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{{short description|Indian restaurant franchisee}}
{{short description|Indian restaurant company}}
{{Multiple issues|
{{Cleanup press release|1=article|date=December 2025}}
{{Unreliable sources|date=December 2025}}
}}
{{Use dmy dates|date=May 2014}}
{{Use dmy dates|date=May 2014}}
{{Use Indian English|date=June 2016}}
{{Use Indian English|date=June 2016}}
{{Infobox company
{{Infobox company
| name = Jubilant FoodWorks Limited
| name = Jubilant FoodWorks Limited
| logo = Jubilant FoodWorks.jpg
| logo = Jubilant FoodWorks.svg
| logo_size = 200px
| logo_size = 200px
| logo_alt =  
| logo_alt =  
Line 24: Line 28:
| hq_location =  
| hq_location =  
| hq_location_city = [[Noida]], [[Uttar Pradesh]]
| hq_location_city = [[Noida]], [[Uttar Pradesh]]
| hq_location_country = [[India]]
| hq_location_country = India
| coordinates =  
| coordinates =  
| num_locations = 1,373 outlets<ref name="Financials"/>
| num_locations = 2,096 outlets<ref name="Financials"/>
| num_locations_year = 2020
| num_locations_year = 2024
| areas_served = India, Nepal, Sri Lanka, Bangladesh and Bhutan
| areas_served = India, Nepal, Sri Lanka, Bangladesh and Bhutan
| key_people = {{ubl|Shyam Sunder Bhartia <small>(Chairman)</small><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 <small>(CEO)</small>}}
| key_people = Shyam Sunder Bhartia<br> <small>(Chairman)</small><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><br>Sameer Khetarpal<br> <small>(MD & CEO)</small><ref>{{cite news |title=Sameer Khetarpal joins Jubilant FoodWorks as CEO, managing director |url=https://www.business-standard.com/article/companies/jubilant-foodworks-brings-on-sameer-khetarpal-as-its-md-ceo-122090501440_1.html |access-date=9 July 2023 |work=Business Standard}}</ref>
| brands = {{ubl|[[Domino's Pizza]]|[[Dunkin' Donuts]]|[[Popeyes]]}}
| 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
| services = [[Master franchise]]e
| 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 = {{profit}} {{INRConvert|8217|c}} (FY25)<ref name="fy23"/>
| revenue_year = 2020
| operating_income = {{down}} {{INRConvert|308|c}} (FY25)<ref name="fy23"/>
| operating_income = {{profit}} {{INRConvert|568|c}}<ref name="Financials"/>
| profit = {{down}} {{INRConvert|217|c}} (FY25)<ref name="fy23">{{cite news |title=Jubilant FoodWorks: Consumption pressure visible, in-line EBITDA |url=https://www.bseindia.com/xml-data/corpfiling/AttachLive/13e57506-8669-42f5-9068-3051202d300a.pdf |access-date=19 February 2024 |work=HDFC Securities}}</ref>
| income_year = 2020
| assets = {{profit}} {{INRConvert|8527|c}}<ref name="Financials">{{cite web|url=https://www.bseindia.com/xml-data/corpfiling/AttachLive/13e57506-8669-42f5-9068-3051202d300a.pdf|title=Jubilant FoodWorks Ltd. Financial Statements |website=jubilantfoodworks.com}}</ref>
| profit = {{profit}} {{INRConvert|278|c}}<ref name="Financials"/>
| assets_year = 2025
| profit_year = 2020
| equity = {{down}} {{INRConvert|2182|c}}<ref name="Financials"/>
| assets = {{profit}} {{INRConvert|3370|c}}<ref name="Financials"/>
| equity_year = 2025
| assets_year = 2020
| equity = {{profit}} {{INRConvert|990|c}}<ref name="Financials"/>
| equity_year = 2020
| owner = <!-- or: | owners = -->
| owner = <!-- or: | owners = -->
| num_employees = 31,514<ref name="Financials"/>
| num_employees = 34,120 <ref name="Financials"/>
| num_employees_year = 2020
| num_employees_year = 2024
| parent = Jubilant Bhartia Group
| parent = [[Jubilant Bhartia Group]]
| divisions =  
| divisions =  
| subsid = {{ubl|Jubilant FoodWorks Lanka Pvt Ltd|Jubilant Golden Harvest Ltd.|Jubilant Foodworks Netherlands BV}}
| subsid = {{ubl|Jubilant FoodWorks Lanka|Jubilant Golden Harvest|DP Eurasia NV (49.04%)<ref>{{cite news |title=Jubilant Foodworks' WOS acquires additional 4.36% stake in DP Eurasia; stock gains ~1.5% |url=https://www.indiainfoline.com/article/news-top-story/jubilant-foodworks-wos-acquires-additional-stake-in-dp-eurasia-stock-gains--122100600094_1.html |access-date=9 July 2023 |work=India Infoline |language=en}}</ref>}}
| slogan = <!-- or: | slogans = -->
| slogan = <!-- or: | slogans = -->
| footnotes =  
| footnotes =  
| website = {{URL|http://www.jubilantfoodworks.com/}}
| website = {{URL|http://www.jubilantfoodworks.com/}}
}}
}}
 
