Open Demat
Be a Partner
Samadhan
Install App
Install App

6718

543397

SAPPHIRE

img img img img
Compare to down-arrow
View down-arrow
Display down-arrow
Studies down-arrow
No Data Available

SAPPHIRE FOODS INDIA LTD Share Price Update

As of the latest trading session, SAPPHIRE FOODS INDIA LTD is trading at ₹179.42, up by ₹5.77 or 3.32% from its previous close. The stock has moved between ₹170.25 and ₹182.40 today. Over the past year, the stock has delivered a return of -42.05%. In the last month, it has returned 1.53%.

SAPPHIRE FOODS INDIA LTD performance

Today’s low Today’s high
₹ 170.25 ₹ 182.40
₹ 179.42
52 week low 52 week high
₹ 139.91 ₹ 368.00
₹ 179.42
Open Price ₹ 173.50
Prev. Close ₹ 173.65
Volume (Shares) 4690737.00
Total traded value ₹ 8416.12
Upper Circuit ₹ 208.38
Lower Circuit ₹ 138.92
info

Investment Returns

Over 1 Month 1.53% Over 3 Months -19.26% Over 6 Months -29.18% Over 1 Year -42.05%
demotext Smart Investing Starts here ! Trade Smart with Fast Execution & Zero Account Opening Fees Invest Now

SAPPHIRE FOODS INDIA LTD fundamentals


  • Market cap (Cr) 5,766.30
  • P/E Ratio (TTM) -115.17
  • Beta 1.14
  • Book Value / share 38.28
  • Return on equity 0.00%
  • EPS (TTM) 0.00
  • Dividend yield 0.00%
  • Net profit/quarter (Cr) -16.86
info icon alternate text
  • Market cap (Cr) 5,770.40
  • P/E Ratio (TTM) -115.17
  • Beta 1.18
  • Book Value / share 38.28
  • Return on equity 0.00%
  • EPS (TTM) 0.00
  • Dividend yield 0.00%
  • Net profit/quarter (Cr) -16.86
info icon alternate text

