S

Sapphire Foods India Limited

SAPPHIRENSE
Market snapshot · 2026-08-10 22:54 UTC

220.62

₹-3.60 (-1.61%)

MARKET CAP

₹7.10K Cr

STOCK P/E

52W HIGH

₹347.90

52W LOW

₹139.91

BOOK VALUE

₹43.27

EPS

₹-0.49

ROE

SECTOR

Consumer Discretionary

DEBT/EQUITY

102.06

VOLUME

34.29L

P/B RATIO

5.10x

PEG RATIO

Sector

Consumer Discretionary

Themes

Restaurants & CafesVanguard Fund PortfolioGovernment of Singapore Portfolio
E
Earnings
₹328.80₹285.09₹241.39₹197.68₹153.97VolumeEEEEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Sapphire Foods India is a restaurant operator and franchisee for KFC, Pizza Hut, and Taco Bell across India, Sri Lanka, and Maldives. These brands drive revenue through fried chicken, pizza, and Mexican quick-service formats. Revenue grew 8.4% year-on-year, but available developments provide no company-specific evidence of margin expansion. Profit declined 266%, while margins remained stable, indicating earnings pressure despite broadly unchanged operating profitability. ROE is unavailable, and debt/equity of 102.06 implies extreme leverage, which can materially magnify pressure on shareholder returns. P/E is unavailable, preventing a valuation comparison against sector multiples or growth. Positive QSR sentiment may support the shares, but leverage and sharply weaker profits leave valuation judgment unresolved.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for SAPPHIRE.

20.00 analysts

Price Forecast

Current
₹220.62
High Target
₹300.00
▲ +36.0%
Median Target
₹243.50
▲ +10.4%
Low Target
₹180.00
▼ -18.4%
Now₹220.62High ₹300.00Median ₹243.50Low ₹180.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
20 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹159.33 - ₹282.1380%
6M₹136.03 - ₹305.1880%
12M₹106.27 - ₹333.1980%
Realized vol: +44.6% · Drift: -6.0%

Revenue Forecast

₹ Cr
Mar '26Current₹668.0
Sep 2026 ETrend estimate range
High₹712.4Base₹659.6Low₹606.8
Jun '25: ₹660.0 · Sep '25: ₹616.0 · Dec '25: ₹680.0 · Mar '26: ₹668.0 · Sep '26: ₹659.6 · Dec '26: ₹728.1
Jun '25Sep '25Dec '25Mar '26Sep '26 EDec '26 E660.0616.0680.0668.0659.6728.1
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Mar '26Current₹-0.52
Sep 2026 ETrend estimate range
High₹-0.42Base₹-0.38Low₹-0.33
Jun '25: ₹-0.11 · Sep '25: ₹-0.54 · Dec '25: ₹-0.34 · Mar '26: ₹-0.52 · Sep '26: ₹-0.38 · Dec '26: ₹-0.24
Jun '25Sep '25Dec '25Mar '26Sep '26 EDec '26 E-0.11-0.54-0.34-0.52-0.38-0.24
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Mixed
41%
Analyst Consensus
Weakening

From 20 analysts

Mean upside+11.6%

Fundamentals

Weakening

Fundamentals institutional score is 22 using growth durability 21.9.

Valuation

Attractive relative to peers

Valuation institutional score is 86 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Neutral

Analyst View institutional score is 58 using mean target upside 11.6%; dispersion penalty 19.5; recommendation breadth from available consensus.

Technical Structure

Weak Structure

Technicals institutional score is 0 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 10 recent ticker-linked news items.

Signal Summary

Market intelligence remains Mixed. valuation provide support, while fundamentals and technical structure remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals WeakeningValuation Attractive relative to peersAnalyst Consensus NeutralTechnical Structure Weak StructureMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price246.2 target
Mean Upside+11.6%
Technical Score0%
Fundamental Score22%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Forward Valuation Outlook

Forward outlook is unavailable because live next-12-month estimate data is not available for this ticker right now.

