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Jubilant Bhartia Group

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uuid0003t7k

Namestring
Jubilant Bhartia Group
Legal namestring
Jubilant Bhartia Group
Company typeenum
Private
Founded yearint
1957
Descriptiontext

Jubilant Bhartia Group is a privately held, founder-controlled Indian conglomerate headquartered in Noida, Uttar Pradesh. Founded by Shyam S Bhartia and Hari S Bhartia, the group operates across pharmaceuticals, specialty chemicals and CDMO, food services (QSR), agri products and performance polymers, services (aerospace, power & infrastructure, offshore), auto retail, food, and beverages. It employs approximately 46,000 people globally and operates through four flagship listed subsidiaries (Jubilant Pharmova, Jubilant Ingrevia, Jubilant FoodWorks, and Jubilant Industries) alongside unlisted adjacent businesses including Jubilant Enpro, Jubilant MotorWorks, Jubilant Consumer, and the recently formed Jubilant Beverages Limited.

The group's core revenue engines are Jubilant FoodWorks, which holds exclusive master franchise rights for Domino's Pizza (2,079 restaurants across 447 cities in India as of September 2024), Dunkin' Donuts, Hong's Kitchen, and Popeyes across India and select South Asian markets; Jubilant Pharmova, a global integrated pharma company operating in radiopharma (46 US radio-pharmacies), allergy immunotherapy, CDMO sterile injectables, CRDMO, generics, and proprietary novel drugs across six regulated-market manufacturing facilities; Jubilant Ingrevia, which is globally #1 in Pyridine and 11 Pyridine derivatives with 50 plants across 5 manufacturing facilities and a 130+ product portfolio serving pharma, nutrition, agrochemical, semiconductor and industrial customers; and Jubilant Industries' agri/consumer business featuring JIVANJOR adhesives (#2 in India) and VP Latex (#1 in India, #2 globally). Revenue mechanics combine franchise royalties and direct restaurant sales (QSR), regulated-market pharma manufacturing and licensing, specialty chemicals direct sales, and distributor/wholesale agri products.

In 2024–2025 the group executed a major strategic expansion by establishing Jubilant Beverages Limited and acquiring a 40% stake in Hindustan Coca-Cola Holdings for approximately Rs 12,500 crore in July 2025, entering India's beverage bottling and distribution business under a joint-ownership arrangement with The Coca-Cola Company. The group is also investing in AI capability, having entered the World Economic Forum's Global Lighthouse Network in 2024 for 4IR/AI-enabled manufacturing at Jubilant Ingrevia and signing an MoU with McGill University in February 2026 to establish an AI Centre of Excellence in India.

Short descriptiontext

Jubilant Bhartia Group is a privately held Indian conglomerate founded by the Bhartia brothers, operating through four listed subsidiaries in pharmaceuticals, specialty chemicals, food services (QSR), and agri products, with a recent expansion into Coca-Cola beverage bottling and global manufacturing operations spanning ~46,000 employees.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersNoida, India
HQ citystring
Noida
HQ countrystring
India
HQ regionstring
Asia
Markets served

Serves global market

Offices4 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
pharmaceutical manufacturing, specialty chemicals, quick service restaurants, agrochemical products, aerospace services
Industry1 code
1Non-Carbonated Soft Drinks (Juice Drinks, Lemonades, Fruit Drinks)
CodeCRADAHABPrimaryYes
NAICS code3 codes
  • Beverage Manufacturing3121
  • Soft Drink Manufacturing312111
  • Food Manufacturing311
SIC code3 codes
  • Beverages2080
  • Food And Kindred Products2000
  • Medicinal Chemicals & Botanical Products2833
Product category
Diversified Industrial Conglomerate
Social media profiles1 record
GTM motion5 records

Each record includes

Type, Description, Source

Revenue model6 records
1Food Services (QSR) Revenue
TypeOthers
Description

Jubilant FoodWorks generates revenue through Domino's Pizza, Dunkin' Donuts, Hong's Kitchen, and Popeyes restaurants operating as master franchisee. Revenue comes from restaurant sales to consumers across 447 cities with 2,079 Domino's, 32 Dunkin' Donuts, 34 Hong's Kitchen, and 54 Popeyes restaurants as of September 2024.

jubilantbhartia.com
2Pharmaceuticals Revenue
TypeLicensing Royalties
Description

Jubilant Pharmova earns revenue through multiple streams: Radiopharma (46 radio-pharmacies in US), Allergy Immunotherapy (US and international markets), CDMO Sterile Injectables, Contract Research Development Services, Generics manufacturing and sales, and Proprietary Novel Drugs development.

