- Jubilant Food’s net income for the third quarter is 410.5 million rupees, a significant decrease of 33% compared to the previous year.
- The company’s net income fell short of analyst estimates, which were 804.6 million rupees.
- Revenue increased by 18% year-over-year to 16.1 billion rupees, surpassing the estimate of 15.85 billion rupees.
- Total costs went up by 20% year-over-year, reaching 15.4 billion rupees.
- Raw material costs saw a sharp rise of 29% year-over-year, totaling 3.92 billion rupees.
- Employee benefits expenses increased by 11% year-over-year, amounting to 2.8 billion rupees.
- The finance cost grew by 17% year-over-year to 682.1 million rupees.
- After the announcement, Jubilant Food’s share price fell by 3.6%, closing at 637.20 rupees, with 1.34 million shares traded.
- The stock currently has 13 buy ratings, 10 hold ratings, and 8 sell ratings from analysts.
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A look at Jubilant Foodworks Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Jubilant Foodworks has a mixed outlook for the long term. With a Growth score of 3 and a Momentum score of 4, the company seems to be positioned for expansion and is showing strong performance in the market. However, with Value, Dividend, and Resilience scores all at 2, there are some areas of concern when it comes to the company’s financial stability and returns to shareholders.
Jubilant Foodworks Ltd. operates fast food chains in India, offering a variety of products such as donuts, pizza, beverages, and more. Despite its mixed Smart Scores, the company’s focus on growth and momentum signals potential for future success in the competitive fast-food industry. Investors should closely monitor how Jubilant Foodworks leverages its strengths in growth and momentum to overcome challenges in areas like value and resilience.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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