Sapphire Foods India Ltd.
•₹ 242.340.41%
2026-08-21
PROS
- Company is almost debt free
- Latest quarter profit grew 906.8% YoY, showing strong momentum
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 39.88x)
- Company has delivered good sales growth of 25.1% CAGR over last 5 years
- Working capital cycle has improved - days down from -5 to -23
- Company generates healthy free cash flow
CONS
- Company is loss-making at the operating / net level
- Company has a low return on equity of 1.0% over last 3 years
- Promoter holding has decreased over last 2 years: -4.8pp
- Company has a low return on capital employed of 9.5%
- Interest coverage is weak at 0.7x - earnings barely cover interest
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | NESTLEIND | 1469.90 | 74.37 | 283442.92 | 0.82 | 9586.80 | 1382.67 | 63781.80 | 1157.04 | 98.35 | 23.86 |
| 2. | VBL | 432.75 | 43.23 | 146376.17 | 0.35 | 1525.36 | 15.08 | 8650.57 | 20.77 | 20.73 | 27.04 |
| 3. | BRITANNIA | 5410.00 | 50.04 | 130309.75 | 1.67 | 593.38 | 14.08 | 4999.97 | 10.26 | 56.48 | 16.77 |
| 4. | JUBLFOOD | 495.90 | 75.40 | 32721.72 | 0.24 | 100.03 | 6.03 | 2569.65 | 13.66 | 25.56 | 19.77 |
| 5. | HATSUN | 931.75 | 59.58 | 20754.57 | 1.72 | 60.58 | — | 2363.72 | 17.61 | 14.60 | 10.81 |
| 6. | DEVYANI | 142.85 | 0.00 | 17612.54 | 0.00 | 171.04 | 7576.84 | 15805.16 | 1064.74 | 8.98 | 16.09 |
| 7. | ZYDUSWELL | 492.95 | 83.34 | 15683.73 | 0.24 | 118.90 | -7.04 | 1437.00 | 67.54 | 4.42 | 16.82 |
| 8. | MILKYMIST | 199.55 | 120.95 | 15362.23 | 0.00 | — | — | — | — | 13.79 | — |
| 9. | BIKAJI | 609.25 | 59.09 | 15276.12 | 0.21 | 59.47 | 1.62 | 734.26 | 15.26 | 21.65 | 13.48 |
| 10. | LTFOODS | 429.90 | 23.31 | 14928.40 | 0.70 | 183.45 | 8.87 | 3151.83 | 27.92 | 21.42 | 11.26 |
| 11. | MANORAMA | 1924.70 | 49.26 | 12149.17 | 0.04 | 78.66 | 67.55 | 404.01 | 39.53 | 19.70 | 26.29 |
| 12. | SAPPHIRE | 233.70 | 0.00 | 7510.72 | 0.00 | 14.02 | 906.79 | 890.96 | 14.69 | 6.08 | 15.69 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 654 | 643 | 666 | 632 | 718 | 696 | 757 | 711 | 777 | 742 | 814 | 792 | 891 | |
| 533 | 528 | 544 | 529 | 594 | 584 | 622 | 605 | 664 | 640 | 680 | 668 | 880 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 8 | 8 | 6 | 12 | 5 | 8 | 10 | 13 | 7 | 9 | 7 | 5 | 6 |
| Interest | 23 | 24 | 26 | 28 | 27 | 27 | 28 | 30 | 30 | 31 | 32 | 31 | 32 |
| Depreciation | 73 | 77 | 87 | 87 | 90 | 88 | 100 | 85 | 92 | 97 | 102 | 101 | 97 |
| 34 | 21 | 14 | 1 | 12 | -6 | 17 | 1 | -2 | -17 | -3 | -15 | 16 | |
| Tax % | 26.03% | 28.93% | 30.04% | -142.86% | 30.85% | -1.96% | 24.32% | -232.79% | 5.98% | 22.86% | -43.58% | 18.48% | 13.27% |
| Net Profit | 0 | 0 | 0 | 0 | 8 | -6 | 13 | 2 | -2 | -13 | -5 | -13 | 14 |
| 4 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | -0 | -0 | -0 | -0 | 0 | |
| Equity Capital | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 654
- 533
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 23
- Depreciation
- 73
- 34
- Tax %
- 26.03%
- Net Profit
- 0
- 4
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 643
- 528
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 24
- Depreciation
- 77
- 21
- Tax %
- 28.93%
- Net Profit
- 0
- 0
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 666
- 544
