SAPPHIRE · Sapphire Foods India Ltd · Restaurants
SAPPHIRE · Sapphire Foods India Ltd · Restaurants
As of 05 Nov close
52-week range
32.3% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹891 Cr
Revenue YoY
PAT YoY
+880.0%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
6.5
P/S (TTM)
2.2
Sector P/E
32.7
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| SAPPHIRE (this stock) | Not meaningful (earnings negative over the last 12 months) | 6.5 | -0.5% | -1.2% | 1.02 | 0.0% |
| Jubilant FoodWorks | 77.3 | 345.9 | +4.5% | +18.7% | 2.14 | +0.3% |
| Travel Food Services | 36.6 | 11.2 | +27.6% | +33.0% | 0.17 | +0.8% |
| Devyani International | Not available from data source | 9 | -0.5% | -1.8% | 2.49 | 0.0% |
Promoter
stable
FII
falling 3q
MF
35.87% (+4.54pp)
rising 1q
Insider trades
| Date | Insider | Type | Qty | Value |
|---|---|---|---|---|
| 10 Sept 2026 | Sanjay Purohit | SELL | 9,02,555 | ₹20.31 Cr |
| 03 Sept 2026 | Sanjay Purohit | SELL | 6,94,445 | ₹15.87 Cr |
Bulk/block deals
| canonicalSymbol | date | buy quantity | buyer count | deal strength | deal types present |
|---|---|---|---|---|---|
| SAPPHIRE | 2026-08-05 | 1770000 | 1 | STRONG | BULK |
| SAPPHIRE | 2026-06-10 | 2462029 | 1 | STRONG | BULK |
| SAPPHIRE | 2026-04-29 | 1931264 | 1 | WEAK | BULK |
News timeline
- unknowneconomictimes.indiatimes.com· 31 Oct 2026, 09:10 pmCCI clears five major deals across food, energy, fintech and telecom sectors
Concalls & investor presentations
AI-generatedKey takeaway: Sapphire Foods India Limited, operator of KFC and Pizza Hut in India, Sri Lanka, and Maldives, reported FY27 Q2 results showing ₹8,853 million in restaurant sales, a 20% YoY increase. Adjusted EBITDA reached ₹624 million, up 39% YoY, with an EBITDA margin of 7.1%, up 100 bps. For the 6M FY27 period, restaurant sales totaled ₹17,736 million, up 17% YoY, and adjusted EBITDA was ₹1,373 million, up 38% YoY, with a margin of 7.7%, up 110 bps. The company operates 1,086 total restaurants, including 606 KFC and 469 Pizza Hut locations. KFC India saw net additions of 31 restaurants in 6M FY27, with average daily sales per restaurant at ₹116. Pizza Hut India added one restaurant, with average daily sales at ₹44. Sri Lanka operations added two restaurants, with average daily sales at ₹111. The company emphasized initiatives like zero-based budgeting, cost optimization, and expansion of smaller restaurants. Management highlighted operational improvements, including digital kiosks and enhanced delivery revenue, which rose to 44% of total revenue from 21% in FY19. The board includes independent directors and promoters, with promoters holding 42.5% of shares. The presentation included forward-looking statements about future performance, subject to risks and uncertainties.
The document presents factual financial results and operational updates without overtly positive or negative language.
Sourced from an exchange-filed presentation, dated 26 Oct 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Sapphire Foods India Limited reported strong financial performance in Q2 FY27, with revenue growing by 20% YoY to ₹8,853 Mn and adjusted EBITDA increasing by 39% YoY to ₹624 Mn. The company added 15 KFC restaurants and one Pizza Hut in Sri Lanka, bringing total outlets to 1,086. KFC India saw revenue growth of 26% YoY, with SSSG at 14%, driven by value offers and marketing investments, though Rest. EBITDA margin was 14.5% (up 70 bps YoY) despite inflation. Pizza Hut India reported 7% revenue growth and SSSG of 5%, with double-digit SSTG, but Rest. EBITDA was negative at 2.8% (down 100 bps YoY) due to higher energy costs. Sri Lanka's business grew revenue by 9% in LKR with SSSG of 5%, but Rest. EBITDA remained at 12.5% (down 290 bps YoY) amid high inflation. Consolidated EBITDA rose 21% YoY to ₹1,286 Mn, with a margin of 14.5% (up 20 bps YoY). The presentation included forward-looking statements about future performance, which are subject to risks and uncertainties. The company emphasized brand-specific strategies, including value promotions, digital initiatives, and new store expansions across India and Sri Lanka.
