Jubilant FoodWorks stock reports 9 percent Q1 revenue growth

Jubilant FoodWorks stock is tied to 9.00 percent standalone revenue growth in Q1 FY27, when revenue reached INR 18.5 billion. DSIJ reported the figure in its August 13, 2026 summary of Motilal Oswal Financial Services research. The same update put EBITDA at INR 3.6 billion, up 10.00 percent year over year.

Popeyes adds a second growth engine

The operating mix is becoming more important than headline revenue alone. Popeyes delivered 97.00 percent revenue growth and 45.00 percent like-for-like growth in Q1 FY27, while Jubilant FoodWorks added 67 net stores in India to reach 2,629 locations, according to DSIJ.

That contrast gives investors two separate signals. Domino's India like-for-like sales improved to 2.50 percent from 0.20 percent in Q4 FY26, while delivery revenue increased 12.00 percent year over year.

Margin recovery faces cost pressure

Gross margin expanded 130 basis points year over year to 75.50 percent, and EBITDA margin rose 20 basis points to 19.50 percent in Q1 FY27. Adjusted PAT, however, declined 1.00 percent year over year to INR 728.0 million, showing that higher depreciation and interest costs still limited earnings conversion.

Motilal Oswal retained its Buy recommendation and INR 625.00 target on August 13, 2026, after upgrading Jubilant FoodWorks from Neutral in its QSR thematic. The broker expects medium-term like-for-like growth of 5.00 to 7.00 percent and sees scope for 200 basis points of EBITDA margin improvement, while commodity inflation and weaker like-for-like sales in Turkey and COFFY remain pressure points.

Market value sets the investor frame

Jubilant FoodWorks had a market capitalization of INR 315.9 billion on September 29, 2026. Its 52-week range was INR 408.55 to INR 635.00, placing the latest reported market value within a wide valuation backdrop for a consumer company still investing in store expansion.

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