jubilantbhartia.com
3Specialty Chemicals & CDMO Revenue
TypeTransaction Fee
Description

Jubilant Ingrevia generates revenue through specialty chemicals manufacturing (Pyridine, Picolines, Acetic Anhydride, Vitamin-B3) serving Pharmaceutical, Nutrition, Agrochemical, Consumer, Semiconductor and Industrial customers globally.

jubilantbhartia.com
4Agri & Consumer Products Revenue
TypeHardware Sales
Description

Jubilant Agri and Consumer Products Limited earns revenue from fertilizers (SSP), Crop Nutrition, Crop Growth Regulators, adhesives (Jivanjor brand - 2nd largest in India), wood finishes (Charmwood, Ultra Italia), food polymers, and latex products (VP Latex - #1 in India, #2 globally).

jubilantbhartia.com
5Beverages Revenue
TypeTransaction Fee
Description

Jubilant Beverages Limited through its 40% stake in Hindustan Coca-Cola Holdings generates revenue from manufacturing, producing, selling, distributing and bottling of beverages, aerated waters, soft drinks, concentrates and fruit juices.

jubilantbhartia.com
6Services Revenue
TypeProfessional Services
Description

Jubilant Enpro provides services in Aerospace, Power & Infrastructure and Offshore support sectors through partnerships with international companies including Bell Helicopter, Textron Aviation, Transocean, and DOF.

jubilantbhartia.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels6 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
GTM typeB2B and B2C
B2B and B2C
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 14 records shown
1Jubilant Pharmova
Description

Global integrated pharmaceutical company involved in Radiopharma, Allergy Immunotherapy, CDMO Sterile Injectables, CRDMO, Generics and Proprietary Novel Drugs

jubilantbhartia.com
+13 more records
Core offering1 text field

Jubilant Bhartia Group is a diversified Indian conglomerate operating across pharmaceuticals, specialty chemicals, life science ingredients, agri products, performance polymers, food services (QSR), automotive retail, aerospace and oilfield services, and consumer food brands. The group manufactures and sells pharmaceuticals, radiopharmaceuticals, pyridine-based specialty chemicals, agrochemicals/SSP fertilizers, and wood finishes, while also running Domino's Pizza, Dunkin', Popeyes, and Hong's Kitchen franchises in India through Jubilant FoodWorks.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 5 values shown
  • 72% market share in India's chained pizza market
+4 more records
Product overview1 text field

Jubilant Bhartia Group is a diversified Indian conglomerate with four flagship listed companies operating across multiple sectors. Jubilant Pharmova Limited leads in pharmaceuticals with radiopharma, allergy immunotherapy, CDMO sterile injectables, generics, and proprietary novel drugs. Jubilant Ingrevia Limited is a global specialty chemicals and CDMO player with 130+ products. Jubilant FoodWorks Limited operates as the master franchisee for Domino's Pizza and Dunkin' Donuts in India. Jubilant Industries Limited focuses on agri products and performance polymers through its subsidiary JACPL. Additional businesses include auto retail (Jubilant MotorWorks), aerospace and services (Jubilant Enpro), food products (Jubilant Consumer), beverages (Jubilant Beverages Limited), and CSR initiatives (Jubilant Bhartia Foundation). The group has a global workforce of around 46,000 employees.

Product and service14 records
1Radiopharmaceuticals and Allergy Immunotherapy Products
CategoryPharmaceuticals
2CDMO Sterile Injectables and CRDMO Services
CategoryPharmaceutical Contract Services
3Pyridine, Picolines and Acetic Anhydride
CategorySpecialty Chemicals
4Vitamin B3 (Niacin) and Niacinamide
CategoryLife Science Ingredients
5Domino's Pizza India
CategoryQuick Service Restaurants
6Dunkin' Donuts and Restaurants India
CategoryQuick Service Restaurants
7Popeyes and Hong's Kitchen Restaurants
CategoryQuick Service Restaurants
8SSP Fertilizers and Crop Nutrition Products
CategoryAgri Products
9JIVANJOR and Charmwood Wood Finishes
CategoryPerformance Polymers
10Audi and MG Motor Dealerships (The Cars Collective)
CategoryAutomotive Retail
11Aerospace Manufacturing and MRO Services
CategoryAerospace Services
12Offshore Oilfield and Power Infrastructure Services
CategoryEnergy Services
13Fresh Finds and GoGourmet Consumer Food Brands
CategoryConsumer Foods
14Beverages and Bottling (Hindustan Coca-Cola Holdings)
CategoryBeverages
Scale indicator11 records

Each record includes

Type, Value, Description, Source

Partnership8 partners
Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2026-02-28
Description

