Jubilant FoodWorks - Moving From Strength To Strength: ICICI Securities

"BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .ICICI Securities Report.Jubilant FoodWorks Ltd.’s change in stance from delighting customers by offering 20 minutes delivery silently (versus promised delivery time of 30 minutes) to now advertising through banners on Domino’s app (highlighting 20-min delivery USP) is an incremental positive. This (more than 30% improvement in convenience) along with simplicity of the loyalty programme (free regular size pizza after every sixth order with minimal conditions) shall help Jubilant FoodWorks re-ignite consumer demand for its franchise and hence, gain meaningful delivery market share from competition. As per our channel check, Jubilant FoodWorks enjoys structural strength which enables the company to provide fastest-delivery with lowest-cost compared to food aggregators. Also, Jubilant FoodWorks has outperformed the top three global markets of Domino’s in execution (on delivery time). Interestingly, we observe that in the U.S., Domino’s has gained market share despite doubling of competition in pizza-delivery over the last decade (we expect similar market share gains for the company in India driven by superior execution)..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner."

Jubilant FoodWorks - Moving From Strength To Strength: ICICI Securities

The company enjoys structural strength which enables it to provide fastest-delivery with lowest-cost compared to food aggregators.

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Jubilant FoodWorks - Moving From Strength To Strength: ICICI Securities

The company enjoys structural strength which enables it to provide fastest-delivery with lowest-cost compared to food aggregators.

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