Assembled from the company's filings and exchange data as of today. Download PDF renders this page on the server; the narrative sections arrive with the Nexa composer.
Dossier · Sayaji Hotels (Indore) Limited · 22 September 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
Sayaji Hotels (Indore) Limited
BSE: 544080
BSE: 544080
Consumer Discretionary › Consumer Services › Leisure Services › Hotels & Resorts
Sayaji Hotels (Indore) Limited
StateQ4 FY26 filed
Last close · 20 Sept 2026₹1,324.50
Market cap₹0.4k cr
TTM P/E · P/B · EV/EBITDA50.4 · 5.75 · 22.1
Sayaji Hotels (Indore) Limited is a Leisure Services company. The annual-report business brief for this company has not been generated yet; the numbers below are as filed.
What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.
Exhibit 1: Financial summary, FY24–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 96 | 106 | 107 |
| EBITDA (ex other income) | 19 | 26 | 22 |
| margin % | 20.3 | 24.4 | 21.0 |
| Owners' profit | 7 | 11 | 8 |
| EPS, as reported (₹) | 23.58 | 34.70 | 26.28 |
| ROE % · ROCE % | 13.8 · 17.4 | 16.9 · 18.8 | 11.4 · 8.5 |
| Debt / equity (x) | 0.40 | 0.47 | 1.55 |
| Cash from operations | 18 | 25 | 16 |
| Capex | (20) | (31) | (75) |
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · Sayaji Hotels (Indore) Limited · 22 September 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 24 | 22 | 30 | 30 | 24 | 21 | 32 | 30 |
| Profit before tax | 2 | 1 | 5 | 5 | 2 | 0 | 8 | 0 |
| Net profit | 2 | (0) | 5 | 4 | 2 | 0 | 6 | 0 |
| EPS (₹) | 5.35 | (0.07) | 14.88 | 14.54 | 5.86 | 0.58 | 19.27 | 0.58 |
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| THE INDIAN HOTELS CO. LTD | 1,06,186 | 49.5 | 7.11 | 28.2 | 15.0 | 16.2 | 43.8 | 32.2 |
| ITC HOTELS LIMITED | 32,584 | 37.6 | 2.79 | 21.2 | 7.0 | 9.0 | — | 37.5 |
| EIH LIMITED | 19,195 | 27.0 | 3.55 | 18.0 | 12.2 | 14.9 | 42.7 | 31.6 |
| CHALET HOTELS LIMITED | 18,833 | 35.6 | 5.09 | 17.1 | 17.4 | 13.6 | 56.6 | 45.5 |
| LEELA PALACES HOTEL LTD | 17,902 | 29.6 | 2.77 | 24.0 | 6.2 | 5.9 | — | 43.2 |
| VENTIVE HOSPITALITY LTD | 13,027 | 27.2 | 1.93 | 11.5 | 7.4 | 7.4 | — | 37.7 |
| LEMON TREE HOTELS LTD | 8,391 | 35.7 | 4.04 | 15.5 | 13.9 | 9.2 | 41.8 | 44.1 |
| INDIA TOUR. DEV. CO. LTD. | 5,599 | 68.3 | 13.63 | 45.7 | 20.0 | 26.6 | 24.7 | 17.2 |
Source: exchange data and filed statements via the screener; multiples at current prices.
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 50.4 | 25.1 | 52 of 60 | 14% |
| P/B | 5.8 | 1.7 | 52 of 57 | 9% |
| ROCE | 5.4 | 4.9 | 31 of 65 | 53% |
| ROE | 11.4 | 6.4 | 19 of 59 | 69% |
| Debt / Equity | 1.6 | 0.2 | 53 of 59 | 10% |
| EBITDA margin | 11.3 | 29.5 | 49 of 58 | 16% |
| Revenue growth | 0.3 | 7.6 | 43 of 58 | 26% |
| Profit growth | (96.0) | 11.6 | 48 of 55 | 13% |
| Market cap | 404 | 258 | 29 of 66 | 57% |
Source: MarketPing peer ranks; a rank is a measurement, not a view.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · Sayaji Hotels (Indore) Limited · 22 September 2026Page 3 of 3
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 19 Sept 2026 · Postal Ballot notice published in newspapers for shareholder approval | compliance | minimal | — | — |
| 18 Sept 2026 · Postal Ballot: Borrowing limit hike to Rs.500 Cr and material RPT approval | board shareholder meetings | low | — | — |
| 16 Sept 2026 · Appoints new Company Secretary and Compliance Officer effective October 1, 2026 | management changes | medium | — | — |
| 16 Sept 2026 · Board approves new Company Secretary, higher borrowing limits, related party deals | management changes | medium | — | — |
| 23 Aug 2026 · Excise Department suspends hotel bar licence; HC stays FSSAI order | regulatory legal | high | — | — |
| 22 Aug 2026 · FSSAI order on Indore unit stayed by Madhya Pradesh High Court | regulatory legal | high | — | — |
| 22 Aug 2026 · FSSAI orders partial licence suspension at Sayaji Hotel Indore | regulatory legal | high | — | — |
| 22 Aug 2026 · Appointment of Mohammed Yusuf Abdul Razak Dhanani as Non-Executive Director | management changes | medium | — | — |
| 22 Aug 2026 · Sayaji Hotels appoints DMJ & Partners as Secretarial Auditor for 5 years | management changes | medium | — | — |
| 22 Aug 2026 · Sayaji Hotels Indore AGM: All 5 resolutions passed, borrowing limit raised to Rs 250 Cr | board shareholder meetings | low | — | — |
Source: exchange announcements; reaction = close-to-close from the filing's session.
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in