Sapphire Foods India (SAPPHIRE) investor relations material

Executive summary

• Achieved 15% year-over-year revenue growth in Q1 FY27, the highest in 11 quarters, with 32%-37% adjusted EBITDA growth, the best in 15 quarters, and positive SSSG across all brands and geographies.

• Added 22 new restaurants, bringing the total count to 1,074 as of June 30, 2026.

• Unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, were reviewed and approved by the Board and Audit Committee on July 24, 2026.

• Both standalone and consolidated results were prepared in accordance with Indian Accounting Standards (Ind AS) and reviewed by Deloitte Haskins & Sells.

Financial highlights

• Q1 FY27 consolidated revenue was Rs. 8,909.60 million (₹8,882 Mn), up 15% YoY; adjusted EBITDA was INR 75 crores (₹749 Mn), up 37% YoY; EBITDA margin improved to 15.8%.

• Consolidated net profit after tax for Q1 FY27 was Rs. 140.22 million, compared to a net loss of Rs. 17.38 million in Q1 FY26.

• Adjusted profit before tax (PBT) rose 229% YoY to ₹273 Mn; reported PBT was ₹162 Mn, reversing a loss in Q1 FY26.

• Gross margin improved to 69.0% (up 140 bps YoY); consolidated restaurant EBITDA margin rose to 13.0% (up 80 bps YoY).

• Basic and diluted EPS for Q1 FY27 were Rs. 0.44 (consolidated) and Rs. 0.40 (standalone), compared to negative EPS in Q1 FY26.

Outlook and guidance

• KFC store expansion guidance remains at 60-80 stores for the year; Pizza Hut expansion to remain cautious.

• Sri Lanka store addition guidance remains high single digits despite inflationary pressures.

• The company continues to monitor regulatory changes, especially regarding labor codes, and is prepared for further clarifications or guidance from authorities.

• Focus remains on driving SSSG and transaction growth to sustain profitability.