Westlife Foodworld Q4 FY26 Results: Revenue Up 8.7%, Expands Network
Westlife Foodworld announced Q4 FY26 results with revenue rising 8.7% YoY to ₹6.55 billion and operating EBITDA growing 9.6% to ₹870 million. The company expanded its network to 478 restaurants, achieving full-year revenue of ₹26.26 billion and a Cash PAT of ₹2.35 billion.

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Westlife Foodworld Limited announced its audited financial results for the fourth quarter and year ended March 31, 2026. The company, which owns and operates McDonald's restaurants in West and South India, reported a disciplined performance with revenue growth and steady margin expansion.
Q4 FY26 Financial Highlights
The company reported a total income of ₹6.62 billion for Q4 FY26, with revenue from operations at ₹6.55 billion, representing an 8.7% increase year-on-year. Operating EBITDA stood at ₹870 million, up 9.6% YoY, while the Operating EBITDA margin remained broadly stable at 13.3%. Cash Profit After Tax (PAT) was ₹487 million, accounting for 7.4% of sales. For the full year FY26, revenue reached ₹26.26 billion, a 5.4% YoY increase, with Cash PAT at ₹2.35 billion, a 23.4% YoY growth.
| Metric | Q4 FY26 Performance | FY26 Performance |
|---|---|---|
| Total Income | ₹6.62 billion | ₹26.26 billion |
| Revenue from Operations | ₹6.55 billion, up 8.7% YoY | ₹26.26 billion, up 5.4% YoY |
| Operating EBITDA | ₹870 million, up 9.6% YoY | ₹3.47 billion, up 5.4% YoY |
| Operating EBITDA Margin | 13.3% | 13.2% |
| Cash PAT | ₹487 million (7.4% of sales) | ₹2.35 billion (9.0% of sales) |
| Same Store Sales Growth (SSSG) | 1.5% | -1.1% |
Operational Performance and Expansion
Operational discipline anchored profitability during the quarter, with Gross Margin expanding approximately 60 basis points sequentially and Restaurant Operating Margin (ROM) improving around 70 bps YoY to 19.8%. The company navigated inflationary pressures through supply chain efficiencies and cost optimisation initiatives.
On the expansion front, Westlife Foodworld added 21 restaurants in Q4 FY26, bringing its total footprint to 478 restaurants across 78 cities. The company remains on track to achieve its medium-term target of 580–630 restaurants by 2027, with plans to add 60+ restaurants in FY27.
Digital and Consumer Trends
Digital channels continued to gain traction, contributing approximately 76% to overall sales. The platform recorded approximately 3.5 million Monthly Active Users (MAUs) and 52 million cumulative app downloads. Consumer initiatives such as Everyday Value Meals at ₹99 and a monthly McCafé coffee subscription helped drive frequency and brand loyalty.
Management Commentary
Commenting on the performance, Amit Jatia, Chairperson of Westlife Foodworld Limited, said, "In a quarter marked by evolving market dynamics, our performance reflects the strength of our long-term strategy and disciplined execution. Despite ongoing external pressures, our focus on value leadership, digital engagement, and operational efficiency enabled us to sustain margins while improving guest counts."
Source: None/Company/INE274F01020/250a3274-5e42-4a4d-beaa-bb79a4480b7c.pdf
Historical Stock Returns for Westlife Foodworld
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.31% | +4.10% | +9.87% | -14.37% | -28.10% | +16.22% |
With SSSG still negative at -1.1% for FY26 despite the everyday value platform, what strategic levers can Westlife Foodworld deploy to achieve meaningful positive same-store sales growth in FY27?
As Westlife targets 60+ new restaurant openings in FY27 to reach the 580–630 store medium-term goal, how might accelerated capital expenditure impact free cash flow and leverage ratios going forward?
Given that cocoa and coffee inflation pressured margins in FY26, how exposed is Westlife Foodworld to continued commodity price volatility, and could further cost headwinds compress the gross margin improvements achieved this year?


