'''Jubilant FoodWorks Limited'''  is an Indian [[food service]] company based in [[Noida]], 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 also operates two homegrown restaurant brands called Ekdum! and Hong's Kitchen. Jubilant FoodWorks is a part of the [[Jubilant Bhartia Group]], owned by Shyam Sunder Bhartia (husband of [[Shobhana Bhartia]]) and Hari 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>
'''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==
==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>
On the recommendation of a friend who owned other foreign pizza licences, Shyam Sunder Bhartia and Hari Bhartia of the [[Jubilant Bhartia Group]] entered into a master franchise partnership with [[Domino's Pizza]].<ref name="Forbes">{{cite web |last1=Shmavonian |first1=Karl |title=Pharma and Fast Food Fuel the Jubilant Bhartia Group |url=https://www.forbes.com/sites/forbesasia/2012/10/24/pharma-and-fast-food-fuel-the-jubilant-bhartia-group/ |access-date=17 October 2021 |website=Forbes |language=en}}</ref> Domino's Pizza India Private Ltd. was incorporated on 16 March 1995, and began operations in 1996.<ref name=":4">{{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> The company changed its name to Jubilant FoodWorks Ltd in 2009.<ref name=":4" /> It was headed by Ajay Kaul since 2005. Pratik Rashmikant 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> Pota announced his resignation in March 2022 and stepped down in June.<ref>{{cite web |title=Pratik Pota resigns as CEO of Jubilant FoodWorks |url=https://www.moneycontrol.com/news/business/companies/pratik-pota-resigns-as-ceo-of-jubilant-foodworks-8221941.html |website=Moneycontrol |date=11 March 2022 |access-date=12 March 2022 |language=en}}</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 name=":3">{{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.<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 |archive-date=7 January 2014 |archive-url=https://web.archive.org/web/20140107230453/http://www.nextiphonenews.com/2013/12/how-dominos-pizza-inc-dpz-is-poised-to-benefit-from-india/ |url-status=dead }}</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 |agency=Press Trust of India |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 entered into a master franchise and development agreement with [[Restaurant Brands International]] to operate [[Popeyes]] restaurants in India, Bangladesh, Nepal and Bhutan.<ref name=":0">{{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 name=":1">{{cite web |agency=Press Trust of India |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> The company opened India's first Popeyes outlet at [[Koramangala]], [[Bangalore]] on 20 January 2022.<ref name=":2" />


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>
Jubilant FoodWorks suffered a security breach in April 2021 and hackers reportedly obtained 13 terabytes of data including 180 million order details, customer names, phone numbers, email IDs, addresses, payment details, and at least 1 million credit cards.<ref>{{cite web |title=Domino's Pizza hack in India: What details were stolen and what happens next |url=https://www.wionews.com/india-news/dominos-pizza-hack-in-india-what-details-were-stolen-and-what-happens-next-378882 |website=WION |access-date=24 September 2021 |language=en}}</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>
===Acquisitions===
On 1 January 2021, Jubilant FoodWorks purchased a 10.76% stake in [[Barbeque Nation]] for {{INRConvert|92|c}}.<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/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> The company acquired a 35% stake in Mumbai-based food tech startup Thrive for {{INRConvert|24.75|c}} in October 2021.<ref>{{Cite news |last=Bhushan |first=Ratna |title=JFL to acquire stake in Thrive platform Hashtag Loyalty |work=The Economic Times |url=https://economictimes.indiatimes.com/industry/cons-products/food/jfl-to-acquire-stake-in-thrive-platform-hashtag-loyalty/articleshow/87316745.cms |access-date=2022-05-14}}</ref>


