Archive · 7 Jan 2026
Devyani-Sapphire Merger Expected to Create Large QSR Platform
Two big food companies, Devyani International and Sapphire Foods, are joining together.
After they merge, they will have about 2,875 stores by 2026.
Experts think their combined company could grow its money by 15% each year until 2028.
But how well they do will depend on how many people want to buy their food and how much competition they face in the market.
Devyani International and Sapphire Foods are merging to form a large QSR platform.
The combined entity is expected to have 2,875 stores by FY26.
Projected revenue growth is around 15% CAGR over FY25-28.
Sales growth will depend on consumer demand and market competition.
The merger is seen as a strategic fit but not a guaranteed demand fix.
- Who
- Devyani International and Sapphire Foods
- What
- Merger to create a large QSR platform
- When
- Expected completion by FY26
- Where
- India
- Why
- To leverage combined strengths and market presence
- Companies Involved
- Devyani International and Sapphire Foods
- Expected Store Count
- 2,875 by FY26
- Revenue Growth
- 15% CAGR over FY25-28
- Contingency Factors
- Consumer demand and market competition