Fundamental Analysis of Jubilant Foodworks Ltd

About the Company - Jubilant Foodworks Ltd

Jubilant Foodworks Ltd. is a Public Limited Listed company incorporated on 16/03/1995 and has its registered office in the State of Uttar Pradesh, India. Company’s Corporate Identification Number(CIN) is L74899UP1995PLC043677 and registration number is 043677. Currently Company is involved in the business activities of Cafeterias, fast-food restaurants and other food preparation in market stalls. Company’s Total Operating Revenue is Rs. 4331.10 Cr. and Equity Capital is Rs. 131.97 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Hotels, Resorts & Restaurants	Plot No.1A, Sector-16A, Noida Uttar Pradesh 201301	investor@jublfood.com http://www.jubilantfoodworks.com

Management
Name	Position Held
Mr. Shyam S Bhartia	Chairman & Director
Mr. Hari S Bhartia	Co-Chairman & Director
Mr. Shamit Bhartia	Non Executive Director
Ms. Aashti Bhartia	Non Executive Director
Mr. Vikram Singh Mehta	Independent Director
Mr. Abhay Prabhakar Havaldar	Independent Director
Mr. Ashwani Windlass	Independent Director
Mr. Berjis Minoo Desai	Independent Director
Ms. Deepa Misra Harris	Independent Director
Mr. Sameer Khetarpal	Managing Director
Mr. Amit Jain	Independent Director

Basic Stock Data of Jubilant Foodworks Ltd

Last Updated: July 6, 2024, 11:57 am

Market Cap	37,647 Cr.
Current Price	571
High / Low	587/421
Stock P/E	144
Book Value	32.9
Dividend Yield	0.21 %
ROCE	10.9 %
ROE	12.4 %
Face Value	2.00
PEG Ratio	-30.90

Jubilant Foodworks Ltd Quarterly Results

Month	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023
Sales	816	1,069	1,038	893	1,116	1,211	1,176	1,255	1,301	1,332	1,270	1,335	1,369
Expenses	600	789	787	681	829	894	902	962	990	1,045	1,052	1,100	1,091
Operating Profit	216	280	251	212	287	317	274	293	312	286	218	235	277
OPM %	26%	26%	24%	24%	26%	26%	23%	23%	24%	22%	17%	18%	20%
Other Income	31	16	13	11	8	11	12	11	27	10	20	9	42
Interest	42	41	38	42	42	45	46	47	50	52	53	54	57
Depreciation	105	90	88	91	93	103	106	107	115	133	132	136	142
Profit before tax	101	165	138	90	161	179	134	149	174	111	53	54	121
Tax %	25%	25%	24%	23%	25%	26%	28%	25%	25%	28%	47%	47%	19%
Net Profit	76	124	105	69	120	133	96	113	132	80	29	29	97
EPS in Rs	1.15	1.88	1.60	1.05	1.82	2.03	1.47	1.71	1.99	1.22	0.43	0.44	1.47

Jubilant Foodworks Ltd Quarterly Chart

Jubilant Foodworks Ltd Profit & Loss

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	1,019	1,414	1,736	2,093	2,438	2,583	3,018	3,563	3,927	3,312	4,396	5,158	5,351
Expenses	828	1,171	1,486	1,836	2,173	2,339	2,576	2,961	3,045	2,532	3,290	4,022	4,341
Operating Profit	191	243	250	256	265	245	442	603	883	780	1,106	1,136	1,010
OPM %	19%	17%	14%	12%	11%	9%	15%	17%	22%	24%	25%	22%	19%
Other Income	-1	6	9	6	10	-1	21	44	38	64	26	40	91
Interest	0	0	0	0	0	0	0	0	165	163	176	201	226
Depreciation	38	56	79	101	128	155	160	157	352	375	393	486	561
Profit before tax	152	194	180	161	147	88	303	490	403	306	563	489	314
Tax %	32%	32%	34%	31%	34%	35%	35%	35%	31%	25%	26%	28%
Net Profit	103	131	118	111	97	58	196	318	279	231	418	353	220
EPS in Rs	1.59	2.01	1.81	1.69	1.47	0.88	2.97	4.85	4.24	3.51	6.37	5.35	3.34
Dividend Payout %	0%	0%	0%	15%	17%	29%	17%	21%	28%	34%	19%	22%

