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Sapphire Foods India Ltd share Price Today

Company details

1,554.10
1,635.00
1,137.60
1,680.00
6M Return 9.75%
1Y Return 34.67%
Mkt Cap.(Cr) 9,992.64
Volume 150,293
Div Yield 0.00%
OI
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OI Chg %
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Volume 150,293

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Restaurants company Sapphire Foods India announced Q3FY24 results:

Financial Performance:
- For Q3FY24, Sapphire Foods reported consolidated Restaurant Sales of Rs 6,643 million, marking a 12% increase from the previous year.
- The company's EBITDA for the same period was Rs 1,225 million, which is a 5% growth YoY.
- During Q3FY24, the Consolidated PBT (Profit Before Tax) was listed at Rs 140 million, a 58% decline from the previous year.
- The Consolidated PAT (Profit After Tax) stood at Rs 98 million, experiencing a significant decrease from the previous year's figure.

Brand-specific Performance:
- KFC India's robust performance was highlighted with a 16% YoY sales growth and a restaurant EBITDA margin of 20.1%.
- On the contrary, Pizza Hut India faced challenges with a 4% decline in Restaurant Sales and a significant dip in restaurant EBITDA to 4.6%.
- The Sri Lanka market showed signs of recovery with a 7% growth in Restaurant Sales in local currency.

Expansion and Growth:
- A total of 36 new restaurants were added during the quarter, taking the count to 850. Out of these, 25 were KFC, 8 Pizza Hut in India, and 3 Pizza Hut in Sri Lanka.
- KFC India is on target for doubling its restaurant count over approximately three years, using December 2021 as the base count.

Operational Highlights:
- Gross Margin percentages were reported as an improvement in both KFC India and Pizza Hut India, with Sri Lanka also showing positive margins.
- The company emphasized product innovation and value, illustrated by the introduction of new menu items across the KFC brand.
- Pizza Hut emphasized the need for revival through product innovation, enhanced marketing investments, and operational improvements.

Digital and Customer Experience:
- KFC India accentuated its focus on digital kiosks and the KFC app, with an emphasis on seamless customer experiences.
- Pizza Hut India also geared efforts toward improving its digital interface, highlighting efforts like extended delivery hours and operational excellence in online ordering.

Sustainability and Governance:
- Sapphire Foods demonstrated its commitment to sustainability and ethical business practices with a high ESG score from S&P Global, placing it first among QSR brands in India.

Result PDF

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Sapphire Foods India Ltd shares SWOT Analysis

Strengths (11)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Strong Annual EPS Growth
  • Effectively using its capital to generate profit - RoCE improving in last 2 years

Weakness (3)

  • Promoter holding decreased by more than -2% QoQ
  • Declining profits every quarter for the past 3 quarters
  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (2)

  • Big Deal (Insider and SAST) buys last month greater than 1% of total shares
  • RSI indicating price strength

Threats (3)

  • Promoter decreasing their shareholding
  • Companies with growing costs YoY for long term projects
  • High PE (PE > 40)

Resistance and support

R1 1,617.9
R2 1,666.9
R3 1,698.8
Pivot

1,586.02

S1 1,537.0
S2 1,505.1
S3 1,456.1
EMA SMA
1,513.9
1,470.4
1,440.5
1,407.2
1,506.0
1,453.8
1,424.9
1,410.5
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
WTCNAM COMMON TRUST FUNDS TRUST EMERGING MARKETS OPPORTUNITIES PORTFOLIO Bulk Sell 2024-02-27 1497.08 325298 NSE
MARSHALL WACE INVESTMENT STRATEGIES EUREKA FUND Block Purchase 2024-01-25 1438.9 238189 NSE
MARSHALL WACE INVESTMENT STRATEGIES - EUREKA FUND Block Purchase 2024-01-25 1438.9 88615 BSE
Name Category Shares
Sapphire Foods Mauritius Limited PROMOTER 24.03%
Arinjaya (Mauritius) Ltd PROMOTER 3.75%
Sagista Realty Advisors Private Limited (Trustee of QSR Management Trust) PROMOTER 3.51%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
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Profit after Tax
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Sapphire Foods India Ltd Stocks COMPARISON

Financials( in Cr) Sapphire Foods India Ltd Jubilant Foodworks Ltd Devyani International Ltd Westlife Foodworld Ltd Restaurant Brands Asia Ltd
Price 1,568.95 448.85 150.45 804.45 101.25
% Change -2.13 -1.32 -0.86 2.54 -0.44
Mcap Cr 9,992.64 29,617.14 18,142.15 12,544.27 5,025.65
Revenue TTM Cr 2,265.57 5,158.25 2,997.72 2,278.18 2,054.28
Net Profit TTM Cr 233.19 353.03 262.51 111.58 -241.80
PE TTM 53.75 134.24 114.85 141.55 0.00
1 Year Return 34.67 2.03 9.06 20.05 16.71
ROCE 8.13 15.96 13.51 14.74 0.00
ROE 15.39 17.73 17.96 21.71 0.00
INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 1,255.94 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 29,068.81 33,709.58
LAST 3M 68,518.10 30,558.15
LAST 6M 130,081.93 64,349.19
LAST 12M 189,941.35 208,211.24

