Sapphire Foods India Ltd

Q3 FY26

Sapphire Foods India Q3 FY26 earnings call: Revenue & Margins

Q3 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹242

Market cap₹6.5K Cr

P/E2,644.4

Updated23 Aug 2026

Read4 min read

The short version

KFC expects continued positive growth with SSSG around 1% for the quarter and January trending above that, aided by the INR 99 Krisper Meal and strong innovation pipeline. KFC is expected to maintain high-single-digit store growth, possibly touching 10%, signaling steady expansion.

From Sapphire Foods India Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

KFC expects continued positive growth with SSSG around 1% for the quarter and January trending above that, aided by the INR 99 Krisper Meal and strong innovation pipeline.
KFC new store openings forecast at 60-80 stores annually, indicating expansion plans.
Pizza Hut is focused on brand revival with no major net store additions planned; growth depends on alignment with franchise partners post-CCI approval.
Sri Lanka business shows healthy growth with 11% SSSG, 15% revenue growth, and plans to continue opening 7 stores annually.

2 more points management made on revenue & sales performance

Profitability & Margins

KFC is expected to maintain high-single-digit store growth, possibly touching 10%, signaling steady expansion.
KFC's profitability showed improvement with restaurant EBITDA at 18.8% and 11% revenue growth in Q3 FY26.
Pizza Hut is focused on brand revival; no major store expansion planned in near term; positive SSSG targeted after franchisee alignment post-CCI approval.
Sri Lanka business is growing strongly with 15% revenue growth and continued store additions, expected to sustain growth.
New promotional campaigns like INR 99 Chicken Krisper Meal have shown early promising transaction growth, driving SSSG improvement.
Gross margins improved by discount rationalization; slight dilution expected with new offers but offset by volume growth.

2 more points management made on profitability & margins

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

Capital Expenditure Plans

Sapphire Foods opened 60 new stores in calendar year 2025, with plans to continue opening 60 to 80 stores annually going forward (Page 3).
Digital kiosks rollout covers 70% of the estate, aimed to improve customer experience and boost average per customer (APC) spend; this digital investment is ongoing (Page 9).
No major expansion planned for Pizza Hut stores in the coming year; some rationalization and closures to minimize losses, with focus on brand revival instead (Page 7).
Marketing investments and strategic coordination between franchise partners pending CCI approval; more coordinated marketing spend expected post-approval to revive brands and replicate successful strategies pan-India (Pages 8-9).

2 more points management made on capital expenditure plans

Fundraising & Capital Structure

The provided transcript from the Sapphire Foods India Limited Q3 FY26 Earnings Conference Call does not mention any current or future fundraising plans through debt or equity. Key points: - No reference to plans for raising capital via debt or equity during the call. - Discussion focuses on operational performance, profitability, store growth, marketing initiatives, and brand revival strategies.

2 more points management made on fundraising & capital structure

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

Order Book & Pipeline

The provided transcript of Sapphire Foods India Limited's Q3 FY26 earnings call does not contain specific information regarding the current or expected order book or pending orders. The discussion primarily focuses on: - Business performance metrics of KFC, Pizza Hut, and Sri Lanka markets. - Store openings and closures. - Same-store sales growth (SSSG) and sales-through-growth (SSTG). - Marketing strategies and promotions. - Delivery vs dine-in mix.

2 more points management made on order book & pipeline

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 India Ltd's management said in earlier quarters

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Frequently Asked Questions

What were Sapphire Foods India Ltd Q3 FY26 results?

What is Sapphire Foods India Ltd share price analysis?

Sapphire Foods India Ltd currently shows a neutral. The stock trades at a P/E of 2644.4 with a market cap of ₹6,509 Cr. Investors should review the full earnings analysis for detailed insights.

Is Sapphire Foods India Ltd planning capital expenditure?

Sapphire Foods opened 60 new stores in calendar year 2025, with plans to continue opening 60 to 80 stores annually going forward (Page 3).

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.