Jubilant FoodWorks FY26 Annual Report: Revenue Up 17.4%, 3,636 Stores Globally
Jubilant FoodWorks Limited filed its Integrated Annual Report for FY 2025-26 alongside the 31st AGM notice (August 27, 2026). Consolidated revenue grew 17.4% YoY to ₹95,125 million, standalone revenue rose 13.0% to ₹68,562 million, and consolidated EBITDA margin expanded 29 bps to 19.8%. The group added 351 stores to reach 3,636 globally, Domino's India delivered 6.5% LFL growth, Popeyes posted 28% SSG, and a dividend of ₹1.20 per share was recommended for FY26.

*this image is generated using AI for illustrative purposes only.
Jubilant FoodWorks Limited has submitted its Integrated Annual Report for FY 2025-26 along with the notice of its 31st Annual General Meeting (AGM), scheduled for Thursday, August 27, 2026, at 11:00 a.m. IST via Video Conferencing/Other Audio Visual Means (VC/OAVM). The filing was made pursuant to Regulation 30 and 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The AGM notice and Integrated Annual Report were dispatched electronically to members with registered email IDs, while others received letters with weblinks as per Regulation 36(2)(b) of the Listing Regulations.
FY26 Financial Performance
FY 2025-26 marked a year of strong execution for the Domino's Pizza franchise operator. The following table summarises key financial metrics:
| Metric: | FY26 | FY25 | Growth (%) |
|---|---|---|---|
| Consolidated Revenue from Operations: | ₹95,125 million | ₹81,045 million | +17.40% |
| Standalone Revenue from Operations: | ₹68,562 million | ₹60,674 million | +13.00% |
| Consolidated EBITDA (Reported): | ₹18,878 million | ₹15,845 million | +19.10% |
| Consolidated EBITDA Margin: | 19.80% | 19.60% | +29 bps |
| Standalone EBITDA (Reported): | ₹13,730 million | ₹11,930 million | +15.10% |
| Consolidated PAT (Continuing Ops): | ₹3,860 million | ₹2,501 million | +54.40% |
| Standalone PAT: | ₹2,273 million | ₹1,941 million | +17.10% |
| Consolidated PAT Margin (Continuing): | 4.10% | 3.10% | +97 bps |
On a standalone basis, gross profit for FY 2026 was ₹51,243.74 million with a gross margin of 74.74%. Consolidated gross profit came in at ₹68,021.35 million with a gross margin of 71.51%. Standalone Return on Capital Employed (RoCE) improved by 70 basis points to 18.90% on a pre-Ind AS 116 basis. Group System Sales came in at ₹109,838 million.
Store Network and Business Highlights
Jubilant FoodWorks expanded its global store network by 351 stores during FY 2026, ending the year with 3,636 restaurants across six countries. The Domino's India network reached 3,335 stores, with a net addition of 304 stores year-on-year. Domino's India delivered like-for-like (LFL) growth of 6.50% in FY26, building on a strong 7.50% in FY25.
| Geography: | Stores (End FY26) | Net Additions FY26 |
|---|---|---|
| India (Domino's + Popeyes + Hong's): | 2,562 | 289 |
| Turkey (incl. Azerbaijan & Georgia): | 981 | 58 |
| Sri Lanka: | 53 | 3 |
| Bangladesh: | 40 | 1 |
| Total Group: | 3,636 | 351 |
Popeyes delivered 28% same-store sales growth (SSG) for the full year. DP Eurasia (Turkey operations) posted revenue growth of 28.80% with a PAT margin of 8.30%. Operations in Sri Lanka and Bangladesh turned EBITDA profitable for the full year. Monthly active users on the Company's apps crossed 17.1 million, up 25% year-on-year, while monthly transacting users grew over 20% to 5.5 million.
Dividend and Share Capital
The Board of Directors recommended a dividend of ₹1.20 per equity share of face value ₹2.00 each (i.e., 60%) for FY 2026, subject to shareholder approval at the AGM. The total dividend outflow is expected to be ₹791.81 million. As on March 31, 2026, the paid-up equity share capital stood at ₹1,319.69 million, comprising 659,845,200 equity shares of ₹2.00 each. No change in share capital occurred during FY 2026.
ESG and CSR Highlights
Jubilant FoodWorks made significant progress on its sustainability agenda during FY 2026. The share of electric vehicles in last-mile delivery increased to 67%, up from 56% in FY25 and 47% in FY24. Renewable energy consumption across commissaries reached 52.70%. Women representation in the workforce reached approximately 35%, and 99% of Domino's food ingredients are now sourced from GFSI-certified suppliers. Under its CSR programmes, the Company reached over 1.2 million individuals through community healthcare initiatives and trained over 2,500 youth under its skill development programme, with more than 80% successfully placed. Total CSR expenditure for FY 2026 was ₹82.00 million against an obligation of ₹80.02 million.
AGM, E-Voting and Governance
Shareholders are provided with the facility to vote electronically either remotely or during the AGM. The e-voting process is facilitated by National Securities Depository Limited (NSDL).
| Event: | Date and Time |
|---|---|
| Cut-off date for voting rights: | Thursday, August 20, 2026 |
| Commencement of remote e-voting: | Monday, August 24, 2026, 9:00 a.m. IST |
| End of remote e-voting: | Wednesday, August 26, 2026, 5:00 p.m. IST |
| AGM Date: | Thursday, August 27, 2026, 11:00 a.m. IST |
Mr. Rupinder Singh Bhatia, Practicing Company Secretary (Membership No. 2599), has been appointed as the Scrutinizer to oversee a fair and transparent voting process. The results, along with the consolidated Scrutinizer's Report, will be declared within the stipulated time and uploaded to the Company's website and NSDL portal. Mr. Shamit Bhartia (DIN: 00020623) and Ms. Aashti Bhartia (DIN: 02840983), both Non-Executive Directors, are proposed for re-appointment at the AGM as they retire by rotation. During FY 2026, each received ₹2.55 million as remuneration (sitting fees and commission). Shareholders holding shares in physical form are urged to register their email IDs with MUFG Intime India Pvt. Ltd. (formerly Link Intime India Pvt. Ltd.) to ensure timely access to corporate communications and voting rights.
Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE797F01020/71faa43d51ef4e8d.pdf
Historical Stock Returns for Jubilant FoodWorks
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.90% | +1.14% | +20.50% | -2.35% | -21.35% | -34.19% |
How will the sustained double-digit revenue growth and expanding EBITDA margins influence Jubilant FoodWorks' valuation multiples compared to global QSR peers in the coming fiscal year?
What is the strategic roadmap for scaling Popeyes in India, and how might its high same-store sales growth impact the overall brand mix and profitability of the group?
Given the 67% adoption of electric vehicles for last-mile delivery, what are the projected long-term cost savings and potential regulatory advantages as India tightens emission norms?


































