AndreaV955081450: Enhanced content and organization

2025-12-30T14:32:40Z

Enhanced content and organization

>BattyBot: /* History */Removed/fixed incorrect author parameter(s), performed general fixes

2021-07-01T23:15:59Z

History: Removed/fixed incorrect author parameter(s), performed general fixes

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{{short description|Indian restaurant franchisee}}
{{Use dmy dates|date=May 2014}}
{{Use Indian English|date=June 2016}}
{{Infobox company
| name = Jubilant FoodWorks Limited
| logo = Jubilant FoodWorks.jpg
| logo_size = 200px
| logo_alt =
| logo_caption =
| logo_padding =
| image =
| image_size =
| image_alt =
| image_caption =
| trading_name =
| type = [[Public limited company|Public]]
| traded_as = {{BSE|533155}} {{NSE|JUBLFOOD}}
| former_name = Domino's Pizza India Private Ltd
| ISIN = INE797F01012
| industry = {{plainlist|
*[[Restaurants]]
*[[Food and Beverage]]}}
| founded = {{Start date and age|df=yes|1995|03|16}}
| hq_location =
| hq_location_city = [[Noida]], [[Uttar Pradesh]]
| hq_location_country = [[India]]
| coordinates =
| num_locations = 1,373 outlets<ref name="Financials"/>
| num_locations_year = 2020
| areas_served = India, Nepal, Sri Lanka, Bangladesh and Bhutan
| key_people = {{ubl|Shyam Sunder Bhartia (Chairman)<ref>{{cite web|url=http://www.jubilantfoodworks.com/investors/corporate-governance/ |title=Corporate Governance - Board of Directors |website=Jubilantfoodworks.com |date=30 September 2013 |access-date=28 December 2013}}</ref>|Pratik Pota (CEO)}}
| brands = {{ubl|[[Domino's Pizza]]|[[Dunkin' Donuts]]|[[Popeyes]]}}
| services = [[Master franchise]]e for [[Dunkin' Donuts]] branches in India and [[Domino's Pizza]] branches in India, Nepal, Sri Lanka and Bangladesh
| revenue = {{profit}} {{INRConvert|3996|c}}<ref name="Financials">{{cite web|url=https://www.moneycontrol.com/india/stockpricequote/miscellaneous/jubilantfoodworks/JF04|title=Jubilant FoodWorks Ltd. Financial Statements |website=moneycontrol.com}}</ref>
| revenue_year = 2020
| operating_income = {{profit}} {{INRConvert|568|c}}<ref name="Financials"/>
| income_year = 2020
| profit = {{profit}} {{INRConvert|278|c}}<ref name="Financials"/>
| profit_year = 2020
| assets = {{profit}} {{INRConvert|3370|c}}<ref name="Financials"/>
| assets_year = 2020
| equity = {{profit}} {{INRConvert|990|c}}<ref name="Financials"/>
| equity_year = 2020
| owner = 
| num_employees = 31,514<ref name="Financials"/>
| num_employees_year = 2020
| parent = Jubilant Bhartia Group
| divisions =
| subsid = {{ubl|Jubilant FoodWorks Lanka Pvt Ltd|Jubilant Golden Harvest Ltd.|Jubilant Foodworks Netherlands BV}}
| slogan = 
| footnotes =
| website = {{URL|http://www.jubilantfoodworks.com/}}
}}

'''Jubilant FoodWorks Limited''' is an [[India]]n [[food service]] [[company]] based in [[Noida]], [[Uttar Pradesh]] which holds the [[master franchise]] for [[Domino's Pizza]] in [[India]], [[Nepal]], [[Sri Lanka]] and [[Bangladesh]], for [[Popeyes]] in India, Bangladesh, Nepal and Bhutan, and also for [[Dunkin' Donuts]] in India.<ref>[http://www.livemint.com/2011February24210743/Jubilant-FoodWorks-ties-up-wit.html] {{dead link|date=January 2019}}</ref> The company is a part of the Jubilant Bhartia Group, owned by Shyam Sunder Bhartia (husband of [[Shobhana Bhartia]]).<ref>{{cite web|url=http://www.jubl.com/jub-corp.html |title=Jubilant Life Sciences |website=Jubl.com |date=31 March 2013 |access-date=28 December 2013}}</ref>

