Stock Verdict Jubilant Food. 2023-07-05

Report as on 5 July 2023 at 01:07 AM
POOR GROWTH IN
LONG TERM OPERATING
PROFITS
Very Negative Jubilant
Results in Mar 23
Food.
Mildly Bearish
Technical Trend Sell
Expensive CMP: 499.40

Valuation
STOCK INFO:
Market
BSE – 533155/ NSE – JUBLFOOD
Market Cap - Large Cap (Rs. 33,434 cr)
Underperformance
Sector – Lifestyle
52 w H/L (Rs.) – 652.2/412.2
Dividend Yield: 0.24%
Last 1 Year Debt Equity: 1.07%
Return on Equity: 17.33%
Price to Book: 16.27
www.marketsmojo.com
Jubilant Food.
CMP: 499.40 33 Sell
Report as on 5 July 2023 at 01:07 AM
Strong Sell Sell Hold Buy Strong Buy
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WHY IT’S A SELL? IS THIS STOCK FOR YOU?

Medium Risk, Low Return (1 Year)
Poor long term growth as Net Sales has grown by
an annual rate of 9.69% over the last 5 years Absolute Risk Volatility
Adjusted
With a fall in Net Sales of -4.65%, the company
declared Very Negative results in Mar 23 Jubilant Food. -8.90% -0.33 26.99%
-The company has declared negative results for the SENSEX 23.00% 1.95 11.81%
last 2 consecutive quarters
-PAT(Q) At Rs 28.54 cr has Fallen at -72.9 % How much should you sell? - All quantity irrespective of
whether you are making profits or losses
-ROCE(HY) Lowest at 15.28 %
When to re-enter? - We will constantly monitor the
- OPERATING PROFIT TO INTEREST (Q) Lowest at 4.71 company and review our call based on new data
times
Stock is technically in a Mildly Bearish range RETURNS SUMMARY (Price + Dividend)
-The technical trend has deteriorated from Sideways The stock gave a total returns of -8.47% in the last 1 year
on 30-Jun-23 Underperforming Sensex returns of 23.00%
-Multiple factors for the stock are Bearish like MACD, 200%
Bollinger Band and KST

With ROCE of 15.8, it has a Expensive valuation
100%
with a 8.3 Enterprise value to Capital Employed

0%
-The stock is trading at a discount compared to its
average historical valuations
-100%
-Over the past year, while the stock has generated a
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return of -8.90%, its profits have fallen by -17% -2
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Underperformed the market in the last 1 year Jubilant Foodworks Ltd SENSEX
-Even though the market (BSE 500) has generated
returns of 22.43% in the last 1 year, the stock has
Investors Returns (3 years) –
hugely underperformed and has generate negative
returns of -8.90% returns Period 6M 1Y 2Y 3Y
Stock (%) 0.21% -8.47% -19.27% 46.32%
Sector (%) 0.60% 0.60% 21.50% 113.15%
WHAT ARE OTHER FACTORS? Sensex (%) 7.95% 23.00% 24.76% 81.78%
High Management Efficiency with a high ROCE of
30.80%
DO YOU HAVE OTHER BETTER CHOICES?

Within same sector Within same market cap
There are no stocks in Lifestyle industry which we would IndusInd Bank Ltd.
recommend at this point
Get Verdict Report
MOJO PROFESSIONAL 1
Jubilant Food. SELL | Report as on 5 July 2023 at 01:07 AM
BEFORE PROCEEDING AHEAD

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MOJO PROFESSIONAL 2
perform, modify, create derivative works, transmit, or in any way exploit any such content. Unauthorized usage is an infringement of our intellectual property rights and
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GROWTH
POOR LONG TERM GROWTH AS NET SALES

HAS GROWN BY AN ANNUAL RATE OF
9.69% OVER THE LAST 5 YEARS
Poor Growth in Net Sales 6000Cr
of 9.7% CAGR 5,158
9.7% Company has experienced an increase

