WESTLIFE FOODWORLD LTD

Operates McDonald's quick-service restaurants across West and South India, marking 30 years in the country in 2026. Revenue comes from running company-owned McDonald's outlets, with sales split across dine-in, takeaway, delivery, and McCafé coffee counters; digital channels contributed 76% of FY26 revenue, supported by an app with 52M+ downloads and 3.5M monthly active users. The business opened a record 48 new restaurants in FY26 and has guided to 60+ additions in FY27, with highway partnerships through Jio-bp, HPCL, and BPCL supporting expansion, targeting 580–630 stores under Vision 2027. Growth is being driven by an everyday value platform (a ₹99 meal) and a newly launched McCafé subscription at INR 55 for 10 monthly visits aimed at building a daily coffee habit. The cost base is dominated by materials (30.1% of FY26 revenue) and other operating expenses (41.9%), while employee costs stood at 15.2% and depreciation at 8.6% of revenue, reflecting the capital intensity of restaurant build-outs (capex 9.0% of revenue). Q1 FY27 revenue from operations rose 11.42% year-on-year, though net profit fell 52.45% year-on-year amid commodity inflation and LPG-related disruption that briefly affected under 10% of stores.