Sapphire Foods India Ltd (SAPPHIRE) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Sapphire Foods India Ltd on NSE and BSE, with an AI summary of each filing.
Sapphire Foods India Limited has informed the Exchange regarding approval from CCI
Others (Uncategorized) · 01 Nov 2026, 1:24 am
CCI Approves Proposed Merger of Sapphire Foods India with Devyani International The Competition Commission of India (CCI) approved the proposed Scheme of Arrangement for the merger of Sapphire Foods India Limited with and into Devyani International Limited (DIL) under Section 31(1) of the Competition Act, 2002, via a letter dated 30th Oct'26. This follows the approval of the amended scheme by Sapphire Foods' board on 26th Aug'26 and the subsequent joint application filed with the regulator on 10th Sep'26. A detailed order from the CCI regarding the transaction remains awaited.
Sapphire Foods India Limited has informed the Exchange about Transcript
Transcript · 27 Oct 2026, 11:13 pm
Sapphire Foods India Limited has informed the Exchange about Corporate Presentation
Investor Presentation · 26 Oct 2026, 6:01 pm
Sapphire Foods Reports Q2FY27 Financials and Strategic Growth Sapphire Foods reported Q2FY27 restaurant sales of ₹8,853 mn, up 20% YoY, with EBITDA rising 21% YoY to ₹1,286 mn and margins expanding 20 bps to 14.5%. Adjusted EBITDA before Ind-AS 116 rose 39% YoY to ₹624 mn. As of 30th Sep'26, total restaurant count reached 1,086 outlets, led by 606 KFC and 342 Pizza Hut stores. KFC India revenue grew 21% YoY to ₹12,296 mn in 6MFY27. The previously approved merger scheme with Devyani International remains pending statutory and regulatory approvals.
Sapphire Foods India Limited has informed the Exchange about Link of Recording
Transcript · 23 Oct 2026, 2:10 am
Sapphire Foods India Limited has informed exchange regarding Earnings Presentation
Investor Presentation · 22 Oct 2026, 6:48 pm
Sapphire Foods Delivers Strong Q2 FY27 With Record Revenue Growth Sapphire Foods posted a 20% YoY rise in consolidated revenue to ₹8,853 Mn for Q2 FY27, marking its best quarterly expansion in 16 quarters. Consolidated adjusted EBITDA grew 39% YoY to ₹624 Mn with margins expanding 100 bps to 7.1%. KFC India led performance with 26% revenue growth, 14% SSSG, and restaurant EBITDA margins of 14.5% (up 70 bps). Pizza Hut India SSSG improved to 5%. Total store count reached 1,086 outlets across India and Sri Lanka as of 30th Sep'26 following 12 net additions.
Sapphire Foods India Limited has informed exchange regarding Press Release
Press Release · 22 Oct 2026, 6:46 pm
Sapphire Foods Posts Strong Q2 FY27 Results Driven by KFC SSSG Sapphire Foods delivered robust Q2 FY27 performance, with consolidated restaurant sales rising 20% YoY to ₹8,853 Mn and adjusted EBITDA surging 39% YoY to ₹624 Mn (margin up 100 bps to 7.1%). Growth was led by KFC India's 26% revenue rise and 14% SSSG, with restaurant EBITDA margins expanding 70 bps YoY to 14.5%. Pizza Hut India revenue grew 7% with SSSG at 5%, while Sri Lanka revenue rose 9% in LKR. Total restaurant count reached 1,086 outlets as of 30th Sep'26.
Sapphire Foods India Limited has informed exchange regarding Financial Results for the quarter and half year ended 30th September 2026.
Financial Result · 22 Oct 2026, 6:42 pm
Sapphire Foods India Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Million) ■ Revenue: 8,880 (+19.6% YoY | -0.3% QoQ) ■ EBITDA: 1,269 (+24.3% YoY | -9.2% QoQ) ■ EBITDA Margin (%): 14.3 (+54 bps YoY | -140 bps QoQ) ■ PAT: -15.0 (+88.3% YoY | Profit to Loss QoQ) ■ EPS (INR): -0.05 (+87.5% YoY | Profit to Loss QoQ)
Sapphire Foods India Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Outcome · 22 Oct 2026, 6:39 pm
Sapphire Foods India Limited has informed the Exchange about Schedule of meet
Intimation · 22 Oct 2026, 4:00 pm
Sapphire Foods Schedules Q2 FY27 Earnings Conference Call Sapphire Foods India Limited has scheduled its Q2 FY27 earnings conference call for analysts and investors on 22nd Oct'26 at 4:00 PM IST. The management team—represented by Whole Time Director & Group CEO Sanjay Purohit, Executive Director & CFO Vijay Jain, and Head of Investor Relations Kaushik Vankadkar—will discuss the company's financial performance. Domestic access numbers include +91 22 6280 1550 and +91 22 7115 8378, alongside toll-free international dial-ins for Hong Kong, Singapore, the US, and the UK.