Jubilant Bhartia Foundation and McGill University signed an MoU to establish an AI Centre of Excellence in India, focused on education and research. The initiative aims to address India's AI talent gap amid rapid digital economy growth and AI adoption across various sectors. The centre will offer a Master's program and serve as a research hub.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-07-01
Description

Jubilant Bhartia Group acquired a 40% stake in Hindustan Coca-Cola Holdings (HCCH) for nearly Rs 12,500 crore in July 2025. Jubilant Beverages Limited was established in October 2024 to carry on the business of beverage manufacturing, producing, selling, distributing and bottling. This represents a strategic entry into the beverages sector.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Jubilant Bhartia Foundation and Schwab Foundation for Social Entrepreneurship jointly recognize Social Entrepreneur of the Year - India award to promote social entrepreneurship in India.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Jubilant FoodWorks is the exclusive master franchisee for Domino's Pizza brand in India, Nepal, Bangladesh and Sri Lanka, operating 2,079 restaurants across 447 cities as of September 2024.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Jubilant FoodWorks holds exclusive rights for developing and operating Dunkin' Donuts brand in India with 32 restaurants across 12 cities as of September 2024.

Strategic tierMinorTypeChannel Partner/ Reseller/ Distributor
Description

Jubilant Enpro is the sole authorized Independent Representative of Bell Helicopter in India for sales, marketing and customer support.

Strategic tierMinorTypeChannel Partner/ Reseller/ Distributor
Description

Jubilant Enpro is a channel partner for sales and marketing of Cessna Citation, Cessna Caravan and Beechcraft aircraft product range.

Strategic tierFlagshipTypeStrategic or Co-development Partner
Description

Hari S Bhartia, Co-Chairman of Jubilant Bhartia Group, was among seven Indian CEOs invited to meet with US President Donald Trump at the World Economic Forum in Davos, highlighting India's growing corporate presence and US-India business relations.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Listed Indian agrochemicals and specialty chemicals company with strong CSM (custom synthesis manufacturing) business serving global innovators. Comparable to Jubilant Ingrevia's agrochemical and specialty CDMO operations.

TypeDirect peer
Description

Master franchisee for KFC and Pizza Hut in India, directly comparable to Jubilant FoodWorks as a listed Indian QSR operator running master franchise rights for global brands with a focus on home delivery.

TypeDirect peer
Description

Listed Indian pharmaceutical company with global generics, API, and biosimilars businesses. Comparable to Jubilant Pharmova as a globally integrated Indian pharma company serving regulated markets with manufacturing and CDMO capabilities.

TypeDirect peer
Description

Listed Indian specialty chemicals manufacturer with strong positions in fluorochemicals, packaging films, and technical textiles. Comparable to Jubilant Ingrevia as an Indian specialty chemicals player serving global pharma and industrial customers.

TypeBroad incumbent
Description

Indian conglomerate with businesses in consumer products (Godrej Consumer Products), agrochemicals (Godrej Agrovet), and real estate. Comparable as a diversified, founder-led Indian group with overlapping consumer products and chemicals exposure.

TypeDirect peer
Description

Listed PepsiCo India bottler and largest Indian beverage franchise operator. Directly comparable to Jubilant Beverages' HCCH stake as a capital-intensive Indian bottling/distribution platform for global beverage brands.

TypeBroad incumbent
Description

India's largest private-sector conglomerate spanning petrochemicals, retail, digital services, and Jio platforms. Comparable as a diversified Indian conglomerate with overlapping consumer-facing and chemicals businesses, though at substantially greater scale.

TypeBroad incumbent
Description

Historic Indian conglomerate with businesses across Tata Chemicals, Tata Motors (including Jaguar Land Rover), Tata Consumer Products, and Titan. Comparable as a diversified Indian group with multi-listed structure and global operating footprint.

TypeDirect peer
Description

Listed Indian operator of Burger King and Popeyes franchises in India and other South Asian markets. Directly comparable to Jubilant FoodWorks on master-franchise QSR model and overlapping Popeyes rights in India.

TypeBroad incumbent
Description

Indian conglomerate with significant overlap in chemicals (Aditya Birla Chemicals, Grasim Industries), metals, cement, and fashion retail. Comparable as a diversified Indian group with global specialty chemicals exposure.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers7 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment7 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile6 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI capability1 record

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries16 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment4 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Jubilant Bhartia Group

Diversified Industrial Conglomeratejubilantbhartia.com

Jubilant Bhartia Group is a privately held Indian conglomerate founded by the Bhartia brothers, operating through four listed subsidiaries in pharmaceuticals, specialty chemicals, food services (QSR), and agri products, with a recent expansion into Coca-Cola beverage bottling and global manufacturing operations spanning ~46,000 employees.