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 26
- Depreciation
- 87
- 14
- Tax %
- 30.04%
- Net Profit
- 0
- 0
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 632
- 529
- Operating Profit
- —
- OPM %
- —
- Other Income
- 12
- Interest
- 28
- Depreciation
- 87
- 1
- Tax %
- -142.86%
- Net Profit
- 0
- 0
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 718
- 594
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 27
- Depreciation
- 90
- 12
- Tax %
- 30.85%
- Net Profit
- 8
- 0
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 696
- 584
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 27
- Depreciation
- 88
- -6
- Tax %
- -1.96%
- Net Profit
- -6
- -0
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 757
- 622
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 28
- Depreciation
- 100
- 17
- Tax %
- 24.32%
- Net Profit
- 13
- 0
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 711
- 605
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 30
- Depreciation
- 85
- 1
- Tax %
- -232.79%
- Net Profit
- 2
- 0
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 777
- 664
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 30
- Depreciation
- 92
- -2
- Tax %
- 5.98%
- Net Profit
- -2
- -0
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 742
- 640
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 31
- Depreciation
- 97
- -17
- Tax %
- 22.86%
- Net Profit
- -13
- -0
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 814
- 680
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 32
- Depreciation
- 102
- -3
- Tax %
- -43.58%
- Net Profit
- -5
- -0
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 792
- 668
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 31
- Depreciation
- 101
- -15
- Tax %
- 18.48%
- Net Profit
- -13
- -0
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 891
- 880
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 32
- Depreciation
- 97
- 16
- Tax %
- 13.27%
- Net Profit
- 14
- 0
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 1,194 | 1,340 | 1,020 | 1,722 | 2,266 | 2,594 | 2,882 | 3,125 | 3,239 | |
| 1,048 | 1,155 | 895 | 1,417 | 1,837 | 2,133 | 2,405 | 2,652 | 2,868 | |
| Operating Profit | 158 | 197 | 186 | 343 | 459 | 495 | 514 | 502 | — |
| OPM % | 13 | 15 | 18 | 20 | 20 | 19 | 18 | 16 | — |
| Other Income | 12 | 11 | 62 | 38 | 31 | 33 | 37 | 28 | 27 |
| Interest | 72 | 72 | 76 | 78 | 87 | 101 | 112 | 123 | 125 |
| Depreciation | 155 | 191 | 209 | 214 | 264 | 324 | 364 | 392 | 398 |
| -68 | -161 | -99 | 51 | 108 | 70 | 23 | -37 | -19 | |
| Tax % | -2 | 1 | -1 | 11 | -115 | 26 | 28 | 14 | 16 |
| Net Profit | -69 | -159 | -100 | 46 | 233 | 52 | 17 | -32 | -16 |
| EPS | -15 | -31 | -19 | 8 | 36 | 8 | 1 | -1 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 1 | 0 | 0 | 1 | 3 | -0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -3 | -6 | -4 | 1 | 7 | 2 | 1 | -1 | — |
| Minority Interest | 0 | 0 | 1 | 0 | 0 | 1 | 3 | -0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -3 | -6 | -4 | 1 | 7 | 2 | 1 | -1 | — |
Mar 2019
- 1,194
- 1,048
- Operating Profit
- 158
- OPM %
- 13
- Other Income
- 12
- Interest
- 72
- Depreciation
- 155
- -68
- Tax %
- -2
- Net Profit
- -69
- EPS
- -15
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -3
