Jubilant Foodworks Limited · NSE:JUBLFOOD
Jubilant Foodworks — Q1 FY22 Earnings Presentation
16 slides from Jubilant Foodworks's earnings presentation, Jul 21, 2021
Slide 1: Q1 FY22 Earnings Presentation
Q1 FY22 Earnings Presentation 21st July, 2021
Slide 2: Highlights Q1 FY22
2 • Revenue from Operations at Rs. 8,790 mn, higher by 131.1% • Domino’s delivered a sales growth of 131.4%: o Delivery channel grew by 123.7% • EBITDA came in at Rs. 2,115 mn; EBITDA Margin was 24.1% • PAT came in at Rs. 626 mn; PAT Margin was 7.1% • Opened 29 new stores: o 20 new stores of Domino’
Slide 3: Expansive Covid Care initiatives for our Employees and Their Dependents
3 Expansive Covid Care initiatives for our Employees and Their Dependents
Slide 4: Towards a Safer, Vaccinated Ecosystem to India
4 Towards a Safer, Vaccinated Ecosystem to India – Haath Badao India, Vaccine Lagao India #HaathBadhaoIndia #VaccineLagaoIndia Commercial Link
Slide 5: Added New Excitement to our Sides Menu
5 Added New Excitement to our Sides Menu
Slide 6: Domino's Sales Recovery Trends
6 Domino’s Sales Recovery Trends System Sales Recovery vs. FY 2019-20 114.8% 100.3% 94.0% 94.4% 99.5% 82.3% 176.9% 87.7% 164.3% 155.8% 149.8% 149.1% 153.0% 137.4% 128.7% 127.0% 118.5% 115.9% 40.5% 105.8% 97.2% 99.9% 78.0% 66.7% 64.4% 54.3% 50.9% 56.4% 43.1% 41.6% 36.6% 42.4% 26.5% 16.7% 13.6% 17.5%
Slide 7: Result Trends
7 Result Trends Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 JFL System Revenue Growth (59.5)% (18.5)% (0.2)% 14.3% 131.1% Domino’s LFL Gr (%)* (61.5)% (18.8)% (0.2)% 13.7% 120.4% Domino’s SSG (%)** (61.4)% (20.0)% (1.7)% 11.8% 114.2% RESULTS TREND EBITDA Margin (%) 6.3% 26.7% 26.4% 24.3% 24.1% STANDALON
Slide 8: Domino's Pizza Network
8 Domino’s Pizza Network Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Restaurant at the beginning of the period 1,335 1,354 1,264 1,314 1,360 New Restaurants 24 10 50 50 20 Closed restaurants 5 100 0 4 0 HIGHLIGHTS Restaurants at the end of the period 1,354 1,264 1,314 1,360 1,380 DOMINO’S PIZZA City/Tow
Slide 9: Online Ordering (OLO)
9 Online Ordering (OLO) Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Average OLO contribution to delivery sales 99.1% 98.5% 98.2% 98.2% 98.9% 2 new city added in Q1 FY19 Mobile Ordering sales contribution to overall OLO 97.9% 97.6% 97.5% 97.4% 97.7% Downloads of mobile ordering App (cum.) 37.5 mn 43.8 mn
Slide 10: International Highlights
10 International Highlights Domino’s Sri Lanka • Opened 2 new stores (28 stores) • Overall system sales growth in Q1: 55.4% o Delivery sales growth: 45.6% o Takeaway sales growth: 86.8% o Dine-in sales growth: 124.2% • Average OLO contribution to delivery sales(%): Q1 FY21 Q1 FY22 28.0% 50.6% INTERN
Slide 11: Dunkin' Donuts Network and New Brands
11 Dunkin’ Donuts Network Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Restaurant at the beginning of the period 34 30 26 27 24 New Restaurants 0 1 2 1 3 Closed restaurants 4 5 1 4 0 Restaurants at the end of the period 30 26 27 24 27 HIGHLIGHTS New Brands – Hong’s Kitchen and Ekdum! Network DUNKIN’ DONU
Slide 12: Management Views
12 MANAGEMENT VIEWS Commenting on the performance for Q1 FY22, Mr. Shyam S. Bhartia, Commenting on the performance for Q1 FY22, Mr. Pratik Pota, CEO and Chairman and Mr. Hari S. Bhartia, Co-Chairman, Jubilant Foodworks Wholetime Director, Jubilant Foodworks Limited said, Limited said, “Q1 FY22 was o
Slide 13: Quarterly Standalone Financials
13 Quarterly Standalone Financials Particulars (Rs. mn) Q1 FY22 Q1 FY21 Growth% Revenue from operations 8,790 3,803 131.1% Other Income 80 127 -36.7% Total Income 8,870 3,930 125.7% Raw Material and Beverage Cost 2,002 836 139.5% Gross Profit 6,788 2,967 128.8% Margins1 77.2% 78.0% Personnel Expense
Slide 14: Quarterly Consolidated Financials
14 Quarterly Consolidated Financials Particulars (Rs. mn) Q1 FY22 Q1 FY21 Growth% Revenue from operations 8,932 3,884 130.0% Other Income 82 129 -36.8% Total Income 9,014 4,013 124.6% Raw Material and Beverage Cost 2,043 855 138.8% Gross Profit 6,889 3,029 127.5% Margins1 77.1% 78.0% Personnel Expen
Slide 15: Key Focus Areas
15 KEY FOCUS AREAS Journey To A Food Tech Powerhouse From Recovery To Hyper-Growth Digital Innovation Digital and Dominant Grow Build New and Data Domino’s International Brand Value Focus Strengths Portfolio Process Productivity Partnerships Capability and Culture
Slide 16: About Jubilant Foodworks
16 Jubilant Foodworks Limited (JFL/Company) is part of Jubilant Bhartia group and is India’s largest foodservice Company. Its Domino’s Pizza franchise extends across a network of 1,380 restaurants in 298 cities. The Company has the exclusive rights to develop and operate Domino’s Pizza brand in Indi