Jubilant FoodWorks tanks 8% as Q4 beat overshadowed by margin warning; Elara halves target to Rs 500
Domino's parent fell to Rs 434.65 despite a 5-8% Q4 EBITDA beat, after management flagged near-term inflation in labour, utility and logistics costs. FY26 like-for-like growth guided flat vs 6.5% prior, prompting Emkay to cut EBITDA 6-7%. Elara slashed target to Rs 500 from Rs 780 and downgraded to Accumulate; ICICI held Buy at Rs 570.
Jubilant FoodWorks shares fell 8% after Q4 results flagged near-term inflation in labour, utility and logistics, triggering EBITDA downgrades. Elara cut target to Rs 500 and downgraded to Accumulate; ICICI maintained Buy at Rs 570.