Jubilant FoodWorks has expanded its retail network by adding 114 new stores, bringing the company's total store count to 3,594 locations. This expansion represents the company's continued efforts to strengthen its market presence across various segments.

Store Expansion Overview

The recent store additions contribute to the company's ongoing growth strategy, though the current total falls below the ambitious targets set for the year-end.

Target Achievement Status

With the current store count at 3,594 locations, Jubilant FoodWorks remains below its year-end target range of 3,750-3,800+ stores. This indicates that the company would need to add between 156 to 206 additional stores to meet its lower target threshold.

The expansion reflects the company's commitment to increasing its retail footprint, though achieving the full year-end target may require accelerated store opening activities in the remaining period.

Jubilant FoodWorks Limited, which operates fast-food chains Domino's Pizza and Dunkin' Donuts, has announced the divestment of its complete stake in associate company Hashtag Loyalty Private Limited through a Share Purchase Agreement executed on December 29, 2025. The transaction involves the sale of the company's entire 31.66% holding in Hashtag Loyalty for a total consideration of ₹6,415.94.

Transaction Details

The Share Purchase Agreement was signed with Mr. Karan Chechani, one of the founders of Hashtag Loyalty Private Limited. Following the completion of this transaction, Hashtag Loyalty will cease to be an associate company of Jubilant FoodWorks.

Financial Impact and Background

The divestment follows the discontinuance of business operations at Hashtag Loyalty Private Limited. During the previous financial year 2024-25, Jubilant FoodWorks had already fully impaired its investment in the associate company, indicating that the financial impact of this sale had been accounted for in prior periods.

Market Performance and Regulatory Compliance

Shares of Jubilant FoodWorks Limited ended at ₹563.15, up by ₹3.35, or 0.60% on the stock exchange following the announcement. The transaction does not fall within the ambit of related party transactions, as the buyer is not part of the promoter, promoter group, or group companies of Jubilant FoodWorks. The company has made this disclosure in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations 2015.

Strategic Implications

This divestment represents Jubilant FoodWorks' strategic decision to exit from Hashtag Loyalty following the discontinuance of the associate's business operations. The sale to one of the original founders suggests an orderly wind-down of the company's involvement in this venture. With the investment already fully impaired in the previous financial year, the transaction is not expected to have any material impact on the company's current financial performance.