What Jubilant Bhartia Group does

Jubilant Bhartia Group is a privately held, founder-controlled Indian conglomerate headquartered in Noida, Uttar Pradesh. Founded by Shyam S Bhartia and Hari S Bhartia, the group operates across pharmaceuticals, specialty chemicals and CDMO, food services (QSR), agri products and performance polymers, services (aerospace, power & infrastructure, offshore), auto retail, food, and beverages. It employs approximately 46,000 people globally and operates through four flagship listed subsidiaries (Jubilant Pharmova, Jubilant Ingrevia, Jubilant FoodWorks, and Jubilant Industries) alongside unlisted adjacent businesses including Jubilant Enpro, Jubilant MotorWorks, Jubilant Consumer, and the recently formed Jubilant Beverages Limited.

The group's core revenue engines are Jubilant FoodWorks, which holds exclusive master franchise rights for Domino's Pizza (2,079 restaurants across 447 cities in India as of September 2024), Dunkin' Donuts, Hong's Kitchen, and Popeyes across India and select South Asian markets; Jubilant Pharmova, a global integrated pharma company operating in radiopharma (46 US radio-pharmacies), allergy immunotherapy, CDMO sterile injectables, CRDMO, generics, and proprietary novel drugs across six regulated-market manufacturing facilities; Jubilant Ingrevia, which is globally #1 in Pyridine and 11 Pyridine derivatives with 50 plants across 5 manufacturing facilities and a 130+ product portfolio serving pharma, nutrition, agrochemical, semiconductor and industrial customers; and Jubilant Industries' agri/consumer business featuring JIVANJOR adhesives (#2 in India) and VP Latex (#1 in India, #2 globally). Revenue mechanics combine franchise royalties and direct restaurant sales (QSR), regulated-market pharma manufacturing and licensing, specialty chemicals direct sales, and distributor/wholesale agri products.

In 2024–2025 the group executed a major strategic expansion by establishing Jubilant Beverages Limited and acquiring a 40% stake in Hindustan Coca-Cola Holdings for approximately Rs 12,500 crore in July 2025, entering India's beverage bottling and distribution business under a joint-ownership arrangement with The Coca-Cola Company. The group is also investing in AI capability, having entered the World Economic Forum's Global Lighthouse Network in 2024 for 4IR/AI-enabled manufacturing at Jubilant Ingrevia and signing an MoU with McGill University in February 2026 to establish an AI Centre of Excellence in India.

Jubilant Bhartia Group firmographics

Firmographics
Name
Jubilant Bhartia Group
Legal name
Jubilant Bhartia Group
Website
https://jubilantbhartia.com
Company type
Private
Founded year
1957
Operating status
Operating
Headcount range
5,001–10,000 employees
Short description
Jubilant Bhartia Group is a privately held Indian conglomerate founded by the Bhartia brothers, operating through four listed subsidiaries in pharmaceuticals, specialty chemicals, food services (QSR), and agri products, with a recent expansion into Coca-Cola beverage bottling and global manufacturing operations spanning ~46,000 employees.
Ownership category
akta.pro rank

Jubilant Bhartia Group industry classification

Industry
Product category
Diversified Industrial Conglomerate
NAICS
Beverage Manufacturing (3121), Soft Drink Manufacturing (312111), Food Manufacturing (311)
SIC
Beverages (2080), Food And Kindred Products (2000), Medicinal Chemicals & Botanical Products (2833)
akta.pro primary industry
Non-Carbonated Soft Drinks (Juice Drinks, Lemonades, Fruit Drinks) (CRADAHAB)

Keywords

  • Pharmaceutical manufacturing
  • Specialty chemicals
  • Quick service restaurants
  • Agrochemical products
  • Aerospace services

