Jubilant FoodWorks Ltd - Stock Valuation and Financial Performance

BSE: 533155 | NSE: JUBLFOOD | Consumer Food | Mid Cap

Jubilant FoodWorks Share Price

461.55 8.50 1.88%
as on 12-Apr'24 16:59

DeciZen - make an informed investing decision on Jubilant FoodWorks

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

Jubilant FoodWorks stock performance -

mw4me loader
P/E Ratio (SA):
119.06
Market Cap:
30,455.2 Cr.
52-wk low:
420.9
52-wk high:
586.4

Is Jubilant FoodWorks Ltd an attractive stock to invest in?

1. Is Jubilant FoodWorks Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Jubilant FoodWorks Ltd is a good quality company.

2. Is Jubilant FoodWorks Ltd undervalued or overvalued?

The key valuation ratios of Jubilant FoodWorks Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Jubilant FoodWorks Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Jubilant FoodWorks Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Jubilant FoodWorks:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Jubilant FoodWorks Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 25.2%20.1%14.7%9.5%21.9%27.4%32.2%26.3%32%23.8%-
Value Creation
Index
0.90.50.1-0.30.61.01.91.31.81.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,7242,0742,4102,5462,9803,5313,8863,2694,3315,0965,262
Sales YoY Gr.-20.4%16.2%5.6%17.1%18.5%10.1%-15.9%32.5%17.7%-
Adj EPS 1.91.91.61.23.14.94.43.66.85.53.9
YoY Gr.--2.1%-13.2%-27.4%163.9%56.7%-11%-16.9%86.5%-18.9%-
BVPS (₹) 8.610.21212.715.82017.822.631.132.334.9
Adj Net
Profit
12612410878.2208325289240448364256
Cash Flow from Ops. 2312832202124154347327479251,052-
Debt/CF from Ops. 0000000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 12.8%11.3%9.5%17.7%
Adj EPS 12.4%11.9%8%-18.9%
BVPS15.8%15.5%21.9%4%
Share Price 16.1% 11.1% -5.8% 6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
25.220.114.79.521.927.423.117.925.217.311.5
Op. Profit
Mgn %
14.812.711.49.81517.322.823.725.72320.8
Net Profit
Mgn %
7.364.53.179.27.47.310.47.14.9
Debt to
Equity
0000000000-
Working Cap
Days
3033497074819012410810521
Cash Conv.
Cycle
-36-40-44-46-49-49-42-52-44-35-15

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 11.50%

Sales growth has been subdued in last 3 years 9.46%

Net Profit has been subdued in last 3 years 7.95%

Sales growth is not so good in last 4 quarters at 5.30%

Latest Financials - Jubilant FoodWorks Ltd.

Standalone Consolidated
TTM EPS (₹) 3.9 3.3
TTM Sales (₹ Cr.) 5,262 5,351
BVPS (₹.) 34.9 32.4
Reserves (₹ Cr.) 2,174 2,006
P/BV 13.21 14.25
PE 119.06 138.20
From the Market
52 Week Low / High (₹) 420.85 / 586.35
All Time Low / High (₹) 16.16 / 915.49
Market Cap (₹ Cr.) 30,455
Equity (₹ Cr.) 132
Face Value (₹) 2
Industry PE 66.2

Management X-Ray of Jubilant FoodWorks:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *1.491.311.671.841.671.661.660.630.790.79
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Jubilant FoodWorks

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales1,7232,0742,4102,5462,9803,5313,8863,2694,3315,096
Operating Expenses 1,4681,8122,1382,2992,5342,9233,0092,5023,2273,937
Manufacturing Costs270323370398440519547485648801
Material Costs4495215706167518769717159741,227
Employee Cost 337439568585604672785736751890
Other Costs 4125296307017388557065678521,019
Operating Profit 2552632722474466088777671,1051,159
Operating Profit Margin (%) 14.8%12.7%11.3%9.7%15.0%17.2%22.6%23.5%25.5%22.7%
Other Income 971114234769704150
Interest 000000163161173195
Depreciation 7798124151156152344367383475
Exceptional Items 000-120-8-450-7-47
Profit Before Tax 18817215998313494394309582492
Tax 6249523010717211875144136
Profit After Tax 12612310767206323275234438356
PAT Margin (%) 7.3%5.9%4.4%2.6%6.9%9.1%7.1%7.1%10.1%7.0%
Adjusted EPS (₹)1.91.91.61.03.14.94.23.56.65.4
Dividend Payout Ratio (%)0%13%15%25%16%20%29%34%18%22%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 5636717878401,0401,3191,1771,4902,0512,133
Share Capital 6566666666132132132132132
Reserves 4986067217749741,1871,0451,3581,9192,001
Minority Interest0000000000
Debt0000000000
Long Term Debt0000000000
Short Term Debt0000000000
Trade Payables172240293312387417444529530550
Others Liabilities 1371833824225067182,3562,4452,9933,515
Total Liabilities 8721,0941,4611,5741,9332,4543,9774,4645,5736,198

