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Jubilant Foodworks Q3 results today: Company likely to add 20-23 stores of Domino's this quarter
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Jubilant Foodworks Q3 results today: Company likely to add 20-23 stores of Domino's this quarter
Jan 30, 2019 1:22 AM

Jubilant Foodworks will be in focus ahead of its quarterly results later today and the street is expecting the FMCG company to report a near 29 percent rise in net profit.

Net profit is likely to grow by about 28.5 percent, the number to be watched out for is Rs 85 crore.

The key number to watch out for Jubilant Foodworks is the same-store-sales-growth (SSSG) number. The street is working with a number of 12-13 percent. So put that with about 1-2 percent price realisation growth, the total revenue growth that the street is working with is 14 percent. The number that you should be watching out for is Rs 905-906 crore on the topline.

The company has been incurring some cost cutting measures and they are shutting non-profitable Dunkin Donuts store as well, so the EBITDA is likely to grow higher by about 16.5 percent with a margin expansion of around 30-40 basis points (bps), 17.5 percent is what the street is working with.

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