Westlife Foodworld Ltd - Stock Valuation and Financial Performance

BSE: 505533 | NSE: WESTLIFE | Restaurants | Small Cap

Westlife Development Share Price

928 51.50 5.88%
as on 27-Sep'24 16:01

DeciZen - make an informed investing decision on Westlife Development

Overall Rating
Bole Toh

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Westlife Foodworld stock performance -

mw4me loader
P/E Ratio (CD):
332.23
Market Cap:
14,496.6 Cr.
52-wk low:
701.1
52-wk high:
994.8

Is Westlife Foodworld Ltd an attractive stock to invest in?

1. Is Westlife Foodworld Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Westlife Foodworld Ltd is a average quality company.

2. Is Westlife Foodworld Ltd undervalued or overvalued?

The key valuation ratios of Westlife Foodworld Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Westlife Foodworld Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Westlife Foodworld Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of Westlife Development:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Westlife Foodworld Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % -2.9%2.7%0.5%3.9%6.9%9.1%-6.1%11.9%33.7%25.7%-
Value Creation
Index
-1.2-0.8-1.0-0.7-0.5-0.3-1.5-0.11.50.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 7648339311,1351,4021,5489861,5762,2782,3922,373
Sales YoY Gr.-9%11.7%21.9%23.5%10.4%-36.3%59.9%44.5%5%-
Adj EPS -2.4-1-1.50.41.10.1-6-0.17.44.82.8
YoY Gr.-NANANA179.5%-95.4%-12000%NANA-35.2%-
BVPS (₹) 34.234.433.734.537.136.730.629.536.337.337.5
Adj Net
Profit
-36.7-15.5-23.46.1170.8-92.6-1.511675.144
Cash Flow from Ops. 18.879.965.7137112200129171349340-
Debt/CF from Ops. 7.21.92.91.32.10.91.71.20.60.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 13.5%11.3%34.4%5%
Adj EPS NA34.6%NA-35.2%
BVPS1%0.1%6.8%2.7%
Share Price 11.4% 25.3% 17.9% -3.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
-6.7-2.9-4.41.130.1-17.5-0.322.6137.5
Op. Profit
Mgn %
2.55.75.47.58.914.16.213.11715.814.5
Net Profit
Mgn %
-4.8-1.9-2.50.51.20.1-9.4-0.15.13.11.8
Debt to
Equity
0.30.30.40.30.40.30.50.40.40.4-
Working Cap
Days
6163615144406040323518
Cash Conv.
Cycle
-20-20-22-26-28-27-49-42-29-30-107

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 34.36%

Return on Equity has declined versus last 3 years average to 7.50%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 1.58%

Latest Financials - Westlife Foodworld Ltd

Standalone Consolidated
TTM EPS (₹) -0.1 2.8
TTM Sales (₹ Cr.) 0.9 2,373
BVPS (₹.) 31.5 37.5
Reserves (₹ Cr.) 460 553
P/BV 29.53 24.82
PE 0.00 332.23
From the Market
52 Week Low / High (₹) 701.05 / 994.80
All Time Low / High (₹) 0.00 / 1024.55
Market Cap (₹ Cr.) 14,497
Equity (₹ Cr.) 31.2
Face Value (₹) 2
Industry PE 33.3

Management X-Ray of Westlife Development:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Westlife Development

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales7648339311,1351,4021,5489861,5762,2782,392
Operating Expenses 7497918841,0581,2831,3349391,3871,9042,022
Manufacturing Costs152158170200237260177283421450
Material Costs318333366425512538348513686711
Employee Cost 114124141172197219178210311329
Other Costs 166175207261337316235382487533
Operating Profit 1543477711921447189374369
Operating Profit Margin (%) 2.0%5.1%5.0%6.8%8.5%13.8%4.8%12.0%16.4%15.4%
Other Income 16102018141344282018
Interest 101515151881858393110
Depreciation 5058646780138140136152182
Exceptional Items 023000-174000
Profit Before Tax -293-121335-9-129-214996
Tax 000014-1-2903827
Profit After Tax -293-121321-7-99-211269
PAT Margin (%) -3.8%0.3%-1.3%1.1%1.5%-0.5%-10.1%-0.1%4.9%2.9%
Adjusted EPS (₹)-1.90.2-0.80.81.4-0.5-6.4-0.17.24.4
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%48%78%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 531535524537577571477460566581
Share Capital 31313131313131313131
Reserves 500504493506546540446428535550
Minority Interest0000000000
Debt73131183184234184215201207239
Long Term Debt0800000000
Short Term Debt73123183184234184215201207239
Trade Payables576874108118128185172188203
Others Liabilities 112104100100898698069231,0891,242
Total Liabilities 7738388819291,0181,7521,6831,7562,0492,265

