Jubilant Foodworks Limited — Investor Meet, 27-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Jubilant FoodWorks' Q4FY26 & FY26 earnings call noted LFL growth deceleration to 6% in Q4, with annual LFL around 7%. Delivery is strong, but Dine-in/Takeaway is challenging. Average Order Value dropped after reducing minimum order to Rs. 99 to boost market share. Gross margins improved from efficiency and premium products. Management targets 5-7% LFL growth, expecting short-term margin pressure from 100-120 bps hit on energy and wage inflation, despite ~1.2% price increases. Plans include 230-250 new stores, smaller formats, reduced capex, and converting to electric/PNG ovens. Confident in long-term 200 bps margin improvement via operational efficiency and market share gains.