Financial Performance
Westlife Foodworld Limited reported strong financial results for FY 2025-26 with consolidated net profit of ₹323.33 million, significantly higher than the previous year's ₹121.47 million. This performance was driven by exceptional items including a net gain of ₹581.67 million from completed redevelopment transaction of ownership store properties in Mumbai, partially offset by an impairment loss on investments of ₹53.61 million and incremental impact of new labor codes on gratuity of ₹96.86 million.
Revenue from operations reached ₹26.3 billion, representing 5.4% YoY growth, while consolidated EBITDA stood at ₹3.5 billion. The company maintained a robust restaurant network of 478 restaurants across 78 cities, adding 48 new restaurants during the year. Digital sales contributed 76% of total revenue with 3.5 million monthly active users and 52 million cumulative app downloads.
Corporate Governance & Compliance
The company submitted its 43rd Annual General Meeting notice and FY25-26 annual report to BSE and NSE in full compliance with SEBI LODR Regulation 34. All directors were certified as not disqualified, with complete adherence to corporate governance requirements. The company maintained 100% compliance with no penalties or strictures imposed by regulatory authorities, and no material pending litigations affecting its financial position.
AGM & Corporate Actions
The AGM is scheduled for August 26, 2026, to consider audited financial statements, re-appointment of Smita Jatia as director, and appointment of Deepa Bhajekar as independent director. The board declared an interim dividend of ₹0.40 per share for FY27 based on Q1 performance, with record date of August 7, 2026. Additionally, the subsidiary Hardcastle Restaurants recommended a final dividend of ₹72.00 per equity share for FY26, subject to shareholder approval.
Remote e-voting procedures were established through NSDL, CDSL, and MUFG Intime platforms from August 21-25, 2026, with institutional shareholders required to submit authorization documents to scrutinizer MSDS & Associates.
ESOP & Shareholding
The ESOS Trust Scheme 2021 saw 3,000 options exercised during FY26 at a weighted average price of ₹705.11 per share. Options outstanding at year-end totaled 645,696 with weighted average exercise price of ₹586.87. Shareholding pattern showed promoter group holding 56.36% with 100% of paid-up capital held in dematerialized form as of March 31, 2026.
Operational & ESG Highlights
The company achieved 100% digitally modern stores with EOTF & McCafé penetration and eliminated customer-facing single-use plastic. Significant sustainability metrics included energy savings of 19.4 million units, water savings of 15.5 million liters, and 99% local sourcing. ESG performance was recognized with S&P Global ESG Score of 57 (industry average: 21), ranking 6th globally in Restaurants & Leisure Facilities sector, and inclusion in Sustainability Yearbook 2026.
Subsidiary Performance
Hardcastle Restaurants Private Limited, the wholly owned subsidiary operating McDonald's stores in Western and Southern India, reported turnover of ₹26,245.45 million and profit after taxation of ₹325.17 million. The subsidiary continues expansion plans targeting 580-630 stores by FY 2026-27.