Where Jubilant Bhartia Group is headquartered

Location

Headquarters

HQ city
Noida
HQ country
India
HQ region
Asia

Offices4 records

Markets served

Jubilant Bhartia Group business model

Business model
GTM type
B2B and B2C
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. Food Services (QSR) Revenue: Jubilant FoodWorks generates revenue through Domino's Pizza, Dunkin' Donuts, Hong's Kitchen, and Popeyes restaurants operating as master franchisee. Revenue comes from restaurant sales to consumers across 447 cities with 2,079 Domino's, 32 Dunkin' Donuts, 34 Hong's Kitchen, and 54 Popeyes restaurants as of September 2024.
  2. Pharmaceuticals Revenue: Jubilant Pharmova earns revenue through multiple streams: Radiopharma (46 radio-pharmacies in US), Allergy Immunotherapy (US and international markets), CDMO Sterile Injectables, Contract Research Development Services, Generics manufacturing and sales, and Proprietary Novel Drugs development.
  3. Specialty Chemicals & CDMO Revenue: Jubilant Ingrevia generates revenue through specialty chemicals manufacturing (Pyridine, Picolines, Acetic Anhydride, Vitamin-B3) serving Pharmaceutical, Nutrition, Agrochemical, Consumer, Semiconductor and Industrial customers globally.
  4. Agri & Consumer Products Revenue: Jubilant Agri and Consumer Products Limited earns revenue from fertilizers (SSP), Crop Nutrition, Crop Growth Regulators, adhesives (Jivanjor brand - 2nd largest in India), wood finishes (Charmwood, Ultra Italia), food polymers, and latex products (VP Latex - #1 in India, #2 globally).
  5. Beverages Revenue: Jubilant Beverages Limited through its 40% stake in Hindustan Coca-Cola Holdings generates revenue from manufacturing, producing, selling, distributing and bottling of beverages, aerated waters, soft drinks, concentrates and fruit juices.
  6. Services Revenue: Jubilant Enpro provides services in Aerospace, Power & Infrastructure and Offshore support sectors through partnerships with international companies including Bell Helicopter, Textron Aviation, Transocean, and DOF.

Go-to-market motion5 records

Distribution channels6 records

Marketing channels4 records

Jubilant Bhartia Group product offering

Product offering

Core offering

Jubilant Bhartia Group is a diversified Indian conglomerate operating across pharmaceuticals, specialty chemicals, life science ingredients, agri products, performance polymers, food services (QSR), automotive retail, aerospace and oilfield services, and consumer food brands. The group manufactures and sells pharmaceuticals, radiopharmaceuticals, pyridine-based specialty chemicals, agrochemicals/SSP fertilizers, and wood finishes, while also running Domino's Pizza, Dunkin', Popeyes, and Hong's Kitchen franchises in India through Jubilant FoodWorks.

Product overview

Jubilant Bhartia Group is a diversified Indian conglomerate with four flagship listed companies operating across multiple sectors. Jubilant Pharmova Limited leads in pharmaceuticals with radiopharma, allergy immunotherapy, CDMO sterile injectables, generics, and proprietary novel drugs. Jubilant Ingrevia Limited is a global specialty chemicals and CDMO player with 130+ products. Jubilant FoodWorks Limited operates as the master franchisee for Domino's Pizza and Dunkin' Donuts in India. Jubilant Industries Limited focuses on agri products and performance polymers through its subsidiary JACPL. Additional businesses include auto retail (Jubilant MotorWorks), aerospace and services (Jubilant Enpro), food products (Jubilant Consumer), beverages (Jubilant Beverages Limited), and CSR initiatives (Jubilant Bhartia Foundation). The group has a global workforce of around 46,000 employees.

Differentiator

Problem solved

Functional benefit

Brands

  • Jubilant Pharmova: Global integrated pharmaceutical company involved in Radiopharma, Allergy Immunotherapy, CDMO Sterile Injectables, CRDMO, Generics and Proprietary Novel Drugs
  • Jubilant Ingrevia
  • Jubilant FoodWorks
  • Jubilant Industries
  • Jubilant Enpro
  • Jubilant MotorWorks
  • Jubilant Bhartia Foundation
  • Domino's Pizza
  • Dunkin' Donuts
  • Hong's Kitchen
  • Popeyes
  • Jubilant Beverages Limited (JBVL)
  • Fresh Finds
  • GoGourmet

Products and services

  • Radiopharmaceuticals and Allergy Immunotherapy Products
  • CDMO Sterile Injectables and CRDMO Services
  • Pyridine, Picolines and Acetic Anhydride
  • Vitamin B3 (Niacin) and Niacinamide
  • Domino's Pizza India
  • Dunkin' Donuts and Restaurants India
  • Popeyes and Hong's Kitchen Restaurants
  • SSP Fertilizers and Crop Nutrition Products
  • JIVANJOR and Charmwood Wood Finishes
  • Audi and MG Motor Dealerships (The Cars Collective)
  • Aerospace Manufacturing and MRO Services
  • Offshore Oilfield and Power Infrastructure Services
  • Fresh Finds and GoGourmet Consumer Food Brands
  • Beverages and Bottling (Hindustan Coca-Cola Holdings)

Quantifiable outcome

  • 72% market share in India's chained pizza market
  • +4 more outcomes

Companies that use Jubilant Bhartia Group

Customer profile

Named customers7 records

Segments7 records

Ideal customer profiles6 records

Jubilant Bhartia Group technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature4 records

Jubilant Bhartia Group partnerships and signals

Strategic signal

Partnerships

Eight partnerships are on record, tiered flagship, core and minor.