==History==
The company was incorporated on 16 March 1995 as Domino's Pizza India Private Ltd. and began operations in 1996. It changed its name to Jubilant FoodWorks Ltd in 2009.<ref>{{cite web|url=http://www.jubilantfoodworks.com/ |title=Company - Jubilant FoodWorks Limited - JFL {{pipe}} The Company {{pipe}} Food Service Company {{pipe}} Jubilant FoodWorks Limited |publisher=Jubilant FoodWorks Ltd. |date=31 October 2013 |access-date=15 January 2014}}</ref> The company opened India's first Domino's Pizza outlet in [[New Delhi]] in 1996.<ref name="moneycontrol1">{{cite web|url=http://www.moneycontrol.com/company-facts/jubilantfoodworks/history/JF04 |title=Company History of Jubilant Foodworks |website=Moneycontrol.com |access-date=28 December 2013}}</ref>

It was headed by Ajay Kaul since 2005. Pratik Pota became the CEO from April 2017.<ref>{{Cite news|url=http://economictimes.indiatimes.com/industry/cons-products/food/jubilant-foodworks-names-pratik-pota-as-ceo-to-succeed-ajay-kaul/articleshow/56516375.cms|title=Jubilant FoodWorks names Pratik Pota as CEO; to succeed Ajay Kaul|last=Bhushan|first=Ratna|date=2017|newspaper=[[The Economic Times]]|access-date=2017-08-28}}</ref>

On 24 February 2011, Jubilant FoodWorks signed a master franchise agreement with American coffeehouse chain [[Dunkin' Donuts]] to operate the brand in India.<ref>{{cite web|author=Rasul Bailay |url=http://www.livemint.com/2011/02/24210743/Jubilant-FoodWorks-ties-up-wit.html |title=Jubilant FoodWorks ties up with Dunkin |website=Livemint.com |date=24 February 2011 |access-date=28 December 2013}}</ref> Jubilant FoodWorks opened India's first Dunkin' Donuts outlet in [[Connaught Place, New Delhi|Connaught Place]], New Delhi in April 2012. Jubilant FoodWorks was named "Emerging Food Group of the Year" by ''[[The Economic Times]]'' in 2012.<ref>{{cite web|last=Kretzmann |first=David |url=http://www.fool.com/investing/general/2013/12/21/how-dominos-is-poised-to-benefit-from-india.aspx |title=How Domino's Is Poised to Benefit From India |website=Fool.com |date=21 December 2013 |access-date=15 January 2014}}</ref><ref>{{cite web|url=http://www.nextiphonenews.com/2013/12/how-dominos-pizza-inc-dpz-is-poised-to-benefit-from-india/ |title=How Domino's Pizza, Inc. (DPZ) Is Poised to Benefit From India |publisher=Next iPhone News |date=21 December 2013 |access-date=15 January 2014}}</ref>

The company launched its first homegrown brand called Hong's Kitchen, offering fast casual Chinese dining, with the first restaurant opening at Eros Mall in Gurugram on 13 March 2019.<ref name="auto">{{cite web |last1=Tandon |first1=Suneera |title=Jubilant FoodWorks adds Hong's Kitchen in India menu |url=https://www.livemint.com/companies/news/jubilant-foodworks-takes-to-chinese-food-with-hong-s-kitchen-1552466287557.html |website=Livemint |access-date=11 April 2020 |language=en |date=13 March 2019}}</ref><ref name="auto1">{{cite web |last1=India |first1=Press Trust of |title=Jubilant FoodWorks launches first homegrown eatery brand Hong's Kitchen |url=https://www.business-standard.com/article/pti-stories/jubilant-foodworks-launches-eatery-brand-hong-s-kitchen-119031300422_1.html |website=Business Standard India |access-date=11 April 2020 |date=13 March 2019}}</ref>

