Sell Jubilant Foodworks, target Rs 1250.0 : Kunal Bothra
Sell Jubilant Foodworks Ltd. at a price target of Rs 1250.0 and a stoploss at Rs 1330 from entry point.
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 31-03-2019, the company has reported a Standalone sales of Rs 865.20 Crore, down -6.87 % from last quarter Sales of Rs 929.05 Crore and up 10.95 % from last year same quarter Sales of Rs 779.82 Crore Company has reported net profit after tax of Rs 73.95 Crore in latest quarter. The company’s top management includes Mr.Abhay Prabhakar Havaldar, Mr.Ashwani Windlass, Mr.Berjis Desai, Mr.Hari S Bhartia, Mr.Pratik Pota, Mr.Shamit Bhartia, Mr.Shyam S Bhartia, Ms.Aashti Bhartia. Company has Deloitte Haskins & Sells LLP as its auditoRs As on 31-03-2019, the company has a total of 131,969,040 shares outstanding.