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westlife development ltd (505533) Details

Westlife Development Limited, through its subsidiary, Hardcastle Restaurants Private Limited, owns and operates a chain of McDonald's restaurants in western and southern India. The company operates through various formats and brand extensions, including standalone restaurants, drive thru’s, 24/7, McDelivery, and dessert kiosks. As of September 30, 2016, it operated 245 restaurants across 33 cities in the states of Telangana, Gujarat, Karnataka, Maharashtra, Tamil Nadu, Kerala, Chhattisgarh, Andhra Pradesh, Goa, and Madhya Pradesh. The company also operates approximately 89 McCafés. Westlife Development Limited was incorporated in 1982 and is based in Mumbai, India.

7,805 Employees
Last Reported Date: 08/1/17
Founded in 1982

westlife development ltd (505533) Top Compensated Officers

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Compensation as of Fiscal Year 2017.
westlife development ltd
Westlife Development Limited - Special Call

Westlife Development Limited - Special Call

Westlife Development Limited Announces Auditors Changes

Westlife Development Limited announced that on September 20, 2017, at the 34th AGM of the company, B S R & Associates LLP, Chartered Accountants, have been appointed as the statutory auditors of the company in place of the retiring auditors that is S R B C & CO LLP and shall hold office from the conclusion of the said 34th AGM till the conclusion of the 39th AGM of the company, subject to ratification of their appointment by the members at every AGM, as required under the applicable provisions of the Companies Act, 2013.

Westlife Development Limited, Annual General Meeting, Sep 20, 2017

Westlife Development Limited, Annual General Meeting, Sep 20, 2017, at 14:30 Indian Standard Time. Location: Imperial Hall, 1st Floor, Sunville Banquets, 9 Dr Annie Besant Road, Worli Mumbai Maharashtra India Agenda: To consider and adopt the audited financial statements of the company for the financial year ended March 31, 2017 and the reports of the board of directors and the auditors thereon; to consider the audited consolidated financial statements of the company for the financial year ended 31 March, 2017; to appoint a director in place of Ms. Achal Jatia, who retires by rotation and being eligible, offers herself for re-appointment; to ratify the appointment of statutory auditors of the company, and to fix their remuneration; and to discuss other related matters.


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Valuation 505533 Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 5.4x
Price/Book 6.8x
Price/Cash Flow 66.4x
TEV/Sales 3.4x

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