Sapphire Foods India Ltd.
•₹ 242.340.41%
2026-08-21
PROS
- Company is almost debt free
- Latest quarter profit grew 478.4% YoY, showing strong momentum
- Company has delivered good sales growth of 26.7% CAGR over last 5 years
- Working capital cycle has improved - days down from -5 to -29
- Company generates healthy free cash flow
CONS
- Company is loss-making at the operating / net level
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -327.20x)
- Company has a low return on equity of -0.1% over last 3 years
- Company has a low return on capital employed of 8.4%
- Promoter holding has decreased over last 2 years: -4.8pp
- Interest coverage is weak at 0.5x - 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
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 565 | 550 | 572 | 548 | 617 | 591 | 638 | 605 | 660 | 616 | 680 | 668 | 756 | |
| 454 | 448 | 462 | 454 | 504 | 493 | 523 | 515 | 562 | 534 | 567 | 564 | 747 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 7 | 8 | 6 | 10 | 5 | 9 | 6 | 13 | 6 | 9 | 7 | 5 | 5 |
| Interest | 21 | 23 | 25 | 26 | 26 | 26 | 26 | 28 | 28 | 29 | 29 | 29 | 30 |
| Depreciation | 65 | 69 | 79 | 79 | 81 | 79 | 91 | 75 | 82 | 86 | 91 | 90 | 86 |
| 33 | 20 | 13 | -0 | 13 | -15 | 4 | -5 | -5 | -23 | -13 | -22 | 14 | |
| Tax % | 26.32% | 24.46% | 26.40% | 1635.71% | 25.34% | -2.86% | 22.60% | 22.78% | 25.38% | 26.07% | 16.23% | 23.76% | 10.22% |
| Net Profit | 24 | 15 | 10 | 2 | 9 | -15 | 3 | -4 | -3 | -17 | -11 | -17 | 13 |
| 4 | 0 | 0 | 0 | 0 | -0 | 0 | -0 | -0 | -1 | -0 | -1 | 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
- 565
- 454
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 21
- Depreciation
- 65
- 33
- Tax %
- 26.32%
- Net Profit
- 24
- 4
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 550
- 448
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 23
- Depreciation
- 69
- 20
- Tax %
- 24.46%
- Net Profit
- 15
- 0
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 572
- 462
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 25
- Depreciation
- 79
- 13
- Tax %
- 26.40%
- Net Profit
- 10
- 0
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 548
- 454
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 26
- Depreciation
- 79
- -0
- Tax %
- 1635.71%
- Net Profit
- 2
- 0
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 617
- 504
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 26
- Depreciation
- 81
- 13
- Tax %
- 25.34%
- Net Profit
- 9
- 0
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 591
- 493
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 26
- Depreciation
- 79
- -15
- Tax %
- -2.86%
- Net Profit
- -15
- -0
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 638
- 523
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 26
- Depreciation
- 91
- 4
- Tax %
- 22.60%
- Net Profit
- 3
- 0
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 605
- 515
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 28
- Depreciation
- 75
- -5
- Tax %
- 22.78%
- Net Profit
- -4
- -0
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 660
- 562
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 28
- Depreciation
- 82
- -5
- Tax %
- 25.38%
- Net Profit
- -3
- -0
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 616
- 534
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 29
- Depreciation
- 86
- -23
- Tax %
- 26.07%
- Net Profit
- -17
- -1
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 680
