āagman

Not investment advice. Data and computed figures, for information only.

Sapphire Foods India Ltd

NSE: SAPPHIRE
₹196.34
−₹4.42 (−2.20%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹6,655 Cr
CMP
₹196.34
52-wk High / Low
₹311 / 140
P/E
2,704.0
P/B
4.8
Book Value
₹43.3
Div Yield
0.00%
ROCE
4.0%
ROE
−1.0%
Face Value
₹2
D/E
1.02

Price−29.7% over 1Y

āagman read

Computed by āagman
Derived from 9 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
4
/ 9
4 of 9 F-score tests passed
ROIC
2.5%
vs 7.6% sector median
Cash flow to profit
−15.84
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+117
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
−1.0%
ROE × earnings retention ratio
ROE stability
7.1
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −3.73DII +4.43
Latest quarter vs the previous one
Cash-accrual divergence
−17.1%
of assets
Low = accruals track cash flow
Strengths
+FII holding rose by 9.8pp over the last year
Watch-outs
−Latest ROCE of 4% trails the sector median of 13%
−Price trades below its 200-day moving average (1.0x)
−Price is 36.8% below its 52-week high
−Annualised volatility of 45.6% is in the high band (≥45%)
−Promoter holding fell by 18.8pp over the last year

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales654643666632718696757711777742814792891
Expenses533528544529594584622605664640680668751
Operating Profit121115122103124112134106113102134124140
OPM %18.5%17.9%18.3%16.3%17.3%16.1%17.7%14.9%14.5%13.7%16.5%15.7%15.7%
Other Income886125−310979−4−86
Interest23242628272728303031323132
Depreciation73778787908810085929710210197
Profit before tax342114112−6171−2−17−3−1516
Net Profit25151028−6132−2−13−5−1314
EPS (₹)0.780.480.320.080.27−0.100.370.06−0.06−0.40−0.15−0.390.44

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 9 years + TTM
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales9571,1941,3401,0201,7222,2662,5942,8823,1253,239
Expenses9421,1551,1558941,4171,8362,1322,4052,6522,739
Operating Profit1539186125305430462477474501
OPM %1.6%3.3%13.9%12.3%17.7%19.0%17.8%16.6%15.2%15.5%
Other Income29−83613830332243
Interest21872767887101112123125
Depreciation5574191209214264324364392398
Profit before tax−40−44−161−99511087023−37−19
Net Profit−41−45−159−100462335217−32−16
EPS (₹)−1.97−2.07−6.27−3.731.467.351.660.60−0.99−0.50

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital424350536464646464—
Reserves4364294744279441,1921,2751,3341,326—
Borrowings31966466457899631,1641,2921,417—
Other Liabilities326527214225368372334350447—
Total Liabilities8341,0951,3841,3492,1652,5912,8373,0403,255—
Fixed Assets6287191,1611,0841,3901,7892,1782,3382,569—
CWIP162121303356685760—
Investments0016271536601443—
Other Assets190355186208590679591501622—
Total Assets8341,0951,3841,3492,1652,5912,8373,0403,255—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity347213154395382449508507
Cash from Investing Activity−54−335−2−78−692−204−187−337−233
Cash from Financing Activity19281−208−52313−195−213−211−260
Net Cash Flow−32−732516−1749−3914

Ratios

As of 31 Mar 2026
9 periods
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %—−5.01.0−2.09.010.07.06.04.0
ROE %————————−1.0
EPS (₹)−1.97−2.07−6.27−3.731.467.351.660.60−0.99
Book Value (₹)————————43.3
Face Value (₹)————————2
P/E————————2,704.0
Div Yield %————————0.00
NPM %−4.3−3.7−12.6−9.32.610.12.00.6−1.0
OPM %1.63.314.012.018.019.018.017.015.0
D/E0.060.201.231.340.780.770.870.921.02
P/B————————4.8

Growth

As of 11 Oct 2026
Compounded sales growth
5 years+25.0%
3 years+11.0%
TTM+10.0%
Compounded profit growth
5 years+13.0%
TTM−86.0%
Stock price CAGR
3 years−10.0%
Last year−26.0%
Return on equity
5 years6.0%
3 years2.0%
Last year−1.0%

Shareholding pattern

As of 31 Dec 2024
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Promoters51.26%51.26%44.90%30.84%26.09%26.06%26.06%
FIIs14.34%14.34%15.50%29.95%30.42%28.98%25.25%
DIIs10.83%10.83%27.45%32.39%38.51%37.49%41.92%
Government———————
Public23.57%23.57%12.16%6.82%5.00%7.46%6.75%
No. of shareholders65,79065,79059,13653,15054,41456,66858,178
Change since Jun 2023 (pp)
Promoters −25.20FIIs +10.91DIIs +31.09Public −16.82

Documents

As of 11 Oct 2026
Announcements
Announcement under Regulation 30 (LODR)-Credit RatingSapphire Foods India Limited Has informed About Action(S) Taken Or Orders PassedSapphire Foods India Limited Has informed About Action(S) Taken Or Orders PassedSapphire Foods India Limited Has informed About Action(S) Taken Or Orders PassedClosure of Trading Window
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026PPTAug 2026RecordingJul 2026PPTMay 2026TranscriptMay 2026PPTApr 2026PPTApr 2026RecordingFeb 2026TranscriptFeb 2026PPT

Corporate actions

As of 5 Sep 2024
5 Sep 2024SPLITFace Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share10 : 2
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman