Sapphire Foods India (NSE:SAPPHIRE) Interest Coverage: 0.75 (As of Mar. 2026) — 37% Below Median


NSE:SAPPHIRE Sapphire Foods India Ltd NSE:SAPPHIRE
68 GF Score
Price ₹184.16
GF Value ₹369.10
Valuation Possible Value Trap
! 4 Warning Signs
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What is Sapphire Foods India Interest Coverage?

Sapphire Foods India NSE:SAPPHIRE +1.89% 68 Interest Coverage is 0.75 as of Mar. 2026, which is 37% below its 10-year median of 1.19. GuruFocus rates NSE:SAPPHIRE with a GF Score™ of 68/100 and a GF Value™ of ₹369.10 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 261 Restaurants companies, Sapphire Foods India ranks worse than 94.64% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Sapphire Foods India's Operating Income for the three months ended in Mar. 2026 was ₹235 Mil. Sapphire Foods India's Interest Expense for the three months ended in Mar. 2026 was ₹-311 Mil. Sapphire Foods India's interest coverage for the quarter that ended in Mar. 2026 was 0.75. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Sapphire Foods India's Interest Coverage or its related term are showing as below:

NSE:SAPPHIRE' s Interest Coverage Range Over the Past 10 Years
Min: 0.66   Med: 1.19   Max: 1.92
Current: 0.66


NSE:SAPPHIRE's Interest Coverage is ranked worse than
94.64% of 261 companies
in the Restaurants industry
Industry Median: 6.46 vs NSE:SAPPHIRE: 0.66

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Sapphire Foods India  (NSE:SAPPHIRE) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Sapphire Foods India Interest Coverage Related Terms


Sapphire Foods India Interest Coverage Historical Data

* Premium members only.

The historical data trend for Sapphire Foods India's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Sapphire Foods India Interest Coverage Chart

Sapphire Foods India Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 1.19 1.92 1.38 1.05 0.68

Sapphire Foods India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.71 0.71 0.16 1.02 0.75

NSE:SAPPHIRE vs MCD, SBUX, YUM: Interest Coverage Comparison

For the Restaurants subindustry, Sapphire Foods India's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sapphire Foods India Interest Coverage vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Sapphire Foods India's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sapphire Foods India's Interest Coverage falls into.


NSE:SAPPHIRE
68GF Score
Sapphire Foods India Ltd NSE:SAPPHIRE
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sapphire Foods India Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Sapphire Foods India's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Sapphire Foods India's Interest Expense was ₹-1,225 Mil. Its Operating Income was ₹829 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹12,874 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*828.53/-1225.28
=0.68

Sapphire Foods India's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Sapphire Foods India's Interest Expense was ₹-311 Mil. Its Operating Income was ₹235 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹12,874 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*234.71/-311.14
=0.75

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0.75 mean?
Sapphire Foods India (NSE:SAPPHIRE) has a Interest Coverage of 0.75 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sapphire Foods India and its competitors. This is 37% below median its historical median of 1.19. Over the past decade, Sapphire Foods India's Interest Coverage has ranged from 0.66 to 1.92. According to the industry distribution chart, Sapphire Foods India ranks #247 out of 261 companies in the Restaurants industry, placing it in the top 94.6%.
Is Sapphire Foods India's Interest Coverage too high?
Sapphire Foods India's current Interest Coverage of 0.75 is 37% below median its 10-year median of 1.19. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 1.92. The Restaurants industry median Interest Coverage is 6.46. Sapphire Foods India's value of 0.75 is 88.4% below this industry median. Based on the distribution chart, Sapphire Foods India ranks #247 out of 261 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Sapphire Foods India has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sapphire Foods India's Interest Coverage compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Sapphire Foods India ranks #247 out of 261 companies for Interest Coverage. This places Sapphire Foods India in the lower half of its industry. The industry median Interest Coverage is 6.46. Sapphire Foods India's value of 0.75 is 88.4% below this benchmark. Historically, Sapphire Foods India's own Interest Coverage has ranged from 0.66 to 1.92 over the past decade. While the company's 10-year median is 1.19 vs. the industry median of 6.46, Sapphire Foods India has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Restaurants company?
The median Interest Coverage among Restaurants companies is 6.46, based on 261 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sapphire Foods India's current Interest Coverage of 0.75 is 88.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sapphire Foods India and its competitors. For the Restaurants industry, the median Interest Coverage is 6.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sapphire Foods India's current Interest Coverage is 0.75, which is 37% below median its own 10-year median of 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sapphire Foods India stock overvalued right now?
Based on GuruFocus' analysis, Sapphire Foods India (NSE:SAPPHIRE) is currently considered Possible Value Trap. The stock's GF Value™ is ₹369.10, compared to a current price of ₹184.16 — trading 50.1% below its estimated fair value. The current Interest Coverage is 0.75, which is 37% below median its 10-year median of 1.19 and 88.4% below the Restaurants industry median of 6.46. Sapphire Foods India's overall GF Score™ is 68/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Sapphire Foods India (NSE:SAPPHIRE), the current Interest Coverage is 0.75 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sapphire Foods India (NSE:SAPPHIRE) Overvalued in 2026?

Based on GuruFocus' analysis, Sapphire Foods India stock appears to be undervalued. The current stock price of ₹184.16 is trading 50.1% below its estimated GF Value™ of ₹369.10. GuruFocus considers Sapphire Foods India to be Possible Value Trap.

Key valuation signals for NSE:SAPPHIRE:

  • Interest Coverage: 0.75 (37% below median its 10-year median of 1.19)
  • GF Value™: ₹369.10 vs. price of ₹184.16 (50.1% below fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 88.4% below the Restaurants median (#247 of 261)

No single metric tells the full story. See the NSE:SAPPHIRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sapphire Foods India Business Description

Other Exchanges 543397:India
Address Mindspace, Link Road, 702, Prism Tower, A Wing, Goregaon (West), Mumbai, MH, IND, 400 062
Sapphire Foods India Ltd is a franchisee of Yum! Brands in the Indian subcontinent, with a track record of operating more than four hundred KFC, Pizza Hut, and Taco Bell restaurants across India, Sri Lanka, and the Maldives. Its business activity majorly falls within a single business and geographical segment, which is Food and Beverages. The company generates the majority of its revenue from Restaurant sales. The company also generates a small portion of its revenue from sales to Airport dealers/ franchisees, Scrap sales & others, and Alliance Income.
68GF Score

Get the complete analysis for NSE:SAPPHIRE

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹184.16
Price
₹369.10
GF Value