Westlife Development: A Promising McProspects, Says Motilal Oswal
A worker wearing Personal Protective Equipment (PPE) sanitizes a bench and novelty Ronald McDonald figure outside a McDonalds Corp. restaurant at the Ambience Mall in New Delhi, India. (Photographer: T. Narayan/Bloomberg)

Westlife Development: A Promising McProspects, Says Motilal Oswal

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Moitlal Oswal Report

Westlife Development Ltd. offers an exciting investment opportunity in the Indian quick-service restaurant (QSR) space on account of the following factors -

The large Indian foodservice Industry is expected to deliver a 9% compound annual growth rate in the coming years, and QSRs are best placed to tap this opportunity.

With their affordability, aspirational branding, higher convenience, scale benefits, and technological edge, QSRs are expected to grow at 19% CAGR over FY20-25E.

With the unorganized segment severely affected due to Covid-19, QSRs can make further gains due to their better hygiene standards and well-positioned alternate channels, especially delivery.

Click on the attachment to read the full report:

Motilal Oswal Initiating Coverage on Westlife Development.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.