External broker reports(aggregated public sources), Prabhudas Lilladhar

Prabhudas Lilladhar

Prabhudas Lilladher is one of India's leading research based financial services organisation.  

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only.  Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Prabhudas Lilladher is one of India's leading research based financial services organisation.

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>JFL reported inline nos with LFL growth of 2.8% led by 1) 11.4% LFL growth in delivery channel.</li><li>2) Increasing newer consumers led by Value meal @Rs99 &amp; refurbishment of stores 3) Increasing pace of innovation.</li><li>However we cut our FY25/FY26/FY27 estimates by 17.3%/11.0%/7.7% as we expect overheads to remain elevated given targgted opening of 180 Dominos, 50 Popayes and 25 Hongs kitchen, rising wage rates and increase in RM inflation in 4Q25. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

JFL reported inline nos with LFL growth of 2.8% led by 1) 11.4% LFL growth in delivery channel.2) Increasing newer consumers led by Value meal @Rs99 &amp; refurbishment of stores 3) Increasing pace of innovation.However we cut our FY25/FY26/FY27 estimates by 17.3%/11.0%/7.7% as we expect overheads to remain elevated given targgted opening of 180 Dominos, 50 Popayes and 25 Hongs kitchen, rising wage rates and increase in RM inflation in 4Q25. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Jubilant FoodWorks - Volume Focus in Tough Environment

Jubilant Foodworks

Jubilant FoodWorks - Volume Focus in Tough Environment