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Annual Report Takeaways

Jubilant FoodWorks Annual Report Takeaways!

Source: Annual Report 2019-2020

JFL Introduction:

Jubilant FoodWorks Limited (JFL/Company) is part of the Jubilant Bhartia Group and is one of India’s largest food service Company. JFL and its subsidiaries hold the exclusive rights to develop and operate the Domino’s Pizza brand in India, Sri Lanka and Bangladesh. Domino’s Pizza India has a network of 1,335 restaurants across 282 cities.

JFL also has exclusive rights for developing and operating Dunkin’ Donuts restaurants in India, with 34 restaurants under the brand across 10 cities. JFL entered the Chinese cuisine segment with our first homegrown brand – Hong’s Kitchen with four restaurants in two cities.

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Intelligent Investor

The Intelligent Investor: Chapter 1

Investing Vs Speculation

In chapter 1 Graham talks about two major players in the market. The one is investor category and the other one is the speculator.

Here is what an investment and speculation looks like.An investment operation is one which, upon thorough analysis promises safety of principal and an adequate returns. Operations not meeting these requirements are speculations.

Categories
Investing 101

My Investment Philosophy & The Circle of Competence

Dear investors today I decided to talk about My Investment Philosophy. This is where and how I like to invest. My time horizon is 20 to 50 years from now. So I usually don’t worry about the short term or medium-term volatility. Because investing is not a T20I or ODI it’s a TEST MATCH and it is played 365 days a year. So I like to stay in the crease as long as possible because if you stay long enough in the crease you know how the track is and how the ball is swinging. You may score 0 runs in your first 50 balls, score a 50 in the next 25 balls, you get to hit boundaries once in a while and all this will happen only if you stay in the crease.