Goldman Sachs has downgraded Westlife Foodworld to a Neutral rating, setting a target price of ₹550.00 per share. The investment bank's revised stance represents a shift in its assessment of the McDonald's franchise operator in India.

Rating Revision Details

The following table summarizes Goldman Sachs' updated recommendation:

Company Overview

Westlife Foodworld operates McDonald's restaurants across western and southern India, serving as the master franchisee for the American fast-food chain in these regions. The company has been expanding its footprint in the Indian quick-service restaurant market, focusing on both dine-in and delivery services.

Market Implications

The rating downgrade to Neutral suggests Goldman Sachs analysts have adopted a more cautious view on the stock's near-term prospects. A Neutral rating typically indicates that analysts expect the stock to perform in line with the broader market or sector averages, rather than outperforming significantly.

The ₹550.00 target price provides investors with Goldman Sachs' assessment of the stock's fair value based on their current analysis of the company's fundamentals and market conditions. This target price serves as a benchmark for potential upside or downside from current trading levels.

Westlife Foodworld has announced a key leadership appointment with Mr. Shardul Doshi being named as the new Chief Financial Officer (CFO), effective December 15, 2025. The appointment represents a significant change in the company's key managerial personnel structure.

Leadership Appointment Details

The appointment was formally approved by the Board of Directors of both Westlife Development Ltd and its subsidiary company. Mr. Doshi will serve as CFO for both entities, indicating a consolidated financial leadership approach across the corporate structure.

Professional Background

Mr. Shardul Doshi brings extensive expertise to his new role as a qualified Chartered Accountant, Cost Accountant, and Company Secretary. His professional credentials include over 25 years of comprehensive experience spanning finance, accounting, taxation, and strategic financial management across diverse industry sectors.

Regulatory Compliance

The company has fulfilled its regulatory obligations by informing both the BSE Ltd and National Stock Exchange of India about this key managerial personnel change. The notification was made in compliance with Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Corporate Communication

The formal intimation was communicated to the stock exchanges on December 16, 2025, ensuring timely disclosure of the leadership change. Dr. Shatadru Sengupta, Company Secretary, signed the official communication on behalf of Westlife Foodworld Limited, maintaining proper corporate governance protocols.

This appointment reflects Westlife Foodworld's ongoing commitment to strengthening its financial leadership as it continues operations in the quick service restaurant sector.