Fixed Assets

Gross Block7861,0549201,0321,1411,2713,6813,8194,5725,579
Accumulated Depreciation2573371152533734861,5331,7151,8892,172
Net Fixed Assets5297168067787687852,1492,1032,6833,407
CWIP 181825601315392746182
Investments 129130152168345270135614954803
Inventories32425459637392130157170
Trade Receivables9121216153319182733
Cash Equivalents 23303132129489639517541233
Others Assets1321453814626017899031,0541,1661,369
Total Assets 8721,0941,4611,5741,9332,4543,9774,4645,5736,198

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 2312832202124154347327479251,052
PBT 18817215998313494394309582492
Adjustment 7298131144137121484474531694
Changes in Working Capital 1448-11791-4-650-48-8
Tax Paid -43-35-58-37-126-177-139-87-141-125
Cash Flow From Investing Activity -240-277-201-197-352-446-98-614-534-600
Capex -241-280-222-196-111-158-282-237-443-818
Net Investments 618213-226-312160-146-74297
Others -5-150-4-152424-232-17-79
Cash Flow From Financing Activity 11-18-15-18-40-469-280-424-447
Net Proceeds from Shares 1125200000
Net Proceeds from Borrowing 0000000000
Interest Paid 0000000000
Dividend Paid 00-16-16-16-33-1450-79-79
Others 00-3-3-3-7-323-280-345-368
Net Cash Flow -881045-52166-148-335
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)25.1719.9714.638.2721.9627.3722.0717.5224.7117.03
ROCE (%)37.5627.8721.6311.8533.0441.7744.4435.0542.4432.66
Asset Turnover Ratio2.262.111.891.681.71.611.210.770.860.87
PAT to CFO Conversion(x)1.832.32.063.162.011.342.663.192.112.96
Working Capital Days
Receivable Days2222222222
Inventory Days6778778121212
Payable Days123144171179170167162248198161

Jubilant FoodWorks Ltd Stock News

Jubilant FoodWorks Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Jubilant FoodWorks on 12-Apr-2024 16:59 is ₹461.6.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 12-Apr-2024 16:59 the market cap of Jubilant FoodWorks stood at ₹30,455.2.
The latest P/E ratio of Jubilant FoodWorks as of 12-Apr-2024 16:59 is 119.1.
The latest P/B ratio of Jubilant FoodWorks as of 12-Apr-2024 16:59 is 13.21.
The 52-week high of Jubilant FoodWorks is ₹586.4 and the 52-week low is ₹420.9.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Jubilant FoodWorks is ₹5,262 ( Cr.) .

About Jubilant FoodWorks Ltd

Jubilant FoodWorks Limited (JFL) is part of the Jubilant Bhartia Group and is one of the India’s largest food service Company. The company was incorporated in 1995 and initiated operations in 1996. The company’s share is listed on National Stock Exchange of India Limited and Bombay Stock Exchange Limited. The company holds the master franchise rights for two international brands, Domino’s Pizza and Dunkin' Donuts addressing two different food market segments. The company has also entered into the Chinese cuisine segment through its indigenous brand Hong’s Kitchen and launched its first homegrown brand - Hong’s Kitchen in Chinese cuisine segment.

Business area of the company

Jubilant FoodWorks is India’s largest and fastest growing food service company. The company is a food service company and engaged in retail sales of food through two strong international brands, Domino’s Pizza and Dunkin’ Donuts addressing different food market segments.
Products offered by the company

Domino's

The company has the exclusive rights to develop and operate Domino's Pizza Restaurants in India, Sri Lanka, Bangladesh and Nepal. The Company launched its first Domino’s Pizza restaurant in Delhi in January 1996. The company is the largest franchisee for Domino’s brand outside U.S. At present, it operates in India, and through its subsidiary companies in Sri Lanka and Bangladesh.

Dunkin' Donuts

The company has the exclusive rights to develop and operate Dunkin' Donuts Restaurants in India. The company launched first Dunkin' restaurant in Delhi in April 2012. Dunkin serves wide variety of donuts, coffee, beverages, sandwiches and other goods.