===Acquistions===
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. Fides held a 32.81% stake in DP Eurasia NV, which is the master franchisee for Dominos Pizza in Turkey, Russia, Azerbaijan and Georgia.<ref>{{cite news |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 |date=19 February 2021 |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 |date=19 February 2021 |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> In November 2021, Jubilant Foodworks acquired an additional 6.98% stake in DP Eurasia, taking its total stake in the company to 39.79%.<ref>{{Cite news|last=Market|first=Capital|date=2021-11-01|title=Jubilant Foodworks' subsidiary to hike stake in DP Eurasia|work=Business Standard India|url=https://www.business-standard.com/article/news-cm/jubilant-foodworks-subsidiary-to-hike-stake-in-dp-eurasia-121110101098_1.html|access-date=2021-11-13}}</ref> Jubilant merged Fides Food Systems Coeratief UA with Jubilant Foodworks Netherlands BV on 2 March 2022, and stated that it now owned 41.32% of DP Eurasia NV.<ref>{{Cite news |last=Market |first=Capital |date=2022-03-03 |title=Jubilant Foodworks update on merger of subsidiaries |work=Business Standard India |url=https://www.business-standard.com/article/news-cm/jubilant-foodworks-update-on-merger-of-subsidiaries-122030301271_1.html |access-date=2022-03-12}}</ref>
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==
==Domino's Pizza==
===India===
===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>
The first Domino's Pizza in India opened in [[New Delhi]] in January 1996.<ref name="moneycontrol1"/> India surpassed the United Kingdom to become Domino's second-largest market in December 2014, behind the United States.<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 |archive-date=30 December 2013 |archive-url=https://web.archive.org/web/20131230232303/http://www.nextiphonenews.com/2013/12/how-dominos-pizza-inc-dpz-is-poised-to-benefit-from-india/ |url-status=dead }}</ref><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 1,995 stores across 421 Indian cities as of September 2024.<ref>{{Cite web |title=Company Profile |url=https://www.jubilantfoodworks.com/about-us/company-profile |access-date=2024-09-14 |website=www.jubilantfoodworks.com}}</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>
Domino's began accepting online orders in 2011, and online orders accounted for approximately 18-20% of total sales by 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|Gurugram]], [[Haryana]].<ref>{{cite web|url=http://www.jubilantfoodworks.com/wp-content/uploads/2014/03/Press-Release_Dominos-crosses-700th-restaurant-mark-milestone1.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|archive-date=14 July 2019|archive-url=https://web.archive.org/web/20190714202454/http://www.jubilantfoodworks.com/wp-content/uploads/2014/03/Press-Release_Dominos-crosses-700th-restaurant-mark-milestone1.pdf|url-status=dead}}</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">{{cite web |title=Press Release -Financial Results for Q3 & 9MFY2020 |url=https://www.jubilantfoodworks.com/Uploads/Files/480akmfile-Q39MFY20PressReleaseFinal.pdf |access-date=11 April 2020 |website=Jubilantfoodworks.com}}</ref> Domino's opened its 1000th outlet at Unity One Mall, Janakpuri, Delhi in January 2016.<ref>{{Cite press release|last=Pizza|first=Domino's|title=Domino's® Opens 1,000th Store in India|url=https://www.prnewswire.com/news-releases/dominos-opens-1000th-store-in-india-300216406.html|access-date=2021-11-15|website=www.prnewswire.com|language=en}}</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 May 2016, the [[Centre for Science and Environment]] (CSE) reported that Domino's pizza bread was laced with toxins and carcinogens such as [[potassium bromate]] and [[potassium iodate]]. Potassium bromate is a category 2B carcinogen, meaning it can cause 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> Potassium bromate was banned in India in June 2016.<ref>{{Cite web |agency=PTI|date=Jun 21, 2016 |title=India bans use of cancer-causing additive, potassium bromate, in bread, other food {{!}} India News - Times of India |url=https://timesofindia.indiatimes.com/india/india-bans-use-of-cancer-causing-additive-potassium-bromate-in-bread-other-food/articleshow/52836892.cms |access-date=2022-03-12 |website=The Times of India |language=en}}</ref> In 2017, a customer in Delhi claimed to have found live bugs in Domino's Pizza seasoning sachets. 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> This prompted Domino's to stop giving seasoning sachets for some time. When they restarted, they changed the packing from transparent to opaque.


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>
<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>


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>
===Bangladesh===
<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.
Jubilant Golden Harvest Ltd., a wholly owned subsidiary of Jubilant FoodWorks, operates Domino's Pizza outlets in Bangladesh. Jubilant Golden Harvest Ltd. was established in early 2019 with Jubilant holding a 51% stake, and Bangladeshi company Golden Harvest Group holding the remaining 49%.<ref>{{Cite news |agency=Press Trust of India |date=2019-03-15 |title=Jubilant FoodWorks enters Bangladesh market through JV with local partner |work=Business Standard India |url=https://www.business-standard.com/article/pti-stories/jubilant-foodworks-enters-bangladesh-market-119031501042_1.html |access-date=2022-03-12}}</ref> The first Domino's Pizza outlet opened in [[Dhaka]] in February 2019.<ref>{{cite web |title=Domino's vows to be top pizza chain in Bangladesh |url=https://www.dhakatribune.com/bangladesh/dhaka/2019/03/15/domino-s-pizza-vows-to-be-top-pizza-chain-in-bangladesh |website=Dhaka Tribune |access-date=15 November 2021 |date=15 March 2019}}</ref><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> In September 2021, Jubilant FoodWorks exercised its first [[call option]] to acquire an additional 39% stake in the joint venture taking its ownership to 90%.<ref>{{Cite news |title=JFL to acquire Golden Harvest's remaining 10% stake in Jubilant Golden Harvest JV |work=The Economic Times |url=https://economictimes.indiatimes.com/industry/cons-products/food/jfl-to-acquire-golden-harvests-remaining-10-stake-in-jubilant-golden-harvest-jv/articleshow/90376157.cms?from=mdr |access-date=2022-05-14}}</ref> Jubilant FoodWorks exercised its second call option to acquire the remaining 10% stake and took complete control of the joint venture in May 2022. The cost of the two call options to acquire the 49% stake was BD{{BDTConvert|38.90|c}}. One share in Jubilant Golden Harvest remains with a company nominee in order to comply with Bangladeshi regulations.<ref>{{Cite news |last=Market |first=Capital |date=2022-05-11 |title=Jubilant FoodWorks completes acquisition of balance 49% stake in Jubilant Golden Harvest |work=Business Standard India |url=https://www.business-standard.com/article/news-cm/jubilant-foodworks-completes-acquisition-of-balance-49-stake-in-jubilant-golden-harvest-122051100767_1.html |access-date=2022-05-14}}</ref>


