Sapphire Foods India (NSE:SAPPHIRE) Operating Income: ₹1,030 Mil (TTM As of Jun. 2026)

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NSE:SAPPHIRE Sapphire Foods India Ltd NSE:SAPPHIRE
73 GF Score
Price ₹202.52
GF Value ₹370.55
Valuation Possible Value Trap
! 4 Warning Signs
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What is Sapphire Foods India Operating Income?

Sapphire Foods India NSE:SAPPHIRE +5.31% 73 Operating Income is ₹1,030 Mil as of Jun. 2026. GuruFocus rates NSE:SAPPHIRE with a GF Score™ of 73/100 and a GF Value™ of ₹370.55 (Possible Value Trap). The stock has 4 warning signs investors should review.

Sapphire Foods India's Operating Income for the three months ended in Jun. 2026 was ₹424 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was ₹1,030 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Sapphire Foods India's Operating Income for the three months ended in Jun. 2026 was ₹424 Mil. Sapphire Foods India's Revenue for the three months ended in Jun. 2026 was ₹8,910 Mil. Therefore, Sapphire Foods India's Operating Margin % for the quarter that ended in Jun. 2026 was 4.76%.

Sapphire Foods India's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sapphire Foods India's annualized ROC % for the quarter that ended in Jun. 2026 was 4.80%. Sapphire Foods India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 8.15%.


Sapphire Foods India  (NSE:SAPPHIRE) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Sapphire Foods India's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=1697.08 * ( 1 - 13.27% )/( (30687.93 + 0)/ 1 )
=1471.877484/30687.93
=4.80 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=32558.92 - 3863.41 - ( 1412.22 - max(0, 5376.38 - 3383.96+1412.22))
=30687.93

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Sapphire Foods India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1923.92/( ( (23603.65 + max(-2233.08, 0)) + (0 + max(0, 0)) )/ 1 )
=1923.92/( ( 23603.65 + 0 )/ 1 )
=1923.92/23603.65
=8.15 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(349.92 + 1123 + 372.59) - (3863.41 + 0 + 215.18)
=-2233.08

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Sapphire Foods India's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=424.27/8909.6
=4.76 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Sapphire Foods India Operating Income Related Terms


Sapphire Foods India Operating Income Historical Data

* Premium members only.

The historical data trend for Sapphire Foods India's Operating Income 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.

Sapphire Foods India Operating Income Chart

Sapphire Foods India Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial 926.85 1,657.38 1,382.06 1,162.27 828.53

Sapphire Foods India Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Operating Income 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 209.01 48.43 322.45 234.71 424.27
NSE:SAPPHIRE
73GF Score
Sapphire Foods India Ltd NSE:SAPPHIRE
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Sapphire Foods India Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,030 Mil.

* 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.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of ₹1,030 Mil mean?
Sapphire Foods India (NSE:SAPPHIRE) has a Operating Income of ₹1,030 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Sapphire Foods India and its competitors.
Is Sapphire Foods India's Operating Income too high?
Sapphire Foods India's current Operating Income is ₹1,030 Mil. Overall, Sapphire Foods India has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sapphire Foods India's Operating Income compare to MCD and SBUX?
Sapphire Foods India's Operating Income of ₹1,030 Mil can be compared against companies in the Restaurants industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Restaurants company?
A good Operating Income depends on the Restaurants industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Sapphire Foods India and its competitors. Sapphire Foods India's current Operating Income is ₹1,030 Mil. 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 ₹370.55, compared to a current price of ₹202.52 — trading 45.3% below its estimated fair value. The current Operating Income is ₹1,030 Mil. Sapphire Foods India's overall GF Score™ is 73/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Sapphire Foods India (NSE:SAPPHIRE), the current Operating Income is ₹1,030 Mil as of Jun. 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 ₹202.52 is trading 45.3% below its estimated GF Value™ of ₹370.55. GuruFocus considers Sapphire Foods India to be Possible Value Trap.

Key valuation signals for NSE:SAPPHIRE:

  • Operating Income: ₹1,030 Mil
  • GF Value™: ₹370.55 vs. price of ₹202.52 (45.3% below fair value)
  • GF Score™: 73/100 with 4 warning signs

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.
73GF Score

Get the complete analysis for NSE:SAPPHIRE

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

₹202.52
Price
₹370.55
GF Value