Hong’s Kitchen

Jubilant FoodWorks marked its entry into the Chinese cuisine segment with the launch of its first home-grown brand - Hong’s Kitchen. The company launched first restaurant in Gurugram in March 2019. The restaurant has young, international-looking and trendy design inspired by the colours and the hustle of Asian street markets.

Awards

Jubilant FoodWorks has won

  • Jubilant FoodWorks Limited has won the ‘Recognition for Customer Centricity’ - (Service), (Large Business Organization) award based on the assessment outcome of the ‘CII Awards for Customer Obsession - 2016’.
  • Jubilant FoodWorks has won the 3rd Edition of ‘Indian Risk Management Award’ by CNBC TV-18.
  • Jubilant FoodWorks has won CSR Initiative of the year Award in 2016 at Annual Indian Retail Awards.
  • Jubilant FoodWorks has won 7 CII Awards for Food Safety - 2016 for outstanding performance, significant achievement, strong commitment, letter of appreciation in Food Safety in the Category of 'Small & Medium Food Service: Rising Star: QSR'.
  • Jubilant FoodWorks has won the Golden Peacock award in FY16 for National Quality Award, National Training Award and Risk Management.
  • Jubilant FoodWorks has been certified as Great Place to Work for building a high trust & performance culture in 2017.

Domino’s Pizza has won

  • Star Retailer of the Year Award- Domino’s won Star Retailer of the Year Award at Franchisee India Awards.
  • Coca Cola Golden Spoon Award- Most Admired Food Service Chain of the Year -QSR Foreign Origin.
  • National Award - Excellence in Customer Service- Domino’s Pizza won the National Award - Excellence in Customer Service, organised by World HRD Congress.
  • Food Service Retailer of the Year- Most Admired Food Service Retailer of the Year - Retail Expansion.
  • Golden Peacock National Training Award- Domino's Pizza India has won the ‘Golden Peacock National Training Award’ by the Institute of Directors (IOD).

Dunkin’ Donuts has won

  • National Award - Excellence In Customer Service & Loyalty - in the Category of Café Restaurant at Global Awards for Excellence in Quality Management & Leadership organized by World Quality Congress.
  • ‘Asian Award for Best in Quality Service’ at 7th Asian Best Employer Brand Award 2016 organized jointly by World HRD Congress.
  • ‘National Award - Best Customer Service by a Café Restaurant’ at Indian Restaurants Awards 2016 organized by Franchise India.
  • Food Safety Excellence Award at the Dunkin’ International Middle East Rally Awards 2016 organized by Dunkin’ International.
  • Dunkin’ won Delhi NCR Hot 50 Brands Award in FY16 presented by One India Best Marketing and Promotions Award at Images Retail Award by India Retail Forum.

Milestones

  • 1995: Domino's Pizza India Pvt. Ltd. was incorporated. Entered into a master franchise agreement with Domino's International for India (north and west regions).
  • 1996: 1st Domino’s Pizza Store was opened in New Delhi. Converted to Public Company - Domino’s Pizza India Limited.
  • 1998: Franchise rights for Domino's extended to whole of India and Nepal.
  • 2000: Entered into an agreement with IPEF and Indocean, pursuant to which IPEF and Indocean invested in the Company.
  • 2004: Launch of the ‘30 minutes or free’ campaign for Domino's
  • 2006: Total number of Restaurants crossed 100
  • 2008: Achieved monthly sales of one million pizzas.
  • 2009: Name changed to Jubilant FoodWorks Ltd. Total number of Restaurants crossed 200.
  • 2010: IPO Launched. Listed on Bombay Stock Exchange and National Stock Exchange of India Ltd.
  • 2011: Entered into a multiple unit development and franchise agreement with Dunkin' Donuts for India.
  • 2012: Opened 500th Dominos Pizza Restaurant. Became 1st brand in Food Service to launch an Online Ordering platform in India.
  • 2013: Launch of 'Dunkin' Donuts & More' Restaurants chain in India.
  • 2014: Opened 700th Restaurant. Domino’s India becomes biggest business outside USA beating UK.
  • 2016: Opened 1000th Restaurant.
  • 2017: Launch of Every Day Value Offer and All New Domino's Campaign.
  • 2018: Commercial production commenced from Mega Commissary at Greater Noida.
  • 2019: Launch of Hong’s Kitchen. Opened first Restaurant in Bangladesh.
  • 2020: Jubilant FoodWorks launches new brand 'ChefBoss'.
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