Westlife Development Ltd has posted Q4 FY2017-18
results with Sales +34.59% YoY & PAT +260%. After going through the Data(
available at Public domain ), Management is active to increase the number of Outlets
and has recently added some new products ie McCafe.
The Red Flag, which I am
going to point out is that SSG (Same Store Growth) , which is now ~25% almost equal to Jubliant
foodworks. If Westlife Development Ltd does’t
support & innovate its product mix, it will find hard to complete
with Jublant foodworks and its Financials will affected in near future.
Valuations : WDL is now trading at 51.3X of its EPV ( March
2018 earnings )
Financials : https://www.screener.in/company/505533/
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