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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.

Categories
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.

Categories
Fundamental Analysis

Key Financial ratios every new investors should know before analysing a business.

So from the last post I hope you have picked your company and the next step is to analyse whether they are fundamentally strong and financially stable. When you analyse a business there are lot of parameters to look for, sometimes it is overwhelming to look at the data that you have collected from their annual reports, rating agencies and other financial sites. So first let’s make that process simple and easy.

Let me explain some of the key financial ratios that compulsorily needs to be looked when analysing a business.

Categories
Selecting businesses

How to pick a company of your choice to invest in as a beginner

Before I start I want you to read this:

Even if you start with 1 Lakh, a kid who is starting at the age of 20 and goes on till 70 has a better chance to make it to 1Lakh Crore. The reason for starting early is because of the power of compounding is not as much about the rate but more about the longevity of the rate. I mean 25% is a very high rate but 25% in 5 years is 3 times, in 10 years it is 10 times, in 20 years it is 100 times and in 50 years it is 100,000 times.


– Raamdeo Agrawal, MD & Co-founder, Motilal Oswal