Add Westlife Foodworld, target price Rs 800: ICICI Securities

ICICI Securities has add call on Westlife Foodworld with a target price of Rs 800. The current market price of Westlife Foodworld is Rs 738.9.

Westlife Foodworld Ltd., incorporated in the year 1982, is a Mid Cap company (having a market cap of Rs 11528.36 Crore) operating in Tourism & Hospitality sector.

Westlife Foodworld Ltd. key Products/Revenue Segments include Income From Sale Of Share & Securities for the year ending 31-Mar-2023.



Financials
For the quarter ended 31-12-2023, the company reported a Consolidated Total Income of Rs 604.96 Crore, down -2.12 % from last quarter Total Income of Rs 618.03 Crore and down -2.30 % from last year same quarter Total Income of Rs 619.21 Crore. Company reported net profit after tax of Rs 17.24 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 56.23 per cent stake in the company as of 31-Dec-2023, while FIIs owned 10.48 per cent, DIIs 23.97 per cent.