SAPPHIRENSE28 April 2026

Sapphire Foods India Limited has informed the Exchange about Investor Presentation

Sapphire Foods India Limited

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Date

April 2026

National Stock Exchange of India Limited To,

BSE Limited

Exchange Plaza, Block G, C/1, Bandra Kurla Complex, Bandra (E), Mumbai – 400051

Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001

Symbol: SAPPHIRE

Scrip Code: 543397

Dear Sir/Madam, Subject: Press (Investor) Release and Earnings Presentation

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Press (Investor) Release and Earnings Presentation for the quarter and year ended 31

March 2026.

The said documents are also being made available on https://www.sapphirefoods.in/investors-relation/financials.

the Company's website

Request you to kindly take the same on record.

Thanking you, For Sapphire Foods India Limited

Sachin Dudam Company Secretary and Compliance Officer

Encl.:

As above

Sapphire Foods India Limited CIN: L55204MH2009PLC197005

+91 022 67522300 info@sapphirefoods.in www.sapphirefoods.in 702, Prism Tower, A-Wing, Mindspace, Link

Road, Goregaon (W), Mumbai- 400062

Investor Release

Q4 FY26 is our best quarter in the last 12 quarters in terms of

SSSG and Adj. EBITDA growth on the back of strong new

consumer recruitment by KFC.

Q4 FY26

➢ Q4 FY26 is our best quarter in the last 12 quarters in terms of SSSG and Adj. EBITDA growth on the back of strong new consumer recruitment by KFC. This is despite the LPG related availability & inflationary challenges. This uplift in performance is encouraging as we move into the new fiscal.

➢ Sapphire Foods delivered revenue of ₹ 7898 Mn with 11% growth YoY. Revenue for KFC grew by

15% (highest in the last 8 quarters) and Pizza Hut India revenue declined by 6%. Sri Lanka grew revenue by 15% in LKR.

➢ In Q4FY26 we added 19 KFC restaurants, 2 Pizza Hut in India and 3 Pizza Hut in Sri Lanka. Sapphire

Foods total restaurant count was 1,052 as on 31st Mar 2026.

➢ Consol Rest. EBITDA grew by 21% YoY, and margin was at 13.0% (100 bps)

➢ Consol Adj. EBITDA was ₹ 610 Mn, grew 20% YoY and Consol Adj. EBITDA Margin of 7.7%. Consol

EBITDA (₹ 1,249 Mn, 15.8%) grew 10% YoY ( 20 bps)

➢ Consol Adj. PBT before exception (₹ 83 Mn, 1.1%) | Consol PBT before exceptional (₹ -27 Mn, -0.3%) | Consol PBT ₹ -155 Mn, -2.0%. Exceptional items includes impact of ₹62 Mn on account of labour code changes and ₹66 Mn towards merger related cost (ESOP modification for employee retention).

Note: Adj. EBITDA & Restaurant EBITDA is before Ind-AS 116 adjustments

➢ Sapphire KFC SSSG at 4% (6% Ex Chaitra Navratri) was the highest in last 14 quarters. KFC delivered Rest. EBITDA margin of 16.8% ( 110 bps YoY) due to Gross Margin improvement and operating leverage. We have deployed a 2 pronged consumer recruitment strategy to drive DineIn & Takeaway transactions. In evolving chicken consuming markets (North & West), the marketing mix involves recruitment advertising with a strong value call for action (₹99 Chicken Krisper Burger Meal). In more developed chicken consuming markets (South), we have offered disruptive abundant value on select days. Both these initiatives have been supported by incremental marketing spends & gross margin investment and have contributed to the positive SSSG.

➢ Sapphire Pizza Hut SSSG declined by 7%. Rest. EBITDA was negative at 6.0% ( 140 bps

YoY)

➢ In Q4 FY26 our Sri Lanka business delivered 6th consecutive quarter of double digit SSSG (11% LKR) despite availability and inflationary issues on fuel & LPG. Rest. EBITDA came at 14.6% (20 bps YoY) with growth of 15% YoY LKR terms.

