Saj Hotels
- Market cap
- ₹ 44 Cr.
- P/E
- 24.9x
- P/B
- 0.36x
- 52-week range
- 24.8 – 67
- ROE
- 2%
- ROCE
- 5%
- Debt / equity
- 0.19
- Sector
- Leisure Services
- Industry
- Hotels & Resorts
- Listed on
- NSE SME
About
Saj Hotels Ltd is an India-based company, which is engaged in the hospitality industry. The Company is engaged in providing a diverse portfolio of business-to-business (B2B), business-to-business-to-customer (B2B2C) and business-to-customer (B2C) hospitality offerings, spanning from traditional resort accommodation to villa rentals and restaurant and bar properties. The Company is focused on providing comprehensive services to guests, including food and beverage options, recreational facilities, and event hosting capabilities. It offers a range of accommodation options across various destinations, each tailored to provide comfort and convenience. The Company’s resorts have rooms and suites, complemented by a variety of dining venues including restaurants, bars and in-room dining services. Its resorts serve as versatile event venues, equipped to host a wide array of gatherings, including conferences, weddings, and social events.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Hotels & Resorts: 74 companies →Saj Hotels against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)24.9 against a typical 25.5: cheaper than most peers (1st = cheapest).34th of 74
- Sales growth−1.5% against a typical +10.3% from a year earlier.56th of 70
- Profit growth−5.6% against a typical +17.9% from a year earlier.33rd of 50
- Share price, 3 months−26.6% against a typical −7.9%.66th of 67
- Size₹ 43.5 Cr. market value against a typical ₹ 232.8 Cr. (1st = largest).47th of 64
Latest announcements
Exchange filings and their impact on the company.
- 27 Oct 2026Outcome of Board MeetingMedium impactNegativeH1 swung to Rs 0.4cr loss as flagship resort shut for renovation, with recovery guided by end-Q3.
Saj Hotels reported a net loss of Rs 0.40 crore in the half year to September 2026 versus a Rs 0.90 crore profit last year, on revenue of Rs 7.37 crore down 3.5%. The company said it ended its lease with Mahindra Holidays for the Mahabaleshwar resort to operate it itself, and kept much of it shut for renovation, so fixed costs continued. Management expects operations to resume by end of the third quarter with better occupancy and tariffs, while Rs 7.27 crore of IPO money is still left for the expansion.
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 27 Oct 2026 | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 1 Aug 2026 | Other business matters | To consider other business matters |
| 5 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 10 Feb 2026 | Other business matters | To consider and approve the Un-Audited Financial Results of the Company for the quarter ended on December 31, 2025. |
| 14 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 12 Aug 2025 | Board Meeting Intimation | SAJ HOTELS LIMITED has informed the Exchange about Board Meeting to be held on 12-Aug-2025 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended June 2025 . |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Dec 2023 | Mar 2024 | Jun 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 4 | 4 | 3 | 5 | 5 | 4 | 4 | 5 | 5 |
| Expenses | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 |
| Operating Profit | −1 | 1 | 1 | 2 | 1 | 0 | 1 | 2 | 2 |
| OPM % | −16.2% | 40.5% | 32.2% | 33.8% | 31.4% | 7.9% | 33.9% | 37.6% | 41.9% |
| Other Income | 0 | 4 | 0 | 1 | 0 | 1 | 1 | 1 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 1 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
| Profit before tax | −1 | 4 | 1 | 2 | 1 | 0 | 1 | 2 | 1 |
| Tax % | −7.5% | 6.3% | 45% | 37.7% | 35.7% | 53.9% | 26.3% | 32.9% | 32.8% |
| Net Profit | −1 | 4 | 0 | 1 | 1 | 0 | 1 | 1 | 1 |
| EPS in Rs | −0.72 | 3.39 | 0.28 | 0.74 | 0.56 | 0.04 | 0.52 | 0.63 | 0.53 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 16%
- 3 Years
- 10%
- TTM
- 0%
- 10 Years
- —
- 5 Years
- 35%
- 3 Years
- 74%
- TTM
- −26%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 3%
- 3 Years
- 3%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Saj Hotels | ₹ 27.00 | ₹ 44 Cr. | 24.9x | 0.4x | 2% | — |
| ITC Hotels | ₹ 156.05 | ₹ 32,505 Cr. | 37.5x | 2.8x | — | 20.4% |
| Chalet Hotels | ₹ 790.00 | ₹ 17,306 Cr. | 30.4x | 5.3x | — | 22.1% |
| Leela Palaces Hotels & Resorts | ₹ 575.10 | ₹ 19,317 Cr. | 45.2x | 3x | — | 27.6% |
| EIH | ₹ 290.25 | ₹ 18,151 Cr. | 28.4x | 3.4x | — | 24.5% |
| Ventive Hospitality | ₹ 558.20 | ₹ 13,049 Cr. | 31.3x | 2.5x | — | 23.6% |
Management
- Rahul Maganlal Timbadia
- Non-Executive Chairman of the Board
- Usha Manish Ghelani
- Chief Financial Officer
- Karna Kartik Timbadia
- Managing Director, Executive Director
- Parth Rahul Timbadia
- Non-Independent Executive Director
- Kartik Maganlal Timbadia
- Non-Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.