Jubilant FoodWorks (JUBLFOOD) Q4 24/25 earnings summary

Executive summary

• FY2025 saw consolidated revenue reach INR 81,417.26 million, up 44% year-over-year, with system sales nearing $1.1 billion and the network expanding to 3,316 stores, including the acquisition of BP Eurasia.

• Domino's India posted strong revenue and order growth, with delivery channel revenue up 27.1% year-over-year in Q4FY'25 and 238 new stores added.

• Net profit for FY25 was INR 2,171.22 million, down from INR 4,000.73 million in FY24, impacted by higher expenses and one-time impairment charges.

• Strategic focus included menu innovation, technology adoption (Android-based POS), and disciplined expansion, with a shift to store and tech-led CAPEX.

• Board recommended a dividend of INR 1.2 per equity share for FY25.

Financial highlights

• Q4FY'25 consolidated revenue was INR 21,031.83 million, up from INR 15,737.95 million in Q4 FY24; full-year consolidated EBITDA reached Rs 15,722 million, margin at 19.3%.

• Domino's India EBITDA (pre-Ind-AS-116) for FY'25 was Rs 8,566 million, margin 14.5%; consolidated EBITDA margin was 12.7%.

• Net cash generated from operating activities in FY25 was INR 16,680.03 million, up from INR 10,096.41 million in FY24.

• PAT before exceptional items for FY'25 was Rs 2,330 million, margin at 2.9%.

• Sri Lanka posted record revenue of Rs 81 crore, up 45.6%.

Outlook and guidance

• Plans to open 280 Domino's stores (250 in India, 30 in Turkey), 50 coffee cafes, and 30 Popeyes stores in the coming year.

• Focus on value innovation, technology, operational productivity, and margin improvement of at least 200 basis points over three years.

• Future CAPEX to be primarily store and technology-led as business exits high commissary CAPEX cycle.

• Assets and liabilities of the Russian subsidiary classified as held for sale post FY25.