{"id":201052,"date":"2026-08-13T11:32:42","date_gmt":"2026-08-13T06:02:42","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=201052"},"modified":"2026-08-13T11:32:44","modified_gmt":"2026-08-13T06:02:44","slug":"sapphire-foods-india-vs-devyani-international","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/sapphire-foods-india-vs-devyani-international\/","title":{"rendered":"Sapphire Foods India vs Devyani International: Share Price, PE and ROE Compared"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Sapphire Foods India LOSS-MAKING. Devyani International LOSS-MAKING. Both are listed QSR franchise operators.<\/em><\/p>\n<div style=\"background: #F0F9FF; border-left: 4px solid #2E7D32; border-radius: 6px; padding: 14px 18px; margin: 18px 0;\">\n<p style=\"margin: 0; color: #1f4e79; font-size: 14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin: 8px 0 0;\">Sapphire Foods India and Devyani International are both listed Quick Service Restaurant (QSR) operators running franchises like KFC, Pizza Hut and Costa. Sapphire runs KFC and Pizza Hut in South Asia; Devyani runs KFC, Pizza Hut and Costa in India. Both are currently loss-making, with their valuations reflecting long-term store expansion potential rather than current profitability.<\/p>\n<\/div>\n<p>The Sapphire Foods India vs Devyani International question comes up often among investors who follow the QSR franchise restaurants space in India. Sapphire Foods India LOSS-MAKING. Devyani International LOSS-MAKING. This article goes through what each company does, their latest financial performance, and the key numbers that matter for anyone evaluating Sapphire Foods India vs Devyani International as a research exercise.<\/p>\n<p>All data cited here is sourced from publicly available company filings. Note: Both companies are currently LOSS-MAKING. Verify the latest prices and fundamentals on NSE or BSE before acting on any information.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/sapphire-foods-india-vs-devyani-international\/#Sapphire_Foods_India_vs_Devyani_International_Company_Overview_and_Market_Presence\" title=\"Sapphire Foods India vs Devyani International: Company Overview and Market Presence\">Sapphire Foods India vs Devyani International: Company Overview and Market Presence<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/sapphire-foods-india-vs-devyani-international\/#Sapphire_Foods_India_vs_Devyani_International_Business_Mix_and_Revenue_Sources\" title=\"Sapphire Foods India vs Devyani International: Business Mix and Revenue Sources\">Sapphire Foods India vs Devyani International: Business Mix and Revenue Sources<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/sapphire-foods-india-vs-devyani-international\/#Sapphire_Foods_India_vs_Devyani_International_Financial_Results_and_Key_Ratios\" title=\"Sapphire Foods India vs Devyani International: Financial Results and Key Ratios\">Sapphire Foods India vs Devyani International: Financial Results and Key Ratios<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/sapphire-foods-india-vs-devyani-international\/#Sapphire_Foods_India_vs_Devyani_International_Valuation_and_What_the_Market_Is_Pricing_In\" title=\"Sapphire Foods India vs Devyani International: Valuation and What the Market Is Pricing In\">Sapphire Foods India vs Devyani International: Valuation and What the Market Is Pricing In<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/sapphire-foods-india-vs-devyani-international\/#Sapphire_Foods_India_vs_Devyani_International_Side-by-Side_Comparison\" title=\"Sapphire Foods India vs Devyani International: Side-by-Side Comparison\">Sapphire Foods India vs Devyani International: Side-by-Side Comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/sapphire-foods-india-vs-devyani-international\/#What_Should_Investors_Know_About_the_Sapphire_Foods_India_vs_Devyani_International_Choice\" title=\"What Should Investors Know About the Sapphire Foods India vs Devyani International Choice\">What Should Investors Know About the Sapphire Foods India vs Devyani International Choice<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/sapphire-foods-india-vs-devyani-international\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/sapphire-foods-india-vs-devyani-international\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/sapphire-foods-india-vs-devyani-international\/#What_does_Sapphire_Foods_India_do\" title=\"What does Sapphire Foods India do?\">What does Sapphire Foods India do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/sapphire-foods-india-vs-devyani-international\/#What_does_Devyani_International_do\" title=\"What does Devyani International do?\">What does Devyani International do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/sapphire-foods-india-vs-devyani-international\/#Which_is_larger_in_the_Sapphire_Foods_India_vs_Devyani_International_comparison\" title=\"Which is larger in the Sapphire Foods India vs Devyani International comparison?\">Which is larger in the Sapphire Foods India vs Devyani International comparison?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/sapphire-foods-india-vs-devyani-international\/#How_do_PE_ratios_compare_in_Sapphire_Foods_India_vs_Devyani_International\" title=\"How do PE ratios compare in Sapphire Foods India vs Devyani International?\">How do PE ratios compare in Sapphire Foods India vs Devyani International?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/sapphire-foods-india-vs-devyani-international\/#What_is_the_ROE_of_Sapphire_Foods_India\" title=\"What is the ROE of Sapphire Foods India?