Jubilant FoodWorks Ltd Q4 FY2020-21 consolidated net profit at Rs. 105.41 crores

Jubilant FoodWorks Ltd has reported financial results for the period ended March 31, 2021.

Financial Results (Q4 FY20-21) - QoQ Comparison

The company has reported total income of Rs.1050.77 crores during the period ended March 31, 2021 as compared to Rs.1085.15 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.105.41 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.124.13 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.7.99 for the period ended March 31, 2021 as compared to Rs.9.41 for the period ended December 31, 2020.

Financials	Q4 FY20-21	Q3 FY20-21	% Change
Total Income	₹ 1050.77 crs	₹ 1085.15 crs	-3.17%
Net Profit	₹ 105.41 crs	₹ 124.13 crs	-15.08%
EPS	₹ 7.99	₹ 9.41	-15.09%

Financial Results (Q4 FY20-21) - YoY Comparison

The company has reported total income of Rs.1050.77 crores during the period ended March 31, 2021 as compared to Rs.929.50 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.105.41 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.33.12 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.7.99 for the period ended March 31, 2021 as compared to Rs.2.51 for the period ended March 31, 2020.

Financials	Q4 FY20-21	Q4 FY19-20	% Change
Total Income	₹ 1050.77 crs	₹ 929.50 crs	13.05%
Net Profit	₹ 105.41 crs	₹ 33.12 crs	218.27%
EPS	₹ 7.99	₹ 2.51	218.33%

Financial Results (Year ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.3384.94 crores during the 12 months period ended March 31, 2021 as compared to Rs.3996.88 crores during the 12 months period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.231.66 crores for the 12 months period ended March 31, 2021 as against net profit / (loss) of Rs.279.98 crores for the 12 months period ended March 31, 2020.

The company has reported EPS of Rs.17.55 for the 12 months period ended March 31, 2021 as compared to Rs.21.22 for the 12 months period ended March 31, 2020.

Financials	Year Ended FY20-21	Year Ended FY19-20	% Change
Total Income	₹ 3384.94 crs	₹ 3996.88 crs	-15.31%
Net Profit	₹ 231.66 crs	₹ 279.98 crs	-17.26%
EPS	₹ 17.55	₹21.22	-17.3%

As on March 31, 2021, the Company had liquid funds equivalents to Rs. 6,024 million in the form of Cash and Cash equivalents, bank deposits and investments.

Commenting on the performance for Q4 and FY21, Mr. Shyam S. Bhartia, Chairman and Mr. Hari S. Bhartia, CoChairman, Jubilant Foodworks Limited said, "We are glad to have transitioned from recovery to growth phase and concluded the fiscal year on a positive note despite unique challenges posed by the global pandemic. Our relentless focus on driving customer experience, customer and employee safety, cost management and productivity, resulted in a strong operating performance in Q4. During the quarter, we acquired the master franchise rights for Popeyes® in India; we also announced our investment in DP Eurasia. As we celebrate our silver jubilee in the country, we are excited about the future and ready to seize the opportunities that lie ahead."

Commenting on the performance for Q4 and FY21, Mr. Pratik Pota, CEO and Wholetime Director, Jubilant Foodworks Limited said, "I am pleased with our performance in Q4FY21 and FY21. We returned to growth during the quarter, opened a large number of new stores, improved our operating margins and expanded our portfolio of brands. The quarter rounded off a challenging year where we were tested like never before, and I could not be more proud of the way our teams rallied around to serve our customers and our communities and to deliver an outstanding performance during the year. We are confident that our sustained investments in Digital, Supply Chain, Brand building, Innovation and Portfolio expansion will continue to be a source of competitive advantage for us and help drive hyper-growth."

Shares of Jubilant FoodWorks Ltd was last trading in BSE at Rs.3190 as compared to the previous close of Rs. 3198.9. The total number of shares traded during the day was 43872 in over 4866 trades.

The stock hit an intraday high of Rs. 3247.55 and intraday low of 3141.65. The net turnover during the day was Rs. 139831950.

Source : Equity Bulls

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