On 24 March 2021, Jubilant FoodWorks announced that it had entered into a master franchise and development agreement with [[Restaurant Brands International]] to operate [[Popeyes]] restaurants in India, Bangladesh, Nepal and Bhutan.<ref>{{cite web |author=Staff Writer |title=Jubilant FoodWorks sings deal with US-based restaurant brand Popeyes |url=https://www.livemint.com/companies/news/jubilant-foodworks-sings-deal-with-us-based-restaurant-brand-popeyes-11616600418013.html |website=mint |access-date=25 March 2021 |language=en |date=24 March 2021}}</ref><ref>{{cite web |last1=India |first1=Press Trust of |title=Jubilant FoodWorks to bring US-based fast food chain Popeyes to India |url=https://www.business-standard.com/article/companies/jubilant-foodworks-to-bring-us-based-fast-food-chain-popeyes-to-india-121032401420_1.html |website=Business Standard India |access-date=25 March 2021 |date=24 March 2021}}</ref>

===Acquistions===
On 1 January 2021, Jubilant FoodWorks purchased a 10.76% stake in Barbeque Nation Hospitality Limited for ₹92 crore.<ref>{{cite web |title=Jubilant continues to broaden its food service scope; buys 10.76% stake in Barbeque Nation {{!}} Business News |url=https://www.timesnownews.com/amp/business-economy/companies/article/jubilant-continues-to-broaden-its-food-service-scope-buys-10-76-stake-in-barbeque-nation/701628 |website=www.timesnownews.com}}</ref> On 19 February 2021, the company announced that it would acquire complete ownership of Netherlands-based Fides Food Systems Coöperatief UA for [[£]]24.80 million through its subsidiary Jubilant Foodworks Netherlands BV. The acquisition marks Jubilant FoodWorks entry into the Eurasian market. Fides holds a 32.81% stake in DP Eurasia NV, which is the master franchisee for Dominos Pizza in Turkey, Russia, Azerbaijan and Georgia.<ref>{{cite web |last1=Bhushan |first1=Ratna |title=Jubilant Foodworks to acquire Fides Food Systems through Netherlands-based arm |url=https://economictimes.indiatimes.com/industry/cons-products/food/jubilant-foodworks-to-acquire-fides-food-systems-through-netherlands-based-arm/articleshow/81110666.cms |website=The Economic Times |access-date=25 March 2021}}</ref><ref>{{cite web |last1=Bureau |first1=Our |title=Jubilant to acquire Dutch firm Fides Food for $35 million |url=https://www.thehindubusinessline.com/companies/jubilant-to-acquire-dutch-firm-fides-food-for-35-million/article33880935.ece |website=@businessline |access-date=25 March 2021 |language=en}}</ref><ref>{{cite web |last1=Tandon |first1=Suneera |title=Jubilant Foodworks to acquire Fides Food |url=https://www.livemint.com/companies/news/jubilant-foodworks-to-acquire-fides-food-systems-11613742645415.html |website=mint |access-date=25 March 2021 |language=en |date=19 February 2021}}</ref>

