The company carries out its operations through its wholly-owned subsidiary, Hardcastle Restaurants Pvt. Ltd. (HRPL), under a master franchisee agreement with McDonald’s Corporation, USA. Westlife Foodworld manages an extensive network of 319 McDonald’s restaurants and 223 McCafé outlets, solidifying its position as a leader in the Indian QSR market. The company’s efforts are centered on providing exceptional service, innovative offerings, and enhancing customer experiences across its outlets.
Recent news on Westlife Foodworld
Westlife Foodworld Limited has recently made notable strides in innovation and expansion within the Quick Service Restaurant (QSR) sector. The company has launched a new range of burgers featuring multi-millet buns, developed in collaboration with the CSIR-Central Food Technological Research Institute (CFTRI). This initiative aims to enhance the nutritional quality of their offerings, aligning with evolving consumer preferences for healthier options. These new burgers are now available across all 400 McDonald’s outlets operated by Westlife Foodworld in West and South India.
In line with its growth strategy, Westlife Foodworld has also announced plans to open 45 to 50 new stores during the current financial year. This expansion underscores the company’s confidence in the QSR market’s potential and its commitment to strengthening its presence in the region.
Shareholdings Patterns of Westlife Foodworld
Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | |
Promoters + | 56.22% | 56.23% | 56.28% | 56.25% | 56.25% |
FIIs + | 10.44% | 10.48% | 11.60% | 13.83% | 13.71% |
DIIs + | 23.66% | 23.99% | 23.01% | 20.99% | 21.31% |
Public + | 9.37% | 9.00% | 8.79% | 8.58% | 8.38% |
Others + | 0.31% | 0.32% | 0.34% | 0.33% | 0.33% |
No. of Shareholders | 36,381 | 37,407 | 35,508 | 33,019 | 31,872 |
The shareholding pattern of Westlife Foodworld showed notable changes between September 2023 and September 2024, reflecting shifting dynamics among investor groups. The promoters maintained a stable stake, increasing slightly from 56.22% in September 2023 to 56.25% by June 2024 and holding steady thereafter. Foreign Institutional Investors (FIIs) significantly boosted their holdings, climbing from 10.44% to 13.71% during this period, signaling increased global investor confidence. In contrast, Domestic Institutional Investors (DIIs) experienced fluctuations, peaking at 23.99% in December 2023 but declining to 21.31% by September 2024. The public shareholding steadily decreased from 9.37% to 8.38%, while others maintained a minor yet consistent share around 0.33%. Interestingly, the number of shareholders declined from 36,381 to 31,872, indicating growing institutional dominance and a shift away from smaller retail investors. These trends suggest heightened interest from larger, more strategic investors in Westlife Foodworld’s long-term growth potential.
How to Purchase Westlife Foodworld Shares?
Below are the trading platforms that you can use to purchase Westlife Foodworld shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
Westlife Foodworld Share Price Prediction: 2024 to 2030
Westlife Foodworld Share Price Target 2024
When | Maximum Price | Minimum Price |
November 2024 | 770.15 | 669.70 |
December 2024 | 777.86 | 676.40 |
At the ending of 2024, Westlife Foodworld is projected to exhibit promising price trends. In November 2024, the maximum price is anticipated to reach ₹770.15, while the minimum is expected to settle at ₹669.70. As we step into December 2024, the maximum price is forecasted to rise slightly to ₹777.86, with the minimum price projected at ₹676.40.
Westlife Foodworld Share Price Prediction 2025
When | Maximum Price | Minimum Price |
January 2025 | 785.63 | 604.33 |
February 2025 | 793.57 | 610.44 |
March 2025 | 810.23 | 623.26 |
April 2025 | 802.21 | 617.09 |
May 2025 | 778.85 | 599.11 |
June 2025 | 813.90 | 626.07 |
July 2025 | 797.94 | 613.80 |
August 2025 | 822.62 | 632.78 |
September 2025 | 832.49 | 640.37 |
October 2025 | 854.13 | 657.02 |
November 2025 | 875.48 | 673.45 |
December 2025 | 914.88 | 703.75 |
As we move through 2025, Westlife Foodworld’s prices are expected to rise steadily. In January, prices may range between ₹785.63 and ₹604.33, increasing to ₹810.23 and ₹623.26 by March. Mid-year trends show June reaching ₹813.90 and ₹626.07, while September could hit ₹832.49 and ₹640.37. Toward year-end, November might see prices between ₹875.48 and ₹673.45, peaking in December at ₹914.88 and ₹703.75.
