworks Ltd. (Photographer: Prashanth Vishwanathan/Bloomberg)

Jubilant FoodWorks Q4 Review - Delivery, Takeaways Gain Strength: IDBI Capital

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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:

IDBI Capital Jubilant FoodWorks Q4FY21 Result Update.pdf

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