4,396
CAGR in its Net Sales in each of the past 4

4000Cr
3,530
3,885
2,980
consecutive years
Company’s Net Sales growth has 2000Cr
increased in each of the past 4
consecutive years
Net Sales has seen a high growth of 0Cr
17.33% over previous period Mar 2018 Mar 2019 Mar 2020 Mar 2022 Mar 2023
Operating Profit of 10.8% 1000Cr
CAGR
10.8% Company’s Operating Profit has fallen
750Cr 715
CAGR
665
after increasing for 3 consecutive 532

periods 500Cr 455
Company’s Operating Profit growth 290

has fallen after increasing for 3 250Cr
consecutive periods
0Cr
Mar 2018 Mar 2019 Mar 2020 Mar 2022 Mar 2023
Net Profit of 2.5% CAGR 600Cr
2.5% Net Profit has seen a high fall of -

16.94% over previous period
425
CAGR 400Cr
327
353
310
206
200Cr
0Cr
MOJO PROFESSIONAL 3
FINANCIAL TREND
WITH A FALL IN NET SALES OF -4.65%, THE

COMPANY DECLARED VERY NEGATIVE
RESULTS IN MAR 23
Near term PBT trend is negative

164.07
Rs 33.7 cr PBT less Other Income (Rs Cr)

Lowest at Rs 33.65 cr. 121.04
150.15
101.91
PBT - Quarterly in the last five quarters
33.65
Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Near term PAT trend is very 131.53

negative
-72.9% 96.76
112.75
PAT (Rs Cr) 80.38

PAT Growth At Rs 28.54 cr has Fallen at -72.9 %
over average PAT of the previous four quarters of Rs
105.36 Cr 28.54
The company's ability to manage 6.49

interest payments is deteriorating
6.29 6.28
4.7 times 5.53

4.71
Operating Profit to Interest
Interest Lowest at 4.71 times
Coverage Ratio - in the last five quarters
Quarterly
MOJO PROFESSIONAL 4
FINANCIAL TREND
Company's efficiency has

19.6% deteriorated 24.64 24.23 23.96
21.51
19.62
Operating Profit to Sales
Operating Profit Lowest at 19.62% and Fallen
Margin - each quarter in the last five quarters
Quarterly
The company's efficiency in terms

of profit generated on overall
15.3% capital (equity and debt) is
20.84
18.28 19.09
deteriorating
15.39 15.28
ROCE - Half
Yearly
ROCE (%)
Lowest at 15.28 %
in the last five half yearly periods
Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023
Near term Operating Profit trend

Rs 249.1 is negative 289.79
304.13 311.86
286.46
249.12
cr Operating Profit (Rs Cr)
Lowest at Rs 249.12 cr.
Operating Profit in the last five quarters
- Quarterly
MOJO PROFESSIONAL 5
FINANCIAL TREND
Increased income from non

Rs 19.8 cr business activities may not be
sustainable 19.75
Non Operating
Non Operating Income 12.64
Income - 10.66 10.43
Highest at Rs 19.75 cr 9.57
Quarterly
in the last five quarters
Declining profitability; company

Rs 0.4 cr has created lower earnings for
shareholders
1.99
1.71
Earnings per 1.47
EPS (Rs) 1.22
Share (EPS) -
Lowest at Rs 0.43
Quarterly
in the last five quarters 0.43
Short Term liquidity is

Rs 256.9 deteriorating 755.01
cr Cash and Cash Equivalents

Lowest at Rs 256.91 cr
539.18
429.19
563.36
417.52
Cash and Eqv - in the last six half yearly periods 256.91
Half Yearly
Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023
MOJO PROFESSIONAL 6
FINANCIAL TREND
The company is borrowing more

to fund its operations; it's liquidity
1.25
1.3 times
1.14 1.12
1.08
situation may be stressed
1.01
Debt-Equity Ratio
Debt-Equity Ratio
- Half Yearly
Highest at 1.25 times
in the last five half yearly periods
Company's pace of settling its

179.5 Debtors has slowed 216.77
199.37 205.8
197.14
times Debtors Turnover Ratio 179.54
Lowest at 179.54 times

Debtors in the last five half yearly periods
Turnover Ratio-
Half Yearly
Mar'23 Dec'22 Change%

