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Jubilant Foodworks Shares Price: UBS flags caution after stock run-up; check price targetsAnalysts who have coverage on Jubilant FoodWorks project nearly 3% upside on the stock. Out of the 33 analysts who have coverage on the stock, 18 of them have a 'Buy' rating, eight say 'Hold', while seven others have a 'Sell' recommendation.By Meghna Sen   May 15, 2025, 8:31:09 AM IST (Published)3 Min ReadShares of Jubilant FoodWorks, the operator of Domino's Pizza outlets in India, will be in focus on Thursday (May 15) following the company's strong March quarter results, which were in line with expectations.

Jubilant FoodWorks' consolidated revenue grew 33.9% to ₹2,107 crore, while standalone revenue rose 19% to ₹1,587 crore. Profit stood at ₹49.4 crore as against our poll of ₹32 crore. EBITDA stood at ₹305.5 crore, compared to CNBC-TV18 poll of ₹277 crore, while margins expanded to 19.3%, above the estimated 17.5%.

Analysts who have coverage on Jubilant FoodWorks project nearly 3% upside on the stock. Out of the 33 analysts who have coverage on the stock, 18 of them have a 'Buy' rating, eight say 'Hold', while seven others have a 'Sell' recommendation.

Jefferies has the highest price target on Jubilant FoodWorks at ₹1,000, while Ambit Capital has the lowest target for the stock on the Street at ₹516.

Global brokerage firm UBS has a 'Sell' rating on Jubilant FoodWorks, with a price target of ₹600.

The brokerage said Q4 was strong, with revenue (as already guided) and margins broadly in line with expectations.

EBITDA margin declined by 126 basis points year-on-year to 18.5%, mainly due to a 30% rise in staff costs and a 22% increase in other expenses.

Adjusted profit rose 29% YoY, while reported profit fell 76% YoY.

UBS mentioned that the recent stock run-up, despite a broader down-cycle, presents an opportunity for profit booking.

CLSA has an 'Underperform' rating on Jubilant FoodWorks, with a price target of ₹519.

The brokerage said in its note that Jubilant's Q4 standalone sales grew 19.2% year-on-year, in line with estimates. Gross margin contracted by 209 basis points YoY, also in line with expectations.

Sales per store rose 8.3% YoY, with Domino’s India reporting like-for-like (LFL) growth of 12.1%—broadly similar to Q3, albeit on a tougher base.

EBITDA came in 6% above estimates.

The Turkey business continues to show weak LFL performance. CLSA expects debt refinancing and over 250 new store additions going forward.

Citi has a 'Buy' rating on Jubilant FoodWorks, with a price target of ₹805, citing gains in market share, growth, and profitability.

For FY26E, the management has guided for the addition of 250 Domino’s and 30 Popeyes stores in India, compared to 184 and 19 net additions respectively in FY25.

On profitability, the company expects to improve its EBITDA margin by at least 200 basis points over the next three years.

Goldman Sachs is 'Neutral' on Jubilant FoodWorks and has a price target of ₹730. It said that the Q4FY25 standalone results were strong and ahead of estimates.

Revenue growth momentum is sustaining, driven by LFL growth.

EBITDA margins have started to trend upwards as operating leverage plays out.

Shares of Jubilant Foodworks Ltd. settled 1.26% lower on Wednesday at ₹692.85. The stock is now down over 6% so far in 2025.Continue ReadingNote To ReadersDisclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsJubilant FoodworksJubilant Foodworks earningsshare market today