  • McGill UniversityflagshipStrategic or Co-development Partner · 28 February 2026Jubilant Bhartia Foundation and McGill University signed an MoU to establish an AI Centre of Excellence in India, focused on education and research. The initiative aims to address India's AI talent gap amid rapid digital economy growth and AI adoption across various sectors. The centre will offer a Master's program and serve as a research hub.
  • Coca-Cola / Hindustan Coca-Cola HoldingscoreStrategic or Co-development Partner · 1 July 2025Jubilant Bhartia Group acquired a 40% stake in Hindustan Coca-Cola Holdings (HCCH) for nearly Rs 12,500 crore in July 2025. Jubilant Beverages Limited was established in October 2024 to carry on the business of beverage manufacturing, producing, selling, distributing and bottling. This represents a strategic entry into the beverages sector.
  • Schwab Foundation for Social EntrepreneurshipcoreStrategic or Co-development PartnerJubilant Bhartia Foundation and Schwab Foundation for Social Entrepreneurship jointly recognize Social Entrepreneur of the Year - India award to promote social entrepreneurship in India.
  • Domino's Pizza (Yum! Brands)coreChannel Partner/ Reseller/ DistributorJubilant FoodWorks is the exclusive master franchisee for Domino's Pizza brand in India, Nepal, Bangladesh and Sri Lanka, operating 2,079 restaurants across 447 cities as of September 2024.
  • Dunkin' Donuts Franchising LLCcoreChannel Partner/ Reseller/ DistributorJubilant FoodWorks holds exclusive rights for developing and operating Dunkin' Donuts brand in India with 32 restaurants across 12 cities as of September 2024.
  • Bell HelicopterminorChannel Partner/ Reseller/ DistributorJubilant Enpro is the sole authorized Independent Representative of Bell Helicopter in India for sales, marketing and customer support.
  • Textron AviationminorChannel Partner/ Reseller/ DistributorJubilant Enpro is a channel partner for sales and marketing of Cessna Citation, Cessna Caravan and Beechcraft aircraft product range.
  • US Government / White HouseflagshipStrategic or Co-development PartnerHari S Bhartia, Co-Chairman of Jubilant Bhartia Group, was among seven Indian CEOs invited to meet with US President Donald Trump at the World Economic Forum in Davos, highlighting India's growing corporate presence and US-India business relations.

Scale indicators11 records

Recent moves6 records

Expansion highlights4 records

Jubilant Bhartia Group competitors and assessment

Company assessment

Direct peers

  • PI Industries: Listed Indian agrochemicals and specialty chemicals company with strong CSM (custom synthesis manufacturing) business serving global innovators. Comparable to Jubilant Ingrevia's agrochemical and specialty CDMO operations.
  • Devyani International: Master franchisee for KFC and Pizza Hut in India, directly comparable to Jubilant FoodWorks as a listed Indian QSR operator running master franchise rights for global brands with a focus on home delivery.
  • Dr. Reddy's Laboratories: Listed Indian pharmaceutical company with global generics, API, and biosimilars businesses. Comparable to Jubilant Pharmova as a globally integrated Indian pharma company serving regulated markets with manufacturing and CDMO capabilities.
  • SRF Limited: Listed Indian specialty chemicals manufacturer with strong positions in fluorochemicals, packaging films, and technical textiles. Comparable to Jubilant Ingrevia as an Indian specialty chemicals player serving global pharma and industrial customers.
  • Varun Beverages: Listed PepsiCo India bottler and largest Indian beverage franchise operator. Directly comparable to Jubilant Beverages' HCCH stake as a capital-intensive Indian bottling/distribution platform for global beverage brands.
  • Restaurant Brands Asia: Listed Indian operator of Burger King and Popeyes franchises in India and other South Asian markets. Directly comparable to Jubilant FoodWorks on master-franchise QSR model and overlapping Popeyes rights in India.