Mar 2020
- 1,340
- 1,155
- Operating Profit
- 197
- OPM %
- 15
- Other Income
- 11
- Interest
- 72
- Depreciation
- 191
- -161
- Tax %
- 1
- Net Profit
- -159
- EPS
- -31
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -6
Mar 2021
- 1,020
- 895
- Operating Profit
- 186
- OPM %
- 18
- Other Income
- 62
- Interest
- 76
- Depreciation
- 209
- -99
- Tax %
- -1
- Net Profit
- -100
- EPS
- -19
- Dividend Payout %
- 0
- Minority Interest
- 1
- Share of Associates
- 0
- Adjusted EPS
- -4
- Minority Interest
- 1
- Share of Associates
- 0
- Adjusted EPS
- -4
Mar 2022
- 1,722
- 1,417
- Operating Profit
- 343
- OPM %
- 20
- Other Income
- 38
- Interest
- 78
- Depreciation
- 214
- 51
- Tax %
- 11
- Net Profit
- 46
- EPS
- 8
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2023
- 2,266
- 1,837
- Operating Profit
- 459
- OPM %
- 20
- Other Income
- 31
- Interest
- 87
- Depreciation
- 264
- 108
- Tax %
- -115
- Net Profit
- 233
- EPS
- 36
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
Mar 2024
- 2,594
- 2,133
- Operating Profit
- 495
- OPM %
- 19
- Other Income
- 33
- Interest
- 101
- Depreciation
- 324
- 70
- Tax %
- 26
- Net Profit
- 52
- EPS
- 8
- Dividend Payout %
- 0
- Minority Interest
- 1
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 1
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2025
- 2,882
- 2,405
- Operating Profit
- 514
- OPM %
- 18
- Other Income
- 37
- Interest
- 112
- Depreciation
- 364
- 23
- Tax %
- 28
- Net Profit
- 17
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 3
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 3
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2026
- 3,125
- 2,652
- Operating Profit
- 502
- OPM %
- 16
- Other Income
- 28
- Interest
- 123
- Depreciation
- 392
- -37
- Tax %
- 14
- Net Profit
- -32
- EPS
- -1
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- -1
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- -1
TTM
- 3,239
- 2,868
- Operating Profit
- —
- OPM %
- —
- Other Income
- 27
- Interest
- 125
- Depreciation
- 398
- -19
- Tax %
- 16
- Net Profit
- -16
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- 25%
- 3 Years:
- 11%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- -3%
- 1 Year:
- -26%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- 6%
- 3 Years:
- 1%
- Last Year:
- -2%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - |
| Equity Capital | 43 | 50 | 53 | 64 | 64 | 64 | 64 | 64 |
| 352 | 463 | 408 | 938 | 1,170 | 1,238 | 1,296 | 1,269 | |
| 31 | 17 | 27 | 19 | 23 | 7 | 7 | 3 | |
| Trade Payables | 114 | 131 | 144 | 199 | 217 | 231 | 243 | 284 |
| 1,028 | 719 | 717 | 944 | 998 | 1,188 | 1,320 | 1,509 | |
| Total Liabilities | 1,567 | 1,381 | 1,349 | 2,164 | 2,472 | 2,727 | 2,930 | 3,129 |
| ASSETS | - | - | - | - | - | - | - | - |
| 1,205 | 1,161 | 1,084 | 1,390 | 1,789 | 2,178 | 2,338 | 2,569 | |
| Capital Work in Progress | 21 | 18 | 21 | 32 | 55 | 67 | 56 | 60 |
| 0 | 16 | 27 | 153 | 66 | 0 | 144 | 3 | |
| 38 | 44 | 47 | 65 | 99 | 97 | 96 | 112 | |
| 0 | 0 | 0 | 0 | 0 | 34 | 37 | 35 | |
| Cash & Bank | 186 | 39 | 50 | 255 | 220 | 168 | 78 | 68 |
| 117 | 102 | 119 | 270 | 242 | 183 | 181 | 281 | |
| Total Assets | 1,567 | 1,381 | 1,349 | 2,164 | 2,472 | 2,727 | 2,930 | 3,129 |
| Total Debt | 96 | 71 | 76 | 61 | 44 | 28 | 20 | 6 |
