NSE 500 — The Filing Layer   CompaniesFilings

Sapphire Foods India Ltd.

SAPPHIREConsumer Discretionary filings

We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.

Earnings calls

34 transcript(s)/analyst meet(s) served; 16 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 34 documents here); elsewhere sentences render unattributed.

KindDatePeriodServedAttribution rate
TRANSCRIPT202205232022-03-31yes
TRANSCRIPT202208182022-06-30yes
TRANSCRIPT202211102022-09-30yes
COVER_LETTER202302092022-12-31no
TRANSCRIPT202302152022-12-31yes
COVER_LETTER202305122023-03-31no
TRANSCRIPT202305172023-03-31yes
COVER_LETTER202308022023-06-30no
TRANSCRIPT202308082023-06-30yes
COVER_LETTER202311022023-09-30no
TRANSCRIPT202311062023-09-30yes
COVER_LETTER202402092023-12-31no
TRANSCRIPT202402162023-12-31yes
COVER_LETTER202405102024-03-31no
TRANSCRIPT202405162024-03-31yes
COVER_LETTER202407302024-06-30no
TRANSCRIPT202408062024-06-30yes
COVER_LETTER202410282024-09-30no
TRANSCRIPT202411042024-09-30yes
COVER_LETTER202502062024-12-31no
TRANSCRIPT202502132024-12-31yes
COVER_LETTER202505072025-03-31no
TRANSCRIPT202505142025-03-31yes
COVER_LETTER202507232025-06-30no
TRANSCRIPT202507302025-06-30yes
COVER_LETTER202510172025-09-30no
TRANSCRIPT202510272025-09-30yes
COVER_LETTER202601062025-12-31no
COVER_LETTER202602062025-12-31no
TRANSCRIPT202602122025-12-31yes
COVER_LETTER202604282026-03-31no
TRANSCRIPT202605052026-03-31yes
COVER_LETTER202607242026-06-30no
TRANSCRIPT202607302026-06-30yes

SAPPHIRE

files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.

Identity

Statement divisiongeneral
Scope servedconsolidated
Panels on this page4

Market

The closes are adjusted for every split and bonus on record inside the period this series covers, and each adjustment is checked against the price move on its ex-date.

Last close225.70
52-week range150.42 – 308.05
Return 1M-9.65%
Return 3M25.13%
Return 1Y-26.69%
Return 3Y-22.93%
Return 5Ynot reported for this period
Market capitalisationnot shown — we could not confirm it
Shares outstandingnot shown — we could not confirm it
P/Enot shown — we could not confirm it
P/Bnot shown — we could not confirm it
EV/EBITDAnot shown — we could not confirm it

Latest quarter filed — period ending 2026-06-30

In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.

Revenue from operations891.00
Other income6.00
Total income897.00
Cost of materials consumed278.00
Purchases of stock-in-trade0.00
Changes in inventories0.00
Employee benefit expense115.00
Finance costs32.00

Ownership — 2026-06-30, and the change from 2026-03-31

HolderPer centChange
promoter and promoter group0.260.00
institutions foreign0.25-0.04
institutions domestic0.420.04
mutual funds0.360.05
public0.740.00

Documents on file

ClassMost recentOn file
COVER_LETTER2026-06-3016
TRANSCRIPT2026-06-3018

Financial statements

Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.

