- Business
- Jubilant FoodWorks Limited (NSE, BSE: JUBLFOOD), incorporated in 1995 and headquartered in Noida, India, operates as India's largest foodservice company and part of the Jubilant Bhartia Group; it holds exclusive master franchise rights for Domino's Pizza in India, Sri Lanka, Bangladesh, and Nepal, Popeyes restaurants in India, Bangladesh, Nepal, and Bhutan, and Dunkin' restaurants in India, while also managing its own brands Hong's Kitchen, an Indo-Chinese quick-service restaurant chain, and through its step-down subsidiary DP Eurasia N.V., the Domino's Pizza franchise in Turkey, Azerbaijan, and Georgia along with the COFFY café brand in Turkey. The company develops and operates a network of over 3,480 stores across six markets including India with 1,995 Domino's stores in 421 cities, 42 Popeyes outlets in 15 cities, 31 Dunkin' stores in 10 cities, and 28 Hong's Kitchen locations in six cities, as well as 720 Domino's and 97 COFFY stores via DP Eurasia, and additional outlets in Sri Lanka and Bangladesh through wholly-owned subsidiaries; its core offerings encompass pizza delivery and dine-in via Domino's, featuring innovative items like Ragi Super Crust Pizza and plant-based options, spicy chicken sandwiches, tenders, and regional specialties at Popeyes, donuts, coffee, beverages, sandwiches, and bakery products at Dunkin', Indo-Chinese cuisine at Hong's Kitchen, and coffee at COFFY, supported by 12 commissaries, a robust supply chain with over 135 HACCP-certified partners, and technology-driven operations serving more than 30,000 employees. Recent developments include entering a strategic memorandum of understanding with Coca-Cola India in early 2025 for procuring sparkling beverages like Thums Up, Sprite, and Fanta across its network, with a master agreement formalizing in April 2025 to enhance beverage offerings and leverage Coca-Cola's distribution; achieving milestones such as Domino's reaching 2,000 stores in India and expanding to 500 cities in 2024, launching 30 new menu items in 2023 with a focus on health-conscious and sustainable options including India's first "No Antibiotics Ever" policy in poultry, opening Hong's Kitchen's 25th store in Delhi, and joining the Open Network for Digital Commerce; investing up to Rs. 40 crore in its Netherlands-based subsidiary JFN in November 2024 for interest payments and expenses; and announcing the voluntary liquidation of associate Hashtag Loyalty Pvt. Ltd. in December 2024, alongside acquiring a stake in DP Eurasia in prior years to bolster international presence.