Westlife Foodworld Limited · NSE:WESTLIFE
Westlife Foodworld — Q1 FY25 Earnings Presentation
20 slides from Westlife Foodworld's earnings presentation, Jul 25, 2024
Slide 1: Westlife Foodworld exchange submission letter
WESTLIFE FOODWORLD LTD. [Formerly known as Westlife Development Ltd.] Regd. Off.: 1001, Tower-3, 10th Floor One International Center Senapati Bapat Marg Prabhadevi Mumbai 400 013 Tel : 022-4913 5000 Fax : 022-4913 5001 CIN No. : L65990MH1982PLC028593 Website: www.westlife.co.in | E-mail id :sh
Slide 2: Westlife Foodworld Q1 FY25 Earnings Presentation
Westlife Foodworld Hardcastle Restaurants Pvt. Ltd. Q1 FY25 Earnings Presentation July 25, 2024 Formerly Westlife Development Limited
Slide 3: Safe harbour disclosure
Safe harbour disclosure This presentation contains forward-looking statements that represent our beliefs, projections and predictions about future events or our future performance. Forward-looking statements can be identified by terminology such as “may,” “will,” “would,” “could,” “should,” “expect,
Slide 4: Q1 FY25 Highlights
Q1 FY25 Highlights ₹ 6.16 bn ₹ 800 mn ₹ 463 mn 0.3% YoY | -6.7% SSSG -24.1% YoY | 13.0% margin -30.9% YoY | 7.5% margin Sales Op. EBITDA Cash PAT ₹ 61.3 mn 69% +34 mn -8% YoY Apps + SOKs LTD | MAU 15% YoY AUV (TTM) Digital Sales App Downloads 403 6% YoY 45-50 +6 in Q1FY25 | 66 cities 42% contributio
Slide 5: Same store sales to improve in second half of the year
Same store sales to improve in second half of the year Revenue, INR mn ▪ SSSG stood at -6.7% YoY (vs +7.4% in Q1 0.3% YoY FY24) on account of subdued instore business. Off Premise business saw stable same store sales. 6,145 6,164 5,623 ▪ Off-Premise business grew by 6% YoY led by Delivery & Drive th
Slide 6: Value platform and Product innovation to drive volume
Value platform and Product innovation to drive volume TTM Average Sales Per Store, INR mn ▪ Sustained focus on driving guest count through Everyday McSaver Meals platform. -8% YoY ▪ Product innovation continues with Chicken Surprise, a new entry-level burger, bolstering the Chicken platform. 66.9 63
Slide 7: Profitability to improve with better scale
Profitability to improve with better scale Gross Margin, Percent ROM*, Percent 23.0% ▪ Gross margin at 70.8% improved by 62 bps 70.6% 70.2% 70.8% 19.4% 19.1% sequentially and 21 bps YoY led by cost optimization and benign input costs. System level pricing remained stable. ▪ Restaurant operating marg
Slide 8: A unique business model catering various market segments across dayparts
A unique business model catering various market segments across dayparts Multi-Category Multi-Daypart Burgers Sides Coffee Breakfast Snacks Meals Wraps Shakes, Desserts Smoothies & Coolers Chicken Multi-Channel Multi Brand Extensions On the Go Dine in Takeaway Drive thru Delivery 7
Slide 9: Three strategic focus areas over the medium term
Three strategic focus areas over the medium term Modern, relevant & progressive food & food tech company Meals Omni-channel Network expansion Achieve market leadership in core day parts Integrate various channels and touchpoints Penetrate unserved geographies and through brand relevance led by menu
Slide 10: Building Meals leadership through Menu relevance & Marketing
Meals Building Meals leadership through Menu relevance & Marketing Market leaders in snacking Market leaders in West Targeting leadership in South Commit to the Core Burgers Chicken Coffee Only WFF player in the segment Maximize our Marketing Family Marketing Brand Trust Graphs for representation pu
Slide 11: Robust Omni Channel model with unified experience
Omnichannel Robust Omni Channel model with unified experience UNIFIED EXPERIENCE ~69% Digital-led Sales +34 mn Cumulative Apps Downloads Dine In Take Away Drive Thru On The Go Delivery Front Self Ordering McDonalds McDelivery +3 mn Omni (Own App + Counter Kiosk Channel App 3PO) Monthly Active Users
Slide 12: Aggressive and prudent Network Expansion
Network Expansion Aggressive and prudent Network Expansion Presence in 403 restaurants across 66 cities (as of June 2024) Drive-thrus McCafés EOTF* 82 Drive-thrus 371 McCafés 303 EOTF stores (+1 in Q1 FY25; ~20% of restaurants) (+11 in Q1 FY25; ~92% of restaurants) (+11 in Q1 FY25; 86% of restaurant
Slide 13: Menu Initiatives
Menu Initiatives Mango Desserts Mango McSwirl & Sundae Mango McFlurry with Oreo & Lotus Biscoff McVeggie & McChicken Fiesta 12
Slide 14: Brand Campaigns
Brand Campaigns A person in a chef's uniform Description automatically generated 13
Slide 15: Financials
Financials Particulars (INR Mn, Post INDAS 116) Q1FY25 % Q1FY24 % Q4FY24 % Sales 6,163.8 100.0% 6,145.4 100.0% 5,622.8 100.0% YoY Sales Growth % 0.3% 14.2% 1.1% Food & paper 1,800.8 29.2% 1,808.5 29.4% 1,677.5 29.8% Gross Profit 4,362.9 70.8% 4,337.0 70.6% 3,945.3 70.2% Payroll & Benefits 622.2 10.1
Slide 16: P&L reconciliation
P&L reconciliation (A) (B) (C) (D) (E) (F) (A over D) Q1 FY25 Ind AS 116 Q1 FY25 Q1 FY24 Ind AS 116 Q1 FY24 YoY Growth Particulars (INR mn) (Adjusted) Changes^ (Reported) (Adjusted) Changes^ (Reported) (Adjusted) Revenue 6,163.8 - 6,163.8 6,145.4 - 6,145.4 0.3% Occupancy and other operating expenses
Slide 17: Vision 2027
Meals Strategy 01 Achieve market leadership in core day parts through brand relevance led by menu innovation and marketing Omnichannel Strategy Vision 02 Integrate various channels and touchpoints to a One McDonald’s platform in order to provide consumers a seamless experience 2027 03 Faster than ev
Slide 18: McDonald's Together
Building a Bigger | Better | Bolder McDonald’s Together
Slide 19: Q1 FY25 Earnings Call Invite
Westlife Foodworld Limited Q1 FY25 Earnings Call Invite Westlife Foodworld Limited (NSE: WESTLIFE, BSE: 505533) will announce its results for the first quarter that ended June 30, 2024, on July 25, 2024. Following the announcement, the management team will host a conference call for investors and an
Slide 20: Thank you
Thank you IR Contact For additional information: Chintan Jajal | Investor Relations investor.relations@mcdonaldsindia.com Westlife Foodworld Limited