Westlife Foodworld Subsidiary Hardcastle Restaurants Recommends Final Dividend of Rs. 72/- Per Share for FY2025-26

Westlife Foodworld Limited has notified the stock exchanges of a final dividend recommendation by its wholly-owned subsidiary, Hardcastle Restaurants Private Limited, for the financial year 2025-26. The disclosure 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.

Dividend Recommendation by Hardcastle Restaurants

The Board of Directors of Hardcastle Restaurants Private Limited, in its meeting held on 7th May, 2026, recommended the payment of a final dividend to its members, subject to their approval. The key details of the recommended dividend are outlined below:

Parameter: Details Subsidiary Name: Hardcastle Restaurants Private Limited Dividend Type: Final Dividend Dividend Per Share: Rs. 72/- Face Value Per Share: Rs. 1,000/- Financial Year: 2025-26 Board Meeting Date: 7th May, 2026

Regulatory Compliance

The intimation was filed by Westlife Foodworld Limited in accordance with applicable SEBI listing regulations. The communication was addressed to both BSE Limited and the National Stock Exchange of India Limited. The filing was signed by Dr. Shatadru Sengupta, Company Secretary of Westlife Foodworld Limited, on 7th May, 2026. The recommended dividend remains subject to approval by the members of Hardcastle Restaurants Private Limited before it is formally declared and paid.

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

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