Financials Jubilant FoodWorks Limited

Equities

JUBLFOOD

INE797F01020

Restaurants & Bars

Delayed NSE India S.E. 02:35:28 2024-04-29 am EDT 5-day change 1st Jan Change
440.6 INR +0.75% Intraday chart for Jubilant FoodWorks Limited +0.55% -21.97%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 189,901 193,783 383,424 347,338 289,898 288,060 - -
Enterprise Value (EV) 1 184,958 203,391 378,718 361,768 287,916 288,213 285,234 280,936
P/E ratio 59.6 x 69.3 x 166 x 82.8 x 82.3 x 106 x 65.6 x 49.6 x
Yield 0.35% 0.41% 0.21% 0.23% 0.27% 0.31% 0.42% 0.55%
Capitalization / Revenue 5.33 x 4.93 x 11.6 x 7.9 x 5.62 x 5.32 x 4.52 x 3.92 x
EV / Revenue 5.19 x 5.18 x 11.4 x 8.23 x 5.58 x 5.33 x 4.47 x 3.82 x
EV / EBITDA 30.8 x 23.2 x 49.1 x 32.6 x 25 x 25.8 x 20.1 x 16.6 x
EV / FCF 71.5 x 45.8 x 71.2 x 67.2 x 124 x 91.1 x 43.7 x 29.6 x
FCF Yield 1.4% 2.18% 1.4% 1.49% 0.81% 1.1% 2.29% 3.37%
Price to Book 15.1 x 17.1 x 26.9 x 17.9 x 14.3 x 12.7 x 11.5 x 10.1 x
Nbr of stocks (in thousands) 657,550 658,475 658,588 658,710 658,710 658,649 - -
Reference price 2 288.8 294.3 582.2 527.3 440.1 437.4 437.4 437.4
Announcement Date 5/15/19 5/20/20 6/15/21 5/30/22 5/17/23 - - -
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 54,116 63,764 73,482
EBITDA 1 5,998 8,756 7,712 11,088 11,516 11,180 14,206 16,921
EBIT 1 4,423 5,233 3,958 7,157 6,657 5,454 7,837 9,884
Operating Margin 12.41% 13.33% 11.95% 16.28% 12.9% 10.08% 12.29% 13.45%
Earnings before Tax (EBT) 1 4,897 4,028 3,062 5,633 4,887 3,727 5,742 7,770
Net income 1 3,198 2,800 2,317 4,204 3,532 2,680 4,337 5,673
Net margin 8.97% 7.13% 7% 9.56% 6.85% 4.95% 6.8% 7.72%
EPS 2 4.846 4.244 3.510 6.370 5.350 4.117 6.670 8.818
Free Cash Flow 1 2,585 4,437 5,320 5,387 2,327 3,164 6,530 9,481
FCF margin 7.26% 11.3% 16.06% 12.26% 4.51% 5.85% 10.24% 12.9%
FCF Conversion (EBITDA) 43.11% 50.67% 68.99% 48.59% 20.21% 28.3% 45.96% 56.03%
FCF Conversion (Net income) 80.85% 158.46% 229.66% 128.15% 65.89% 118.05% 150.56% 167.14%
Dividend per Share 2 1.000 1.200 1.200 1.200 1.200 1.369 1.819 2.418
Announcement Date 5/15/19 5/20/20 6/15/21 5/30/22 5/17/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: März 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 13,258 -
EBITDA 1 - - 2,123 - 3,191 2,898 3,041 3,119 2,864 2,491 2,758 2,847 3,146 2,431 -
EBIT 1 - - 1,210 1,949 2,160 1,838 - 1,972 1,539 - 1,401 1,382 1,279 954.4 -
Operating Margin - - 13.55% 17.46% 17.84% 15.63% - 15.15% 11.55% - 10.5% 10.17% 9.07% 7.2% -
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% 2.88% -
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: März 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 9,609 - 14,431 - 153 - -
Net Cash position 1 4,943 - 4,706 - 1,982 - 2,826 7,124
Leverage (Debt/EBITDA) - 1.097 x - 1.301 x - 0.0137 x - -
Free Cash Flow 1 2,585 4,437 5,320 5,387 2,327 3,164 6,530 9,481
ROE (net income / shareholders' equity) 28.7% 23.4% 18.2% 24.9% 17.7% 13.1% 19% 22.3%
ROA (Net income/ Total Assets) 19.1% 10.7% 6.49% 9.84% 6.95% 6.4% 11.6% 14%
Assets 1 16,762 26,132 35,688 42,742 50,819 41,881 37,548 40,519
Book Value Per Share 2 19.10 17.20 21.60 29.50 30.90 34.40 38.20 43.50
Cash Flow per Share 2 3.920 11.00 11.40 14.10 15.50 12.00 16.00 20.10
Capex 1 1,671 2,841 2,186 3,913 7,934 7,283 4,964 5,471
Capex / Sales 4.69% 7.23% 6.6% 8.9% 15.38% 13.46% 7.78% 7.45%
Announcement Date 5/15/19 5/20/20 6/15/21 5/30/22 5/17/23 - - -
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
HOLD
Number of Analysts
32
Last Close Price
437.4 INR
Average target price
497.4 INR
Spread / Average Target
+13.73%
Consensus
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  4. Financials Jubilant FoodWorks Limited