Sayaji Hotels share price today

Sayaji Hotels Ltd's share price was ₹300.05 at the close on 4 November 2026. It has been rising for 18 weeks. That is 1.6% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹265 and ₹339, and at that close it sat 47% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Sayaji Hotels Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 2 weeks in a row.

Over the last 11 years the share price moved +168% while the NIFTY 500 moved +243%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

3 points on a year earlier.

1. Operating margin up 3.3 points on a year earlier

   13.3% in the June 2026 quarter, from 10%.

For April to June 2026 (the quarter ended 30 June 2026), Sayaji Hotels reported revenue of ₹20.0 crore, down 43.7% from ₹35.5 crore a year earlier, and a profit of ₹0.30 crore, against a loss of ₹5.13 crore a year earlier.

Sayaji Hotels results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Sayaji Hotels closed at ₹300.05 on 4 November 2026, up 9.1% from ₹275.00 a year earlier (7 November 2025) and up 43.5% over five years. Its highest weekly close since March 2016 was ₹408.21 on 4 August 2023.

Sayaji Hotels share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

559 weekly closes from 31 March 2016 to 4 November 2026.

4 Nov 2026: Sayaji Hotels closed at ₹300.05, down 1.9% on the week and down 1.6% on the month. Our read, 22 Aug 2026: Asset-heavy regional hotel operator emerging from an intensive capacity expansion cycle, where near-term earnings remain depressed by depreciation and employee costs despite positive cash flow generation.

Earlier

• Results for April to June 2026: Revenue down 43.7% on a year earlier.

Our read of the business

April to June 2026: Revenue contracted 43.7% on a year earlier to ₹20.00 Cr, but bottom line turned positive at ₹0.30 Cr on tighter cost control.

Our read after the April to June 2026 results, written 22 August 2026.

Sayaji Hotels has paid no dividend on the NSE since 1 April 2021, the start of the period we checked.

No. Sayaji Hotels Ltd paid out 0% of its profit as dividends in each of its last 13 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 5 November 2026.

Sayaji Hotels' management made 0 promises we could check against what it later reported.

Our read after the April to June 2026 results, written 22 August 2026.

Two consecutive quarters of negative operating cash flow combined with an increase in net debt above ₹160 Cr and failure to achieve an operating profit margin above 15% during peak third-quarter operations.

Each change stops working if

• : Average room rates contract or occupancy across expanded properties remains below 50% across four consecutive quarters.
• : Corporate travel budgets cut back or local banquet competition compresses food and beverage gross contribution margins.
• : Brand equity fails to attract independent property owners or contract termination rates exceed additions.
• : Operating cash flow deteriorates below ₹25 Cr or capital expenditure expands without dedicated project financing.

The main risks

• : Reported net profit recoveries reliant on volatile non-operating other income rather than core operating expansion. ⚠ estimate
• : Cash conversion cycle lengthening to 71 days due to trade payable compression and rising debtor collection periods. ⚠ estimate
• : Combined annual depreciation and interest expenses of ₹39 Cr creating a high break-even revenue hurdle. ⚠ estimate

Our read after the April to June 2026 results, written 22 August 2026.

When Sayaji Hotels reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Quarterly other income exceeding 25% of pre-tax profit while operating margins remain below 15%.

Sayaji Hotels is on 2 of our India lists: Momentum stocks and Hotel stocks.

Sayaji Hotels Ltd earned ₹0.3 Cr of net profit in the Jun 2026 quarter. The full FY26 year was a loss of ₹6.0 Cr. That is 1.5% of the quarter's revenue. The same quarter a year earlier lost ₹5.1 Cr. 5 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was −₹6.0 Cr (−400.0% on the year before).

FY26-Q4. revenue ₹38 Cr and profit ₹6 Cr as reported.

FY27-Q1. revenue ₹20 Cr and profit ₹0 Cr as reported.

Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters.

Sayaji Hotels Ltd reported ₹20.0 Cr of revenue in the Jun 2026 quarter, −43.7% on the same quarter a year earlier. Over 10 years it has grown −1.9% a year on average. The last full year, FY26, came in at ₹149 Cr. The last four reported quarters add to ₹133 Cr.

Revenue is everything the company billed its customers in the period.

FY26 revenue was ₹149 Cr, +8.0% on the year before.

Recent pace: the last four quarters grew −8.2% on average, against −1.9% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew −8.6%, against +7.5% a year over the last 8 quarters (rolling over).

FY26-Q4. revenue ₹38 Cr and profit ₹6 Cr as reported.

FY27-Q1. revenue ₹20 Cr and profit ₹0 Cr as reported.

Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters.

Sayaji Hotels Ltd's operating margin was 13.3% in the Jun 2026 quarter, 3.3 percentage points higher than the same quarter a year ago. Across 13 years it has been between −29.0% and 30.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +3.3 percentage points on the year while gross margin changed +4.4 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

FY26-Q4. revenue ₹38 Cr and profit ₹6 Cr as reported.

FY27-Q1. revenue ₹20 Cr and profit ₹0 Cr as reported.

Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters.

Over the last 3 years, 222% of Sayaji Hotels Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹44.0 Cr of operating cash against −₹6.0 Cr of profit. After ₹11.0 Cr of spending on assets, ₹33.0 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 222% of profit came in as cash: the cash cycle got 53 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets.

Sayaji Hotels Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 71 days in FY26, up from 18 days in FY21. It spent ₹42.0 Cr on assets over the last 3 years. Customers take 41 days to pay, and stock sits for 102 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Why this happened. The company completed capital expenditure of ₹119 Cr in fiscal 2025, expanding gross property assets. This deployment increased fiscal 2026 annual depreciation to ₹26 Cr. As newly added keys in secondary markets reach mature occupancy levels above 65%, incremental room revenue will flow directly to operating profit under the capex inflection framework.

At FY26 sales of ₹149 Cr, each day of that cycle ties up about ₹0.4 Cr, so roughly ₹29.0 Cr is tied up in the business at any time.

FY26: customers took 41 days to pay and stock sat for 102 days, about 3.4 months of sales sitting as stock, for a full cycle of 71 days, longer than FY21's 18.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 102 days. Customers pay about 41 days after that. Suppliers are paid at 73 days. Together that makes the 71-day cycle.

Spending on assets: ₹42.0 Cr over the last 3 years, against ₹52.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹7.0 Cr (FY26): assets paid for that are not earning yet.

In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean.

Sayaji Hotels Ltd's P/E is 262.5×, near the high end of its own history: higher than 96% of past readings. Its usual P/E (the middle reading) is 53.6×, over 9.5 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.