Sayaji Hotels MD, chairman and AGM
NSE: SAYAJIHOTLBSE: 523710Leisure ServicesSmall Cap
Share price at the NSE close on 27 Oct 2026. Previous close ₹282.00.
27 Oct: open ₹280.60, high ₹295.00, low ₹280.60
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹517 Cr1,856th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 3.33
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- −0.6%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹11 crore of one-off items, the largest of them in the quarter to Mar 2026.
- −7.6%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 4.6%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.28
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 58100.0% delivered
Sayaji Hotels' chairperson is Nimeshkumar Natwarlal Gandhi and its managing director Raoof Razak Dhanani, as filed for the quarter to Jun 2026. Its latest annual general meeting was on 4 Sep 2026.
Sayaji Hotels board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonNimeshkumar Natwarlal Gandhi
- Managing directorRaoof Razak Dhanani
- Company Secretary and Compliance OfficerPuneet Karade
6 directors3 independent1 executive2 non-executive
- Nimeshkumar Natwarlal Gandhi · ChairpersonIndependent · joined Mar 2024 · 27 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 2 as chair
- Raoof Razak Dhanani · Managing directorExecutive · joined Nov 2013 · 4 listed boards · 4 committee seats
- Mohammed Yusuf Abdul Razak DhananiNon-executive · joined Mar 2024 · 1 listed board
- Kayum Razak DhananiNon-executive · joined Feb 2026 · 2 listed boards · 3 committee seats
- Saquib Salim AgboatwalaIndependent · joined Feb 2019 · reappointed May 2024 · 88 months as independent · 2 listed boards · 2 as independent · 4 committee seats
- Isha GargIndependent · joined Aug 2020 · reappointed Aug 2025 · 70 months as independent · 1 listed board · 1 as independent · 2 committee seats
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
2 directors who left
- Suchitra Dhanani, left 25 Jun 2026: Others
- Abhay Chintaman Chaudhari, left 22 Jan 2026: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 25 Jun 20264 of 6 present2 independent · 27 days in between
- 28 May 20263 of 7 present2 independent · 28 days in between
- 29 Apr 20265 of 7 present2 independent · 77 days in between
- 10 Feb 20265 of 6 present2 independent · 27 days in between
1 earlier meeting
- 13 Jan 20266 of 7 present4 independent
Audit Committee
Chair Nimeshkumar Natwarlal Gandhi
Saquib Salim Agboatwala, Isha Garg
- 25 Jun 20262 of 3 present2 independent · 27 days in between
- 28 May 20262 of 4 present2 independent · 28 days in between
- 29 Apr 20262 of 4 present2 independent · 77 days in between
- 10 Feb 20263 of 4 present2 independent
Nomination and remuneration committee
Chair Saquib Salim Agboatwala
Nimeshkumar Natwarlal Gandhi, Isha Garg
- 29 Apr 20262 of 3 present2 independent · 77 days in between
- 10 Feb 20262 of 3 present2 independent
Stakeholders Relationship Committee
Chair Nimeshkumar Natwarlal Gandhi
Saquib Salim Agboatwala, Isha Garg
- 10 Feb 20263 of 4 present2 independent
Corporate Social Responsibility Committee
Chair Isha Garg
Raoof Razak Dhanani, Nimeshkumar Natwarlal Gandhi
No meeting listed in the filing.
Independent Directors Meeting
- 31 Mar 20263 of 3 present3 independent · 48 days in between
- 10 Feb 20262 of 3 present2 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- M/s Manish Joshi & AssociatesPeer-review certificate valid to Sep 2026
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Sayaji Hotels AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.
