BSE:505533

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Executive Summary

Westlife Development Limited, through its subsidiary, Hardcastle Restaurants Private Limited, owns and operates a chain of McDonald's restaurants in Western and Southern India. More Details

Rewards

Earnings are forecast to grow 115.9% per year

Risk Analysis

No risks detected for 505533 from our risk checks.


Snowflake Analysis

High growth potential with imperfect balance sheet.

Share Price & News

How has Westlife Development's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 505533 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.09%

505533

-2.1%

IN Hospitality

-1.1%

IN Market


1 Year Return

4.9%

505533

-22.3%

IN Hospitality

-1.4%

IN Market

Return vs Industry: 505533 exceeded the Indian Hospitality industry which returned -22.3% over the past year.

Return vs Market: 505533 exceeded the Indian Market which returned -1.4% over the past year.


Shareholder returns

505533IndustryMarket
7 Day0.09%-2.1%-1.1%
30 Day-5.5%-5.6%2.0%
90 Day2.5%16.7%6.4%
1 Year4.9%4.9%-19.3%-22.3%0.4%-1.4%
3 Year52.6%52.6%-10.5%-18.3%-3.9%-8.6%
5 Year50.4%50.4%18.7%5.5%38.9%28.5%

Price Volatility Vs. Market

How volatile is Westlife Development's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Westlife Development undervalued compared to its fair value and its price relative to the market?

9.67x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 505533 (₹371.15) is trading above our estimate of fair value (₹7.87)

Significantly Below Fair Value: 505533 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 505533 is unprofitable, so we can't compare its PE Ratio to the IN Hospitality industry average.

PE vs Market: 505533 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 505533's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 505533 is overvalued based on its PB Ratio (9.7x) compared to the IN Hospitality industry average (0.7x).


Next Steps

Future Growth

How is Westlife Development forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

115.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 505533 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (7.2%).

Earnings vs Market: 505533 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 505533's is expected to become profitable in the next 3 years.

Revenue vs Market: 505533's revenue (29.4% per year) is forecast to grow faster than the Indian market (11.3% per year).

High Growth Revenue: 505533's revenue (29.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 505533's Return on Equity is forecast to be low in 3 years time (9.5%).


Next Steps

Past Performance

How has Westlife Development performed over the past 5 years?

24.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 505533 is currently unprofitable.

Growing Profit Margin: 505533 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 505533 is unprofitable, but has reduced losses over the past 5 years at a rate of 24.2% per year.

Accelerating Growth: Unable to compare 505533's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 505533 is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-47.4%).


Return on Equity

High ROE: 505533 has a negative Return on Equity (-11.57%), as it is currently unprofitable.


Next Steps

Financial Health

How is Westlife Development's financial position?


Financial Position Analysis

Short Term Liabilities: 505533's short term assets (₹3.1B) do not cover its short term liabilities (₹4.4B).

Long Term Liabilities: 505533's short term assets (₹3.1B) do not cover its long term liabilities (₹7.5B).


Debt to Equity History and Analysis

Debt Level: 505533's debt to equity ratio (31.8%) is considered satisfactory.

Reducing Debt: 505533's debt to equity ratio has increased from 13.8% to 31.8% over the past 5 years.

Debt Coverage: 505533's debt is well covered by operating cash flow (108.7%).

Interest Coverage: Insufficient data to determine if 505533's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Westlife Development current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 505533's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 505533's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 505533's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 505533's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 505533 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 505533's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.8yrs

Average management tenure


CEO

Amit Jatia (53 yo)

6.75yrs

Tenure

₹450,000

Compensation

Mr. Amit Banwarilal Jatia, B.Com., B.Sc., has been the Managing Director of Hardcastle Restaurants Private Ltd. since 1995. Mr. Jatia has been Chief Executive Officer of Westlife Development Limited since ...


Leadership Team

NamePositionTenureCompensationOwnership
Amit Jatia
CEO & Vice Chairman6.75yrs₹450.00k0.032%
₹ 18.5m
Shatadru Sengupta
Company Secretary & Compliance Officer6.92yrsno data0.0069%
₹ 4.0m
Pankaj Roongta
CFO & VP Finance and Accounts0.42yrno datano data
Ankit Arora
Senior Manager of Investor Relationsno datano datano data
Devanshi Dhruva
Deputy Managerno datano datano data

6.8yrs

Average Tenure

Experienced Management: 505533's management team is seasoned and experienced (6.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Amit Jatia
CEO & Vice Chairman6.75yrs₹450.00k0.032%
₹ 18.5m
Manish Chokhani
Independent Non-Executive Director7.08yrs₹700.00kno data
Tarun Bhagwandass Kataria
Independent Non-Executive Director6.17yrs₹600.00kno data
Banwari Jatia
Non-Executive Chairman7.92yrs₹125.00k0.00076%
₹ 437.7k
Padmanabh Barpande
Independent Non-Executive Director7.92yrs₹600.00kno data
Smita Jatia
Non-Executive Director7.08yrs₹450.00k0%
₹ 0
Achal Jatia
Non-Executive Director6.17yrs₹150.00k2.86%
₹ 1.6b
Amisha Jain
Non-Executive Independent Director1.5yrs₹300.00kno data

7.1yrs

Average Tenure

53.5yo

Average Age

Experienced Board: 505533's board of directors are considered experienced (7.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Westlife Development Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Westlife Development Limited
  • Ticker: 505533
  • Exchange: BSE
  • Founded: 1982
  • Industry: Restaurants
  • Sector: Consumer Services
  • Market Cap: ₹57.598b
  • Shares outstanding: 155.67m
  • Website: https://www.westlife.co.in

Number of Employees


Location

  • Westlife Development Limited
  • Indiabulls Finance Centre
  • 1001, Tower-3, 10th Floor
  • Mumbai
  • Maharashtra
  • 400013
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
505533BSE (Mumbai Stock Exchange)YesEquity SharesININRJul 2005
WESTLIFENSEI (National Stock Exchange of India)YesEquity SharesININRJul 2005

Biography

Westlife Development Limited, through its subsidiary, Hardcastle Restaurants Private Limited, owns and operates a chain of McDonald's restaurants in Western and Southern India. The company operates restaur ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/29 12:52
End of Day Share Price2020/10/29 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.