Sole master franchisee of McDonald's quick-service restaurants across West and South India.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 |
| Reserves | 546 | 450 | 431 | 535 | 557 | 572 | 592 | 588 |
| Borrowings | 966 | 968 | 1.1k | 1.2k | 1.4k | 1.6k | 1.7k | 1.8k |
| Other Liabilities | 220 | 274 | 281 | 330 | 335 | 381 | 373 | 406 |
| Total Liabilities | 1.8k | 1.7k | 1.8k | 2.1k | 2.3k | 2.6k | 2.7k | 2.8k |
| AssetsFixed Assets | 1.4k | 1.3k | 1.4k | 1.6k | 1.8k | 2.1k | 2.1k | 2.3k |
| CWIP | 23 | 26 | 36 | 57 | 45 | 26 | 71 | 69 |
| Investments | 157 | 198 | 150 | 130 | 138 | 159 | 141 | 120 |
| Other Assets | 175 | 215 | 249 | 289 | 286 | 372 | 359 | 390 |
| Total Assets | 1.8k | 1.7k | 1.8k | 2.1k | 2.3k | 2.6k | 2.7k | 2.8k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 112 | 200 | 129 | 171 | 349 | 340 | 345 | 352 |
| Cash from Investing | -145 | -68 | -74 | -56 | -265 | -185 | -221 | -202 |
| Cash from Financing | 32 | -139 | -45 | -102 | -98 | -149 | -79 | -192 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -31 | 74 | 80 | 71 | 79 | 124 | 127 | 115 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
WESTLIFE · CYCLICAL_UNMODELABLE
Guides on how to read this kind of business and the numbers that matter.