- 567
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 29
- Depreciation
- 91
- -13
- Tax %
- 16.23%
- Net Profit
- -11
- -0
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 668
- 564
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 29
- Depreciation
- 90
- -22
- Tax %
- 23.76%
- Net Profit
- -17
- -1
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 756
- 747
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 30
- Depreciation
- 86
- 14
- Tax %
- 10.22%
- Net Profit
- 13
- 0
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 64
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 960 | 1,104 | 805 | 1,398 | 1,981 | 2,236 | 2,451 | 2,625 | 2,720 | |
| 941 | 957 | 715 | 1,161 | 1,590 | 1,818 | 2,035 | 2,227 | 2,412 | |
| Operating Profit | 29 | 157 | 143 | 272 | 420 | 450 | 449 | 424 | — |
| OPM % | 3 | 14 | 18 | 19 | 21 | 20 | 18 | 16 | — |
| Other Income | 9 | 11 | 53 | 34 | 30 | 32 | 33 | 27 | 26 |
| Interest | 16 | 60 | 66 | 67 | 80 | 94 | 105 | 115 | 117 |
| Depreciation | 55 | 156 | 174 | 180 | 239 | 291 | 326 | 349 | 354 |
| -42 | -139 | -97 | 25 | 101 | 65 | -3 | -63 | -44 | |
| Tax % | 0 | 0 | 0 | 0 | -124 | 22 | -127 | 23 | 27 |
| Net Profit | -42 | -139 | -97 | 25 | 226 | 51 | -6 | -48 | -32 |
| EPS | -10 | -28 | -19 | 4 | 35 | 8 | -0 | -2 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -2 | -6 | -4 | 1 | 7 | 2 | -0 | -2 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -2 | -6 | -4 | 1 | 7 | 2 | -0 | -2 | — |
Mar 2019
- 960
- 941
- Operating Profit
- 29
- OPM %
- 3
- Other Income
- 9
- Interest
- 16
- Depreciation
- 55
- -42
- Tax %
- 0
- Net Profit
- -42
- EPS
- -10
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -2
Mar 2020
- 1,104
- 957
- Operating Profit
- 157
- OPM %
- 14
- Other Income
- 11
- Interest
- 60
- Depreciation
- 156
- -139
- Tax %
- 0
- Net Profit
- -139
- EPS
- -28
- 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
- 805
- 715
- Operating Profit
- 143
- OPM %
- 18
- Other Income
- 53
- Interest
- 66
- Depreciation
- 174
- -97
- Tax %
- 0
- Net Profit
- -97
- EPS
- -19
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -4
Mar 2022
- 1,398
- 1,161
- Operating Profit
- 272
- OPM %
- 19
- Other Income
- 34
- Interest
- 67
- Depreciation
- 180
- 25
- Tax %
- 0
- Net Profit
- 25
- EPS
- 4
- 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
- 1,981
- 1,590
- Operating Profit
- 420
- OPM %
- 21
- Other Income
- 30
- Interest
- 80
- Depreciation
- 239
- 101
- Tax %
- -124
- Net Profit
- 226
- EPS
- 35
- 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
- 2,236
- 1,818
- Operating Profit
- 450
- OPM %
- 20
- Other Income
- 32
- Interest
- 94
- Depreciation
- 291
- 65
- Tax %
- 22
- Net Profit
- 51
- EPS
- 8
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2025
- 2,451
- 2,035
- Operating Profit
- 449
- OPM %
- 18
- Other Income
- 33
- Interest
- 105
- Depreciation
- 326
- -3
- Tax %
- -127
- Net Profit
- -6
- EPS
- -0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
Mar 2026
- 2,625
- 2,227
- Operating Profit
- 424
- OPM %
- 16
- Other Income
- 27
- Interest
- 115
- Depreciation
- 349
- -63
- Tax %
- 23
- Net Profit
- -48
- EPS
- -2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -2
TTM
- 2,720
- 2,412
- Operating Profit
- —
- OPM %
- —
- Other Income
- 26
- Interest
- 117
- Depreciation
- 354
- -44
- Tax %
- 27
- Net Profit
- -32
- 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:
