| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 888 | 742 | +19.6% |
| EBITDA | 127 | 102 | +24.3% |
| EBITDA margin | 14.3% | 13.8% | +0.5 pts |
| Profit before tax | −1.9 | −16.6 | — |
| Net profit | −1.5 | −12.8 | — |
| EPS | −₹0.05 | −₹0.40 | — |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 6,299 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 220 | 71.2 | 202 | 97.6 | 110 | ||
| −2.1 | −2.1 | −1.9 | 0.7 | −2.0 | ||
| 5.6 | 5.6 | 19.9 | 27.6 | 963 | ||
| 6,082 | — | — | — | — | ||
| 3,385 | 3,125 | 2,882 | 2,594 | 2,266 | ||
| — | +8.4% | +11.1% | +14.5% | — | ||
| 525 | 474 | 477 | 461 | 428 | ||
| 15.5% | 15.2% | 16.5% | 17.8% | 18.9% | ||
| 124 | 81.5 | 113 | 137 | 164 | ||
| −4.9 | −32.0 | 16.7 | 52.0 | 233 | ||
| −0.1% | −1.0% | 0.6% | 2.0% | 10.3% | ||
| −₹0.15 | −₹0.99 | ₹0.73 | ₹1.64 | ₹7.26 | ||
| — | −237.0% | −55.8% | −77.4% | — | ||
| — | 507 | 508 | 449 | 382 | ||
| — | −320 | −265 | −385 | −384 | ||
| 187 | 187 | 243 | 63.6 | −2.3 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 6,299.1 | |
| - Cash, Equiv & ST Investments | 110.4 | 97.6 | 201.9 | 71.2 | 220.4 | |
| + Minority Interest | -2.0 | 0.7 | -1.9 | -2.1 | -2.1 | |
| + Total Debt | 962.8 | 27.6 | 19.9 | 5.6 | 5.6 | |
| Enterprise Value | — | — | — | — | 6,082.2 | |
| Revenue | 2,265.6 | 2,594.3 | 2,881.9 | 3,125.3 | 3,385.0 | |
| Growth %, YoY | — | +14.5 | +11.1 | +8.4 | — | |
| EBITDA | 428.4 | 461.3 | 476.8 | 473.6 | 525.4 | |
| Margin % | 18.91 | 17.78 | 16.54 | 15.15 | 15.52 | |
| EBIT | 164.2 | 137.4 | 112.8 | 81.5 | 123.7 | |
| Net Income | 233.2 | 52.0 | 16.7 | -32.0 | -4.9 | |
| Margin % | 10.29 | 2.00 | 0.58 | -1.02 | -0.15 | |
| EPS, Adj (current shares) | 7.26 | 1.64 | 0.73 | -0.99 | -0.15 | |
| Growth %, YoY | — | -77.4 | -55.8 | -237.0 | — | |
| Cash from Operations | 381.8 | 448.8 | 508.0 | 507.0 | — | |
| Capital Expenditures | -384.2 | -385.1 | -264.9 | -319.7 | — | |
| Free Cash Flow | -2.3 | 63.6 | 243.1 | 187.4 | 187.4 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
Sapphire Foods India (NSE: SAPPHIRE) had a market capitalisation of ₹6,397 crore at the 30 October 2026 close (₹199.05 a share) and a price-to-book ratio of 4.56. In FY26 its consolidated net loss was ₹32 crore on revenue of ₹3,125 crore; in Q2 FY27 (July–September 2026) it was a loss of ₹1.5 crore. It had no borrowings on 30 September 2026. Promoters held 26.07% of the shares on 30 September 2026.
Sapphire Foods India's PE ratio is not meaningful at the 30 October 2026 close: its consolidated net profit over the last four quarters (Q3 FY26 to Q2 FY27) was a loss of ₹4.8 crore, and a price-to-earnings ratio needs positive earnings. Its market capitalisation was ₹6,397 crore at ₹199.05 a share.
