Date: July 31, 2026

General Disclosures

Corporate Details:

  • Corporate Identity Number (CIN): L74899UP1995PLC043677
  • Year of incorporation: 1995
  • Corporate address: 15th Floor, Tower E, Skymark One, Plot No. H-10/A Sector 98, Noida- 201301, U.P., India
  • Contact: investor@jublfood.com, +91 120 6927500
  • Paid-up Capital: Rs. 1,319.69 million
  • Reporting boundary: Standalone basis
  • Assurance provider: TÜV SÜD South Asia Pvt Ltd.
  • Type of assurance: Reasonable Assurance

Business Activities:

  • 100% turnover from Food and beverage services provided by restaurants (NIC Code 56)

Operations:

  • 23 locations in India (8 plants, 15 offices)
  • No international operations
  • Markets served: 28 States and 6 Union Territories nationally
  • Export contribution: 0.07% of total turnover
  • Turnover: Rs. 68,562 million
  • Net Worth: Rs. 25,398 million

Employees and Workers (as at end of FY25-26):

  • Total Employees: 11,160 (Permanent: 11,160; Male: 8,733; Female: 2,427)
  • Total Workers: 25,749 (Permanent: 344; Other than Permanent: 25,405; Male: 14,966; Female: 10,783)
  • Differently abled Workers: 46 (Permanent: 0; Other than Permanent: 46; Male: 43; Female: 3)
  • Women representation: Board of Directors 20% (2 out of 10), Key Management Personnel 100% (2 out of 2 excluding CEO/MD)
  • Turnover rate FY25-26: Permanent Employees 42%, Permanent Workers 23%

Subsidiaries and Associates:

  • 13 entities listed including Jubilant FoodWorks Lanka, Jubilant FoodWorks Bangladesh, DP Eurasia B.V. (93.65%), Wellversed Health (27.81%), and Roadcast Tech Solutions (42.55%)
  • Hashtag Loyalty ceased to be associate from February 20, 2026
  • Pizza Restaurants LLC ceased to be step-down subsidiary from July 10, 2025

Material Responsibility Issues

Five material issues identified with risk/opportunity assessment:

1. Food Safety (Opportunity/Risk): Stringent quality processes adhering to FSSAI norms across all sectors. Positive implications include higher sales from brand loyalty; negative include product recall costs and regulatory penalties.

2. Health, Safety and Wellbeing (Opportunity/Risk): Systematic hazard identification, safety reviews, training, and insurance coverage. Positive: increased workforce morale and retention; Negative: medical costs and compliance penalties.

3. Business Ethics (Opportunity/Risk): Code of conduct, whistleblower channels, and regular training. Positive: enhanced collaborations; Negative: legal costs and negative publicity.

4. ESG Framework and Sustainable Business Conduct (Opportunity/Risk): Established ESG framework, human rights policy, waste management tie-ups, and environmental policy. Positive: cost savings and brand loyalty; Negative: legal liabilities and negative publicity.

5. Cyber Security (Opportunity/Risk): Robust information systems, PCI-DSS v4.0 certification, NIST CSF assessments, and 24x7 monitoring. Positive: cost savings and seamless customer experience; Negative: ransom payments and revenue loss.

Principle-wise Performance Disclosure

Principle 1 (Ethical, Transparent, Accountable):

  • 100% employees and workers covered in training on NGRBC principles
  • No fines/penalties in proceedings with regulators
  • Anti-corruption policy through Code of Conduct
  • No disciplinary actions for bribery/corruption
  • No conflict of interest complaints
  • Days of accounts payable: 51.56 days (FY25-26)
  • Share of RPTs: Purchases 5.06%, Sales 0.13%, Investments 75.61%

Principle 2 (Sustainable, Safe Goods/Services):

  • 14% of capex invested in environmental improvements (EV charging, energy management systems)
  • 100% key inputs sustainably sourced from GFSI/FSSAI certified suppliers
  • Waste reclamation processes for plastics, e-waste, hazardous waste, and other waste
  • EPR applicable and aligned with Pollution Control Board requirements
  • Life Cycle Perspective adopted through Product Lifecycle Policy
  • Plastic packaging: 242 MT recycled, boxes made with 82% recycled paper

Principle 3 (Employee Wellbeing):