Quarterly results, as filed

Line2022-06-302022-12-312023-03-312023-06-302023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Revenue from operations546.00596.00560.00654.00643.00666.00632.00718.00696.00757.00711.00777.00742.00814.00792.00891.00
Other income6.007.0011.008.008.006.0012.005.008.0011.0013.007.009.007.005.006.00
Total income552.00603.00572.00662.00650.00672.00644.00724.00704.00767.00724.00784.00752.00821.00797.00897.00
Cost of materials consumed176.00196.00180.00206.00201.00207.00197.00226.00217.00238.00227.00253.00239.00255.00247.00278.00
Purchases of stock-in-trade0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Changes in inventories0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Employee benefit expense68.0073.0077.0085.0087.0087.0086.0095.0095.0098.0098.00102.00106.00109.00111.00115.00
Finance costs20.0022.0025.0023.0024.0026.0028.0027.0027.0028.0030.0030.0031.0031.0031.0032.00
Depreciation and amortisation61.0068.0072.0073.0077.0087.0087.0090.0088.00100.0085.0092.0097.00102.00101.0097.00
Other expenses192.00210.00206.00242.00239.00249.00246.00274.00271.00286.00281.00308.00295.00316.00309.00358.00
Total expenses517.00569.00560.00628.00629.00658.00643.00712.00699.00750.00720.00785.00768.00813.00800.00880.00
Profit before exceptional items and tax36.0034.0012.0034.0021.0014.001.0012.005.0017.004.00-2.00-17.008.00-3.0016.00
Exceptional items0.000.000.000.000.000.000.000.00-11.000.00-4.000.000.00-11.00-13.000.00
Profit before tax36.0034.0012.0034.0021.0014.001.0012.00-6.0017.001.00-2.00-17.00-3.00-15.0016.00
Current tax1.001.001.001.002.001.001.001.000.004.002.002.003.003.002.002.00
Deferred tax-3.000.00-124.008.004.003.00-2.002.00-0.000.00-3.00-2.00-7.00-2.00-5.000.00
Tax expense-3.001.00-123.009.006.004.00-1.004.000.004.00-1.00-0.00-4.001.00-3.002.00
Profit for the period38.0033.00135.0025.0015.0010.002.008.00-6.0013.002.00-2.00-13.00-5.00-13.0014.00
Profit attributable to owners38.0033.00136.0025.0015.0010.002.009.00-3.0012.000.00-2.00-13.00-5.00-13.0014.00
Profit attributable to non-controlling interests-0.000.00-0.00-0.00-0.00-0.00-0.00-0.00-3.001.000.000.00-0.00-0.00-0.00-0.00
Other comprehensive income-7.001.004.005.00-4.00-0.004.00-0.002.004.00-1.00-3.004.00-2.003.00-9.00
Total comprehensive income32.0034.00140.0030.0011.0010.006.008.00-4.0016.001.00-5.00-9.00-7.00-10.005.00
Earnings per share, basic6.025.1421.343.922.411.590.381.34-0.100.370.06-0.06-0.40-0.15-0.390.44
Earnings per share, diluted5.955.0821.133.882.381.570.371.32-0.100.370.06-0.06-0.40-0.15-0.390.44

Annual results, as filed

Line2022-03-312023-03-312024-03-312025-03-312026-03-31
Revenue from operations1,722.002,266.002,594.002,882.003,125.00
Other income38.0031.0033.0037.0028.00
Total income1,760.002,297.002,628.002,919.003,153.00
Cost of materials consumed528.00741.00811.00907.00995.00
Purchases of stock-in-trade0.000.000.000.000.00
Changes in inventories0.000.000.000.000.00
Employee benefit expense274.00293.00346.00386.00428.00
Finance costs78.0087.00101.00112.00123.00
Depreciation and amortisation214.00264.00324.00364.00392.00
Other expenses615.00804.00977.001,112.001,229.00
Total expenses1,708.002,188.002,558.002,881.003,167.00
Profit before exceptional items and tax51.00108.0070.0038.00-13.00
Exceptional items0.000.000.00-15.00-24.00
Profit before tax51.00108.0070.0023.00-37.00
Current tax6.003.005.009.0010.00
Deferred tax-1.00-127.0013.00-3.00-15.00
Tax expense5.00-125.0018.006.00-5.00
Profit for the period46.00233.0052.0017.00-32.00
Profit attributable to owners46.00233.0053.0023.00-32.00
Profit attributable to non-controlling interests-0.00-0.00-1.00-3.000.00
Other comprehensive income-23.00-1.005.004.002.00
Total comprehensive income23.00232.0057.0021.00-30.00
Earnings per share, basic7.7836.738.300.60-0.99
Earnings per share, diluted7.7236.298.210.60-0.99