\">What is the ROE of Sapphire Foods India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/sapphire-foods-india-vs-devyani-international\/#Does_Devyani_International_pay_dividends\" title=\"Does Devyani International pay dividends?\">Does Devyani International pay dividends?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/sapphire-foods-india-vs-devyani-international\/#How_should_I_evaluate_QSR_franchise_restaurants_stocks\" title=\"How should I evaluate QSR franchise restaurants stocks?\">How should I evaluate QSR franchise restaurants stocks?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Sapphire_Foods_India_vs_Devyani_International_Company_Overview_and_Market_Presence\"><\/span><strong>Sapphire Foods India vs Devyani International: Company Overview and Market Presence<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Sapphire Foods India operates in the QSR franchise restaurants segment and is listed on Indian exchanges. Sapphire Foods India LOSS-MAKING The company has built its market position over the years through its core offerings to customers across India.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=sapphirefoods-vs-devyani\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<p>Devyani International is the other side of this Sapphire Foods India vs Devyani International comparison. Devyani International LOSS-MAKING It competes in the same QSR franchise restaurants space, though its scale and strategy may differ significantly from Sapphire Foods India&#8217;s approach.<\/p>\n<p>When investors look at the Sapphire Foods India vs Devyani International pair, market capitalisation is usually the first filter. Sapphire Foods India LOSS-MAKING. Devyani International LOSS-MAKING. The size difference, if any, tells you something about liquidity and institutional ownership patterns.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Sapphire_Foods_India_vs_Devyani_International_Business_Mix_and_Revenue_Sources\"><\/span><strong>Sapphire Foods India vs Devyani International: Business Mix and Revenue Sources<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>To understand the Sapphire Foods India vs Devyani International comparison fully, you need to look at how each company makes money. Sapphire Foods India&#8217;s revenue comes from its core QSR franchise restaurants operations. Sapphire Foods India earns from the QSR franchise restaurants segment.<\/p>\n<p>Devyani International similarly derives its earnings from the QSR franchise restaurants space. Devyani International operates in the QSR franchise restaurants space. The product or service mix of the two companies can be similar or quite different depending on which subsegments each one serves.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Sapphire_Foods_India_vs_Devyani_International_Financial_Results_and_Key_Ratios\"><\/span><strong>Sapphire Foods India vs Devyani International: Financial Results and Key Ratios<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This is where the Sapphire Foods India vs Devyani International comparison gets concrete. Return on equity, price-to-earnings ratio and market capitalisation are three metrics that help frame the relative position of each stock.<\/p>\n<p>Sapphire Foods India LOSS-MAKING The profitability and efficiency ratios here reflect the latest available data from public filings.<\/p>\n<p>Devyani International LOSS-MAKING Investors should note that Both companies are currently LOSS-MAKING.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Compare Sapphire Foods India and Devyani International on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Sapphire_Foods_India_vs_Devyani_International_Valuation_and_What_the_Market_Is_Pricing_In\"><\/span><strong>Sapphire Foods India vs Devyani International: Valuation and What the Market Is Pricing In<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Valuation is a core part of any Sapphire Foods India vs Devyani International analysis. A high PE ratio can signal growth expectations or thin earnings. A low PE may indicate value or a business under stress. Neither is automatically good or bad without context.<\/p>\n<p>Sapphire Foods India LOSS-MAKING. Devyani International LOSS-MAKING. Both are listed QSR franchise operators. The Sapphire Foods India vs Devyani International stock data above reflects figures sourced from publicly available data. Prices change daily, so treat this as a starting point for your own research rather than a definitive trading signal.<\/p>\n<p>Dividend yield is another data point worth checking in the Sapphire Foods India vs Devyani International pair. Some investors prioritise income alongside capital appreciation, and a consistent dividend track record can be a sign of earnings quality and management confidence in the cash flow.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Sapphire_Foods_India_vs_Devyani_International_Side-by-Side_Comparison\"><\/span><strong>Sapphire Foods India vs Devyani International: Side-by-Side Comparison<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below captures the most relevant metrics side by side for the Sapphire Foods India vs Devyani International comparison.