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Sayaji Hotels Ltd (SAYAJIHOTL)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 523710 NSE: SAYAJIHOTL Hotel, Resort & Restaurants | Small Cap | Sayaji Hotels Share Price
₹325 -2.00 (-0.61%)
As on 14-Aug'26 16:59
Sayaji Hotels Ltd (SAYAJIHOTL)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 523710 NSE: SAYAJIHOTL Hotel, Resort & Restaurants | Small Cap | Sayaji Hotels Share Price
₹325 -2.00 (-0.61%)
As on 14-Aug'26 16:59
Key Metrics
Valuation Multiples
Market Cap
₹569 Cr.
Current Price
₹325
52-Week Low / High
₹250 / 329
TTM EPS
₹6.1
TTM Sales
₹133 Cr.
Book Value per Share
₹38.1
P/E Ratio
53.08
Higher than its 5-year historical median
Industry PE
39.2
Price to Book (P/B)
8.53
In line with its 5-year historical median
Price to Sales (P/S)
4.27
Higher than its 5-year historical median
EV/EBITDA
14.96
Higher than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
17.96%
Outperforms industry median
Return on Capital Employed (ROCE)
28.66%
Outperforms industry median
Return on Assets (ROA)
5.11%
Operating Profit Margin
26.2%
Net Profit Margin
7.45%
Gross Profit Margin
19.9%
Growth Momentum
1-yr vs 3-yr growth
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
7.59%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
9.85%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
8.62%
Asset Quality
Promoter Holding
66.82%
Pledged shares (%) of Promoter's holding (%)
2.56%
Reserves
₹49 Cr.
Equity
₹17.5 Cr.
Face Value
₹10
All Time Low / High
₹1.00 / 456.65
Check Before You Invest
Quality
Very GoodValuation
Somewhat OvervaluedCheck Valuation charts
Price Trend
Strong
Is Sayaji Hotels Ltd a good quality company?
Sayaji Hotels Ltd is a good quality company, based on a consistently good multi-year financial track record.
This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.
We have analysed the performance of the company on the following:
-
How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
-
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
-
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.
How does Sayaji Hotels Ltd performance compare with that of its Peers?
Revenue growth of Sayaji Hotels Ltd vs industry peers?
Sayaji Hotels Ltd revenue CAGR is 14.63%, compared to the industry median CAGR of 7.54%, indicating faster growth and gaining its market share.
Promoter shareholding and pledge status of Sayaji Hotels Ltd?
Promoters hold 66.82% of the Sayaji Hotels Ltd, with 2.56% of their stake pledged, indicating low pledge risk.
Stock return of Sayaji Hotels Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 9% based on the current price.
10 Year X-Ray :
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 endData adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
What is a Financial Track Record? How to read this chart in order to understand the data present here?
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.
Sayaji Hotels Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good
Value Creation ⓘ
| Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 4.5% | 5.3% | 8.8% | 10.8% | -4.6% | 38.9% | 59% | 29.7% | 35% | 28.7% | - |
| Value Creation Index ⓘ | -0.7 | -0.6 | -0.4 | -0.2 | -1.3 | 1.8 | 3.2 | 1.1 | 1.5 | 1.1 | - |
Growth Parameters ⓘ |
|||||||||||
| Sales ⓘ | 158 | 192 | 218 | 210 | 75.2 | 161 | 263 | 112 | 138 | 149 | 133 |
| Sales YoY Gr. | - | 21.4% | 14% | -3.9% | -64.2% | 114.3% | 63.6% | -57.6% | 23.7% | 7.6% | - |
