Sapphire Foods India Limited — Investor Meet, 13-01-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Devyani International and Sapphire Foods' merger aims to create a dominant F&B platform with over 3,000 stores and ~INR 8,000 Cr annualised turnover, targeting $1 billion+ revenue. Management expects INR 210-225 Cr net synergies within two years, with ~60% realized in the first year post-merger. A key focus is revitalizing Pizza Hut for low double-digit contribution margins through store restructuring, SSSG drive, and 10-year incentives from Yum!. A common tech platform is being built for all brands, including KFC, to enhance speed and innovation. The combined entity seeks calibrated KFC expansion driven by market demand. Management expresses confidence in the merger's ability to drive sustained growth.