SAPPHIRE FOODS INDIA LIMITED has informed the Exchange about Board Meeting to be held on 22-Oct-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 .
Intimation · 22 Oct 2026, 5:30 am
Sapphire Foods India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/10/2026 ,inter alia, to consider and approve the financial results ....
Intimation · 22 Oct 2026, 5:30 am
Sapphire Foods Board to Consider Q2 FY27 Results on 22nd Oct'26 Sapphire Foods India Limited has scheduled its Board of Directors meeting on 22nd Oct'26 to consider and approve the standalone and consolidated unaudited financial results for the quarter and half-year ended 30th Sep'26. Consequently, the company's trading window, which closed on 25th Sep'26, will remain shut until 24th Oct'26, concluding 48 hours post the declaration of the financial results.
To consider and approve the financial results for the period ended September 30, 2026
Intimation · 22 Oct 2026, 5:30 am
Sapphire Foods India Limited has informed the Exchange about Credit Rating - Revision
Others (Uncategorized) · 01 Oct 2026, 5:26 am
ICRA Upgrades Sapphire Foods India's Credit Ratings on Rs 200 Crore Bank Facilities On 30th Sep'26, ICRA upgraded its credit ratings for Sapphire Foods India Limited's Rs 200.00 crore debt facilities while maintaining them on Watch with Developing Implications. Long-term ratings on Rs 121.02 crore limits—including a Rs 102.02 crore term loan and Rs 19.00 crore non-fund based limits—were upgraded to [ICRA]A+ from [ICRA]A. Short-term ratings were upgraded to [ICRA]A1 from [ICRA]A2+. The revision also applies to Rs 42.00 crore working capital and Rs 36.98 crore unallocated facilities.
Sapphire Foods India Limited has informed the Exchange about Actions(s) taken or orders passed
Others (Uncategorized) · 29 Sept 2026, 12:21 am
Sapphire Foods Receives ₹21.45 Million GST Show Cause Notice Sapphire Foods India received a show cause notice dated 28th Sep'26 from the Deputy Commissioner of State Tax, Ghaziabad Sector-4, Uttar Pradesh, under Section 73 of the UP GST Act, 2017. Pertaining to the period Apr'22 to Mar'23, the notice alleges short payment of GST amounting to INR 21.45 million following a scrutiny of returns. The company stated the claim is not maintainable, expects no material impact on its financials or operations, and is taking necessary steps to respond.
Sapphire Foods India Limited has informed the Exchange about Action(s) taken or orders passed
Others (Uncategorized) · 28 Sept 2026, 1:11 am
Sapphire Foods Receives INR 14.03 Million GST Show Cause Notice Sapphire Foods India Limited received a show cause notice dated 26th Sep'26 from the Assistant Commissioner of State Tax, Vadodara, Gujarat, under Section 73 of the Gujarat GST Act, 2017. The demand of INR 14.03 million for the period Apr'22 to Mar'23 pertains to alleged incorrect availment and utilization of Input Tax Credit (ITC). The company stated the claim is not maintainable, expects no material impact on financials or operations, and is currently evaluating steps to respond.
Sapphire Foods India Limited has informed the Exchange about Action(s) taken or orders passed
Others (Uncategorized) · 26 Sept 2026, 11:57 pm
Sapphire Foods Receives ₹199.90 Million GST Show Cause Notice Sapphire Foods India received a show cause notice dated 25th Sep'26 from the Deputy Commissioner, DGSTO-4, Bengaluru, Karnataka, under Section 73 of the Karnataka GST Act 2017 for the period Apr'22 to Mar'23. The notice demands INR 199.90 million following scrutiny of GST returns, alleging incorrect availment and utilization of input tax credit alongside short tax payment. Sapphire Foods stated the claim is not maintainable, projects no material impact on financials or operations, and is evaluating steps to respond.
Sapphire Foods India Limited has informed the Exchange about Action(s) taken or orders passed
Others (Uncategorized) · 22 Sept 2026, 9:36 pm
Sapphire Foods Receives GST Show Cause Notice of INR 214.65 Million Sapphire Foods India received a show cause notice dated 21st Sep'26 from the Deputy Commissioner (CT), Chennai, Tamil Nadu, under Section 73 of the Tamil Nadu SGST Act, 2017. The notice demands INR 214.65 million for the period Apr'22 to Mar'23, alleging inadvertent availment and utilization of Input Tax Credit (ITC), alongside short payment of tax and interest following a GST return scrutiny. Sapphire Foods stated the claim is not maintainable, expects no material impact on operations or financials, and is evaluating steps to respond.
