Jubilant Foodworks’ Q1 LFL growth to surpass Q4 FY26 growth, confident to maintain 5-7% growth

Jubilant FoodWorks closed FY26 on a firm note, with Domino’s India delivering a full-year like-for-like growth of 6.5% — squarely within the company’s medium-term guidance range of 5-7%. The Q4 LFL came in at a softer 0.2%, though order volumes held up with 10.4% growth year-on-year. Importantly, management has indicated that Q1FY27 LFL growth is likely to be higher than Q4FY26, with delivery order volumes remaining strong in the first six weeks and early signs of stabilisation in blended bill values.

Consolidated revenue for FY26 rose 17.4% to ₹95,125 mn, while EBITDA grew 19.1% to ₹18,878 mn with margins expanding 29 bps to 19.8%. PAT from continued operations rose 63.8% to ₹4,113 mn, with margins improving 123 bps to 4.3%.

On a standalone basis, Q4 revenue grew 6.4% to ₹16,797 mn. Gross margins expanded 98 bps to 75.5%, driven by a higher share of margin-accretive SKUs and reduced wastage. EBITDA margin came in at 20.5%, up 94 bps year-on-year, though adjusted EBITDA margin dipped slightly by 10 bps due to higher wage and energy costs.

Domino’s added 59 stores in Q4, taking its India total to 2,455 stores across 521 cities. Delivery channel revenue grew 10.3%, with delivery accounting for 76.1% of the sales mix. Popeyes continued its strong momentum with 28% same-store sales growth for FY26, expanding into Pune and reaching 78 outlets.

Internationally, Turkey delivered Q4 revenue growth of 59.2% with PAT margins at 7.5%. Sri Lanka and Bangladesh posted LFL growth of 52.2% and 12.9% respectively, with both markets turning EBITDA positive in FY26.

For FY27, management enters the year with stated confidence, keeping store addition guidance at ~300 per year for India. The new Mumbai commissary is now operational, designed to support 4,000+ stores. The company’s AI-driven delivery tool drove over 1 million incremental orders during the year, and own-app monthly active users reached 17.1 mn, up 25% year-on-year.

The confidence in sustaining 5-7% medium-term LFL, management noted, is anchored in 500+ city presence, 17 mn+ MAUs, menu innovation, extended operating hours, and an integrated supply chain — with focus on pricing discipline, dine-in, and takeaway execution through the year ahead.

Jubilant FoodWorks operates 3,636 stores across India, Turkey, Bangladesh, Sri Lanka, Azerbaijan and Georgia.