Sapphire Foods India

Quick check

The five things to look at first. Open one for more.

• DebtAdequate safetyRated A by ICRA.
• ResultsLoss-makingLost ₹1.52 Cr in the Sep 2026 quarter, a smaller loss than a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 26% of the company, about the same as in Sep 2025.
• ValuationExpensive vs its pastThe share trades at 473.8 times its yearly earnings (P/E), pricier than 85% of the time in the last 4 years. Its usual P/E is about 171.

Sapphire Foods India against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)473.8 against a typical 73.4: pricier than most peers (1st = cheapest).13th of 15
• Sales growth+19.6% against a typical +18% from a year earlier.5th of 14
• Share price, 3 months+3.3% against a typical −4%.5th of 14
• Size₹ 6,270.8 Cr. market value against a typical ₹ 1,565 Cr. (1st = largest).6th of 15

Exchange filings and their impact on the company.

• 26 Oct 2026Investor PresentationLow impactPositivePrice +0% that day
  Q2FY27 sales Rs 885 cr with KFC-led growth and 60-80 new KFC stores a year supports double-digit sales growth.

  Sapphire Foods shared its October 2026 corporate presentation with Q2FY27 restaurant sales of Rs 885.3 crore, EBITDA of Rs 128.6 crore at 14.5% margin, and 1,086 restaurants including 606 KFC and 469 Pizza Hut. KFC India added 31 net stores in 6M FY27 with 21% year-on-year growth, while Pizza Hut remains weak with cautious expansion. The company plans 60-80 new KFC stores per year, smaller omni-channel formats, and continued cost controls to drive growth.

  Full analysisFiling
• 22 Oct 2026Outcome of Board MeetingMedium impactPositivePrice +1.5% that day
  Strong 19.6% Q2 revenue growth and return to H1 profit signal earnings turnaround ahead of Devyani merger.

  Sapphire Foods reported Q2 FY27 consolidated revenue of Rs 888 cr, up 19.6% from Rs 742.4 cr a year ago, with net loss narrowing to Rs 1.5 cr from Rs 12.8 cr. For H1, revenue was Rs 1,779 cr with a net profit of Rs 12.5 cr versus a loss last year. The results also note the proposed merger into Devyani International (177 Devyani shares for every 100 Sapphire shares), for which a joint CCI application was filed on September 10, 2026 and approvals are still pending.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Sanjay Purohit

Group Chief Executive Officer, WholeTime Director

Vijay Jain

Chief Financial Officer, Executive Director

Deepak Taluja

Chief Executive Officer of KFC

Vikrant Vohra

Chief Executive Officer of Pizza Hut

Priya Adiseshan

Chief People Officer

Amar Patel

Chief Technology Officer

Sachin Tukaram Dudam

Compliance Officer, Company Secretary

Nandita Avadhoot Bapat

Head - Business Development