Westlife Development Ltd., incorporated in 1982, is a mid-cap company (having a market capitalization of Rs 4940.14 Crore) operating in the tourism and hospitality sector.
The main products/revenue segments of Westlife Development Ltd. include income from the sale of stocks and securities for the year ending March 31, 2021.
For the quarter ended 31-03-2022, the company reported a consolidated total revenue of Rs 468.18 Crore, down -2.68% from last quarter. Total revenue of Rs 481.10 Crore and up by 29.74% compared to the same quarter last year. Total revenue of Rs 360.87 Crore. . The company reported net profit after tax of Rs 15.32 Crore last quarter.
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Expect an EBITDA CAGR of around 16% or margin gains of around 300 basis points from pre-Covid, driven by better gross margins and operating leverage. Margin gains are despite weaker price upside versus peers
The promoters held 56.98% of the company’s capital as of March 31, 2022, while the FIIs held 9.94% and the DIIs 22.84%.
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