Sapphire Foods India Ltd — earnings calls

Sapphire Foods reported Q1 FY27 revenue of Rs 888 crores, up 15% year-on-year, with positive same-store sales growth across KFC India, Pizza Hut India and Sri Lanka. Consolidated adjusted EBITDA grew 37% year-on-year to Rs 75 crores at an 8.4% margin, while KFC delivered 5% SSSG and 17% system growth. Management attributed the improvement to a two-pronged value strategy, lower discounting, and modest price increases, while noting Sri Lanka profitability was pressured by currency depreciation, wage increases and higher utility and fuel costs.

Sapphire Foods reported Q4 FY26 revenue of INR7.9 billion, up 11% year-on-year, with KFC revenue growth of 15% and Pizza Hut India revenue decline of 6%. Consolidated restaurant EBITDA grew 21% year-on-year with margin at 13%, up 100 basis points, while adjusted EBITDA rose 20% to INR61 crores. Management attributed the quarter's performance to a two-pronged consumer recruitment strategy in KFC, continued double-digit same-store sales growth in Sri Lanka, and described ongoing challenges from LPG availability and inflation in both India and Sri Lanka.