Net Sales 1,269.9 1,331.8 -4.7%
Key Operating Profit (PBDIT) excl Other Income 249.1 286.5 -13.0%
Result Interest 52.9 51.8 2.0%
Highlights Exceptional Items 0.0 0.0
Consolidated Net Profit 28.5 80.4 -64.5%
Operating Profit Margin (Excl OI) 19.6 21.5 -1.9%
Consolidate- figures in Rs
Cr
MOJO PROFESSIONAL 7
TECHNICALS
STOCK IS TECHNICALLY IN A MILDLY

BEARISH RANGE
Mildly Bearish Daily Moving Averages indicating near term price weakness
Current Price 50 Day Moving Average 200 Day Moving Average
499.40 479.06 507.91
Factors with downward momentum

Indicator Technical Trend
MACD Bearish (monthly)
Bollinger Band Bearish (monthly)
KST Bearish (monthly)
Consistent Underperformance against the benchmark over the last 3 years

3 Months 1 Year 3 Years
90.44%
14.57% 22.43%
13.14%
43.73%
-8.90%
Stock BSE 500 Stock BSE 500 Stock BSE 500
MOJO PROFESSIONAL 8
VALUATION
WITH ROCE OF 15.8, IT HAS A EXPENSIVE

VALUATION WITH A 8.3 ENTERPRISE
VALUE TO CAPITAL EMPLOYED
Expensive
Expensive Devyani Intl. Page Industries
valuation
Jubilant Food.
Valuation PVR Inox
as compared to its Fundamentals Raymond
Attractive
Weak Fundamental Strong
Very
Enterprise value to Capital Employed vs ROCE
160 60
Fundamental
Attractive
Valuation
80 30
0 0
as compared to its
3
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past valuations
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Company Valuation Price to Book PE Ratio PEG Ratio Dividend

Ratio Yield
Key
Jubilant Food. Expensive 16.2 93.3 0 0.2%
Valuation
Multiples Page Industries Very Expensive 30.2 72.5 11.2 0.7%
vs Peers
Devyani Intl. Very Expensive 23.4 82.2 1.4 0%
PVR Inox Fair 1.8 -40.2 0 0%
Raymond Very Attractive 3.9 21.4 0.8 0%
MOJO PROFESSIONAL 9
RETURNS
UNDERPERFORMED THE MARKET IN THE

LAST 1 YEAR
Even though the market 200%
(BSE 500) has generated
returns of 22.43% in the 100%
last 1 year, the stock has

-8.90% hugely underperformed 0%
DOWN and has generate

negative returns of -8.90% -100%
returns
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Jubilant Foodworks Ltd BSE500
Underperfomer against Large Cap companies

Jubilant Foodworks Ltd has been in the Third
and Fourth Quartile in the YTD
4th
Quartile
4th
Quartile
3rd
Quartile
Stock has been in the 4th quartile in 2022
and in the YTD period
YTD 2022 2021

-2.26% -28.84% 28.68%
Company 1 Month 3 Month 1 Year 3 Years

Jubilant Food. 1.41% 14.57% -8.9% 43.73%
Return Page Industries -3.6% -1.7% -11.65% 80.23%
Comparison
Devyani Intl. 1.4% 28.39% 17.92% -
with Peers
Closest peers by PVR Inox -1.88% -9.31% -27.29% 33.06%
market cap Raymond 9.15% 44% 99.03% 536.32%
MOJO PROFESSIONAL 10
FACTORS
WORKING
FOR THE COMPANY

MANAGEMENT RISK
HIGH MANAGEMENT EFFICIENCY WITH A

HIGH ROCE OF 30.80%
ROCE
The company has been able to generate a Return on Capital
30.80% ROCE
Employed (avg) of 30.80% signifying high profitability per unit
of total capital (equity and debt)
Dividend Payout Ratio

An average Dividend Pay-out ratio of 18.84% may signify the
18.84%
Dividend Payout Ratio
company is not able to payback profits to shareholders at this
point
Tax Ratio
High Tax Ratio signifies that the profits generated by the
27.13% Tax Ratio
company are real and it is making adequate contributions
towards by paying due taxes
Institutional Holding
High Institutional Holdings at 47.24%- These investors have
47.24%Institutional Holding
better capability and resources to analyse fundamentals of
companies than most retail investors
CAPITAL STRUCTURE
STRONG ABILITY TO SERVICE DEBT AS THE

