Jubilant Foodworks posts revenue at Rs1,157.90 crore for Q4FY22; stock slips ~2%

31 May 2022 , 11:31 AM

Jubilant Foodworks Limited has posted its results for the quarter and financial year ended March 31, 2022.

The company has achieved a revenue of Rs1157.90 crore in the quarter under review as compared to Rs1025.90 crore in the previous corresponding quarter, up by 12.90% yoy. For FY22, the company reported a revenue of Rs4331.10 crore as compared to Rs3268.90 crore in FY21.

The company’s EBITDA for Q4FY22 was reported at Rs289.70 crore as compared to Rs249.20 crore, registering a growth of 16.20% yoy. EBITDA for FY22 was Rs1,104.60 crore.

Jubilant’s PAT logged growth of 11.30% yoy at Rs116.50 crore for Q4FY22 as compared to Rs104.30 crore in Q4FY21. PAT for FY22 was reported at Rs437.50 crore.

EBITDA and PAT margin for the period was reported at 25% and 10.10% respectively.

The company opened 80 Domino’s stores in Q4FY22, its highest-ever in a quarter, taking the total Domino’s outlets in India to 1,567. For the financial year as a whole, the company opened 230 Domino’s stores and is expecting to add another 250 in FY23. Domino’s now has marked its presence in 337 cities.

It opened one outlet each of Dunkin’, Hong’s, and Ekdum in the quarter. After opening its 1st Popeyes store in Bengaluru, the company opened another four such outlets in the city.

The stock of Jubilant Foodworks is currently trading at Rs553 down by Rs13.8 or 2.43% from its previous closing of Rs566.80 on the BSE. The scrip opened at Rs557.50 and has touched intraday high and low of Rs564.30 and Rs547.50 respectively.