Westlife Foodworld Ltd
WESTLIFE NSE
Westlife Foodworld Ltd
Leisure ServicesNSE: WESTLIFE BSE: 505533 Quick Service Restaurant
Key Fundamentals
MicrocapQuick Service RestaurantLeisure ServicesMarket Cap
₹9,125 Cr
Volatility
Moderate
P/E Ratio
288.11
EBITDA
₹368 Cr
Return on Equity
5.22%
Debt to Equity
2.92
Book Value
₹39.7
EPS
₹2.8
52W High
₹775
52W Low
₹398.4
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Westlife Foodworld Ltd insights
42 extracted metrics + investor summaries across FY11–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
1- Company has been maintaining a healthy dividend payout of 70.1%
Weaknesses
3- Stock is trading at 14.6 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of 3.27% over last 3 years.
Growth Rate
Revenue Growth
5.62% ↘
Net Income Growth
166.94% ↗
Cash Flow Change
2.06% ↗
ROE
159.70% ↗
ROCE
27.35% ↗
EBITDA Margin (Avg.)
1.24% ↘
AI Analysis — Bull vs Bear
anthropic claude-opus-4.6 18d agoAI opinion · based on fundamentals
Risk high
Westlife Foodworld, the exclusive McDonald's franchise operator in West and South India, trades at a PE of ~240x with a market cap of ₹7,641 Cr. FY25 profit after tax fell sharply to ₹11.5 Cr from ₹68.5 Cr in FY24, while TTM revenue grew only 7%. The stock has declined 33% over the past year, though the company continues to expand its store network (438 restaurants across 69 cities as of March 2025, targeting 580-630 by December 2027).
Bull Case 8
- Strong brand moat as exclusive McDonald's franchisee for West and South India with 438 restaurants across 69 cities as of FY25, providing significant scale advantages
- Aggressive store expansion — 47 new restaurants opened in FY25 and targeting 580-630 restaurants by December 2027, representing ~35-44% network growth from current base
- Q1 FY27 revenue grew 12% YoY to ₹7.36 billion with same-store sales growth of 4.3% and double-digit guest count growth, signalling recovery from prior weakness
- Digital sales mix at 74% of total revenue with 55 million app downloads and 3.7 million monthly active users, driving operational efficiency and customer retention
- 10-year compounded sales CAGR of 12% demonstrates long-term topline growth trajectory despite recent slowdown
- Gross margins held steady at 67.6% in Q1 FY27, absorbing over 200 basis points of food inflation without margin compression
- Achieved 100 drive-thru locations in FY25, diversifying revenue channels across on-premise (up 12% in Q1 FY27) and off-premise (up 11%)
- Healthy dividend payout ratio of 1,216% indicating willingness to return capital to shareholders despite earnings pressure
Bear Case 8
- PE ratio of 239.7x is extremely elevated, reflecting a severe earnings decline — FY25 PAT collapsed to ₹11.5 Cr from ₹68.5 Cr in FY24, an 83% drop
- TTM compounded profit decline of -187% and 3-year profit CAGR of -64% show sustained earnings deterioration
- Stock has declined 33% in the past year and 20% CAGR over 3 years, reflecting significant value erosion for shareholders
- Return on equity of just 1% in the last year and 3-year average of ~5% indicates poor capital efficiency relative to the 12.3x price-to-book multiple
- Low interest coverage ratio signals elevated financial risk from debt obligations amid falling profitability
- Royalty rate increasing from 4.5% in FY24 to 5.5% by FY27 will structurally compress margins by ~100 basis points annually
- 5-year stock CAGR of -3% versus 5-year sales CAGR of 22% shows revenue growth has not translated into shareholder returns
- Same-store sales growth was negative for four consecutive quarters before Q3 FY25, indicating underlying demand weakness in existing locations
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 16d ago Positives 3
- Q1FY27 revenue up 12% YoY Jul 30
Westlife Foodworld reported 12% YoY revenue growth to ₹7.36B in Q1FY27 with 4.3% same-store sales growth, driven by value-led strategy and strong digital adoption.