Sapphire Foods India Limited has informed the Exchange about Action(s) taken or orders passed
Others (Uncategorized) · 22 Sept 2026, 9:31 pm
Sapphire Foods Receives ₹5,168.38 Million GST Show Cause Notice Sapphire Foods India received a show cause notice dated 21st Sep'26 from the Deputy Commissioner (CT), Chennai, under Section 73 of the Tamil Nadu SGST Act, 2017, for Apr'23 to Mar'24. The notice demands INR 5,168.38 million alleging inadvertent ITC availment, utilization, and short tax payment. Management stated the notice contains computational errors regarding tax, interest, and penalty, deemed the claim unmaintainable with no material operational or financial impact, and is taking necessary steps to respond.
Sapphire Foods has informed the Exchange regarding Filing of joint application with the Competition Commission of India
Others (Uncategorized) · 11 Sept 2026, 2:56 am
Sapphire Foods and Devyani International File Joint CCI Application for Merger Sapphire Foods India Limited and Devyani International Limited have jointly filed an application with the Competition Commission of India (CCI) under the Competition Act, 2002. This filing represents a key regulatory step for the proposed Scheme of Arrangement involving the merger of Sapphire Foods into Devyani International, which was previously approved by Sapphire Foods' Board of Directors on 26th Aug'26. The transaction remains subject to necessary statutory and regulatory approvals.
Amended Scheme of Arrangement
Others (Uncategorized) · 27 Aug 2026, 1:11 am
Sapphire Foods-Devyani Merger Unchanged Despite Termination of Secondary Sale Transaction Sapphire Foods' merger with Devyani International remains on track, with the share swap ratio of 177 Devyani shares for every 100 Sapphire shares unchanged. The board, on 26th Aug'26, approved a revised scheme after a key condition precedent—the secondary sale of an 18.5% promoter stake by Sapphire Foods Mauritius to Arctic International—was terminated by mutual agreement. This termination removes a previous contingency but does not impact the merger's core terms for public shareholders. The deal's consummation continues, subject to requisite approvals.
Outcome of Board Meeting
Others (Uncategorized) · 27 Aug 2026, 1:08 am
Sapphire Foods-Devyani Merger Update: Secondary Sale Condition Removed The Board on 26th Aug'26 approved a revised merger scheme with Devyani International, removing a key condition. The previously required secondary sale of an 18.5% stake by promoter SFML to Arctic International has been terminated by mutual agreement. This change does not impact the merger's share exchange ratio of 177 Devyani shares for every 100 Sapphire shares. The merger process will now proceed without the secondary sale pre-condition. All other terms of the original Jan '26 agreement remain unchanged.
Sapphire Foods India Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
Others (Uncategorized) · 14 Aug 2026, 10:57 pm
Sapphire Foods Wins Income Tax Appeal for Sri Lankan Subsidiary The Income Tax Appellate Tribunal (ITAT), in an order received on 13th Aug'26, dismissed an appeal filed by the Income Tax Department. The appeal was against a previous favourable order Sapphire Foods had received from the CIT(A) for its wholly-owned Sri Lankan subsidiary, Gamma Pizzakraft Lanka. The ITAT upheld the earlier decision, concluding the matter in the company's favour. The original favourable order from CIT(A) was first disclosed on 2nd Sep'25. This development removes an overhang related to the tax dispute.
Sapphire Foods India Limited has informed the Exchange about Corporate Presentation
Investor Presentation · 11 Aug 2026, 6:23 pm
Sapphire Foods Q1FY27: Strong Sales Growth and Margin Expansion Sapphire Foods reported strong Q1FY27 results, with consolidated restaurant sales growing 15% YoY to ₹8,882 mn. EBITDA rose 24% YoY to ₹1,406 mn, with the margin expanding 120 bps to 15.8%. Growth was driven by the KFC India segment, which saw revenue rise 17% YoY. In contrast, Pizza Hut India revenue grew only 3% YoY with a negative EBITDA margin. The company added a net of 22 restaurants in Q1, reaching a total of 1,074. A merger scheme with Devyani International was approved on 1st Jan'26.
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for GIC Pvt Ltd
Acquisition/ Disposal of Shares · 03 Aug 2026, 6:05 pm
Singapore's GIC Sells Stake in Sapphire Foods India GIC, on behalf of the Government of Singapore (GOS) and MAS, sold 2,350,734 equity shares, or a 0.712% stake, in Sapphire Foods India through an open market sale on 30 Jul'26. This transaction reduced GIC's total holding in the company from 3.260% to 2.548% on a diluted basis. Post-sale, GOS holds a 2.260% stake and MAS holds 0.288%. The disclosure, dated 03 Aug'26, was triggered as GIC's aggregate sales since its last report crossed the regulatory threshold.
Sapphire Foods India Limited has informed the Exchange about Transcript
Transcript · 31 Jul 2026, 12:24 am