Sapphire Foods India Ltd

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.