Westlife Foodworld (WESTLIFE IN) – Q2FY27 Result Update – Recovery continues, risk reward favorable – ACCUMULATE
Published on 23 Oct 2026
WFL remains focused on long-term growth drivers, including 1) product innovation across burgers, chicken and coffee-led combos, including McSaver meals and the McCafé subscription program, and 2) store expansion, with guidance of 580–630 stores by CY27 (~60 net additions in FY27). WFL trades at 17.8x FY29 Pre-Ind AS EV/EBITDA, offering a favorable risk-reward on hopes of sustained demand recovery. We maintain Accumulate rating with a DCF-based TP of Rs612 (earlier Rs543).