Westlife Foodworld Share Price Target 2026
When | Maximum Price | Minimum Price |
January 2026 | 942.33 | 724.87 |
February 2026 | 918.77 | 706.75 |
March 2026 | 937.14 | 720.88 |
April 2026 | 956.27 | 735.59 |
May 2026 | 946.80 | 728.31 |
June 2026 | 970.47 | 746.52 |
July 2026 | 951.44 | 731.88 |
August 2026 | 980.87 | 754.51 |
September 2026 | 1,000.49 | 769.61 |
October 2026 | 1,026.50 | 789.61 |
November 2026 | 1,052.16 | 809.36 |
December 2026 | 1,078.47 | 829.59 |
Westlife Foodworld Share Price Prediction 2027
When | Maximum Price | Minimum Price |
January 2027 | 1,089.25 | 837.89 |
February 2027 | 1,117.18 | 859.37 |
March 2027 | 1,160.75 | 892.88 |
April 2027 | 1,137.99 | 875.38 |
May 2027 | 1,104.85 | 849.88 |
June 2027 | 1,154.56 | 888.13 |
July 2027 | 1,131.92 | 870.71 |
August 2027 | 1,166.93 | 897.64 |
September 2027 | 1,207.78 | 929.06 |
October 2027 | 1,239.18 | 953.21 |
November 2027 | 1,270.16 | 977.04 |
December 2027 | 1,301.91 | 1,001.47 |
Westlife Foodworld Share Price Target 2028
When | Maximum Price | Minimum Price |
January 2028 | 1,327.95 | 1,021.50 |
February 2028 | 1,362.00 | 1,047.69 |
March 2028 | 1,415.12 | 1,088.55 |
April 2028 | 1,387.37 | 1,067.21 |
May 2028 | 1,346.96 | 1,036.12 |
June 2028 | 1,407.57 | 1,082.75 |
July 2028 | 1,379.97 | 1,061.52 |
August 2028 | 1,422.65 | 1,094.35 |
September 2028 | 1,472.45 | 1,132.65 |
October 2028 | 1,510.73 | 1,162.10 |
November 2028 | 1,548.50 | 1,191.15 |
December 2028 | 1,587.21 | 1,220.93 |
Westlife Foodworld Share Price Prediction 2029
When | Maximum Price | Minimum Price |
January 2029 | 1,618.96 | 1,245.35 |
February 2029 | 1,660.47 | 1,277.28 |
March 2029 | 1,725.23 | 1,327.10 |
April 2029 | 1,691.40 | 1,301.07 |
May 2029 | 1,642.13 | 1,263.18 |
June 2029 | 1,716.03 | 1,320.02 |
July 2029 | 1,682.38 | 1,294.14 |
August 2029 | 1,734.41 | 1,334.16 |
September 2029 | 1,795.12 | 1,380.86 |
October 2029 | 1,841.79 | 1,416.76 |
November 2029 | 1,887.84 | 1,452.18 |
December 2029 | 1,935.03 | 1,488.49 |
Westlife Foodworld Share Price Target 2030
When | Maximum Price | Minimum Price |
January 2030 | 1,973.73 | 1,518.26 |
February 2030 | 2,024.34 | 1,557.19 |
March 2030 | 2,103.29 | 1,617.92 |
April 2030 | 2,062.05 | 1,586.19 |
May 2030 | 2,001.99 | 1,539.99 |
June 2030 | 2,092.08 | 1,609.29 |
July 2030 | 2,051.06 | 1,577.74 |
August 2030 | 2,114.49 | 1,626.53 |
September 2030 | 2,188.50 | 1,683.46 |
October 2030 | 2,245.40 | 1,727.23 |
November 2030 | 2,301.54 | 1,770.41 |
December 2030 | 2,359.08 | 1,814.67 |
In 2030, Westlife Foodworld’s prices are projected to exhibit significant growth. As we begin the year in January, prices are expected to range between ₹1,973.73 and ₹1,518.26, climbing steadily to ₹2,103.29 and ₹1,617.92 by March. Mid-year, June could witness values reaching ₹2,092.08 and ₹1,609.29, while September might see further growth with prices ranging from ₹2,188.50 to ₹1,683.46. By the year’s end, November is anticipated to touch ₹2,301.54 and ₹1,770.41, culminating in December with maximum and minimum prices of ₹2,359.08 and ₹1,814.67
Financial Condition of Westlife Foodworld
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
Sales + | 1,548 | 986 | 1,576 | 2,278 | 2,392 | 2,397 |
Expenses + | 1,329 | 925 | 1,379 | 1,896 | 2,015 | 2,075 |
Operating Profit | 219 | 61 | 197 | 382 | 377 | 322 |
OPM % | 14% | 6% | 13% | 17% | 16% | 13% |
Other Income + | -8 | 34 | 20 | 12 | 11 | 21 |
Interest | 81 | 85 | 83 | 93 | 110 | 118 |
Depreciation | 138 | 140 | 136 | 152 | 182 | 195 |
Profit before tax | -9 | -129 | -2 | 149 | 96 | 30 |
