Jubilant Foodworks: Strong cost control & aggressive store additions makes the stock a hot pick, says Bonanza
Updated: 12 Oct 2022, 09:23 AM IST
TL;DR.JBL is the largest food service brand in the QSR industry, with the benefit of being the first mover. The company leads far ahead of its competitors in terms of the number of stores (1,625 in Q1 FY23). The company reported a 63.01% increase in its consolidated net profit.
The company makes a mark in its international markets in Sri Lanka with the highest ever system sales growth of 80.9% as on FY22, which increased to 83% in Q1 FY23 despite inflationary and political headwinds.