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JUBLFOOD - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.3

Last Updated Time : 25 May 26, 01:36 am

Fundamental Rating: 3.3

Stock Code JUBLFOOD Market Cap 28,753 Cr. Current Price 436 ₹ High / Low 720 ₹
Stock P/E 106 Book Value 36.4 ₹ Dividend Yield 0.27 % ROCE 11.8 %
ROE 11.6 % Face Value 2.00 ₹ DMA 50 471 ₹ DMA 200 537 ₹
Chg in FII Hold -1.30 % Chg in DII Hold 1.59 % PAT Qtr 53.8 Cr. PAT Prev Qtr 67.1 Cr.
RSI 39.7 MACD -5.11 Volume 64,81,487 Avg Vol 1Wk 68,49,783
Low price 409 ₹ High price 720 ₹ PEG Ratio -8.82 Debt to equity 1.38
52w Index 8.67 % Qtr Profit Var -2.79 % EPS 3.44 ₹ Industry PE 69.1

📊 Core Financials: Jubilant FoodWorks (JUBLFOOD) shows weak-to-moderate fundamentals. ROCE at 11.8% and ROE at 11.6% reflect average capital efficiency. Debt-to-equity ratio of 1.38 indicates high leverage. Quarterly PAT of ₹53.8 Cr. declined from ₹67.1 Cr., showing earnings pressure. EPS of ₹3.44 is very low relative to price levels, limiting profitability strength.

💰 Valuation Indicators: Current P/E of 106 is far above the industry average of 69.1, suggesting significant overvaluation. P/B ratio of ~12.0 (436/36.4) reflects premium pricing. PEG ratio of -8.82 indicates negative growth prospects. Dividend yield of 0.27% provides negligible income return. Intrinsic value appears much lower than current price, requiring caution.

🏢 Business Model & Competitive Advantage: Jubilant FoodWorks operates Domino’s Pizza and other QSR brands in India. Its competitive advantage lies in brand recognition, scale, and distribution network. However, profitability remains inconsistent, and high debt combined with stretched valuations limit financial flexibility.

📈 Entry Zone: RSI at 39.7 suggests oversold conditions, while MACD negative indicates weakness. Current price of ₹436 is below DMA levels (50 DMA: ₹471, 200 DMA: ₹537). Entry between ₹410–₹430 may be favorable for long-term investors with high risk tolerance.

Long-Term Holding Guidance: Jubilant FoodWorks benefits from strong brand presence and QSR demand but faces challenges from expensive valuations, high debt, and weak earnings. Suitable only for aggressive investors willing to accumulate cautiously near support levels.


Positive

  • 🌟 Strong brand presence through Domino’s Pizza
  • 🌟 Increase in DII holding (+1.59%)
  • 🌟 RSI at 39.7 indicates oversold conditions

Limitation

  • ⚠️ Very high P/E (106) compared to industry average (69.1)
  • ⚠️ PEG ratio of -8.82 indicates negative growth prospects
  • ⚠️ High debt-to-equity ratio (1.38)
  • ⚠️ EPS of ₹3.44 is weak
  • ⚠️ Dividend yield of 0.27% is negligible

Company Negative News

  • 📉 Decline in quarterly profits (₹67.1 Cr. → ₹53.8 Cr.)
  • 📉 Reduction in FII holding (-1.30%)

Company Positive News

  • 📈 Increase in DII holding (+1.59%)
  • 📈 Oversold RSI suggests potential rebound

Industry

  • 🌐 Quick Service Restaurant (QSR) industry driven by urban demand and convenience
  • 🌐 Industry P/E at 69.1 reflects high valuations
  • 🌐 Competition from peers like McDonald’s India, Burger King, and Pizza Hut

Conclusion

✅ Jubilant FoodWorks shows weak fundamentals with high debt and expensive valuations but benefits from strong brand presence. Entry between ₹410–₹430 is suitable only for aggressive investors. Long-term holding requires caution, as profitability remains weak and valuations are stretched compared to peers.

Would you like me to also compare Jubilant FoodWorks with peers like Burger King India, McDonald’s India, or Pizza Hut India to highlight sector positioning?

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