Tuesday, 29 September 2026 NSE & BSE filings, as they land
ALFA News Straight from the exchange filing
Promoter Buying

Westlife Foodworld Promoter Group Acquires 1.23% Stake via Open Market Transactions

ADMAS Industries Private Limited, a member of the promoter group of Westlife Foodworld Limited, has increased its stake by 1.23% through open market purchases. The acquisition involved 19,15,000 equity shares, bringing the total promoter group holding to 57.63%.

Westlife Foodworld Promoter Group Acquires 1.23% Stake via Open Market Transactions
Westlife Foodworld · Hotels Restaurants & Tourism · Representative image
Key numbers
Shares Acquired 19.15 LakhEquity Shares
Stake Increase 1.23%Open Market
Market Cap ₹9,041.96 CrMid Cap
TTM PE 285.31Sector PE 43.02

Key highlights

  • Acquisition of 19,15,000 equity shares via open market transactions
  • Promoter group stake increased from 56.40% to 57.63%
  • Purchases executed across two sessions on September 23 and 25, 2026
  • Transaction handled by ADMAS Industries Private Limited
  • Westlife Foodworld operates the McDonald's master franchise in West and South India

What the Promoters Bought

ADMAS Industries Private Limited, a promoter group entity, executed the acquisition of 19,15,000 equity shares of Westlife Foodworld Limited. The purchase was completed in two tranches through open market operations. On September 23, 2026, the entity acquired 15,90,000 shares, followed by an additional 3,25,000 shares on September 25, 2026.

This transaction represents a 1.23% increase in the company's total voting rights. The company informed the exchanges of this acquisition under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, noting the transition from a prior holding to the current expanded position.

Shareholding Picture

  • Pre-acquisition promoter group holding stood at 8,79,46,083 shares or 56.40% stake
  • Post-transaction, the total promoter group holding increased to 8,98,61,083 equity shares
  • The cumulative stake held by the promoter group now represents 57.63% of the paid-up capital
  • Total equity share capital consists of 15,59,36,165 shares of Rs. 2/- each
  • No shares within the promoter group holding are reported as encumbered or pledged

Business Overview

Westlife Foodworld Limited serves as the master franchisee for McDonald’s in Western and Southern India through its subsidiary, Hardcastle Restaurants Private Limited. The company manages a network of over 380 restaurants across 60 cities, including major hubs like Mumbai, Bengaluru, and Hyderabad. Its operations span multiple states including Maharashtra, Karnataka, Telangana, and Gujarat.

The business model focuses on diverse formats such as standalone outlets, food courts, and drive-thrus, bolstered by specialized sub-brands like McCafé. Growth strategies currently prioritize digital integration via 'Experience of the Future' restaurant designs and expanding its delivery footprint through the McDelivery platform.

Financial Context

The company reported TTM operating revenue of Rs. 2,703.56 crore and a net profit of Rs. 31.69 crore.

Westlife Foodworld currently trades at a TTM Price-to-Earnings (P/E) ratio of 285.31, compared to an industry P/E of 58.18 and a broader sector average of 43.02. While the company achieved a 12.25% revenue growth quarter-on-quarter, net profit for the June 2026 quarter declined by 52.2% on a year-over-year basis. The stock has a Durability Score of 70 and its price-to-book value is 14.59.

Current technical indicators show a Day RSI of 56.38, while the stock trades above its 200-day SMA of 503.37.

Westlife Foodworld · financial snapshot
Share price₹579.85
Market capitalisation₹9,041.96 Cr
Revenue (annual)₹2,625.56 Cr
Net profit (annual)₹32.33
P/E (TTM)285.31×Sector 43.02×
Promoter holding56.4%+0.04% QoQ
FII holding6.94%Current quarter

Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.

Source verified

Exchange filing by Westlife Foodworld Limited regarding the disclosure of acquisition under SEBI Takeover Regulations. Market figures from a third-party data provider.

Read the filing ↗

Track Westlife Foodworld live

Get the next Westlife Foodworld filing on Telegram seconds after it lands. 15 days free.

Start free trial

More in Promoter Buying

All →