Westlife Foodworld Ltd shares closed on August 18 at Rs 922.20 per share, marginally down from the previous close price of Rs 927.10, with a market capitalization of Rs 14,380 crores.
According to Bombay Stock Exchange data, the stock has delivered multibagger returns of about 10,23,400 percent over a 14-year period, spanning from Rs 0.090 in July 2009 to current stock price levels. It indicates that if an investor had invested Rs 1 lakh in the stock fourteen years ago, it would have gained to about Rs 102.35 crores.
Westlife Foodworld Limited is one of India’s fastest-growing quick-service restaurant (QSR) operators. Through its wholly-owned subsidiary Hardcastle Restaurants Pvt. Ltd., it focuses on building and operating McDonald’s restaurants in West and South India.
Over the years, the company has maintained outstanding financial metrics, with a return on equity of 12.20 percent and a return on capital employed of 33.73 percent. While the net profit margin is 4.9 percent and the operating margin is 16 percent.
The company reported a 22 percent rise in net profit for the June quarter, to Rs 28 crore, compared to Rs 23 crore in the same period last year (Q1FY23). Furthermore, revenue jumped by 14 percent to Rs 614 crore from Rs 537 crore in the previous year.
In the previous six months, the stock has gained by 38 percent, and in the last year, it has gained by 50 percent.
As per the latest shareholding pattern, The promoters hold a 56.22 percent stake in the company, foreign institutional investors hold 9.7 percent and domestic institutional investors own a 24.14 percent stake.
Written by Omkar Chitnis
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