Jubilant Food Share Price: Jubilant Food shares down 0.82% as Nifty gains

NEW DELHI: Shares of Jubilant Foodworks Ltd. traded 0.82 per cent down in Friday’s trade at 11:44AM (IST). Around 2,715 shares changed hands on the counter.

The counter opened at Rs 2855.0 and touched an intraday high and low of Rs 2855.0 and Rs 2797.85, respectively, in the session so far. Shares of the company of Jubilant Foodworks Ltd. quoted a 52-week high of Rs 3215.0 and a 52-week low of Rs 1486.8.

As per BSE, the total market cap of the Jubilant Foodworks Ltd. stood at Rs 37021.27 crore at the time of writing this report.

Key Financials

The company reported consolidated net sales of Rs 1085.15 crore for the quarter ended 31-Dec-2020, up 28.01 per cent from previous quarter’s Rs 847.68 crore and up 0.22 per cent from the year-ago quarter’s Rs 1087.53 crore.

The net profit for latest quarter stood at Rs 124.13 crore, up 21.95 per cent from the same quarter a year ago.

Shareholding pattern

As of 31-Mar-2021, domestic institutional investors held 8.81 per cent stake in the company, while foreign institutional investors held 40.87 per cent and the promoters 41.94 per cent.

Valuation ratio

According to BSE data, the stock traded at a price-to-earnings multiple of 232.29 and a price-to-book ratio of 17.29. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

Jubilant Foodworks Ltd. belongs to the Restaurant & QSR industry.

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