Westlife Foodworld - Game On With Vision 2027: Prabhudas Lilladher

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .Prabhudas Lilladher Report.We attended Westlife Foodworld Ltd.’s strategy day which outlined Vision 2027 and progress on Vision 2022. The company has fulfilled the earlier target on most fronts, despite Covid impact for two years. By end of CY27, Westlife Foodworld has indicated 580-630 stores, sales of 40-45 billion, 15-17% Pre India Accounting Standard margins, 25% return on equity, 40% return on capital employed, Rs 14 billion capex and dividend payout of 15-25%. We note that most of the guidance numbers are in line with our estimates. We believe Westlife Foodworld is well placed to capitalise on growth opportunity in the quick service restaurant space given- strong menu innovations like gourmet burgers, fried chicken, McCafe,strong store format with experience of the future stores,rising salience of McDelivery and digital sales,more focus on South with 60% of incremental stores given higher average-unit volume and chicken sales andaccelerated store expansion plans in coming years. Westlife Foodworld guidance of 5% royalty till FY26 and gradual increase thereafter is positive..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Westlife Foodworld - Game On With Vision 2027: Prabhudas Lilladher

The company has fulfilled the earlier target on most fronts, despite Covid impact for two years.

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