- 27%
- 3 Years:
- 10%
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:
- 5%
- 3 Years:
- 0%
- Last Year:
- -4%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 |
| 454 | 493 | 443 | 972 | 1,065 | 1,128 | 1,155 | 1,108 | |
| 21 | 9 | 21 | 17 | 19 | 0 | 0 | 0 | |
| Trade Payables | 93 | 102 | 113 | 166 | 182 | 189 | 204 | 232 |
| 350 | 610 | 624 | 862 | 933 | 1,115 | 1,253 | 1,401 | |
| Total Liabilities | 961 | 1,264 | 1,254 | 2,080 | 2,263 | 2,495 | 2,676 | 2,806 |
| ASSETS | - | - | - | - | - | - | - | - |
| 519 | 919 | 871 | 1,189 | 1,578 | 1,952 | 2,124 | 2,305 | |
| Capital Work in Progress | 17 | 16 | 16 | 27 | 49 | 60 | 47 | 52 |
| 99 | 172 | 187 | 321 | 104 | 40 | 171 | 34 | |
| 26 | 33 | 33 | 49 | 74 | 66 | 67 | 75 | |
| 0 | 0 | 0 | 0 | 0 | 29 | 30 | 31 | |
| Cash & Bank | 184 | 34 | 36 | 230 | 194 | 145 | 71 | 60 |
| 116 | 91 | 111 | 265 | 264 | 204 | 166 | 251 | |
| Total Assets | 961 | 1,264 | 1,254 | 2,080 | 2,263 | 2,495 | 2,676 | 2,806 |
| Total Debt | 72 | 51 | 62 | 54 | 38 | 19 | 12 | 3 |
| Net Working Capital | -164 | -126 | -142 | 145 | -17 | -76 | -33 | -205 |
| Contingent Liabilities | 26 | 17 | 16 | 12 | 18 | 30 | 149 | 155 |
| Book Value per Share | 115.22 | 108.15 | 94.01 | 163.04 | 177.54 | 187.13 | 37.96 | 36.48 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 2.00 | 2.00 |
| Total Debt | 72 | 51 | 62 | 54 | 38 | 19 | 12 | 3 |
| Net Working Capital | -164 | -126 | -142 | 145 | -17 | -76 | -33 | -205 |
| Contingent Liabilities | 26 | 17 | 16 | 12 | 18 | 30 | 149 | 155 |
| Book Value per Share | 115.22 | 108.15 | 94.01 | 163.04 | 177.54 | 187.13 | 37.96 | 36.48 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 2.00 | 2.00 |
Mar 2019
- Equity Capital
- 43
- 454
- 21
- Trade Payables
- 93
- 350
- Total Liabilities
- 961
- 519
- Capital Work in Progress
- 17
- 99
- 26
- 0
- Cash & Bank
- 184
- 116
- Total Assets
- 961
- Total Debt
- 72
- Net Working Capital
- -164
- Contingent Liabilities
- 26
- Book Value per Share
- 115.22
- Face Value
- 10.00
- Total Debt
- 72
- Net Working Capital
- -164
- Contingent Liabilities
- 26
- Book Value per Share
- 115.22
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 50
- 493
- 9
- Trade Payables
- 102
- 610
- Total Liabilities
- 1,264
- 919
- Capital Work in Progress
- 16
- 172
- 33
- 0
- Cash & Bank
- 34
- 91
- Total Assets
- 1,264
- Total Debt
- 51
- Net Working Capital
- -126
- Contingent Liabilities
- 17
- Book Value per Share
- 108.15
- Face Value
- 10.00
- Total Debt
- 51
- Net Working Capital
- -126
- Contingent Liabilities
- 17
- Book Value per Share
- 108.15
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 53
- 443
- 21
- Trade Payables
- 113
- 624
- Total Liabilities
- 1,254
- 871
- Capital Work in Progress
- 16
- 187
- 33
- 0
- Cash & Bank
- 36
- 111
- Total Assets
- 1,254
- Total Debt
- 62
- Net Working Capital
- -142
- Contingent Liabilities
- 16
- Book Value per Share
- 94.01
- Face Value
- 10.00
- Total Debt
- 62
- Net Working Capital
- -142
- Contingent Liabilities
- 16
- Book Value per Share
- 94.01
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 64
- 972
- 17
- Trade Payables
- 166
- 862
- Total Liabilities
- 2,080
- 1,189
- Capital Work in Progress
- 27
- 321
- 49
- 0
- Cash & Bank
- 230
- 265
- Total Assets
- 2,080
- Total Debt
- 54
- Net Working Capital
- 145
- Contingent Liabilities
- 12
- Book Value per Share
- 163.04
- Face Value
- 10.00
