Sapphire Foods India Ltd. (IN:SAPPHIRE)
:SAPPHIRE
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Sapphire Foods India Ltd.
(SAPPHIRE)
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Rating:58Neutral
Price Target:
₹156.00
▼(-38.27% Downside)
Action:ReiteratedDate:03/31/26
The score is supported by solid financial performance (revenue growth, strong gross margin, and healthy operating cash flow), but is meaningfully weighed down by weak technicals (price below major moving averages with bearish momentum) and limited/weak valuation signals due to a negative P/E and no dividend yield data.
Positive Factors
Revenue Growth
An 8.6% recent revenue growth reflects steady top-line expansion across the store base and suggests continuing demand for the company's QSR offerings. Durable revenue growth supports franchise rollouts, scale economics, and predictable cash flows over the next 2-6 months.
Negative Factors
Declining Net Margin
A falling net margin driven by higher operating costs erodes retained earnings and lowers return on equity. If structural cost pressures persist, margin compression will reduce reinvestment capacity and hinder long-term profitability improvement without efficiency actions or pricing changes.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
An 8.6% recent revenue growth reflects steady top-line expansion across the store base and suggests continuing demand for the company's QSR offerings. Durable revenue growth supports franchise rollouts, scale economics, and predictable cash flows over the next 2-6 months.
Read all positive factors
Sapphire Foods India Ltd. (SAPPHIRE) vs. iShares MSCI India ETF (INDA)
Market Cap
₹53.72B
Dividend YieldN/A
Average Volume (3M)14.64K
Price to Earnings (P/E)―
Beta (1Y)1.39
Revenue Growth10.18%
EPS Growth-104.25%
CountryIN
Employees12,499
SectorConsumer Cyclical
Sector Strength84
IndustryRestaurants
Share Statistics
EPS (TTM)0.15
Shares Outstanding321,382,900
10 Day Avg. Volume9,615
30 Day Avg. Volume14,639
Financial Highlights & Ratios
PEG Ratio-7.66
Price to Book (P/B)6.74
Price to Sales (P/S)3.27
P/FCF Ratio38.74
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)1.17
Revenue Forecast (FY)₹34.94B
Sapphire Foods India Ltd. Business Overview & Revenue Model
Company Description
Sapphire Foods India Limited owns and operates restaurants in India and internationally. It also engages in the franchisee business. As of March 31, 2022, the company owned and operated 263 KFC and 219 Pizza Hut restaurants in India, 90 Pizza Hut ...
How the Company Makes Money
Sapphire Foods India Ltd. primarily makes money by operating franchisee-run QSR restaurants and earning revenue from selling food and beverages to end customers across its store network. Its core revenue stream is in-store and off-premise (takeawa...
Sapphire Foods India Ltd. Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
70
Positive
Cash Flow
75
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 29.87B | 28.82B | 25.94B | 22.66B | 17.15B | 10.16B |
| Gross Profit | 14.44B | 9.89B | 9.05B | 12.32B | 8.25B | 4.72B |
| EBITDA | 4.88B | 4.77B | 4.95B | 4.59B | 3.43B | 1.71B |
| Net Income | -7.93M | 192.53M | 528.09M | 2.33B | 464.60M | -984.63M |
Balance Sheet | ||||||
| Total Assets | 32.07B | 30.41B | 28.40B | 25.94B | 21.64B | 13.49B |
| Cash, Cash Equivalents and Short-Term Investments | 1.33B | 2.28B | 1.81B | 2.88B | 4.07B | 767.41M |
| Total Debt | 13.80B | 12.92B | 11.64B | 9.63B | 7.89B | 6.45B |
| Total Liabilities | 18.16B | 16.45B | 15.00B | 13.40B | 11.58B | 8.70B |
| Stockholders Equity | 13.92B | 13.98B | 13.39B | 12.56B | 10.07B | 4.80B |
Cash Flow | ||||||
| Free Cash Flow | 939.31M | 2.43B | 636.27M | -23.32M | 1.10B | 800.92M |
| Operating Cash Flow | 2.12B | 5.08B | 4.49B | 3.82B | 3.95B | 1.54B |
| Investing Cash Flow | -894.70M | -3.37B | -1.87B | -2.04B | -6.92B | -779.24M |
| Financing Cash Flow | -1.24B | -2.11B | -2.12B | -1.95B | 3.13B | -515.28M |
Sapphire Foods India Ltd. Technical Analysis
Neutral
252.70
Price Trends
188.06
Negative
214.70
Negative
264.48
Negative
Market Momentum
-9.73
Negative
46.31
Neutral
62.36
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SAPPHIRE, the sentiment is Neutral. The current price of 252.7 is above the 20-day moving average (MA) of 162.34, above the 50-day MA of 188.06, and below the 200-day MA of 264.48, indicating a neutral trend. The MACD of -9.73 indicates Negative momentum. The RSI at 46.31 is Neutral, neither overbought nor oversold. The STOCH value of 62.36 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:SAPPHIRE.