The document highlights strong revenue and EBITDA growth, positive SSSG figures, and strategic initiatives, indicating a positive tone.
Sourced from an exchange-filed presentation, dated 22 Oct 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Sapphire Foods India Limited's investor presentation provided an overview of the company's operations, highlighting its role as a franchisee operator for KFC and Pizza Hut in India, Sri Lanka, and the Maldives. As of June 30, 2026, the company operated 1,074 restaurants, including 591 KFC and 472 Pizza Hut locations. The presentation reported a 15% year-over-year increase in restaurant sales for Q1 FY27, reaching ₹8,882 million, and a 37% increase in adjusted EBITDA to ₹749 million. Management emphasized initiatives such as zero-based cost budgeting and optimizing restaurant sizes to enhance profitability. The document also detailed brand priorities for KFC and Pizza Hut, focusing on consumer experience and operational excellence. Additionally, the presentation included information on the management team, board of directors, and shareholding pattern, indicating a diverse ownership structure with significant foreign and domestic investor participation.
The presentation provided a balanced overview of operational performance and strategic initiatives without strong emphasis on growth or challenges.
Sourced from an exchange-filed presentation, dated 11 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Sapphire Foods India Limited reported strong financial performance for Q1 FY27, achieving a 15% revenue growth, the highest in eleven quarters, and a 32% adjusted EBITDA growth, the best in fifteen quarters. The revenue reached INR 888 crores, with significant contributions from the addition of new restaurants and positive same-store sales growth (SSSG) across its brand verticals, including KFC and Pizza Hut. KFC reported a 5% SSSG and a 17% system growth, while Pizza Hut achieved a 1% SSSG after five quarters of decline. The Sri Lanka business also showed resilience with a 9% SSSG despite facing inflationary pressures. Management highlighted a focus on driving consumer recruitment through value offerings and marketing strategies. The overall consolidated adjusted EBITDA was INR 75 crores, reflecting a 37% year-on-year increase. Management expressed optimism about maintaining growth momentum despite external challenges.
Management emphasized strong growth and positive performance across multiple brand verticals.
Sourced from an exchange-filed transcript, dated 30 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Sapphire Foods India Limited reported strong performance for Q1 FY27, marking its second consecutive quarter of growth. The company achieved a 15% increase in revenue, reaching ₹8,882 million, which is the highest growth in the last 11 quarters. Adjusted EBITDA grew by 37% year-over-year, amounting to ₹749 million, the best in the last 15 quarters. The company added 22 new restaurants, bringing the total to 1,074. KFC India saw a revenue growth of 17% with a same-store sales growth (SSSG) of 5%, while Pizza Hut India reported a slight SSSG of 1% after five quarters. The Sri Lanka business experienced a revenue increase of 14% in local currency, with a 9% SSSG. Despite challenges such as high energy costs, the overall financial metrics showed improvement, including a consolidated adjusted profit before tax of ₹273 million, up from ₹83 million in the previous year.
Management highlighted strong revenue and EBITDA growth across multiple segments.
