Jubilant FoodWorks Limited - Timeline and Key News
Indian food processing market size reached US$ 382.24 billion in FY25 and is expected to reach US$ 689.02 billion by FY34.
Jubilant FoodWorks Limited is India’s largest foodservice company and is part of the Jubilant Bhartia Group. Incorporated in 1995, the company holds the exclusive master franchise rights from Domino’s Pizza Inc. to develop and operate the Domino’s Pizza brand in India, Sri Lanka, Bangladesh, and Nepal. In India, it has a strong and extensive network of 1,928 Domino’s stores across 407 cities. The company also has exclusive rights to develop and operate Popeyes restaurants in India, Bangladesh, Nepal and Bhutan and Dunkin’ restaurants in India. It currently operates 32 Popeyes restaurants in 10 cities and 25 Dunkin’ restaurants across eight cities. ‘Hong’s Kitchen’ is the first owned-restaurant brand of the company operating in the Chinese cuisine segment which now has 22 restaurants across four cities.
Jubilant Foodworks’ total income stood around Rs. 68,911.84 million (US$ 779.81 million) in FY26.
Jubliant-Foodworks
| Year | Milestone |
|---|---|
| 2026 |
Jubilant FoodWorks announced Q4 & FY26 results. Consolidated revenue grew 19.3% YoY to approximately Rs. 2,499 crore (US$ 282.79 million), while net profit surged 66% YoY. During FY26, the company added 69 new stores, taking its total network to over 3,600 outlets across Domino's, Popeyes and other brands Jubilant FoodWorks Limited entered into an agreement to sell its entire 31.66% stake in Hashtag Loyalty, with completion expected by February 2026, as part of portfolio rationalisation and strategic focus on core food services business. |
| 2025 |
Expansion of Domino's delivery-first strategy. Jubilant accelerated its 20-minute delivery initiative across major cities and expanded its digital ordering ecosystem to strengthen customer experience and compete with food aggregators. Delivery sales grew over 20% YoY. On August 06, 2025, Jubilant FoodWorks announced plans to expand its Domino’s Pizza and Popeyes presence across India, targeting a 200 bps margin improvement over the medium term through operational efficiencies and network scale-up. |
| 2024 |
On December 15, 2024, Jubilant Food Works announced the voluntary liquidation of its associate company, Hashtag Loyalty Pvt. Ltd., in which it holds a 31.66% stake. On November 7, 2024, Jubilant Food Works approved an investment of up to Rs. 40 crore (US$ 4.6 million) in its Netherlands-based subsidiary, JFN, to fund interest payments and corporate expenses. In June 2024, Domino’s, India’s largest quick-service restaurant (QSR) chain, announced the opening of its 2000th store in the country. Hong’s Kitchen, the Indo- Chinese quick service restaurant announced opening of its 25th store in the heart of Chandni Chowk, Delhi. Domino’s, India's largest food service brand, joined Open Network for Digital Commerce (ONDC) Network. |
| 2023 |
Jubilant FoodWorks announced the successful implementation of India’s first "No Antibiotics Ever" (NAE) policy 2023 in Poultry Birds' Health Management. Domino's India launched of New Ragi Super Crust Pizza in Gujarat in line with the International Year of Millets 2023. The culinary innovation from Domino’s Pizza India was aimed at promoting millet consumption, support health and sustainability while furthering Gujarat's significant role in India's agricultural landscape. |
| 2022 |
The company opened India's first Popeyes outlet at Koramangala, Bangalore. Domino’s Pizza achieves a milestone of 1500 restaurants in India. |
| 2021 |
Company announced the acquisition of 32.81% equity stake in DP Eurasia N.V., which owns exclusive master franchisee for Domino’s Pizza in Turkey, Russia, Azerbaijan, and Georgia. |
| 2019 |
Jubilant FoodWorks Ltd. launched Hong’s Kitchen with first restaurant opening in Gurugram. Opened first Domino’s restaurant in Bangladesh. |
| 2018 |
Company’s Mega commissary/ supply chain centre began operations at Greater Noida. |
| 2016 |
Continuing its strong growth path the company opened 1000th Domino’s Pizza Restaurant in India. |
| 2014 |
Total number of Domino's pizza restaurants crossed 700 mark making Domino’s India biggest business outside USA beating UK. |
| 2013 |
Company launched "Dunkin' Donuts & More" restaurants chain in India. |
| 2012 |
Jubilant FoodWorks Ltd. opened 500th Domino’s Pizza Restaurant in India. Company became first brand in food service to launch an online ordering platform in India |
| 2011 |
Company entered into a multiple unit development and franchise agreement with Dunkin' Donuts for India. |
| 2010 |
Company’s IPO was launched, and it was listed on Bombay Stock Exchange (BSE) and National Stock Exchange of India Ltd. (NSE). |
| 2009 |
Company name was changed to Jubilant FoodWorks Ltd. Total number of Domino's pizza restaurants crossed 200. |
| 2008 |
Company achieved monthly sales of one million pizzas. |
| 2006 |
The total number of Domino's pizza restaurants crossed 100. |
| 2004 |
The company launched ‘30 minutes or free’ campaign for Domino's pizza. |
| 2000 |
Company entered into an agreement with IPEF and Indocean, following which IPEF and Indocean invested in the company. |
| 1998 |
The franchise rights for Domino's were extended to whole of India and Nepal. |
| 1996 |
First Domino’s Pizza Store was opened in New Delhi. The company was converted into a public limited company– Domino’s Pizza India Limited. |
| 1995 |
Company entered into a master franchise agreement with Domino's International for India (north and west regions) and Domino's Pizza India Pvt. Ltd. was incorporated. |
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