===Bangladesh===
There are currently 44 Domino's Pizza outlets in 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>
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===
===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>
Jubilant FoodWorks Lanka Pvt. Limited, a wholly owned subsidiary of Jubilant FoodWorks, operates Domino's Pizza outlets in Sri Lanka. The first Domino's outlet opened in [[Colombo]] in February 2011.<ref>{{cite web |title=First Domino's Pizza outlet opens in Colombo - Indian Express |url=http://archive.indianexpress.com/news/first-dominos-pizza-outlet-opens-in-colombo/841083/ |website=archive.indianexpress.com |access-date=15 November 2021}}</ref> There were 23 Domino's Pizza outlets in Sri Lanka as of 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==
==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>
On 24 February 2011, Jubilant FoodWorks signed a master franchise agreement with American coffeehouse chain [[Dunkin' Donuts]] to operate the brand in India.<ref name=":3" /> Jubilant FoodWorks opened India's first Dunkin' Donuts outlet in [[Connaught Place, New Delhi|Connaught Place]], New Delhi in April 2012.<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> Jubilant FoodWorks operates 21 Dunkin' Donuts outlets across 6 Indian cities as of 30 June 2023.<ref>{{Cite web |title=Dunkin' |url=https://www.jubilantfoodworks.com/brands/dunkin-donuts |access-date=2024-09-14 |website=www.jubilantfoodworks.com}}</ref>


==Hong's Kitchen==
== Popeyes ==
On 24 March 2021, Jubilant FoodWorks entered into a master franchise and development agreement with [[Restaurant Brands International]] to operate [[Popeyes]] restaurants in India, Bangladesh, Nepal and Bhutan.<ref name=":0" /><ref name=":1" /> The company opened India's first Popeyes outlet at [[Koramangala]], [[Bangalore]] on 20 January 2022.<ref name=":2">{{Cite web |title=Popeyes® Brand Arrives in India as Part of Continued International Growth |url=https://www.businesswireindia.com/popeyes-brand-arrives-in-india-as-part-of-continued-international-growth-76946.html |access-date=2022-03-12 |website=www.businesswireindia.com |language=en}}</ref><ref>{{Cite web |last=Livemint |date=2022-01-19 |title=Jubilant Foodworks opens first Popeyes outlet in Bengaluru |url=https://www.livemint.com/companies/news/jubilant-foodworks-opens-first-popeyes-outlet-in-bengaluru-11642569324287.html |access-date=2022-03-12 |website=mint |language=en}}</ref>
 
==Other brands==
===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"/>
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
===Ekdum!===
File:Www.thinkrefrigeration.com - panoramio.jpg|Domino's outlet in [[Puri]], Odisha
Jubilant FoodWorks launched its second homegrown brand called Ekdum!, offering a variety of biryanis from across India in addition to kebabs, curries, breads, desserts and beverages. The first three Ekdum! restaurants were opened in [[Gurgaon|Gurugram]], Haryana in December 2020.<ref>{{cite web |last1=Tandon |first1=Suneera |title=Jubilant FoodWorks forays into biryani business with 'Ekdum' |url=https://www.livemint.com/companies/news/jubilant-foodworks-forays-into-biryani-brand-ekdum-11608126898411.html |website=mint |access-date=15 November 2021 |language=en |date=16 December 2020}}</ref><ref>{{cite web |title=Jubilant FoodWorks makes foray into Biryani segment with brand 'Ekdum!' |url=https://indianexpress.com/article/business/companies/jubilant-foodworks-makes-foray-into-biryani-segment-with-brand-ekdum-7108429/ |website=The Indian Express |access-date=15 November 2021 |language=en |date=17 December 2020}}</ref>
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
===ChefBoss===
File:Delhi Dominos Delivery (289011309).jpg|A Domino's delivery man in Delhi.
In August 2020, Jubilant FoodWorks launched its ChefBoss, a brand of ready-to-cook sauces, gravies and pastes.<ref>{{cite web |date=6 August 2020 |title=Jubilant FoodWorks enters the FMCG market with ChefBoss |url=https://www.livemint.com/industry/retail/jubilant-foodworks-enters-the-fmcg-market-with-chefboss-11596716763422.html |access-date=6 August 2020 |website=Mint |language=en}}</ref>
</gallery>


