Jubilant Foodworks Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 34916.37 Crore) operating in Tourism & Hospitality sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated sales of Rs 1069.28 Crore, up 30.99 % from last quarter Sales of Rs 816.33 Crore and down -.19 % from last year same quarter Sales of Rs 1071.36 Crore Company reported net profit after tax of Rs 123.92 Crore in latest quarter.
Investment Rationale
The brokerage remains positive on the Indian QSR space given the huge opportunity. JFL’s superior pricing, focus on innovation and diversification in popular cuisines keep the brokerage enthused about its long-term prospects; hence it is revising up the target to 40x June 2022 EV/EBITDA (32x earlier).
Promoter/FII Holdings
Promoters held 41.94 per cent stake in the company as of Sept 30, 2020, while FIIs held 37.86 per cent, DIIs 14.45 per cent and public and others 5.75 per cent.
