Sapphire Foods India Ltd

Q1 FY27Leisure Services

Sapphire Foods India Ltd Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book

Q1 FY27 earnings call: what management guided on revenue, margins and order book.

Price₹225

Market cap₹7.3K Cr

P/E2,982.7

Published10 Sept 2026

What the Q1 FY27 call signalled

1 of 3 strong

RevenueRank 3

MarginRank 3

CapexYes

Not discussed on this call: fundraise, order book.

The short version

KFC aims for 15%-20% growth, driven by same-store sales growth (SSSG) and stable strike rates from new stores. Sapphire Foods reported a strong Q1 FY '27 with 15% consolidated revenue growth and 37% adjusted EBITDA growth, indicating positive momentum.

From Sapphire Foods India Ltd's Q1 FY27 earnings-call transcript · updated 10 Sept 2026.

Revenue & Sales Performance

Rank 3

KFC aims for 15%-20% growth, driven by same-store sales growth (SSSG) and stable strike rates from new stores.
Pizza Hut growth remains cautious, with expansion paused until brand challenges are resolved; unlikely to achieve double-digit growth until then.
Sri Lanka targets high single-digit growth (8%-10%) despite current inflationary pressures; the company expects to maintain this guidance.
Overall, consolidated revenue grew 15% in Q1 FY ‘27, the best in 11 quarters, with 37% adjusted EBITDA growth.
The company plans to open 60-80 KFC stores per year, focusing on healthy payback and average daily sales (ADS) metrics.
Over a 5-year horizon, the goal is to double store count, with long-term potential for KFC to expand to 4,000-5,000 stores in India.
Demand is expected to improve with ongoing value strategies and rebalancing of dine-in, takeaway, and delivery channels.

Profitability & Margins

Sapphire Foods reported a strong Q1 FY '27 with 15% consolidated revenue growth and 37% adjusted EBITDA growth, indicating positive momentum.
KFC same-store sales growth (SSSG) was 5%, aiding profitability and system growth at 17%; Pizza Hut showed its first positive SSSG in five quarters.
Management emphasizes store expansion plans remain steady with 60-80 new KFC stores planned annually, focusing on strike rates and payback metrics to ensure profitability.
The company targets doubling the store count of KFC over the next 5 years, with a strategic focus on smaller cities and evolving consumer demand.
Price hikes have been implemented cautiously, supporting margins without adverse impact on demand.
Sri Lanka's high single-digit growth guidance (8-10%) remains intact despite inflation challenges, with recovery expected over next 2-3 quarters.
Long-term potential for KFC in India is robust, possibly reaching 4,000-5,000 stores over 10-15 years, supporting sustainable earnings growth.

See what Sapphire Foods India Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Yes

KFC store expansion guidance remains at 60 to 80 new stores per year, with no change in the near future.
Pizza Hut store expansion will be cautious; no immediate aggressive expansion planned due to brand challenges.
Expansion decisions are closely monitored based on strike rates and average daily sales (ADS) of new stores.
Store expansion is moderated if strike rates or ADS decline; focus is on profitable growth rather than aggressive addition.
Plans are to double store count over the next 5 years for KFC, viewing the opportunity as multi-decade.
No mention of significant new strategic investments or capital expenditure beyond ongoing store expansions in the call.
Digital kiosks have been implemented in about 75% of stores, indicating ongoing investment in technology to improve customer experience.

Fundraising & Capital Structure

The document does not explicitly mention any current or future plans for fundraising through debt or equity for Sapphire Foods India Limited. Key points related to financial strategy include: - No indication of reactive changes to store opening plans based on quarterly performance (Page 14). - Focus remains on driving same-store sales growth (SSSG) and profitable expansion rather than on external fundraising (Page 14). - Emphasis on operational improvements, value strategies, and marketing to drive growth and profitability (Pages 6-14). - Continued expansion plans include opening 60 to 80 new KFC stores annually (Page 9), with cautious approach on Pizza Hut stores (Page 8). - No mention of planned equity issuance or debt raising in the presented Q1 FY ’27 conference call or annual report excerpt (Pages 3-14). Therefore, there is no disclosed information on new fundraising via debt or equity in this document.

See what Sapphire Foods India Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The provided transcript from Sapphire Foods India Limited's Q1 FY27 earnings call does not explicitly mention details about the current or expected order book or pending orders. The discussion focuses on topics such as: - Same-store sales growth (SSSG) - Customer acquisition and transaction growth - Store expansion plans (e.g., 60-80 new KFC stores planned for the year) - Pricing strategies and margin performance - Operating environment and market conditions - Performance in Sri Lanka and India There is no direct reference to order book status or pending orders in the transcript. If you need information on order book or pending orders, it may not be covered in this earnings call transcript.

How does Sapphire Foods India Ltd rank vs peers in Leisure Services?

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Sapphire Foods India Ltd — Quarterly revenue & net profit

Revenue Net profit Net loss

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹792 Cr, net loss ₹13 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

What Sapphire Foods's management said in earlier quarters

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Frequently Asked Questions

What were Sapphire Foods India Ltd Q1 FY27 results?

What is Sapphire Foods India Ltd share price analysis?

Sapphire Foods India Ltd currently shows a below-average growth signal. The stock trades at a P/E of 2982.7 with a market cap of ₹7,341 Cr. Investors should review the full earnings analysis for detailed insights.

Is Sapphire Foods India Ltd planning capital expenditure?

KFC store expansion guidance remains at 60 to 80 new stores per year, with no change in the near future.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.