Balance sheet, as filed

Line2023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Total assets2,594.002,756.002,840.002,923.003,041.003,207.003,256.00
Non-current assets2,101.002,306.002,477.002,478.002,618.002,823.002,917.00
Current assets493.00450.00363.00445.00423.00384.00338.00
Property, plant and equipment1,562.001,768.001,944.001,971.002,112.002,207.002,291.00
Capital work-in-progress55.0095.0067.0074.0056.0059.0060.00
Goodwill162.00162.00162.00162.00158.00158.00158.00
Other intangible assets65.0068.0071.0067.0068.00100.00119.00
Inventories99.0081.0097.0089.0096.00106.00112.00
Trade receivables18.0029.0034.0032.0037.0031.0035.00
Cash and cash equivalents44.0068.0098.0089.0058.0051.0068.00
Total equity and liabilities2,594.002,756.002,840.002,923.003,041.003,207.003,256.00
Equity1,254.001,313.001,340.001,358.001,396.001,390.001,389.00
Equity share capital64.0064.0064.0064.0064.0064.0064.00
Other equity1,192.001,248.001,275.001,296.001,334.001,328.001,326.00
Total liabilities1,340.001,443.001,500.001,565.001,645.001,816.001,867.00
Non-current liabilities806.00875.001,056.001,093.001,186.001,278.001,330.00
Current liabilities534.00568.00444.00472.00459.00538.00538.00
Borrowings, non-current792.00860.0013.009.006.003.000.00
Borrowings, current171.00209.0014.008.0014.007.006.00
Trade payables217.00251.00231.00243.00243.00276.00284.00

Cash flow, as filed

Line2022-03-312023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Net cash from operating activities395.00382.00240.00449.00273.00508.00212.00507.00
Net cash from investing activities-692.00-204.00-116.00-187.00-161.00-337.00-89.00-233.00
Net cash from financing activities313.00-195.00-100.00-212.00-114.00-211.00-124.00-260.00
Purchase of property, plant and equipment285.00384.00212.00385.00102.00265.00118.00320.00
Net increase in cash16.00-17.0024.0049.00-2.00-39.00-1.0014.00
con:CFO.BEFORE_TAX403.00384.00240.00451.00273.00512.00221.00514.00
con:INTEREST_RECEIVED.OPERATING0.000.000.000.000.000.000.000.00
con:INTEREST_PAID.OPERATING0.000.000.000.000.000.000.000.00
con:DIVIDENDS_RECEIVED.OPERATING0.000.000.000.000.000.000.000.00
con:TAX_PAID.OPERATING9.002.000.002.000.004.009.007.00
con:CF_OTHER.OPERATING0.000.000.000.000.000.000.000.00
con:INVESTMENTS_PURCHASED0.001,211.00183.00420.000.00708.00305.00590.00
con:INVESTMENTS_SOLD0.001,302.00273.00489.000.00625.00370.00735.00
con:PPE_DISPOSALS1.002.000.000.000.002.001.001.00
con:CF_INVESTING.SUBSIDIARIES_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.SUBSIDIARIES_ACQUIRED0.000.000.000.000.000.000.000.00
con:CF_INVESTING.JV_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.JV_ACQUIRED0.000.000.000.000.000.000.000.00

Who owns it

The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.

