India's Jubilant Foodworks set for worst day in over four years on "big miss" in Q4

Domino's Pizza

07/04/2026 10:07

Updates

** Shares of Domino's India operator Jubilant Foodworks JUBI.NS falls nearly 11% to 411 rupees, its lowest in about five years

** Stock set for worst day since March 14, 2022

** Co's Q4 consol rev from ops rises 19.1% yoy; Domino's India Q4 like-for-like (LFL) growth at 0.2%

** Brokerage Morgan Stanley ("overweight", PT at 693 rupees)calls it a "big miss"

** Brokerage Goldman Sachs ("neutral" cuts PT to 480 rupees from 510 rupees earlier) says large miss on LFL growth, to result in weak margins

** Brokerage Macquarie ("underperform", PT at 460 rupees)says co posted weaker than expected LFL growth for Domino's India

** Expects Indian margin to come under pressure- Macquarie

** Stock sees busiest session in about a year; More than 21.4 million shares change hand by 2.31 pm IST vs 30-day avg of 2.3 million shares;

** JUBI rated "buy" on avg by 29 analysts covering it; median PT at 660 rupees- data compiled by LSEG

** YTD, JUBI down 26%

 (Reporting by Komal Salecha in Bengaluru)

 ((Komal@thomsonreuters.com))