Shares of Jubilant Foodworks slipped about 3% to Rs 442.60 on Monday after the Domino’s Pizza and Dunkin’ Donuts operator flagged supply constraints of LPG cylinders across parts of its store network amid
the ongoing Middle East crisis.
In an exchange filing on Saturday, the company said it is taking multiple steps to conserve LPG and is accelerating a shift to alternative energy sources such as electricity and piped natural gas (PNG). It added that it is in constant touch with oil marketing companies (OMCs) to stay updated on supply developments and align its operational response accordingly.
The company said it has resilient systems in place to manage short-term disruptions and will continue to closely monitor the evolving situation.
QSR stocks under pressure
Quick-service restaurant (QSR) stocks, including Devyani International, Sapphire Foods and Westlife FoodWorld, have seen notable declines in March as the Iran-US-Israel conflict disrupted global trade flows, particularly due to the prolonged closure of the Strait of Hormuz.
India’s LPG dependence adds risk
India imports over 60% of its LPG requirements, with nearly 85–90% of these shipments routed through the Strait of Hormuz. In FY25, the country consumed 31.3 million tonnes of LPG, of which only 12.8 million tonnes was produced domestically, highlighting its dependence on imports.
Govt steps in to ensure supply
The government on Sunday said two LPG carriers—BW TYR and BW ELM—carrying around 94,000 tonnes of LPG have safely passed through the Gulf region and are headed towards India.
Officials added that 18 Indian-flagged vessels with 485 seafarers remain in the western Persian Gulf, and the Centre is taking proactive steps to ensure the uninterrupted availability of LPG and other petroleum products.
Stock performance
Jubilant Foodworks shares have declined over 10% in the past month, though they have gained more than 2% over the last five sessions. The stock is down nearly 18% so far in 2026, with the company’s market capitalisation currently at around Rs 30,022 crore.
