Saj Hotels Ltd - Stock Valuation and Financial Performance

BSE: 0 | NSE: SAJHOTELS | Hotel, Resort & Restaurants | Small Cap

BSE Share Price
Not Listed

DeciZen - make an informed investing decision on Saj Hotels

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Undervalued

3. Price Trend

Semi Strong

Saj Hotels stock performance -

mw4me loader
P/E Ratio (SA):
40.82
Market Cap:
118.4 Cr.
52-wk low:
0
52-wk high:
0

Is Saj Hotels Ltd an attractive stock to invest in?

1. Is Saj Hotels Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Saj Hotels Ltd is a average quality company.

2. Is Saj Hotels Ltd undervalued or overvalued?

The key valuation ratios of Saj Hotels Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Saj Hotels Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Saj Hotels Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Saj Hotels:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Saj Hotels Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 12.9%28.1%32.4%15.4%10.5%6.6%9.8%5.4%18.4%19.8%-
Value Creation
Index
-0.11.01.30.1-0.3-0.5-0.3-0.60.30.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 09.710.69.910.712.49.15.19.110.310
Sales YoY Gr.-NA9.7%-6.6%8.1%16%-27%-44.1%78.9%13.3%-
Adj EPS 0.80.91.60.60.4-0.50.3-0.41.92.41.8
YoY Gr.-8.5%77.5%-65.2%-29.1%-228.2%NA-240.7%NA25.8%-
BVPS (₹) 4.55.477.57.97.57.77.39.211.717.1
Adj Net
Profit
11.11.90.70.5-0.60.3-0.52.32.93
Cash Flow from Ops. 00.63.83.53.23.73.43.25.57.6-
Debt/CF from Ops. 00.20.81.71.43.43.22.81.70.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA-0.8%4.3%13.3%
Adj EPS 12.9%44.3%108.3%25.8%
BVPS11.1%8.1%14.9%26.5%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
5.55.79.43.12.1-2.71.5-2.210.411.812.5
Op. Profit
Mgn %
024.430.423.218.718.737.136.948.948.722.9
Net Profit
Mgn %
01117.76.64.3-4.73.5-925.328.128.2
Debt to
Equity
000.40.70.51.41.210.90.4-
Working Cap
Days
01041051071261522453711421120
Cash Conv.
Cycle
0-10-13-17-27-19-23-27-20-250

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 12.50%

Net Profit is growing at healthy rate in last 3 years 108.29%

Debt to equity has declined versus last 3 years average to 0.44

Sales growth is good in last 4 quarters at 18.42%

Sales growth has been subdued in last 3 years 4.29%

Latest Financials - Saj Hotels Ltd.

Standalone Consolidated
TTM EPS (₹) 1.8 2.1
TTM Sales (₹ Cr.) 10.3 14.3
BVPS (₹.) 17.1 10
Reserves (₹ Cr.) 12 -
P/BV 4.29 7.34
PE 40.82 34.29
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 118
Equity (₹ Cr.) 16.1
Face Value (₹) 10
Industry PE 61.6

Management X-Ray of Saj Hotels:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

No data found!

Key Ratios of Saj Hotels

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales0101110111295910
Operating Expenses 07789106355
Manufacturing Costs0322231112
Material Costs0111111011
Employee Cost 0223332122
Other Costs 0112322111
Operating Profit 0232223245
Operating Profit Margin (%) -24.4%30.3%23.2%18.7%18.7%36.8%36.2%48.9%48.7%
Other Income 2000000000
Interest 0001111110
Depreciation 1101122111
Exceptional Items 0000000000
Profit Before Tax 1231001034
Tax 1110000011
Profit After Tax 11210-10023
PAT Margin (%) -11.0%17.7%6.6%4.3%-4.6%3.4%-9.4%25.3%28.2%
Adjusted EPS (₹)0.80.91.60.60.4-0.50.3-0.41.92.4
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 18192121222122212326
Share Capital 2222222222
Reserves 16171819191919192124
Minority Interest0000000000
Debt00343109796
Long Term Debt0023297320
Short Term Debt0011122476
Trade Payables0000111001
Others Liabilities 1113544437
Total Liabilities 19202629313635323639

Fixed Assets

Gross Block24242533334141414251
Accumulated Depreciation89910101213141517
Net Fixed Assets16161523233028272735
CWIP 0071400051
Investments 0000011110
Inventories0000000000
Trade Receivables0000000000
Cash Equivalents 1102000100
Others Assets2333466433
Total Assets 19202629313635323639