SAPPHIRE FOODS INDIA LTD Financials

  • Key Results
  • Key Ratios
  • Balance sheet
  • Cash Flow
  • Competition
info-icon
Revenue
Net income
Particulars MAR 2026 (Values in Cr)
Revenue 668.49
Operating Expense 682.83
Net Profit -16.86
Net Profit Margin (%) -2.52
Earnings Per Share (EPS) -0.52
EBITDA 97.06
Effective Tax Rate (%) 23.75
Particulars DEC 2025 (Values in Cr)
Revenue 679.58
Operating Expense 688.15
Net Profit -10.90
Net Profit Margin (%) -1.60
Earnings Per Share (EPS) -0.34
EBITDA 107.85
Effective Tax Rate (%) 16.23
Particulars SEP 2025 (Values in Cr)
Revenue 616.07
Operating Expense 648.50
Net Profit -17.30
Net Profit Margin (%) -2.80
Earnings Per Share (EPS) -0.54
EBITDA 91.25
Effective Tax Rate (%) 26.06
Particulars JUN 2025 (Values in Cr)
Revenue 660.40
Operating Expense 671.33
Net Profit -3.40
Net Profit Margin (%) -0.51
Earnings Per Share (EPS) -0.11
EBITDA 104.82
Effective Tax Rate (%) 25.38
Particulars MAR 2025 (Values in Cr)
Revenue 604.64
Operating Expense 618.19
Net Profit -3.66
Net Profit Margin (%) -0.60
Earnings Per Share (EPS) -0.11
EBITDA 98.46
Effective Tax Rate (%) 22.78
Particulars MAR 2026 (Values in Cr)
Revenue 2624.54
Operating Expense 2690.79
Net Profit -48.46
Net Profit Margin (%) -1.84
Earnings Per Share (EPS) -1.51
EBITDA 400.98
Effective Tax Rate (%) 23.16
Particulars MAR 2025 (Values in Cr)
Revenue 2451.08
Operating Expense 2465.83
Net Profit -6.32
Net Profit Margin (%) -0.25
Earnings Per Share (EPS) -0.20
EBITDA 428.11
Effective Tax Rate (%) -126.52
Particulars MAR 2024 (Values in Cr)
Revenue 2236.08
Operating Expense 2202.29
Net Profit 50.77
Net Profit Margin (%) 2.27
Earnings Per Share (EPS) 1.60
EBITDA 449.60
Effective Tax Rate (%) 22.32
Particulars MAR 2023 (Values in Cr)
Revenue 1981.14
Operating Expense 1909.76
Net Profit 226.36
Net Profit Margin (%) 11.42
Earnings Per Share (EPS) 35.62
EBITDA 420.36
Effective Tax Rate (%) -123.90
Particulars MAR 2022 (Values in Cr)
Revenue 1398.15
Operating Expense 1407.44
Net Profit 24.81
Net Profit Margin (%) 1.77
Earnings Per Share (EPS) 4.16
EBITDA 271.69
Effective Tax Rate (%) 0.00
Particulars MAR 2025 (Values in Cr)
Book Value / Share 43.46
ROE % 1.60
ROCE % 5.30
Total Debt to Total Equity 0.90
EBITDA Margin 17.82
Particulars MAR 2024 (Values in Cr)
Book Value / Share 210.20
ROE % 3.38
ROCE % 6.53
Total Debt to Total Equity 0.82
EBITDA Margin 19.07
Particulars MAR 2023 (Values in Cr)
Book Value / Share 197.65
ROE % 15.39
ROCE % 8.13
Total Debt to Total Equity 0.77
EBITDA Margin 20.28
Particulars MAR 2022 (Values in Cr)
Book Value / Share 158.50
ROE % 4.63
ROCE % 7.52
Total Debt to Total Equity 0.96
EBITDA Margin 19.92
Particulars MAR 2021 (Values in Cr)
Book Value / Share 90.91
ROE % 0.00
ROCE % 0.00
Total Debt to Total Equity 1.28
EBITDA Margin 18.24
Particulars MAR 2025 (Values in Cr)
Book Value / Share 39.09
ROE % 0.00
ROCE % 0.00
Total Debt to Total Equity 0.94
EBITDA Margin 18.33
Particulars MAR 2024 (Values in Cr)
Book Value / Share 192.93
ROE % 3.44
ROCE % 6.38
Total Debt to Total Equity 0.85
EBITDA Margin 20.11
Particulars MAR 2023 (Values in Cr)
Book Value / Share 181.03
ROE % 15.09
ROCE % 7.80
Total Debt to Total Equity 0.75
EBITDA Margin 21.22
Particulars MAR 2022 (Values in Cr)
Book Value / Share 163.93
ROE % 2.42
ROCE % 5.45
Total Debt to Total Equity 0.83
EBITDA Margin 19.43
Particulars MAR 2021 (Values in Cr)
Book Value / Share 97.54
ROE % 0.00
ROCE % 0.00
Total Debt to Total Equity 1.05
EBITDA Margin 17.82
Particulars MAR 2025 (Values in Cr)
Cash & Short Term Investments 78.26
Total Assets 3040.98
Total Liabilities 3040.98
Total Equity 1396.17
Share Outstanding 32
Price to Book Ratio 7.53
Return on Assets (%) 0.63
Return on Capital (%) 1.36
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 167.57
Total Assets 2840.08
Total Liabilities 2840.08
Total Equity 1339.81
Share Outstanding 6
Price to Book Ratio 8.14
Return on Assets (%) 1.85
Return on Capital (%) 3.86
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 220.42
Total Assets 2594.05
Total Liabilities 2594.05
Total Equity 1253.91
Share Outstanding 6
Price to Book Ratio 6.73
Return on Assets (%) 8.99
Return on Capital (%) 17.98
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 254.61
Total Assets 2163.92
Total Liabilities 2163.92
Total Equity 1005.44
Share Outstanding 6
Price to Book Ratio 9.01
Return on Assets (%) 2.14
Return on Capital (%) 4.36
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 50.02
Total Assets 1348.93
Total Liabilities 1348.93
Total Equity 478.73
Share Outstanding 5
Price to Book Ratio 0.00
Return on Assets (%) -7.29
Return on Capital (%) -17.76
Particulars MAR 2025 (Values in Cr)
Cash & Short Term Investments 70.64
Total Assets 2787.29
Total Liabilities 2787.29
Total Equity 1257.50
Share Outstanding 32
Price to Book Ratio 7.53
Return on Assets (%) -0.22
Return on Capital (%) -0.5
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 144.56
Total Assets 2609.88
Total Liabilities 2609.88
Total Equity 1229.08
Share Outstanding 6
Price to Book Ratio 8.14
Return on Assets (%) 1.94
Return on Capital (%) 4.07
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 194.17
Total Assets 2388.54
Total Liabilities 2388.54
Total Equity 1150.32
Share Outstanding 6
Price to Book Ratio 6.73
Return on Assets (%) 9.47
Return on Capital (%) 19.05
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 229.65
Total Assets 2080.09
Total Liabilities 2080.09
Total Equity 1041.63
Share Outstanding 6
Price to Book Ratio 9.01
Return on Assets (%) 1.19
Return on Capital (%) 2.26
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 36.13
Total Assets 1254.15
Total Liabilities 1254.15
Total Equity 514.91
Share Outstanding 5
Price to Book Ratio 0.00
Return on Assets (%) -7.71
Return on Capital (%) -16.77
Particulars MAR 2025 (Values in Cr)
Net Income 23.13
Cash from Operations 512.24
Cash from Investing -336.81
Cash from Financing -210.57
Net change in Cash -39.38
Free Cash Flow 777.11
Particulars MAR 2024 (Values in Cr)
Net Income 69.90
Cash from Operations 450.86
Cash from Investing -186.91
Cash from Financing -212.62
Net change in Cash 49.34
Free Cash Flow 835.99
Particulars MAR 2023 (Values in Cr)
Net Income 108.42
Cash from Operations 383.96
Cash from Investing -203.55
Cash from Financing -194.84
Net change in Cash -16.57
Free Cash Flow 768.11
Particulars MAR 2022 (Values in Cr)
Net Income 51.38
Cash from Operations 403.44
Cash from Investing -691.61
Cash from Financing 312.95
Net change in Cash 16.23
Free Cash Flow 688.71
Particulars MAR 2021 (Values in Cr)
Net Income -98.69
Cash from Operations 157.04
Cash from Investing -77.92
Cash from Financing -51.52
Net change in Cash 24.62
Free Cash Flow 231.02
Particulars MAR 2025 (Values in Cr)
Net Income -2.78
Cash from Operations 461.85
Cash from Investing -294.54
Cash from Financing -191.08
Net change in Cash -23.90
Free Cash Flow 700.03
Particulars MAR 2024 (Values in Cr)
Net Income 65.36
Cash from Operations 420.45
Cash from Investing -170.92
Cash from Financing -196.67
Net change in Cash 54.38
Free Cash Flow 777.61
Particulars MAR 2023 (Values in Cr)
Net Income 101.09
Cash from Operations 417.96
Cash from Investing -254.05
Cash from Financing -181.36
Net change in Cash -17.91
Free Cash Flow 763.25
Particulars MAR 2022 (Values in Cr)
Net Income 24.80
Cash from Operations 241.65
Cash from Investing -578.61
Cash from Financing 341.96
Net change in Cash 3.04
Free Cash Flow 488.28
Particulars MAR 2021 (Values in Cr)
Net Income -96.70
Cash from Operations 115.63
Cash from Investing -70.50
Cash from Financing -30.21
Net change in Cash 14.38
Free Cash Flow 177.38
Company Name Price P/E P/B Market Cap 52 Week Low 52 Week High
WESTLIFE FOODWORLD LTD 485.95 0.00 12.24 7577.72 398.35 814.60
JUBILANT FOODWORKS LTD 448.15 90.17 13.64 29570.96 409.85 719.70
Devyani International Limited 118.55 0.00 9.41 14616.50 91.57 191.20
UNITED FOODBRANDS LIMITED 350.15 0.00 4.17 1368.61 170.70 390.00
Company Name Price P/E P/B Market Cap 52 Week Low 52 Week High
WESTLIFE FOODWORLD LTD 485.95 0.00 14.82 7577.72 398.35 814.60
JUBILANT FOODWORKS LTD 448.15 120.80 12.81 29570.96 409.85 719.70
Devyani International Limited 118.55 0.00 9.56 14616.50 91.57 191.20
UNITED FOODBRANDS LIMITED 350.15 0.00 3.81 1368.61 170.70 390.00

