Jumbo King - Scalable Business Model Post Brand Repositioning: Nirmal Bang

JK has had good growth trajectory ever since 2017, growing 8x in the past six years.

Big-Crunch-Burger by Jumbo King (Source: Company)

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. 

Nirmal Bang Report

We recently hosted the management of Jumboking to get an overview of the company’s operations, being a franchisee operator and its future plans to scale up Jumboking. Key points

  • Jumbo King is Western India’s largest chain of homegrown quick service restaurants.

  • Transitioned from selling vada pav in 2001 to selling burgers in 2017. Grown eight times in the past six years post repositioning.

  • JK operates a network of ~170 stores as of FY24 (137 stores as of FY23end) across Mumbai, Delhi, Hyderabad and Bengaluru.

Click on the attachment to read the full report:

Nirmal Bang Jumbo-King---Company-Update.pdf
Read Document

Also Read: Why You Should Consider Taking Some Money Off The Table According To Kshitiz Mahajan

DISCLAIMER

This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

lock-gif
To continue reading this story
Subscribe to unlock & enjoy all
Members-only benefits
Still Not convinced ?  Know More
Watch LIVE TV , Get Stock Market Updates, Top Business , IPO and Latest News on NDTV Profit.
GET REGULAR UPDATES