Sayaji Hotels (SAYAJIHOTL) is loss-making over the last 12 months, losing ₹0.89 Cr, so a P/E ratio does not apply. Its share price on 6 Nov 2026 was ₹300.00, 18% below its 52-week high. Sales grew 9.0% a year over 3 years. Debt is 0.81× equity. It is a small-cap company with a market cap of ₹526 Cr, ranked 24th of 54 Lodging companies by market cap; the shares rose 116% over the past year.
- ₹300.00
- ₹308.00
- ₹300.00
- ₹300.00
- 303
Health check
- ReturnsAhead
+116.3% over a year, better than 7 of 7 peers.
- Price tagLoss-making
Earnings were negative over the last 12 months.
- GrowthUnder pressure
Sales +9.0% a year over 3 years, but loss-making now.
- ProfitabilityWeak
ROCE 4.1% vs peer median 16.2%.
- Balance sheetStretched
Debt 0.81× equity, interest covered 0.8×.
- Red flags4 to check
Loss-making over the last twelve months.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹526 Cr
- Small cap
- P/E
- n/a
- Industry 28.0
- Price to book
- 3.38
- Peers 4.46
- Dividend yield
- 0.00%
- ROE
- −4.0%
- Peers 16.5%
- ROCE
- 4.1%
- Peers 16.2%
- Debt to equity
- 0.81
- Debt ₹126 Cr
- EPS (TTM)
- −₹0.50
- Face value ₹10
- OPM (TTM)
- 24.9%
- Net margin −0.7%
- Sales growth
- −43.7%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 3.94
- EV/EBITDA 16.3
Strengths and risks
Strengths
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Loss-making over the last twelve months.
- Return on equity is low at −4.0%.
- Quarterly sales down 43.7% on a year ago.
- Interest coverage of only 2.9×.
About Sayaji Hotels
Sayaji Hotels Limited engages in owning, operating, and managing hotels in India. It operates hotels under the Sayaji, Effotel, Enrise, Sayaji Resorts & Spa, and The Forest Chapter brands. The company was incorporated in 1982 and is based in Indore, India.
- Headquarters
- Indore
- Employees
- 611
- Sector
- Consumer Cyclical
- ISIN
- INE318C01014
- Website
- sayajihotels.com
Price range
- Avg volume (3M)
- 227
- 1-year return
- plus 116.3%
- From 52-week high
- minus 17.9%
Peers · Lodging
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| INDHOTELIndian Hotels Co. | 888.00 | plus 1.49% | 1,26,401 | 57.2 | 9.27 | 17.4% | 16.5% | 32.9% | 18.6% | 27.6% | 0.37% | plus 17.7% |
| THELEELALeela Palaces Hotels & Resorts | 692.30 | plus 0.37% | 23,120 | 37.2 | 3.53 | 8.3% | 7.2% | 48.9% | 21.1% | – | 0.00% | plus 56.7% |
| EIHOTELEIH | 313.05 | plus 1.72% | 19,577 | 27.5 | 3.72 | 16.2% | 12.7% | 34.1% | 13.3% | 25.9% | 0.49% | minus 22.9% |
| CHALETChalet Hotels | 810.70 | minus 1.52% | 17,754 | 30.1 | 4.46 | 16.6% | 19.1% | 44.1% | 34.9% | 52.1% | 0.24% | minus 14.4% |
| VENTIVEVentive Hospitality | 540.55 | plus 1.53% | 12,624 | 28.0 | 2.23 | 9.7% | 8.3% | 43.2% | 13.0% | – | 0.00% | minus 27.8% |
| LEMONTREELemon Tree Hotels | 117.39 | minus 0.12% | 9,295 | 39.5 | 6.16 | 13.5% | 17.8% | 47.5% | 16.3% | 25.6% | 0.00% | minus 30.0% |
| ITDCIndia Tourism Development Corporation | 630.65 | minus 0.30% | 5,409 | 65.6 | 12.80 | 26.6% | 21.1% | 17.0% | 4.6% | 14.5% | 0.47% | plus 3.2% |
| SAYAJIHOTLSayaji Hotels | 300.00 | 0.00% | 526 | – | 3.38 | – | −0.6% | −8.2% | 9.0% | – | 0.00% | plus 116.3% |
| Median of 7 peers | – | 0.37% | 17,754 | 37.2 | 4.46 | 16.2% | 16.5% | 43.2% | 16.3% | 25.9% | 0.24% | −14.4% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 35.5 | 31.7 | 43.9 | 37.6 | 20 | |
| 31.2 | 27.1 | 29.2 | 26.4 | 17.3 | |
| 4.3 | 4.5 | 14.7 | 11.3 | 2.7 | |
| 12.2% | 14.4% | 33.5% | 29.9% | 13.3% | |
| 0 | −5.8 | −1.4 | −1.8 | 4.8 | |
| 3.4 | 3.3 | 3.4 | 3.5 | 2.6 | |
| 6.1 | 6.4 | 6.1 | 7.3 | 4.3 | |
| – | – | – | 11.1 | – | |
| −5.2 | −11 | 3.8 | 9.8 | 0.6 | |
| 0.6% | 10.4% | 31.8% | 38.0% | 46.7% | |
| −5.1 | −9.8 | 2.6 | 6.1 | 0.3 | |
| -2.93 | -5.62 | 1.49 | 3.46 | 0.17 |
Profit & loss
- Sales CAGR 3Y
- +9.0%
- ROE
- −4.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 115 | 112 | 138 | 149 | |
| – | minus 2.8% | +23.7% | +7.6% | |
| 70.6 | 73.6 | 103 | 110 | |
| 44.4 | 38.1 | 35.5 | 39.2 | |
| 38.6% | 34.1% | 25.7% | 26.4% | |
| 5.6 | −0.7 | −4.9 | −14.7 | |
| 5.9 | 6.3 | 10.4 | 13.6 | |
| 20.2 | 11.4 | 15.3 | 25.9 | |
| −0.6 | −0.5 | 0.1 | 12.3 | |
| 23.4 | 19.2 | 5 | −2.6 | |
| 54.9% | 25.4% | 58.6% | −146.1% | |
| 35.1 | 14.3 | 2.1 | −6.3 | |
| – | minus 59.1% | minus 85.5% | minus 404.4% | |
| 18.66 | 8.18 | 1.18 | -3.61 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 17.5 | 17.5 | 17.5 | 17.5 | |
| 231 | 141 | 142 | 138 | |
| 79.8 | 55 | 150 | 127 | |
| 42.4 | 15.1 | 21.8 | 22.6 | |
| 371 | 229 | 332 | 305 | |
| 160 | 52.2 | 156 | 142 | |
| 10.6 | 1.1 | 1.8 | 8.2 | |
| 0 | 0 | 0 | 5.3 | |
| 11.4 | 13.1 | 4.6 | 9.2 | |
| 189 | 162 | 169 | 140 | |
| 371 | 229 | 332 | 305 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 37.5 | 47.3 | 28.1 | 44.1 | |
| −10.3 | 5.1 | −33.3 | −33.1 | |
| −52.5 | −51.1 | 6.7 | −11.9 | |
| −25.3 | 1.3 | 1.6 | −0.9 | |
| −4.1 | −0.5 | −40 | −33.3 | |
| 33.5 | 46.8 | −11.9 | 10.7 | |
| – | −8.9 | – | – |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.