523710
Sayaji Hotels financials
- Market cap
- ₹572 Cr
- Sector
- Consumer Services
What Sayaji Hotels does
Sayaji Hotels Limited runs hotels, earning from room accommodation and food & beverage (F&B) operations. Alongside its own owned/operated properties, the company also takes on third-party hotels as management contracts, having added several new "management properties" to its portfolio in the latest year. The Managing Director's message credits improved occupancies and F&B performance as the year's key operating drivers.
Segments
- Owned & operated hotels
- Hotel management services
Quarterly results
Q1 FY27: revenue down 43.7%, net profit down 124.1% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 28 | 43 | 40 | 36 | 32 +13% | 44 +3% | 38 −5% | 20 −44% |
| EBITDA | 5 | 13 | 9 | 8 | 5 −14% | 15 +11% | 11 +26% | 3 −69% |
| Net profit | 1 | 5 | 2 | -0 | -3 −501% | 5 −7% | 10 +487% | -1 −124% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +14.2% 1Y
1Y: ₹280.2 on 10 Sept 2025 → ₹320.1. High ₹347.95 (26 Aug 2026), low ₹0 (5 Dec 2025).
Financials, as filed
Revenue fell 0.0% a year over 3 years, FY23 to FY26. Operating margin narrowed to 26.2%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹149 Cr | ₹112 Cr | ₹138 Cr | ₹149 Cr |
| Operating profit | ₹42 Cr | ₹37 Cr | ₹36 Cr | ₹39 Cr |
| Operating margin | 28.2% | 33.3% | 25.8% | 26.2% |
| Interest | ₹8 Cr | ₹7 Cr | ₹10 Cr | ₹14 Cr |
| Depreciation | ₹13 Cr | ₹11 Cr | ₹15 Cr | ₹26 Cr |
| Net profit | ₹42 Cr | ₹18 Cr | ₹10 Cr | ₹11 Cr |
| Net margin | 28.4% | 16.3% | 7.4% | 7.4% |
| Cash from operations | ₹33 Cr | ₹48 Cr | ₹28 Cr | ₹44 Cr |
| Free cash flow | ₹29 Cr | ₹47 Cr | ₹-12 Cr | ₹14 Cr |
| ROCE | 24.0% | 19.0% | 15.0% | 8.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹18 Cr | ₹18 Cr | ₹18 Cr | ₹18 Cr | ₹18 Cr | ₹18 Cr |
| Reserves | ₹30 Cr | ₹58 Cr | ₹113 Cr | ₹29 Cr | ₹128 Cr | ₹50 Cr |
| Borrowings | ₹159 Cr | ₹121 Cr | ₹87 Cr | ₹55 Cr | ₹162 Cr | ₹126 Cr |
| Other liabilities | ₹55 Cr | ₹50 Cr | ₹42 Cr | ₹15 Cr | ₹26 Cr | ₹23 Cr |
| Total liabilities | ₹262 Cr | ₹246 Cr | ₹259 Cr | ₹116 Cr | ₹334 Cr | ₹217 Cr |
| Fixed assets | ₹188 Cr | ₹166 Cr | ₹150 Cr | ₹51 Cr | ₹162 Cr | ₹134 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹1 Cr | ₹16 Cr | ₹7 Cr |
| Investments | ₹7 Cr | ₹7 Cr | ₹14 Cr | ₹16 Cr | ₹97 Cr | ₹14 Cr |
| Other assets | ₹68 Cr | ₹74 Cr | ₹94 Cr | ₹48 Cr | ₹59 Cr | ₹61 Cr |
| Total assets | ₹262 Cr | ₹246 Cr | ₹259 Cr | ₹116 Cr | ₹334 Cr | ₹217 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public trimmed −1.00 pp while promoters added +0.98 pp. The shareholder count shrank 5% to 3,585.
- Promoters
- 66.8%
- DIIs
- 0.0%
- Public
- 33.1%
Since Jun 2025
- Public −1.00 pp
- Promoters +0.98 pp
- DIIs 0.00 pp
How it drifted, 12 quarters
Over this window promoters fell from 75.0% to 66.8% — −8.1 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 75.0%, DIIs 0.0%, Public 25.0%.Dec '23: Promoters 75.0%, DIIs 0.0%, Public 25.0%.Mar '24: Promoters 75.0%, DIIs 0.0%, Public 25.0%.Jun '24: Promoters 75.0%, DIIs 0.0%, Public 25.0%.Sep '24: Promoters 75.0%, DIIs 0.0%, Public 25.0%.Dec '24: Promoters 75.0%, DIIs 0.0%, Public 25.0%.Mar '25: Promoters 75.0%, DIIs 0.0%, Public 25.0%.Jun '25: Promoters 65.8%, DIIs 0.0%, Public 34.1%.Sep '25: Promoters 65.8%, DIIs 0.0%, Public 34.1%.Dec '25: Promoters 66.8%, DIIs 0.0%, Public 33.2%.Mar '26: Promoters 66.8%, DIIs 0.0%, Public 33.1%.Jun '26: Promoters 66.8%, DIIs 0.0%, Public 33.1%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Azhar Yusuf Dhanani +3.55 pp 8.37% held
The same filing shows 2 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Sayaji Hotels above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Suchitra Dhanani | 20.95% | unchanged |
| Anisha Raoof Dhanani | 14.43% | unchanged |
| Kayum Razak Dhanani | 9.11% | unchanged |
| Raoof Razak Dhanani | 8.72% | unchanged |
| Azhar Yusuf Dhanani | 8.37% | +3.55 pp |
| Zuber Yusuf Dhanani | 4.83% | unchanged |
| Nasreen Yusuf Dhanani | 4.57% | unchanged |
| Sana Yusuf Dhanani | 4.51% | unchanged |
| Abdul Gani Sarfaraz Yusuf Dhanani | 4.29% | unchanged |
| Aditi Abdul Gani Sarfaraz Dhanani | 4.07% | unchanged |
| Sadiya Raoof Dhanani | 2.89% | unchanged |
| Saba Raoof Dhanani | 2.88% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Sayaji Hotels
Guides on how to read this kind of business and the numbers that matter.