Quick Service Restaurant
Quick Service Restaurant - QSR
from 487 today
Management believes their strategic interventions in South market have led to recovery of the market, and we maintain a BUY rating with an unchanged target price of Rs600 based on ~18x March'28E EBITDA.
Westlife Foodworld's 1QFY27 adjusted profitability was slightly below expectations, and while management maintained its store opening guidance, we expect the focus on driving traffic through value offerings and cost inflation to keep profitability under pressure, leading us to maintain our HOLD recommendation.
Westlife Foodworld reported 12% YoY revenue growth in 1QFY27 with SSSG coming in at 4.3% YoY, driven by double-digit growth in guest count. We reiterate our Neutral rating with a target price of INR550.
We maintain our BUY recommendation on Westlife Foodworld as the company's long-term growth levers remain intact, supported by steady business momentum and footfall-driven growth.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
