Sapphire Foods India (SAPPHIRE)₹209.24+0.64%Restaurants
In the Sep 2026 quarter (consolidated), Sapphire Foods India reported sales of ₹890 Cr, up 19.7% from Sep 2025, and net profit of −₹1.51 Cr. For the year to Mar 2026, sales were ₹3,130 Cr and net profit −₹31.89 Cr.
Company filings, consolidated accounts; latest reported quarter Sep 2026
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 667 | 633 | 720 | 697 | 758 | 713 | 778 | 744 | 815 | 794 | 893 | 890 |
| Expenses | 546 | 531 | 596 | 586 | 625 | 607 | 667 | 643 | 682 | 670 | 754 | 764 |
| Operating Profit | 122 | 103 | 125 | 112 | 135 | 107 | 113 | 103 | 135 | 125 | 140 | 127 |
| OPM % | 18.3% | 16.3% | 17.3% | 16.1% | 17.7% | 14.9% | 14.5% | 13.7% | 16.5% | 15.7% | 15.7% | 14.3% |
| Other Income | 6.01 | 12.40 | 5.25 | −2.94 | 10.48 | 9.08 | 6.77 | 9.24 | −4.09 | −7.84 | 5.66 | 5.61 |
| Interest | 26.29 | 27.48 | 27.22 | 27.12 | 27.49 | 29.72 | 29.49 | 30.64 | 31.46 | 31.07 | 31.89 | 33.06 |
| Depreciation | 87.29 | 86.92 | 90.24 | 87.99 | 100 | 84.91 | 91.84 | 97.08 | 102 | 101 | 97.21 | 101 |
| Profit before tax | 14.10 | 0.85 | 11.87 | −6.14 | 16.88 | 0.61 | −1.85 | −16.62 | −3.36 | −15.53 | 16.23 | −1.91 |
| Tax % | 29.9% | −142.9% | 30.8% | 1.8% | 24.3% | −236.8% | −6.0% | −22.9% | 43.2% | −18.5% | 13.2% | −20.6% |
| Exceptional items | 0.00 | 0.00 | 0.00 | −10.99 | 0.00 | −2.99 | 0.00 | 0.00 | −6.99 | −11.01 | 0.00 | 0.00 |
| Net Profit | 9.79 | 2.03 | 8.16 | −6.22 | 12.68 | 2.01 | −1.73 | −12.74 | −4.79 | −12.59 | 13.98 | −1.51 |
| EPS (Rs) | 0.33 | 0.09 | 0.28 | −0.11 | 0.38 | 0.07 | −0.07 | −0.41 | −0.16 | −0.40 | 0.45 | −0.06 |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 958 | 1,197 | 1,343 | 1,022 | 1,725 | 2,270 | 2,599 | 2,890 | 3,130 | 3,392 |
| Expenses | 945 | 1,159 | 1,159 | 898 | 1,422 | 1,843 | 2,141 | 2,413 | 2,661 | 2,869 |
| Operating Profit | 15.06 | 39.17 | 187 | 126 | 306 | 431 | 463 | 479 | 476 | 527 |
| OPM % | 1.6% | 3.3% | 14.0% | 12.0% | 18.0% | 19.0% | 18.0% | 17.0% | 15.0% | 15.5% |
| Other Income | 1.99 | 8.99 | −82.90 | 60.88 | 37.96 | 29.98 | 32.93 | 21.96 | 3.99 | −0.66 |
| Interest | 1.99 | 17.97 | 71.95 | 75.97 | 77.95 | 86.99 | 101 | 112 | 123 | 127 |
| Depreciation | 54.97 | 73.96 | 191 | 209 | 214 | 264 | 324 | 364 | 391 | 401 |
| Profit before tax | −40.14 | −44.13 | −162 | −99.30 | 51.16 | 108 | 70.20 | 23.07 | −37.10 | −4.57 |
| Tax % | 3.0% | 3.0% | −1.0% | 1.0% | 11.0% | −115.0% | 25.9% | 27.9% | −14.1% | — |
| Exceptional items | −6.01 | 0.00 | −94.03 | −0.99 | 0.00 | −0.99 | −1.01 | −8.99 | −18.01 | −18.00 |
| Net Profit | −40.83 | −44.86 | −158 | −99.69 | 45.84 | 232 | 51.78 | 16.94 | −31.89 | −4.91 |
| EPS (Rs) | −1.98 | −2.08 | −6.29 | −3.74 | 1.47 | 7.36 | 1.67 | 0.61 | −1.00 | −0.17 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 41.85 | 42.89 | 49.91 | 52.87 | 63.81 | 63.80 | 63.79 | 63.83 | 63.80 |