Fixed Assets

Gross Block6747648459267711,6621,6001,7792,1072,382
Accumulated Depreciation210262314372176254315417484565
Net Fixed Assets4645025315545951,4081,2841,3621,6231,817
CWIP 21181720282326365745
Investments 148156170184204157198150130138
Inventories24283034414147567163
Trade Receivables44561059131117
Cash Equivalents 777119311232814
Others Assets104122121121131115109116129170
Total Assets 7738388819291,0181,7521,6831,7562,0492,265

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 198066137112200129171349340
PBT -293-121335-9-129-214996
Adjustment 5070667692208186194236276
Changes in Working Capital -371251-121669-1478
Tax Paid 000-2-3-163-7-44-40
Cash Flow From Investing Activity -84-80-91-111-145-68-74-56-265-185
Capex -105-77-91-106-143-126-49-100-269-215
Net Investments 260-1-6-357-2557320
Others -5-300110-13011
Cash Flow From Financing Activity 61026-2232-139-45-102-98-149
Net Proceeds from Shares 00000132-20
Net Proceeds from Borrowing 44-35-19-8000000
Interest Paid -9-16-15-15-18-15-17-13-14-20
Dividend Paid 000000000-54
Others 255060149-124-31-91-82-76
Net Cash Flow -5-104-1-71012-156
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)-5.330.53-2.292.423.82-1.28-18.98-0.3621.7612.07
ROCE (%)-2.912.670.463.866.869.13-6.0711.8533.7325.69
Asset Turnover Ratio1.011.031.081.251.441.120.570.921.21.11
PAT to CFO Conversion(x)N/A26.67N/A10.545.33N/AN/AN/A3.124.93
Working Capital Days
Receivable Days3222223322
Inventory Days11111110101016121010
Payable Days67687178818316412796100

Westlife Foodworld Ltd Stock News

Westlife Foodworld Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Westlife Development on 27-Sep-2024 16:01 is ₹928.0.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 27-Sep-2024 16:01 the market cap of Westlife Development stood at ₹14,496.6.
The latest P/E ratio of Westlife Development as of 27-Sep-2024 16:01 is 0.00.
The latest P/B ratio of Westlife Development as of 27-Sep-2024 16:01 is 29.53.
The 52-week high of Westlife Development is ₹994.8 and the 52-week low is ₹701.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Westlife Development is ₹0.92 ( Cr.) .

About Westlife Foodworld Ltd

Westlife Development Limited (WDL) is a part of the Mumbai-based B.L. Jatia Group. WDL is one of the fastest growing players in India’s quick service restaurant (QSR) sector, focusing on putting up and operating QSR in India through its wholly owned subsidiary Hardcastle Restaurants Pvt. Ltd. (HRPL). Westlife Development operates a chain of McDonald’s restaurants in west and south India through its subsidiary Hardcastle Restaurants Pvt. Ltd. (HRPL).

HRPL operates many McDonald’s restaurants across many cities in the states of Maharashtra, Karnataka, Telangana, Gujarat, Tamil Nadu, Kerala, Chhattisgarh, Andhra Pradesh, Goa and parts of Madhya Pradesh, and provides direct employment. McDonald’s operates through various formats including standalone restaurants, drive-thru’s, mall food courts, McDelivery and dessert kiosks. It also has three thriving brand extensions - McDelivery, McCafe and McBreakfast.

