Jubilant FoodWorks hits record high after robust Q3 results

Image
Capital Market
Last Updated : Jan 19 2018 | 3:16 PM IST

Jubilant FoodWorks rose 7.30% to Rs 2,083.25 at 14:54 IST on BSE after net profit surged 230.60% to Rs 66.02 crore on 20.55% increase in total income to Rs 798.50 crore in Q3 December 2017 over Q3 December 2016.

The result was announced during trading hours today, 19 January 2018.

Meanwhile, the S&P BSE Sensex was up 198.31 points, or 0.56% to 35,458.60.

On the BSE, 2.47 lakh shares were traded in the counter so far, compared with average daily volumes of 51,647 shares in the past one quarter. The stock had hit a high of Rs 2,088 so far during the day, which is also a record high for the counter. The stock had hit a low of Rs 1,945.05 so far during the day. The stock hit a 52-week low of Rs 817.60 on 30 May 2017.

The stock had outperformed the market over the past 30 days till 18 January 2018, rising 8.85% compared with 4.39% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 26.84% as against Sensex's 8.86% rise. The scrip had also outperformed the market in past one year, rising 119.10% as against Sensex's 29.12% rise.

The large-cap company has equity capital of Rs 65.98 crore. Face value per share is Rs 10.

Jubilant FoodWorks' earnings before interest, taxes, depreciation and amortization (EBITDA) rose 113.7% to Rs 136.88 crore in Q3 December 2017 over Q3 December 2016.

The company's same store growth (SSG) was reported at 17.8% in Q3 December 2017 compared with 5.5% in Q2 September 2017 and -3.3% in Q3 December 2016.

SSG refers to the year-over-year growth in sales for restaurants in operation for 2 whole years (i.e. current & previous year).

Jubilant FoodWorks is one of India's largest food service company, with a network of 1128 Domino's Pizza restaurants across 265 cities (as of 19 January 2018). The company also has exclusive rights for developing and operating Dunkin' Donuts restaurants for India and has 43 Dunkin' Donuts restaurants across 12 cities in India (as of 19 January 2018).

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 19 2018 | 2:52 PM IST

Next Story