SAPPHIRE FOODS INDIA LTD shareholding pattern

Holding
7.45%
26.06%
28.98%
37.49%
Name Shares Category
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)

News

Left Arrow
Right Arrow

SAPPHIRE FOODS INDIA LTD Technicals Summary

  • EMA & SMA
  • Resistance and Support
  • Delivery and Volume
  • Beta
  • Price Change Analysis
179.42 3.32 redarrow
red-green-graph indicator
11 Bearish
5 Bullish
  • 5 Days 177.40
  • 26 Days 179.10
  • 10 Days 180.00
  • 50 Days 182.40
  • 12 Days 180.20
  • 100 Days 199.50
  • 20 Days 179.50
  • 200 Days 230.60
174.88 PIVOT
First Support 171.15 First Resistance 180.01 Second Support 166.02 Second Resistance 183.74 Third Support 162.29 Third Resistance 188.87
RSI 47.68 ADX 18.77 MACD 1.83 Williams % R -76.37 Commodity Channel Index (CCI) -51.16
Date 2026-05-13 Week 470220.00 Same Day 292335.00 Month 722743.00
1 Year 1.16 3 Year 0.67
Over 1 Month
1.53% down
Over 1 Year
-42.05% down
Over 3 Months
-19.26% down
Over 3 Years
-11.75% down
Over 6 Months
-29.18% down
Over 5 Years
-6.16% down

SAPPHIRE FOODS INDIA LTD Corporate Actions

Ex-Date Old FV NEW FV Record Date
05 Sep 2024 10.0 2.0 05 Sep 2024
Ex-Date Old FV NEW FV Record Date
05 Sep 2024 10.0 2.0 05 Sep 2024

Top Gainers

up-arrow (%)

Top Losers

up-arrow (%)

SAPPHIRE FOODS INDIA LTD Share Price

Sapphire Foods India Limited was initially incorporated as 'Samarjit Advisors Private Limited' on 10 November, 2009. Subsequently, Company changed the name to 'Sapphire Foods India Private Limited' on 7 January, 2015. Thereafter, the status converted into a Public Company and name of the Company was changed to Sapphire Foods India Limited on 15 June, 2021. The Company is one of the largest franchisees of Yum! Brands Inc. in Indian sub-continent with a track record of operating 963 Restaurants across India and Sri Lanka. It is engaged in the development, management, and operation of quick service restaurants for esteemed brands such as Pizza Hut and KFC.

The Company started their operations in September, 2015, following the acquisition of about 270 KFC and Pizza Hut restaurants in India and Sri Lanka by a group of leading Private Equity firms and managed by a team of professionals.

On 08 March 2017,the company has allotted 41088390 bonus equity shares of Rs 10 each to the shareholders in the ratio of 70:1.

During the FY2020,the company has allotted 7136094 equity shares of Rs 10 each at a price of Rs 339 per share on conversion of CCPS and CCDs.

On 03 August 2020,the company has allotted 2184520 equity shares of Rs 10 each at a price of Rs 187 per share on rights basis.

