Jubilant FoodWorks

Jubilant FoodWorks Limited
Formerly
 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
 1,199 outlets (2017)
Area served
 Worldwide
Key people
  • Shyam S. Bhartia (Chairman)[1]
  • Pratik Pota (CEO)
Brands
Services Master franchisee for Dunkin' Donuts branches in India and Domino's Pizza branches in India, Nepal, Sri Lanka and Bangladesh
Revenue Increase ₹259,813.14 lakh (US$360 million) (2017)
Decrease ₹10,044.15 lakh (US$14 million) (2017)
Decrease ₹5,777.4 lakh (US$8.0 million) (2017)
Total assets Increase ₹129,062.9 lakh (US$180 million) (2017)
Total equity Increase ₹80,530.22 lakh (US$110 million) (2017)
Number of employees
 23,777[2] (2017)
Parent Jubilant Bhartia Group
Subsidiaries Jubilant FoodWorks Lanka Pvt. Limited
Website www.jubilantfoodworks.com

Jubilant FoodWorks Limited /ˌdʒuːbɪlənt 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 Indian 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 Domino's 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, 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.[12]

Domino's pizza seasoning sachet in Delhi.[13] [14]

Domino's Pizza (India)

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.[15][16] In December 2014, India became Domino's 2nd largest market.[17] Domino's Pizza operates 1,126 stores in 264 Indian cities as on 26 October 2017.[11]

It was headed by Ajay Kaul since 2005. Pratik Pota became the CEO from April 2017.[18]

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.[15][16][19]

Other franchises

Dunkin' Donuts (India)

The company opened the first Dunkin' Donuts outlet in Delhi in April 2012. Jubilant FoodWorks operates 50 Dunkin' Donuts outlets as of 26 October 2017.[11] Apart from donuts, Munchkins, and coffee, the chain also serves vegetarian and non-vegetarian hot and cold food.[20]

Domino's Pizza (other)

Jubilant FoodWorks Lanka Pvt. Limited, a subsidiary of Jubilant FoodWorks, operates 23 Domino's Pizza outlets in Sri Lanka as on 21 December 2017,[21] 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://www.jubilantfoodworks.com/wp-content/uploads/2017/08/JFL-Hi-Res-pdf-for-Web.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. ↑ http://www.business-standard.com/article/current-affairs/kfc-pizza-hut-domino-s-mcdonald-s-outlets-selling-toxic-breads-cse-study-116052301620_1.html
  13. ↑ http://indianexpress.com/article/trending/trending-in-india/dominos-pizzas-live-bugs-in-seasoning-packet-man-posts-video/
  14. ↑ https://www.facebook.com/im.arorahul/videos/10207849981407306/
  15. 1 2 Kretzmann, David (21 December 2013). "How Domino's Is Poised to Benefit From India". Fool.com. Retrieved 28 December 2013.
  16. 1 2 "How Domino’s Pizza, Inc. (DPZ) Is Poised to Benefit From India". Next iPhone News. 21 December 2013. Retrieved 28 December 2013.
  17. ↑
  18. ↑ Bhushan, Ratna (2017). "Jubilant FoodWorks names Pratik Pota as CEO; to succeed Ajay Kaul". The Economic Times. Retrieved 2017-08-28.
  19. ↑ Kretzmann, David. "Why Domino's Digital Component Is Important". DailyFinance. Retrieved 28 December 2013.
  20. ↑ http://economictimes.indiatimes.com/panache/delights-for-tough-guys-vegetarians/articleshow/35144116.cms
  21. ↑ "Domino's opens outlet in Boralesgamuwa". Daily Mirror. Retrieved 9 November 2017.
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