Westlife Foodworld Ltd: History, Latest Updates, Milestones, Subsidiaries and Share Price

INTRODUCTION

Westlife Foodworld Ltd, a leading name in India’s food service sector, is renowned for managing McDonald’s outlets across the western and southern parts of the nation. Over time, the company has established a distinct identity by prioritizing quality, fostering innovation, and consistently exceeding customer expectations. This article delves into the rich history of Westlife Foodworld Ltd, its significant milestones, recent updates, subsidiaries, and a closer look at West Life share price performance, offering insights into what makes it a market leader in the quick-service restaurant segment.

Westlife Foodworld Ltd moves in 2025:

• Westlife Foodworld’s McDonald’s India launches ‘Protein Plus Slice’, a 100% vegetarian, plant-based slice adding 5 grams of protein to any burger.
• Customers can now personalize their protein intake by adding one, two, or three slices to their favourite burgers, enhancing nutritional choice without compromising taste.
• Quarterly results (June 2025): Total revenue surged to Rs. 147.48 million, up 6202.56% from Rs. 2.34 million year-on-year.
• Total profit jumped to Rs. 145.23 million from a loss of Rs. -0.74 million in the same quarter last year.
• Operating profit margin improved dramatically to 145.23% compared to -0.74% in June 2024.
• Final dividend declared: Hardcastle Restaurants, Westlife’s wholly-owned subsidiary, announced a final dividend of Rs. 165 per equity share (face value Rs. 1,000) for FY 2024-25, i.e., over 16.5%.

Westlife Foodworld Ltd moves in 2024:

• Revenue Growth: Westlife Foodworld Ltd reported a 5.0% increase in operating income, rising from Rs. 22,782 million in FY23 to Rs. 23,918 million in FY24, which may impact the West Life Share price positively.
• Operating Profit Decline: Despite revenue growth, operating profit decreased by 1.3% year-on-year, with margins falling from 16.4% in FY23 to 15.4% in FY24, possibly influencing the West Life Share price.
• Increased Expenses: Depreciation charges rose by 19.7%, and finance costs increased by 18.3% compared to the previous fiscal year, potentially affecting the West Life Share price.
• Net Profit Reduction: Westlife Foodworld Ltd witnessed a 38.0% decline in net profit, with margins decreasing from 4.9% in FY23 to 2.9% in FY24, which could impact the West Life Share price.
• Q2 FY25 Results: For the quarter ending September 30, 2024, the company posted a consolidated net profit of Rs. 0.36 crore, marking a sharp decline from Rs. 22.37 crore reported in the corresponding quarter of the previous year. Revenue for this period was Rs. 618.00 crore, marking a modest 0.53% year-on-year increase, potentially influencing the West Life Share price.
• Market Performance: The Westlife Development share price reflects these financial dynamics, showcasing the market’s mixed sentiment about the company’s performance.

These statistics underline Westlife Foodworld Ltd’s efforts to navigate a challenging market while maintaining a strong presence in the food service industry.

Evolution of Westlife Foodworld Ltd: From Past to Present:

Past:

• Westlife Development, founded on October 30, 1982, began its transformative journey in the fast-food industry through a strategic partnership with McDonald’s Corporation. This collaboration materialized as Hardcastle Restaurants, a joint venture established in 1995. In 1996, Hardcastle inaugurated its first McDonald’s restaurant in Bandra, Mumbai, soon after McDonald’s entered the Indian market with its initial outlet in New Delhi. The partnership transitioned into a master franchisee agreement in 2010, cementing Hardcastle’s role in McDonald’s expansion in the western and southern regions of India. In 2012, Amit Jatia acquired McDonald’s Corporation’s 50% stake in Hardcastle, making it a wholly owned subsidiary of Westlife Development. This pivotal move led to Westlife Development being listed on the Bombay Stock Exchange in August 2013, marking a significant milestone in its evolution.

