Jubilant FoodWorks shows growth recovery as Domino's India accelerates

Jubilant FoodWorks posted an improved like-for-like growth rate of 4.1 per cent for Domino's India in the second quarter of FY27, marking a clear acceleration from the 2.5 per cent recorded in the preceding quarter. The uptick signals renewed momentum in the company's core business as consumer demand stabilised following earlier headwinds.

The company's emerging Popeyes brand continued its expansion trajectory, with revenue more than doubling year-on-year during the same period. The Louisiana-style fried chicken chain, which has been gradually expanding its footprint across India, represents a significant growth lever for the diversified food company.

Brokerages tracking Jubilant FoodWorks have largely welcomed the improved comparable sales growth, viewing it as evidence that the company is navigating the competitive quick-service restaurant landscape more effectively. However, analysts have diverged in their assessments of the company's profitability outlook, with differing views on whether improved volumes will translate into margin expansion or face headwinds from elevated input costs and promotional pressures.