Buy Jubilant Foodworks, price target Rs 1650: Shubham Aggarwal

Shubham Aggarwal of Quantsapp Advisory has a buy call on Jubilant Foodworks Ltd. with a target price of Rs 1650. The current price of Jubilant Foodworks Ltd. is Rs 1597.65. Shubham Aggarwal recommended to keep a stop loss at Rs 1575.

Jubilant Foodworks Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 21091.29 Crore) operating in Tourism & Hospitality sector.

Jubilant Foodworks Ltd. key Products/Revenue Segments include Pizza which contributed Rs 2334.31 Crore to Sales Value (78.32 % of Total Sales), Others which contributed Rs 383.13 Crore to Sales Value (12.85 % of Total Sales), Beverages which contributed Rs 127.17 Crore to Sales Value (4.26 % of Total Sales), Desserts which contributed Rs 95.35 Crore to Sales Value (3.19 % of Total Sales), Dips which contributed Rs 30.50 Crore to Sales Value (1.02 % of Total Sales), Others (Traded) which contributed Rs 9.31 Crore to Sales Value (0.31 % of Total Sales) and Other Operating Revenue which contributed Rs .66 Crore to Sales Value (0.02 % of Total Sales) for the year ending 31-Mar-2018.


For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 998.05 Crore, up 5.16 % from last quarter sales of Rs 949.11 Crore and up 12.17 % from last year same quarter sales of Rs 889.79 Crore. Company has reported net profit after tax of Rs 72.98 Crore in latest quarter.