Sayaji Hotels
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Sayaji Hotels’ board approved a corporate guarantee of ₹50 crore in favour of Axis Bank to secure a term loan for group company VICON Imperial (I) Private Limited. The borrower is 51% owned by promoters of Sayaji Hotels, and the transaction is on an arm’s length basis. The guarantee will be a contingent liability for Sayaji, though the company stated there is no immediate financial impact. Further details, including loan terms, are yet to be received from the bank.
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Sayaji Hotels’ board approved a corporate guarantee of ₹50 crore in favour of Axis Bank to secure a term loan for group company VICON Imperial (I) Private Limited. The borrower is 51% owned by promoters of Sayaji Hotels, and the transaction is on an arm’s length basis. The guarantee will be a contingent liability for Sayaji, though the company stated there is no immediate financial impact. Further details, including loan terms, are yet to be received from the bank.
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Sayaji Hotels promoter Azhar Yusuf Dhanani bought 622,165 shares (3.55% of equity) through open market on June 16, 2026, raising his stake from 4.82% to 8.37%. The acquisition, disclosed under SEBI takeover regulations, was executed at the prevailing market price. This filing does not disclose the exact price or total cost. The increased stake signals promoter confidence in the company's prospects amid recent expansion into wellness and management contracts. Sayaji Hotels, a nano-cap hospitality firm, has a market capitalisation of about ₹529 crore.
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Sayaji Hotels promoter Azhar Yusuf Dhanani bought 622,165 shares (3.55% of equity) through open market on June 16, 2026, raising his stake from 4.82% to 8.37%. The acquisition, disclosed under SEBI takeover regulations, was executed at the prevailing market price. This filing does not disclose the exact price or total cost. The increased stake signals promoter confidence in the company's prospects amid recent expansion into wellness and management contracts. Sayaji Hotels, a nano-cap hospitality firm, has a market capitalisation of about ₹529 crore.
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June 1 (Reuters) - Sayaji Hotels Ltd SAYH.BO:
SAYAJI HOTELS - ENTERS HOTEL MANAGEMENT AGREEMENT FOR PROPERTY AT TADOBA, CHANDRAPUR
Source text: ID:nBSE29NLMz
Further company coverage: SAYH.BO
(([email protected];))
June 1 (Reuters) - Sayaji Hotels Ltd SAYH.BO:
SAYAJI HOTELS - ENTERS HOTEL MANAGEMENT AGREEMENT FOR PROPERTY AT TADOBA, CHANDRAPUR
Source text: ID:nBSE29NLMz
Further company coverage: SAYH.BO
(([email protected];))
April 29 (Reuters) - Sayaji Hotels Ltd SAYH.BO:
SAYAJI HOTELS LTD - APPOINTS PUNEET KARADE AS CHIEF FINANCIAL OFFICER
Source text: ID:nBSEbfWjzx
Further company coverage: SAYH.BO
(([email protected];))
April 29 (Reuters) - Sayaji Hotels Ltd SAYH.BO:
SAYAJI HOTELS LTD - APPOINTS PUNEET KARADE AS CHIEF FINANCIAL OFFICER
Source text: ID:nBSEbfWjzx
Further company coverage: SAYH.BO
(([email protected];))
March 9 (Reuters) - Sayaji Hotels Ltd SAYH.BO:
ENTERS HOTEL MANAGEMENT AGREEMENT WITH VICON IMPERIAL (I)
Source text: ID:nBSEblzfx5
Further company coverage: SAYH.BO
(([email protected];;))
March 9 (Reuters) - Sayaji Hotels Ltd SAYH.BO:
ENTERS HOTEL MANAGEMENT AGREEMENT WITH VICON IMPERIAL (I)
