Sapphire Foods India Limited has informed the Exchange about Transcript
SAPPHIRE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sapphire Foods reported Q3 FY26 revenue of INR 811 crore, up 7% year-on-year, led by a strong KFC performance with revenue growing 11% and restaurant EBITDA margin expanding 60 basis points to 18.8% — its best in recent quarters, helped by reduced discounting and cost efficiencies. Pizza Hut continued to lag, with revenue declining 11% and same-store sales falling 12%, as marketing investment was constrained pending CCI approval of the Devyani merger. Sri Lanka remained a bright spot with 15% revenue growth and 16.7% restaurant EBITDA despite wage hikes and a cyclone impact. The company launched an INR 99 Chicken Krisper Meal at KFC in December that is pulling in dine-in traffic, and management noted January same-store sales are trending better than Q3.
KFC's margin expansion and improving January trends are positive for Q4 expectations, though Pizza Hut's continued weakness keeps the picture mixed. The pending Devyani merger could unlock joint marketing investment to revive Pizza Hut, which remains the key swing factor for earnings and sentiment.