Jubilant Foodworks Ltd Profit & Loss Yearly Chart

Jubilant Foodworks Ltd Growth

Compounded Sales Growth
10 Years:	13%
5 Years:	10%
3 Years:	20%
TTM:	10%

Compounded Profit Growth
10 Years:	8%
5 Years:	-4%
3 Years:	3%
TTM:	-27%

Stock Price CAGR
10 Years:	16%
5 Years:	18%
3 Years:	-3%
1 Year:	16%

Return on Equity
10 Years:	19%
5 Years:	19%
3 Years:	18%
Last Year:	12%

Last Updated: July 6, 2024, 6:27 am

Jubilant Foodworks Ltd Balance Sheet

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Sep 2023
Equity Capital	65	65	65	66	66	66	66	132	132	132	132	132	132
Reserves	231	364	485	581	696	739	902	1,128	990	1,295	1,813	1,906	1,955
Borrowings	0	0	0	0	0	0	0	0	1,670	1,620	2,106	2,554	2,608
Other Liabilities	171	222	312	429	460	485	529	596	578	720	731	791	839
Total Liabilities	467	652	862	1,075	1,222	1,291	1,497	1,856	3,370	3,767	4,782	5,382	5,535
Fixed Assets	254	395	546	737	828	800	789	809	2,189	2,146	2,737	3,488	3,653
CWIP	14	10	20	20	26	61	14	16	41	29	47	184	290
Investments	92	94	94	75	91	94	263	181	51	517	927	822	731
Other Assets	107	153	202	243	277	336	430	850	1,089	1,076	1,072	888	861
Total Assets	467	652	862	1,075	1,222	1,291	1,497	1,856	3,370	3,767	4,782	5,382	5,535

Jubilant Foodworks Ltd Reserves and Borrowings Chart

Jubilant Foodworks Ltd Cash Flow

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Cash from Operating Activity	167	209	225	276	212	204	409	424	728	751	930	1,026
Cash from Investing Activity	-167	-191	-233	-262	-200	-188	-332	-457	-99	-602	-654	-595
Cash from Financing Activity	2	1	1	1	-18	-15	-35	-17	-461	-289	-307	-426
Net Cash Flow	2	20	-6	15	-6	0	42	-51	168	-140	-31	5

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	2	2	2	2	2	2	3	2	2	2	2	17
Inventory Days	24	27	30	35	35	31	32	35	67	59	52	112
Days Payable	131	140	168	186	182	185	173	166	268	198	164	255
Cash Conversion Cycle	-105	-111	-136	-150	-144	-153	-139	-129	-199	-137	-110	-126
Working Capital Days	-40	-41	-49	-43	-43	-44	-42	-39	-54	-38	-34	-21
ROCE %	54%	37%	27%	21%	13%	34%	44%	30%	16%	21%	16%

Jubilant Foodworks Ltd Financial Efficiency Indicators Chart

Jubilant Foodworks Ltd Share Holding Pattern

Month	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoters	41.94%	41.94%	41.94%	41.94%	41.94%	41.94%	41.94%	41.94%	41.94%	41.94%	41.94%	41.94%
FIIs	41.72%	41.41%	39.77%	31.87%	29.80%	28.66%	26.77%	25.38%	25.22%	26.14%	27.75%	23.24%
DIIs	10.63%	10.86%	11.37%	15.59%	17.20%	19.74%	20.70%	21.66%	22.33%	22.16%	21.94%	25.86%
Government	0.14%	0.13%	0.13%	0.13%	0.14%	0.20%	0.20%	0.20%	0.20%	0.20%	0.20%	0.20%
Public	5.37%	5.45%	6.60%	10.22%	10.71%	9.28%	10.23%	10.63%	10.14%	9.36%	7.97%	8.42%
Others	0.21%	0.21%	0.19%	0.25%	0.21%	0.18%	0.18%	0.18%	0.18%	0.21%	0.21%	0.36%
No. of Shareholders	1,09,594	1,32,858	2,11,696	3,77,038	4,73,927	4,77,162	5,35,978	5,70,253	5,60,718	5,38,502	4,78,915	4,78,589

