Jubilant Foodworks Limited · NSE:JUBLFOOD
Jubilant Foodworks — Q3 FY2017 Earnings Presentation
19 slides from Jubilant Foodworks's earnings presentation, Feb 6, 2017
Slide 1: Q3 & 9M FY17 Earnings Presentation
Q3 & 9M FY17 Earnings Presentation 06 February 2017
Slide 2: Overview
Overview Continued expansion Enhance customer reach Exclusive franchise for Domino’s Pizza and Dunkin’ Donuts • Restaurant network expansion • Technology-based Domino’s Pizza- “Yeh Hai Rishton ka time” - for focussed on accessibility relationships and bonding and aimed at strengthening the emotional
Slide 3: Highlights - Domino's Pizza
Highlights - Domino’s Pizza Network data Q3 FY17 Q3 FY16 9M FY17 9M FY16 Restaurant at the beginning of the 1,081 950 1,026 877 period Restaurants in 260 New Restaurants 32 40 87 113 cities as of February Closed restaurants 6 - 6 - Restaurants at the end 06, 2017 of the period 1,107 990 1,107 990 Th
Slide 4: Highlights - Domino's Pizza – Restaurant Network
Highlights - Domino’s Pizza – Restaurant Network States/Union Territory Cities Restaurants City/Town Coverage 259 Maharashtra Uttar Pradesh 28 23 219 80 Gujarat 20 76 Haryana 20 53 Punjab 20 46 250 Karnataka 16 127 Madhya Pradesh 15 39 Tamil Nadu 12 80 243 11 24 Rajasthan Bihar 10 18 Seemandhra 10 2
Slide 5: New Launches - Domino's Pizza
New Launches - Domino’s Pizza Quattro Formaggi Burst Crust Crust with four cheese flavours of Gouda, Creamy Ricotta, Mozzarella and Cheddar as liquid cheese . Choco Pizza The Choco Pizza is the first Dessert Pizza in the Domino’s menu. It offers a delectable combination of Choco-brownie, Choco Cooki
Slide 6: New Launches - Domino's Pizza
New Launches - Domino’s Pizza Navratra Menu Pizza Mania Extremes The latest innovative offering includes a 100% Vegetarian Pizza, Sago Pizza Mania Extremes - offering is an extension of the brands’ much loved Pizza Pudding and Sabudana Crispies. This is in line with the festive season on Mania range
Slide 7: The OLO Connect
The OLO Connect Q3 FY16 Q4 FY16 Q1 FY17 Q2 FY17 Q3 FY17 Average OLO contribution to delivery sales 36% 41% 44% 47% 49% Mobile Ordering sales contribution to overall OLO 38% 38% 41% 54% 56% Downloads of mobile ordering app 3.7 mn 3.9 mn 4.4 mn 5.0 mn 5.3 mn 7
Slide 8: Dunkin' Donuts & more - All Day Part Menu
Dunkin’ Donuts & more - All Day Part Menu 12 11 1 10 2 9 3 8 4 7 5 6 8
Slide 9: Highlights - Dunkin' Donuts
Highlights - Dunkin’ Donuts Restaurants as on 06 February 2017 across 19 cities Network data Particulars Q3 FY17 Q3 FY16 9M FY17 9M FY16 Restaurants at beginning of period 73 66 71 54 New restaurants 1 4 9 16 Closed restaurants 1 - 7 - Restaurants at end of period 73 70 73 70 City Count 23 24 23 24
Slide 10: New Launches– Dunkin' Donuts
New Launches– Dunkin’ Donuts Chef’s Favourite Paneer Munchkins Big Joy Paneer Delight – Crunchy paneer patty with smoky and zesty sauce in soft sesame bun Glazed Munchkin coated with Oreo cookie crumbs. And, custard filled munchkin coated with White compound and drizzled with dark choc lining. Range
Slide 11: New Launches– Dunkin' Donuts
New Launches– Dunkin’ Donuts DunkyDoos Donut Cakes DunkyDoos- is the newest range of donuts that embodies fun and New era Dunkin’ Donut cakes revel in the indulgence of chocolate in three exuberance for the younger audience. Range of 6 donuts priced at glorious variants. Choco Strawberry for a playf
Slide 12: Management Views
Management Views Commenting on the performance for Q3 FY17, Mr. Shyam S. Bhartia, Chairman and Mr. Hari S. Bhartia, Co-Chairman, Jubilant FoodWorks Limited said, ““Q3 has been a challenging quarter for the consumer sector on account of currency demonetization. However, we were able to minimize the i
Slide 13: Result Highlights
Result Highlights Particulars (Rs. mn) Q3 FY17 Q3 FY16 Growth % 9M FY17 9M FY16 Growth % Income from Sales 6,587.6 6,337.6 3.9% 19,329.5 17,916.4 7.9% Other Operating Income 0.8 1.8 (55.3)% 3.4 5.2 (34.0)% Total Income 6,588.4 6,339.4 3.9% 19,332.9 17,921.6 7.9% • Revenue during the quarter was impa
Slide 14: Result Highlights
Result Highlights Particulars (Rs. mn) Q3 FY17 Q3 FY16 Growth % 9M FY17 9M FY16 Growth % Raw Material & Provisions Consumed 1,650.5 1,459.7 13.1% 4,741.5 4,248.3 11.6% Personnel Expenses 1,519.6 1,532.9 (0.9)% 4,422.2 4,224.6 4.7% Rent 733.6 650.5 12.8% 2,178.8 1,861.4 17.1% Other Expenses 2,044.1 1
Slide 15: Result Highlights
Result Highlights Particulars (Rs. mn) Q3 FY17 Q3 FY16 Growth % 9M FY17 9M FY16 Growth % EBITDA 640.5 727.5 (12.0)% 1,860.7 2,004.5 (7.2)% Margins 9.7% 11.5% (180) bps 9.6% 11.2% (160) bps • Impact on account of demonetization which caused stress in consumption Particulars (Rs. mn) Q3 FY17 Q3 FY16 G
Slide 16: Ind AS Reconciliation
Ind AS Reconciliation Profit Reconciliation Quarter ended 31st Nine Month ended 31st Particulars (Rs. mn) December 2015 December 2015 Net Profit as reported under Previous GAAP 317.5 851.0 Effects of transition to Ind AS Actuarial Gain/(Loss) on employee defined benefit plan (5.2) (14.4) Impact of d
Slide 17: Outlook
Outlook Expansion driven by ROI parameters • Continue profitable expansion of restaurants • For FY17, the target would be to open around 110-115 new Domino’s Pizza restaurants and around 15 new Dunkin’ Donuts restaurants • Successfully opened 95 Domino’s Pizza and 11 Dunkin’ Donuts’ restaurants thus
Slide 18: Key achievements and awards during the quarter
Key achievements and awards during the quarter Jubilant FoodWorks Limited won the 4th Edition of “India’s Most Ethical Companies Award 2016” by the World CSR Day . Jubilant FoodWorks Limited won Seven CII Awards for Food Safety under various categories 18
Slide 19: About Jubilant FoodWorks Ltd.
About Jubilant FoodWorks Ltd. Jubilant FoodWorks Limited (JFL/Company) is part of Jubilant Bhartia group and India’s largest food service company, with a network of 1111 Domino’s Pizza restaurants across 260 cities (as of February 6, 2017). The Company & its subsidiary have the exclusive rights to d