As on 31 March 2021,the company has one direct subsidiary and 3 indirect subsidiaries under its roof.

On 05 August 2021,the company has allotted 9189789 equity shares of Rs 10 each at a price of Rs 505.13 per share on preferential basis.On the same day,the company also allotted 183682 equity shares of Rs 10 each at a price of Rs 544.42 per share on preferential basis.

Sapphire Foods owned and operated 209 KFC restaurants in India and the Maldives, 239 Pizza Hut restaurants in India, Sri Lanka and the Maldives, and two Taco Bell restaurants in Sri Lanka as of June 2021.

The Company launched the IPO of 17,569,941 equity shares of face value of Rs 10 each, by raising funds through an offer for sale aggregating to Rs 2073.25 Crore in November, 2021.

The Company has 579 restaurant outlets (KFC, Pizza Hut, and Taco Bell) in operation by the close of FY 22.

As of March 31, 2022, the Company owned and operated 264 KFC and 310 Pizza Hut restaurants in India, 90 Pizza Hut and 5 Taco Bell restaurants across India, Sri-Lanka and Maldives.

As on March 31, 2022, Company has 1 wholly owned subsidiary company viz., Gamma Pizzakraft (Overseas) Private Limited, which in turn, has 3 wholly-owned subsidiaries viz., Gamma Pizzakraft Private Limited, India; Gamma Pizzakraft Lanka (Private) Limited, Sri Lanka and French Restaurant Private Limited, Sri Lanka & one subsidiary viz., Gamma Island Foods Private Limited, Maldives.

The Board of Directors of the Company at their meeting held on February 11, 2022, approved Scheme of Merger by Absorption of Gamma Pizzakraft (Overseas) Private Limited (GPOPL) and Gamma Pizzakraft Private Limited (GPPL) with Sapphire Foods India Limited (Company) and their respective shareholders, where the Appointed Date of the Scheme stood April 1, 2022.

As of March 31, 2023, the Company owned and operated 341 KFC and 286 Pizza Hut restaurants in India, 105 Pizza Hut and 9 Taco Bell restaurants in Sri Lanka and 1 KFC and Pizza Hut each in Maldives. The Company introduced compact omnichannel restaurants and expanded its footprints across over 135 cities in India. It opened total 164 new restaurants in FY 2022-23 (78 KFC, 67 Pizza Hut in India and 15 Pizza Hut and 4 Taco Bell in Sri Lanka). It added 78 new KFC stores and 67 new Pizza Hut stores during the year. In April 2023, it launched 10 New Pizzas and sauces.

In 2022-23, pursuant to scheme of Merger by Absorption between the Company and its wholly owned subsidiaries- Gamma Pizzakraft Private Limited (GPPL) and Gamma Pizzakraft Overseas Private Limited (GPOPL) merged into the Company as a going concern basis from April 1, 2022.

The Company expanded the physical footprint to 850+ restaurants in FY24. It launched Melts, Thin Crust Pizza and revamped Pasta range in March, 2024. It opened total 91 net new restaurants in FY 2024-25 (73 KFC, 15 Pizza Hut in India and 7 Pizza Hut in Sri Lanka and 4 closures in Maldives).

Parent organization Indian Private
NSE symbol SAPPHIRE
Founded 2009
stock
Trade stocks with ease

Sign-in to trade with your demat account, or set up a new demat account for free

Board Of Directors

Left Arrow
Sunil Chandiramani Chairman & Independent Director
Sanjay Purohit Group CEO & WTD
Anu Aggarwal Independent Director
Deepa Gopalan Wadhwa Independent Director
Sumeet Narang Non Executive Director / Nominee
Kabir Kishin Thakur Non Executive Director / Nominee
Vinod Nambiar Non Executive Director / Nominee
Vijay Jain Executive Director & CFO
Sachin Tukaram Dudam Company Sec. & Compli. Officer
Kushal Agarwal Additional Director
Right Arrow

Similar stocks

Left Arrow
similar-logo JUBLFOOD
0.19%
461.35 0.89
down-arrow
similar-logo DEVYANI
0.04%
118.08 0.05
down-arrow
similar-logo TRAVELFOOD
-4.01%
1098.4 -45.90
down-arrow
similar-logo WESTLIFE
1.13%
473 5.29
down-arrow
similar-logo RBA
1.08%
67.74 0.73
down-arrow
similar-logo UFBL
0.20%
361 0.75
down-arrow
similar-logo COFFEEDAY
-1.13%
24.37 -0.28
down-arrow
similar-logo BIRDYS
3.00%
128.75 3.75
down-arrow
Right Arrow

Frequently Asked Questions

What is the Current Share Price of Sapphire Foods India Ltd?

Answer Field

Sapphire Foods India Ltd share price is for NSE ₹ 179.42 & for BSE ₹ 179.50 as on May 15 2026 03:30 PM.

What is the Market Cap of Sapphire Foods India Ltd Share?

Answer Field

The market cap of Sapphire Foods India Ltd for NSE ₹ 0.00 & for BSE ₹ 0.00 as on May 15 2026 03:30 PM.

What is the 52 Week High and Low of Sapphire Foods India Ltd?

