Consumer stocks · Micro cap · NSE
Westlife Foodworld Ltd. operates McDonald's restaurants in West and South India through its subsidiary Hardcastle Restaurants Pvt. Ltd. It focuses on multi-category, multi-channel, multi-daypart offerings, and network expansion, aiming for scalable, profitable guest count growth.
SMA20 +4.3% / mo · MACD − · sector -3.7pp vs Nifty 500 (3M)
Latest mapped FPI equity flow was not positive. View sector evidence
Adjusted completed-session prices, rebased to 100
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is mixed.
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Revenue +11.9% · PAT -52.0% YoY
Price trend and sector-relative-strength timing.
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Financial-only signal; management claim evidence is not sufficient yet.
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
PAT -52% YoY · margin compression · Rev +12% YoY · +12% QoQ
| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹735.6 Cr | +11.9% | +12.3% |
| EBITDA | ₹92.9 Cr | +8.9% | +7.0% |
| Operating margin | 12.6% | -34 bps | -63 bps |
| PAT | ₹0.6 Cr | -52.0% | -75.2% |
| PAT margin | 0.1% | -11 bps | -28 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Updated 19/10/2026
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Signals are conflicting — long-term uptrend intact. RSI 41. Wait for confirmation.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
U-Score 24 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Top U-Score contributors and drags from the latest stored fundamentals.
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
12 stored score snapshots. Latest stored move: +0 points.
Business-comparable peers in Consumer — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Growth engines, risks, management commitments and evidence-backed delivery
Q4 FY26 sales grew 8.7% YoY to ₹6.55 bn, with SSSG at 1.5%. Operating EBITDA margin was 13.3%. For FY26, sales grew 5.4% YoY to ₹26.26 bn, with SSSG at -1.1%. Cash PAT for FY26 was ₹2.35 bn, up 23.4% YoY.
The company reported resilient Q4 performance with positive SSSG and sustained profitability, driven by its everyday value platform and marketing. While FY26 SSSG was negative, the Q4 recovery and aggressive network expansion plans suggest the core thesis remains on track, though input cost management is key.
Latest issuer-disclosed distribution across 2 reported categories.
The ₹99 meal continues to witness positive traction, translating into healthy dine-in guest count momentum.
Digital sales contribution at +76% grew over 100 bps YoY, led by McDelivery platform, McDonald’s app, and SOKs.
Targeting 60+ new restaurants in FY27 and 580-630 restaurants by CY27.
Launched monthly coffee subscription to build habits, drive frequency, and strengthen brand loyalty.
Added 21 restaurants in Q4 FY26 and 48 new restaurants in FY26.
Targeting 60+ restaurants in FY27 and 580-630 restaurants by CY27.
West market continued with healthy performance while South has started recovering.
Prior investments in store modernization and capability upgrades translated into resilience amid the LPG situation.
FY26 saw continued inflationary pressure across key commodities, notably cocoa and coffee.
Continued inflationary pressure on cocoa and coffee could impact gross margins in the near term.
Despite positive Q4 SSSG, FY26 SSSG was negative, indicating challenges in consistent comparable growth.
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
YoY provides a clear view of annual growth and seasonal trends in the consumer sector, which is crucial for a QSR business. QoQ is useful for tracking sequential momentum in SSSG, margins, and operational efficiency.
Q4 FY26 SSSG stood at 1.5% YoY. FY26 SSSG was -1.1% YoY.
Q4 FY26 SSSG was driven by mid single digit guest count growth.
Q4 FY26 Adjusted Gross Margin was 68.1%. FY26 Adjusted Gross Margin was 67.7%.
On-premise sales contributed 58% in Q4 FY26 and grew 9% YoY.
Management's three strategic focus areas are running great restaurants/brand building, cost leadership/operating efficiencies, and network expansion.
Management aims to drive aggressive guest growth through accessible value and iconic experiences, delivered with consistency.
Integrate various channels and touchpoints to a 'One McDonald’s platform' to provide consumers a seamless experience.
Penetrate unserved geographies and fortify existing markets with renewed aggression.
| Checkpoint | Current evidence | What to verify next |
|---|---|---|
| SSSG | 1.5% (Q4 FY26) | Sustained positive SSSG and acceleration in subsequent quarters. |
| New Store Openings | 48 in FY26 | Achievement of 60+ openings in FY27 and progress towards the CY27 target of 580-630 restaurants. |
| Adjusted Gross Margin | 68.1% (Q4 FY26) | Stability in the +67% range amidst commodity price fluctuations. |
| Digital Sales Contribution | +76% | Continued growth in contribution and engagement through digital platforms. |
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 38th percentile of the scored universe and 41st percentile within Consumer. Main check: financial discipline is weak at 40/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
overall median 67 · Consumer: 41st pctile, median 66 · Micro: 21st pctile, median 73
82 documents have extracted text, but claim history is not strong enough yet.
0 claims extracted · No contradicted claim yet
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Latest exchange and company disclosures found within the past two years.
Source: Bse
Source: Bse
Source: Bse
Source: Bse
Source: Bse
Source: Bse
Source: Bse