- Total Debt
- 54
- Net Working Capital
- 145
- Contingent Liabilities
- 12
- Book Value per Share
- 163.04
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 64
- 1,065
- 19
- Trade Payables
- 182
- 933
- Total Liabilities
- 2,263
- 1,578
- Capital Work in Progress
- 49
- 104
- 74
- 0
- Cash & Bank
- 194
- 264
- Total Assets
- 2,263
- Total Debt
- 38
- Net Working Capital
- -17
- Contingent Liabilities
- 18
- Book Value per Share
- 177.54
- Face Value
- 10.00
- Total Debt
- 38
- Net Working Capital
- -17
- Contingent Liabilities
- 18
- Book Value per Share
- 177.54
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 64
- 1,128
- 0
- Trade Payables
- 189
- 1,115
- Total Liabilities
- 2,495
- 1,952
- Capital Work in Progress
- 60
- 40
- 66
- 29
- Cash & Bank
- 145
- 204
- Total Assets
- 2,495
- Total Debt
- 19
- Net Working Capital
- -76
- Contingent Liabilities
- 30
- Book Value per Share
- 187.13
- Face Value
- 10.00
- Total Debt
- 19
- Net Working Capital
- -76
- Contingent Liabilities
- 30
- Book Value per Share
- 187.13
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 64
- 1,155
- 0
- Trade Payables
- 204
- 1,253
- Total Liabilities
- 2,676
- 2,124
- Capital Work in Progress
- 47
- 171
- 67
- 30
- Cash & Bank
- 71
- 166
- Total Assets
- 2,676
- Total Debt
- 12
- Net Working Capital
- -33
- Contingent Liabilities
- 149
- Book Value per Share
- 37.96
- Face Value
- 2.00
- Total Debt
- 12
- Net Working Capital
- -33
- Contingent Liabilities
- 149
- Book Value per Share
- 37.96
- Face Value
- 2.00
Mar 2026
- Equity Capital
- 64
- 1,108
- 0
- Trade Payables
- 232
- 1,401
- Total Liabilities
- 2,806
- 2,305
- Capital Work in Progress
- 52
- 34
- 75
- 31
- Cash & Bank
- 60
- 251
- Total Assets
- 2,806
- Total Debt
- 3
- Net Working Capital
- -205
- Contingent Liabilities
- 155
- Book Value per Share
- 36.48
- Face Value
- 2.00
- Total Debt
- 3
- Net Working Capital
- -205
- Contingent Liabilities
- 155
- Book Value per Share
- 36.48
- Face Value
- 2.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 28 | 167 | 115 | 240 | 417 | 422 | 462 | 429 | |
| Cash from Investing | -297 | -39 | -71 | -579 | -254 | -171 | -295 | -187 |
| Cash from Financing | 263 | -129 | -30 | 342 | -181 | -197 | -191 | -233 |
| -7 | -2 | 14 | 3 | -18 | 54 | -24 | 9 | |
| Free Cash Flow | 28 | -445 | 115 | -244 | -6 | -144 | 31 | 238 |
| OCF / Net Profit | -0.67 | -1.20 | -1.19 | 9.66 | 1.84 | 8.31 | -73.06 | -8.85 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | -724 | -248 | -125 |
| OCF / Net Profit | -0.67 | -1.20 | -1.19 | 9.66 | 1.84 | 8.31 | -73.06 | -8.85 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | -724 | -248 | -125 |
Mar 2019
- 28
- Cash from Investing
- -297
- Cash from Financing
- 263
- -7
- Free Cash Flow
- 28
- OCF / Net Profit
- -0.67
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.67
- Cumulative 5-Year FCF
- 0
Mar 2020
- 167
- Cash from Investing
- -39
- Cash from Financing
- -129
- -2
- Free Cash Flow
- -445
- OCF / Net Profit
- -1.20
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.20
- Cumulative 5-Year FCF
- 0
Mar 2021
- 115
- Cash from Investing
- -71
- Cash from Financing
- -30
- 14
- Free Cash Flow
- 115
- OCF / Net Profit
- -1.19
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.19
- Cumulative 5-Year FCF
- 0
Mar 2022
- 240
- Cash from Investing
- -579
- Cash from Financing
- 342
- 3
- Free Cash Flow
- -244
- OCF / Net Profit
- 9.66
