Sapphire Foods Q4 Review - Strong Growth Momentum Despite Challenges: Dolat Capital

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Dolat Capital Report.Sapphire Foods India Ltd. delivered healthy revenue growth of 45.9% with ~43% growth in India KFC, 33% increase in Pizza Hut business and 82% jump in Sri Lanka operations. KFC Brand crossed Rs 10 billion mark during the year.Despite Covid-19-led disruptions in Q4, all brands reported encouraging performance. Healthy growth in Sri Lanka business was a positive surprise considering micro economic challenges in the country. Sapphire Foods opened 29 new stores during Q4 (13 KFC and 19 Pizza Hut) and 142 stores during FY22 (60 KFC, 79 Pizza Hut and three Taco Bell), taking the total store count to 579. We believe that the company would continue to add 130-160 stores every year going ahead with a cluster based approach and penetration strategy..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Sapphire Foods Q4 Review - Strong Growth Momentum Despite Challenges: Dolat Capital

Sapphire Foods Q4 Review - Strong Growth Momentum Despite Challenges: Dolat Capital

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