| Net Working Capital | -332 | -162 | -167 | 143 | -41 | -81 | -36 | -199 |
| Contingent Liabilities | 32 | 27 | 24 | 20 | 40 | 45 | 164 | 157 |
| Book Value per Share | 91.61 | 102.17 | 87.37 | 157.62 | 194.16 | 204.41 | 42.35 | 41.49 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 2.00 | 2.00 |
| Total Debt | 96 | 71 | 76 | 61 | 44 | 28 | 20 | 6 |
| Net Working Capital | -332 | -162 | -167 | 143 | -41 | -81 | -36 | -199 |
| Contingent Liabilities | 32 | 27 | 24 | 20 | 40 | 45 | 164 | 157 |
| Book Value per Share | 91.61 | 102.17 | 87.37 | 157.62 | 194.16 | 204.41 | 42.35 | 41.49 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 2.00 | 2.00 |
Mar 2019
- Equity Capital
- 43
- 352
- 31
- Trade Payables
- 114
- 1,028
- Total Liabilities
- 1,567
- 1,205
- Capital Work in Progress
- 21
- 0
- 38
- 0
- Cash & Bank
- 186
- 117
- Total Assets
- 1,567
- Total Debt
- 96
- Net Working Capital
- -332
- Contingent Liabilities
- 32
- Book Value per Share
- 91.61
- Face Value
- 10.00
- Total Debt
- 96
- Net Working Capital
- -332
- Contingent Liabilities
- 32
- Book Value per Share
- 91.61
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 50
- 463
- 17
- Trade Payables
- 131
- 719
- Total Liabilities
- 1,381
- 1,161
- Capital Work in Progress
- 18
- 16
- 44
- 0
- Cash & Bank
- 39
- 102
- Total Assets
- 1,381
- Total Debt
- 71
- Net Working Capital
- -162
- Contingent Liabilities
- 27
- Book Value per Share
- 102.17
- Face Value
- 10.00
- Total Debt
- 71
- Net Working Capital
- -162
- Contingent Liabilities
- 27
- Book Value per Share
- 102.17
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 53
- 408
- 27
- Trade Payables
- 144
- 717
- Total Liabilities
- 1,349
- 1,084
- Capital Work in Progress
- 21
- 27
- 47
- 0
- Cash & Bank
- 50
- 119
- Total Assets
- 1,349
- Total Debt
- 76
- Net Working Capital
- -167
- Contingent Liabilities
- 24
- Book Value per Share
- 87.37
- Face Value
- 10.00
- Total Debt
- 76
- Net Working Capital
- -167
- Contingent Liabilities
- 24
- Book Value per Share
- 87.37
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 64
- 938
- 19
- Trade Payables
- 199
- 944
- Total Liabilities
- 2,164
- 1,390
- Capital Work in Progress
- 32
- 153
- 65
- 0
- Cash & Bank
- 255
- 270
- Total Assets
- 2,164
- Total Debt
- 61
- Net Working Capital
- 143
- Contingent Liabilities
- 20
- Book Value per Share
- 157.62
- Face Value
- 10.00
- Total Debt
- 61
- Net Working Capital
- 143
- Contingent Liabilities
- 20
- Book Value per Share
- 157.62
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 64
- 1,170
- 23
- Trade Payables
- 217
- 998
- Total Liabilities
- 2,472
- 1,789
- Capital Work in Progress
- 55
- 66
- 99
- 0
- Cash & Bank
- 220
- 242
- Total Assets
- 2,472
- Total Debt
- 44
- Net Working Capital
- -41
- Contingent Liabilities
- 40
- Book Value per Share
- 194.16
- Face Value
- 10.00
- Total Debt
- 44
- Net Working Capital
- -41
- Contingent Liabilities
- 40
- Book Value per Share
- 194.16
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 64
- 1,238
- 7
- Trade Payables
- 231
- 1,188
- Total Liabilities
- 2,727
- 2,178
- Capital Work in Progress
- 67
- 0
- 97
- 34
- Cash & Bank
- 168
- 183
- Total Assets
- 2,727
- Total Debt
- 28
- Net Working Capital
- -81
