Jubilant Foodworks Limited · NSE:JUBLFOOD
Jubilant Foodworks — Q1 FY2020 Earnings Presentation
16 slides from Jubilant Foodworks's earnings presentation, Jul 24, 2019
Slide 1: Press Release along with Earnings Presentation for Q1 FY 2020
~ . , Domino's Pizza' ~' k3)DUNICI NUT ' JUBIlANT www.domlnos.co.ln 0M011 www.dunkinindia.com FOODWORKS www·lubilantfoodworks.com JFLI NSE-BSEI 2019-20 I SO July 24, 2019 BSE Limited National Stock Exchange of India Limited 25 th Floor, P.J Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street,
Slide 2: Press Release - Financial Results for Q1 FY20
Jubilant FoodWorks Limited Press Release - Financial Results for Q1 FY20 Performance Snapshot – Q1 FY20 Operating Revenues at Rs. 9,401 million, growth of 9.9% Domino’s Same Store Sales Growth (SSG) at 4.1%, on a base of 25.9% in the same period of last year *EBITDA at Rs. 2,191 million; EBITD
Slide 3: Store Matrix
Store Matrix Domino’s Pizza Particulars Q1 FY20 Q1 FY19 SSG* 4.1% 25.9% Like-for-Like Growth** 5.8% 25.9% Network data Restaurant at the beginning of the period 1,227 1,134 New Restaurants 26 13 Closed restaurants 4 3 Restaurants at the end of the period 1,249 1,144 Number of New Cities added 3 2 1,
Slide 4: About Jubilant FoodWorks Ltd
About Jubilant FoodWorks Ltd: Jubilant FoodWorks Limited (JFL/Company) is part of Jubilant Bhartia group and is one of India’s largest food service Company, with a network of 1,249 Domino’s Pizza restaurants across 276 cities (as of June 30, 2019). The Company has the exclusive rights to develop and
Slide 5: Q1 FY20
Q1 FY20 EARNINGS PRESENTATION July 2019 Jubilant FoodWorks Limited
Slide 6: Highlights Q1 FY20
• Operational Revenues at Rs. 9,401 mn, growth at 9.9% • Domino’s Pizza Same Store Sales Growth (SSG) at 4.1%. LFL Growth at 5.8%* • Hong‟s Kitchen: Encouraging response from customers continues; on track to open 10 new stores in FY20 • Domino‟s Pizza Bangladesh continues to do well and ahead of our
Slide 7: Results Trends
Results Trends Q1 Q2 Q3 Q4 Q1FY20 Q1FY20 FY19 FY19 FY19 FY19 (W/O IND-AS 116) (With IND-AS 116) System Growth 26.0% 21.3% 16.8% 10.9% 9.9% 9.9% Domino’s SSG* 25.9% 20.5% 14.6% 6.0% 4.1% 4.1% Domino’s LFL Gr(%)** 25.9% 20.7% 15.2% 7.4% 5.8% 5.8% RESULTS TREND EBITDA Margin (%)# 16.6% 16.7% 18.4% 17.1
Slide 8: Domino's Pizza Network Data
DOMINO’S PIZZA NETWORK DATA Q1 FY19 Q2 FY19 Q3 FY19 Q4 FY19 Q1 FY20 Restaurant at the beginning of 1,134 1,144 1,167 1,200 1,227 the period New Restaurants 13 24 35 30 26 HIGHLIGHTS Closed restaurants 3 1 2 3 4 DOMINO’S Restaurants at the end of the 1,144 1,167 1,200 1,227 1,249 PIZZA period 2 new c
Slide 9: Online Ordering (OLO)
Online Ordering (OLO) Period Q1 FY19 Q2 FY19 Q3 FY19 Q4 FY19 Q1 FY20 Average OLO contribution to delivery 65% 68% 73% 75% 81% sales 2 new city added in Q1 FY19 Mobile Ordering sales contribution to 83% 85% 88% 88% 89% overall OLO Downloads of mobile ordering app 10.9 mn 12.6 mn 15.3 mn 17.8 mn 21.6
Slide 10: Dunkin' Donuts Network Data
DUNKIN’ DONUTS NETWORK DATA Q1 FY19 Q2 FY19 Q3 FY19 Q4 FY19 Q1 FY20 Restaurant at the beginning of 37 37 32 32 31 the period New Restaurants 1 0 0 0 0 HIGHLIGHTS Closed restaurants 1 5 0 1 1 DUNKIN’ Restaurants at the end of the 37 32 32 31 30 DONUTS period RESTAURANT NETWORK City/Town Coverage 10 1
Slide 11: Standalone Financials
Standalone Financials Q1 FY20 # Q1 FY20 Q1 FY19 Growth% Growth% Particulars (Rs. mn) (With IND-AS 116) (W/O IND-AS 116) (W/O IND-AS 116) (Respective AS) (W/O IND-AS 116) Revenue from operations (Net) 9,401 9,401 8,551 9.9% 9.9% Other Income 153 153 71 113.9% 113.9% Total Income 9,554 9,554 8,622 10.
Slide 12: Overview on new lease accounting standard IND AS 116
Overview on new lease accounting standard IND AS 116 New lease standard is effective 1st April 2019. Unlike old standard there is no distinction between finance lease & operating lease. All leases in BS to be recognized as assets & liabilities. Calculation of assets & liabilities: Lease li
Slide 13: What is Changing
What is Changing A comparison of balance sheet and income statement – The “Before” and “After” in the books of a Lessee 2 new city added in Q1 FY19 9
Slide 14: Management Views
MANAGEMENT VIEWS Commenting on the performance for Q1 FY20, Mr. Shyam S. Commenting on the performance for Q1 FY20, Mr. Pratik Pota, CEO and Bhartia, Chairman and Mr. Hari S. Bhartia, Co-Chairman, Whole time Director, Jubilant FoodWorks Limited said, Jubilant FoodWorks Limited said, “We are pleased
Slide 15: Key Focus Areas
KEY FOCUS AREAS FORTRESS ELEVATE SUSTAINED BUILD WIN IN DOMINO’S CUSTOMER TECHNOLOGY PORTFOLIO OF INTERNATIONAL IN INDIA EXPERIENCE INVESTMENT BRANDS EFFICIENCY AND PRODUCTIVITY 11
Slide 16: Jubilant FoodWorks
Jubilant FoodWorks Limited (JFL/Company) is part of Jubilant Bhartia group and is one of India‟s largest food service Company, with a network of 1,249 Domino‟s Pizza restaurants across 276 cities (as of June 30, 2019). The Company has the exclusive rights to develop and operate Domino‟s Pizza brand