Jubilant FoodWorks Limited (JFL), a leading food-tech company, has reported robust growth for the first quarter and announced ambitious expansion plans.

Strong Financial Performance

JFL posted impressive financial results for Q1:

• Consolidated revenue grew by 17.00% year-over-year to Rs. 22,609.00 million
• Consolidated EBITDA increased by 14.30% to Rs. 4,380.00 million, with an EBITDA margin of 19.40%
• Profit After Tax from continuing operations rose by 59.80% to Rs. 972.00 million

The company's standalone performance was equally strong:

• Revenue increased by 18.20% to Rs. 17,016.00 million
• EBITDA grew by 16.20% to Rs. 3,233.00 million, with an EBITDA margin of 19.00%

Expansion Plans and Growth Strategy

Jubilant FoodWorks has outlined an aggressive growth strategy:

• The company plans to open 1,000 new stores over the next three years
• JFL aims to achieve 200 basis points margin growth over three years
• A 10-15% annual decrease in store capital expenditure is expected due to efficiency gains

Domino's India Performance

Domino's, JFL's flagship brand in India, showed remarkable growth:

• Revenue increased by 17.70%, driven by strong order growth of 17.30%
• Like-for-Like (LFL) growth stood at 11.60%, with delivery LFL growth at 20.10%
• 61 net new Domino's stores were opened, expanding the network to 2,240 stores across 484 cities

Digital and Delivery Focus

JFL continues to strengthen its digital and delivery capabilities:

• Delivery channel revenue grew by 24.60%, now accounting for 72.90% of the mix
• Monthly Active Users (MAU) for the Domino's app reached 14.70 million, up 21.50% year-over-year
• App installs increased by 19.40% to 12.30 million

International Operations

The company's international business also showed positive results:

• In Turkey, system sales reached Rs. 9,300.00 million, with revenue up 12.40% and a PAT margin of 9.40%
• Domino's Sri Lanka and Bangladesh operations reported revenue growth of 42.40% and 4.30% respectively

New Initiatives and Product Innovation

JFL introduced new products and initiatives to drive growth:

• Launched the new Chicken Burst Pizza, expanding its menu offerings
• Continued progress on the Popeyes brand, aiming to make it India's most loved chicken brand

Management Commentary

Mr. Shyam S. Bhartia, Chairman, and Mr. Hari S. Bhartia, Co-Chairman of Jubilant FoodWorks Limited, commented on the results: "We are pleased with the strong start to the year, marked by healthy top-line growth and disciplined profitability. This performance sets a solid foundation for what we believe will be a high-impact year."

Mr. Sameer Khetarpal, CEO and MD, added: "Q1 has been a stellar start, setting the tone for a dynamic year ahead. We've accelerated menu innovation, significantly expanded the share of our own digital assets and made decisive strides towards achieving 20-minute delivery."

With its strong financial performance, ambitious expansion plans, and focus on innovation and digital capabilities, Jubilant FoodWorks appears well-positioned for continued growth in the food-tech sector.

Jubilant FoodWorks Limited , the master franchise holder for Popeyes in India, has announced a significant expansion of the Louisiana-style fried chicken chain's presence in the country. The company has launched four new Popeyes stores in Mumbai, marking the brand's entry into India's financial capital.

Expansion Strategy

Popeyes, which entered the Indian market in January 2022 through a master franchise agreement with Jubilant FoodWorks, has been steadily increasing its footprint across major metropolitan areas. Prior to the Mumbai launch, the brand had already established its presence in Bengaluru, Chennai, Hyderabad, and the National Capital Region (NCR).

Competitive Landscape

The entry of Popeyes into Mumbai intensifies the competition in the quick-service restaurant (QSR) sector, particularly in the fried chicken segment. The brand is set to compete directly with established players such as KFC, challenging the existing market dynamics in the city's fast-food industry.

Management's Perspective

Sameer Khetarpal, CEO and Managing Director of Jubilant FoodWorks, expressed optimism about the brand's prospects in Mumbai. He stated, "We are confident that Mumbai customers will embrace Popeyes' signature offerings." Khetarpal's confidence stems from the "incredible response" the brand has received across other Indian cities where it has already established a presence.

Future Outlook

The expansion into Mumbai is a strategic move for Jubilant FoodWorks, potentially setting the stage for further growth in Western India. The company's aggressive expansion strategy for Popeyes suggests a strong belief in the brand's ability to capture a significant share of India's growing QSR market.

Investor Relations

Jubilant FoodWorks Limited has announced a conference call for analysts and investors scheduled for August 13, 2025, at 17:30 IST. The call will discuss Q1 FY26 results and provide business updates, indicating the company's commitment to transparent communication with its stakeholders.

The expansion of Popeyes in Mumbai, coupled with Jubilant FoodWorks' proactive investor relations approach, underscores the company's focus on growth and market penetration in the competitive Indian fast-food landscape.