Jubilant FoodWorks Share Price Jumps As Revenue, Store Network Grow In Q3

Jubilant FoodWorks Ltd., the operator of Domino’s and Dunkin’ Donuts in India, saw its stock rise over 4% following the release of its third quarter business update. The company's revenue and store network saw expansion, signaling strong growth momentum in its operations.

Jubilant FoodWorks' consolidated revenue from operations for Q3 FY25 stood at Rs 2,153 crore, marking a 56.2% year-on-year growth, as per the business update. This performance can likely be attributed to continued demand for its products, especially across its flagship Domino’s India business. On a standalone basis, the company reported a revenue of Rs 1,611 crore, reflecting an 18.9% increase year-on-year.

One of the standout figures in the report was the performance of Domino’s India, which posted a like-for-like growth of 12.5%.

Jubilant FoodWorks also continued its aggressive expansion strategy during the quarter, increasing its footprint across India and internationally. The company’s store network reached a total of 3,260 stores by the end of the quarter, with a net addition of 130 new stores. Domino’s India alone opened 60 new stores, bringing its total to 2,139 outlets nationwide.

The scrip rose as much as 4.64% to Rs 794.35 apiece. It pared gains to trade 4.08% higher at Rs 790 apiece, as of 09:19 a.m. This compares to a 0.10% advance in the NSE Nifty 50.

It has risen 47.86% in the last 12 months. Total traded volume so far in the day stood at 0.78 times its 30-day average. The relative strength index was at 80.

Out of 31 analysts tracking the company, 13 maintain a 'buy' rating, 10 recommend a 'hold' and eight suggest 'sell', according to Bloomberg data. The average 12-month analysts' consensus price target implies an downside of 18.5%.