Jubilant Foodworks will be in focus ahead of its quarterly results later today and the street is expecting the FMCG company to report a near 29 percent rise in net profit.
- Net profit is likely to grow by about 28.5 percent, the number to be watched out for is Rs 85 crore.
- The key number to watch out for Jubilant Foodworks is the same-store-sales-growth (SSSG) number. The street is working with a number of 12-13 percent. So put that with about 1-2 percent price realisation growth, the total revenue growth that the street is working with is 14 percent. The number that you should be watching out for is Rs 905-906 crore on the topline.
- The company has been incurring some cost cutting measures and they are shutting non-profitable Dunkin Donuts store as well, so the EBITDA is likely to grow higher by about 16.5 percent with a margin expansion of around 30-40 basis points (bps), 17.5 percent is what the street is working with.