Answer Field

The 52 Week High and Low of Sapphire Foods India Ltd for NSE is ₹ 368.00 and ₹ 139.91 and for BSE is ₹ 368.10 and ₹ 140.25.

What is 1 year return for Sapphire Foods India Ltd?

Answer Field

The 1 year returns on the stock has been -43.25%.

What is the P/E Ratio of Sapphire Foods India Ltd Share?

Answer Field

As on May 15 2026 03:30 PM the price-to-earnings (PE) ratio for Sapphire Foods India Ltd share is -115.17.

What is the PB ratio of Sapphire Foods India Ltd Share?

Answer Field

As on May 15 2026 03:30 PM, the price-to-book (PB) ratio for Sapphire Foods India Ltd share is 38.28.

How to Buy Sapphire Foods India Ltd Share?

Answer Field

You can trade in Sapphire Foods India Ltd shares with Bajaj Broking by opening a demat account.

How to Buy Sapphire Foods India Ltd Share on Bajaj Broking App?

Answer Field

To buy Sapphire Foods India Ltd shares on the Bajaj Broking app, follow these steps:

• Login to the Bajaj Broking App

• Click on the Search Icon

• Search “Sapphire Foods India Ltd”

• Click on the BUY icon

• Place a buy order specifying the desired quantity of shares.

• Click BUY again to complete the purchase

No results found

close-image

Get Free Demat Account*

+91
close-img

Authorise with OTP

Enter the 4-Digit OTP sent to
edit
OTP expires in 00:59
banner-icon

Open Your Free Demat Account

Enjoy low brokerage on delivery trades

+91

|

Please Enter Mobile Number

Open Your Free Demat Account

Enjoy low brokerage on delivery trades

+91

|

Products

arrow

Calculators

arrow

Platforms

arrow

Mutual Funds & SIP

arrow

Important Links

arrow

Explore

arrow

Corporate

arrow

Discover

arrow

Popular Stocks

arrow

Indian Indices

arrow

Global Indices

arrow

Sector Wise Stocks

arrow

IPO

arrow

ATTENTION INVESTORS:

“Investments in securities market are subject to market risk, read all the scheme related documents carefully before investing."

"Prevent Unauthorized transactions in your Trading/Demat Account. Update your mobile numbers/email IDs with your stock brokers/Depository Participant. Receive alerts/information of your transaction/all debit and other important transactions in your Trading/ Demat Account directly from Exchange/CDSL/NSDL at the end of the day. Issued in the interest of investors."

" We collect, retain, and use your contact information for legitimate business purposes only, to contact you and to provide you information & latest updates regarding our products & services."  

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"We understand that certain investment advisors may be approaching members of the public including our clients, representing that they are our partners, or representing that their investment advice is based on our research. Please note that we have not engaged any third parties to render any investment advisory services on our behalf nor are we providing any stock recommendations/tips/research report/advisory. Persons making investments on the basis of such advice may lose all or a part of their investments along with the fee paid to such unscrupulous persons. Please be cautious about any phone call that you may receive from persons representing to be such investment advisors, or a part of research firm offering advice on securities. Do not make payments through e-mail links, WhatsApp or SMS. Please do not share your personal or financial information with any person without proper verification. Always trade through a registered broker."

Bajaj Financial Securities Limited is a subsidiary of Bajaj Finance Limited and is a corporate trading and clearing member of BSE Ltd. and National Stock Exchange of India Ltd. (NSEIL), and also a Depository participant with National Securities Depository Ltd (“NSDL”) and Central Depository Services Ltd. (“CDSL”).

Bajaj Financial Securities Limited is engaged in the business of Stock Broking and as a Depository Participant.Bajaj Financial Securities Limited does not provide any advisory services to its clients. Bajaj Financial Securities Limited may share updates from time to time (through various electronic communication modes) which are sourced from public domain and the same are NOT to be construed as any advice or recommendation from Bajaj Financial Securities Limited. Client is requested to independently evaluate and/or consult their professional advisors before arriving at any conclusion to make any investment. The decision to invest shall be the sole responsibility of the Client and shall not hold Bajaj Financial Securities Limited, its employees and associates responsible for any losses, damages of any type whatsoever.

BSE Ltd. is not in any manner answerable, responsible or liable to any person or persons for any acts of omission or commission, errors, mistakes and/or violation, actual or perceived, by us or our partners, agents, associates etc., of any of the Rules, Regulations, Bye-laws of the Stock Exchange, Mumbai, SEBI Act or any other laws in force from time to time.

BSE Ltd. is not answerable, responsible or liable for any information on this Website or for any services rendered by our employees, our servants, and us.

Personal Loan, Fixed Deposit, EMI Card are provided by Bajaj Finance Limited. Bajaj Financial Securities Limited is only a distributor. These are not exchange traded products and all disputes with respect to the distribution activity, would not have access to exchange investor redressal forum or Arbitration mechanism.

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.

Please Note:

  1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020

  2. Update your mobile number & email ID with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.

  3. Pay 20% upfront margin of the transaction value to trade in cash market segment.

  4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 and BSE vide notice no. 20200731-7 dated July 31, 2020 and 20200831-45 dated August 31, 2020 and other guidelines issued from time to time in this regard.

  5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.