COMPANY HAS A LOW DEBT TO EBITDA
RATIO OF 1.12 TIMES
Total Debt Debt to Equity Ratio
Average Debt to Equity Ratio Mar 2023 2,553.73 0.49
Company’s average Debt to Equity ratio over the past few years Mar 2022 2,325.60 0.35
is average at 0.49 times
Mar 2020 1,628.13 -0.22
No clear trend in Debt to Equity Ratio numbers Mar 2019 - -0.27
Total Debt Debt to EBITDA Ratio

Low Debt to EBITDA Ratio Mar 2023 2,553.73 1.12
Company’s average Debt to EBITDA ratio over the past few Mar 2022 2,325.60 0.92
years is low at 2.02 times
Mar 2020 1,628.13 0.22
No clear trend in Debt to EBITDA Ratio numbers
Total Debt EBIT to Interest

Healthy EBIT to Interest Mar 2023 2,553.73 91.06
Company has healthy average EBIT to Interest ratio of 91.06 Mar 2022 2,325.60 100
times
Mar 2020 1,628.13 100
No clear trend in EBIT to Interest numbers
Mar 2019 - 100
SHAREHOLDING
INSTITUTIONAL INVESTORS COLLECTIVELY

HOLD 47.24 % OF THE COMPANY
These investors have better capability and resources 60%
to analyse fundamentals of companies than most 51.27%

47.59% 48.60% 47.66%
47.14% 47.24%
retail investors.
40%
20%
0%
Dec 21 Mar 22 Jun 22 Sep 22 Dec 22 Mar 23
Insurance
Companies
FIIs
25.39%
Shareholding Snapshot : Mar 23
4.05% Other Majority shareholders : Promoters
0.18%
Mutual Funds
15.59% Non Instituti… Pledged Promoter Holdings : 1.66
10.82%
Mutual Funds : Held in 29.00 Schemes (15.59%)
Other DIIs
2.21% FIIs : Held by 562 FIIs (25.39%)
Promoters Promoter with highest holding : Jubilant Consumer Private Limited
(41.94%)
41.94%
Highest Public shareholder : Uti Flexi Cap Fund (2.77%)

Individual Investors Holdings : 8.3%
FII
40%
holding has decreased by -

31.87%
29.80%
30% 28.66%
26.77%
1.38% 25.39%
Number of FIIs holding stake in the company has 20%
decreased to 562 from 583

10%
0%
SIZE
SECOND BIGGEST COMPANY IN THE

INDUSTRY LIFESTYLE.
Jubilant Food. is
cap)
19.47% of the entire Lifestyle Industry (by market
Contribution to Industry Size
Contribution to Industry Size

150
100 100 100 100 100

100
Jubilant Food. has been the second largest
company in the industry for the past 2 years 68.18 62.34 72.72 79.98 80.53
50
The size of the company’s contribution to
Industry’s Market Cap has decreased for the last 3 31.82 37.66 27.28 20.02 19.47
consecutive years
0
DEC-2019 DEC-2020 DEC-2021 DEC-2022 Jul-2023
Rest industry Jubilant Food.
Jubilant Food. contributes 12.56% of the

industry’s Sales and 11.79% of Profits
87.44% 88.21%
12.56% 11.79%
Jubilant Food. Rest of the Industry
Companies which form a sizable part of the industry generally enjoy a competitive edge due to the scale of their business
RESULT
ANALYSIS 
QUARTERLY VARIANCE
QUARTER RESULTS VARIANCE ANALYSIS

