By BullScreen Editorial Team 
Shares of Jubilant FoodWorks Ltd. fell as much as 10% on Tuesday, April 7, after the company reported muted like-for-like (LFL) growth for the fourth quarter of FY26, despite posting steady revenue gains.
The quick-service restaurant (QSR) operator reported consolidated revenue of ₹2,505.8 crore for Q4, marking a 19.1% year-on-year (YoY) increase. Standalone revenue rose 6.2% YoY to ₹1,686 crore. For the full fiscal year FY26, consolidated revenue stood at ₹9,544 crore, up 17.2%, while standalone revenue climbed 12.8% to ₹6,887.8 crore.
However, the key concern for investors was weak same-store sales growth in India. Domino’s India reported LFL growth of just 0.2% during the quarter, compared to a stronger 9% growth in Turkey. The slowdown has been largely attributed to commercial LPG supply constraints, with over 95% of the company’s outlets dependent on LPG.
According to Elara Securities, the softness appears to be operational rather than structural, noting that competitive intensity in the pizza segment has eased. The brokerage maintained a ‘Buy’ rating with a target price of ₹780, while highlighting profitability improvement as a key re-rating trigger.
On the expansion front, the company added a net 69 stores in Q4, taking its total store count to 3,663. Domino’s India added 59 outlets, reaching 2,455 stores.
Despite Monday’s 3.24% gain to ₹461, the stock remains down 17% year-to-date, reflecting continued investor caution around demand recovery and margin visibility.