Jubilant FoodWorks

Jubilant FoodWorks Limited
Formerly called
 Domino's Pizza India Private Ltd
Public company
Traded as BSE: 533155
NSE: JUBLFOOD
ISIN INE797F01012
Industry Restaurants
Founded 16 March 1995 (1995-03-16)
Headquarters Noida, Uttar Pradesh, India
Number of locations
 1015 outlets (December 2015)
Area served
 India, Nepal, Sri Lanka, and Bangladesh
Key people
  • Shyam S. Bhartia (Chairman)
  • Ajay Kaul (CEO)[1]
Brands
Services Master franchisee for Dunkin' Donuts branches in India and Domino's Pizza branches in India, Nepal, Sri Lanka and Bangladesh
Revenue Increase ₹20.819 billion (US$310 million) (2015)
₹20.745 billion (US$310 million) (2015)
Profit Increase ₹1.233 billion (US$18 million) (2015)
Number of employees
 27,122 (2015[2])
Parent Jubilant Bhartia Group
Subsidiaries Jubilant FoodWorks Lanka (Private) Limited
Website www.jubilantfoodworks.com

Jubilant FoodWorks Limited /ˌdʒuːbᵻlənt ˈfuːdwɜːrks/ is an Indian company based in Noida, Uttar Pradesh which holds the master franchise for Domino's Pizza in India, Nepal, Sri Lanka and Bangladesh, and also for Dunkin' Donuts in India.[3] The company is a part of the Jubilant Bhartia Group.[4]

History

The company was incorporated on 26 March 1995 as Domino's Pizza India Private Ltd and began operations in 1996. It changed its name to Jubilant FoodWorks Ltd in 2009.[5] The company opened India's first Domino's Pizza outlet in New Delhi in 1996.[6]

On 24 February 2011, Jubilant FoodWorks signed a master franchise agreement with American coffeehouse chain Dunkin' Donuts to operate the brand in India.[7] Jubilant FoodWorks opened India's first Dunkin' Donuts outlet in Connaught Place, New Delhi in April 2012. Jubilant FoodWorks was named "Emerging Food Group of the Year" by The Economic Times in 2012.[8][9]

On 19 March 2014, the 700th Dominos Pizza outlet was opened at HUDA City Centre metro station in Sector-29, Gurgaon, Haryana.[10] The company opened 47 new restaurants between January–March 2014 and 150 outlets in the 2013–2014 financial year.[11] In January 2016, Dominos opened its 1000th outlet.

Dominos Pizza (India)

A Domino's Pizza outlet in Panaji, Goa.

The first Domino's Pizza in India opened in New Delhi in 1996.[6] India was Domino's third-largest market in 2013, behind the United States and United Kingdom.[12][13] Domino's Pizza operates 1004 stores in 230 Indian cities as of 11 February 2016.[11]

Online presence

Domino's began accepting online orders in 2011, and online orders accounted for approximately 18-20% of total sales as of December 2013.[12][13][14]

Other franchises

Dunkin' Donuts (India)

The company opened the first Dunkin' Donuts outlet in Delhi in April 2012. Jubilant FoodWorks operates 70 Dunkin' Donuts outlets as of 11 February 2016.[11] Apart from donuts, Munchkins, and coffee, the chain also serves vegetarian and non-vegetarian hot and cold food.[15]

Dominos Pizza (Other)

It operates 20 Domino's Pizza outlets in Sri Lanka,[16] while there are currently no outlets in Bangladesh and Nepal.

References

  1. ↑ "Corporate Governance - Board of Directors". Jubilantfoodworks.com. 30 September 2013. Retrieved 28 December 2013.
  2. ↑ http://annualreport.jubilantfoodworks.com/download/JFL%20AR%202014-15_310715.pdf
  3. ↑ http://www.livemint.com/2011 February 24210743/Jubilant-FoodWorks-ties-up-wit.html
  4. ↑ "Jubilant Life Sciences". Jubl.com. 31 March 2013. Retrieved 28 December 2013.
  5. ↑ "Company - Jubilant FoodWorks Limited - JFL | The Company | Food Service Company | Jubilant FoodWorks Limited". Jubilant FoodWorks Ltd. 31 October 2013. Retrieved 15 January 2014.
  6. 1 2 "Company History of Jubilant Foodworks". Moneycontrol.com. Retrieved 28 December 2013.
  7. ↑ Rasul Bailay (24 February 2011). "Jubilant FoodWorks ties up with Dunkin". Livemint. Retrieved 28 December 2013.
  8. ↑ Kretzmann, David (21 December 2013). "How Domino's Is Poised to Benefit From India". Fool.com. Retrieved 15 January 2014.
  9. ↑ "How Domino’s Pizza, Inc. (DPZ) Is Poised to Benefit From India". Next iPhone News. 21 December 2013. Retrieved 15 January 2014.
  10. ↑ http://www.jubilantfoodworks.com/wp-content/uploads/2014/03/Press-Release_Dominos-crosses-700th-restaurant-mark-milestone1.pdf
  11. 1 2 3 http://www.jubilantfoodworks.com/
  12. 1 2 Kretzmann, David (21 December 2013). "How Domino's Is Poised to Benefit From India". Fool.com. Retrieved 28 December 2013.
  13. 1 2 "How Domino’s Pizza, Inc. (DPZ) Is Poised to Benefit From India". Next iPhone News. 21 December 2013. Retrieved 28 December 2013.
  14. ↑ Kretzmann, David. "Why Domino's Digital Component Is Important". DailyFinance. Retrieved 28 December 2013.
  15. ↑ http://economictimes.indiatimes.com/panache/delights-for-tough-guys-vegetarians/articleshow/35144116.cms
  16. ↑ "Find a Domino's - International". Info.dominos.com. Retrieved 28 December 2013.

External links

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