Westlife Development Q4 Review - Long Term Story Intact: Prabhudas Lilladher
A customer carries take-out food from a McDonald’s Corp. restaurant, operated by Hardcastle Restaurants Pvt., in Mumbai, India (Photographer Dhiraj Singh/Bloomberg)

Westlife Development Q4 Review - Long Term Story Intact: Prabhudas Lilladher

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.

Prabhudas Lilladher Report

We remain positive on the long term story for Westlife Development Ltd. and expect it to emerge stronger from the pandemic given-

1. closure of more than 25-30% eateries due to pandemic

2. increased consumer focus towards health and hygiene measures

3. leaner cost structures to result in margin expansion once sales normalize

4. emergence of convenience channel resulting in higher average unit volumes

5. margin expansion from higher contribution from McCafe.

Click on the attachment to read the full report:

Prabhudas Lilladher Westlife Q4FY21 Result Update.pdf

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