Jubilant FoodWorks targets 100 Popeyes stores in India by end of FY26 or Q1 FY27

CEO Sameer Khetarpal says the fried-chicken chain will scale to 100 outlets, expanding alongside the company's flagship Domino's Pizza business.

— FiledFri, 8 Aug, 2025, 20:45 IST·First seen Thu, 14 May, 2026, 21:43 IST·Source CNBC-TV18 · Retail

What happened

Jubilant FoodWorks plans to scale its Popeyes fried-chicken chain to 100 stores in India by end of FY26 or Q1 FY27, expanding alongside its flagship Domino's

Key facts

  • 100 stores

Why this matters

The 100-store target by FY26/Q1 FY27 strengthens Jubilant's QSR portfolio diversification and could open partnership or real-estate consolidation opportunities in India's fried-chicken segment.

What to watch

  • Quarterly Popeyes store-count and SSSG figures in Jubilant earnings
  • Popeyes segment margin/contribution turning positive or break-even commentary
  • Competitive response from KFC/Devyani and McDonald's chicken expansion
  • Real-estate and rental cost trends in metro high-street/mall locations
  • Any CEO revision of the 100-store guidance
  • Cluster densification in NCR, Bengaluru, Hyderabad to share commissary/delivery logistics with Domino's
  • Menu localization (spicier offerings, value combos) to lift dine-in and delivery mix
  • Aggregator partnerships (Swiggy/Zomato) and app-led loyalty to drive throughput
  • Capex disclosure in upcoming earnings calls to validate store-opening cadence