JUBILANT FOODWORKS Announces Quarterly Results (1QFY19); Net Profit Up 213.2%
Thu, 26 Jul

JUBILANT FOODWORKS has announced its results for the quarter ended June 2018. Here is a detailed performance review of the same:

JUBILANT FOODWORKS Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-17*
3
Mar-18*
3
Jun-18*
QoQ ChangeYoY Change
Net SalesRs m6,7887,7988,5519.6%26.0%
Other incomeRs m3012771-44.0%138.0%
TurnoverRs m6,8187,9268,6228.8%26.5%
ExpensesRs m5,9926,5217,1309.3%19.0%
Gross profitRs m7961,2781,42111.2%78.5%
DepreciationRs m462378366-3.3%-20.9%
InterestRs m0000.0%0.0%
Profit before taxRs m3641,0271,1269.7%209.8%
TaxRs m1253463809.7%203.4%
Profit after taxRs m2386817479.7%213.2%
Gross profit margin%11.716.416.6
Effective tax rate%34.433.733.7
Net profit margin%3.58.68.7
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 26.0% on a year-on-year (YoY) basis. The expenses were up by 19.0% YoY during the same period.
  • The company's operating profit increased by 78.5% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 16.6% in 1QFY19 as against 11.7% in 1QFY18.
  • Depreciation charges and finance costs declined by 20.9% YoY and 0.0% YoY, respectively.
  • Other income increased by 138.0% YoY during the quarter.
  • Net profit for the quarter increased by 213.2% YoY. Net profit margins during the quarter increased from 3.5% in 1QFY18 to 8.7% in 1QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 9.6% on a quarter-on-quarter (QoQ) basis. The expenses were up by 9.3% QoQ during the same period.
  • The company's operating profit increased by 11.2% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 16.6% in 1QFY19 as against 16.4% in 4QFY18.
  • Net profit for the quarter increased by 9.7% QoQ, while net profit margins increased from 8.6% in 4QFY18 to 8.7% in 1QFY19.

To see how JUBILANT FOODWORKS has performed over the last eight quarters, please visit here.

JUBILANT FOODWORKS Share Price Performance

Over the last one year, JUBILANT FOODWORKS share price has moved up from Rs 641.0 to Rs 1,402.0, registering a Gain of Rs 761.0 or around 118.7%.

Overall, the S&P BSE SENSEX is up 0.3% over the year.

Current Valuations

At the current price of Rs 1,402.0, the price to earnings (P/E) ratio of JUBILANT FOODWORKS stands at 36.0 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 10.6 times.