Jubilant FoodWorks (JUBLFOOD) Q1 26/27 earnings summary

Executive summary

• Popeyes has emerged as a strong second growth engine, achieving 45% LFL growth in Q1 FY27, driven by superior product, brand building, and strong store execution.

• Domino's continues to focus on delivery and is implementing a three-pillar playbook to revive dine-in and takeaway channels, including service improvements, targeted offers, and menu innovation.

• Unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, were approved by the Board on August 13, 2026.

• Both standalone and consolidated results were reviewed by the Audit Committee and statutory auditors, with no material misstatements identified.

• Management remains committed to 5%-7% LFL growth for the year, with Q2 expected to be better than Q1's 2.5% growth.

Financial highlights

• Standalone revenue from operations for Q1 FY27 was INR 18,488.51 million, up from INR 16,929.09 million year-over-year.

• Consolidated revenue from operations for Q1 FY27 was INR 25,696.54 million, up from INR 22,521.88 million year-over-year.

• Gross margin stood at 75.5% in Q1 FY27, with price increases and supply chain efficiencies helping offset inflationary headwinds.

• Delivery order volumes grew despite price increases, and digital channels accounted for 76% of business.

• Standalone net profit for the quarter was INR 696.21 million, compared to INR 667.00 million in Q1 FY26.

Outlook and guidance

• CapEx guidance for FY27 remains at INR 750-900 crores, focused on new store expansion, technology, and existing store upgrades.

• Management is confident in achieving 200 bps EBITDA margin expansion, with half expected from Domino's and half from emerging brands.

• The company continues to monitor regulatory changes, including the implementation of new Labour Codes, and will adjust financial provisions as needed.