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3 Quick Service Restaurant Stocks With a Strong Future Roadmap: Jubilant FoodWorks, Devyani International and Westlife Foodworld

Jubilant FoodWorks Rs 427.60, P/E 62.77. Devyani Rs 123.23. Westlife Foodworld Rs 577.20, P/E 285.94. Closing prices of 8 Oct 2026.


9 Oct 2026 • 10:33 am

3 Quick Service Restaurant Stocks With a Strong Future Roadmap: Jubilant FoodWorks, Devyani International and Westlife Foodworld

Quick Answer

Quick service restaurant stocks with the clearest long-term roadmaps today include Jubilant FoodWorks in Domino's Pizza stores, Devyani in KFC, Pizza Hut and Costa Coffee outlets and Westlife Foodworld in McDonald's restaurants in west and south India. FY26 revenue growth was 17.2% at Jubilant FoodWorks, 13.6% at Devyani and 5.6% at Westlife Foodworld. P/E stands at 62.77 for Jubilant FoodWorks (industry 61.79) and 285.94 for Westlife Foodworld (industry 61.79). 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.

Quick service restaurant stocks give investors exposure to the operators of global food brands in India. Growth comes from adding outlets and from higher sales at existing stores, so same-store sales and operating margin matter as much as headline revenue.

Readers comparing quick service restaurant stocks should weigh growth, margins, cash flow and valuation together instead of leaning on any single number.

This list covers three quick service restaurant stocks: Jubilant FoodWorks for Domino's Pizza stores, Devyani International for KFC, Pizza Hut and Costa Coffee outlets and Westlife Foodworld for McDonald's restaurants in west and south India. Every figure comes from the latest reported financials and the 8 October 2026 market close. Companies without complete current figures were left out.

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What Are Quick Service Restaurant Stocks?

Quick service restaurant stocks are shares of companies that run fast-food and casual dining chains, often as franchisees of global brands. Results depend on store additions, same-store sales, delivery mix and operating margin, so unit economics separate the stronger names.

Quick Service Restaurant Stocks at a Glance

The table compares size, valuation, return on equity and debt for the three quick service restaurant stocks as of the 8 Oct 2026 close.

Company CMP (Rs) Market Cap (Rs Cr) Industry P/E ROE Debt to Equity
Jubilant FoodWorks 427.60 28,248 61.79 18.69% 2.14
Devyani International 123.23 15,202 61.79 -1.32% 2.49
Westlife Foodworld 577.20 9,051 61.79 0.83% 2.92

Among QSR stocks, valuations sit close to their industry P/E multiples.

Valuation matters here because quick service restaurant stocks can look attractive on growth and still look expensive on earnings.

Why Do Quick Service Restaurant Stocks Have a Strong Roadmap in India?

Quick service restaurant stocks have a strong roadmap in India because eating out is rising, delivery has widened reach and operators are adding stores in smaller cities. Three drivers stand out.

  • Rising eating-out spend: Urban incomes and young consumers favour branded fast food.
  • Delivery and digital ordering: Apps extend reach without adding as much store space.
  • Tier-2 expansion: New outlets in smaller cities widen the addressable market.

Together these drivers explain why quick service restaurant stocks keep drawing investor attention.

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, and 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, an 116.0% rise, and FY26 revenue was 17.2% higher than FY25. FY26 net profit rose 54.4% to Rs 386.03 crore. Over four years, net profit fell from Rs 418.09 crore in FY22 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.

Devyani International: KFC, Pizza Hut and Costa Outlets Drive the Pipeline

Devyani's roadmap rests on KFC, Pizza Hut and Costa Coffee outlets operated as a franchisee across India and overseas markets, with outlet additions in smaller cities widening the customer base.

Revenue grew from Rs 2,100.13 crore in FY22 to Rs 5,666.77 crore in FY26, a 169.8% rise, and FY26 revenue was 13.6% higher than FY25. In Q1 FY27, revenue grew 16.7% to Rs 1,599.71 crore, and net profit rose 666.8% to Rs 17.10 crore. Operating margin was 16.30% in FY26 and 17.30% in Q1 FY27 against 16.15% a year earlier.

Debt to equity is 2.49 and return on equity is -1.32%. FY26 operating cash flow was Rs 926.52 crore against capital expenditure of Rs 458.96 crore.

What to watch: Return on equity is negative at 1.32%, and debt to equity of 2.49 is on the higher side.

Westlife Foodworld: McDonald's Restaurant Rollout Builds the Next Leg

Westlife Foodworld's roadmap rests on McDonald's restaurants in west and south India, with drive-through and delivery formats, and with new restaurants and a growing delivery mix supporting sales.

Revenue grew from Rs 1,604.23 crore in FY22 to Rs 2,656.97 crore in FY26, a 65.6% rise, and FY26 revenue was 5.6% higher than FY25. FY26 net profit rose 166.1% to Rs 32.33 crore. In Q1 FY27, revenue grew 11.7% to Rs 742.23 crore, and net profit fell 52.0% to Rs 0.59 crore. Operating margin was 14.23% in FY26 and 13.67% in Q1 FY27 against 14.10% a year earlier.

Debt to equity is 2.92 and return on equity is 0.83%. FY26 operating cash flow was Rs 351.99 crore against capital expenditure of Rs 236.50 crore. Westlife Foodworld paid a dividend of Rs 0.75 per share for FY26, a yield of 0.13%. At a P/E of 285.94 against an industry P/E of 61.79, the stock trades above its industry multiple.