Mar'23 Dec'22 QoQ Mar'22 YoY Comments
Total Operating income 1,270 1,332 -4.7% 1,176 8%
Total Expenditure (Excl Depreciation) 1,021 1,045 -2.4% 886 15.2%
Operating Profit (PBDIT) excl Other Income 249 286 -13% 290 -14% Fall in previous quarter and same
quarter last year
Other Income 20 10 106.4% 13 56.3% High Growth in previous quarter
and same quarter last year
Operating Profit (PBDIT) 269 296 -9.2% 302 -11.1% Fall in previous quarter and same
quarter last year
Interest 53 52 2% 46 14.8% QoQ and YoY increase
Exceptional Items 0 0 0% 0 0%
Depreciation 132 133 -0.8% 106 24.1%
Profit Before Tax 53 111 -52.1% 134 -60.1% Fall in previous quarter and same
quarter last year
Tax 25 31 -20.1% 38 -34% Fall in previous quarter and same
quarter last year
Provisions and contingencies 0 0 0% 0 0%

Net Profit 60 81 -26% 112 -46.9% Fall in previous quarter and same
quarter last year
Share in Profit of Associates -31 -0 25% -16 90.8% High Growth in previous quarter
and same quarter last year
Minority Interest 0 0 0% -1 -100%
Other related items 0 0 0% 0 0%
Consolidated Net Profit 29 80 -64.5% 97 -70.5% Fall in previous quarter and same
quarter last year
Consolidate results triggered in Rs Cr
Margins
Mar'23 Dec'22 Sep'22 Jun'22 Mar'22 Avg. (4 Comments
Qtrs)
OPM 19.6% 21.5% 24.0% 24.2% 24.6% 23.6% Lower than average (4 Qtrs)
GPM 17.0% 18.3% 21.0% 21.4% 21.8% 20.6% Lower than average (4 Qtrs)
NPM 2.3% 6.0% 10.1% 9.0% 8.2% 8.3% Lower than average (4 Qtrs)
ANNUAL RESULT
NET SALES - YOY GROWTH IN YEAR ENDED

MAR 2023 IS 17.34% VS 32.74% IN MAR
2022
Consolidated Net Profit: YoY Growth in year ended Mar 2023 is -15.98% vs 81.46% in Mar
2022
Operating Profit (PBDIT) excl Other Income: YoY Growth in year ended Mar 2023 is 3.86%
vs 43.77% in Mar 2022
Interest: YoY Growth in year ended Mar 2023 is 14.28% vs 8.23% in Mar 2022 17.34%
Operating Profit Margin (Excl OI): YoY Growth in year ended Mar 2023 has fallen from Mar NET SALES
2022
Mar'23 Mar'22 Change(%)

Net Sales 5,158.25 4,396.12 17.34%
Key Operating Profit (PBDIT) excl Other Income 1,151.56 1,108.77 3.86%
Annual Interest 201.23 176.09 14.28%
Results Exceptional Items 0.00 -7.33 100.00%
Consolidated Net Profit 353.20 420.39 -15.98%
Operating Profit Margin (Excl OI) 22.32 25.22 -2.90%
Figures in Rs Cr | Seasonal companies are compared with the same quarter last year
Net Sales-YoY Growth in year ended Mar 2023 is 17.34% vs Consolidated Net Profit-YoY Growth in year ended Mar 2023
32.74% in Mar 2022 is -15.98% vs 81.46% in Mar 2022
10000 500
420.39
353.20
319.79
5,158.25 279.98
4,396.12 231.67
5000 3,563.14 3,927.27 250
3,311.87
0 0
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Operating Profit (PBDIT) excl Other Income-YoY Growth in Operating Profit Margin (Excl OI)-YoY Growth in year ended
year ended Mar 2023 is 3.86% vs 43.77% in Mar 2022 Mar 2023 has fallen from Mar 2022
2000 40
23.29 25.22
1,108.77 1,151.56 22.30 22.32
1000 875.59 771.19 20 16.83
599.76
0 0
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Figures in Rs Crore
BALANCESHEET AND CASHFLOW
BALANCE SHEET AND CASH FLOW

ANALYSIS
0.0% Borrowings
Mar'22
119.83
Mar'21
0.00
Change%
Increase
Other Long Term Liabilities 1,787.65 1,469.30 21.67%
Fixed Assets 1,141.65 904.04 26.28%
Investments 827.13 435.32 90.01%
in Borrowings in quarter Current Assets 922.36 838.22 10.04%
ended Mar 2022 vs in
Figures in Rs Cr
Mar 2021
Other Long Term Liabilities: YoY Growth in year ended Mar 2022 is 21.67% vs -3.67% in Mar 2021
Fixed Assets: YoY Growth in year ended Mar 2022 is 26.28% vs 0.63% in Mar 2021
Investments: YoY Growth in year ended Mar 2022 is 90.01% vs 14,50,966.67% in Mar 2021
Current Assets: YoY Growth in year ended Mar 2022 is 10.04% vs -2.43% in Mar 2021
Cash From Operation - YoY Growth in year ended Mar

