Date: November 6, 2026

Financial Results (Standalone & Consolidated)

Consolidated Performance Q2 FY27:

  • Revenue from operations: ₹26,079 million (₹2,608 crore), up 11.8% YoY from ₹23,317 million
  • EBITDA: ₹5,131 million (₹513 crore), up 7.3% YoY from ₹4,780 million
  • EBITDA Margin: 19.7% vs 20.5% in Q2 FY26 (contracted 83 bps)
  • PAT from continued operations before exceptional items: ₹1,139 million, up 0.5% YoY
  • PAT Margin: 4.4% vs 4.9% in Q2 FY26 (contracted 49 bps)

Standalone Performance Q2 FY27:

  • Revenue from operations: ₹18,850 million (₹1,885 crore), up 11.5% YoY from ₹16,902 million
  • Gross Margin: 75.5%, expanded 110 bps YoY from 74.4%
  • EBITDA: ₹3,724 million (₹372 crore), up 12.4% YoY from ₹3,313 million
  • EBITDA Margin: 19.8%, expanded 16 bps YoY from 19.6%
  • PAT from continued operations before exceptional items: ₹725 million, up 7.6% YoY from ₹674 million
  • PAT Margin: 3.8% vs 4.0% in Q2 FY26 (contracted 14 bps)

Half Yearly Performance H1 FY27:

  • Consolidated revenue: ₹51,775 million, up 13.0% YoY
  • Consolidated EBITDA: ₹10,170 million, up 10.6% YoY
  • Standalone revenue: ₹37,338 million, up 10.4% YoY
  • Standalone EBITDA: ₹7,322 million, up 11.3% YoY

Operational Highlights

Store Network Expansion:

  • Total stores worldwide: 3,820 as of Q2 FY27 end
  • Net store additions in Q2 FY27: 108 stores
  • Domino's India: 2,601 stores (88 net additions)
  • Popeyes: 99 stores (11 net additions)
  • Hong's Kitchen: 28 stores (no additions)
  • Coffy: 199 stores (5 net additions)
  • Dunkin: 9 stores operating (classified as discontinued operations)

Brand Performance:

  • Domino's India LFL growth: 4.1% in Q2 FY27 (improved from 2.5% in Q1FY27 and 0.2% in Q4FY26)
  • Delivery channel revenue grew 11.3% YoY with delivery mix at 75.8%
  • Domino's India store network reached 587 cities, expanding to 47 new cities during quarter
  • Popeyes LFL growth: 53% in Q2 FY27 (fourth consecutive quarter above 40%)
  • Popeyes revenue grew 122% YoY, present across 25 cities
  • Popeyes gross margin expanded by 150 bps YoY

International Operations:

  • DP Eurasia (Turkey, Georgia, Azerbaijan) revenue grew 12.6%
  • Reported EBITDA margins above 20% and PAT margins consistently 8-10%
  • Domino's inflation adjusted LFL: -2.1% (pre-inflation adjusted: 28.2%)
  • Coffy inflation adjusted LFL: -18.8% (pre-inflation adjusted: 6.5%)
  • Sri Lanka and Bangladesh delivered strong topline growth

Cashflow Performance

  • Consolidated Free Cashflow to Firm (FCF) increased 22.2% YoY in H1FY27
  • Standalone FCF increased 21.8% YoY in H1FY27
  • Both growing ahead of revenue and EBITDA

Strategic Initiatives

Domino's India Turnaround:

  • Dine-In and Takeaway (DITA) channel revenue grew 2.4% YoY
  • Infrastructure upgrades completed in approximately 20% of identified DITA-heavy stores
  • My Meal @ ₹119 rolled out nationally
  • AI-enabled surveillance implemented for compliance across guest service, cleanliness, footfall tracking

Technology Investments:

  • Monthly Active Users across Domino's, Popeyes and Hong's applications: 21 million
  • Monthly Transacting Users: 6 million
  • Smart order batching rolled out across entire Domino's network
  • AI-powered chatbot to identify invalid refund claims and revenue leakages
  • Improved rider tracking and delivery-time predictions

Product Innovation:

  • Domino's India: 2 in 1 Cheese Burst, Kebab Rolls
  • Popeyes India: Paneer Burgers (5 flavors), Choco Bomb dessert
  • DP Eurasia: Pumpkin Latte, Sorrel Refresher, Popping Candy Iced Matcha and Latte, Domino's Roll
  • Sri Lanka: Chicken Keema Pizza & Mongolian Chicken Rice, Chicken Maxxx
  • Bangladesh: Meat Maxxx

Cost Management

  • Input cost inflation impact: approximately 200 bps in P&L
  • Managed through procurement efficiencies, calibrated pricing, menu-mix optimization
  • Reduced wastage through technology improvements in manpower scheduling and inventory management
  • Integrated AI into software development to reduce development time and cost

Outlook and Guidance

  • FY27 Capex guidance unchanged: ₹750-900 crore annually
  • Focus on network expansion and technology investments
  • Popeyes ambition: building into ₹1,000 crore brand over next 3-4 years
  • Priority to sustain disciplined execution in Domino's India, scale Popeyes while improving unit economics
  • Continue to allocate capital towards growth opportunities and revenue-generating assets

KMP / Board / Auditor Changes

Not Specified

Dividend Declaration or Non-Declaration

Not Specified

Board Meeting Outcomes

Not Specified

Disinvestment / Strategic Actions

Not Specified

Other Operational / Legal / Strategic Disclosures

Not Specified