Jubilant Foodworks - Growth Prospects Attractive, Moats Widening: Motilal Oswal

Jubilant Foodworks - Growth Prospects Attractive, Moats Widening: Motilal Oswal

Domino's Pizza's store outlet, operated by Jubilant Foodworks Ltd. (Photo: Vijay Sartape/ Source BQ Prime)  

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Motilal Oswal Report

In this report, we present the key takeaways from Jubilant FoodWorks Ltd.’s FY22 Annual Report. The company continues to build extensively on its three key moats of delivery expertise, supply chain efficiency and technological superiority.

The emphasis on its ‘ for money’ proposition was also highlighted with the company choosing not to hike the price of its ‘Every Day Value’ offering even as it took price increases on other parts of the portfolio. 

Management also indicated a good initial response to Popeyes with medium- term targets of 250-300 stores. We had highlighted in a detailed note earlier this month about:

  1. how Popeyes has fared globally,

  2. what Jubilant FoodWorks brings to the table and

  3. why do we believe it is the most scalable among Jubilant FoodWorksBI’s non-Domino’s businesses.

Quick-service restaurants are our preferred picks to play the discretionary consumption growth story.

Click on the attachment to read the full report:

Motilal Oswal Jubilant FoodWorks Company Update.pdf
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