- Interim dividend declared Jul 31
Board declared ₹0.40 per share interim dividend with record date August 9, 2026, supported by consolidated net profit of ₹58.68 lakh on 11.86% revenue rise to ₹735.64 crore in Q1FY27.
- Food safety expert joins board Aug 2
Dr. Deepa Bhajekar appointed as independent director effective July 31, 2026 for a five-year term, bringing food safety expertise from founding MicroChem Silliker India and FSSAI committee service.
Neutral 5
- Promoter transfers shares to trust Jul 29
Achal Jatia transferred 29.74 lakh shares (1.91% voting capital) to Starlight Trust via off-market inter-se transfer on July 28, 2026. Overall promoter group stake unchanged at 56.40%.
- 43rd AGM set for Aug 26 Jul 30
Annual General Meeting scheduled for August 26, 2026 via video conference with remote e-voting facility for shareholders.
- Insider trading code updated Jul 30
Amended Code of Fair Disclosure and Insider Trading prevention adopted July 30, 2026, covering Westlife Foodworld and subsidiary Hardcastle Restaurants.
- Emkay Confluence 2026 participation Jul 31
Management to engage with analysts and institutional investors at Emkay Confluence 2026 on August 13, 2026 in an in-person group session.
- Q1FY27 earnings call uploaded Jul 30
Recording of earnings conference call for quarter ended June 30, 2026 made available on company website per SEBI LODR compliance.
TL;DR: Westlife Foodworld delivered a solid Q1FY27 with 12% revenue growth and 4.3% SSSG, signaling that its value-led and digital-first strategy is gaining traction. The board's confidence is reflected in the interim dividend declaration. No material headwinds emerged in recent news flow. The trend appears stable-to-improving, with upcoming investor engagement at Emkay and the AGM likely to provide further forward guidance.
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 615 | 615 | 600 | 562 | 616 | 618 | 654 | 603 | 658 | 642 | 671 | 655 | 736 |
| Expenses | 510 | 517 | 508 | 487 | 538 | 542 | 566 | 526 | 572 | 575 | 573 | 568 | 643 |
| Operating Profit | 104 | 98.22 | 92.02 | 74.93 | 78.62 | 76.02 | 88.14 | 77.04 | 85.32 | 67.15 | 97.51 | 86.87 | 92.93 |
| OPM % | 16.95% | 15.98% | 15.33% | 13.33% | 12.76% | 12.3% | 13.48% | 12.77% | 12.97% | 10.46% | 14.54% | 13.26% | 12.63% |
| Other Income | 5.28 | 3.3 | 4.7 | 5.18 | 5.11 | 6.47 | 2.94 | 9.95 | 6.8 | 63.5 | -2.27 | 6.49 | 6.59 |
| Interest | 26.01 | 27.38 | 28.12 | 28.21 | 29.83 | 31.57 | 32.92 | 32.82 | 35.43 | 36.29 | 36.98 | 36.79 | 38.77 |
| Depreciation | 42.85 | 43.94 | 45.5 | 49.94 | 49.38 | 50.21 | 51.67 | 52.84 | 55.03 | 57.4 | 56.24 | 57.53 | 59.96 |
| PBT | 40.58 | 30.2 | 23.1 | 1.96 | 4.52 | 0.71 | 6.49 | 1.33 | 1.66 | 36.96 | 2.02 | -0.96 | 0.79 |
| Tax % | 28.98% | 25.96% | 25.32% | 60.71% | 27.88% | 49.3% | -8.01% | -14.29% | 25.9% | 25% | 49.01% | -346.88% | 26.58% |
| Net Profit | 28.83 | 22.37 | 17.24 | 0.76 | 3.25 | 0.36 | 7.01 | 1.52 | 1.23 | 27.71 | 1.02 | 2.38 | 0.59 |
| EPS in Rs | 1.85 | 1.43 | 1.11 | 0.05 | 0.21 | 0.02 | 0.45 | 0.1 | 0.08 | 1.78 | 0.07 | 0.15 | 0.04 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 764 | 833 | 931 | 1,135 | 1,402 | 1,548 | 986 | 1,576 | 2,278 | 2,392 | 2,491 | 2,626 | 2,704 |