Present:

• Today, Westlife Foodworld Ltd continues to innovate and adapt to the evolving preferences of its consumers. The company has introduced several key initiatives, including the launch of McCafé in 2013 and the rollout of all-day breakfast menus in select outlets by 2016. Technological advancements like self-ordering kiosks, first implemented in 2017 at Mumbai’s CR2 Mall, have modernized the dining experience. Sustainability also plays a critical role in Westlife’s operations, as seen in its use of biodiesel from used cooking oil to power its delivery trucks—a program successfully expanded to half its outlets by 2018. These initiatives reflect the company’s commitment to enhancing customer satisfaction and driving sustainable growth, making it a leader in India’s quick-service restaurant sector.

Timeline of  Westlife Foodworld Ltd :

Inside Westlife Foodworld Ltd: 

Westlife Foodworld Ltd

Corporate actions: On August 4, 2025, Westlife Foodworld Ltd declared an interim dividend of Rs. 0.75 per share.

As of December 17, 2025, Westlife Foodworld Ltd share price stands at Rs. 531.20.

Main News:

• Sales for the September 2024 quarter increased by 31.25% to Rs. 2.73 million, while the net loss widened to Rs. 2.08 million, compared to a net loss of Rs. 0.08 million in the same quarter of 2023, and the operating profit margin slipped to -2.08% from 0.73% in the corresponding quarter.
• On September 7, 2024, McDonald's India (West & South), operated by Westlife Foodworld, partnered with CSIR-CFTRI to launch the Multi-Millet Bun, combining five nutrient-dense millets, reflecting McDonald's commitment to nutrition and local sourcing, while reinforcing its QSR operations under a master franchisee agreement with McDonald's Corporation USA.
• On July 31, 2024, Westlife Foodworld announced that Tarun Kataria's second term as Independent Director ended, and he ceased to be a Director, as per the company's filing to BSE.
• On May 8, 2024, Westlife Foodworld announced the opening of 41 stores in FY24, bringing its total to 397, including 81 Drive-Thru locations and 292 Experience of the Future (EOTF) stores, with a notable 8% surge in its Off-Premise business, driven by a 15% growth in digital sales.

Current Westlife Foodworld Ltd NSE:

Achievements and Milestones:

CONCLUSION

In conclusion, Westlife Foodworld Ltd has shown remarkable growth and innovation over the years, from its early days as a joint venture with McDonald's to becoming a key player in the fast-food industry. The company has made significant strides in sustainability, technology, and expansion, reaching milestones such as the launch of the first McCafé in Mumbai, the successful implementation of biodiesel for delivery trucks, and the growth of over 400 McDonald's outlets across India. As of 2025, Westlife Foodworld continues to focus on its mission to offer quality service and innovative products. Investors are also keenly observing the performance of the company, with fluctuations in the Westlife Development share price reflecting the market's response to its ongoing progress and strategies. With a promising future ahead, the company is well-positioned for continued success and growth in the years to come.

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Frequently Asked Questions:

Where can I find real-time updates on the West life share price?

Explore the latest West life share price and real-time stock price updates on Enrich Money's stock analysis page here.

What has been the peak Westlife Ltd Live Stock Price in the last 52 weeks?

52 Week's highest WestLife Development share price is Rs 916.90, while 52 Week's lowest WestLife Development share price is Rs 640.70.

How has Westlife Foodworld Ltd's revenue growth compared to the industry?

Over the last 5 years, Westlife Foodworld Ltd has seen an impressive annual revenue growth rate of 11.23%, far surpassing the industry average of 6.4%. This strong performance is often reflected in the Westlife Foodworld Ltd share price, which continues to attract investor attention.

How has Westlife Foodworld Ltd's net income growth performed?

The company’s net income has surged at a remarkable annual growth rate of 26.6% over the past 5 years, compared to the industry’s decline of -2.85%. This positive financial performance is a key factor impacting the Westlife Foodworld Ltd share price, which reflects the company's profitability.

What is the debt-to-equity ratio of Westlife Foodworld Ltd?

Westlife Foodworld Ltd has a debt-to-equity ratio of 208.19%, significantly higher than the industry average of 112.95%. While this high leverage can impact financial risk, it is closely monitored by investors when assessing the Westlife Foodworld Ltd share price and its potential for growth.

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