== References ==
== References ==
Line 107: Line 115:
{{commons category|Domino's Pizza in India}}
{{commons category|Domino's Pizza in India}}
* {{official website|http://www.jubilantfoodworks.com/}}
* {{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}}
{{portalbar|Companies}}
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[[Category:Companies based in Noida]]
[[Category:Companies based in Noida]]
[[Category:Indian companies established in 1995]]
[[Category:Indian companies established in 1995]]
[[Category:Companies listed on the Bombay Stock Exchange]]
[[Category:Domino's]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Domino's Pizza]]
[[Category:Pizza chains of India]]
[[Category:Pizza chains of India]]
[[Category:Coffee houses of India]]
[[Category:Coffeehouses and cafés in India]]
[[Category:Bakeries of India]]
[[Category:Bakeries of India]]
[[Category:1995 establishments in Uttar Pradesh]]
[[Category:1995 establishments in Uttar Pradesh]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]

Latest revision as of 20:02, 30 December 2025


Jubilant FoodWorks Limited
Formerly
Domino's Pizza India Private Ltd
Traded asBSE: 533155
NSE: JUBLFOOD
ISININE797F01012
Industry
Founded16 March 1995; 31 years ago (1995-03-16)
Headquarters
Noida, Uttar Pradesh
,
India
Number of locations
2,096 outlets[1] (2024)
Areas served
India, Nepal, Sri Lanka, Bangladesh and Bhutan
Key people
Shyam Sunder Bhartia
(Chairman)[2]
Sameer Khetarpal
(MD & CEO)[3]
Brands
ServicesMaster franchisee
RevenueIncrease ₹8,217 crore (US$1.2 billion) (FY25)[4]
Decrease ₹308 crore (US$43 million) (FY25)[4]
Decrease ₹217 crore (US$30 million) (FY25)[4]
Total assetsIncrease ₹8,527 crore (US$1.2 billion)[1] (2025)
Total equityDecrease ₹2,182 crore (US$310 million)[1] (2025)
Number of employees
34,120 [1] (2024)
ParentJubilant Bhartia Group
Subsidiaries
  • Jubilant FoodWorks Lanka
  • Jubilant Golden Harvest
  • DP Eurasia NV (49.04%)[5]
Websitewww.jubilantfoodworks.com

Jubilant FoodWorks Limited is an Indian food service company based in Noida, 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.[6] The company also operates two homegrown restaurant brands called Ekdum! and Hong's Kitchen. Jubilant FoodWorks is a part of the Jubilant Bhartia Group, owned by Shyam Sunder Bhartia (husband of Shobhana Bhartia) and Hari Bhartia.[7]

History[edit | edit source]

On the recommendation of a friend who owned other foreign pizza licences, Shyam Sunder Bhartia and Hari Bhartia of the Jubilant Bhartia Group entered into a master franchise partnership with Domino's Pizza.[8] Domino's Pizza India Private Ltd. was incorporated on 16 March 1995, and began operations in 1996.[9] The company opened India's first Domino's Pizza outlet in New Delhi in 1996.[10] The company changed its name to Jubilant FoodWorks Ltd in 2009.[9] It was headed by Ajay Kaul since 2005. Pratik Rashmikant Pota became the CEO from April 2017.[11] Pota announced his resignation in March 2022 and stepped down in June.[12]

On 24 February 2011, Jubilant FoodWorks signed a master franchise agreement with American coffeehouse chain Dunkin' Donuts to operate the brand in India.[13] Jubilant FoodWorks opened India's first Dunkin' Donuts outlet in Connaught Place, New Delhi in April 2012.[14][15]

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.[16][17] On 24 March 2021, Jubilant FoodWorks entered into a master franchise and development agreement with Restaurant Brands International to operate Popeyes restaurants in India, Bangladesh, Nepal and Bhutan.[18][19] The company opened India's first Popeyes outlet at Koramangala, Bangalore on 20 January 2022.[20]

Jubilant FoodWorks suffered a security breach in April 2021 and hackers reportedly obtained 13 terabytes of data including 180 million order details, customer names, phone numbers, email IDs, addresses, payment details, and at least 1 million credit cards.[21]

Acquisitions[edit | edit source]

On 1 January 2021, Jubilant FoodWorks purchased a 10.76% stake in Barbeque Nation for ₹92 crore (US$13 million).[22] The company acquired a 35% stake in Mumbai-based food tech startup Thrive for ₹24.75 crore (US$3.5 million) in October 2021.[23]