| Expenses | 745 | 786 | 881 | 1,050 | 1,277 | 1,329 | 925 | 1,379 | 1,896 | 2,015 | 2,162 | 2,281 | 2,359 |
| Operating Profit | 19 | 48 | 50 | 84 | 125 | 219 | 61 | 197 | 382 | 377 | 329 | 345 | 344 |
| OPM % | 2.5% | 6% | 5% | 7% | 9% | 14% | 6% | 13% | 17% | 16% | 13% | 13% | 13% |
| Other Income | 12 | 28 | 17 | 11 | 8 | -8 | 34 | 20 | 12 | 11 | 15 | 66 | 74 |
| Interest | 10 | 15 | 15 | 15 | 18 | 81 | 85 | 83 | 93 | 110 | 127 | 145 | 149 |
| Depreciation | 50 | 58 | 64 | 67 | 80 | 138 | 140 | 136 | 152 | 182 | 204 | 226 | 231 |
| PBT | -29 | 3 | -12 | 13 | 35 | -9 | -129 | -2 | 149 | 96 | 13 | 40 | 39 |
| Tax % | 0% | 8% | 0% | 0% | 39% | -16% | -23% | -19% | 25% | 28% | 7% | 18% | — |
| Net Profit | -29 | 3 | -12 | 13 | 21 | -7 | -99 | -2 | 112 | 69 | 12 | 32 | 32 |
| EPS in Rs | -1.87 | 0.18 | -0.78 | 0.83 | 1.37 | -0.47 | -6.38 | -0.11 | 7.16 | 4.44 | 0.78 | 2.07 | 2.04 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 48% | 78% | 96% | 36% | — |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 |
| Reserves | 502 | 507 | 496 | 511 | 553 | 546 | 450 | 431 | 535 | 557 | 572 | 588 |
| Borrowings | 134 | 150 | 190 | 184 | 234 | 966 | 968 | 1,055 | 1,203 | 1,363 | 1,623 | 1,805 |
| Other Liabilities | 105 | 150 | 162 | 203 | 206 | 220 | 274 | 281 | 330 | 335 | 381 | 406 |
| Total Liabilities | 773 | 838 | 880 | 929 | 1,024 | 1,763 | 1,724 | 1,798 | 2,099 | 2,286 | 2,608 | 2,830 |
| Fixed Assets | 464 | 502 | 531 | 554 | 595 | 1,409 | 1,284 | 1,362 | 1,623 | 1,817 | 2,051 | 2,252 |
| CWIP | 21 | 18 | 17 | 20 | 28 | 23 | 26 | 36 | 57 | 45 | 26 | 69 |
| Investments | 148 | 156 | 170 | 184 | 204 | 157 | 198 | 150 | 130 | 138 | 159 | 120 |
| Other Assets | 140 | 161 | 162 | 171 | 196 | 175 | 215 | 249 | 289 | 286 | 372 | 390 |
| Total Assets | 773 | 838 | 880 | 929 | 1,024 | 1,763 | 1,724 | 1,798 | 2,099 | 2,286 | 2,608 | 2,830 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 19 | 80 | 66 | 137 | 112 | 200 | 129 | 171 | 349 | 340 | 345 | 352 |
| Investing | -84 | -80 | -91 | -111 | -145 | -68 | -74 | -56 | -265 | -185 | -221 | -202 |
| Financing | 61 | 0 | 26 | -22 | 32 | -139 | -45 | -102 | -98 | -149 | -79 | -192 |
| Net Cash Flow | -5 | -1 | 0 | 4 | -1 | -7 | 10 | 12 | -15 | 6 | 45 | -42 |
| Free Cash Flow | -86 | 3 | -25 | 31 | -31 | 74 | 80 | 71 | 79 | 124 | 127 | 115 |
| CFO/OP | 98 | 168 | 131 | 165 | 92 | 99 | 207 | 90 | 103 | 101 | 107 | 106 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 2 | 2 | 2 | 2 | 3 | 1 | 3 | 3 | 2 | 3 | 3 | 2 |
| Inventory Days | 28 | 30 | 30 | 29 | 29 | 28 | 49 | 40 | 38 | 32 | 40 | 32 |
| Days Payable | 65 | 74 | 74 | 93 | 84 | 87 | 194 | 123 | 100 | 104 | 114 | 116 |
| Cash Conversion Cycle | -36 | -42 | -42 | -62 | -52 | -58 | -142 | -80 | -60 | -69 | -72 | -82 |
| Working Capital Days | -91 | -99 | -115 | -106 | -83 | -250 | -418 | -277 | -216 | -231 | -261 | -271 |
| ROCE % | -5% | -1% | -2% | 3% | 6% | 8% | -2% | 5% | 15% | 11% | 7% | 6% |
Documents
1
Recommendation Of Final Dividend By The Company''s Subsidiary I.E. Hardcastle Restaurants Private Limited
7 May - Hardcastle Restaurants recommends final dividend of Rs.72 per share for FY2025-26 on 7 May 2026. 7 May - Hardcastle Restaurants recommends final dividend of Rs.72 per share for FY2025-26 on 7 May 2026.
