3 Footfall-Driven Service Stocks With a Strong Future Roadmap: Jubilant FoodWorks, Nesco and Dr. Agarwal’s Health Care
- October 12, 2026
- Posted by: Chaitanya Auti
- Category: Best Stocks
Jubilant FoodWorks Rs 422.75, P/E 62.77. Nesco Rs 1,038.50, P/E 17.39. Dr. Agarwal’s Health Care Rs 477.75, P/E 80.51. Closing prices of 9 Oct 2026.
Quick Answer
Footfall-driven service stocks with the clearest long-term roadmaps today include Jubilant FoodWorks in Domino’s store network, Nesco in exhibition venue and leasing income and Dr. Agarwal’s Health Care in eye care network. FY26 revenue growth was 17.2% at Jubilant FoodWorks, 20.0% at Nesco and 20.9% at Dr. Agarwal’s Health Care. P/E stands at 62.77 for Jubilant FoodWorks (industry 61.79), 17.39 for Nesco (industry 32.08) and 80.51 for Dr. Agarwal’s Health Care (industry 62.79). Demand cycles, input costs and valuation decide how much of that growth the market keeps paying for, so each company’s risks need equal attention.
Footfall-driven service stocks give investors exposure to restaurants, exhibition venues and eye care centres. Store additions, event bookings and patient volumes decide how much of that demand turns into profit.
This list covers three footfall-driven service stocks: Jubilant FoodWorks for Domino’s store network, Nesco for exhibition venue and leasing income and Dr. Agarwal’s Health Care for eye care network. Every figure comes from the latest reported financials and the 9 October 2026 market close. Companies without complete current figures were left out.
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What Are Footfall-Driven Service Stocks?
Footfall-driven service stocks are shares of companies that serve customers through restaurants, venues and hospitals. Results depend on store additions, bookings and patient volumes, so margin control and footfall separate the stronger names.
Footfall-Driven Service Stocks at a Glance
The table compares size, valuation, return on equity and debt for the three footfall-driven service stocks as of the 9 Oct 2026 close.
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE | Debt to Equity |
|---|---|---|---|---|---|---|
| Jubilant FoodWorks | 422.75 | 28,248 | 62.77 | 61.79 | 18.69% | 2.14 |
| Nesco | 1,038.50 | 7,243 | 17.39 | 32.08 | 13.77% | 0.09 |
| Dr. Agarwal’s Health Care | 477.75 | 14,907 | 80.51 | 62.79 | 6.58% | 0.53 |
Among consumer service stocks, Dr. Agarwal’s Health Care trades at a premium to the industry P/E, while Nesco trades at a discount.
Why Do Footfall-Driven Service Stocks Have a Strong Roadmap in India?
Footfall-driven service stocks have a strong roadmap in India because people eat out and order in more often, trade shows and events are returning and eye care needs rise with age and screen use. Three drivers stand out.
- Eating out and delivery: Restaurant chains add stores and use delivery to widen reach.
- Events and exhibitions: Trade shows and conventions bring steady venue bookings.
- Eye care demand: Ageing and screen use raise the need for eye treatment.
Jubilant FoodWorks: Domino’s Store Network Anchors the Roadmap
Jubilant FoodWorks’ roadmap rests on Domino’s Pizza stores across India and neighbouring markets, along with newer food brands, with store additions and delivery reach supporting sales.
Revenue grew from Rs 4,437.48 crore in FY22 to Rs 9,586.64 crore in FY26, a 116.0% rise, and FY26 revenue was 17.2% higher than FY25. FY26 net profit rose 54.4% to Rs 386.03 crore. In Q1 FY27, revenue grew 13.6% to Rs 2,588.34 crore, and net profit rose 6.0% to Rs 100.03 crore. Operating margin was 20.96% in FY26 and 20.37% in Q1 FY27 against 20.21% a year earlier.
Debt to equity is 2.14 and return on equity is 18.69%. FY26 operating cash flow was Rs 1,893.55 crore against capital expenditure of Rs 1,009.93 crore. Jubilant FoodWorks paid a dividend of Rs 1.2 per share for FY26, a yield of 0.28%. At a P/E of 62.77 against an industry P/E of 61.79, the stock trades in line with its industry multiple.
What to watch: Debt to equity of 2.14 is on the higher side, and net profit margin is only 4.0%, so small cost changes move earnings.
