SAPPHIREConsumer Services

Sapphire Foods India Limited

Restaurants · ISIN INE806T01020 · BSE 543397 · NSE EQ · FV ₹2
Last price
₹193
-1.00%today
What this company does

Sapphire Foods India Limited operates in Restaurants, part of the Consumer Services sector. It booked ₹888 cr of revenue in its latest quarter (Q2 FY27) and kept -0.2% of sales as profit. It is the 6th largest of 9 Restaurants companies we track, by market value.

In the report:
53out of 100
Equitytale Health Score
Mixed

Healthier than 53% of companies in Consumer Services, on all six measures of filed financials. Each measure is ranked against the 25–46 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
39

At close. Not part of the score.

Profitability & returns21

How much profit it earns on the money it employs

Balance sheet59

How much it owes, and whether earnings cover the interest

Cash quality88

Whether reported profit actually arrives as cash

Growth & consistency38

Whether sales and profit have grown, and how steadily

Valuation60

What today's price implies, against our models or its peers

Governance & risk86

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Some things to watch
Strengths
✓ Sales up 20% vs last year
✓ No promoter shares pledged
✓ Virtually debt-free
Watch-outs
! Currently loss-making
! Thin -0.2% net margin
! Low -0.4% return on equity

What if I invest in SAPPHIRE?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹193▼ -1.00%
latest close · 2026-11-04
52-wk low ₹17274 sessions so far52-wk high ₹259
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/B ratio4.43High
Below bookModerateHigh
EV / EBITDA11.6Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity-0.4%Loss
WeakFairStrong ▸15%
Return on capital4.4%Weak
WeakFairStrong
Net margin-0.2%Loss
ThinDecentStrong
EBITDA margin14.9%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover0.9×Risky
RiskyOkayStrong ▸5×
Current ratio0.80Tight
Tight ◂1HealthyAmple
More figures
Market cap
₹6,216 cr
Book value
₹44
EPS
₹-0.05
latest quarter
Net debt
₹-88 cr
more cash than debt
Enterprise value
₹6,128 cr
EBITDA
₹530 cr
annualised
EBIT
₹125 cr
annualised
Operating margin
3.5%
Return on assets
-0.2%
Earnings yield
—
P/S
1.75
Sales / share
₹110.5
Tax rate
—
Face value
₹2
Shares
32.1 cr
Working capital
₹-126 cr
Current assets
₹488 cr
Current liabilities
₹614 cr
Delivery %
51.3%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹38–₹51, midpoint ₹44

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹888 cr
Other Income₹7 cr
Total Income₹895 cr
Cost of Materials₹282 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹116 cr
Finance Costs₹33 cr
Depreciation & Amortisation₹101 cr
Other Expenses₹363 cr
Total Expenses₹896 cr
Exceptional Items₹-1 cr
Profit before Tax₹-2 cr
Tax Expense₹-39.3 L
Net Profit₹-2 cr
Net margin on total income-0.2%
Where the money goes · Q2 FY27
% of total spend
Materials + stock-in-trade₹282 cr31.5%
Employee benefit expense₹116 cr13.0%
Finance costs₹33 cr3.7%
Depreciation & amortisation₹101 cr11.3%
Other expenses₹363 cr40.5%
Total income ₹895 cr

The company made a net loss of ₹2 cr this quarter — income covered only ₹100 of every ₹100 it spent on costs and tax.

Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue792 cr891 cr888 cr
Total income797 cr897 cr895 cr
Expenses800 cr880 cr896 cr
Profit before tax-15 cr16 cr-2 cr
Tax-3 cr2 cr-39.3 L
Net profit (owners' share)-13 cr14 cr-1 cr
Net margin (owners' share, on revenue)-1.6%1.6%-0.2%
EPS (₹)-0.390.44-0.05
YoY (latest quarter): total income +19.1% · net profit —
Balance sheet & cash flow · as of Sep 2026
Debt-free
Total assets
₹3,439 cr
Shareholder equity
₹1,402 cr
parent shareholders
Total debt
₹0 cr
Cash
₹88 cr
Cash flow · H1 FY27
Operating
₹305 cr
Investing
₹-181 cr
Financing
₹-102 cr
Peer comparison
Restaurants · by market value
CompanyPriceMarket capP/E
Jubilant Foodworks Limited₹422₹27,845 cr69.4
Travel Food Services Limited₹1,153₹15,177 cr30.0
Devyani International Limited₹118₹14,518 cr—
WESTLIFE FOODWORLD LIMITED₹605₹9,432 cr—
Restaurant Brands Asia Limited₹89₹6,320 cr—
Sapphire Foods India Limitedthis company₹195₹6,279 cr—
Coffee Day Enterprises Limited₹29₹3,313 cr183.3
United Foodbrands Limited₹573₹2,242 cr—
Speciality Restaurants Limited₹137₹661 cr23.6
Same industry · latest reported numbers · not a recommendation.
Corporate actions
ActionDetailEx-date
Stock splitStock Split From Rs.10/- to Rs.2/-5 Sep 2024
Who owns it · 2026-09-30
No pledge
Promoter
26.1%
FII / Foreign
24.0%
DII / Domestic
43.1%
Retail / others
6.8%
Promoter stake down 5.2% over the last 12 quarters.
Smart-money activity
Insider trades
SoldSanjay Purohit · Director9.03 L · ₹20.3 cr10 Sep 26
SoldSanjay Purohit · Director6.94 L · ₹15.9 cr3 Sep 26
BoughtBALKRISHNA CHATURVEDI · Employees/Designated Employees19,181 · ₹58.7 L23 Sep 25
Bulk / block deals
short— · NSE50021 Sep 26
short— · NSE118 Sep 26
short— · NSE117 Sep 26
Stake changes
SoldGIC Private Limited (GIC) on account of Government of the Monetary Authority of Singapore (MAS)→ 0.29% · 2.66 L30 Jul 26
SoldGIC Private Limited (GIC) on account of Government of Singapore (GOS)→ 2.32% · 20.85 L30 Jul 26
BoughtMirae Asset Mutual Fund→ 6.34% · 33.50 L16 Jun 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 26 Mar 2026
See the official result
1
Appointment of Mr. Kushal Agarwal (DIN: 11528795) as Non-Executive Nominee Director of the Company.
Promoters had a personal stake in this
Backed by 99% of shareholders other than promotersneeded 50%
19.04 cr votes for, 11.50 L against · 1% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 10 named members
owning 26.1% between them · as of 2026-09-30
Sapphire Foods Mauritius Limited23.81%
Sagista Realty Advisors Private Limited (Trustee of QSR Management Trust)2.25%
Arinjaya (Mauritius) Ltdno shares
Karikala (Mauritius) Limitedno shares
KFCH Restaurants Private Limitedno shares
Newquest Asia Fund IV (Singapore) Pte Ltdno shares
Sagista Realty Advisors Private Limitedno shares
Samara Capital Management Limitedno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.