Sapphire Foods India Promotes Punit Jhunjhunwala to Sr. Vice President and Deputy CFO

Sapphire Foods India Limited has announced the promotion of Mr. Punit Jhunjhunwala to the role of Sr. Vice President and Deputy CFO, a Senior Management Personnel position, effective from the close of business hours on May 4, 2026. The development was disclosed pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Jhunjhunwala will continue to report to Mr. Vijay Jain, Executive Director & CFO of the company.

Promotion Details

The following table outlines the key details of Mr. Jhunjhunwala's elevation as disclosed under the relevant SEBI circular:

Parameter:	Details
Name:	Mr. Punit Jhunjhunwala
Previous Role:	Vice President and Head – Finance & Accounts
New Role:	Sr. Vice President and Deputy CFO (Senior Management Personnel)
Effective Date:	Close of business hours, May 4, 2026
Reporting To:	Mr. Vijay Jain, Executive Director & CFO

Professional Background

Mr. Punit Jhunjhunwala has been associated with the organisation for over eight years, during which he has demonstrated consistent growth, strong commitment, and exemplary performance. Over the course of his tenure, he has played a pivotal role in strengthening and transforming the Finance function, raising the bar across key areas including Accounts, Banking & Treasury, Taxation, and FP&A.

A seasoned finance professional with over 17 years of experience, Mr. Jhunjhunwala brings deep domain expertise and leadership capability to his elevated role. Prior to joining the organisation, he worked with leading listed conglomerates such as Zee Entertainment Enterprises Limited and Tata Steel Limited, where he gained extensive experience across core finance functions.

Academic and Professional Qualifications

Mr. Jhunjhunwala holds a strong academic and professional foundation, as outlined below:

Chartered Accountant from the Institute of Chartered Accountants of India (ICAI)
Company Secretary from the Institute of Company Secretaries of India (ICSI)
Bachelor of Commerce (Honours) from the University of Calcutta

The disclosure was signed by Mr. Sachin Dudam, Company Secretary and Compliance Officer of Sapphire Foods India Limited, in accordance with applicable SEBI regulations.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.42%	-9.37%	+19.43%	-32.62%	-40.29%	-22.42%

Sapphire Foods India Limited released its Q4FY26 corporate presentation on May 4, 2026, reporting restaurant sales of ₹7,898 million for the quarter, representing an 11% year-on-year increase. The company's total restaurant count reached 1,052 outlets across India, Sri Lanka, and Maldives as of March 31, 2026, comprising 575 KFC restaurants, 466 Pizza Hut restaurants, and 11 Taco Bell restaurants.

Financial Performance Overview

For Q4FY26, the company achieved an EBITDA of ₹1,249 million with a margin of 15.8%, while adjusted EBITDA stood at ₹610 million with a 7.7% margin. Full-year FY26 restaurant sales reached ₹31,159 million, an 8% increase from the previous year, with EBITDA of ₹4,804 million and a 15.4% margin. The omni-channel mix for FY26 comprised delivery at 44%, dine-in at 33%, and take-away at 23%.

Metric	Q4 FY26	FY26
Restaurant Sales (₹ Mn)	7,898	31,159
EBITDA (₹ Mn)	1,249	4,804
EBITDA Margin (%)	15.8%	15.4%
Adj. EBITDA (₹ Mn)	610	2,382
Adj. EBITDA Margin (%)	7.7%	7.6%

Segmental Performance

KFC India demonstrated strong operational momentum with 575 restaurants generating restaurant-related revenue of ₹21,136 million, an 11% year-on-year increase. The segment achieved a restaurant EBITDA margin of 16.3% with net restaurant additions of 73 in FY26. Average daily sales per restaurant stood at ₹110,000.

Pizza Hut India faced challenges with 341 restaurants recording revenue of ₹5,065 million, a 7% year-on-year decline. The restaurant EBITDA margin was -3.3%, with net additions of only 7 restaurants in FY26. Average daily sales per restaurant decreased to ₹41,000.

Sri Lanka operations delivered robust performance with 136 restaurants achieving revenue of ₹5,008 million, representing 18% growth in INR terms and 16% in LKR. The segment maintained a healthy restaurant EBITDA margin of 14.9% with net additions of 9 restaurants.

Operational Expansion and Strategic Initiatives

The company added 89 restaurants net in FY26, including 24 in Q4FY26. Key initiatives include zero-based cost budgeting for permanent cost reduction, the PACE SETTER program for cost benchmarking, and optimization of restaurant sizes. Delivery revenue increased significantly from 21% in FY19 to 44% in Q4FY26. The company continues its expansion strategy targeting 60-80 stores per year, with a focus on smaller omni-channel restaurants.

Source: None/Company/INE806T01020/7dc18698f76644ae.pdf