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. Fides held a 32.81% stake in DP Eurasia NV, which is the master franchisee for Dominos Pizza in Turkey, Russia, Azerbaijan and Georgia.[24][25][26] In November 2021, Jubilant Foodworks acquired an additional 6.98% stake in DP Eurasia, taking its total stake in the company to 39.79%.[27] Jubilant merged Fides Food Systems Coeratief UA with Jubilant Foodworks Netherlands BV on 2 March 2022, and stated that it now owned 41.32% of DP Eurasia NV.[28]

Domino's Pizza[edit | edit source]

India[edit | edit source]

The first Domino's Pizza in India opened in New Delhi in January 1996.[10] India surpassed the United Kingdom to become Domino's second-largest market in December 2014, behind the United States.[29][30][31] Domino's Pizza operates 1,995 stores across 421 Indian cities as of September 2024.[32]

Domino's began accepting online orders in 2011, and online orders accounted for approximately 18-20% of total sales by December 2013.[29][30][33] On 19 March 2014, the 700th Domino's Pizza outlet was opened at HUDA City Centre metro station in Sector-29, Gurugram, Haryana.[34] The company opened 47 new restaurants between January–March 2014 and 150 outlets in the 2013–2014 financial year.[35] Domino's opened its 1000th outlet at Unity One Mall, Janakpuri, Delhi in January 2016.[36]

In May 2016, the Centre for Science and Environment (CSE) reported that Domino's pizza bread was laced with toxins and carcinogens such as potassium bromate and potassium iodate. Potassium bromate is a category 2B carcinogen, meaning it can cause cancer.[37] Potassium bromate was banned in India in June 2016.[38] In 2017, a customer in Delhi claimed to have found live bugs in Domino's Pizza seasoning sachets. A video of the same went viral.[39] This prompted Domino's to stop giving seasoning sachets for some time. When they restarted, they changed the packing from transparent to opaque.

  • A Domino's Pizza outlet in Panaji, Goa
    A Domino's Pizza outlet in Panaji, Goa
  • Domino's outlet in Puri, Odisha
    Domino's outlet in Puri, Odisha
  • Domino's, next to a KFC, in New Market, Kolkata
    Domino's, next to a KFC, in New Market, Kolkata
  • Domino's delivery motorcycles in Noida, Uttar Pradesh
    Domino's delivery motorcycles in Noida, Uttar Pradesh
  • A Domino's delivery man in Delhi.
    A Domino's delivery man in Delhi.

Bangladesh[edit | edit source]

Jubilant Golden Harvest Ltd., a wholly owned subsidiary of Jubilant FoodWorks, operates Domino's Pizza outlets in Bangladesh. Jubilant Golden Harvest Ltd. was established in early 2019 with Jubilant holding a 51% stake, and Bangladeshi company Golden Harvest Group holding the remaining 49%.[40] The first Domino's Pizza outlet opened in Dhaka in February 2019.[41][42] In September 2021, Jubilant FoodWorks exercised its first call option to acquire an additional 39% stake in the joint venture taking its ownership to 90%.[43] Jubilant FoodWorks exercised its second call option to acquire the remaining 10% stake and took complete control of the joint venture in May 2022. The cost of the two call options to acquire the 49% stake was BDTemplate:BDTConvert. One share in Jubilant Golden Harvest remains with a company nominee in order to comply with Bangladeshi regulations.[44]

There are currently 44 Domino's Pizza outlets in Bangladesh.[45]

Sri Lanka[edit | edit source]

Jubilant FoodWorks Lanka Pvt. Limited, a wholly owned subsidiary of Jubilant FoodWorks, operates Domino's Pizza outlets in Sri Lanka. The first Domino's outlet opened in Colombo in February 2011.[46] There were 23 Domino's Pizza outlets in Sri Lanka as of December 2017.[47]

Dunkin' Donuts[edit | edit source]

On 24 February 2011, Jubilant FoodWorks signed a master franchise agreement with American coffeehouse chain Dunkin' Donuts to operate the brand in India.[13] Jubilant FoodWorks opened India's first Dunkin' Donuts outlet in Connaught Place, New Delhi in April 2012.[35] Apart from donuts, Munchkins, and coffee, the chain also serves vegetarian and non-vegetarian hot and cold food.[48] Jubilant FoodWorks operates 21 Dunkin' Donuts outlets across 6 Indian cities as of 30 June 2023.[49]

Popeyes[edit | edit source]

On 24 March 2021, Jubilant FoodWorks entered into a master franchise and development agreement with Restaurant Brands International to operate Popeyes restaurants in India, Bangladesh, Nepal and Bhutan.[18][19] The company opened India's first Popeyes outlet at Koramangala, Bangalore on 20 January 2022.[20][50]