Client Registration Documents (Rights & Obligations, Risk Disclosure Document, Do's & Don'ts) in Vernacular Language: BSE | NSE

If the client wishes to revoke /cancel the EDIS mandate placed by them, they can write on email us or call on the toll free number.

Advisory for Investors : NSE | BSE

We also do pro-account trading in Equity & Derivatives Segment.

Filling complaints on SCORES - Easy & Quick

A.  Register on SCORES portal B. Mandatory details for filling complaints on SCORES (i) Name, PAN, Address, Mobile Number, E-mail ID C. Benefits: (i) Effective Communication (ii) Speedy redressal of the grievances.

SEBI Registration No.: INZ000218931 | BSE Cash/CDS/F&O (Member ID: 6706) | NSE Cash/F&O/CDS (Member ID: 90177) | MCX Member ID: 57680 | DP registration No : IN-DP-418-2019 | CDSL DP No.: 12088600 | NSDL DP No. IN304300 | AMFI Registration No.: ARN – 163403 Research Analyst SEBI Registration No. INH000010043

Compliance officer:

Mr. Boudhayan Ghosh 
TEL: 020-48574486
Email for any investor grievances or write to us for DP related matters.

DISCLAIMER

STANDARD DISCLAIMER

Investments in the securities market are subject to market risk, read all related documents carefully before investing.

Reg Office: Bajaj Auto Limited Complex, Mumbai –Pune Road Akurdi Pune 411035. Corporate Office: Bajaj Financial Securities Limited, 1st Floor, Mantri IT Park, Tower B, Unit No 9 & 10, Viman Nagar, Pune, Maharashtra 411014. SEBI Registration No.: INZ000218931 | BSE Cash/F&O/CDS (Member ID:6706) | NSE Cash/F&O/CDS (Member ID: 90177) | MCX Member ID: 57680 | DP registration No: IN-DP-418-2019 | CDSL DP No.: 12088600 | NSDL DP No. IN304300 | AMFI Registration No.: ARN –163403. 

Website: Bajaj Broking

RESEARCH DISCLAIMER

Broking services offered by Bajaj Financial Securities Limited | Registered Office: Bajaj Auto Limited Complex , Mumbai –Pune Road Akurdi Pune 411035 | Corporate Office: Bajaj Financial Securities Limited, 1st Floor, Mantri IT Park, Tower B, Unit No 9 & 10, Viman Nagar, Pune, Maharashtra 411014 | CIN: U67120PN2010PLC136026 | Research Analyst SEB I Registration No: INH000010043.

Details of Compliance Officer: 

Mr. Boudhayan Ghosh (For Broking/DP/Research)
Email | Contact No.: 020-4857 4486 

Investment in the securities involves risks, investor should consult his own advisors/consultant to determine the merits and risks of investment.

DISCLOSURES

Disclosures under the provisions of SEBI (Research Analysts) Regulations 2014 (Regulations) 

Bajaj Financial Securities Limited ("Bajaj Broking" or "Research Entity") is regulated by the Securities and Exchange Board of India ("SEBI") and is licensed to carry on the business of broking, depository services and related activities. There were no instances of non-compliance by Bajaj Financial Securities Limited on any matter related to the capital markets, resulting in significant and material disciplinary action during the last three years. This research report has been prepared and distributed byBajaj Financial Securities Limited in the capacity of a Research Analyst as per Regulation 22(1) of SEBI (Research Analysts) Regulations 2014 having SEBI Registration No. INH000010043. 

DISCLAIMER

This e-mail/ short message service (SMS) may contain confidential, proprietary or legally privileged information. It should not be used by anyone who is not the original intended recipient. If you have erroneously received this message, please delete it immediately and notify the sender. The recipient acknowledges thatBajaj Financial Securities Limited or its holding and/or associated companies, as the case may be, are unable to exercise control or ensure or guarantee the integrity of/over the contents of the information contained in e-mail /SMS transmissions and further acknowledges that any views expressed in this message are those of the individual sender and no binding nature of the message shall be implied or assumed unless the sender does so expressly with due authority of Bajaj Financial Securities Limited. This message is not intended as an offer or publication or solicitation for distribution for subscription of or purchase or sale of any securities or financial instrument(s) to anyone in whose jurisdiction such subscription etc. requires prior local regulatory clearance or is contrary to the local laws of the land in any manner or as an official confirmation of any transaction. Before opening any attachments, please check them for viruses and defects. 

This service / information is strictly confidential and is being furnished to you solely for your information. This information should not be reproduced or redistributed or passed on directly or indirectly in any form to any other person or published, copied, in whole or in part, for any purpose unless otherwise expressly authorised. This service / information is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or which would subjectBajaj Financial Securities Limited and affiliates/ group/holding companies to any registration or licensing requirements within such jurisdiction. The distribution of this document in certain jurisdictions may be restricted by law, and persons in whose possession this document comes, should inform themselves about and observe any such restrictions.  