==Domino's Pizza==
===India===
The first Domino's Pizza in India opened in [[New Delhi]] in 1996.<ref name="moneycontrol1"/> India was Domino's second-largest market in 2019, behind the United States surpassing United Kingdom.<ref name="autogenerated1">{{cite web|last=Kretzmann |first=David |url=http://www.fool.com/investing/general/2013/12/21/how-dominos-is-poised-to-benefit-from-india.aspx |title=How Domino's Is Poised to Benefit From India |website=Fool.com |date=21 December 2013 |access-date=28 December 2013}}</ref><ref name="nextiphonenews1">{{cite web|url=http://www.nextiphonenews.com/2013/12/how-dominos-pizza-inc-dpz-is-poised-to-benefit-from-india/ |title=How Domino's Pizza, Inc. (DPZ) Is Poised to Benefit From India |publisher=Next iPhone News |date=21 December 2013 |access-date=28 December 2013}}</ref> In December 2014, India became Domino's 2nd largest market.<ref>{{cite web|url=https://www.livemint.com/Companies/xrI7jynz4qNIbLyHdxaaLK/Pizza-Hut-to-open-100-outlets-in-India-to-counter-competitio.html|title=Pizza Hut to open 100 outlets in India to counter competition|first=Suneera|last=Tandon|date=3 February 2015|website=Livemint.com/|access-date=8 January 2019}}</ref> Domino's Pizza operates 1,325 stores in 282 Indian cities as on 31 December 2019.<ref name="outlets">{{cite web|url=https://www.jubilantfoodworks.com/Uploads/Files/480akmfile-Q39MFY20PressReleaseFinal.pdf|title=Press Release -Financial Results for Q3 & 9MFY2020|website=Jubilantfoodworks.com|access-date=11 April 2020}}</ref>

Domino's began accepting online orders in 2011, and online orders accounted for approximately 18-20% of total sales as of December 2013.<ref name="autogenerated1"/><ref name="nextiphonenews1"/><ref>{{cite web|last=Kretzmann |first=David |url=http://www.dailyfinance.com/2013/12/10/why-dominos-digital-component-is-important/?source=edddlftxt0860001 |title=Why Domino's Digital Component Is Important |website=DailyFinance.com |access-date=28 December 2013}}</ref>

On 19 March 2014, the 700th Domino's Pizza outlet was opened at [[HUDA City Centre metro station]] in Sector-29, [[Gurgaon]], [[Haryana]].<ref>{{cite web|url=http://www.jubilantfoodworks.com/wp-content/uploads/2014/03/Press-Release_Dominos-crosses-700th-restaurant-mark-milestone1.pdf|format=PDF|title=Domino's Pizza celebrates another milestone with the opening of its 700th Restaurant in India! |website=Jubilantfoodworks.com|access-date=8 January 2019}}</ref> The company opened 47 new restaurants between January–March 2014 and 150 outlets in the 2013–2014 [[Fiscal year|financial year]].<ref name="outlets"/> In January 2016, Domino's opened its 1000th outlet.

In 2016, Centre for Science and Environment(CSE) reported that their pizza bread were laced with toxins and carcinogens such as potassium bromate and potassium iodate. Domino's did not respond to the CSE queries Potassium bromate is a Category 2B carcinogen, meaning it can cause liver cancer.<ref>{{cite web|url=https://www.business-standard.com/article/current-affairs/kfc-pizza-hut-domino-s-mcdonald-s-outlets-selling-toxic-breads-cse-study-116052301620_1.html|title=KFC, Pizza Hut, Domino's, McDonald's outlets selling toxic breads: CSE study|first=Deepak|last=Patel|date=24 May 2016|access-date=8 January 2019|newspaper=[[Business Standard]]}}</ref>

In 2017, live bugs were found in Domino's pizza seasoning sachets in Delhi. A video of the same went viral.<ref>{{cite web|url=https://indianexpress.com/article/trending/trending-in-india/dominos-pizzas-live-bugs-in-seasoning-packet-man-posts-video/|title=WATCH: Delhi man finds live bugs in Domino's Pizza seasoning sachet; video goes viral|date=12 September 2017|website=Indianexpress.com|access-date=8 January 2019}}</ref>
<ref>{{cite web|url=https://www.facebook.com/im.arorahul/videos/10207849981407306/|title=Log In or Sign Up to View|website=Facebook.com|access-date=8 January 2019}}</ref> This prompted Domino's to stop giving seasoning sachets for some time. When they restarted, they changed the packing from transparent to opaque.

