Jubilant Foodworks Limited · NSE:JUBLFOOD
Jubilant Foodworks — H1 FY2021 Earnings Presentation
21 slides from Jubilant Foodworks's earnings presentation, Nov 13, 2020
Slide 1: Exchange Disclosure Letter: Press Release with Earnings Presentation
~ A,... ~ ~ Dom1nos • • p•1zzcr ~ l DUNICIN' ~ )DONUTS f.UBIIANT www.domlnos.co.ln o- www.dunklnlndla.com FOODWORKS www.jubilantfoodworks.com JFL/NSE-BSE/2020-21/65 November 12, 2020 BSE Ltd. National Stock Exchange of India Limited P.J. Towers, Dalal Street Exchange Plaza, Bandra Kurla Complex Mumb
Slide 2: Press Release - Financial Results for Q2 and H1 FY21
Jubilant FoodWorks Limited ~ fUBIIANT Press Release - Financial Results for Q2 and H1 FY21 FOODWORKS Noida, 12th November, 2020 – The Board of Directors of Jubilant FoodWorks Limited today approved the financial results for the quarter ended September 30, 2020. Performance Highlights • Revenue from
Slide 3: Store Matrix and Online Data
~ f.UBIIANr FOOD WORKS Commenting on the performance for Q2 and H1 FY21, Mr. Pratik Pota, CEO and Wholetime Director, Jubilant FoodWorks Limited said, “Our strong recovery continued in Q2FY21 with overall revenues recovering to 82.3% of last year, driven by Delivery and Takeaway channels growing ove
Slide 4: About Jubilant FoodWorks Ltd
~ f.UBIIANr FOOD WORKS About Jubilant FoodWorks Ltd: Jubilant FoodWorks Limited (JFL/Company) is part of Jubilant Bhartia group and is one of India’s largest food service Company, with a network of 1,264 Domino’s Pizza restaurants across 281 cities (as of September 30, 2020). The Company has the exc
Slide 5: Q2FY21 Earnings Presentation
Q2FY21 Earnings Presentation 12th November, 2020 '&lJ JUBILANT Domino's· FOODWORKS
Slide 6: Highlights Q2FY21
2 • Revenue from Operations at Rs. 8,055 mn, an increase of 111.8% sequentially > o For Domino’s, system sales recovery stood at 82.3% year-on-year o o Delivery channel registered growth of 5.8% year-on-year Takeaway channel registered growth of 49.8% year-on-year • EBITDA stood at Rs. 2,147 mn at 2
Slide 7: Launch of #DominosBackToCricket Offers Alongside IPL
3 Launch Of #DominosBackToCricket Offers Alongside IPL 2 new city added in Q1 FY19 ~ #DominosBackToCricket Commercial Link JUBILANT Domino's FoooWORKS Pizza
Slide 8: New Innovations Introduced In The Market – Pasta Pizza Party
4 New Innovations Introduced In The Market – Pasta Pizza Party 2 new city added in Q1 FY19 ~ JUBILANT Domino’s Pasta Pizza Commercial Link Domino's FoooWORKS Pizza
Slide 9: Domino's Sales Recovery Trends
5 Domino’s Sales Recovery Trends System Sales Recovery 96.2% 92.0% 85.0% 82.3% 69.8% 173.0% 164.3% 155.3% 149.8% 122.4% 116.3% 40.5% 110.7% 111.8% 105.8% 94.7% 66.7% 67.5% 71.9% 54.5% 54.3% 41.8% --- - - - - 43.1% 33.9% 16.3% 25.8% 17.5% 13.6% 11.0% 2.1% 1111 Q1FY21 July August September Q2FY21 Octo
Slide 10: Result Trends
6 Result Trends Q1 Q2 Q3 Q4 Q1 July Aug Sep Q2 Oct FY20 FY20 FY20 FY20 FY21 ‘20 ‘20 ’20 FY21 ’20 System Revenue 9.9% 12.1% 14.1% 3.8% (40.5)% (30.8)% (15.9)% (8.7)% (18.5)% (4.2)% Growth +- + +- + Domino’s LFL Gr (%) ~ (Restaurants temporarily closed due to Covid-19 5.8% 6.5% 7.2% (2.3)% (47.3)% (22
Slide 11: Domino's Pizza Network Data
7 Domino’s Pizza Network Data Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Restaurant at the beginning of the period 1,249 1,283 1,325 1,335 1,354 '&lJ ILJBII.ANT' New Restaurants 40 44 13 24 10 'FooDWORKS Closed restaurants 6 2 3 5 100 Restaurants at the end of the period 1,283 1,325 1,335 1,354 1,264 HIGHLI