Source text: ID:nBSEblzfx5
Further company coverage: SAYH.BO
(([email protected];;))
Dec 2 (Reuters) - Sayaji Hotels Ltd SAYH.BO:
SAYAJI HOTELS LTD - ENTERS AGREEMENT WITH RANJANGAON HOTEL
Source text: ID:nBSE8HQ7lH
Further company coverage: SAYH.BO
(([email protected];))
Dec 2 (Reuters) - Sayaji Hotels Ltd SAYH.BO:
SAYAJI HOTELS LTD - ENTERS AGREEMENT WITH RANJANGAON HOTEL
Source text: ID:nBSE8HQ7lH
Further company coverage: SAYH.BO
(([email protected];))
Sayaji Hotels Ltd SAYH.BO:
SAYAJI HOTELS LTD- RAOOF RAZAK DHANANI NAMED MD
Source text for Eikon: ID:nBSEbl9VFP
Further company coverage: SAYH.BO
Sayaji Hotels Ltd SAYH.BO:
SAYAJI HOTELS LTD- RAOOF RAZAK DHANANI NAMED MD
Source text for Eikon: ID:nBSEbl9VFP
Further company coverage: SAYH.BO
Aug 3 (Reuters) - Sayaji Hotels Ltd SAYH.BO:
APPROVED ISSUE OF 2.5 MILLION SHARES
Source text for Eikon: ID:nBSEwMcfm
Further company coverage: SAYH.BO
(([email protected];))
Aug 3 (Reuters) - Sayaji Hotels Ltd SAYH.BO:
APPROVED ISSUE OF 2.5 MILLION SHARES
Source text for Eikon: ID:nBSEwMcfm
Further company coverage: SAYH.BO
(([email protected];))
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What does Sayaji Hotels do?
Sayaji Hotels Ltd, based in Indore, Central India, offers a fusion of tradition and modernity in its services, including banquets, dining, and specialty restaurants.
Who are the competitors of Sayaji Hotels?
Sayaji Hotels major competitors are Kamat Hotels (India), HLV, Advani Hotel&Resorts, Sinclairs Hotels, UP Hotels, Apollo SindooriHotel, Asian Hotels (East). Market Cap of Sayaji Hotels is ₹543 Crs. While the median market cap of its peers are ₹484 Crs.
Is Sayaji Hotels financially stable compared to its competitors?
Sayaji Hotels seems to be less financially stable compared to its competitors. Altman Z score of Sayaji Hotels is 3.37 and is ranked 5 out of its 8 competitors.
Does Sayaji Hotels pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Sayaji Hotels latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Sayaji Hotels allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery
How strong is Sayaji Hotels balance sheet?
Balance sheet of Sayaji Hotels is strong. But short term working capital might become an issue for this company.
Is the profitablity of Sayaji Hotels improving?
The profit is oscillating. The profit of Sayaji Hotels is ₹11.23 Crs for TTM, ₹2.08 Crs for Mar 2025 and ₹14.34 Crs for Mar 2024.
Is the debt of Sayaji Hotels increasing or decreasing?
Yes, The net debt of Sayaji Hotels is increasing. Latest net debt of Sayaji Hotels is ₹39.16 Crs as of Mar-26. This is greater than Mar-25 when it was ₹23.01 Crs.
Is Sayaji Hotels stock expensive?
Sayaji Hotels is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of Sayaji Hotels is 47.16, while 3 year average PE is 59.09. Also latest EV/EBITDA of Sayaji Hotels is 14.44 while 3yr average is 12.12.
Has the share price of Sayaji Hotels grown faster than its competition?
Sayaji Hotels has given lower returns compared to its competitors. Sayaji Hotels has grown at ~8.23% over the last 10yrs while peers have grown at a median rate of 9.07%
Is the promoter bullish about Sayaji Hotels?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Sayaji Hotels is 66.82% and last quarter promoter holding is 66.82%.
Are mutual funds buying/selling Sayaji Hotels?
The mutual fund holding of Sayaji Hotels is stable. The current mutual fund holding in Sayaji Hotels is 0.02% while previous quarter holding is 0.02%.