===Bangladesh===
Domino's Pizza outlets in Bangladesh are owned and operated by Jubilant Golden Harvest Ltd., a joint venture between Jubilant FoodWorks and the Golden Harvest Group.<ref>{{cite web |title=Jubilant FoodWorks gains with Domino's Pizza witnessing record number of orders in Dhaka |url=https://udaipurkiran.com/jubilant-foodworks-gains-with-dominos-pizza-witnessing-record-number-of-orders-in-dhaka/ |website=Udaipur News |access-date=19 April 2019 |date=25 March 2019}}</ref> The first outlet opened in February 2019. There are currently 7 outlets in [[Dhaka]], Bangladesh.<ref>{{cite web|url=https://www.facebook.com/285966295381697/posts/632669817378008|title=We are very delighted to announce that our dining is open again!|work=Domino's Pizza Bangladesh on Facebook|access-date=21 August 2020}}</ref>

===Sri Lanka===
Jubilant FoodWorks Lanka Pvt. Limited, a subsidiary of Jubilant FoodWorks, operates 23 Domino's Pizza outlets in Sri Lanka as on 21 December 2017.<ref>{{cite web|title=Domino's opens outlet in Boralesgamuwa|url=http://www.dailymirror.lk/article/Domino-s-opens-outlet-in-Boralesgamuwa-122930.html|website=Daily Mirror|access-date=9 November 2017|language=en}}</ref>

==Dunkin' Donuts==
The company opened the first Dunkin' Donuts outlet in Delhi in April 2012. Jubilant FoodWorks operates 32 Dunkin' Donuts outlets in 10 Indian cities as of 31 December 2019.<ref name="outlets"/> Apart from donuts, [[Doughnut hole|Munchkins]], and coffee, the chain also serves vegetarian and non-vegetarian hot and cold food.<ref>{{cite news|url=https://economictimes.indiatimes.com/panache/delights-for-tough-guys-vegetarians/articleshow/35144116.cms|title=Delights for tough guys & vegetarians|date=15 May 2014|access-date=8 January 2019|newspaper=[[The Economic Times]]}}</ref>

==Hong's Kitchen==
Jubilant FoodWorks launched its first homegrown brand called Hong's Kitchen, offering fast casual Chinese dining, with the first restaurant opening in Gurugram on 13 March 2019.<ref name="auto"/><ref name="auto1"/>
<gallery widths="220" heights="160" mode="packed">
File:Dominos Pizza in Goa.jpg|A Domino's Pizza outlet in [[Panaji]], Goa
File:Www.thinkrefrigeration.com - panoramio.jpg|Domino's outlet in [[Puri]], Odisha
File:New Market Fast Food.JPG|Domino's, next to a [[KFC]], in [[New Market, Kolkata]]
File:Domino's delivery motorcycles in Noida.jpg|Domino's delivery motorcycles in [[Noida]], Uttar Pradesh
File:Delhi Dominos Delivery (289011309).jpg|A Domino's delivery man in Delhi.
</gallery>

== References ==
{{Reflist|30em}}

== External links ==
{{commons category|Domino's Pizza in India}}
* {{official website|http://www.jubilantfoodworks.com/}}
* [http://www.dunkinindia.com/ Dunkin' Donuts India website]
* [https://pizzaonline.dominoslk.com/ Domino's Pizza Sri Lanka website]
* [https://www.dominos.com.bd/ Domino's Pizza Bangladesh website]

{{portalbar|Companies}}
{{Domino's Pizza}}
{{Pizza chains|state=autocollapse}}
{{Nifty 200 companies}}

[[Category:Companies based in Noida]]
[[Category:Indian companies established in 1995]]
[[Category:Companies listed on the Bombay Stock Exchange]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Domino's Pizza]]
[[Category:Pizza chains of India]]
[[Category:Coffee houses of India]]
[[Category:Bakeries of India]]
[[Category:1995 establishments in Uttar Pradesh]]

Jubilant FoodWorks - Revision history

AndreaV955081450: Enhanced content and organization

>BattyBot: /* History */Removed/fixed incorrect author parameter(s), performed general fixes