The Board of Directors of the Company at their meeting held today i.e. on Tuesday, 10th February, 2026 had inter alia approved the Unaudited Standalone and Consolidated Financial Results ....
SAYAJIHOTL · price
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Sayaji Hotels reported weak Q3 FY26 (quarter ended Dec 2025) results, with standalone revenue from operations falling to Rs. 3,166.78 lakhs from Rs. 4,254.02 lakhs in Q2 FY26 and Rs. 4,393.96 lakhs in Q3 FY25, a YoY drop of roughly 28%. The company swung to a standalone pre-tax loss of Rs. (444.78) lakhs versus a profit of Rs. 588.63 lakhs a year ago, though post-tax it still showed a profit of Rs. 328.74 lakhs due to tax adjustments. On a consolidated basis, the loss widened sharply to Rs. (1,099.93) lakhs for the quarter, pulled down by a Rs. (210.61) lakh share of losses from associate Barbeque Nation Hospitality. Nine-month consolidated loss stood at Rs. (1,237.47) lakhs versus a profit of Rs. 937.61 lakhs in the same period last year. The board also appointed Mr. Kayum Razak Dhanani as an Additional Non-Executive Non-Independent Director; he is related to the existing Dhanani family directors on the board, including Managing Director Raoof Razak Dhanani.
The sharp revenue decline and swing to losses, especially the heavy drag from the Barbeque Nation associate, is negative for shareholders and likely to weigh on the stock in the near term. The appointment reinforces promoter-family control of the board, which is a governance signal investors should note.