Sapphire Foods India Ltd

AI

Sapphire Foods India Ltd

₹ 199 -0.98%
30 Oct - close price
About

Sapphire Foods is one of the largest franchisees of Yum! Brands Inc. in the subcontinent, and operates more than 400 KFC, Pizza Hut, and Taco Bell restaurants across India, Sri Lanka, and the Maldives.[1]

Key Points

Largest Franchisee Operator:[1] Sapphire Foods has non-exclusive rights to operate restaurants under three of Yum’s brands: **KFC, Pizza Hut, and Taco Bell in India, Sri Lanka, and Maldives.

  • Market Cap ₹ 6,397 Cr.
  • Current Price ₹ 199
  • High / Low ₹ 293 / 140
  • Stock P/E 1,534
  • Book Value ₹ 38.6
  • Dividend Yield 0.00 %
  • ROCE 2.99 %
  • ROE -1.99 %
  • Face Value ₹ 2.00

Pros

Cons

  • Stock is trading at 5.16 times its book value
  • Company has low interest coverage ratio.
  • Promoter holding is low: 26.1%
  • Company has a low return on equity of 1.23% over last 3 years.
  • Promoter holding has decreased over last 3 years: -15.6%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 Sep 2026
550.20 572.46 548.00 617.34 590.75 638.34 604.64 660.40 616.07 679.58 668.49 756.07 751.27
447.74 462.15 453.95 503.79 492.83 523.30 514.99 561.94 533.84 567.31 563.66 631.32 644.01
Operating Profit 102.46 110.31 94.05 113.55 97.92 115.04 89.65 98.46 82.23 112.27 104.83 124.75 107.26
OPM % 18.62% 19.27% 17.16% 18.39% 16.58% 18.02% 14.83% 14.91% 13.35% 16.52% 15.68% 16.50% 14.28%
8.45 6.03 9.99 5.24 -8.40 6.31 8.82 6.37 9.02 -4.43 -7.77 5.43 5.30
Interest 22.68 24.55 25.67 25.57 25.51 26.00 27.78 27.74 28.66 29.44 28.97 29.72 30.75
Depreciation 68.65 78.72 78.51 80.71 79.04 90.88 75.42 81.65 85.99 91.41 90.19 86.13 89.81
Profit before tax 19.58 13.07 -0.14 12.51 -15.03 4.47 -4.73 -4.56 -23.40 -13.01 -22.10 14.33 -8.00
Tax % 24.46% 26.40% -1,635.71% 25.34% 2.86% 22.60% -22.83% -25.44% -26.07% -16.14% -23.76% 10.26% -28.75%
14.79 9.63 2.15 9.34 -15.46 3.46 -3.66 -3.40 -17.30 -10.90 -16.86 12.87 -5.70
EPS in Rs 0.46 0.30 0.07 0.29 -0.48 0.11 -0.11 -0.11 -0.54 -0.34 -0.52 0.40 -0.18
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
617 761 960 1,104 805 1,398 1,981 2,236 2,451 2,625 2,855
651 762 941 957 715 1,161 1,589 1,818 2,035 2,227 2,406
Operating Profit -34 -0 19 147 90 238 392 419 416 398 449
OPM % -6% -0.1% 2.0% 13% 11% 17% 20% 19% 17% 15% 16%
23 3 9 -70 53 34 28 31 12 3 -1
Interest 1 1 16 60 66 67 80 94 105 115 119
Depreciation 49 40 55 156 174 180 239 291 326 349 358
Profit before tax -62 -38 -42 -139 -97 25 101 65 -3 -63 -29
Tax % -4% -6% 0% 0% 0% 0% -124% 22% 127% -23%
-60 -36 -42 -139 -97 25 226 51 -6 -48 -21
EPS in Rs -2.87 -1.72 -1.95 -5.53 -3.66 0.78 7.12 1.59 -0.20 -1.51 -0.64
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 27%
3 Years: 10%
TTM: 13%
Compounded Profit Growth
10 Years: %
5 Years: 12%
3 Years: %
TTM: 125%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: -9%
1 Year: -30%
Return on Equity
10 Years: 0%
5 Years: 5%
3 Years: 1%
Last Year: -2%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 Sep 2026
Equity Capital 42 42 43 50 53 64 64 64 64 64 64
Reserves 533 497 460 504 462 978 1,087 1,165 1,193 1,166 1,175
0 20 72 554 570 726 908 1,103 1,234 1,328 1,427
135 156 386 159 170 313 330 278 296 374 435
Total Liabilities 710 715 961 1,267 1,255 2,081 2,389 2,610 2,787 2,932 3,102
415 454 519 919 871 1,189 1,578 1,952 2,124 2,305 2,367
CWIP 4 14 17 19 25 27 50 60 48 53 53
Investments 90 90 99 172 187 321 104 40 171 34 164
201 157 326 158 171 543 657 558 444 542 518
Total Assets 710 715 961 1,267 1,255 2,081 2,389 2,610 2,787 2,932 3,102

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-45 -13 28 167 115 240 414 422 462 429
29 -37 -297 -39 -71 -579 -254 -171 -295 -187
-1 19 263 -129 -30 342 -178 -197 -191 -233
Net Cash Flow -18 -32 -7 -2 14 3 -18 54 -24 9
Free Cash Flow -25 -58 -107 46 54 -6 71 65 224 148
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit 130% 3,326% 149% 114% 128% 102% 106% 100% 111% 107%

Ratios

Standalone / View Consolidated

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 2 2 8 1 3 3 3 5 4 4
Inventory Days 18 35 30 37 50 43 43 36 33 34
Days Payable 115 135 108 106 170 144 107 102 101 105
Cash Conversion Cycle -96 -98 -70 -68 -117 -98 -61 -62 -63 -67
Working Capital Days -63 -64 -132 -57 -93 -62 -51 -36 -37 -37
ROCE % -6% -5% 0% -3% 6% 10% 7% 5% 3%

Insights

In beta
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
KFC India Average Daily Sales (ADS) per Restaurant
INR '000

Log in to view insights

Please log in to see hidden values.

Login
KFC India Total Restaurant Count
restaurants
Pizza Hut India Average Daily Sales (ADS) per Restaurant
INR '000
Pizza Hut India Total Restaurant Count
restaurants
Sri Lanka + Maldives Total Restaurant Count
restaurants
Sri Lanka Average Daily Sales (ADS) per Restaurant
INR '000
Sri Lanka Same-Store Sales Growth (SSSG)
%
KFC India Same-Store Sales Growth (SSSG)
%
Pizza Hut India Same-Store Sales Growth (SSSG)
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

5 Recently
Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
31.30% 30.84% 30.82% 26.19% 26.13% 26.09% 26.06% 26.06% 26.06% 26.06% 26.06% 26.06%
29.98% 29.95% 31.53% 31.46% 30.67% 30.42% 31.55% 31.31% 29.22% 28.98% 25.25% 24.03%
31.69% 32.39% 31.46% 37.11% 38.32% 38.51% 37.86% 37.25% 37.54% 37.49% 41.92% 43.14%
7.04% 6.82% 6.21% 5.23% 4.89% 5.00% 4.52% 5.37% 7.17% 7.46% 6.75% 6.77%
No. of Shareholders 51,84053,15051,60254,06254,90554,41451,42152,41753,54556,66858,17856,882

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Annual reports

Concalls