Nesco: Exhibition Space and Leasing Drive the Pipeline
Nesco’s roadmap rests on exhibition and convention space at the Bombay Exhibition Centre along with an IT park, with event bookings and leasing income supporting revenue.
Revenue grew from Rs 382.41 crore in FY22 to Rs 1,037.50 crore in FY26, a 171.3% rise, and FY26 revenue was 20.0% higher than FY25. FY26 net profit rose 10.0% to Rs 412.74 crore. Over four years, net profit rose from Rs 189.17 crore in FY22 to Rs 412.74 crore. In Q1 FY27, revenue grew 15.3% to Rs 255.40 crore, and net profit rose 4.0% to Rs 99.96 crore. Operating margin was 63.29% in FY26 and 68.92% in Q1 FY27 against 71.61% a year earlier.
Debt to equity is 0.09 and return on equity is 13.77%. FY26 operating cash flow was Rs 387.79 crore against capital expenditure of Rs 322.28 crore. Nesco paid a dividend of Rs 7 per share for FY26, a yield of 0.68%. At a P/E of 17.39 against an industry P/E of 32.08, the stock trades below its industry multiple.
What to watch: The Q1 FY27 operating margin of 68.92% was below the 71.61% of a year earlier.
Dr. Agarwal’s Health Care: A Growing Eye Care Network Drives the Pipeline
Dr. Agarwal’s Health Care’s roadmap rests on eye care hospitals and clinics across India and overseas, with a growing network of centres supporting patient volumes.
Revenue grew from Rs 713.78 crore in FY22 to Rs 2,124.52 crore in FY26, a 197.6% rise, and FY26 revenue was 20.9% higher than FY25. FY26 net profit rose 52.4% to Rs 168.14 crore. Over four years, net profit rose from Rs 43.16 crore in FY22 to Rs 168.14 crore. In Q1 FY27, revenue grew 23.9% to Rs 620.43 crore, and net profit rose 44.6% to Rs 55.02 crore. Operating margin was 29.95% in FY26 and 28.80% in Q1 FY27 against 28.98% a year earlier.
Debt to equity is 0.53 and return on equity is 6.58%. FY26 operating cash flow was Rs 518.99 crore against capital expenditure of Rs 460.58 crore. At a P/E of 80.51 against an industry P/E of 62.79, the stock trades above its industry multiple.
What to watch: Return on equity of 6.58% is modest.
Best Footfall-Driven Service Stocks in India: Jubilant FoodWorks vs Nesco vs Dr. Agarwal’s Health Care on Key Financials
Among the best footfall-driven service stocks in India, Jubilant FoodWorks leads on FY26 net profit growth and return on equity; Nesco leads on FY26 operating margin and the lowest P/E; Dr. Agarwal’s Health Care leads on FY26 revenue growth and Q1 FY27 revenue growth. The table puts the numbers side by side.
| Metric | Jubilant FoodWorks | Nesco | Dr. Agarwal’s Health Care |
|---|---|---|---|
| FY26 revenue (Rs Cr) | 9,586.64 | 1,037.50 | 2,124.52 |
| FY26 revenue growth | 17.2% | 20.0% | 20.9% |
| FY26 net profit (Rs Cr) | 386.03 | 412.74 | 168.14 |
| FY26 net profit growth | 54.4% | 10.0% | 52.4% |
| FY26 operating profit margin | 20.96% | 63.29% | 29.95% |
| Q1 FY27 revenue growth (YoY) | 13.6% | 15.3% | 23.9% |
| Q1 FY27 net profit growth (YoY) | 6.0% | 4.0% | 44.6% |
| Return on equity | 18.69% | 13.77% | 6.58% |
| P/E ratio | 62.77 | 17.39 | 80.51 |
| Debt to equity | 2.14 | 0.09 | 0.53 |
| Dividend yield | 0.28% | 0.68% | 0.00% |
| FY26 operating cash flow (Rs Cr) | 1,893.55 | 387.79 | 518.99 |
Service earnings follow store additions, bookings and patient volumes, so full-year numbers and quarterly trends together give a better view.
How to Evaluate Footfall-Driven Service Stocks to Buy Before You Invest
A short checklist keeps the research consistent when you screen footfall-driven service stocks and shortlist footfall-driven service stocks to buy.
- Compare each stock’s P/E with its industry P/E, which differs by company here.
