Sapphire Foods India Ltd will host an earnings conference call on July 24, 2026, to review its financial performance for the first quarter of FY27. The meeting is scheduled for 4:30 PM IST and will provide a platform for analysts and investors to engage with the company's leadership regarding the quarterly results.

The discussion will be led by key management personnel, including Mr. Sanjay Purohit, Whole Time Director & Group CEO, and Mr. Vijay Jain, Executive Director & CFO. Mr. Kaushik Vankadkar, Head of Investor Relations, will also participate in the proceedings.

Participants are required to pre-register for the event to receive access details. The company has provided specific dial-in numbers for attendees joining from India, as well as toll-free lines for international participants in regions including Hong Kong, Singapore, the USA, and the UK.

Earnings Call Details

Access Information

The intimation was submitted to the exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The invitation and relevant details will be available on the company's official investor relations website.

Sapphire Foods India Limited will hold its 17th Annual General Meeting (AGM) on Tuesday, July 21, 2026, at 5:00 PM IST via Video Conferencing (VC) or Other Audio Visual Means (OAVM). The meeting will transact ordinary and special business, including the adoption of audited financial statements for FY 2025-26, director re-appointments, and governance approvals. The AGM notice and Annual Report for FY 2025-26 were dispatched electronically on June 27, 2026, and are available on the company's website and stock exchange platforms. The company has also published the notice in newspapers, including the Financial Express and Jansatta, on June 28, 2026, pursuant to Regulation 30 of the SEBI Listing Regulations.

Meeting Details

The following table summarises the key logistical details of the 17th AGM:

Ordinary Business

Shareholders will consider the adoption of the Audited Standalone and Consolidated Financial Statements for FY 2025-26. Under ordinary business, the meeting will also seek re-appointment of Mr. Vijay Jain (Executive Director & CFO) and Mr. Kabir Thakur (Non-Executive Nominee Director), both of whom retire by rotation and are eligible for re-appointment.

Special Business and Director Appointments

The AGM agenda includes several significant special resolutions. The meeting will seek approval for the re-appointment of Mr. Sanjay Purohit as Whole-time Director & Group CEO for a term of five years from July 23, 2026, to July 22, 2031. Mr. Purohit's proposed remuneration includes a basic salary of ₹98,02,128 per annum and perquisites and allowances of ₹2,77,58,652 per annum.

The meeting will also consider the re-appointment of Mr. Sunil Chandiramani and Ms. Deepa Wadhwa as Independent Directors for a second term of five years ending August 4, 2031, with remuneration not exceeding ₹40,00,000 per annum each. Ms. Anu Aggarwal is also proposed for re-appointment as an Independent Director for a second term ending August 4, 2031, with no remuneration drawn. The continuation of Mr. Sumeet Narang as Non-Executive Nominee Director for five years from July 22, 2026, and the appointment of Mr. Vikram Agarwal as Non-Executive Nominee Director (appointed as Additional Director on June 19, 2026) will also be placed before shareholders.

Key Director Profiles

The following table provides a summary of the directors proposed for appointment or re-appointment:

FY 2025-26 Financial Highlights

The AGM will also review the company's financial performance for FY 2025-26. On a consolidated basis, total income increased by 8.03% to ₹31,533.61 million from ₹29,190.79 million in the previous year. Revenue from operations rose 8.45% to ₹31,253.17 million, while restaurant sales grew 8.37% to ₹31,159.02 million. The Group reported a loss after tax of ₹319.54 million for FY 2025-26, compared to a profit after tax of ₹167.04 million in FY 2024-25. On a standalone basis, total income stood at ₹26,511.99 million and net loss was ₹484.60 million.

Brand Performance Snapshot

KFC delivered revenue growth of 11% in FY26 with 575 restaurants in India, while Pizza Hut reported a revenue decline of 7.1% to ₹5,065 million with 341 restaurants. The Sri Lanka business reported revenue of ₹5,008 million, reflecting 18.4% growth, with 136 restaurants. Across the network, Sapphire Foods operated 1,052 restaurants of KFC, Pizza Hut, and Taco Bell as of March 31, 2026.

Proposed Merger with Devyani International

A key strategic development noted in the AGM materials is the Board-approved scheme of arrangement between Sapphire Foods India Limited (Transferor Company) and Devyani International Limited (Transferee Company), approved on January 1, 2026, subject to regulatory approvals. With effect from the Appointed Date of April 1, 2026, Sapphire Foods shall stand amalgamated with and absorbed into Devyani International. Under the scheme, shareholders of Sapphire Foods will receive 177 equity shares of Devyani International of ₹1 each, fully paid up, for every 100 equity shares of ₹2 each held. The merger aims to create the largest restaurant operator in India, with greater alignment and enhanced speed of decision-making.