Jubilant Foodworks Ltd Shareholding Pattern Chart

No. of Jubilant Foodworks Ltd Shareholders

Jubilant Foodworks Ltd Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
UTI Flexi Cap Fund	6,625,540	1.36	331.91	3,245,270	2024-07-05	104.16%
Mirae Asset Large Cap Fund	5,047,819	0.74	252.87	3,245,270	2024-07-05	55.54%
SBI Multicap Fund	4,998,650	1.93	250.41	3,245,270	2024-07-05	54.03%
DSP Mid Cap Fund	4,939,130	1.71	247.43	3,245,270	2024-07-05	52.19%
Franklin India Focused Equity Fund	3,608,254	1.96	180.76	3,245,270	2024-07-05	11.19%
Kotak Flexicap Fund - Regular Plan	3,515,000	0.45	176.08	3,245,270	2024-07-05	8.31%
ICICI Prudential Balanced Advantage Fund	3,359,459	0.34	168.29	3,245,270	2024-07-05	3.52%
UTI Mid Cap Fund	3,245,270	1.86	162.57	3,245,270	2024-07-05	0%
Franklin India Flexi Cap Fund	3,000,000	1.26	150.29	3,245,270	2024-07-05	-7.56%
SBI Long Term Equity Fund	3,000,000	0.95	150.29	3,245,270	2024-07-05	-7.56%

Jubilant Foodworks Ltd ROCE Trend

Jubilant Foodworks Ltd EPS Trend

Jubilant Foodworks Ltd Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	2.00	2.00	10.00	10.00	10.00
Basic EPS (Rs.)	5.82	5.35	31.68	17.55	21.22
Diluted EPS (Rs.)	6.05	5.35	31.68	17.55	21.22
Cash EPS (Rs.)	14.88	13.11	62.25	45.91	47.82
Book Value[Excl.RevalReserv]/Share (Rs.)	34.00	30.88	148.15	108.83	85.83
Book Value[Incl.RevalReserv]/Share (Rs.)	34.00	30.88	148.15	108.83	85.83
Revenue From Operations / Share (Rs.)	85.69	78.17	333.12	250.96	297.59
PBDIT / Share (Rs.)	17.96	18.22	87.15	63.97	71.62
PBIT / Share (Rs.)	8.90	10.85	57.37	35.53	44.93
PBT / Share (Rs.)	7.12	7.80	43.47	23.20	30.52
Net Profit / Share (Rs.)	5.82	5.75	32.47	17.47	21.13
NP After MI And SOA / Share (Rs.)	6.05	5.35	31.86	17.55	21.22
PBDIT Margin (%)	20.96	23.30	26.16	25.49	24.06
PBIT Margin (%)	10.38	13.88	17.22	14.15	15.09
PBT Margin (%)	8.30	9.98	13.04	9.24	10.25
Net Profit Margin (%)	6.79	7.35	9.74	6.96	7.09
NP After MI And SOA Margin (%)	7.06	6.84	9.56	6.99	7.12
Return on Networth / Equity (%)	18.39	17.33	21.61	16.23	24.95
Return on Capital Employeed (%)	9.46	16.44	19.60	16.13	22.30
Return On Assets (%)	4.91	6.56	8.79	6.15	8.30
Long Term Debt / Equity (X)	0.55	0.08	0.06	0.00	0.00
Total Debt / Equity (X)	0.68	0.08	0.06	0.00	0.00
Asset Turnover Ratio (%)	0.83	1.01	1.01	0.91	1.48
Current Ratio (X)	0.60	0.66	1.00	0.97	1.21
Quick Ratio (X)	0.38	0.49	0.82	0.81	1.07
Inventory Turnover Ratio (X)	4.33	6.93	6.34	5.95	10.66
Dividend Payout Ratio (NP) (%)	0.00	22.41	18.83	0.00	51.84
Dividend Payout Ratio (CP) (%)	0.00	9.43	9.73	0.00	22.95
Earning Retention Ratio (%)	0.00	77.59	81.17	0.00	48.16
Cash Earning Retention Ratio (%)	0.00	90.57	90.27	0.00	77.05
Interest Coverage Ratio (X)	4.12	5.97	6.53	5.19	5.72
Interest Coverage Ratio (Post Tax) (X)	1.75	2.88	3.47	2.42	2.84
Enterprise Value (Cr.)	30997.10	28978.78	34346.35	37913.44	18757.55
EV / Net Operating Revenue (X)	5.48	5.62	7.81	11.45	4.78
EV / EBITDA (X)	26.15	24.11	29.86	44.91	19.84
MarketCap / Net Operating Revenue (X)	5.23	5.63	7.91	11.61	4.94
Retention Ratios (%)	0.00	77.58	81.16	0.00	48.15
Price / BV (X)	13.63	14.26	17.88	26.94	17.29
Price / Net Operating Revenue (X)	5.23	5.63	7.91	11.61	4.94
EarningsYield	0.01	0.01	0.01	0.01	0.01