- Contingent Liabilities
- 45
- Book Value per Share
- 204.41
- Face Value
- 10.00
- Total Debt
- 28
- Net Working Capital
- -81
- Contingent Liabilities
- 45
- Book Value per Share
- 204.41
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 64
- 1,296
- 7
- Trade Payables
- 243
- 1,320
- Total Liabilities
- 2,930
- 2,338
- Capital Work in Progress
- 56
- 144
- 96
- 37
- Cash & Bank
- 78
- 181
- Total Assets
- 2,930
- Total Debt
- 20
- Net Working Capital
- -36
- Contingent Liabilities
- 164
- Book Value per Share
- 42.35
- Face Value
- 2.00
- Total Debt
- 20
- Net Working Capital
- -36
- Contingent Liabilities
- 164
- Book Value per Share
- 42.35
- Face Value
- 2.00
Mar 2026
- Equity Capital
- 64
- 1,269
- 3
- Trade Payables
- 284
- 1,509
- Total Liabilities
- 3,129
- 2,569
- Capital Work in Progress
- 60
- 3
- 112
- 35
- Cash & Bank
- 68
- 281
- Total Assets
- 3,129
- Total Debt
- 6
- Net Working Capital
- -199
- Contingent Liabilities
- 157
- Book Value per Share
- 41.49
- Face Value
- 2.00
- Total Debt
- 6
- Net Working Capital
- -199
- Contingent Liabilities
- 157
- Book Value per Share
- 41.49
- Face Value
- 2.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 150 | 213 | 154 | 395 | 382 | 449 | 508 | 507 | |
| Cash from Investing | -335 | -2 | -78 | -692 | -204 | -187 | -337 | -233 |
| Cash from Financing | 177 | -208 | -52 | 313 | -195 | -213 | -211 | -260 |
| -8 | 3 | 25 | 16 | -17 | 49 | -39 | 14 | |
| Free Cash Flow | 150 | 80 | 154 | -103 | -37 | -172 | 39 | 242 |
| OCF / Net Profit | -2.16 | -1.34 | -1.54 | 8.59 | 1.64 | 8.64 | 30.41 | -15.87 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | -78 | -119 | -31 |
| OCF / Net Profit | -2.16 | -1.34 | -1.54 | 8.59 | 1.64 | 8.64 | 30.41 | -15.87 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | -78 | -119 | -31 |
Mar 2019
- 150
- Cash from Investing
- -335
- Cash from Financing
- 177
- -8
- Free Cash Flow
- 150
- OCF / Net Profit
- -2.16
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -2.16
- Cumulative 5-Year FCF
- 0
Mar 2020
- 213
- Cash from Investing
- -2
- Cash from Financing
- -208
- 3
- Free Cash Flow
- 80
- OCF / Net Profit
- -1.34
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.34
- Cumulative 5-Year FCF
- 0
Mar 2021
- 154
- Cash from Investing
- -78
- Cash from Financing
- -52
- 25
- Free Cash Flow
- 154
- OCF / Net Profit
- -1.54
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.54
- Cumulative 5-Year FCF
- 0
Mar 2022
- 395
- Cash from Investing
- -692
- Cash from Financing
- 313
- 16
- Free Cash Flow
- -103
- OCF / Net Profit
- 8.59
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 8.59
- Cumulative 5-Year FCF
- 0
Mar 2023
- 382
- Cash from Investing
- -204
- Cash from Financing
- -195
- -17
- Free Cash Flow
- -37
- OCF / Net Profit
- 1.64
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.64
- Cumulative 5-Year FCF
- 0
Mar 2024
- 449
- Cash from Investing
- -187
- Cash from Financing
- -213
- 49
- Free Cash Flow
- -172
- OCF / Net Profit
- 8.64
- Cumulative 5-Year FCF
- -78
- OCF / Net Profit
- 8.64
- Cumulative 5-Year FCF
- -78
Mar 2025
- 508
- Cash from Investing
- -337
- Cash from Financing
- -211
- -39
- Free Cash Flow
- 39
- OCF / Net Profit
- 30.41
- Cumulative 5-Year FCF
- -119
- OCF / Net Profit
- 30.41
