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SFP RESEARCH

20th Mar · SEBI-Registered Analyst

Sapphire Foods India Ltd.

SAPPHIRE
operates KFC and Pizza Hut franchises in India, Sri Lanka, and Maldives. ​ It benefits from QSR penetration, rising eating‑out, and premium mall formats. ​ Same‑store growth and new store additions drive operating leverage. ​ Risks include food‑inflation pressure, store‑level profitability in new geographies, and competition from peers. ​

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