FY26

➢ Sapphire Foods delivered 8% revenue growth. Adj. EBITDA declined by 9% at 7.6% ( 150 bps). KFC grew by 11% (revenue of ₹ 21,136 Mn) with Restaurant EBITDA of 16.3% down (100 bps) and opened 73 restaurants during the year (575 total restaurants). Pizza Hut revenue declined by 7% (revenue of ₹ 5,065) with Restaurant EBITDA of -3.3%  570 bps and opened 7 restaurants during the year (341 total restaurants). Sri Lanka business grew by 16% (revenue of LKR 17,340) with Restaurant EBITDA of 14.9%  50 bps) and opened 9 restaurants during the year (136 total restaurants).

➢ The KFC performance driven by the 2-pronged consumer recruitment strategy and the merger announcement with Devyani International which will enable a unified brand strategy especially on Pizza Hut future-proofs the growth of the business in the coming years.

About Sapphire Foods:

Sapphire Foods started operations in September 2015, by the acquisition of about 270 KFC and Pizza Hut Stores in India and Sri Lanka, by a group of leading Private Equity firms and is managed by a team of professionals.

Sapphire Foods is a leading YUM franchisee operator in the Indian subcontinent with presence in India and Sri Lanka. We are the largest international QSR chain in Sri Lanka in terms of revenue and number of restaurants operated as of March 31, 2021. (Source: Technopak Report). As of Mar 31, 2026, we own and operate 575 KFC and 341 Pizza Hut restaurants in India, 125 Pizza Hut and 11 Taco Bell restaurants in Sri Lanka.

We aspire to be India’s best restaurant operator by serving customers great food with great experience at great value. We operate our restaurants in high traffic and high visibility locations in key metropolitan areas and cities across India and develop new restaurants in new trade areas in existing and new cities as part of our brand and food category expansion.

Contact Details

Company

Investor Relations: Vogabe Advisors

Name: Mr. Kaushik Vankadkar

Name: Ms. Himani Singla, Vogabe Advisors

Email: kaushik.Vankadkar@sapphirefoods.in

Email: sapphirefoods@vogabe.com

CIN: L55204MH2009PLC197005

Tel : + 91 9569926021

www.sapphirefoods.in

Safe Harbor Statement

www.vogabe.com

Any forward-looking statements about expected future events, financial and operating results of the Company are based on certain assumptions which the Company does not guarantee the fulfilment of. These statements are subject to risks and uncertainties. Actual results might differ substantially or materially from those expressed or implied. Important developments that could affect the Company’s operations include a downtrend in the industry, global or domestic or both, significant changes in political and economic environment in India or key markets abroad, tax laws, litigation, labour relations, exchange rate fluctuations, technological changes, investment and business income, cash flow projections, interest, and other costs. The Company does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date thereof.

Q4 & FY26 Business Performance

Apr’2026

Safe Harbor

This presentation and the accompanying slides (the “Presentation”), which have been prepared by Sapphire Foods India Limited (the “Company”), have been prepared

solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be

relied on in connection with any contract or binding commitment what so ever. No offering of securities of the Company will be made except by means of a statutory offering

document containing detailed information about the Company.

This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or

warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this

Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or

any omission from, this Presentation is expressly excluded

Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and

collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks,

uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the

economies of various international markets, the performance of the industry in India and world-wide, competition, the company’s ability to successfully implement its strategy,

the Company’s future levels of growth and expansion, technological implementation, changes and advancements, changes in Restaurant Sales, income or cash flows, the

Company’s market preferences and its exposure to market risks, as well as other risks. The Company’s actual results, levels of activity, performance or achievements could

differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information

contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the

Company is not responsible for such third party statements and projections.

Financial Overview

Page 04-16

Table Of Contents

Brand Performance

KFC India

Pizza Hut India

Sri Lanka Business

Gallup Recognition

Page 18

Page 29

Page 38

Page 46

Financial Overview

Key Highlights Q4 FY26 | FY26

Q4 FY26

➢ Q4 FY26 is our best quarter in the last 12 quarters in terms of SSSG and Adj. EBITDA growth on the back of strong new consumer recruitment by KFC. This is despite the LPG related availability

& inflationary challenges. This uplift in performance is encouraging as we move into the new fiscal.