Holder2023-03-312023-06-302023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Promoter and promoter group44.9044.8641.6831.3030.8430.8226.2026.1326.0826.070.260.260.260.26
Domestic institutions27.4429.6128.0431.6932.3831.4537.1138.3238.5137.860.370.380.370.42
Mutual funds—————————32.400.310.320.310.36
Insurance companies4.605.064.754.673.502.782.872.433.143.180.030.030.040.03
Foreign institutions15.5018.6623.6529.9829.9531.5231.4630.6730.4231.550.310.290.290.25
Public55.1055.1458.3268.7069.1669.1873.8073.8773.9273.930.740.740.740.74
Non-institutional12.156.876.637.036.826.215.244.894.994.520.050.070.070.07
Shares outstanding635425416358832463679625636898316370441663756522319824695320673975321190894321382905321382905321382905321382905321382905

Related parties

Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.

CounterpartyRelationshipTypeAmount in the periodTransactions
Sanjay PurohitKMPAny other transaction, Remuneration247,353,000.003
Gamma Island Food (Pvt) Ltd.SubsidiaryAny other transaction, Inter-corporate deposit, Inte208,539,000.0012
Vijay JainKMPAny other transaction, Remuneration43,526,000.003
Gamma Pizzakraft Lanka (Private) LimitedWholly Owned Subsidiary of SFILAny other transaction, Inter-corporate deposit, Inte35,148,000.006
Gamma Life Line (Employee Trust)Other Related PartyAny other transaction, Interest paid9,900,000.004
SMS Integrated Facility Services Private LimitedOther Related PartyAny other transaction1,936,000.002
Sachin DudamKMPAny other transaction, Remuneration1,589,000.002
Sunil ChandiramaniIndependent DirectorAny other transaction1,250,000.002
Deepa WadhwaIndependent DirectorAny other transaction1,000,000.001
Samara Alternate Investment Management LLPOther Related PartyAny other transaction453,000.001
French Restaurants (Pvt) LtdWholly Owned Subsidiary of SFILAny other transaction, Investment81,000.003

What management said

Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.

DateQuarterWho spoke
2026-07-30Q1FY27LIMITEDRead the call
2026-05-05Q4FY26LIMITEDRead the call
2026-02-12Q3FY26Read the call
2025-10-27Q2FY26Read the call
2025-07-30Q1FY26KAUSHIK, –HEAD,Read the call
2025-05-14Q4FY25Read the call
2025-02-13Q3FY25LIMITEDRead the call
2024-11-04Q2FY25LIMITEDRead the call
2024-08-06Q1FY25Read the call
2024-05-16Q4FY24Read the call
2024-02-16Q3FY24LIMITEDRead the call
2023-11-06Q2FY24Read the call
2023-08-08Q1FY24Read the call
2023-05-17Q4FY23Read the call
2023-02-15Q3FY23Read the call
2022-11-10Q2FY23Read the call
2022-08-18Q1FY23Read the call
2022-05-23Q4FY22SAPPHIRE FOODS INDIA LIMITEDRead the call

Some earlier announcements under this heading are covering letters only — no transcript was attached.

