The large pizza will be a higher Average Order Value (AOV) product but with low turnover.
As part of three-year plan, Jubilant Foodworks plans to build five new platforms in the upcoming year. It is targeting 3,000 stores in India by financial year 2028 and expand its presence into 700 new towns by the same timeframe. Domino’s India currently has 2,139 stores.
The company is also targeting that its revenue grows at a double-digit Compounded Annual Growth Rate (CAGR) and margins to improve by 200 basis points as well during the same timeframe. Jubilant also plans to maximise its free cash flow generation.
Apart from the new pizza offering, Jubilant Foodworks also plans on launching Korean Buns, Cheese Tarts, Wraps among other new products. These are generally higher turnover products with low Average Order Value (AOV).
The premium Coffy platform in Turkey is also on Jubilant Foodworks’ agenda. However, there was not enough clarity on the outlook or the road ahead towards Popeyes.
Out of the 31 analysts that have coverage on Jubilant Foodworks, 18 of them have a “buy” rating, eight of them say “hold”, while five of them have a “sell” rating on the stock.
Shares of Jubilant Foodworks are currently trading 1.1% higher at ₹688.5. The stock is down 13% from its recent high of ₹796.
