SAYAJIHOTLBSESayaji Hotels LtdMediumNeutral
Announced Tue, 10 Feb · 17:51 IST

The Board of Directors of the Company at their meeting held today i.e. 10th February, 2026 had inter alia considered and approved the Unaudited Standalone and Consolidated Financial Results ....

Promoter Family Board EntryManagement Changes View source PDF

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Awaiting price reaction for this filing.

AI summary

Sayaji Hotels Ltd's board, at a brief 10-minute meeting on 10 February 2026, approved the unaudited standalone and consolidated financial results for the quarter and nine months ended 31 December 2025. Standalone revenue from operations fell sharply to Rs 3,166.78 lakhs in Q3 FY26 from Rs 4,393.96 lakhs a year ago, and the company swung to a standalone loss of Rs 328.74 lakhs versus a profit of Rs 467.99 lakhs in Q3 FY25; nine-month standalone profit dropped to Rs 110.41 lakhs from Rs 850.98 lakhs. The consolidated picture is weaker, with a nine-month loss attributable to owners of Rs 1,237.42 lakhs, largely dragged down by the company's share of losses from associate Barbeque Nation Hospitality. Separately, Mr. Kayum Razak Dhanani was appointed as an Additional Non-Executive Non-Independent Director; he is a family member of existing directors including Managing Director Raoof Razak Dhanani.

Likely market impact

Sharp year-on-year deterioration in standalone profitability and consolidated losses amplified by the Barbeque Nation associate drag are negative signals for near-term earnings. The addition of a promoter-family director further entrenches promoter control on the board without adding independent oversight.