Jubilant Foodworks Q3 profit seen up 6% to Rs 35.6 cr: Poll

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26 Aug, 2025 12:21

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Jubilant Foodworks' profit after tax is expected to rise 6 percent year-on-year to Rs 35.6 crore, according to the average of estimates of analysts polled by CNBC-TV18.

Net sales are seen going up 20.4 percent to Rs 550 crore during October-December quarter from Rs 457 crore in the year-ago period. Operating profit may climb 7.7 percent year-on-year to Rs 72.6 crore but margin may decline 160 basis points to 13.2 percent in the quarter gone by.

Expectations

-Same store sales (SSS) growth weakness and margin declines are likely to persist-Industry is yet to witness any material improvement in the quick service restaurant (QSR) space-Sales growth may be led by new store additions in Dominos Pizza and Dunkin Donuts-SSS Growth may remain muted on a low base of last year and hover in the range of 0 percent to negative 3 percent-SSS Growth had declined by 5.3 percent Y-o-Y in Q2FY15 on a base of 6.6 percent Y-o-Y-Price hike–led revenue growth may bring some operating leverage on a Q-o-Q basis-Also food inflation has softened, which may aid gross margins-Costs related to rollout of new stores, higher rentals and high other expenses are likely to pressure EBITDA margins-Analysts see higher staff costs and rental cost increase during the quarter-Company added around 195 new stores over the last six quarters at a time when its top-10 cities still contribute to over 50 percent of new store openings in a period of weak same-store sales growth (SSG)-This may cannibalize the sales of existing stores in FY14-16

Key issues to watch out for:-Comments on demand outlook for QSR and Pizza space, as well as competition-Performance of Dunkin Donuts and margin guidanceChanges in expansion and capex strategy, if any