EV/EBITDA
Strongly Undervalued

5Y Average

33.55

Current

27.21

Overvalued

37.06

Undervalued

30.56

P/S
Strongly Undervalued

5Y Average

2.70

Current

2.19

Overvalued

3.10

Undervalued

2.29

P/B
Undervalued

5Y Average

5.70

Current

5.10

Overvalued

7.28

Undervalued

4.36

Peers & Comparison

Sector: Consumer Discretionary · Theme: Restaurants & Cafes

Restaurants & Cafes Peers8 peers
Avg P/E: 106.4x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
WESTLIFE FOODWORLD LTD
WESTLIFERestaurants & Cafes
+11.4%1.2%
290.2x
Premium
+173% vs avg
-12.3%
RESTAURANT BRAND ASIA LTD
RBARestaurants & Cafes
+17.9%-5.9%
+21.2%
JUBILANT FOODWORKS LTD
JUBLFOODRestaurants & Cafes
+20.3%4.5%
87.0x
Undervalued
-18% vs avg
-22.8%
DEVYANI INTERNATIONAL LTD
DEVYANIRestaurants & Cafes
+16.5%-0.5%
-12.2%
GOKALDAS EXPORTS LTD.
GOKEXApparel & Accessories
+5.3%2.5%
60.6x
Undervalued
-43% vs avg
+15.7%
SANSERA ENGINEERING LTD
SANSERAAuto Parts
+27.8%9.3%
73.6x
Undervalued
-31% vs avg
+207.5%
APOLLO TYRES LTD
APOLLOTYRETires & Rubber
+12.8%5.8%
20.6x
Undervalued
-81% vs avg
+1.4%
CROMPT GREA CON ELEC LTD
CROMPTONHome Electronics & Appliances
+12.9%-2.7%
-21.4%
WHY THESE PEERS

SAPPHIRE FOODS INDIA LTD is compared against the Restaurants & Cafes cohort. Peers include WESTLIFE FOODWORLD LTD, RESTAURANT BRAND ASIA LTD, JUBILANT FOODWORKS LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹668 CrMar 2026

Latest net profit

₹-8.56 CrMar 2026

Latest EPS

₹-0.52Mar 2026

Net margin

1.6%Mar 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26-1.1%0.0%1.1%2.1%3.1%-250 Cr0.00 Cr250 Cr500 Cr750 Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '260.00 Cr200 Cr400 Cr600 Cr800 Cr₹-1₹-0₹-0₹-0₹0
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOperatingprofitOther incomeInterestProfitbefore taxTax & otherOtheradjustmentsNet Profit-250 Cr0.00 Cr250 Cr500 Cr750 Cr

Latest reported period: Mar 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
20212022202320242025-1.20K Cr-800 Cr-400 Cr0.00 Cr400 Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales492565550572548617591638605660616680668
Expenses402454448462454504493523515562534567568
Operating Profit24.2946.4133.8131.5915.5432.8418.8824.1614.2216.81-3.7620.8710.67
OPM %4.94%8.21%6.15%5.52%2.84%5.32%3.2%3.78%2.35%2.55%-0.61%3.07%1.6%
Other Income8.377.118.456.039.995.248.566.3112.76.379.026.734.54
Interest23.1420.6722.6824.5525.6725.5725.512627.7827.7428.6629.4428.97
Depreciation65.4964.7968.6578.7278.5180.7179.0490.8875.4281.6585.9991.4190.19
Profit before tax9.5232.8519.5813.07-0.1412.511.934.47-0.86-4.56-23.4-1.84-13.76
Tax %-1315.86%26.33%24.46%26.32%1635.71%25.34%22.28%24.83%109.3%25.44%26.07%116.85%37.79%
Net Profit13524.214.799.632.159.341.53.360.08-3.4-17.30.31-8.56
EPS in Rs21.213.810.470.300.070.29-0.490.11-0.11-0.11-0.54-0.34-0.52

All values in Rs. Crore unless otherwise stated. Source: CMIE Prowess, Quarterly Interim Standalone.

Shareholding Pattern

HolderMar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters26.08%26.07%26.07%26.07%26.07%
FII30.42%31.55%31.31%29.22%28.98%
DII38.51%37.86%37.25%37.53%37.49%
Public3.69%3.22%3.76%4.77%4.66%
Others1.30%1.30%1.61%2.41%2.80%
Mar 2026
Promoters
FII
DII
Public
Others

Events Timeline

Concall Transcript - FY2027

Jul 24, 2026PDFKnowledge Base Open

Concall Transcript - FY2027

Jul 20, 2026PDFKnowledge Base Open

Concall Transcript - FY2027

May 05, 2026PDFKnowledge Base Open

Concall Transcript - FY2027

Apr 28, 2026PDFKnowledge Base Open

Concall Transcript - FY2027

Apr 23, 2026PDFKnowledge Base Open