Other brands[edit | edit source]

Hong's Kitchen[edit | edit source]

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.[16][17]

Ekdum![edit | edit source]

Jubilant FoodWorks launched its second homegrown brand called Ekdum!, offering a variety of biryanis from across India in addition to kebabs, curries, breads, desserts and beverages. The first three Ekdum! restaurants were opened in Gurugram, Haryana in December 2020.[51][52]

ChefBoss[edit | edit source]

In August 2020, Jubilant FoodWorks launched its ChefBoss, a brand of ready-to-cook sauces, gravies and pastes.[53]

References[edit | edit source]

  1. ↑ 1.0 1.1 1.2 1.3 "Jubilant FoodWorks Ltd. Financial Statements" (PDF). jubilantfoodworks.com.
  2. ↑ "Corporate Governance - Board of Directors". Jubilantfoodworks.com. 30 September 2013. Retrieved 28 December 2013.
  3. ↑ "Sameer Khetarpal joins Jubilant FoodWorks as CEO, managing director". Business Standard. Retrieved 9 July 2023.
  4. ↑ 4.0 4.1 4.2 "Jubilant FoodWorks: Consumption pressure visible, in-line EBITDA" (PDF). HDFC Securities. Retrieved 19 February 2024.
  5. ↑ "Jubilant Foodworks' WOS acquires additional 4.36% stake in DP Eurasia; stock gains ~1.5%". India Infoline. Retrieved 9 July 2023.
  6. ↑ [1] [dead link]
  7. ↑ "Jubilant Life Sciences". Jubl.com. 31 March 2013. Retrieved 28 December 2013.
  8. ↑ Shmavonian, Karl. "Pharma and Fast Food Fuel the Jubilant Bhartia Group". Forbes. Retrieved 17 October 2021.
  9. ↑ 9.0 9.1 "Company - Jubilant FoodWorks Limited - JFL | The Company | Food Service Company | Jubilant FoodWorks Limited". Jubilant FoodWorks Ltd. 31 October 2013. Retrieved 15 January 2014.
  10. ↑ 10.0 10.1 "Company History of Jubilant Foodworks". Moneycontrol.com. Retrieved 28 December 2013.
  11. ↑ Bhushan, Ratna (2017). "Jubilant FoodWorks names Pratik Pota as CEO; to succeed Ajay Kaul". The Economic Times. Retrieved 28 August 2017.
  12. ↑ "Pratik Pota resigns as CEO of Jubilant FoodWorks". Moneycontrol. 11 March 2022. Retrieved 12 March 2022.
  13. ↑ 13.0 13.1 Rasul Bailay (24 February 2011). "Jubilant FoodWorks ties up with Dunkin". Livemint.com. Retrieved 28 December 2013.
  14. ↑ Kretzmann, David (21 December 2013). "How Domino's Is Poised to Benefit From India". Fool.com. Retrieved 15 January 2014.
  15. ↑ "How Domino's Pizza, Inc. (DPZ) Is Poised to Benefit From India". Next iPhone News. 21 December 2013. Archived from the original on 7 January 2014. Retrieved 15 January 2014.
  16. ↑ 16.0 16.1 Tandon, Suneera (13 March 2019). "Jubilant FoodWorks adds Hong's Kitchen in India menu". Livemint. Retrieved 11 April 2020.
  17. ↑ 17.0 17.1 "Jubilant FoodWorks launches first homegrown eatery brand Hong's Kitchen". Business Standard India. Press Trust of India. 13 March 2019. Retrieved 11 April 2020.
  18. ↑ 18.0 18.1 Staff Writer (24 March 2021). "Jubilant FoodWorks sings deal with US-based restaurant brand Popeyes". mint. Retrieved 25 March 2021.
  19. ↑ 19.0 19.1 "Jubilant FoodWorks to bring US-based fast food chain Popeyes to India". Business Standard India. Press Trust of India. 24 March 2021. Retrieved 25 March 2021.
  20. ↑ 20.0 20.1 "Popeyes® Brand Arrives in India as Part of Continued International Growth". www.businesswireindia.com. Retrieved 12 March 2022.
  21. ↑ "Domino's Pizza hack in India: What details were stolen and what happens next". WION. Retrieved 24 September 2021.
  22. ↑ "Jubilant continues to broaden its food service scope; buys 10.76% stake in Barbeque Nation | Business News". www.timesnownews.com.
  23. ↑ Bhushan, Ratna. "JFL to acquire stake in Thrive platform Hashtag Loyalty". The Economic Times. Retrieved 14 May 2022.
  24. ↑ Bhushan, Ratna (19 February 2021). "Jubilant Foodworks to acquire Fides Food Systems through Netherlands-based arm". The Economic Times. Retrieved 25 March 2021.
  25. ↑ Bureau, Our (19 February 2021). "Jubilant to acquire Dutch firm Fides Food for $35 million". @businessline. Retrieved 25 March 2021. {{cite web}}: |last1= has generic name (help)