23.90% 2022 is 23.90% vs 3.14% in Mar 2021
Mar'22 Mar'21 Change%
GROWTH Cash Flow from Operating Activities 930.02 750.64 23.90%
Figures in Rs Cr
1000 930.02
727.79 750.64
500 423.52
409.01
0
PEER COMPARISION
PEER COMPARISON
Jubilant Food. Page Industries Devyani Intl. PVR Inox Raymond
Size
Market Cap (Cr.) 32,949 41,435 22,674 13,452 11,447
Annual Sales (TTM) (Cr.) 5,158 4,789 2,998 3,752 8,215
Annual Net Profit (TTM) (Cr.) 353 571 276 -335 536
Growth Factors (TTM)
Net Sales Growth 1 year 17.3% 23.2% 0.4% 181.9% 33%
Operating Profit Growth 1 year -7% 9% 50% 157.9% 104.5%
Net Profit Growth 1 year -17% 6.5% 59% 31.4% 27.4%
Net Sales Growth 5 year 9.7% 13.4% 29.5% 10% 6.8%
Operating Profit Growth 5 year 10.8% 8.9% 130.3% 3.5% 30.2%
Net Profit Growth 5 year 2.5% 10.5% 56.3% -221.8% 34.8%

Capital Structure Factors
EBIT to Interest 3.3 19 2.6 0.5 3.7
Debt to EBITDA 2.2 0.5 2.4 7.7 2.1
Net Debt to Equity 1.1 0.3 1.1 1.1 0.5
Sales to Capital Employed 1.2 2.7 1.2 0.2 1.9
Management Quality Factors
ROCE (latest) 15.8% 44.3% 15.4% 2% 22.9%
ROE(latest) 17.3% 41.7% 28.4% -4.6% 18.5%
Tax Ratio 27.1% 24.7% -8.5% 61% 27.4%
Operating CF to Net Profit 218.6% 60.9% 230.9% -34.2% 150.2%
Dividend Payout Ratio 18.8% 76.9% - - 3.8%
Valuation Factors
PE Ratio 93.3 72.5 82.2 -40.1 21.4
Price to Book 16.2 30.2 23.4 1.8 3.9
PEG Ratio - 11.2 1.4 - 0.8
Dividend Yield 0.2% 0.7% - - -
EV to EBITDA 30.5 48.5 36.8 20.2 10.6
EV to Capital Employed 8.3 23.6 9.9 1.4 3
Shareholding
Promoter Holdings 41.9% 46.1% 62.8% 27.5% 49.2%
Promoter Pledged Holdings 1.7% - - 2.4% 21.9%
Total Institutional Holding 47.2% 44.3% 19.4% 61.4% 21.8%
FII Holdings 25.4% 22.4% 9.8% 31.2% 16.7%
Returns
1 Month 1.4% -3.6% 1.5% -1.9% 9.2%
3 Months 14.6% -1.7% 28.6% -9.3% 44%
YTD -2.3% -13.3% 4.1% -20% 16.9%
1 Year -8.9% -11.7% 18.1% -27.3% 99%
3 Years 43.7% 80.2% - 33.1% 536.3%
COMPANY BACKGROUND
COMPANY BACKGROUND
About the Company