➢ Sapphire Foods delivered revenue of ₹ 7898 Mn with 11% growth YoY. Revenue for KFC grew by 15% (highest in the last 8 quarters) and Pizza Hut India revenue declined by 6%. Sri Lanka grew

revenue by 15% in LKR.

➢ In Q4FY26 we added 19 KFC restaurants, 2 Pizza Hut in India and 3 Pizza Hut in Sri Lanka. Sapphire Foods total restaurant count was 1,052 as on 31st Mar 2026.

➢ Consol Rest. EBITDA grew by 21% YoY, and margin was at 13.0% (100 bps)

➢ Consol Adj. EBITDA was ₹ 610 Mn, grew 20% YoY and Consol Adj. EBITDA Margin of 7.7%. Consol EBITDA (₹ 1,249 Mn, 15.8%) grew 10% YoY ( 20 bps)

➢ Consol Adj. PBT before exception (₹ 83 Mn, 1.1%) | Consol PBT before exceptional (₹ -27 Mn, -0.3%) | Consol PBT ₹ -155 Mn, -2.0%. Exceptional items includes impact of ₹62 Mn on account of

labour code changes and ₹66 Mn towards merger related cost (ESOP modification for employee retention).

➢ Sapphire Pizza Hut SSSG declined by 7%. Rest. EBITDA was negative at 6.0% ( 140 bps YoY)

➢ In Q4 FY26 our Sri Lanka business delivered 6th consecutive quarter of double digit SSSG (11% LKR) despite availability and inflationary issues on fuel & LPG. Rest. EBITDA came at 14.6% (20

bps YoY) with growth of 15% YoY LKR terms.

FY26

➢ The KFC performance driven by the 2-pronged consumer recruitment strategy and the merger announcement with Devyani International which will enable a unified brand strategy especially on

Pizza Hut future-proofs the growth of the business in the coming years.

5 5

Summary Consolidated Financials Q4 FY26

Particulars

Q4 FY26

Q4FY25

▲/▼ YoY

FY26

FY25

▲/▼ YoY

Restaurant Sales Mn

7,898

7,099

▲11%

31,159

28,754

▲8%

Adj. EBITDA ₹ Mn#

610

508

▲20%

2,382

2,616

▼9%

7.7%

7.2%

▲50 bps

7.6%

9.1%

▼150 bps

EBITDA Mn

1,249

1,133

▲10%

4,804

4,925

▼2%

15.8%

16.0%

▼20 bps

15.4%

17.1%

▼170 bps

Adj. PBT Mn# before exceptional items*

▲32%

361

699

▼48%

1.1%

0.9%

▲20 bps

1.2%

2.4%

▼120 bps

PBT Mn before exceptional items*

Restaurant Additions(Net)

-27

▼160%

-133

384

▼135%

-0.3%

0.6%

▼90 bps

-0.4%

1.3%

▼170 bps

#Adj. EBITDA and Adj. PBT is before Ind-AS 116 adjustments *Adj. PBT & PBT of Q4 FY26, FY26, Q4 FY25 and FY25 are before the exceptional items of ₹128 Mn, ₹ 240 Mn, ₹39 Mn and ₹153 Mn respectively

Journey Of Sapphire Foods Built A Platform Of 1,052 Outlets (1)

RESTAURANT COUNT

KFC India

Pizza Hut India

Sri Lanka + Maldives

429

319

124

Mar'24

872

502

334

127

Mar'25

963

575

341

136

Mar'26

1,052

RESTAURANT ADDITION

Q4 FY25

Q1 FY26

Q2 FY26

Q3 FY26

Q4 FY26

KFC India

Pizza Hut India

Sri Lanka + Maldives

6 -1 -5 0

2 1

2 2

1 3

2 3

SAPPHIRE FOODS: GEOGRAPHICAL PRESENCE (1)

KFC : 14 PH : 4

KFC : 28 PH : 35

KFC : 19 PH : 16

KFC : 11 PH : 4

KFC : 125 PH : 89

KFC: 165 PH: 60

Maldives KFC : 0 PH : 0

Sri Lanka PH : 125 TB : 11

KFC & Pizza Hut

KFC Only

Pizza Hut only

Lanka – Pizza Hut, Taco Bell

(1) As on 31st Mar 26 Sri Lanka + Maldives included 4 restaurants in the previous years. As on 31st Mar 26 all the 4 restaurants are closed.