Sapphire Foods India Ltd Information

Stock PE (TTM)
53.75
Promoter Holding
31.3%
Book Value
205.8282
ROCE
8.13%
ROE
15.39%
Description
  • Sapphire Foods India Limited was initially incorporated with the name `Samarjit Advisors Private Limited` on 10 November, 2009. Subsequently, the Company changed the name to `Sapphire Foods India Private Limited` on 07 January, 2015. Thereafter, Company converted into a Public Limited Company and name of the Company was changed to Sapphire Foods India Limited on 15 June, 2021. The Company is a leading Yum franchisee operator in the Indian subcontinent with presence in India, Sri Lanka and Maldives. It is engaged in the franchise business of KFC and Pizza Hut restaurants in India. The Company started their operations in September, 2015, following the acquisition of about 270 KFC and Pizza Hut restaurants in India and Sri Lanka by a group of leading Private Equity firms and managed by a team of professionals. On 08 March 2017,the company has allotted 41088390 bonus equity shares of Rs 10 each to the shareholders in the ratio of 70:1. During the FY2020,the company has allotted 7136094 equity shares of Rs 10 each at a price of Rs 339 per share on conversion of CCPS and CCDs. On 03 August 2020,the company has allotted 2184520 equity shares of Rs 10 each at a price of Rs 187 per share on rights basis. As on 31 March 2021,the company has one direct subsidiary and 3 indirect subsidiaries under its roof. On 05 August 2021,the company has allotted 9189789 equity shares of Rs 10 each at a price of Rs 505.13 per share on preferential basis.On the same day,the company also allotted 183682 equity shares of Rs 10 each at a price of Rs 544.42 per share on preferential basis. Sapphire Foods owned and operated 209 KFC restaurants in India and the Maldives, 239 Pizza Hut restaurants in India, Sri Lanka and the Maldives, and two Taco Bell restaurants in Sri Lanka as of June 2021. During the month of November 2021,the company came out with an Rs 2073-crore public issue that was entirely an offer for sale by selling shareholders including promoters.The company offered 175669941 shares of Rs 10 each at a premium of Rs 1170 per share.The allotted IPO shares were listed on the BSE Ltd and National Stock Exchange of India Ltd(NSE) on 18 November 2021. The Company has 579 restaurant outlets (KFC, Pizza Hut, and Taco Bell) in operation by the close of FY 22. As of March 31, 2022, the Company owned and operated 264 KFC and 310 Pizza Hut restaurants in India, 90 Pizza Hut and 5 Taco Bell restaurants across India, Sri-Lanka and Maldives. As on March 31, 2022, Company has 1 wholly owned subsidiary company viz., Gamma Pizzakraft (Overseas) Private Limited, which in turn, has 3 wholly-owned subsidiaries viz., Gamma Pizzakraft Private Limited, India; Gamma Pizzakraft Lanka (Private) Limited, Sri Lanka and French Restaurant Private Limited, Sri Lanka & one subsidiary viz., Gamma Island Foods Private Limited, Maldives. The Board of Directors of the Company at their meeting held on February 11, 2022, approved Scheme of Merger by Absorption of Gamma Pizzakraft (Overseas) Private Limited (GPOPL) and Gamma Pizzakraft Private Limited (GPPL) with Sapphire Foods India Limited (Company) and their respective shareholders, where the Appointed Date of the Scheme stood April 1, 2022. As of March 31, 2023, the Company owned and operated 341 KFC and 286 Pizza Hut restaurants in India, 105 Pizza Hut and 9 Taco Bell restaurants in Sri Lanka and 1 KFC and Pizza Hut each in Maldives. The Company introduced compact omnichannel restaurants and expanded its footprints across over 135 cities in India. It opened total 164 new restaurants in FY 2022-23 (78 KFC, 67 Pizza Hut in India and 15 Pizza Hut and 4 Taco Bell in Sri Lanka). It added 78 new KFC stores and 67 new Pizza Hut stores during the year. In April 2023, it launched 10 New Pizzas and sauces. The Board of Directors of the Company at their meeting held on February 11, 2022, approved Scheme of Merger by Absorption of Gamma Pizzakraft (Overseas) Private Limited (GPOPL) and Gamma Pizzakraft Private Limited (GPPL) with Sapphire Foods India Limited (Company) and their respective shareholders, where the Appointed Date of the Scheme stood April 1, 2022.

Registered Address

702 Prism Tower A Wing Mindsp., Link Road Goregaon (West), Mumbai, Maharashtra, 400062

Tel : 91-22-67522343
Email : investor:sapphirefoods.in
Website : http://www.sapphirefoods.in
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 543397
NSE Code : SAPPHIRE
Book Closure Date (Month) :
BSE Group : A
ISIN : INE806T01012

FAQ’s on Sapphire Foods India Ltd Shares

You can buy Sapphire Foods India Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Sapphire Foods India Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Mar 28, 2024 03:55 PM the closing price of Sapphire Foods India Ltd was ₹ 1,568.95.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Mar 28, 2024 03:55 PM, the market cap of Sapphire Foods India Ltd stood at ₹ 9,992.64.

The latest PE ratio of Sapphire Foods India Ltd as of Mar 28, 2024 03:55 PM is 53.75

The latest PB ratio of Sapphire Foods India Ltd as of Mar 28, 2024 03:55 PM is 0.13

The 52-week high of Sapphire Foods India Ltd share price is ₹ 1,680.00 while the 52-week low is ₹ 1,137.60

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