Jubilant FoodWorks Limited (JFL), part of the Jubilant Bhartia Group, is India's
INDUSTRY : Lifestyle largest food service Company that operates brands like Domino's Pizza, Dunkin'
Donuts and Hong's Kitchen. It recently added Indian cuisines like biryani, kebabs,
Indian breads and more to the portfolio by launching Ekdum across three
33,434 cr (Large Cap) restaurants in Gurugram. In response to shifting consumption habits, Company
has begun offering their brandowned, ready-to-cook range, ChefBoss, comprising
sauces, gravies and pastes.
Part of NIFTY FREE
MIDCAP 100
Board of Directors
Shyam S Bhartia Chairman & Director
Hari S Bhartia Co-Chairman and Director
Mona Aggarwal Company Sec. & Compli. Officer
Aashti Bhartia Non-Exec & Non-Independent Dir
Berjis Desai Non-Exec. & Independent Dir.
6 more board of directors
Company Coordinates
Company Details: Registrat Details:

Plot No.1a, Sector - 16a Noida Uttar Pradesh : 201301 Link Intime India Pvt Ltd., Narang Tower 44, Community
Email: investor@jublfood.com Centre, Naraina Industrial Area , Phase - 1, New Delhi
Website: www.jubilantfoodworks.com / www.dominos.co.in / Email: Delhi@Intimespectrum.com
www.dunkinindia.com
MOJO PROFESSIONAL FEATURES
WITH MOJO PROFESSIONAL GET

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Stock Verdict Jubilant Food. 2023-07-05

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Stock Verdict Jubilant Food. 2023-07-05

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Report as on 5 July 2023 at 01:07 AM

Expensive CMP: 499.40

WHY IT’S A SELL? IS THIS STOCK FOR YOU?

Bollinger Band and KST

with a 8.3 Enterprise value to Capital Employed

DO YOU HAVE OTHER BETTER CHOICES?

BEFORE PROCEEDING AHEAD

This Real-Time Stock Analysis Report was

Some factors/data, as well as the buy/sell/hold call

To access the LATEST version of this report.

Jubilant Food. SELL | Report as on 5 July 2023 at 01:07 AM

POOR LONG TERM GROWTH AS NET SALES

Poor Growth in Net Sales 6000Cr

of 9.7% CAGR 5,158

9.7% Company has experienced an increase

CAGR in its Net Sales in each of the past 4

Operating Profit of 10.8% 1000Cr

after increasing for 3 consecutive 532

Company’s Operating Profit growth 290

Net Profit of 2.5% CAGR 600Cr

2.5% Net Profit has seen a high fall of -

Jubilant Food. SELL | Report as on 5 July 2023 at 01:07 AM

WITH A FALL IN NET SALES OF -4.65%, THE

Near term PBT trend is negative

Rs 33.7 cr PBT less Other Income (Rs Cr)

Near term PAT trend is very 131.53

PAT (Rs Cr) 80.38

The company's ability to manage 6.49

4.7 times 5.53

Jubilant Food. SELL | Report as on 5 July 2023 at 01:07 AM

Company's efficiency has

The company's efficiency in terms

Near term Operating Profit trend

Jubilant Food. SELL | Report as on 5 July 2023 at 01:07 AM

Increased income from non

Declining profitability; company

Short Term liquidity is

cr Cash and Cash Equivalents

Jubilant Food. SELL | Report as on 5 July 2023 at 01:07 AM

The company is borrowing more

Company's pace of settling its

times Debtors Turnover Ratio 179.54

Lowest at 179.54 times

Mar'23 Dec'22 Change%

Jubilant Food. SELL | Report as on 5 July 2023 at 01:07 AM

STOCK IS TECHNICALLY IN A MILDLY

499.40 479.06 507.91

Factors with downward momentum

Consistent Underperformance against the benchmark over the last 3 years

Stock BSE 500 Stock BSE 500 Stock BSE 500

Jubilant Food. SELL | Report as on 5 July 2023 at 01:07 AM

WITH ROCE OF 15.8, IT HAS A EXPENSIVE

Expensive Devyani Intl. Page Industries

Valuation PVR Inox

as compared to its Fundamentals Raymond

Company Valuation Price to Book PE Ratio PEG Ratio Dividend

Jubilant Food. SELL | Report as on 5 July 2023 at 01:07 AM

UNDERPERFORMED THE MARKET IN THE

last 1 year, the stock has

DOWN and has generate

Underperfomer against Large Cap companies

YTD 2022 2021

Company 1 Month 3 Month 1 Year 3 Years

Jubilant Food. SELL | Report as on 5 July 2023 at 01:07 AM