What they said about it, quarter by quarter

TopicQ3FY24Q3FY25Q3FY26Q4FY22Q4FY23Q4FY24Q4FY25Q4FY26
CapexSo, that's first part, capacity addition and revenue not increasing in line with the capacity addition and especially for new stores revenue comes at …And what would be our capex number for this 9M FY25?—When you look at the CAPEX which we incurred for the year so while the investing activity shows 691 crores, it also includes the funds which we would …And what will be the capex for the year?Second, I wanted to check our CapEx at about INR385 crores.My second question is on the CAPEX number.And from a capex perspective, also, there is about INR320 crores of capex that we have done, and we have opened about 90-odd stores, so how should we …
Capital allocation————You've got to have innovations that are aimed at the brand loyalists and therefore, things like Chizza worked with the brand loyalists and you have to…—Yes, because apart from let's say there could be renewal fees which are coming off as Sapphire Foods, we would be now completing 10 years since our ac…—
CostsThe first the buying mix, so while we negotiate at a one system Yum! level on key raw materials and vendors, the buying pattern could be very differen…——If I want to understand, if you can quantify what could be the percentage increase cost of operation for us in the current scenario which is hyper-inf…So we believe that Q4 levels on gross margins, we should be able to sustain on those levels in the near future because the inflation has settled down …So again, for the -- I think the upcoming year, the key would be whether we can deliver the SSSG of that 5% to 7% range that could help us take care o…—And when I say vendor partners, the raw material suppliers, the supply of the chicken, fries and the beverage partners.
Debt and cashSo, as a result there is a deleverage impact.——We operate with negative working capital.——I am just looking at the cash flow statement.—
DemandAlso, there would be few stores which we have already signed in terms of the pipeline.Sorry if I missed out this, but can you tell us like month-on-month, like how was the demand during festival period and after that?Our innovation pipeline for the coming year is quite strong, and we are quite excited about this innovation pipeline.As operating conditions have normalized in April and May to pre-COVID levels we're actually seeing very strong consumer demand for our brands.If we see that this softer demand continues for a longer time or a longer period, at that point in time, we'll definitely recalibrate our approach.We can see the green shoots of demand recovery in the country, which is reflected in form of SSSG.My first question was if you can give some color on the broader demand scenario and specifically on KFC SSSG.Certainly, we believe the consumer environment from a demand perspective is certainly improved in Q4, and this is what we were alluding to when we had…
Guidance—But sustainably, let's say, over the next 3-year CAGR, what kind of top-line growth do we expect assuming a stable currency?And post CCI approval, should we expect you to replicate the Tamil Nadu strategy across India or would that be something that we will take on later?We had said in December our restaurant count was 550 and our guidance was we expect that to double in 3 to 4 years.Second question is, can you call out -- give us some color on your store opening guidance for FY '24 and capex guidance as well?So we expect FY '25 to have an improved performance over FY '24 for the business.So, my first question is with regards to the network addition guidance, in the current week in environment scenario, if you can help us how are you lo…Having said that, if I look into the future and if the vendor partner support goes away, we expect the gross margin impact of anywhere or a gross marg…
MarginWith such strong store growth over the last couple of years and SSSG decline in KFC, you're still able to hold on to a margin of 20%.So again, Percy, while we don't get into a quarter-on-quarter margin conversations.Our Q3 performance saw much improvement on profitability compared to our earlier quarters, and this was led by KFC's restaurant EBITDA coming in at 18…Revenue grew by 69% over 2021, EBITDA by 82%, up by 130 basis points.So this time, we had a negative 4% SSSG and the margin is around sort of 8.5%.And while gross margin saw also an improvement even in Lanka business by -- up by 90 basis points quarter-on- quarter, restaurant EBITDA came at 12.3%…In the immediate scenario when I look at the coming year, I think it would still be range bound to a flattish kind of to low single digit restaurant E…Q4 FY26 has been our best quarter in the last 12 quarters in terms of both SSSG and adjusted EBITDA growth.
People————————
PricingThat's what happened when April ‘19, if I may recall we complete redid the menu card, brought in the everyday low pricing.——We have taken price increases on both the brands and in Sri Lanka right now we are continuing to see transactions to improve.So Sri Lanka, the first half of Sri Lanka because of the pricing that we've got was because of pricing that we took.And is there a potential price increase likelihood?—Is there any price hike as well involved here or...
Revenue growthIf you see if our brand is not growing or overall revenue growth is not higher than the store additions, it will impact PBT.In the previous quarters, even the same-store transaction growth was on decline.Yes, there's a great work in Sri Lanka that you have done and the profitability and the revenue growth is clearly reflecting that.In FY22 it delivered the best ever performance, 25 new restaurants additions, SSSG of 42%, revenue growth of 60% and restaurant EBITDA of 23.2%, up 36…——Typically, the kind of thumb rule which we use is can the corporate cost grow at a two-third to three-fourth of the overall revenue growth.Full year numbers, we delivered 8% revenue growth.