| Reserves | 435 | 428 | 474 | 427 | 943 | 1,190 | 1,272 | 1,332 | 1,324 |
| Borrowings | 30.87 | 95.61 | 644 | 642 | 786 | 959 | 1,159 | 1,286 | 1,411 |
| Other Liabilities | 324 | 524 | 213 | 224 | 366 | 370 | 332 | 348 | 445 |
| Total Liabilities | 831 | 1,091 | 1,381 | 1,345 | 2,159 | 2,583 | 2,827 | 3,030 | 3,244 |
| Fixed Assets | 626 | 717 | 1,158 | 1,081 | 1,386 | 1,783 | 2,170 | 2,331 | 2,560 |
| CWIP | 15.95 | 20.91 | 20.94 | 29.90 | 32.89 | 55.79 | 67.70 | 56.82 | 59.80 |
| Investments | 0.00 | 0.00 | 15.93 | 26.91 | 153 | 65.76 | 0.00 | 144 | 2.99 |
| Other Assets | 189 | 354 | 185 | 207 | 588 | 677 | 589 | 499 | 620 |
| Inventories | 34.02 | 37.99 | 47.01 | 47.95 | 65.93 | 100 | 97.04 | 96.04 | 112 |
| Trade receivables | 6.99 | 21.93 | 4.99 | 7.98 | 13.95 | 17.96 | 33.92 | 36.89 | 34.88 |
| Cash & equivalents | 35.03 | 186 | 39.02 | 50.02 | 255 | 220 | 168 | 78.10 | 68.02 |
| Total Assets | 831 | 1,091 | 1,381 | 1,345 | 2,159 | 2,583 | 2,827 | 3,030 | 3,244 |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 2.99 | 46.85 | 212 | 154 | 394 | 381 | 448 | 507 | 506 |
| Cash from investing activity | −53.95 | −335 | −1.99 | −77.97 | −692 | −204 | −187 | −337 | −233 |
| Cash from financing activity | 18.96 | 280 | −208 | −51.89 | 312 | −195 | −213 | −211 | −259 |
| Net cash flow | −31.97 | −6.99 | 2.99 | 24.96 | 15.99 | −16.99 | 48.94 | −38.94 | 13.99 |
| Capex | 108 | 174 | 142 | 73.69 | 284 | 383 | 384 | 264 | 319 |
| Free cash flow | −101 | −128 | 71.92 | 80.91 | 110 | −0.99 | 63.95 | 245 | 189 |
| CFO / OP % | 38.0% | 130.0% | 116.0% | 125.0% | 132.0% | 89.0% | 98.0% | 107.0% | 108.0% |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 2 | 7 | 1 | 3 | 3 | 3 | 5 | 5 | 4 |
| Inventory days | 38 | 34 | 39 | 55 | 45 | 48 | 43 | 38 | 40 |
| Days payable | 127 | 105 | 109 | 169 | 137 | 106 | 103 | 97 | 103 |
| Cash conversion cycle | −88 | −64 | −70 | −111 | −90 | −56 | −56 | −55 | −60 |
| Working capital days | −101 | −139 | −42 | −87 | −56 | −53 | −35 | −33 | −32 |
| ROCE % | — | −5.0% | 1.0% | −2.0% | 9.0% | 10.0% | 7.0% | 6.0% | 4.0% |
For the Sep 2026 quarter, Sapphire Foods India reported sales of ₹890 Cr, up 19.7% year on year and net profit of −₹1.51 Cr. The operating margin was 14.3%.
Sapphire Foods India's sales for the year to Mar 2026 were ₹3,130 Cr; over the last twelve months they were ₹3,392 Cr.
Net profit for the year to Mar 2026 was −₹31.89 Cr, and −₹4.91 Cr over the last twelve months. Earnings per share over the same trailing period were ₹−0.17.
Sapphire Foods India reported borrowings of ₹1,411 Cr at Mar 2026, against cash and equivalents of ₹68.02 Cr.
Cash from operations was ₹506 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹189 Cr.