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 9.66
- Cumulative 5-Year FCF
- 0
Mar 2023
- 417
- Cash from Investing
- -254
- Cash from Financing
- -181
- -18
- Free Cash Flow
- -6
- OCF / Net Profit
- 1.84
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.84
- Cumulative 5-Year FCF
- 0
Mar 2024
- 422
- Cash from Investing
- -171
- Cash from Financing
- -197
- 54
- Free Cash Flow
- -144
- OCF / Net Profit
- 8.31
- Cumulative 5-Year FCF
- -724
- OCF / Net Profit
- 8.31
- Cumulative 5-Year FCF
- -724
Mar 2025
- 462
- Cash from Investing
- -295
- Cash from Financing
- -191
- -24
- Free Cash Flow
- 31
- OCF / Net Profit
- -73.06
- Cumulative 5-Year FCF
- -248
- OCF / Net Profit
- -73.06
- Cumulative 5-Year FCF
- -248
Mar 2026
- 429
- Cash from Investing
- -187
- Cash from Financing
- -233
- 9
- Free Cash Flow
- 238
- OCF / Net Profit
- -8.85
- Cumulative 5-Year FCF
- -125
- OCF / Net Profit
- -8.85
- Cumulative 5-Year FCF
- -125
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - |
| EPS (₹) | -9.75 | -27.65 | -18.32 | 3.90 | 35.62 | 7.97 | -0.20 | -1.51 |
| Book Value (₹) | 115.22 | 108.15 | 94.01 | 163.04 | 177.54 | 187.13 | 37.96 | 36.48 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 0.58 | 0.66 | 2.95 | 6.45 | 14.65 | 10.72 | 9.95 | 9.36 |
| PROFITABILITY | - | - | - | - | - | - | - | - |
| Operating Margin % | 2.97% | 14.24% | 17.82% | 19.43% | 21.22% | 18.69% | 16.98% | 15.16% |
| Net Margin % | -4.38% | -12.59% | -12.01% | 1.77% | 11.43% | 2.27% | -0.26% | -1.85% |
| ROE % | -8.47% | -26.71% | -18.60% | 3.24% | 20.92% | 4.38% | -0.52% | -4.05% |
| ROCE % | -4.52% | -13.33% | -5.24% | 10.95% | 15.87% | 13.05% | 8.11% | 4.13% |
| -4.37% | -12.48% | -7.68% | 1.49% | 10.42% | 2.13% | -0.24% | -1.77% | |
| EFFICIENCY | - | - | - | - | - | - | - | - |
| Debtor Days | 8 | 4 | 2 | 2 | 3 | 4 | 4 | 4 |
| Inventory Days | 10 | 10 | 15 | 11 | 11 | 11 | 10 | 10 |
| Payable Days | 108 | 101 | 162 | 121 | 102 | 101 | 97 | 99 |
| -90 | -87 | -145 | -108 | -88 | -86 | -83 | -85 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.15x | 0.09x | 0.12x | 0.05x | 0.03x | 0.02x | 0.01x | 0.00x |
| Interest Coverage (x) | -1.62x | -1.31x | -0.47x | 1.37x | 2.26x | 1.70x | 0.97x | 0.45x |
| 0.59x | 0.42x | 0.44x | 1.37x | 0.97x | 0.80x | 0.92x | 0.56x | |
| GROWTH | - | - | - | - | - | - | - | - |
| Revenue Growth % | 0.00% | 14.90% | -27.04% | 73.65% | 41.70% | 12.87% | 9.61% | 7.08% |
| Operating Profit Growth % | 0.00% | 451.15% | -8.71% | 89.38% | 54.72% | 6.96% | -0.14% | -5.46% |
| Net Profit Growth % | 0.00% | -230.35% | 30.39% | 125.65% | 812.49% | -77.57% | -112.45% | -666.77% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -77.63% | -102.47% | -666.16% | |
| VALUATION | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 39.39x | 0.00x | 0.00x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 8.39x | 7.76x | 4.11x |
| 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 | 21.96x | 20.93x | 11.21x |
Mar 2019
- EPS (₹)
- -9.75
- Book Value (₹)
- 115.22
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.58
- Operating Margin %
- 2.97%
- Net Margin %
- -4.38%
- ROE %
- -8.47%
- ROCE %
- -4.52%
- -4.37%
- Debtor Days
- 8
- Inventory Days
- 10
- Payable Days
- 108
- -90
- Debt to Equity (x)
- 0.15x
- Interest Coverage (x)
- -1.62x
- 0.59x
- 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 (₹)
- -27.65
- Book Value (₹)
- 108.15
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.66
