Sapphire Foods India Limited — Quarter ended March 31, 2026 (reporting period: quarter and year ended March 31, 2026)
| Particulars | Quarter ended 31.03.2026 (Unaudited) (Refer Note 4) | Quarter ended 31.12.2025 (Unaudited) | Quarter ended 31.03.2025 (Audited) (Refer Note 3) | Year ended 31.03.2026 (Audited) | Year ended 31.03.2025 (Audited) |
|---|---|---|---|---|---|
| 1. Income | |||||
| a) Revenue from operations | 6,684.93 | 6,795.82 | 6,046.43 | 26,245.42 | 24,510.76 |
| b) Other income | 45.43 | 67.25 | 126.95 | 286.57 | 328.06 |
| Total income [1(a)+1(b)] | 6,730.36 | 6,863.07 | 6,173.38 | 26,511.99 | 24,838.82 |
| 2. Expenses | |||||
| a) Cost of materials consumed | 2,015.17 | 2,055.17 | 1,847.78 | 8,066.97 | 7,386.96 |
| b) Employee benefits expense | 876.89 | 865.58 | 789.27 | 3,391.49 | 3,153.33 |
| c) Finance costs | 289.74 | 294.37 | 277.82 | 1,148.05 | 1,048.53 |
| d) Depreciation and amortisation expense | 901.89 | 914.05 | 754.23 | 3,492.38 | 3,260.53 |
| e) Other expenses | 2,744.62 | 2,752.31 | 2,512.90 | 10,809.10 | 9,808.94 |
| Total expenses [2(a) to 2(e)] | 6,828.31 | 6,881.48 | 6,182.00 | 26,907.99 | 24,658.29 |
| 3. (Loss)/Profit before exceptional items and tax [1 – 2] | (97.95) | (18.41) | (8.62) | (396.00) | 180.53 |
| 4. Exceptional Items (refer note 5) | 123.07 | 111.63 | 38.75 | 234.70 | 208.39 |
| 5. Loss before tax [3 – 4] | (221.02) | (130.04) | (47.37) | (630.70) | (27.86) |
| 6. Tax (credit)/ expense | |||||
| a) Current tax | – | – | – | – | – |
| b) Deferred tax | (51.98) | (21.54) | (9.36) | (146.10) | 37.76 |
| c) Tax in relation to earlier years | (0.48) | 0.48 | (1.39) | – | (2.42) |
| Total Tax (credit)/expense [6(a)+6(b)+6(c)] | (52.46) | (21.06) | (10.75) | (146.10) | 35.34 |
| 7. Loss after tax [5 – 6] | (168.56) | (108.98) | (36.62) | (484.60) | (63.20) |
| 8. Other comprehensive loss | |||||
| a) Items that will not be reclassified to profit or loss | |||||
| i) Remeasurements losses of net defined benefit plan | (1.18) | (2.18) | (4.47) | (17.42) | (19.32) |
| ii) Tax effect on above | 0.31 | 0.55 | 1.12 | 4.40 | 4.86 |
| b) Items that will be reclassified to profit or loss | – | – | – | – | – |
| Total Other comprehensive loss [8(a)+8(b)] | (0.87) | (1.63) | (3.35) | (13.02) | (14.46) |
| 9. Total comprehensive loss [7 + 8] | (169.43) | (110.61) | (39.97) | (497.62) | (77.66) |
| 10. Paid-up equity share capital [Face Value – Rs. 2/- per share] | 642.77 | 642.77 | 642.38 | 642.77 | 642.38 |
| 11. Other equity (excluding revaluation reserve) | – | – | – | 11,661.04 | 11,932.68 |
| 12. Earnings per equity share (of Rs. 2/- each) (not annualised for quarters) | |||||
| a) Basic (Rs.) | (0.52) | (0.34) | (0.11) | (1.51) | (0.20) |
| b) Diluted (Rs.) | (0.52) | (0.34) | (0.11) | (1.51) | (0.20) |
| Particulars | As at March 31, 2026 (Audited) | As at March 31, 2025 (Audited) |
|---|---|---|
| ASSETS | ||
| Non-current assets | ||
| Property, Plant and Equipment | 9,657.31 | 9,088.31 |
| Capital work-in-progress | 518.15 | 472.94 |
| Right of use assets | 11,217.56 | 10,518.40 |
| Goodwill (Refer note 5(d)) | 1,019.86 | 1,019.86 |
| Other Intangible assets | 1,152.27 | 609.72 |
| Intangible assets under development | 7.76 | 8.55 |
| Financial assets | ||
| i) Investment in subsidiaries (Refer note 5(c)) | 304.68 | 277.69 |