Financial Highlights Q4 FY26

# Restaurant EBITDA is before Ind-AS 116 adjustments

Financial Highlights Q4 FY26

# Adj. EBITDA is before Ind-AS 116 adjustments

Financial Highlights Q4 FY26

#Adj. EBITDA and Adj. PBT is before Ind-AS 116 adjustments Note: Adj. PBT & PBT of Q4 FY26, FY26, Q4 FY25 and FY25 are before the exceptional items of ₹128 Mn, ₹ 240 Mn, ₹39 Mn and ₹153 Mn respectively

Financial Highlights Q4 FY26

# Adj. PAT is before Ind-AS 116 adjustments

Financial Highlights: Restaurant Sales & Adj. EBITDA trend

Note Adj. EBITDA is before Ind-AS 116 adjustments

Financial Highlights: Consolidated Profit & Loss Statement

Q4 FY26

Q4 FY25

7,898.21

7,098.62

YoY %

11%

FY26

FY25

31,159.02

28,753.63

94.15

65.01

9,951.38

9,068.44

YoY%

Particulars (In ₹ mn)

Restaurant Sales

Other operating income

COGS

Gross Profit

Gross Margin%

Employee Expenses

Other Expenses

EBITDA

EBITDA Margin %

Depreciation

Finance Cost

Other Income

PBT before exceptional items

PBT Margin %

Exceptional items

PBT after exceptional items

Tax Expenses/(credit)

PAT

PAT Margin%

24.02

2,474.46

5,447.77

69.0%

1,108.51

3,090.55

1,248.71

15.8%

1,009.87

311.14

45.41

-26.89

-0.3%

127.96

-154.85

-28.64

-126.21

-1.6%

14.79

2,265,61

4,847.80

68.3%

977.17

2,737.87

1,132.76

16.0%

849.67

297.54

59.25

44.80

0.6%

38.75

6.05

-14.19

20.24

0.3%

12%

21,301.79

19,750.20

68.4%

68.7%

4,279.29

3,863.95

12,218.52

10,961.18

10%

-160%

-2%

-135%

4,803.98

15.4%

3,921.48

1,228.05

212.54

-133.01

-0.4%

239.59

-372.60

-53.06

-319.54

-1.0%

4,925.07

17.1%

3639.16

1,116.26

214.66

384.31

1.3%

152.95

231.36

64.32

167.04

0.6%

Financial Highlights: Consolidated Balance Sheet

Particulars (In ₹ mn)

Total Assets

Fixed assets other than goodwill Goodwill Right of use assets

Inventories

Trade receivables

Cash, bank balances, Investment in MF’s & FD

Other current and non-current asset

Total Liabilities

Lease Liabilities

Borrowings

Trade Payables

Other Non-current and Current Liabilities

Total Net Worth

Total Equity

Equity Share Capital

Other Equity

Non controlling interests

As on 31.3.26 As on 31.3.25

32,558.92

12,745.10

1,582.84

30,409.88

11,431.85

1,582.84

11,966.69

10,935.30

1,123.00

349.92

1,990.12

2,801.25

18,673.38

14,115.23

56.07

2,836.34

1,665.74

956.14

365.62

2,648.27

2,489.86

16,448.12

12,723.05

198.61

2,425.21

1,101.25

13,885.54

13,961.76

13,885.54

13,961.76

642.77

642.38

13,263.29

13,338.27

(20.52)

-18.89

Brand Wise Performance

KFC India Business Performance

KFC Brand Priorities

2-pronged approach to drive customer recruitment Consumer recruitment advertising with strong value - ₹99/- Krisper Chicken Burger Meal in evolving chicken market of N/W

- Disruptive abundant value in more developed markets of South

Craveable taste innovations to drive customer frequency - Launch of global “Saucy” concept in Dunked in Jan’26 - Launch of “KFC Shawowrma” innovation

