The stock has increased by 90.65% in last one year, while the benchmark index S&P BSE Sensex has increased by 56.23%.
The stock price increased after the company reported a more than threefold increase in its consolidated net profit for the fourth quarter ended March 2021, which stood at Rs.105.30 crore (Q4FY21). In the Q4FY20, it made a profit of Rs.32.54 crore.
For the fiscal year 2020-21, the board has recommended a final dividend of Rs.6 per equity share, or 60% of the face value of Rs.10 per share.
During Q4FY21, the company’s revenue from operations increased 14.2 percent year on year (YoY) to Rs.1038 crore. In the corresponding quarter of fiscal year 2019-20, the figure was Rs.909 crore. “This was driven by 15.1 percent Like-for-Like (LFL) sales growth (adjusted for temporary restaurant closures) and 11.8 percent same-store growth (SSG) at Domino’s. Domino’s saw continued growth in its delivery and takeaway channels, which increased by 28.7% and 76.9%, respectively.
The EBITDA margin increased by 540 basis points (bps) year on year to 24.3%.
Despite low dine-in, the company saw a 90 percent recovery in both April and May compared to pre-COVID levels. Cheese and edible oil prices are rising, but management does not anticipate any significant impact on profitability as a result of cost savings.
The company announced acquisition of 32.81% equity stake in DP Eurasia N.V., an exclusive master franchisee of Domino’s Pizza in Turkey, Russia, Azerbaijan and Georgia.
The company also announced a landmark agreement to bring Popeyes® to India, Bangladesh, Nepal and Bhutan. Popeyes® is one of the largest chicken quick-service restaurants with over 3,400 restaurants in over 25 countries around the world.
Jubilant FoodWorks Limited (JFL) is one of India’s largest food service companies and a part of the Jubilant Bhartia Group. The company was founded in 1995 and began operations in 1996. The company owns the master franchise rights to two international brands, Domino’s Pizza and Dunkin’ Donuts, which cater to two distinct food market segments.
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