| Adj EPS ⓘ | -3.4 | -2.4 | -0.5 | 0.9 | -12.4 | 15.1 | 31.5 | 10.4 | 5.8 | 1.3 | 6.1 |
| YoY Gr. | - | NA | NA | NA | -1558.8% | NA | 108.3% | -66.9% | -43.9% | -77.2% | - |
| BVPS (₹) ⓘ | 45.4 | 43.3 | 41.6 | 44.2 | 32.7 | 48.5 | 79.8 | 26.4 | 32 | 38.5 | 38.1 |
| Adj Net Profit ⓘ | -6 | -4.2 | -0.8 | 1.5 | -21.7 | 26.5 | 55.1 | 18.2 | 10.2 | 2.3 | 11 |
| Cash Flow from Ops. ⓘ | 32.2 | 25 | 36.1 | 42.4 | 14.3 | 37 | 32.7 | 47.6 | 28.2 | 44.5 | - |
| Debt/CF from Ops. ⓘ | 3.5 | 4.4 | 2.9 | 1.8 | 5.5 | 1.3 | 0.6 | 0 | 1.1 | 1 | - |
CAGR ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | -0.7% | 14.6% | -17.3% | 7.6% | ||||
| Adj EPS ⓘ | NA | NA | -65.2% | -77.2% | ||||
| BVPSⓘ | -1.8% | 3.3% | -21.6% | 20% | ||||
| Share Price | 9.5% | 5.8% | -3.3% | 8.7% | ||||
Key Financial Parameters ⓘ
| Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | -6.6 | -5.5 | -1.1 | 2 | -32.2 | 37.2 | 49 | 19.6 | 20 | 3.8 | 16 |
| Op. Profit Mgn % ⓘ | 18.2 | 14.6 | 16.9 | 23 | 15.2 | 29.3 | 29 | 33.3 | 25.6 | 26.2 | 24.9 |
| Net Profit Mgn % ⓘ | -3.8 | -2.2 | -0.4 | 0.7 | -28.9 | 16.4 | 20.9 | 16.3 | 7.4 | 1.6 | 8.1 |
| Debt to Equity ⓘ | 1.4 | 1.5 | 1.5 | 1 | 1.4 | 0.6 | 0.1 | 0 | 0.6 | 0.7 | - |
| Working Cap Days ⓘ | 105 | 90 | 96 | 98 | 232 | 111 | 84 | 180 | 129 | 132 | 53 |
| Cash Conv. Cycle ⓘ | 26 | 22 | 20 | 19 | 51 | 11 | 3 | 3 | 14 | 33 | -74 |
Valuation of Sayaji Hotels - Standalone
Analyst's Notes
No data found!
Management X-Ray
Shareholding Pattern
Promoter's Holding & Share Pledging
| Pledged * | 17.14 | 9.71 | 9.71 | 9.71 | 9.71 | 8.45 | 8.45 | 2.56 | 2.56 | 2.56 |
* Pledged shares as % of Promoter's holding (%)
Financials
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 158 | 192 | 218 | 210 | 75 | 161 | 263 | 112 | 138 | 149 |
| Operating Expenses ⓘ + | 129 | 164 | 183 | 162 | 64 | 114 | 187 | 75 | 103 | 110 |
| Operating Profit ⓘ | 28 | 28 | 35 | 48 | 11 | 47 | 76 | 37 | 35 | 39 |
| Operating Profit Margin (%) | 18.0% | 14.6% | 16.2% | 23.0% | 15.2% | 29.3% | 29.0% | 33.3% | 25.6% | 26.2% |
| Other Income ⓘ + | 1 | 2 | 2 | 3 | 8 | 28 | 29 | 5 | 3 | 4 |
| Interest ⓘ | 16 | 14 | 16 | 22 | 20 | 18 | 12 | 7 | 10 | 14 |
| Depreciation ⓘ | 21 | 20 | 20 | 29 | 26 | 23 | 20 | 11 | 15 | 26 |
| Profit Before Tax ⓘ | -7 | -4 | 0 | -4 | -27 | 34 | 74 | 23 | 13 | 15 |
| Tax ⓘ | -1 | 0 | 3 | -2 | -5 | 7 | 19 | 5 | 3 | 4 |
| Profit After Tax | -6 | -4 | -3 | -2 | -22 | 26 | 55 | 18 | 10 | 11 |
| PAT Margin (%) | -4.0% | -2.2% | -1.4% | -0.9% | -28.9% | 16.4% | 20.9% | 16.3% | 7.4% | 7.5% |
| Adjusted EPS (₹) | -3.6 | -2.4 | -1.8 | -1.0 | -12.4 | 15.1 | 31.5 | 10.4 | 5.8 | 6.3 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | |||||||||||
| Shareholders Fund + | 79 | 76 | 73 | 77 | 57 | 85 | 140 | 46 | 56 | 67 | |
| Debt + | 96 | 98 | 89 | 66 | 66 | 41 | 19 | 0 | 30 | 37 | |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Trade Payables | 8 | 12 | 12 | 13 | 11 | 9 | 13 | 5 | 6 | 4 | |
| Others Liabilities ⓘ | 49 | 44 | 53 | 119 | 110 | 96 | 71 | 60 | 130 | 103 | |
| Total Liabilities ⓘ | 232 | 230 | 228 | 275 | 245 | 231 | 243 | 112 | 223 | 211 | |
Fixed Assets | |||||||||||
| Net Fixed Assets ⓘ + | 156 | 147 | 145 | 209 | 188 | 166 | 150 | 51 | 155 | 134 | |
| CWIP ⓘ | 0 | 0 | 2 | 0 | 0 | 0 | 1 | 1 | 1 | 7 | |
| Investments ⓘ | 20 | 20 | 13 | 13 | 7 | 7 | 14 | 16 | 6 | 14 | |
| Inventories | 14 | 17 | 19 | 19 | 16 | 10 | 9 | 3 | 6 | 6 | |
| Trade Receivables | 6 | 9 | 9 | 5 | 3 | 7 | 10 | 7 | 10 | 17 | |
| Cash Equivalents | 14 | 12 | 4 | 4 | 3 | 7 | 8 | 3 | 4 | 5 | |