What to watch: Q1 FY27 net profit was 52.0% lower than a year earlier, and return on equity of 0.83% is modest. The P/E of 285.94 sits above the industry P/E of 61.79, so earnings delivery matters for the valuation.

Best Quick Service Restaurant Stocks in India: Jubilant FoodWorks vs Devyani vs Westlife Foodworld on Key Financials

Among the best quick service restaurant stocks in India, Jubilant FoodWorks leads on FY26 revenue growth and FY26 operating margin; Devyani leads on Q1 FY27 revenue growth and Q1 FY27 net profit growth; Westlife Foodworld ranks second on return on equity and dividend yield. The table puts the numbers side by side.

Metric Jubilant FoodWorks Devyani Westlife Foodworld
FY26 revenue (Rs Cr) 9,586.64 5,666.77 2,656.97
FY26 revenue growth 17.2% 13.6% 5.6%
FY26 net profit (Rs Cr) 386.03 -42.53 32.33
FY26 operating profit margin 20.96% 16.30% 14.23%
Q1 FY27 revenue growth (YoY) 13.6% 16.7% 11.7%
Q1 FY27 net profit growth (YoY) 6.0% 666.8% -52.0%
Return on equity 18.69% -1.32% 0.83%
Debt to equity 2.14 2.49 2.92
Dividend yield 0.28% 0.00% 0.13%
FY26 operating cash flow (Rs Cr) 1,893.55 926.52 351.99

Restaurant earnings follow footfall and store openings, so full-year numbers and quarterly trends together give a better view.

How to Evaluate Pizza and Fried Chicken Franchise Stocks to Buy Before You Invest

A short checklist keeps the research consistent when you screen quick service restaurant stocks and shortlist pizza and fried chicken franchise stocks to buy.

  1. Compare each stock's P/E with its industry P/E, which is 61.79 for all three here.
  2. Look at debt to equity, because lease obligations and expansion funding can weigh on profit.
  3. Check whether revenue growth is turning into profit growth, not only sales.
  4. Read operating cash flow against capital expenditure to see how growth is funded.
  5. Watch debt to equity and interest cover before sizing a position.
  6. Spread exposure across companies and business lines instead of one demand cycle.

Check the Univest Screener for live data on these quick service restaurant stocks

Risks to Consider Before Investing in Quick Service Restaurant Stocks

  • Valuation: Westlife Foodworld trades at 285.94 times earnings against an industry multiple of 61.79.
  • Debt and cash flow: Jubilant FoodWorks has debt to equity of 2.14.
  • Quarterly profit: Westlife Foodworld's Q1 FY27 net profit was 52.0% lower than a year earlier.
  • Consumer demand: Restaurant sales respond quickly to changes in discretionary spending.

Download the Univest iOS App or Univest Android App to track Jubilant FoodWorks, Devyani and Westlife Foodworld live.

Final Take: Which Stock Has the Strongest Roadmap?

These three QSR stocks cover Domino's pizza stores, KFC, Pizza Hut and Costa outlets, and McDonald's restaurants. Jubilant FoodWorks leads on FY26 revenue growth and FY26 operating margin; Devyani leads on Q1 FY27 revenue growth and Q1 FY27 net profit growth; Westlife Foodworld ranks second on return on equity and dividend yield.

Across quick service restaurant 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 pizza and fried chicken franchise 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 Quick Service Restaurant Stocks

Which are the best quick service restaurant stocks in India with a strong roadmap?

Ans. Jubilant FoodWorks, Devyani International and Westlife Foodworld stand out for their roadmaps in Domino's pizza stores, KFC, Pizza Hut and Costa outlets, and McDonald's restaurants. FY26 revenue growth was 17.2% at Jubilant FoodWorks, 13.6% at Devyani and 5.6% at Westlife Foodworld, and return on equity ranges from -1.32% 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, lease-heavy balance sheets and discretionary spending 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, Devyani and Westlife Foodworld?

Ans. The P/E ratio is 62.77 for Jubilant FoodWorks (industry 61.79) and 285.94 for Westlife Foodworld (industry 61.79). All of them trade at or above the industry multiple.

Which of these quick service restaurant stocks has the highest return on equity?

Ans. Jubilant FoodWorks has the highest return on equity at 18.69%, followed by Westlife Foodworld at 0.83% and Devyani International at -1.32%.

What are the risks of investing in quick service restaurant stocks?

Ans. The main risks are valuation, debt and cash flow, quarterly profit and consumer demand. Westlife Foodworld trades at 285.94 times earnings against an industry multiple of 61.79.

How did Jubilant FoodWorks, Devyani and Westlife Foodworld 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. Devyani International reported revenue of Rs 1,599.71 crore, up 16.7% year on year, and net profit rose 666.8% to Rs 17.10 crore. Westlife Foodworld reported revenue of Rs 742.23 crore, up 11.7% year on year, and net profit fell 52.0% to Rs 0.59 crore.

Do quick service restaurant stocks pay dividends?

Ans. Jubilant FoodWorks and Westlife Foodworld pay dividends. The dividend yield is 0.28% for Jubilant FoodWorks and 0.13% for Westlife Foodworld, based on dividends declared for FY26.

How can I invest in quick service restaurant stocks in India?

Ans. You can buy quick service restaurant 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.

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Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

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