MAM
DQE appoints Sun-Mate as global toy partner for The Jungle Book
MUMBAI: DQ Entertainment International (DQE) has appointed global toy manufacturer Sun-Mate Corporation to be the master global toy partner for the new 3D, CGI international animated TV series, The Jungle Book.
As the appointed global master toy partner, Sun-Mate will design and manufacture a large variety of toys for the new The Jungle Book including play sets, figurines, plush, electronic toys, walkie-talkies, role-play and outdoor adventure sets.
Sun-mate will preview the new toy line at the forthcoming 2013 Hong Kong Toy Fair, New York Toy Fair and Nuremberg Toy Fair events, as part of their initial global sales launches for the brand. The Company will also announce, in the near future, key appointments for regional distributors in conjunction with the new series’ growing popularity internationally.
DQ Entertainment International Chairman and CEO Tapaas Chakravarti said, “We are happy to leverage on the strengths of our partners, Sun-Mate Corporation in bringing a wide variety of toys and collectibles to Jungle Book fans globally. With the immense success of the first season of The Jungle Book, we are now poised to receive maximum traction on the licensing of this much loved brand as we are on the verge of launching the second season of this series.”
“The Jungle Book, new 3D, CGI animated series, is a phenomenal success internationally. With current international broadcasters anxiously anticipating the second season and additional broadcast partners being added all the time, our expansion into the international marketplace is well-timed. Our global toy distribution plans will seek to satisfy the growing demand for toys by young fans and their parents everywhere who have come to love these celebrated characters even further,” Sun-Mate Corporation President Rami Ben-Moshe added.
The deal follows Sun-Mate’s appointment, earlier this fall, by SMC Entertainment Group, INC (SMC) to be the North American master toy licensee for the brand. SMC holds the North American rights for home entertainment, licensing, merchandising and promotional rights for the new 3D CGI animated TV series brand.
SMC also secured the master toy rights for “The Jungle Book” for Australia and New Zealand and all licensing and merchandising for South Africa. DQ Entertainment (DQE) is the producer and global rights owners of new “The Jungle Book” animated TV series.
The Jungle Book, new 3D, CGI animated series, is airing in 165 countries across the globe, and currently has over 100 licensees worldwide in key categories of publishing, gaming, digital, apparel, accessories, home furnishings, back-to-school, games, puzzles, HBA, confections, amusement, Halloween and seasonal products.
Brands
Sapphire Foods FY26 revenue rises to Rs 3,125 crore, posts loss
Q4 revenue at Rs 792 crore, FY26 loss at Rs 32 crore amid cost pressures.
MUMBAI: If growth is on the menu, profitability seems to have taken a brief detour. Sapphire Foods India reported a steady rise in topline for FY26, even as rising costs weighed on profitability. Revenue from operations grew to Rs 3,125 crore for the year ended March 31, 2026, up from Rs 2,882 crore in FY25. However, the company swung to a loss, reporting a net loss of Rs 32 crore for FY26, compared to a profit of Rs 17 crore in the previous year. Total income for the year stood at Rs 3,153 crore, while total expenses climbed to Rs 3,167 crore, reflecting pressure across key cost heads.
In the March quarter, revenue came in at Rs 792 crore, compared to Rs 711 crore in the same period last year. The company reported a quarterly net loss of Rs 13 crore, against a profit of Rs 2 crore a year earlier.
Cost pressures remained visible across operations. Material costs rose to Rs 995 crore for FY26, while employee expenses increased to Rs 428 crore. Other expenses, the largest component, stood at Rs 1,229 crore, underscoring the impact of store operations and expansion-related spends.
Depreciation and amortisation expenses also climbed to Rs 392 crore for the year, reflecting continued investments in store infrastructure and growth.
At the operating level, the company reported a loss before tax of Rs 37 crore for FY26, compared to a profit of Rs 23 crore in FY25. Exceptional items added Rs 24 crore to the cost burden during the year.
On the balance sheet, total assets rose to Rs 3,256 crore as of March 31, 2026, up from Rs 3,041 crore a year earlier, indicating ongoing expansion. Net worth stood at Rs 1,389 crore.
Despite profitability pressures, operating cash flow remained resilient at Rs 507 crore, highlighting underlying business strength and demand stability.
The numbers paint a familiar picture in the quick-service restaurant space, growth continues to be served hot, but margins are still finding their footing.