Jubilant Foodworks Ltd Profitability Ratios (%)

Jubilant Foodworks Ltd Liquidity Ratios

Jubilant Foodworks Ltd Liquidity Ratios (%)

Jubilant Foodworks Ltd Interest Coverage Ratios (%)

Jubilant Foodworks Ltd Valuation Ratios

Fair Value

Fair Value: 588.70

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 3.10% compared to the current price 571

Intrinsic Value: 561.26

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Overvalued: 1.71% compared to the current price ₹571

Last 5 Year EPS CAGR: -4.66%

*Investments are subject to market risks

Strength and Weakness of Jubilant Foodworks Ltd Stock

Strength	Weakness
The stock has a high average ROCE of 26.08%, which is a positive sign. The stock has a low average Working Capital Days of -40.67, which is a positive sign. The stock has a low average Cash Conversion Cycle of -136.58, which is a positive sign. The company has higher reserves (1,006.54 cr) compared to borrowings (812.15 cr), indicating strong financial stability. The company has shown consistent growth in sales (2.69 cr) and profit (291.54 cr) over the years.

Strength

Weakness

The stock has a high average ROCE of 26.08%, which is a positive sign.
The stock has a low average Working Capital Days of -40.67, which is a positive sign.
The stock has a low average Cash Conversion Cycle of -136.58, which is a positive sign.
The company has higher reserves (1,006.54 cr) compared to borrowings (812.15 cr), indicating strong financial stability.
The company has shown consistent growth in sales (2.69 cr) and profit (291.54 cr) over the years.

FAQ

What is the latest fair value of Jubilant Foodworks Ltd?

The latest fair value of Jubilant Foodworks Ltd is ₹588.70.

What is the Market Cap of Jubilant Foodworks Ltd?

The Market Cap of Jubilant Foodworks Ltd is 37,647 Cr..

What is the current Stock Price of Jubilant Foodworks Ltd as on 06 July 2024?

The current stock price of Jubilant Foodworks Ltd as on 06 July 2024 is 571.

What is the High / Low of Jubilant Foodworks Ltd stocks in FY 2024?

In FY 2024, the High / Low of Jubilant Foodworks Ltd stocks is 587/421.

What is the Stock P/E of Jubilant Foodworks Ltd?

The Stock P/E of Jubilant Foodworks Ltd is 144.

What is the Book Value of Jubilant Foodworks Ltd?

The Book Value of Jubilant Foodworks Ltd is 32.9.

What is the Dividend Yield of Jubilant Foodworks Ltd?

The Dividend Yield of Jubilant Foodworks Ltd is 0.21 %.

What is the ROCE of Jubilant Foodworks Ltd?

The ROCE of Jubilant Foodworks Ltd is 10.9 %.

What is the ROE of Jubilant Foodworks Ltd?

The ROE of Jubilant Foodworks Ltd is 12.4 %.

What is the Face Value of Jubilant Foodworks Ltd?

The Face Value of Jubilant Foodworks Ltd is 2.00.