1. Opening Hook
Just when half of India was arguing whether McDonald’s French Fries taste different on weekdays vs weekends, Westlife Foodworld quietly delivered a quarter wheregross margins hit an all-time high—yes, in a consumption downturn. Revenue barely moved, but costs bowed down like students before a strict professor.
As theTao Te Chingnotes:“He who conquers others is strong; he who conquers himself is mighty.”Westlife clearly conquered its cost sheet this quarter.
Grab a cold coffee and read on—because things get delightfully spicy later. 🍟
2. At a Glance
- Revenue ₹642 Cr – Up 3.8%(Growth so soft it needs protein supplementation.)
- Gross Margin 72.4% – All-time high(Even auditors asked “Really?”)
- Restaurant Margin 19.2% – Up 60 bps(Operational excellence: verified.)
- Cash PAT ₹421 Cr (adj.)(Exceptional items yo-yo’d like crypto.)
- Digital Sales 75% of revenue(Even your chaiwala isn’t this digital.)
- SSSG -2.8%(Bad September entered the chat.)
3. Management’s Key Commentary (with sarcastic translations)
“Discretionary spends remained soft; industry saw decline.”(Translation: People ate more at home. Mom wins again.)
“We grew 4% against industry decline.”(Translation: We didn’t win the race, but others tripped harder.)
“Gross margin hit 72.4% due to supply chain efficiencies.”(Translation: We squeezed lemons till they begged for mercy.) 😏
“Digital is 75% of revenue with 3M MAUs.”(Translation: Apps are eating the restaurants.)
“Protein Plus Slice sold out in one day.”(Translation: India’s protein deficiency solved for exactly 24 hours.)
“McDelivery will double in 2 years.”(Translation: We want to escape aggregator mood swings
once and for all.)
“AI video analytics reduce kitchen complaints.”(Translation: Big Brother is watching your fries.)
“SSSG remains negative due to weak September.”(Translation: September was so bad, we don’t want to talk about it.)
“450 restaurants now; on track for 580–630 by 2027.”(Translation: Real estate agents love us.)
4. Numbers Decoded
Metric | Q2 FY26 Value | YoY Change | One-Line Analysis
----------------------------|---------------|------------|-------------------------------
Revenue | ₹642 Cr | +3.8% | Consumers dieting, apparently.
SSSG | -2.8% | N/A | September behaved like 2020.
Gross Margin | 72.4% | +140 bps | Supply chain glow-up.
Restaurant Margin | 19.2% | +60 bps | Ops team carried the quarter.
Digital Revenue Share | 75% | +300 bps | App > appetite.
New Stores | 8 | N.A. | Now at 450 stores.
Cash PAT (Adj.) | ₹421 Cr | N.A. | Beneath the exceptional circus.Post-table punch:This quarter’s story? Margins flexed; sales sulked.