Business area of the company

The company operates in the QSR sub-segment of the informal eating-out industry. Under the master franchisee arrangement with McDonald’s Corporation, the Company is responsible for financing all business operations and paying real estate interests, while McDonald’s Corporation offers technical, operational and business support.

Awards and Recognition

2015

  • WDL has been recognized for their contribution to the industry with several awards such as -‘Make In India’ Awards for excellence in the QSR category 2015. 
  • The Economic Times Awards for excellence in Supply Chain & Logistics 2015, among the elite set of the 10 greatest value creators in India. 
  • WDL was also awarded as one of Fortune India Next 500 companies in 2015.

2016

  • Ranked 9th globally as the most valuable brand by Forbes’2016 Brand Ranking.
  • Presented with the ‘Great Place to Work’ award for the best Company to Work For in the retail industry.

2018

  • Ranked 11th globally as the most valuable brand as listed on Forbes’2018 Brand Ranking.

2019

  • Recognized as one of the best brands in the QSR industry by The Economic Times – Brand Equity.
  • Ranked as one of the top 30 companies by ‘Great Places to Work’ under the retail segment.

Milestones

2013

  • Westlife Development opening of the 1st restaurant in Mysore by Hardcastle Restaurants Pvt. Ltd., Companys subsidiary Company.
  • Opening of the 1st restaurant in Kochi by Hardcastle Restaurants Pvt. Ltd.
  • Westlife Development - McCafe Launches In India.
  • McDonald’s unveils its ‘Masaaledaar’ Grilled Burger -Westlife Development has splits its face value from Rs 10/- to 2/- 2014.
  • New Store Launch at Nadiad - November 25th 2014.
  • Westlife Development December 2014 New Store Launch at Mangalore.
  • Westlife Development Has Launch New Store at Aurangabad,Belagavi.
  • Westlife Development - McDonald's expands its McCafe footprint in India.
  • Westlife Development - McDonald's launching first restaurant in Rajkot, Gujarat.

2015

  • Westlife Development titled '’McDonald’s brings the Golden Arches to Hubli'’.
  • Westlife Development Bengaluru First Stop on McCafe's Southward Journey in India - McDonald’s Announces Launch of 3 McCafe'.
  • Westlife Development -McDonald's launching first McCafe in Kolhapur, Maharashtra.
  • Westlife Development - McDonald’s opens its First Gold Standard Drive-Thru restaurant in Bharuch.
  • Westlife Development - McDonald's opens its first outlet in Solapur.
  • Westlife Development - McDonald's enters the state of Chhattisgarh with its first ever restaurant in Raipur.

2016

  • Westlife Development launches new McDonald in AP.

2017-18

  • McDonalds introduces McFizz drinks to beat the heat.
  • McDonald’s India and Baahubali come together to walk the ramp for six talented designers.
  • Westlife Development has announced the launch of its second restaurant in Goa.

2018-19

  • McDonald’s Introduces Whole Wheat Buns.
  • McDonald’s inaugurates its first restaurant in Kakinada.
  • McDonald’s expands its footprint in Kerala with its first outlet in Thiruvananthapuram.

2020

  • Westlife Development has resumed new store openings across its markets. The company has opened four new stores post March 2020 as it steadily continues to move towards pre-COVID levels of business.
  • Hardcastle Restaurants (HRPL), a Master Franchisee for West & South India operations of McDonald’s restaurants and a subsidiary of the Westlife Development, has launched new packaging ‘EatQual’ designed for its specially abled customers.
  • Westlife Development, the company that owns and operates McDonald’s restaurants in West and South India has elevated its already world-class safety and hygiene practices across its delivery, take-out, drive-thru and dine-in service platforms.
  • Hardcastle Restaurants (HRPL), a Master Franchisee for West & South India operations of McDonald’s restaurants and a subsidiary of the Westlife Development, has launched a Contactless Delivery service to deliver happiness to the customers’ doorstep.
  • Hardcastle Restaurants (HRPL), a Master Franchisee for West & South India operations of McDonald’s restaurants and a subsidiary of the Westlife Development, has partnered with online restaurant guide, food ordering and delivery platform Zomato for further expanding the availability and accessibility of McDelivery for the Northern and Eastern region.
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