Annual general meeting, 4 Sep 2026
3,613 shareholders on the register on 28 Aug 2026; present: 8 promoters and 30 others; votes counted by Neelesh Gupta / Neelesh Gupta & Co..The company's voting result
- To adopt the Audited Financial Statements - Standalone, for the financial year ended 31st March, 2026 and reports of the Board of Directors and Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.72% · promoters 56.18% · institutions 0.00% · other public 82.05%
- To adopt the Audited Financial Statements - Consolidated, for the financial year ended on 31st March, 2026 and reports of the Board of Directors and Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.72% · promoters 56.18% · institutions 0.00% · other public 82.05%
To appoint a Director in place of Mohammed Yusuf Abdul Razak Dhanani, who retires by Rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointmentMoreLess
OrdinaryPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 18.80% · promoters 24.68% · institutions 0.00% · other public 6.93%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Tax disputes
Reported in the filing for the quarter to Jun 2026.
- Tax disputeDepartment of Income Tax, Assessment UnitSince 30 May 2023Related to AY 2013-14. Currently pending before the Hon. High Court Gujarat at Ahemdabad bench. Amount involved Rs.352.41 lakhs including interest 12.24 lakhs.
At the filing before: As per the last disclosure in the Integrated Governance Report under SEBI (LODR) Regulations, no fine or penalty has been imposed or provided for in respect of the said tax litigation. The status of the matter remains unchanged and continues to be disclosed as per the previous quarter.MoreLess
- Tax disputeDepartment of Income Tax, Assessing OfficerSince 17 Oct 2019
As per the last disclosure in the Integrated Governance Report under SEBI (LODR) Regulations, no fine or penalty has been imposed or provided for in respect of the said tax litigation. The status of the matter remains unchanged and continues to be disclosed as per the previous quarter.MoreLess
- Tax disputeDepartment of Income Tax, Assessing OfficerSince 13 Jan 2020Related to AY 2017-18. Currently pending before the CIT(A). Amount involved Rs.205866.
At the filing before: As per the last disclosure in the Integrated Governance Report under SEBI (LODR) Regulations, no fine or penalty has been imposed or provided for in respect of the said tax litigation. The status of the matter remains unchanged and continues to be disclosed as per the previous quarter.MoreLess
- Tax disputeAssistant Commissioner of State Tax BhopalSince 29 Dec 2023Related to FY 2017-18. Currently pending before the GST Commissioner Appellate Authority. Amount involved Rs.202802 including interest Rs.102314 and penalty Rs.9136.
At the filing before: The matter is under adjudication and, where applicable, the penalty involved is below the materiality threshold prescribed under Regulation 30 of SEBI (LODR) Regulations. Accordingly, the matter does not constitute a material event and has no material impact on the Company.MoreLess
- Tax disputeAssistant Commissioner of State Tax BhopalSince 29 Apr 2024Related to FY 2018-19. Currently pending before the GST Commissioner Appellate Authority. Amount involved Rs.509752 including interest Rs.237554 and penalty Rs.24746.
At the filing before: The matter is under adjudication and, where applicable, the penalty involved is below the materiality threshold prescribed under Regulation 30 of SEBI (LODR) Regulations. Accordingly, the matter does not constitute a material event and has no material impact on the Company.MoreLess
- Tax disputeCommercial Tax Officer, BhopalSince 18 Oct 2025Related to FY 2022-23. Currently pending before Appellate Authority, Division 1, Bhopal. Amount involved Rs.779458 including interest Rs. 0 and penalty Rs.176617. Related to Madhya Pradesh VAT
At the filing before: The matter is under adjudication and, where applicable, the penalty involved is below the materiality threshold prescribed under Regulation 30 of SEBI (LODR) Regulations. Accordingly, the matter does not constitute a material event and has no material impact on the Company.MoreLess
- Tax disputeAssistant Commissioner of State Tax RaipurSince 27 May 2024
Related to FY 2018-19.Currently appeal to be filed before Appellate Tribunal Raipur. Amount involved Rs. 2136467 including interest Rs. 858202 and Penalty Rs. 119646. Regarding the difference between GSTR2A vs 3BMoreLess
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.