Value

- ₹99/- Krisper Chicken Burger Meal in N/W

- Hot & Crispy BOGO on select days in South

Frictionless Customer Experience

Digital Kiosks rolled across 73% estate

Own Delivery continues to deliver healthy growth

Improve Accessibility Continue current pace of expansion (60-80 stores per year)

Operational Excellence

> 4.0 ratings across Swiggy, Zomato & Google

KFC Brand Priorities | Drive Penetration & Frequency | Value

Click here to see the Ad

https://youtu.be/wNxhW4VFomU?si=Yjnl38VDuj8-W9BS

KFC Brand Priorities | Drive Penetration & Frequency | Value

Disruptive Value (Abundance) | Region specific offer of Buy One Get One Free on Buckets (Core) on select days

KFC Brand Priorities | Craveable Taste & Value

KFC Brand Priorities | Digitization

Total App downloads 66.61 Mn+

Monthly Active Users 2.27 Mn

Digital KIOSKs implemented at > 73% of restaurants

KFC Brand Priorities | New Restaurants

EPICAH MALL, DELHI

SANGRUR DHURI, PUNJAB

SATHYAMANAGALAM, TN

SUNTECH NAIGAON, MUMBAI

KFC India Q4FY26

6% Ex Chaitra Navratri

KFC India Q4FY26

# Restaurant EBITDA is before Ind-AS 116 adjustments

KFC India Q4FY26

# Restaurant EBITDA is before Ind-AS 116 adjustments

Pizza Hut India | Business Performance

Pizza Hut Brand Priorities

Taste Superiority through Pizza & sides innovation

Differentiated Dine-In Experience (like Casual Dine-In Restaurants)

Hot n Fresh Delivery Experience

Competitive Value for money

Actions: - New Crafted Flatzz launched in

Jan’26

- Baked chicken wing

Actions: - Dine-In speed of service metrics

continue to improve

Actions: - Google, Swiggy & Zomato average ratings across the network >= 4.0

Actions: Exclusive Dine In offers - 4 course meal at ₹99/- - Unlimited Pizza Friday - Buy 1 Get 3

Cautious store expansion (~1000/1200 sqft. stores)

Mass media advertising to drive consumer awareness & consideration

Actions: - No expansion in CY25

Actions: - Tamil Nadu delivered double digit delta performance w.r.t.

SSSG% & Rest. EBITDA% for the year with a strong dine in performance

Pizza Hut Brand Priorities | New Products

Pizza Hut Brand Priorities | Digitization

Total App Downloads – 29 Mn+ Monthly Active Users – 0.8 Mn+

Pizza Hut India Q4FY26

# Restaurant EBITDA is before Ind-AS 116 adjustments

Pizza Hut India Q4FY26

# Restaurant EBITDA is before Ind-AS 116 adjustments

Sri Lanka Business Performance

Sri Lanka Branding and Promotions

Sri Lanka New Restaurants

UNAWATUNA

WARIYAPOLA

KELANIYA

Sri Lanka Business Q4FY26

Note: LKR to INR conversion rate of 0.289 for Q4 FY26 and 0.282 for Q4 FY25

Sri Lanka Business Q4FY26

Note: LKR to INR conversion rate of 0.289 for Q4 FY26 and 0.282 for Q4 FY25

Sri Lanka Business Q4FY26

Absolute Rest. EBITDA increased by 14 % in LKR terms (increased by 15% in INR terms)

# Restaurant EBITDA is before Ind-AS 116 adjustments

Sri Lanka Business Q4FY26

#Average daily sales is for all restaurants including new additions during the period

Sapphire Recognized As Exceptional Workplace

• Sapphire Foods India Recognised as

Gallup Exceptional Workplace

• One of the only 4 Indian organisations to

be recognised

• The only Indian QSR organisation to be

recognised from the country

• 6th consecutive year of being a top-quartile workplace globally

Thank You

Sapphire Foods India Limited CIN: L55204MH2009PLC197005 702, Prism Tower, A-Wing, Mindspace, Link Road, Goregaon (West), Mumbai - 400062. India

kaushik.vankadkar@sapphirefoods.in www.sapphirefoods.in

Investor Relations Partner:

Vogabe Advisors Private Limited

Ms. Himani Singla

sapphirefoods@vogabe.com

+91 9569926021 | www.vogabe.com

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