The data would be provided to the clients on an "as is" and "where-is" basis, without any warranty. Bajaj Financial Securities Limited or its subsidiaries and associated companies shall not be liable for any delay or any other interruption which may occur in providing the data due to any reason including network (Internet) reasons or snags in the system, breakdown of the system or any other equipment, server breakdown, maintenance shutdown, breakdown of communication services or inability of the Bajaj Financial Securities Limited or its subsidiaries and associated companies to provide the data. In no event shall the Bajaj Financial Securities Limited or its holding and associated companies be liable for any damages, including without limitation direct or indirect, special, incidental, or consequential damages, losses or expenses arising in connection with the data provided by the Bajaj Financial Securities Limited or its holding and associated companies.

ADDITIONAL DISCLAIMER FOR U.S. PERSONS

Bajaj Financial Securities Limited is not a registered broker-dealer under the U.S. Securities Exchange Act of 1934, as amended (the"1934 act") and under applicable state laws in the United States. In addition, Bajaj Financial Securities Limited is not a registered investment adviser under the U.S. Investment Advisers Act of 1940, as amended (the "Advisers Act" and together with the 1934 Act, the "Acts), and under applicable state laws in the United States. Accordingly, in the absence of specific exemption under the Acts, any brokerage and investment services provided by Bajaj Financial Securities Limited, including the products and services described herein are not available to or intended for U.S. persons. This email message does not constitute an offer or invitation to purchase or subscribe for any securities or solicitation of any investments or investment services and/or shall not be considered as an advertisement tool. "U.S. Persons" are generally defined as a natural person, residing in the United States or any entity organized or incorporated under the laws of the United States. US Citizens living abroad may also be deemed "US Persons" under certain rules.  

ADDITIONAL DISCLAIMER FOR CANADIAN PERSONS

Bajaj Financial Securities Limited is not a registered adviser or dealer under applicable Canadian securities laws nor has it obtained an exemption from the adviser and/or dealer registration requirements under such law. Accordingly, any brokerage and investment services provided by Bajaj Financial Securities Limited, including the products and services described herein are not available to or intended for Canadian persons.  

This mailer and its respective contents do not constitute an offer or invitation to purchase or subscribe for any securities or solicitation of any investments or investment services.  

DISCLAIMER FOR REPORT

DISCLOSURES UNDER THE PROVISIONS OF SEBI (RESEARCH ANALYSTS) REGULATIONS 2014 (REGULATIONS)

Bajaj Financial Securities Limited ("Bajaj Broking" or "Research Entity") is regulated by the Securities and Exchange Board of India ("SEBI") and is licensed to carry on the business of broking, depository services and related activities.  

This Report has been prepared by Bajaj Financial Securities Limited in the capacity of a Research Analyst having SEBI Registration No. INH000010043 and distributed as per SEBI (Research Analysts) Regulations 2014. This report does not constitute an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. The information contained herein is from publicly available data or other sources believed to be reliable. This report is provided for assistance only and is not intended to be and must not alone be taken as the basis for an investment decision. The user assumes the entire risk of any use made of this information. Each recipient of this report should make such investigation as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document (including the merits and risks involved), and should consult his own advisors to determine the merits and risks of such investment. The investment discussed or views expressed may not be suitable for all investors.  

This information is strictly confidential and is being furnished to you solely for your information. This information should not be reproduced or redistributed or passed on directly or indirectly in any form to any other person or published, copied, in whole or in part, for any purpose. This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or which would subject Bajaj Financial Securities Limited and associates / group companies to any registration or licensing requirements within such jurisdiction. The distribution of this report in certain jurisdictions may be restricted by law, and persons in whose possession this report comes, should observe, any such restrictions. The information given in this report is as of the date of this report and there can be no assurance that future results or events will be consistent with this information. This information is subject to change without any prior notice. Bajaj Financial Securities Limited reserves the right to make modifications and alterations to this statement as may be required from time to time. Bajaj Financial Securities Limited or any of its associates / group companies shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this report. Bajaj Financial Securities Limited is committed to providing independent and transparent recommendation to its clients. Neither Bajaj Financial Securities Limited nor any of its associates, group companies, directors, employees, agents or representatives shall be liable for any damages whether direct, indirect, special or consequential including loss of revenue or lost profits that may arise from or in connection with the use of the information. Our proprietary trading and investment businesses may make investment decisions that are inconsistent with the recommendations expressed herein. Past performance is not necessarily a guide to future performance .The disclosures of interest statements incorporated in this report are provided solely to enhance the transparency and should not be treated as endorsement of the views expressed in the report. The information provided in these reports remains, unless otherwise stated, the copyright of Bajaj Financial Securities Limited. All layout, design, original artwork, concepts and other Intellectual Properties, remains the property and copyright of Bajaj Financial Securities Limited and may not be used in any form or for any purpose whatsoever by any party without the express written permission of the copyright holders.  

We offer our research services to clients as well as our prospects. Though this report is disseminated to all the customers simultaneously, not all customers may receive this report at the same time. We will not treat recipients as customers by virtue of their receiving this report.  

Bajaj Financial Securities Limited and its associates, officer, directors, and employees, research analyst (including relatives) worldwide may: (a) from time to time, have long or short positions in, and buy or sell the securities thereof, of company(ies), mentioned herein or (b) be engaged in any other transaction involving such securities and earn brokerage or other compensation or act as a market maker in the financial instruments of the subject company/company(ies) discussed herein or act as advisor or lender/borrower to such company(ies) or have other potential/material conflict of interest with respect to any recommendation and related information and opinions at the time of publication of research report or at the time of public appearance. Bajaj Financial Securities Limited may have proprietary long/short position in the above-mentioned scrip(s) and therefore should be considered as interested. The views provided herein are general in nature and do not consider risk appetite or investment objective of any particular investor; readers are requested to take independent professional advice before investing. This should not be construed as invitation or solicitation to do business with Bajaj Financial Securities Limited.  