- Check same-store sales for restaurants, bookings for venues and patient volumes for hospitals, because each shows demand strength.
- Check whether revenue growth is turning into profit growth, not only sales.
- Read operating cash flow against capital expenditure to see how growth is funded.
- Watch debt to equity and interest cover before sizing a position.
- Spread exposure across companies and business lines instead of one demand cycle.
Check the Univest Screener for live data on these footfall-driven service stocks
Risks to Consider Before Investing in Footfall-Driven Service Stocks
- Debt and cash flow: Jubilant FoodWorks has debt to equity of 2.14.
- Margins: Nesco’s Q1 FY27 operating margin of 68.92% was below the 71.61% of a year earlier.
- Seasonality: Footfall can vary by season and events.
- Cost pressure: Wages, rent and food costs can reduce margins.
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Annual reports and quarterly result presentations are the most reliable places to verify the numbers quoted here, because they show segment details, management commentary and the notes behind each figure.
Final Take: Which Stock Has the Strongest Roadmap?
These three consumer service stocks cover a pizza restaurant chain, an exhibition venue owner and an eye care hospital chain. Jubilant FoodWorks leads on FY26 net profit growth and return on equity; Nesco leads on FY26 operating margin and the lowest P/E; Dr. Agarwal’s Health Care leads on FY26 revenue growth and Q1 FY27 revenue growth.
Across footfall-driven service stocks, each roadmap still has to turn growth into steady profit, so independent research and position sizing matter. Investors should consult a SEBI-registered advisor before acting on any of the footfall-driven service stocks to buy discussed here.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Footfall-Driven Service Stocks
Which are the best footfall-driven service stocks in India with a strong roadmap?
Ans. Jubilant FoodWorks, Nesco and Dr. Agarwal’s Health Care stand out for their roadmaps in a pizza restaurant chain, an exhibition venue owner and an eye care hospital chain. FY26 revenue growth was 17.2% at Jubilant FoodWorks, 20.0% at Nesco and 20.9% at Dr. Agarwal’s Health Care, and return on equity ranges from 6.58% to 18.69%.
Is Jubilant FoodWorks a good stock to buy now?
Ans. Jubilant FoodWorks has a debt to equity ratio of 2.14, a return on equity of 18.69% and a P/E of 62.77 against an industry P/E of 61.79. Valuation, footfall and cost pressure move results. This article is not investment advice, so consult a SEBI-registered advisor before deciding.
What is the P/E ratio of Jubilant FoodWorks, Nesco and Dr. Agarwal’s Health Care?
Ans. The P/E ratio is 62.77 for Jubilant FoodWorks (industry 61.79), 17.39 for Nesco (industry 32.08) and 80.51 for Dr. Agarwal’s Health Care (industry 62.79). Only Jubilant FoodWorks and Dr. Agarwal’s Health Care trade at or above the industry multiple.
Which of these footfall-driven service stocks has the highest return on equity?
Ans. Jubilant FoodWorks has the highest return on equity at 18.69%, followed by Nesco at 13.77% and Dr. Agarwal’s Health Care at 6.58%.
What are the risks of investing in footfall-driven service stocks?
Ans. The main risks are debt and cash flow, margins, seasonality and cost pressure. Jubilant FoodWorks has debt to equity of 2.14.
How did Jubilant FoodWorks, Nesco and Dr. Agarwal’s Health Care perform in Q1 FY27?
Ans. Jubilant FoodWorks reported revenue of Rs 2,588.34 crore, up 13.6% year on year, and net profit rose 6.0% to Rs 100.03 crore. Nesco reported revenue of Rs 255.40 crore, up 15.3% year on year, and net profit rose 4.0% to Rs 99.96 crore. Dr. Agarwal’s Health Care reported revenue of Rs 620.43 crore, up 23.9% year on year, and net profit rose 44.6% to Rs 55.02 crore.
Do footfall-driven service stocks pay dividends?
Ans. Jubilant FoodWorks and Nesco pay dividends. The dividend yield is 0.28% for Jubilant FoodWorks and 0.68% for Nesco, based on dividends declared for FY26.
How can I invest in footfall-driven service stocks in India?
Ans. You can buy footfall-driven service stocks through a demat and trading account on NSE or BSE after checking each company’s financials, margins and valuation. The Univest Screener lets you compare fundamentals before placing an order. Investments in securities are subject to market risk, so consider your risk profile first.