Jubilant FoodWorks Targets 5-7% Same-Store Growth, Expands Across More Cities

• Jubilant FoodWorks aims for 5-7% same-store sales growth and broader city coverage, leveraging India's low organized food services penetration.
• The company projects approximately 15% revenue and EBITDA growth medium-term through steady like-for-like expansion, 8-9% organic store additions, and Popeyes gains.
• CEO Sameer Khetarpal highlights a $60 billion food services market, with two-thirds unorganized, presenting substantial growth opportunities.
• Growth drivers include 20-minute delivery, menu innovation, broader distribution, and strategic store expansion into smaller cities and metros.
• Jubilant FoodWorks expects margin expansion of about 200 basis points from FY24 levels, targeting 15% revenue and EBITDA growth.