Financials Jubilant FoodWorks Limited

Equities

JUBLFOOD

INE797F01020

Restaurants & Bars

Delayed NSE India S.E. 02:15:35 2024-07-11 am EDT 5-day change 1st Jan Change
575.8 INR -0.75% Intraday chart for Jubilant FoodWorks Limited +1.46% +1.83%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 189,901 193,783 383,424 347,338 289,898 382,115 - -
Enterprise Value (EV) 1 184,958 203,391 378,718 361,768 287,916 295,635 394,554 392,714
P/E ratio 59.6 x 69.3 x 166 x 82.8 x 82.3 x 74.2 x 88.3 x 62.7 x
Yield 0.35% 0.41% 0.21% 0.23% 0.27% 0.24% 0.29% 0.33%
Capitalization / Revenue 5.33 x 4.93 x 11.6 x 7.9 x 5.62 x 5.23 x 5.21 x 4.52 x
EV / Revenue 5.19 x 5.18 x 11.4 x 8.23 x 5.58 x 5.23 x 5.38 x 4.65 x
EV / EBITDA 30.8 x 23.2 x 49.1 x 32.6 x 25 x 25.9 x 25 x 20.7 x
EV / FCF 71.5 x 45.8 x 71.2 x 67.2 x 124 x 121 x 62.9 x 36.7 x
FCF Yield 1.4% 2.18% 1.4% 1.49% 0.81% 0.83% 1.59% 2.73%
Price to Book 15.1 x 17.1 x 26.9 x 17.9 x 14.3 x 16.9 x 15.3 x 12.7 x
Nbr of stocks (in thousands) 657,550 658,475 658,588 658,710 658,710 658,649 - -
Reference price 2 288.8 294.3 582.2 527.3 440.1 580.2 580.2 580.2
Announcement Date 5/15/19 5/20/20 6/15/21 5/30/22 5/17/23 5/22/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 35,631 39,273 33,119 43,961 51,582 56,541 73,370 84,456
EBITDA 1 5,998 8,756 7,712 11,088 11,516 11,435 15,785 18,986
EBIT 1 4,423 5,233 3,958 7,157 6,657 5,455 8,856 11,291
Operating Margin 12.41% 13.33% 11.95% 16.28% 12.9% 9.65% 12.07% 13.37%
Earnings before Tax (EBT) 1 4,897 4,028 3,062 5,633 4,887 4,857 5,934 8,458
Net income 1 3,198 2,800 2,317 4,204 3,532 3,993 4,358 6,154
Net margin 8.97% 7.13% 7% 9.56% 6.85% 7.06% 5.94% 7.29%
EPS 2 4.846 4.244 3.510 6.370 5.350 6.050 6.571 9.258
Free Cash Flow 1 2,585 4,437 5,320 5,387 2,327 3,164 6,277 10,713
FCF margin 7.26% 11.3% 16.06% 12.26% 4.51% 5.85% 8.56% 12.69%
FCF Conversion (EBITDA) 43.11% 50.67% 68.99% 48.59% 20.21% 28.27% 39.76% 56.43%
FCF Conversion (Net income) 80.85% 158.46% 229.66% 128.15% 65.89% 117.62% 144.05% 174.1%
Dividend per Share 2 1.000 1.200 1.200 1.200 1.200 1.369 1.660 1.895
Announcement Date 5/15/19 5/20/20 6/15/21 5/30/22 5/17/23 5/22/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 10,693 10,379 8,932 11,162 12,108 11,760 12,551 13,015 13,318 12,698 13,345 13,582 14,104 13,219 16,273
EBITDA 1 - - 2,123 - 3,191 2,898 3,041 3,119 2,864 2,491 2,758 2,847 3,146 2,280 3,286
EBIT 1 - - 1,210 1,949 2,160 1,838 - 1,972 1,539 - 1,401 1,382 1,279 954.4 1,978
Operating Margin - - 13.55% 17.46% 17.84% 15.63% - 15.15% 11.55% - 10.5% 10.17% 9.07% 7.22% 12.16%
Earnings before Tax (EBT) 1 - - 898.2 - 1,791 1,337 - 1,745 - 534 543.2 - - - -
Net income 1 1,241 1,054 695.2 1,202 1,339 967.6 - 1,315 803.6 285.4 289.2 - 1,132 381.5 -
Net margin 11.61% 10.16% 7.78% 10.77% 11.06% 8.23% - 10.11% 6.03% 2.25% 2.17% - 8.03% 2.89% -
EPS 2 1.882 1.598 1.054 1.822 2.028 1.470 - 1.990 1.220 0.4300 0.4400 1.060 1.000 0.5733 -
Dividend per Share - 1.200 - - - 1.200 - - - 1.200 - - - 1.200 -
Announcement Date 2/3/21 6/15/21 7/21/21 10/20/21 2/2/22 5/30/22 7/28/22 11/8/22 2/1/23 5/17/23 7/25/23 - - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 9,609 - 14,431 - 68.4 12,438 10,599
Net Cash position 1 4,943 - 4,706 - 1,982 - - -
Leverage (Debt/EBITDA) - 1.097 x - 1.301 x - 0.006115 x 0.788 x 0.5583 x
Free Cash Flow 1 2,585 4,437 5,320 5,387 2,327 3,164 6,277 10,713
ROE (net income / shareholders' equity) 28.7% 23.4% 18.2% 24.9% 17.7% 13.1% 18% 21.7%
ROA (Net income/ Total Assets) 19.1% 10.7% 6.49% 9.84% 6.95% 6.4% 6.3% 9.47%
Assets 1 16,762 26,132 35,688 42,742 50,819 42,032 69,167 65,003
Book Value Per Share 2 19.10 17.20 21.60 29.50 30.90 34.40 38.00 45.80
Cash Flow per Share 2 3.920 11.00 11.40 14.10 15.50 12.00 9.000 16.40
Capex 1 1,671 2,841 2,186 3,913 7,934 7,283 7,378 6,736
Capex / Sales 4.69% 7.23% 6.6% 8.9% 15.38% 13.46% 10.06% 7.98%
Announcement Date 5/15/19 5/20/20 6/15/21 5/30/22 5/17/23 5/22/24 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
28
Last Close Price
580.2 INR
Average target price
526.9 INR
Spread / Average Target
-9.19%
Consensus
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  4. Financials Jubilant FoodWorks Limited