Jubilant FoodWorks Limited (JFL), a prominent player in the food service industry, has responded to the Bombay Stock Exchange's (BSE) inquiry regarding the recent surge in trading volume of its shares. The company's clarification sheds light on the market activity and reaffirms its commitment to transparency.

Key Points of the Clarification

• Market-Driven Surge: JFL attributes the significant increase in share volume to prevailing market conditions, emphasizing that the surge is "purely due to market conditions and absolutely market driven."

• Regulatory Compliance: The company confirms adherence to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

• Disclosure Practices: JFL asserts that all necessary disclosures, including price-sensitive information, have been made without withholding any material information that could impact the company's operations or performance.

Recent Financial Disclosure

Jubilant FoodWorks recently submitted its financial results, as noted in the clarification:

Company's Statement

Mona Aggarwal, Company Secretary and Compliance Officer of Jubilant FoodWorks, stated in the official communication:

"We hereby further submit that we are not aware of the reason for significant increase in the volume of shares of the Company, in the recent past. Therefore, the increase in the volume of the shares of the Company is purely due to market conditions and absolutely market driven."

This clarification by Jubilant FoodWorks underscores the company's commitment to maintaining transparency with its investors and regulatory bodies. By promptly addressing the BSE's inquiry, JFL demonstrates its adherence to good corporate governance practices, ensuring that all stakeholders are informed about significant market activities related to the company's shares.

Investors and market observers may take note of this clarification while considering the recent trading patterns of Jubilant FoodWorks shares. As always, it is advisable for investors to make informed decisions based on comprehensive market analysis and company performance metrics.

Jubilant FoodWorks Limited (JFL), a leading food-tech company, has reported robust financial results for the second quarter of fiscal year 2026, demonstrating strong growth across its operations and setting ambitious targets for its Domino's India business.

Financial Highlights

For Q2 FY26, JFL reported:

• Consolidated revenue from operations of Rs. 23,401.52 million, up 19.7% year-over-year
• EBITDA of Rs. 4,762.00 million, an increase of 19.5% from the previous year
• Profit after tax from continued operations of Rs. 1,099.01 million, showing a significant 53.7% growth

Domino's India Growth Strategy

JFL has outlined an aggressive growth strategy for its Domino's India business:

• Targeting 15% annual growth through like-for-like growth and store expansion
• Plans to open approximately 900 stores over the next three years
• Aims for a minimum 200 basis points improvement in EBITDA margin from the FY24 base

Network Expansion

The company continued its network expansion:

• Group store network grew to 3,480 stores, with a net addition of 93 stores
• Domino's network reached 3,179 stores, adding 81 new outlets

Market Performance

• Domino's India: Revenue up by 15.5% year-over-year, driven by 14.8% order growth
• Like-for-like growth of 9.1%, with delivery channel showing robust 16.5% growth
• Mature store Average Daily Sales (ADS) stood at Rs. 83,155

International Operations

JFL's international operations also showed strong performance:

Turkey reported system sales of Rs. 9,957 million.

Innovation and Expansion

The company introduced new products and expanded its reach:

• Launched Four Cheese Sourdough Pizza in India
• Introduced combo offers on the app
• Piloted post-order monetization with customized ads
• Expanded Domino's presence to 500 cities in India, becoming the first QSR brand to achieve this milestone

Management Commentary

Shyam S. Bhartia, Chairman, and Hari S. Bhartia, Co-Chairman of Jubilant FoodWorks Limited, commented on the results: "We are delighted with the steady topline growth across all markets. Our India business continues to grow ahead of the market while also witnessing a consistent improvement in operating margin and PAT margin."

Sameer Khetarpal, CEO and MD, added: "This has truly been a dream quarter for JFL. Domino's delivered robust like-for-like growth across all geographies, while Popeyes achieved double-digit same-store sales growth."

The company's strong performance and ambitious growth plans have been well-received by analysts, with multiple brokerages upgrading the stock and setting target prices ranging from Rs. 477 to Rs. 1,000.

As Jubilant FoodWorks continues to expand its operations and innovate its offerings, investors and industry observers will be keenly watching the company's ability to execute its growth strategy and maintain profitability in the competitive food-tech sector.