Jubilant Foodworks Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 43119.56 Crore) operating in Tourism & Hospitality sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 1050.78 Crore, down -3.17 % from last quarter Total Income of Rs 1085.15 Crore and up 13.05 % from last year same quarter Total Income of Rs 929.51 Crore. Company reported net profit after tax of Rs 105.30 Crore in latest quarter.
Investment Rationale
The brokerage increases FY23 earnings estimates by 5%, modelling revenue / EBITDA / PAT CAGR of 28 / 38 / 74 (%) over FY21-23E. It maintains ADD with DCF-based revised target price of Rs3,500 (Rs3,300 earlier). Key downside risk is raw material costs turning inflationary.
Promoter/FII Holdings
Promoters held 41.9 per cent stake in the company as of March 31, 2021, while FIIs held 41.4 per cent, DIIs 10.8 per cent and public and others 5.9 per cent.
(Disclaimer: Views and recommendations given in this section are the analysts’ own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.