Bajaj Financial Securities Limited or its associates may have received compensation from the subject company in the past 12 months. Bajaj Financial Securities Limited or its associates may have managed or co-managed public offering of securities for the subject company in the past 12 months. Bajaj Financial Securities Limited or its associates may have received compensation for investment banking or merchant banking or brokerage services from the subject company in the past 12 months. Bajaj Financial Securities Limited or its associates may have received any compensation for products or services other than investment banking or merchant banking or brokerage services from the subject company in the past 12 months. Bajaj Financial Securities Limited or its associates have not received any compensation or other benefits from the Subject Company or third party in connection with the research report. Research analyst or his/her relative or Bajaj Financial Securities Limited’s associates may have financial interest in the subject company. Bajaj Financial Securities Limited, its associates, research analyst and his/her relative may have other potential/material conflict of interest with respect to any recommendation and related information and opinions at the time of publication of research report or at the time of public appearance.  

Research analyst has served as an officer, director or employee of subject Company: No  

Bajaj Financial Securities Limited has financial interest in the subject companies: No  

Bajaj Financial Securities Limited’s Associates may have actual/beneficial ownership of 1% or more securities of the subject company at the end of the month immediately preceding the date of publication of research report.  

Research analyst or his/her relative has actual/beneficial ownership of 1% or more securities of the subject company at the end of the month immediately preceding the date of publication of research report: No  

Bajaj Financial Securities Limited has actual/beneficial ownership of 1% or more securities of the subject company at the end of the month immediately preceding the date of publication of research report: No  

Subject company may have been client during twelve months preceding the date of distribution of the research report.  

There were no instances of non-compliance by Bajaj Financial Securities Limited on any matter related to the capital markets, resulting in significant and material disciplinary action during the last three years. A graph of daily closing prices of the securities is also available at NSE

ANALYST CERTIFICATION

The analyst for this report certifies that all of the views expressed in this report accurately reflect his or her personal views about the subject company or companies and its or their securities, and no part of his or her compensation was, is or will be, directly or indirectly related to specific recommendations or views expressed in this report.  

RISK DISCLOSURE ON DERIVATIVES

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.

BROKERAGE DISCLAIMER

All leveraged intraday positions will be squared off on the same day. There is no restriction on the withdrawal of the unutilised margin amount. Brokerage will not exceed the SEBI prescribed limit. Visit : Pricing

MTF 

As subject to the provisions of SEBI Circular CIR/MRD/DP/54/2017 dated June 13, 2017, and the terms and conditions mentioned in the lights and obligations statement issued by the TM (if applicable).  

US INVESTING

International investment is not supervised by any regulatory body in India. Thus, any claim or dispute relating to such investment or enforcement of any agreement/contract /claim will not be under laws and regulations of the recognized stock exchanges and investor protection under Indian Securities Law. The account opening process will be carried out on Vested platform and Bajaj Financial Securities Limited will not have any role in it.  

IPO 

This should not be construed as soliciting investment. Investors’ discretion is required. Kindly consult your financial expert before investing. No need to issue cheques by investors while subscribing to IPO. Investments in securities markets are subject to market risks, read all the related documents carefully before investing.  

SCREENERS 

Screeners is not Exchange-approved products and any disputes related to the same will not be dealt on the Exchange platform. 

SECURITIES 

Securities quoted are exemplary and not recommendatory. 

IPV 

Account would be open after all procedure relating to IPV and client due diligence is completed. 

IMAGES 

The images used are only for representation purpose. Proper due diligence has been done for the images and the image is not of any artist. The same is captured from royalty free sites.

THIRD PARTY PRODUCT DISCLAIMER

Bajaj Financial Securities Limited is a distributor for Non-Broking Products/Services such as Mutual Funds, Mutual Funds SIP, IPO, Bonds, Insurance, PMS, Global Investing, any other third-party products/services. These are not Exchange Traded Products, and we are only acting as distributors. All disputes with respect to the distribution activity, would not have access to SCORES/ODR, Exchange investor redressal forum or Arbitration mechanism. Please refer to the detailed disclaimer for Third-Party Products.

DISCLOSURE TO CLIENTS REGARDING PAYOUT OF FUNDS

As per SEBI circular no. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/84 dated June 08, 2023, Stockbrokers are required to upstream the entire client funds lying with them to the Clearing Corporation. Based on client’s request the funds’ release request must be placed with the Clearing Corporation. Based on the internal process and cut-off timelines of the Clearing Corporation the funds will be released to the Stock Broker. In view of this new process, as specified by the regulatory and the cut-off time of Clearing Corporation/Banks processing the funds, Bajaj Financial Securities Limited cannot commit the exact time for releasing funds payout to its client. Clients are requested to note that, Bajaj Financial Securities Limited will not be responsible for any inconvenience caused to clients due to delay in release of funds payout, including fines, delayed charges, defaults, etc.