<\/p>\n<table style=\"border-collapse: collapse; width: 100%;\">\n<tbody>\n<tr>\n<th style=\"border: 1px solid #ccc; padding: 8px;\">Parameter<\/th>\n<th style=\"border: 1px solid #ccc; padding: 8px;\"><a href=\"https:\/\/univest.in\/stocks\/sapphire\/sapphire-foods-india-ltd-share-price-today\">Sapphire Foods India<\/a><\/th>\n<th style=\"border: 1px solid #ccc; padding: 8px;\"><a href=\"https:\/\/univest.in\/stocks\/devyani\/devyani-international-ltd-share-price-today\">Devyani International<\/a><\/th>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">Type<\/td>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">QSR Franchise<\/td>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">QSR Franchise<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">Status<\/td>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">Loss-making<\/td>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">Loss-making<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">Key Brands<\/td>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">KFC, Pizza Hut<\/td>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">KFC, Pizza Hut, Costa<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"What_Should_Investors_Know_About_the_Sapphire_Foods_India_vs_Devyani_International_Choice\"><\/span><strong>What Should Investors Know About the Sapphire Foods India vs Devyani International Choice<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Every Sapphire Foods India vs Devyani International research exercise should go beyond just looking at the current share price. The sector outlook for QSR franchise restaurants companies, the trajectory of earnings growth, debt levels and management quality all feed into a complete picture.<\/p>\n<p>For the Sapphire Foods India vs Devyani International pair specifically: Sapphire Foods India LOSS-MAKING. Devyani International LOSS-MAKING. These numbers are a starting point. Investors should also look at the trend over four to eight quarters rather than just the latest standalone figure, since one strong quarter does not always reflect the underlying business quality.<\/p>\n<p>If you are building a portfolio allocation decision around the Sapphire Foods India vs Devyani International comparison, consider the risk profile of your overall portfolio first. Both companies operate in QSR franchise restaurants, which carries its own sector-specific risks including regulatory changes, commodity cost pressure, competitive intensity and macroeconomic sensitivity.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Sapphire Foods India vs Devyani International comparison comes down to this: Sapphire Foods India and Devyani International are both listed Indian companies in the QSR franchise restaurants space, but they differ in scale, valuation, and financial profile. Sapphire Foods India LOSS-MAKING. Devyani International LOSS-MAKING.<\/p>\n<p>Sapphire Foods India LOSS-MAKING. Devyani International LOSS-MAKING. Both are listed QSR franchise operators. Before taking any position in either stock, verify the latest fundamentals on NSE or BSE and consult a SEBI-registered investment advisor (registration number INH000013776).<\/p>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Sapphire Foods India and Devyani International live and get analyst-backed stock recommendations every day.<\/em><\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information and may not be fully accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice from Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Sapphire_Foods_India_do\"><\/span><strong>What does Sapphire Foods India do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Sapphire Foods India is a listed Indian company in the QSR franchise restaurants segment. Visit univest.in for live data.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Devyani_International_do\"><\/span><strong>What does Devyani International do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Devyani International is a listed Indian company in the QSR franchise restaurants segment. Visit univest.in for live data.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_is_larger_in_the_Sapphire_Foods_India_vs_Devyani_International_comparison\"><\/span><strong>Which is larger in the Sapphire Foods India vs Devyani International comparison?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Based on current data: Sapphire Foods India LOSS-MAKING. Verify from NSE or BSE.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_PE_ratios_compare_in_Sapphire_Foods_India_vs_Devyani_International\"><\/span><strong>How do PE ratios compare in Sapphire Foods India vs Devyani International?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The PE ratio comparison is in the data table above. Verify from NSE or BSE before investing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_ROE_of_Sapphire_Foods_India\"><\/span><strong>What is the ROE of Sapphire Foods India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The ROE of Sapphire Foods India is listed in the comparison table above. Verify from the latest quarterly filings.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Does_Devyani_International_pay_dividends\"><\/span><strong>Does Devyani International pay dividends?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Dividend yield information for Devyani International is in the comparison above. Verify from NSE or BSE.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_should_I_evaluate_QSR_franchise_restaurants_stocks\"><\/span><strong>How should I evaluate QSR franchise restaurants stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> For QSR franchise restaurants stocks, review earnings quality, ROE trends, debt levels and sector outlook. Consult a SEBI-registered advisor (INH000013776) before investing.<\/p>\n<div class=\"faq-schema\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Compare Sapphire Foods India vs Devyani International on market cap, PE ratio, ROE and dividend yield. Sapphire Foods India LOSS-MAKING. 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