Despite margin concerns, growth outlook & strong balance sheet can support valuation
After rallying ahead of results, stock sees a steep 8.7% fall on Wednesday
Revenue from operations in the second quarter stood at Rs 1,116.19 cr as compared to Rs 816.33 cr in the corresponding period of the last fiscal year
The financial risk profile is supported by a debt-free status, strong net worth and high financial flexibility
Traders are advised to continue with a stock specific approach but keep booking timely profits as well
Analysts believe Jubliant FoodWorks aggression towards store opening and increase investment towards digital infrastructure will allow the company to emerge stronger from the pandemic.
Investments in supply chain, technology and network expansion are key positives
With vaccinations well under way, the management believes that the worst is behind them and is confident of delivering strong, sustained growth in the periods ahead
Operating revenue more than doubles to Rs 879 crore
Jubilant Foodworks reported a consolidated net profit of Rs 69.06 crore in the first quarter ended June 30, aided by higher revenues despite the second wave of COVID-19 disrupting operations.
Motilal Oswal Financial Services (MOFSL) expects Burger King India to rise as much as 117 per cent in the next three years
New formats of chicken, biryani and Chinese offer incremental opportunities
This comes after the company reported over three fold jump in its consolidated net profit for the fourth quarter
The company witnessed around 90 per cent recovery in both April and May versus pre-COVID levels, despite dine-in being minimal
The firm's revenue from operations stood at Rs 1,037.85 crore in Q4, up 14.21 per cent from Rs 908.75 crore in the corresponding period a year ago
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The firm operates fast-food chains Domino's Pizza and Dunkin' Donuts in India
Jubilant FoodWork's stock price is forming bullish higher top, higher bottom formation on the weekly and monthly charts
Data is worth 13 terabytes and also includes 180 million orders with phone nos, emails, addresses, and payment details, says intelligence firm chief
Analysts say shift to organised biz will bring more consumers to restaurants