Throughline

Guidance ledger · Q4 FY26

Jubilant FoodWorks Ltd JUBLFOOD

4 revisions on record · 0 lowered · 0 raised — the strikethrough is what management used to say

mixed guidance posture · shifted across quarters

Holding view → · latest concall · The pulse

→ narrowed Domino's India LFL growth target Q3 FY26 → Q4 FY26
5% to 7% (Q3FY26 maintained) → 5% to 7% with Q1FY27 directional colour added (already better than Q4FY26)
“SSSG, we've given a commentary already, right, on Q1 and the longer term or the annual number, 5% to 7% remains. The quarter 1, we've already done better than Q4.”
→ narrowed Store additions FY27 Q3 FY26 → Q4 FY26
1,000 stores in 3 years (~333/year) (Q3FY26) → 230-250 restaurants in FY27 — narrowed to annual-year guidance
“we would open similar to about 230 to 250 kind of restaurants this year.”
→ narrowed EBITDA margin 200 bps improvement Q3 FY26 → Q4 FY26
200 bps above FY24 (confident Q3FY26 tone) → 200 bps maintained long-term; near-term pressure duration refused
“the long -term margin guidance on 200 bps holds and we'll try as quickly to get to that elevated number. But short-term pressure exist.”
→ narrowed Major price increases Q3 FY26 → Q4 FY26
calibrated increases taken (120 bps, Q3FY26) → no further major price increases
“We will not do major price increases that is out of the table.”

Method. Revisions come from management's own stated numbers, compared quarter over quarter across the covered concalls; each carries the verbatim quote. “No revisions” can also mean guidance too vague to pin down — see the posture chip above. Not investment advice.