2
Grant Of ESOP Options By The Company
7 May - Granted 2,13,500 stock options to subsidiary employees, vesting over four years. 7 May - Granted 2,13,500 stock options to subsidiary employees, vesting over four years.
3
Submission Of Recording Of The Earnings Conference Call For The Quarter Ended 31St March 2026
7 May - Q4FY26 earnings conference call recording uploaded for quarter ended 31 March 2026. 7 May - Q4FY26 earnings conference call recording uploaded for quarter ended 31 March 2026.
4
Submission Of Recording Of The Earnings Conference Call For The Quarter Ended 31St March 2026.
7 May - Q4 FY26 earnings conference call recording uploaded on website for quarter ended 31 March 2026. 7 May - Q4 FY26 earnings conference call recording uploaded on website for quarter ended 31 March 2026.
5
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
23 Apr - Westlife Foodworld will announce Q4 FY26 results on May 7, 2026, followed by an 4:30 pm IST investor call. 23 Apr - Westlife Foodworld will announce Q4 FY26 results on May 7, 2026, followed by an 4:30 pm IST investor call.
Frequently Asked Questions about Westlife Foodworld Ltd
What does Westlife Foodworld Ltd do?
Westlife Development Limited focuses
on establishing and operating McDonald’s restaurants across West and South India,
through its wholly owned subsidiary
Hardcastle Restaurants Pvt Ltd[1]
Where is Westlife Foodworld Ltd (WESTLIFE) listed?
Westlife Foodworld Ltd is listed on the Indian stock exchanges. It is listed on NSE: WESTLIFE and BSE: 505533. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Westlife Foodworld Ltd belong to?
Westlife Foodworld Ltd operates in the Leisure Services sector within the Quick Service Restaurant industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Westlife Foodworld Ltd?
Westlife Foodworld Ltd has a market capitalisation of approximately ₹9125.38 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Westlife Foodworld Ltd?
The Price-to-Earnings (PE) ratio of Westlife Foodworld Ltd is 288.11. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Westlife Foodworld Ltd?
Over the past 52 weeks, Westlife Foodworld Ltd has traded between a low of ₹398.4 and a high of ₹775. This range helps investors understand the stock's price volatility and recent trading levels.
Does Westlife Foodworld Ltd pay dividends?
Yes, Westlife Foodworld Ltd has a dividend yield of 0.07%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Westlife Foodworld Ltd?
Westlife Foodworld Ltd has a Return on Equity (ROE) of 5.22%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Westlife Foodworld Ltd on Tapetide?
On Tapetide, you can view Westlife Foodworld Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Westlife Development Limited focuses on establishing and operating McDonald’s restaurants across West and South India, through its wholly owned subsidiary Hardcastle Restaurants Pvt Ltd[1]
Website westlife.co.in
CEO Mr. Akshay Amit Jatia
Employees 11,144
Listed 2023-06-05
Face Value ₹ 2
Issued Size 15,56,43,850