- Operating Margin %
- 14.24%
- Net Margin %
- -12.59%
- ROE %
- -26.71%
- ROCE %
- -13.33%
- -12.48%
- Debtor Days
- 4
- Inventory Days
- 10
- Payable Days
- 101
- -87
- Debt to Equity (x)
- 0.09x
- Interest Coverage (x)
- -1.31x
- 0.42x
- Revenue Growth %
- 14.90%
- Operating Profit Growth %
- 451.15%
- Net Profit Growth %
- -230.35%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- -18.32
- Book Value (₹)
- 94.01
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.95
- Operating Margin %
- 17.82%
- Net Margin %
- -12.01%
- ROE %
- -18.60%
- ROCE %
- -5.24%
- -7.68%
- Debtor Days
- 2
- Inventory Days
- 15
- Payable Days
- 162
- -145
- Debt to Equity (x)
- 0.12x
- Interest Coverage (x)
- -0.47x
- 0.44x
- Revenue Growth %
- -27.04%
- Operating Profit Growth %
- -8.71%
- Net Profit Growth %
- 30.39%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 3.90
- Book Value (₹)
- 163.04
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.45
- Operating Margin %
- 19.43%
- Net Margin %
- 1.77%
- ROE %
- 3.24%
- ROCE %
- 10.95%
- 1.49%
- Debtor Days
- 2
- Inventory Days
- 11
- Payable Days
- 121
- -108
- Debt to Equity (x)
- 0.05x
- Interest Coverage (x)
- 1.37x
- 1.37x
- Revenue Growth %
- 73.65%
- Operating Profit Growth %
- 89.38%
- Net Profit Growth %
- 125.65%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 35.62
- Book Value (₹)
- 177.54
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 14.65
- Operating Margin %
- 21.22%
- Net Margin %
- 11.43%
- ROE %
- 20.92%
- ROCE %
- 15.87%
- 10.42%
- Debtor Days
- 3
- Inventory Days
- 11
- Payable Days
- 102
- -88
- Debt to Equity (x)
- 0.03x
- Interest Coverage (x)
- 2.26x
- 0.97x
- Revenue Growth %
- 41.70%
- Operating Profit Growth %
- 54.72%
- Net Profit Growth %
- 812.49%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 7.97
- Book Value (₹)
- 187.13
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 10.72
- Operating Margin %
- 18.69%
- Net Margin %
- 2.27%
- ROE %
- 4.38%
- ROCE %
- 13.05%
- 2.13%
- Debtor Days
- 4
- Inventory Days
- 11
- Payable Days
- 101
- -86
- Debt to Equity (x)
- 0.02x
- Interest Coverage (x)
- 1.70x
- 0.80x
- Revenue Growth %
- 12.87%
- Operating Profit Growth %
- 6.96%
- Net Profit Growth %
- -77.57%
- -77.63%
- P/E (x)
- 39.39x
- P/B (x)
- 8.39x
- Dividend Yield %
- 0.00%
- 21.96x
Mar 2025
- EPS (₹)
- -0.20
- Book Value (₹)
- 37.96
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 9.95
- Operating Margin %
- 16.98%
- Net Margin %
- -0.26%
- ROE %
- -0.52%
- ROCE %
- 8.11%
- -0.24%
- Debtor Days
- 4
- Inventory Days
- 10
- Payable Days
- 97
- -83
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 0.97x
- 0.92x
- Revenue Growth %
- 9.61%
- Operating Profit Growth %
- -0.14%
- Net Profit Growth %
- -112.45%
- -102.47%
- P/E (x)
- 0.00x
- P/B (x)
- 7.76x
- Dividend Yield %
- 0.00%
- 20.93x
Mar 2026
- EPS (₹)
- -1.51
- Book Value (₹)
- 36.48
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 9.36
- Operating Margin %
- 15.16%
- Net Margin %
- -1.85%
- ROE %
- -4.05%
- ROCE %
- 4.13%
- -1.77%
- Debtor Days
- 4
- Inventory Days
- 10
- Payable Days
- 99
- -85
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 0.45x
- 0.56x
- Revenue Growth %
- 7.08%
- Operating Profit Growth %
- -5.46%
- Net Profit Growth %
- -666.77%
- -666.16%
- P/E (x)
- 0.00x
- P/B (x)
- 4.11x
- Dividend Yield %
- 0.00%
- 11.21x
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