- Cumulative 5-Year FCF
- -119
Mar 2026
- 507
- Cash from Investing
- -233
- Cash from Financing
- -260
- 14
- Free Cash Flow
- 242
- OCF / Net Profit
- -15.87
- Cumulative 5-Year FCF
- -31
- OCF / Net Profit
- -15.87
- Cumulative 5-Year FCF
- -31
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - |
| EPS (₹) | -16.10 | -31.69 | -18.65 | 7.31 | 36.72 | 8.29 | 0.60 | -0.99 |
| Book Value (₹) | 91.61 | 102.17 | 87.37 | 157.62 | 194.16 | 204.41 | 42.35 | 41.49 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 3.96 | 1.28 | 4.14 | 8.17 | 15.65 | 11.80 | 11.85 | 11.21 |
| PROFITABILITY | - | - | - | - | - | - | - | - |
| Operating Margin % | 13.27% | 14.69% | 18.24% | 19.92% | 20.28% | 17.78% | 16.54% | 15.15% |
| Net Margin % | -5.81% | -11.88% | -9.80% | 2.67% | 10.29% | 2.00% | 0.58% | -1.02% |
| ROE % | -17.58% | -35.07% | -20.50% | 6.29% | 20.86% | 4.10% | 1.25% | -2.37% |
| ROCE % | 0.74% | -16.24% | -4.02% | 15.95% | 16.49% | 12.81% | 9.68% | 6.08% |
| -4.43% | -10.80% | -7.32% | 2.62% | 10.06% | 2.00% | 0.59% | -1.05% | |
| EFFICIENCY | - | - | - | - | - | - | - | - |
| Debtor Days | 7 | 4 | 2 | 2 | 3 | 4 | 4 | 4 |
| Inventory Days | 12 | 11 | 16 | 12 | 13 | 14 | 12 | 12 |
| Payable Days | 106 | 104 | 162 | 119 | 103 | 101 | 95 | 96 |
| -87 | -89 | -143 | -104 | -87 | -83 | -79 | -80 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.24x | 0.14x | 0.16x | 0.06x | 0.04x | 0.02x | 0.01x | 0.00x |
| Interest Coverage (x) | 0.05x | -1.23x | -0.31x | 1.66x | 2.25x | 1.69x | 1.21x | 0.70x |
| 0.44x | 0.42x | 0.46x | 1.32x | 0.92x | 0.82x | 0.92x | 0.63x | |
| GROWTH | - | - | - | - | - | - | - | - |
| Revenue Growth % | 0.00% | 12.28% | -23.93% | 68.84% | 31.60% | 14.51% | 11.09% | 8.45% |
| Operating Profit Growth % | 0.00% | 24.29% | -5.53% | 84.39% | 33.96% | 7.67% | 3.89% | -2.40% |
| Net Profit Growth % | 0.00% | -129.45% | 37.27% | 146.03% | 407.10% | -77.72% | -67.85% | -291.30% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -77.43% | -92.77% | -265.92% | |
| VALUATION | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 37.87x | 491.16x | 0.00x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 7.68x | 6.95x | 3.61x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 19.93x | 18.28x | 9.48x |
Mar 2019
- EPS (₹)
- -16.10
- Book Value (₹)
- 91.61
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.96
- Operating Margin %
- 13.27%
- Net Margin %
- -5.81%
- ROE %
- -17.58%
- ROCE %
- 0.74%
- -4.43%
- Debtor Days
- 7
- Inventory Days
- 12
- Payable Days
- 106
- -87
- Debt to Equity (x)
- 0.24x
- Interest Coverage (x)
- 0.05x
- 0.44x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- -31.69
- Book Value (₹)
- 102.17
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.28
- Operating Margin %
- 14.69%
- Net Margin %
- -11.88%
- ROE %
- -35.07%
- ROCE %
- -16.24%
- -10.80%
- Debtor Days
- 4
- Inventory Days
- 11
- Payable Days
- 104
- -89
- Debt to Equity (x)
- 0.14x
- Interest Coverage (x)
- -1.23x
- 0.42x
- Revenue Growth %
- 12.28%
- Operating Profit Growth %
- 24.29%
- Net Profit Growth %
- -129.45%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- -18.65
- Book Value (₹)
- 87.37
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.14
- Operating Margin %
- 18.24%
- Net Margin %
- -9.80%
