Westlife Development (McDonald)
Jubilant Foodworks (Domino's Pizza & Dunkin Donut)
TastyBite - Supplier to Westlife (WDL) & Jubilant Food (JFW) & derives 33.2% revenue from QSR
Rest listed QSR, I didn't feel worth my time.
Know Your Company (See Pic attached) –
Indian Promoter - Jatia Group
Google stories -> Amit Jatia
- Vikram Bakshi, Connaught Plaza Restaurants (CPRL) - North & East India McDonald, Dispute
Earlier named: Dhanaprayog Investments Co, used to offer investment and allied financial services, its license as a NBFC was cancelled in 2009
Locked up in in Upper Circuit almost non-stop from Jan 2009 to Jul 2013 - may be more..
Moved from Rs 7.88 (21May2012) to Rs 286 on 3July2013.
Insider tradings & even promoters had to pay Regulatory charges(though minuscule) for settlement
Westlife Development: Low or no volumes and 2,20,000% price rise!
That's enough for me.
Latest I saw was 14Feb2020 Insider trade (perhaps Valentine Day Gift exchange 😉)
For Last 13 yrs-
Avg Net Profit Margin -0.10 % (Terrible)
Avg. ROE 0.38 % (Terrible & fluctuating)
FCF Growth Rate 0%
Equity Dilution -2.75% (I don't like this usually Cash strapped companies do it)
ROCE, ROE, RoA are Terrible
Reduced by -3.02% in Mar 2020 Quarter (Not Good)
P/E= 191.42 (Very High)
Debtor Days & Inventory Turnover Ratio has been steady (Good)
From all above -
Quality, Profitability & Solvency - Not OK
Growth, Efficiency, Financial Trend - Slightly OK