| ii) Other financial assets | 1,407.36 | 977.92 |
| Deferred tax assets (net) | 1,265.98 | 1,115.48 |
| Income tax assets (net) | 19.49 | 54.98 |
| Other non-current assets | 160.38 | 111.43 |
| Total Non-Current assets | 26,730.80 | 24,255.28 |
| Current Assets | ||
| Inventories | 746.52 | 665.83 |
| Financial assets | ||
| i) Investments | 31.02 | 1,436.53 |
| ii) Trade receivables | 307.66 | 297.68 |
| iii) Cash and cash equivalents | 596.85 | 506.45 |
| iv) Bank balances other than cash and cash equivalents | – | 200.00 |
| v) Other financial assets | 796.76 | 352.93 |
| Other current assets | 115.02 | 158.23 |
| Total current assets | 2,593.83 | 3,617.65 |
| Total Assets | 29,324.63 | 27,872.93 |
| EQUITY AND LIABILITIES | ||
| Equity | ||
| Equity share capital | 642.77 | 642.38 |
| Other equity | 11,661.04 | 11,932.68 |
| Total equity | 12,303.81 | 12,575.06 |
| Liabilities | ||
| Non-current liabilities | ||
| Financial liabilities | ||
| i) Borrowings | – | 59.21 |
| ii) Lease Liabilities | 12,102.03 | 11,152.04 |
| iii) Other financial liabilities | 2.41 | – |
| Other non-current liabilities | 64.92 | 18.86 |
| Provisions | 206.15 | 116.59 |
| Total non-current liabilities | 12,375.51 | 11,346.70 |
| Current liabilities | ||
| Financial liabilities | ||
| i) Borrowings | 30.04 | 64.01 |
| ii) Lease Liabilities | 1,148.33 | 1,066.27 |
| iii) Trade payables | ||
| (a) total outstanding dues of micro enterprises and small enterprises | 76.18 | 32.08 |
| (b) total outstanding dues of creditors other than micro enterprises and small enterprises | 2,247.33 | 2,007.65 |
| iv) Other financial liabilities | 776.35 | 444.91 |
| Other current liabilities | 279.50 | 269.50 |
| Provisions | 87.58 | 66.75 |
| Total current liabilities | 4,645.31 | 3,951.17 |
| Total Equity and Liabilities | 29,324.63 | 27,872.93 |
| Particulars | Year ended March 31, 2026 (Audited) | Year ended March 31, 2025 (Audited) |
|---|---|---|
| Cash flow from operating activities: | ||
| Loss after exceptional items and before tax | (630.70) | (27.86) |
| Adjustments for: | ||
| Depreciation and amortisation expense | 3,492.38 | 3,260.53 |
| Finance cost | 1,148.05 | 1,048.53 |
| Interest income | (151.03) | (123.06) |
| Expenses on employee stock option scheme | 140.51 | 116.91 |
| Provision for slow moving inventories | – | 0.42 |
| Sundry balances written back | (43.47) | (23.91) |
| Expected credit loss and write off of financial assets | 7.83 | 19.61 |
| Write back of expected credit loss on financial assets | – | (19.48) |
| Gain on fair value/sale of mutual funds | (46.25) | (86.86) |
| Loss on sale/discard of property, plant and equipment | 2.42 | 3.13 |
| Gain on termination/remeasurement of lease contract | (21.47) | (66.26) |
| Exceptional item (Refer note 5) | 234.70 | 208.39 |
| Operating profit before working capital changes | 4,132.97 | 4,310.09 |
| Changes in working capital | ||
| Increase in Trade Payables | 255.23 | 178.16 |
| Increase in Other Liabilities | 56.06 | 77.96 |
| Increase in Financial Liabilities | 64.47 | 8.73 |
| (Decrease)/Increase in Provisions | (10.85) | 4.77 |
| Increase in Inventories | (80.69) | (6.32) |
| Increase in Trade and Other Receivables | (10.78) | (5.66) |
| (Increase)/Decrease in Financial Assets | (148.78) | 50.88 |
