Jubilant FoodWorks Ltd — earnings calls

Jubilant FoodWorks management discussed Q4 FY26 performance, noting like-for-like growth of 0.2% for the quarter and a two-year CAGR closer to 7% on an annual basis, with dine-in and takeaway cited as the primary weak spot. Management attributed part of the average order value decline to a deliberate reduction in minimum order value from Rs 149 to Rs 99 to match competitors and gain market share. Executives also detailed cost pressures from energy, labor and commodity inflation, alongside a 100 basis point gross margin improvement to 75.5% driven by wastage reduction, premium product launches and calibrated price increases.