India's Jubilant Foodworks slumps on "big miss" in Q4

Domino's Pizza

07/04/2026 04:51

** Shares of Domino's India operator Jubilant Foodworks JUBI.NS fall 6% to 431 rupees, snapping three day winning run

** 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

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

** YTD, JUBI down 17.5%

 (Reporting by Komal Salecha in Bengaluru)

 ((Komal@thomsonreuters.com))