Sapphire Foods India's price-to-book (PB) ratio is 4.56 at the 30 October 2026 close: a market capitalisation of ₹6,397 crore divided by shareholders' equity (book value) of ₹1,402 crore on 30 September 2026. That is a book value of ₹43.61 per share against a share price of ₹199.05.
In FY26, Sapphire Foods India's return on equity (ROE) was −2.3% and its return on capital employed (ROCE) was 3.1%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 1.7% and ROCE 4.5%.
Sapphire Foods India's market capitalisation was ₹6,397 crore at the 30 October 2026 close: 32.14 crore shares at ₹199.05 each.
Yes. Sapphire Foods India had no borrowings on 30 September 2026 (consolidated balance sheet), and it held ₹220 crore of cash, bank balances and current investments.
Sapphire Foods India's basic earnings per share (EPS) were −₹0.99 in FY26. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to −₹0.15.
Sapphire Foods India's debt-to-equity ratio was 0.00 on 30 September 2026: no borrowings against total equity of ₹1,399 crore. A year earlier, on 30 September 2025, it was 0.01.
Promoters held 26.07% of Sapphire Foods India on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26 (April 2025–March 2026), Sapphire Foods India's consolidated net loss was ₹32 crore, against a profit of ₹23.3 crore in FY25, on revenue from operations of ₹3,125 crore (up 8.4%).
Sapphire Foods India's net worth — shareholders' equity in its consolidated balance sheet — was ₹1,402 crore on 30 September 2026, up 0.7% from ₹1,392 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹6,397 crore at the 30 October 2026 close.
Sapphire Foods India's book value per share was ₹43.61 on 30 September 2026: shareholders' equity of ₹1,402 crore divided by the 32.14 crore shares in issue, up 0.7% from ₹43.33 a year earlier. The share price at the 30 October 2026 close was ₹199.05.
In FY26, Sapphire Foods India generated ₹507 crore of cash from operations and spent ₹320 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹187 crore. In FY25 it was ₹243 crore.
On 30 September 2026, Sapphire Foods India's shares were held by promoters 26.07%, foreign portfolio investors (FII/FPI) 24.02%, domestic institutions (DII) 43.14% (including mutual funds at 38.43%) and retail and other non-institutional investors 6.77%. Over the year, FII holding was down 7.29 percentage points from 31.31% and DII holding was up 5.89 percentage points from 37.25%.
Sapphire Foods India's latest results are for Q2 FY27 (July–September 2026), filed on 22 October 2026: consolidated net loss ₹1.5 crore, narrower than the loss of ₹12.8 crore in Q2 FY26; revenue from operations ₹888 crore, up 19.6% year on year.
In FY26, Sapphire Foods India earned net profit of ₹32 crore on revenue of ₹3,125 crore, against ₹38.6 crore on ₹5,611 crore for Devyani International. Sapphire Foods India's operating margin was 2.6% (Devyani International 3.5%) and its return on equity −2.3% (Devyani International −2.9%). At the 30 October 2026 close, Sapphire Foods India's market capitalisation was ₹6,397 crore against ₹14,845 crore for Devyani International.
Sapphire Foods India has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
On FY26 consolidated figures, against Devyani International, Jubilant Foodworks and Westlife Foodworld: Sapphire Foods India's operating margin of 2.6% is the lowest of the four (Devyani International 3.5%, Jubilant Foodworks 9.8%, Westlife Foodworld 4.2%; peer average 5.8%); its return on equity of −2.3% is the third highest of the four (Devyani International −2.9%, Jubilant Foodworks 19.5%, Westlife Foodworld 5.3%; peer average 7.3%); its revenue growth over three years of 11.3% a year is the third highest of the four (Devyani International 23.2% a year, Jubilant Foodworks 22.6% a year, Westlife Foodworld 4.5% a year; peer average 16.8% a year).
From Sapphire Foods India's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.