  26. ↑ Tandon, Suneera (19 February 2021). "Jubilant Foodworks to acquire Fides Food". mint. Retrieved 25 March 2021.
  27. ↑ Market, Capital (1 November 2021). "Jubilant Foodworks' subsidiary to hike stake in DP Eurasia". Business Standard India. Retrieved 13 November 2021.
  28. ↑ Market, Capital (3 March 2022). "Jubilant Foodworks update on merger of subsidiaries". Business Standard India. Retrieved 12 March 2022.
  29. ↑ 29.0 29.1 Kretzmann, David (21 December 2013). "How Domino's Is Poised to Benefit From India". Fool.com. Retrieved 28 December 2013.
  30. ↑ 30.0 30.1 "How Domino's Pizza, Inc. (DPZ) Is Poised to Benefit From India". Next iPhone News. 21 December 2013. Archived from the original on 30 December 2013. Retrieved 28 December 2013.
  31. ↑ Tandon, Suneera (3 February 2015). "Pizza Hut to open 100 outlets in India to counter competition". Livemint.com/. Retrieved 8 January 2019.
  32. ↑ "Company Profile". www.jubilantfoodworks.com. Retrieved 14 September 2024.
  33. ↑ Kretzmann, David. "Why Domino's Digital Component Is Important". DailyFinance.com. Retrieved 28 December 2013.
  34. ↑ "Domino's Pizza celebrates another milestone with the opening of its 700th Restaurant in India!" (PDF). Jubilantfoodworks.com. Archived from the original (PDF) on 14 July 2019. Retrieved 8 January 2019.
  35. ↑ 35.0 35.1 "Press Release -Financial Results for Q3 & 9MFY2020" (PDF). Jubilantfoodworks.com. Retrieved 11 April 2020.
  36. ↑ Pizza, Domino's. "Domino's® Opens 1,000th Store in India". www.prnewswire.com (Press release). Retrieved 15 November 2021.
  37. ↑ Patel, Deepak (24 May 2016). "KFC, Pizza Hut, Domino's, McDonald's outlets selling toxic breads: CSE study". Business Standard. Retrieved 8 January 2019.
  38. ↑ "India bans use of cancer-causing additive, potassium bromate, in bread, other food | India News - Times of India". The Times of India. PTI. 21 June 2016. Retrieved 12 March 2022.
  39. ↑ "WATCH: Delhi man finds live bugs in Domino's Pizza seasoning sachet; video goes viral". Indianexpress.com. 12 September 2017. Retrieved 8 January 2019.
  40. ↑ "Jubilant FoodWorks enters Bangladesh market through JV with local partner". Business Standard India. Press Trust of India. 15 March 2019. Retrieved 12 March 2022.
  41. ↑ "Domino's vows to be top pizza chain in Bangladesh". Dhaka Tribune. 15 March 2019. Retrieved 15 November 2021.
  42. ↑ "Jubilant FoodWorks gains with Domino's Pizza witnessing record number of orders in Dhaka". Udaipur News. 25 March 2019. Retrieved 19 April 2019.
  43. ↑ "JFL to acquire Golden Harvest's remaining 10% stake in Jubilant Golden Harvest JV". The Economic Times. Retrieved 14 May 2022.
  44. ↑ Market, Capital (11 May 2022). "Jubilant FoodWorks completes acquisition of balance 49% stake in Jubilant Golden Harvest". Business Standard India. Retrieved 14 May 2022.
  45. ↑ "We are very delighted to announce that our dining is open again!". Domino's Pizza Bangladesh on Facebook. Retrieved 21 August 2020.
  46. ↑ "First Domino's Pizza outlet opens in Colombo - Indian Express". archive.indianexpress.com. Retrieved 15 November 2021.
  47. ↑ "Domino's opens outlet in Boralesgamuwa". Daily Mirror. Retrieved 9 November 2017.
  48. ↑ "Delights for tough guys & vegetarians". The Economic Times. 15 May 2014. Retrieved 8 January 2019.
  49. ↑ "Dunkin'". www.jubilantfoodworks.com. Retrieved 14 September 2024.
  50. ↑ Livemint (19 January 2022). "Jubilant Foodworks opens first Popeyes outlet in Bengaluru". mint. Retrieved 12 March 2022.
  51. ↑ Tandon, Suneera (16 December 2020). "Jubilant FoodWorks forays into biryani business with 'Ekdum'". mint. Retrieved 15 November 2021.
  52. ↑ "Jubilant FoodWorks makes foray into Biryani segment with brand 'Ekdum!'". The Indian Express. 17 December 2020. Retrieved 15 November 2021.
  53. ↑ "Jubilant FoodWorks enters the FMCG market with ChefBoss". Mint. 6 August 2020. Retrieved 6 August 2020.

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