Sourced from an exchange-filed presentation, dated 24 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Sapphire Foods India Limited reported its Q4 FY26 earnings during the conference call held on April 28, 2026. Management highlighted that this quarter marked the best performance in the last 12 quarters, driven by strong same-store sales growth (SSSG) and adjusted EBITDA growth. Revenue reached INR 7.9 billion, reflecting an 11% year-on-year increase, with KFC revenue growing by 15%, the highest in eight quarters. The company added 19 KFC restaurants and two Pizza Huts in India, along with three Pizza Huts in Sri Lanka, bringing the total restaurant count to 1,052. Despite challenges such as LPG availability and inflation, consolidated adjusted EBITDA grew by 20% year-on-year. Management noted that the KFC performance was supported by a two-pronged consumer recruitment strategy and emphasized the importance of their merger with Devyani International for future growth. The Sri Lanka business also showed strong performance with a 16% revenue growth in LKR terms.
Management emphasized strong growth and positive performance metrics.
Sourced from an exchange-filed transcript, dated 05 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation from Sapphire Foods India Limited, dated May 4, 2026, provided an overview of the company's operations, financial performance, and strategic initiatives. The presentation highlighted Sapphire Foods as a franchisee operator for KFC and Pizza Hut in India, Sri Lanka, and the Maldives, with a total of 1,052 restaurants. For Q4 FY26, the company reported restaurant sales of ₹7,898 million, an 11% increase year-over-year, and an EBITDA of ₹1,249 million, reflecting a 10% increase. The document outlined key initiatives such as zero-based cost budgeting and a focus on optimizing restaurant sizes. Additionally, Sapphire Foods was recognized as a Gallup Exceptional Workplace for the sixth consecutive year. The presentation included details on the management team, board of directors, and shareholding pattern, indicating a diverse and experienced leadership structure.
The presentation provided a balanced overview of the company's operations and financials without emphasizing significant growth or challenges.
Sourced from an exchange-filed presentation, dated 04 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Sapphire Foods India Limited reported that Q4 FY26 was its best quarter in the last 12 quarters, achieving significant growth in Same Store Sales Growth (SSSG) and Adjusted EBITDA, driven by strong consumer recruitment for KFC. The company recorded a revenue of ₹7,898 million, reflecting an 11% year-on-year growth, with KFC revenue increasing by 15%, while Pizza Hut India saw a decline of 6%. The total restaurant count reached 1,052 as of March 31, 2026, following the addition of 19 KFC and 5 Pizza Hut outlets. Consolidated Adjusted EBITDA grew by 20% year-on-year to ₹610 million, with a margin of 7.7%. However, the overall Adjusted EBITDA for FY26 declined by 9%. The company highlighted a two-pronged consumer recruitment strategy for KFC and noted challenges faced by Pizza Hut. The Sri Lanka business continued to perform well, achieving double-digit SSSG for six consecutive quarters despite inflationary pressures.
The document presented both strong performance metrics and challenges in certain segments.
Sourced from an exchange-filed presentation, dated 28 Apr 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation from Sapphire Foods India Limited, dated February 13, 2026, provided an overview of the company's operations, financial performance, and strategic initiatives. The presentation highlighted Sapphire Foods as a franchisee operator for KFC and Pizza Hut in India, Sri Lanka, and the Maldives, with a total of 1,028 restaurants. For Q3 FY26, the company reported restaurant sales of ₹8,112 million, a 7% increase year-over-year, while adjusted EBITDA decreased by 5% to ₹774 million. The presentation emphasized the company's focus on cost reduction through zero-based budgeting and the optimization of restaurant sizes. Additionally, it noted the successful turnaround of the Sri Lanka business, which achieved a 14% revenue growth in local currency. The document also mentioned the company's recognition in sustainability rankings and its management team's diverse experience.
The presentation provided a balanced overview of operational and financial metrics without strong emphasis on growth or challenges.