Broad incumbents

  • Godrej Group: Indian conglomerate with businesses in consumer products (Godrej Consumer Products), agrochemicals (Godrej Agrovet), and real estate. Comparable as a diversified, founder-led Indian group with overlapping consumer products and chemicals exposure.
  • Reliance Industries: India's largest private-sector conglomerate spanning petrochemicals, retail, digital services, and Jio platforms. Comparable as a diversified Indian conglomerate with overlapping consumer-facing and chemicals businesses, though at substantially greater scale.
  • Tata Group: Historic Indian conglomerate with businesses across Tata Chemicals, Tata Motors (including Jaguar Land Rover), Tata Consumer Products, and Titan. Comparable as a diversified Indian group with multi-listed structure and global operating footprint.
  • Aditya Birla Group: Indian conglomerate with significant overlap in chemicals (Aditya Birla Chemicals, Grasim Industries), metals, cement, and fashion retail. Comparable as a diversified Indian group with global specialty chemicals exposure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

Jubilant Bhartia Group social profiles

Digital presence

Jubilant Bhartia Group financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Jubilant Bhartia Group leadership team

Management profile

Number of profiles

Profiles3 records

Jubilant Bhartia Group subsidiaries and ownership

Company hierarchy

Subsidiaries16 records

Jubilant Bhartia Group funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Jubilant Bhartia Group M&A and investment

M&A and investment

M&A

Investments4 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Jubilant Bhartia Group

What does Jubilant Bhartia Group do?

Jubilant Bhartia Group is a diversified Indian conglomerate operating across pharmaceuticals, specialty chemicals, life science ingredients, agri products, performance polymers, food services (QSR), automotive retail, aerospace and oilfield services, and consumer food brands. The group manufactures and sells pharmaceuticals, radiopharmaceuticals, pyridine-based specialty chemicals, agrochemicals/SSP fertilizers, and wood finishes, while also running Domino's Pizza, Dunkin', Popeyes, and Hong's Kitchen franchises in India through Jubilant FoodWorks.

Is Jubilant Bhartia Group a public or private company?

Jubilant Bhartia Group is a private company. It is classified as family owned and is currently operating.

When was Jubilant Bhartia Group founded?

Jubilant Bhartia Group was founded in 1957. It employs 5,001 to 10,000 people.

Where is Jubilant Bhartia Group based?

Jubilant Bhartia Group is headquartered in Noida, India, in the Asia region.

How does Jubilant Bhartia Group make money?

Six revenue lines are on record. Food Services (QSR) Revenue is the primary driver. The others are pharmaceuticals Revenue, specialty Chemicals & CDMO Revenue, agri & Consumer Products Revenue, beverages Revenue and services Revenue.

Who are Jubilant Bhartia Group's main competitors?

Direct peers on record are PI Industries, Devyani International, Dr. Reddy's Laboratories, SRF Limited, Varun Beverages and Restaurant Brands Asia. Broad incumbents are Godrej Group, Reliance Industries, Tata Group and Aditya Birla Group.

Does Jubilant Bhartia Group have an API?

No public API is recorded for Jubilant Bhartia Group.

What industry is Jubilant Bhartia Group in?

Jubilant Bhartia Group's product category is Diversified Industrial Conglomerate. Its primary akta.pro industry code is CRADAHAB, Non-Carbonated Soft Drinks (Juice Drinks, Lemonades, Fruit Drinks). Its NAICS code is 3121 and its SIC code is 2080.