  • 100% employees and workers covered by health and accident insurance
  • 100% coverage for retirement benefits (PF, Gratuity, ESI)
  • Workplaces accessible to differently abled persons
  • Multiple grievance redressal mechanisms including whistleblower policy
  • 100% employees and workers received health/safety and skill training
  • Zero lost time injuries, recordable injuries, fatalities, or high consequence incidents
  • No complaints on working conditions or health and safety

Principle 4 (Stakeholder Responsiveness):

  • Stakeholder Management Policy identifies key groups including investors, government, communities, suppliers, employees
  • Regular engagement through various channels including surveys, meetings, conferences
  • Special initiatives for vulnerable/marginalized groups including Udaan (skill training), Umang (healthcare), Unnati (dairy farmers), Sashakt (women poultry farmers)

Principle 5 (Human Rights):

  • 100% employees and workers provided human rights training
  • Median remuneration: BoD Male ₹3.15M, Female ₹3.01M; KMP Male ₹171.5M, Female ₹41.2M
  • Gross wages to females: 24.24% of total wages
  • Ombudsperson office established for human rights issues
  • 32 POSH complaints filed, 27 upheld
  • Human rights requirements part of business agreements through Supplier Code of Conduct

Principle 6 (Environmental Protection):

  • Energy consumption: Renewable 50,213 GJ, Non-renewable 1,546,390 GJ, Total 1,596,602 GJ
  • Energy intensity: ₹0.000023 per rupee turnover
  • Water withdrawal: 140,593 KL (Surface: 60,737, Ground: 79,856)
  • Water discharge: 4,903 KL (1,226 to third parties no treatment, 1,003 ETP to third parties, 2,674 ETP other)
  • Zero Liquid Discharge implemented at key facilities
  • Air emissions: NOx 61.3 mg/nm3, SOx 26.3 mg/nm3, PM 42.4 mg/nm3
  • GHG emissions: Scope 1 54,925 tCO2e, Scope 2 127,442 tCO2e
  • Total waste generated: 1,982 MT (Plastic: 98.6, E-waste: 1.1, Bio-medical: 1.1, Construction: 9.7, Battery: 4.4, Hazardous: 43.4, Non-hazardous: 1,824.2)
  • Waste recovered: 1,750 MT (Recycled: 1,148, Re-used: 603)
  • No operations in ecologically sensitive areas
  • Full compliance with environmental laws

Principle 7 (Responsible Policy Influence):

  • Four affiliations with industry chambers (CII, FICCI, NRAI, RAI)
  • No anti-competitive conduct issues
  • Advocacy for ease of doing business for QSR industry

Principle 8 (Inclusive Growth):

  • Social Impact Assessments for Dairy Farmer Development and Skill Development programs
  • 28.62% input material sourced from MSMEs/small producers
  • 99.98% input material sourced from within India
  • Wage distribution: Rural 0.28%, Semi-Urban 1.57%, Urban 11.13%, Metropolitan 87.03%
  • CSR projects in aspirational districts benefiting 960 persons with ₹8.16M spending
  • CSR beneficiaries: 13,000+ dairy farmers, 6 women poultry farmers, 1.2M+ healthcare access, 2,500+ youth trained, 5,000+ street vendors trained, 3,000+ students

Principle 9 (Responsible Consumer Engagement):

  • Consumer complaint mechanisms through multiple channels
  • 100% products carry information on environmental/social parameters, safe usage, and recycling
  • 21,974 consumer complaints filed, all resolved
  • No product recalls
  • Cyber security framework based on ISO 27001:2022 and PCI-DSS v4.0
  • No data breaches

Assurance Verification

  • Verification by TÜV SÜD South Asia Pvt Ltd. from July 2-10, 2026
  • Reasonable assurance on 9 core BRSR attributes
  • Onsite reviews at 9 locations including Noida, Greater Noida, Bengaluru, Mohali, Nagpur, Raigad, West Bengal, Assam, Hyderabad
  • Conclusion: Sustainability indicators of 9 Core Attributes prepared in all material respect in accordance with BRSR Core requirements

Signatures

Shyam S. Bhartia (Chairman and Director) and Hari S. Bhartia (Co-Chairman and Director)

Date: May 20, 2026