Sourced from an exchange-filed presentation, dated 13 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Sapphire Foods India Limited reported its Q3 FY26 earnings during the conference call held on February 6, 2026. Management highlighted a significant improvement in profitability, with KFC's restaurant EBITDA reaching 18.8%. Total revenue for the quarter was INR 811 crores, reflecting a 7% year-on-year growth. KFC revenue grew by 11%, while Pizza Hut experienced an 11% decline. The company added 31 stores during the quarter, including 27 KFCs and 4 Pizza Huts. Management noted that the Tamil Nadu market showed strong performance, contributing to double-digit growth in same-store sales and EBITDA. In Sri Lanka, revenue grew by 15%, with a positive same-store sales growth of 11%. Management also announced an ESG rating score of 73 out of 100, positioning the company as a leader in ESG reporting within the industry. The call concluded with a positive note on improved profitability and brand performance.
Management emphasized improved profitability and growth in key markets.
Sourced from an exchange-filed transcript, dated 12 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedSapphire Foods India Limited reported a net profit of ₹167.04 million on a consolidated basis for FY2024-25, with revenue growing by 11.09%. The company operates 963 KFC, Pizza Hut, and Taco Bell restaurants across India and Sri Lanka. Key risks include significant impairments of goodwill (₹38.75 million) and investments in subsidiaries (₹169.64 million), reflecting challenges in certain business units. The company has no dividend payouts and maintains a stable credit rating of [ICRA]A (Stable).
- Consolidated net profit of ₹167.04 million for FY2024-25 with 11.09% revenue growth.
- Impairment of ₹38.75 million on KFC brand goodwill and ₹169.64 million on subsidiary investments.
- No dividend declared for FY2024-25.
- Credit rating remains [ICRA]A (Stable) as of March 31, 2025.
Key takeaway: Sapphire Foods reported strong consolidated profitability but faces risks from asset impairments and pending legal matters, which investors should monitor closely.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Regulatory Action (2 items); Default / Covenant Breach (2 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Regulatory Action
2 occurrencesRecent (last 12 months)
The Parent Company received a demand order of Rs. 203.25 million from the Office of the Principal Commissioner, Rohtak, Haryana, for FY 2018-19 to FY 2021-22, alleging excess availment of input tax credit (ITC) and ineligible utilization of ITC post November 14, 2017. The Parent Company has filed a writ petition before the Hon’ble Punjab and Haryana High Court challenging the said order.
Earlier (1-3 years ago)
The company faces a regulatory demand of 404.77 million from the Hon’ble Collector of Stamps, Enforcement – I, Mumbai regarding stamp duty and penalty under the Scheme of Arrangement with multiple entities.
Default / Covenant Breach
2 occurrencesRecent (last 12 months)
The company has undisputed statutory dues in arrears for more than six months, including Professional Tax, Labour Welfare Fund, Employee State Insurance, and Employee Provident Fund, with amounts unpaid as of March 31, 2026.
Earlier (1-3 years ago)
The company has outstanding statutory dues under various acts (e.g., profession tax, employee state insurance, provident fund) for periods exceeding six months, with multiple fiscal years and due dates listed as unpaid.
Routine disclosures
Internal Control Weakness
1 occurrenceEarlier (1-3 years ago)
The company's accounting software lacks an audit trail feature enabled at the database level, as noted in note 46 to the standalone financial statements.
Contingent Liability
2 occurrencesRecent (last 12 months)
The company received a demand order of Rs. 203.25 million from the Office of the Principal Commissioner, Rohtak, Haryana, for FY 2018-19 to FY 2021-22, alleging excess availment of input tax credit (ITC) and ineligible utilization of ITC post November 14, 2017. The company has filed a writ petition in the Punjab and Haryana High Court challenging the order.
Earlier (1-3 years ago)
The company received a demand order of ₹1,127.13 million (tax ₹563.57 million and penalty ₹563.56 million) from Additional Commissioner (Office of the Commissioner of GST & Central Excise), Chennai South Commissionerate, Chennai on January 31, 2025, related to a Show Cause Notice issued by DGGI.
Management & Board Governance
1 occurrenceEarlier (1-3 years ago)
Mr. Puneet Bhatia resigned as Head – Business Development and ceased to be a senior management personnel effective 2nd June 2025.