Slide 12: Online Ordering (OLO)
8 Online Ordering (OLO) Period Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Average OLO contribution to delivery sales 85% 87% 89% 99% 99% 2 new city added in Q1 FY19 Mobile Ordering sales contribution to overall OLO 93% 95% 96% 98% 98% Downloads of mobile ordering App (cum.) 25.3 mn 29.4 mn 33.1 mn 37.5 mn 4
Slide 13: International Highlights
9 International Highlights Domino’s Sri Lanka Domino’s Bangladesh (22 stores) (4 stores) WlJ JUBILANT FOODWORKS INTERNATIONAL OPERATIONS • Continued uninterrupted operations during the quarter • Continued uninterrupted operations during the quarter • Overall system sales recovery in Q2: 87% • Overal
Slide 14: Dunkin' Donuts Network Data
10 Dunkin’ Donuts Network Data Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Restaurant at the beginning of the period 30 30 32 34 30 Wll JUBILANT New Restaurants 0 2 2 0 1 FOODWORKS Closed restaurants 0 0 0 4 5 HIGHLIGHTS Restaurants at the end of the period 30 32 34 30 26 DUNKIN’ DONUTS City/Town Coverage RE
Slide 15: Management Views
11 WI JUBIIANr MANAGEMENT VIEWS FOOD WORKS Commenting on the performance for Q2 and H1FY21, Mr. Shyam S. Commenting on the performance for Q2 and H1FY21, Mr. Pratik Pota, Bhartia, Chairman and Mr. Hari S. Bhartia, Co-Chairman, Jubilant CEO and Wholetime Director, Jubilant FoodWorks Limited said, Foo
Slide 16: Quarterly Standalone Financials
12 Quarterly Standalone Financials Particulars (Rs. mn) Q2FY21 Q2FY20 Growth% Revenue from operations 8,055 9,882 -18.5% Other Income1 311 172 80.7% Total Income 8,366 10,055 -16.8% Raw Material and Beverage Cost 1,709 2,444 -30.1% Gross Profit 6,346 7,439 -14.7% Margins2 78.8% 75.3% Personnel Expen
Slide 17: Quarterly Consolidated Financials
13 Quarterly Consolidated Financials Particulars (Rs. mn) Q2FY21 Q2FY20 Growth% Revenue from operations 8,163 9,981 -18.2% Other Income1 314 173 81.2% Total Income 8,477 10,154 -16.5% Raw Material and Beverage Cost 1,737 2,475 -29.8% Gross Profit 6,427 7,505 -14.4% Margins2 78.7% 75.2% Personnel Exp
Slide 18: Half Yearly Standalone Financials
14 Half Yearly Standalone Financials Particulars (Rs. mn) H1FY21 H1FY20 Growth% Revenue from operations 11,858 19,283 -38.5% Other Income1 438 325 34.8% Total Income 12,296 19,608 -37.3% Raw Material and Beverage Cost 2,544 4,751 -46.4% Gross Profit 9,314 14,532 -35.9% Margins2 78.5% 75.4% Personnel
Slide 19: Half Yearly Consolidated Financials
15 Half Yearly Consolidated Financials Particulars (Rs. mn) H1FY21 H1FY20 Growth% Revenue from operations 12,047 19,472 -38.1% Other Income1 443 327 35.5% Total Income 12,490 19,799 -36.9% Raw Material and Beverage Cost 2,592 4,815 -46.2% Gross Profit 9,455 14,657 -35.5% Margins2 78.5% 75.3% Personn
Slide 20: Key Focus Areas
16 '&lJ fUBII.ANT KEY FOCUS AREAS FOOD WORKS STRENGTHEN BUILD DIGITAL FOCUS ON GROW EXPAND CHANNEL STRENGTHS INNOVATION INTERNATIONAL NEW BRAND PLAY AND VALUE PORTFOLIO OPTIMIZE COSTS AND DRIVE EFFICIENCIES ~~ I Domino's Plzza ~=== o- 1-f.!if.-. ~ +!ONO'S 1 '.,/J;P illTCHEN \W
Slide 21: About Jubilant FoodWorks Limited
17 Jubilant FoodWorks Limited (JFL/Company) is part of Jubilant Bhartia group and is one of India’s largest food service Company, with a network of 1,264 Domino’s Pizza restaurants across 281 cities (as of September 30, 2020). The Company has the exclusive rights to develop and operate Domino’s Pizz