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'13Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 0144343358
PBT 0231001034
Adjustment 0111233211
Changes in Working Capital 0-111120123
Tax Paid 0-1-100000-1-1
Cash Flow From Investing Activity 00-7-2-3-900-6-5
Capex 000-2-3-900-1-9
Net Investments 00000-10000
Others 00-700000-54
Cash Flow From Financing Activity 0030-25-3-32-3
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0021-17-2-4-1-2
Interest Paid 000-1-1-1-1-100
Dividend Paid 0000000000
Others 001100023-1
Net Cash Flow 00-12-200010
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)8.621825.537.595.01-6.293.43-5.3723.4423.35
ROCE (%)12.9428.0632.3815.3910.486.639.775.4318.4419.76
Asset Turnover Ratio00.490.470.360.360.370.250.150.270.27
PAT to CFO Conversion(x)0124N/AN/AN/AN/A2.52.67
Working Capital Days
Receivable Days011147111652
Inventory Days0111112212
Payable Days07779100201193279502227255

Saj Hotels Ltd Stock News

Saj Hotels Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Saj Hotels on 01-Jan-1970 05:30 is ₹0.00.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jan-1970 05:30 the market cap of Saj Hotels stood at ₹118.4.
The latest P/E ratio of Saj Hotels as of 01-Jan-1970 05:30 is 40.82.
The latest P/B ratio of Saj Hotels as of 01-Jan-1970 05:30 is 4.29.
The 52-week high of Saj Hotels is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Saj Hotels is ₹10.30 ( Cr.) .

About Saj Hotels Ltd

Saj Hotels Limited was originally incorporated as a private limited company under the provisions of the Companies Act, 1956 pursuant to Certificate of Incorporation issued by Registrar of Companies, Maharashtra at Bombay dated February 4, 1981 with the name ‘Saj Hotels Private Limited’. The company is in hospitality sector since the date of incorporation. The company was converted from a private limited company to Public Limited Company pursuant to Special Resolution passed at the Extra-ordinary General Meeting by the shareholders of the Company on October 5, 2023 and the name of the company was changed to ‘Saj Hotels Limited’. A fresh certificate of incorporation consequent to conversion was issued on November 3, 2023 by the Registrar of Companies.

Saj Hotels is engaged in Hospitality industry. It provides a diverse portfolio of Business-to-Business (B2B), Business-to-Business-to-Customer (B2B2C) and Business-to-Customer (B2C) hospitality offerings, spanning from traditional resort accommodation to villa rentals and restaurant and bar properties. It focuses on providing comprehensive services to guests, including food and beverage options, recreational facilities and event hosting capabilities, reflecting a commitment to ensuring a memorable experience for its visitors.

The company offers a range of accommodation options across various destinations, each tailored to provide comfort and convenience. Its resorts have well-appointed rooms and suites, complemented by a variety of dining venues including restaurants, bars and in-room dining services. Its dedicated team provides personalized concierge assistance, access to rejuvenating spa facilities, and a host of recreational activities to ensure a memorable stay for every visitor. The company’s resorts serve as versatile event venues, equipped to host a wide array of gatherings including conferences, weddings, and social events. With comprehensive event planning and management services, it ensures seamless execution and unforgettable experiences for its clients and their guests. 

Business area of the company

Saj Hotels is engaged in Hospitality industry. It provides a diverse portfolio of B2B, B2B2C and B2C hospitality offerings, spanning from traditional resort accommodation to villa rentals and restaurant and bar properties.

History and milestones

  • 1981: Incorporation of the company and acquisition of Saj Resorts (Now, Saj On the Mountain, Mahabaleshwar).
  • 2016: Acquisition and commencement of resort- Saj by the Lake, Malshej (SBTL).
  • 2018: Lease deed with Mahindra Holidays & Resorts India Limited for the resort- Saj on the Mountains, Mahabaleshwar (SOTM).
  • 2018: Entered into partnership in Coast to Coast Hospitality and Lifestyle LLP.
  • 2020: Investment in Perhaps Foods Private Limited (Subsidiary).
  • 2021: Investment in My Own Rooms Dot In Private Limited (50% Associate).
  • 2023: Disinvestment from Perhaps Foods Private Limited (Subsidiary).
  • 2023: Resignation from partnership in Coast to Coast Hospitality and Lifestyle LLP.
  • 2023: Excellence Award for Best Value Leisure Product at the BLTM (Business Leisure Travel MICE) Delhi.
  • 2023: Entered into ‘Agreement for Grant of permission to manage’ restaurant property located at Goa, with the Tamil Sunrise (proprietorship Kishore David Frederick).
  • 2023: Joint Venture for operation of Saj in the Forest, Pench with Shankar Lal Pradhan and SKS Farms & Hotels Private Limited for commencement of resort operations.
  • 2023: Conversion of Company from a Private Limited Company to a Public Limited Company.

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