Tax % | -16% | -23% | -19% | 25% | 28% | |
Net Profit + | -7 | -99 | -2 | 112 | 69 | 22 |
EPS in Rs | -0.47 | -6.38 | -0.11 | 7.16 | 4.44 | 1.39 |
Dividend Payout % | 0% | 0% | 0% | 48% | 78% |
Westlife Foodworld has shown significant evolution in its financial performance over the years, reflecting both challenges and progress. Between March 2020 and the trailing twelve months (TTM), the company’s sales grew from ₹1,548 crore to ₹2,397 crore, showcasing a steady recovery and expansion, especially post-pandemic. Operating profit peaked at ₹382 crore in March 2023, with an Operating Profit Margin (OPM) of 17%, before slightly moderating to ₹322 crore (13% OPM) in the TTM.
However, rising expenses, which increased from ₹1,329 crore in March 2020 to ₹2,075 crore in the TTM, have slightly compressed profitability. Interest costs have also grown, reaching ₹118 crore in the TTM, alongside depreciation expenses at ₹195 crore. Despite these, Net Profit rebounded from a loss of ₹99 crore in March 2021 to ₹112 crore in March 2023, although it moderated to ₹22 crore in the TTM. The EPS improved from negative ₹6.38 in March 2021 to ₹7.16 in March 2023, declining to ₹1.39 in the TTM.
Westlife Foodworld’s commitment to shareholder value is evident from its dividend payout ratio, which increased from 0% pre-2023 to 78% in March 2024. These trends highlight the company’s resilience, strategic focus, and efforts to maintain steady growth amid a competitive Quick Service Restaurant landscape.
FAQS
What is the projected share price of Westlife Foodworld for 2025?
The projected share price of Westlife Foodworld for 2025 is expected to fluctuate within a range, with a maximum price of ₹914.88 and a minimum price of ₹599.11, according to our forecast.
Can Westlife Foodworld share price reach ₹2,000 by 2025?
As per our analysis, Westlife Foodworld share price may not reach ₹2,000 by 2025, however, Westlife Foodworld may reach ₹2,000 somewhere in 2030.
What is Westlife Foodworld share price target for 2030?
For 2030, Westlife Foodworld is expected to reach a maximum of ₹2,359.08.
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Conclusion
In conclusion, Westlife Foodworld Limited demonstrates strong potential and resilience within India’s competitive Quick Service Restaurant (QSR) industry. With consistent growth in sales, innovative product launches such as millet-based burgers, and a robust expansion plan to open 45–50 new outlets, the company showcases its commitment to adapting to consumer preferences and enhancing its market presence. Financially, despite challenges, Westlife Foodworld has shown a steady recovery, with sales reaching ₹2,397 crore in the TTM and a focus on shareholder value reflected in its rising dividend payout ratio. These positive trends, coupled with its strategic initiatives and focus on innovation, position Westlife Foodworld as a promising player in the QSR space, poised for sustained growth in the coming years.
What did we learn?
- 1 Recent news on Westlife Foodworld
- 2 Shareholdings Patterns of Westlife Foodworld
- 3 How to Purchase Westlife Foodworld Shares?
- 4 Westlife Foodworld Share Price Prediction: 2024 to 2030
- 4.1 Westlife Foodworld Share Price Target 2024
- 4.2 Westlife Foodworld Share Price Prediction 2025
- 4.3 Westlife Foodworld Share Price Target 2026
- 4.4 Westlife Foodworld Share Price Prediction 2027
- 4.5 Westlife Foodworld Share Price Target 2028
- 4.6 Westlife Foodworld Share Price Prediction 2029
- 4.7 Westlife Foodworld Share Price Target 2030
- 5 Financial Condition of Westlife Foodworld
- 6 FAQS
- 7 Conclusion