| Others Assets ⓘ | 22 | 25 | 36 | 25 | 27 | 35 | 51 | 31 | 40 | 28 | |
| Total Assets ⓘ | 232 | 230 | 228 | 275 | 245 | 231 | 243 | 112 | 223 | 211 | |
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ + | 32 | 25 | 36 | 42 | 14 | 37 | 33 | 48 | 28 | 44 |
| Cash Flow From Investing Activity ⓘ + | -7 | -11 | -19 | -3 | 5 | 23 | 14 | 5 | -33 | -33 |
| Cash Flow From Financing Activity ⓘ + | -12 | -14 | -28 | -35 | -25 | -51 | -52 | -51 | 7 | -12 |
| Net Cash Flow ⓘ | 14 | -0 | -11 | 5 | -6 | 9 | -5 | 1 | 1 | -1 |
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | -7.29 | -5.45 | -4.16 | -2.39 | -32.25 | 37.18 | 49.02 | 19.58 | 19.96 | 17.96 |
| ROCE (%) | 4.51 | 5.31 | 8.77 | 10.82 | -4.55 | 38.91 | 58.96 | 29.66 | 35.02 | 28.66 |
| Asset Turnover Ratio | 0.67 | 0.83 | 0.95 | 0.83 | 0.29 | 0.68 | 1.11 | 0.63 | 0.83 | 0.69 |
| PAT to CFO Conversion(x) | N/A | N/A | N/A | N/A | N/A | 1.42 | 0.6 | 2.67 | 2.8 | 4 |
| Working Capital Days | ||||||||||
| Receivable Days | 17.80 | 14.30 | 14.80 | 12.20 | 20.60 | 11.40 | 11.20 | 27.20 | 22.80 | 33.20 |
| Inventory Days | 33.50 | 29.90 | 29.90 | 32.50 | 84.10 | 29.40 | 13 | 18.70 | 12 | 15.20 |
| Payable Days | 94.70 | 85.60 | 99.60 | 108.80 | 290.20 | 130.30 | 83.50 | 197.90 | 97.30 | 90.80 |
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Sayaji Hotels Ltd FAQs
The current trading price of Sayaji Hotels on 14-Aug-2026 16:59 is ₹325.0.
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 13-Aug-2026 the market cap of Sayaji Hotels stood at ₹569.3 Cr
The latest P/E ratio of Sayaji Hotels as of 13-Aug-2026 is 53.08.
The latest P/B ratio of Sayaji Hotels as of 13-Aug-2026 is 8.53.
The 52-week high of Sayaji Hotels is ₹329.0 and the 52-week low is ₹250.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sayaji Hotels is ₹133 ( Cr.) .
Past 10 year's financial track record analysis by Moneyworks4me indicates that Sayaji Hotels Ltd is a good quality company.
The key valuation ratios of Sayaji Hotels Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Sayaji Hotels Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing
About Sayaji Hotels Ltd
Located in Indore, Central India’s finance capital, Sayaji Hotel reflects the city’s spirit in a harmonious blend of tradition and contemporary sophistication. What sets us apart from other business hotels is our personal service, attention to detail and ability to cater to your business needs. Exquisite interiors, impeccable service and fine cuisine combine to make this the Central India's most graceful and elegant hotel. Ideal for business travel or holidays to explore the cultural wonders in central India & Indore.
Sayaji Hotels has transferred the company’s brand name ‘Barbeque-Nations’ to wholly owned subsidiary, Barbeque-Nations Hospitality (BNHL). Both the company has inked an agreement in this regard.
Sayaji Hotels has also entered into a separate agreement with BNHL whereby it has transferred the operating rights of all the five `Barbeque-Nations` restaurants owned by the company to BNHL. Thus, BNHL would henceforth operate all the restaurants under the name `Barbeque Nations` across the country, including 11 restaurants owned by it.
Services offered by the company at its hotels:
- Banquets
- Dining
- Portico - The Coffee Shop
- Kebabsville - Pool Side Grille & Barbeque
- Sanchi - Specialty Dum Pukht Restaurant
- Go Bananas - Fast Food, Bakery & Mexican
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