- ROE %
- -20.50%
- ROCE %
- -4.02%
- -7.32%
- Debtor Days
- 2
- Inventory Days
- 16
- Payable Days
- 162
- -143
- Debt to Equity (x)
- 0.16x
- Interest Coverage (x)
- -0.31x
- 0.46x
- Revenue Growth %
- -23.93%
- Operating Profit Growth %
- -5.53%
- Net Profit Growth %
- 37.27%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 7.31
- Book Value (₹)
- 157.62
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 8.17
- Operating Margin %
- 19.92%
- Net Margin %
- 2.67%
- ROE %
- 6.29%
- ROCE %
- 15.95%
- 2.62%
- Debtor Days
- 2
- Inventory Days
- 12
- Payable Days
- 119
- -104
- Debt to Equity (x)
- 0.06x
- Interest Coverage (x)
- 1.66x
- 1.32x
- Revenue Growth %
- 68.84%
- Operating Profit Growth %
- 84.39%
- Net Profit Growth %
- 146.03%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 36.72
- Book Value (₹)
- 194.16
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 15.65
- Operating Margin %
- 20.28%
- Net Margin %
- 10.29%
- ROE %
- 20.86%
- ROCE %
- 16.49%
- 10.06%
- Debtor Days
- 3
- Inventory Days
- 13
- Payable Days
- 103
- -87
- Debt to Equity (x)
- 0.04x
- Interest Coverage (x)
- 2.25x
- 0.92x
- Revenue Growth %
- 31.60%
- Operating Profit Growth %
- 33.96%
- Net Profit Growth %
- 407.10%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 8.29
- Book Value (₹)
- 204.41
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 11.80
- Operating Margin %
- 17.78%
- Net Margin %
- 2.00%
- ROE %
- 4.10%
- ROCE %
- 12.81%
- 2.00%
- Debtor Days
- 4
- Inventory Days
- 14
- Payable Days
- 101
- -83
- Debt to Equity (x)
- 0.02x
- Interest Coverage (x)
- 1.69x
- 0.82x
- Revenue Growth %
- 14.51%
- Operating Profit Growth %
- 7.67%
- Net Profit Growth %
- -77.72%
- -77.43%
- P/E (x)
- 37.87x
- P/B (x)
- 7.68x
- Dividend Yield %
- 0.00%
- 19.93x
Mar 2025
- EPS (₹)
- 0.60
- Book Value (₹)
- 42.35
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 11.85
- Operating Margin %
- 16.54%
- Net Margin %
- 0.58%
- ROE %
- 1.25%
- ROCE %
- 9.68%
- 0.59%
- Debtor Days
- 4
- Inventory Days
- 12
- Payable Days
- 95
- -79
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 1.21x
- 0.92x
- Revenue Growth %
- 11.09%
- Operating Profit Growth %
- 3.89%
- Net Profit Growth %
- -67.85%
- -92.77%
- P/E (x)
- 491.16x
- P/B (x)
- 6.95x
- Dividend Yield %
- 0.00%
- 18.28x
Mar 2026
- EPS (₹)
- -0.99
- Book Value (₹)
- 41.49
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 11.21
- Operating Margin %
- 15.15%
- Net Margin %
- -1.02%
- ROE %
- -2.37%
- ROCE %
- 6.08%
- -1.05%
- Debtor Days
- 4
- Inventory Days
- 12
- Payable Days
- 96
- -80
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 0.70x
- 0.63x
- Revenue Growth %
- 8.45%
- Operating Profit Growth %
- -2.40%
- Net Profit Growth %
- -291.30%
- -265.92%
- P/E (x)
- 0.00x
- P/B (x)
- 3.61x
- Dividend Yield %
- 0.00%
- 9.48x
Documents
Announcements
- Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
2026-08-14 - Sapphire Foods India Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
- Investor Presentation
2026-08-11 - Sapphire Foods India Limited has informed the Exchange about Investor Presentation
Annual Reports
Credit Ratings
- Credit Rating
2025-10-01 - Sapphire Foods India Limited has informed the Exchange about Credit Rating
Concalls
Aug 2026
Jul 2026
May 2026