Jubilant FoodWorks FY26 Net Profit Surges 105%
Jubilant FoodWorks reported a 105% surge in FY26 consolidated net profit to INR 4,442.39 million, supported by a 17.4% increase in revenue from operations to INR 95,125.06 million. Q4 performance was strong, with net profit rising to INR 800 million and EBITDA margins expanding to 19.4%. The board recommended a dividend of INR 1.2 per share, while the company expanded its store count by 351 net stores during the year.

*this image is generated using AI for illustrative purposes only.
Jubilant FoodWorks reported its audited financial results for the year ended March 31, 2026, showcasing a strong performance across key financial metrics. The company's consolidated net profit for the year surged to INR 4,442.39 million, compared to INR 2,171.22 million in the previous year — a growth of over 105%. This was driven by a robust increase in revenue from operations, which rose 17.4% to INR 95,125.06 million from INR 81,044.89 million in FY25. Domino's India delivered 6.5% like-for-like (LFL) growth in FY26, against the company's medium-term guidance of 5–7%.
Q4 Performance
For the quarter ended March 31, 2026, Jubilant FoodWorks delivered a strong set of numbers across all key metrics. The company reported a consolidated net profit of INR 800 million, compared to INR 480 million in the same quarter of the previous year. Revenue from operations for the quarter came in at INR 25 billion, up from INR 21 billion in Q4 of the prior year, reflecting a 19.3% year-on-year increase. EBITDA (earnings before interest, taxes, depreciation, and amortisation) for the quarter stood at INR 4.85 billion versus INR 3.9 billion in Q4 of the prior year, with EBITDA margins improving to 19.4% from 18.51% year-on-year — an improvement of 69 basis points.
The following table summarises the key Q4 metrics on a year-on-year basis:
| Metric | Q4 FY26 | Q4 FY25 |
|---|---|---|
| Consolidated Net Profit | INR 800m | INR 480m |
| Revenue from Operations | INR 25b | INR 21b |
| EBITDA | INR 4.85b | INR 3.9b |
| EBITDA Margin | 19.4% | 18.51% |
Full-Year Financial Highlights
The company's full-year performance reflected sustained operational momentum. Profit from continuing operations for FY26 stood at INR 3,860.34 million, up from INR 2,500.63 million in the prior year. Total income for the year rose to INR 95,866.43 million from INR 81,781.44 million in FY25. The board has recommended a dividend of INR 1.2 per equity share of INR 2 each, subject to shareholder approval at the upcoming Annual General Meeting.
The following table summarises the key full-year financial metrics:
| Metric | FY26 (INR Million) | FY25 (INR Million) |
|---|---|---|
| Consolidated Net Profit | 4,442.39 | 2,171.22 |
| Revenue from Operations | 95,125.06 | 81,044.89 |
| Profit from Continuing Operations | 3,860.34 | 2,500.63 |
| Total Income | 95,866.43 | 81,781.44 |
Operational and Strategic Updates
During the year, the Board of Directors approved the non-renewal of the rights for the development and operation of the Dunkin' brand in India. Consequently, the results of the Dunkin' brand operations have been disclosed as discontinued operations. Additionally, the Group transferred its entire stake in its Russian subsidiary, Pizza Restaurants LLC, during the year. The financial statements include an exceptional item of INR 337.04 million related to the Labour Codes, which resulted in an increase in gratuity and leave liabilities. The auditors, Deloitte Haskins & Sells LLP, issued an unmodified opinion on the audited standalone and consolidated financial results.
The company expanded its store network significantly during the fiscal year, adding 351 net stores to reach a total of 3,636 stores worldwide as of March 31, 2026. In Q4 alone, the company added 69 net stores, with the India business adding 61 stores in the quarter and Turkey adding 8 stores.
Historical Stock Returns for Jubilant FoodWorks
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.23% | -5.17% | -7.47% | -25.87% | -35.25% | -27.71% |
With Dunkin' India being discontinued and the Russian subsidiary divested, which new international markets or brand partnerships is Jubilant FoodWorks likely to pursue to sustain its global expansion strategy?
Given that Domino's India achieved 6.5% LFL growth within the 5–7% medium-term guidance band, can the company maintain or accelerate this trajectory amid rising competition from quick commerce and cloud kitchen players?
With 351 net store additions in FY26, what is Jubilant FoodWorks' store expansion target for FY27, and how will the capital allocation strategy evolve to fund this growth while sustaining margin improvements?


































