Sapphire Foods India Ltd

Past performance
Performance overview
Sapphire Foods India Ltd
About Sapphire Foods India Ltd Sapphire Foods India Limited, a prominent franchisee of Yum Brands, operates KFC, Pizza Hut, and Taco Bell restaurants across India, Sri Lanka, and the Maldives. Initially incorporated as Samarjit Advisors Private Limited in 2009, it transitioned to its current name and public status by 2021. The company began its operations in 2015 after acquiring 270 KFC and Pizza Hut outlets. As of March 31, 2023, Sapphire Foods operates 341 KFC and 286 Pizza Hut restaurants in India, and has a presence with 105 Pizza Hut and 9 Taco Bell outlets in Sri Lanka and other locations. Sapphire Foods completed a significant public issue in November 2021, raising Rs 2073 crore. The company has shown substantial growth, expanding to 579 outlets by the end of FY 2022 and introducing 164 new restaurants in FY 2022-23. Additionally, it has undertaken a strategic merger with its subsidiaries to streamline operations, demonstrating its commitment to expansion and market penetration in the fast-food sector.
Website sapphirefoods.in
Founded 2009
Headquarters Mumbai