| Increase in Other Assets | (3.00) | (0.05) |
| Cash flow from operations | 4,254.63 | 4,618.56 |
| Income tax refund/(paid) (net) | 35.49 | (1.28) |
| Net cash flow from operating activities (A) | 4,290.12 | 4,617.28 |
| Cash flow from investing activities: | ||
| Purchase of property, plant and equipment and other intangible assets | (2,818.98) | (2,381.74) |
| Proceeds from sale of property, plant and equipment | 10.52 | 8.51 |
| Inter corporate deposit realised from Subsidiary | – | 231.56 |
| Purchase of current Investments | (5,900.00) | (7,600.00) |
| Proceeds from sale of current Investment | 7,351.76 | 6,250.33 |
| Interest received | 38.24 | 99.31 |
| Deposits with financial institutions (placed)/realised- net | (549.58) | 446.60 |
| Net cash used in investing activities (B) | (1,868.04) | (2,945.43) |
| Cash flow from financing activities: | ||
| Proceeds from exercise of employee stock option | – | 226.96 |
| Repayment of borrowings | (92.46) | (63.11) |
| Payment of principal portion of lease liabilities | (1,090.45) | (1,025.68) |
| Interest paid on lease liabilities | (1,123.55) | (1,030.88) |
| Finance cost paid | (25.22) | (18.16) |
| Net cash used in financing activities (C) | (2,331.68) | (1,910.87) |
| Net Increase/(Decrease) in cash and cash equivalents (A+B+C) | 90.40 | (239.02) |
| Cash and cash equivalents at the beginning of the year | 506.45 | 745.47 |
| Cash and cash equivalents at the end of the year | 596.85 | 506.45 |
| Cash and cash equivalents comprise: | ||
| Balances with banks in current accounts | 545.05 | 443.08 |
| Cash on hand | 51.80 | 63.37 |
| Total cash and cash equivalents at the end of the year | 596.85 | 506.45 |
| Particulars | Quarter ended 31.03.2026 (Unaudited) (Refer Note 4) | Quarter ended 31.12.2025 (Unaudited) | Quarter ended 31.03.2025 (Audited) (Refer Note 3) | Year ended 31.03.2026 (Audited) | Year ended 31.03.2025 (Audited) |
|---|---|---|---|---|---|
| 1 Income | |||||
| a) Revenue from operations | 7,922.23 | 8,138.29 | 7,113.41 | 31,253.17 | 28,818.64 |
| b) Other income | 49.54 | 70.61 | 129.76 | 280.44 | 372.15 |
| Total Income [1(a) + 1(b)] | 7,971.77 | 8,208.90 | 7,243.17 | 31,533.61 | 29,190.79 |
| 2 Expenses | |||||
| a) Cost of materials consumed | 2,474.48 | 2,549.79 | 2,265.61 | 9,951.36 | 9,068.44 |
| b) Employee benefits expense | 1,108.51 | 1,089.99 | 977.17 | 4,279.29 | 3,863.95 |
| c) Finance costs | 311.14 | 314.96 | 297.54 | 1,228.05 | 1,116.26 |
| d) Depreciation and amortisation expense | 1,009.87 | 1,019.64 | 849.67 | 3,921.48 | 3,639.16 |
| e) Other expenses | 3,094.68 | 3,156.42 | 2,808.38 | 12,286.42 | 11,118.67 |
| Total expenses [2(a) to 2(e)] | 7,998.66 | 8,130.80 | 7,198.37 | 31,666.62 | 28,806.48 |
| 3 (Loss)/ Profit before exceptional items and tax [1 – 2] | (26.89) | 78.10 | 44.80 | (133.01) | 384.31 |
| 4 Exceptional items (refer note 5) | 127.96 | 111.63 | 38.75 | 239.59 | 152.95 |
| 5 (Loss)/ profit before tax [3 – 4] | (154.85) | (33.53) | 6.05 | (372.60) | 231.36 |
| 6 Tax (credit)/ expense | |||||
| a) Current tax | 19.81 | 31.81 | 18.52 | 96.57 | 91.12 |
| b) Deferred tax | (48.00) | (22.65) | (19.51) | (154.57) | 5.92 |
| c) Tax in relation to earlier years | (0.45) | 5.39 | (13.20) | 4.94 | (32.72) |
| Total Tax (credit)/ expense [6(a) + 6(b) + 6(c)] | (28.64) | 14.55 | (14.19) |