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BusinessLinePunchy valuations fuel consumer M&A boomRothschild & Co's Subhakanta Bal, Managing Director and Head of Healthcare and Consumer (India), reports a clear uptick in M&A activity within India's consumer sector, driven by strong interest from both private equity funds and strategic investors, including international players. The firm is actively advising on transactions such as Coca-Cola's divestment of a 40% stake in Hindustan Coca-Cola Beverages (HCCB) to Jubilant Bhartia Group and exploring a potential public listing of HCCB in India. Bal notes that consumer sector valuations have been "punchy" over the past 2-3 years, with robust deal activity in food and beverage, beauty and personal care, and B2B consumer segments, while also observing a growing trend of MNC companies listing their Indian subsidiaries.PressinsiderCoca-Cola seeks bankers for $1 billion India bottler IPO: reportCoca-Cola has invited investment banks to pitch for roles on the planned IPO of its Indian bottling business, Hindustan Coca-Cola Beverages, with the listing potentially raising about $1 billion and valuing the business at approximately $10 billion. Banker presentations are scheduled in London next week, with Rothschild & Co. advising on the transaction, which could list on the BSE and National Stock Exchange in 2027 pending regulatory approvals. The proposed IPO represents the next step in Coca-Cola's refranchising strategy in India, where Jubilant Bhartia Group acquired a 40% stake in Hindustan Coca-Cola Holdings in July 2025.BW DisruptCoca-Cola Eyes $1 Bn IPO For Indian Bottling Unit: ReportCoca-Cola is planning to raise approximately $1 billion through an IPO of its Indian bottling unit Hindustan Coca-Cola Holdings (HCCH), targeting a valuation of about $10 billion for the bottling arm, with the listing expected on Indian exchanges in 2027. Jubilant Bhartia Group, which acquired a 40% stake in HCCH in July 2025, will continue as the bottler's leadership following the listing. The IPO would complete the refranchising of HCCH and position the company to capitalize on growth opportunities in the Indian market, where it operates 14 bottling plants across 10 states.BW DisruptCoca-Cola Eyes 2027 India Listing For Bottling Arm; Plans Partial Stake SaleThe Coca-Cola Company is exploring a potential public listing of its Indian bottling business, Hindustan Coca-Cola Holdings (HCCH), in 2027, with plans to dilute a portion of its shareholding on the BSE and NSE. The proposed IPO follows the sale of a 40 per cent stake in HCCH to Jubilant Bhartia Group in July 2025 and would represent the final stage of Coca-Cola's refranchising process for its Indian bottling operations. Coca-Cola has appointed Rothschild & Co as adviser for the listing and intends to remain invested in the business while focusing on expanding its brand portfolio in India.Simply Wall StThe Bull Case For Coca-Cola (KO) Could Change Following Planned India Bottler IPO Move – Learn WhyThe Coca-Cola Company announced it is exploring a 2027 public listing in India of Hindustan Coca-Cola Holdings, its main local bottling parent, and may sell part of its stake as it completes refranchising in the country. Jubilant Bhartia Group previously purchased a 40% stake in the bottler, underscoring Coca-Cola's push toward an asset-light bottling structure in a key growth market. The article notes this planned IPO reinforces Coca-Cola's existing asset-light narrative but does not materially alter the near-term outlook, where execution on pricing and managing health regulatory scrutiny remain key factors.YahooThe Coca-Cola (KO) Explores Potential Listing in India of Hindustan Coca-Cola Holdings Pvt. Ltd.The Coca-Cola Company announced on June 1 that it is exploring a potential public listing in India of Hindustan Coca-Cola Holdings Pvt. Ltd. (HCCH) on BSE and NSE in 2027, while also assessing the sale of a portion of its shareholding. The listing, subject to market conditions and regulatory approvals, is expected to complete the refranchising of HCCH and position it to benefit from the broader Indian market. This follows Jubilant Bhartia Group's acquisition of a 40% stake in HCCH in July 2025.The Times of IndiaCoca-Cola uncaps IPO plans for India bottling business, eyes 2027 listing - The Economic TimesThe Coca-Cola Company announced plans to list its India bottling business, Hindustan Coca-Cola Holdings (HCCH), on the BSE and NSE in 2027, with an IPO expected to raise over $1 billion at a valuation exceeding $10 billion. The Atlanta-based beverages company will retain a significant stake following the listing, which comes less than a year after selling 40% of HCCH to the Jubilant Bhartia Group for nearly Rs 12,500 crore. HCCB, which operates 14 bottling plants across 10 states and employs 5,000 people, reported ₹12,751 crore in revenue for FY25, with net profit declining 73% year-on-year to ₹757 crore.MarketBeatCoke's $10B India IPO Plan Pops the Top on Hidden ValueCoca-Cola plans a 2027 IPO of its Indian bottling unit Hindustan Coca-Cola Holdings (HCCH), aiming to raise over $1 billion at a valuation north of $10 billion. The move would shift Coke from owning bottling assets to a brand and concentrate supplier, with HCCH trading at a lower multiple than rival Varun Beverages.YahooThe Coca-Cola Company readies listing of India bottlerThe Coca-Cola Company is preparing for a potential public listing in India of Hindustan Coca-Cola Holdings (HCCH), the parent of its biggest bottling partner Hindustan Coca-Cola Beverages (HCCB), with early work underway for a flotation on India's BSE and NSE exchanges possibly next year. The beverage giant also plans to sell part of its stake in HCCH as part of the listing, following Jubilant Bhartia Group's acquisition of a 40% stake last July, and has appointed Rothschild & Co as adviser on the potential listing. The company stated the listing will mark a "significant milestone" positioning the business to capitalize on opportunities in the Indian market, with HCCB operating 14 plants across ten Indian states.good returnsWarren Buffett's Largest Beverage Stock, Coca-Cola, Plans IPO Of Indian Bottling Unit On BSE, NSECoca-Cola is planning an IPO of its Indian bottling subsidiary Hindustan Coca-Cola Holdings (HCCH) on the BSE and NSE stock exchanges, targeting a listing by 2027 that could be worth up to $10 billion. The American beverage company currently holds about 60% stake in HCCH, while Jubilant Bhartia Group owns the remaining 40% after acquiring it in 2025. HCCB operates 14 bottling plants across 10 Indian states, reaching over 1.7 million customers through more than 2,000 distributors, and recorded Rs 50 billion ($526 million) in sales for the 2024-25 financial year.