Sapphire Foods India Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
64 Neutral | ₹33.98B | 57.49 | ― | 0.38% | 0.68% | -45.98% | |
63 Neutral | ₹130.74B | -438.93 | ― | ― | 20.91% | -202.35% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
58 Neutral | ₹53.72B | -431.17 | ― | ― | 10.18% | -104.25% | |
55 Neutral | ₹71.57B | 2,134.73 | ― | 0.14% | 6.65% | 73.46% | |
42 Neutral | ₹36.17B | -21.12 | ― | ― | 7.75% | 20.28% |
* Consumer Cyclical Sector Average
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Sapphire Foods India Ltd. Corporate Events
Sapphire Foods Schedules Analyst and Investor Meeting on 20 March 2026
Mar 17, 2026
Sapphire Foods India Limited has notified the stock exchanges that its officials will meet analysts and institutional investors on 20 March 2026 in an in-person, one-on-one interaction organized by Spark Institutional Equities Private Limited. The...
Sapphire Foods Schedules Goldman Sachs Meet, Updates Investor Presentation
Feb 23, 2026
Sapphire Foods India Limited has scheduled an in-person, one-on-one meeting with Goldman Sachs on 26 February 2026, as part of its ongoing engagement with analysts and institutional investors. The company has also made its latest investor and corp...
Sapphire Foods Shareholders Clear Shift of Registered Office to Haryana
Feb 9, 2026
Sapphire Foods India Limited has secured shareholder approval via postal ballot to shift its registered office from the state of Maharashtra to the state of Haryana, alongside a consequential amendment to its Memorandum of Association. The special...
Sapphire Foods Posts Quarterly Loss, Plans Merger With Devyani International
Feb 7, 2026
Sapphire Foods India Ltd has published an extract of its unaudited standalone and consolidated financial results for the quarter and nine months ended 31 December 2025 in Business Standard and Navshakti, in compliance with Indian securities listin...
Sapphire Foods Schedules Investor Meet on Proposed Merger With Devyani International
Jan 13, 2026
Sapphire Foods India has notified the stock exchanges that its officials will hold a virtual one-on-one meeting with HDFC Mutual Fund on 16 January 2026 to discuss the proposed merger of Sapphire Foods India Limited with Devyani International Limi...
Sapphire Foods Schedules Investor Meet on Proposed Merger With Devyani International
Jan 12, 2026
Sapphire Foods India Limited has notified the stock exchanges that its officials will interact with analysts and institutional investors from Nippon Mutual Fund on 15 January 2026 via a one-to-one virtual meeting in connection with its proposed me...
Sapphire Foods Seeks Shareholder Nod to Shift Registered Office from Maharashtra to Haryana
Jan 9, 2026
Sapphire Foods India Limited has initiated a postal ballot process seeking shareholder approval via remote e-voting for a special resolution to shift its registered office from the state of Maharashtra to the state of Haryana, along with a consequ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.