General information about company

Scrip code*544080
NSE Symbol*NOTLISTED
MSEI Symbol*NOTLISTED
ISIN*INE0MGS01014
Name of companySayaji Hotels (Indore) Limited
Type of companyMain Board
Class of securityEquity
Date of start of financial year01-04-2026
Date of end of financial year31-03-2027
Date of board meeting when results were approved28-07-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange23-07-2026
Description of presentation currencyINR
Level of roundingLakhs
Reporting TypeQuarterly
Reporting QuarterFirst quarter
Nature of report standalone or consolidatedStandalone
Whether results are audited or unaudited for the quarter endedUnaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment ReportingSingle segment
Description of single segmentHoteliering
Start date and time of board meeting28-07-2026 14:36
End date and time of board meeting28-07-2026 15:07
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualificationNot applicable
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?NoThere are no default on loans and the company has not issued any debt securities.



Financial Results – Ind-AS

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period01-04-202601-04-2026
Date of end of reporting period30-06-202630-06-2026
Whether results are audited or unauditedUnauditedUnaudited
Nature of report standalone or consolidatedStandaloneStandalone
Part IBlue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1Income
Revenue from operations2652.12652.1
Other income21.8121.81
Total income2673.912673.91
2Expenses
(a)Cost of materials consumed458.15458.15
(b)Purchases of stock-in-trade00
(c)Changes in inventories of finished goods, work-in-progress and stock-in-trade00
(d)Employee benefit expense 821.92821.92
(e)Finance costs145.66145.66
(f)Depreciation, depletion and amortisation expense150.08150.08
(g)Other Expenses
1Operating Expenses784.42784.42
2Other Expenses111.94111.94
Total other expenses896.36896.36
Total expenses2472.172472.17
3Total profit before exceptional items and tax201.74201.74
4Exceptional items 00
5Total profit before tax201.74201.74
6Tax expense
7Current tax64.264.2
8Deferred tax-20.45-20.45
9Total tax expenses43.7543.75
10Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement00
11Net Profit Loss for the period from continuing operations157.99157.99
12Profit (loss) from discontinued operations before tax00
13Tax expense of discontinued operations00
14Net profit (loss) from discontinued operation after tax00
15Share of profit (loss) of associates and joint ventures accounted for using equity method00
16Total profit (loss) for period157.99157.99
17Other comprehensive income net of taxes0.280.28
18Total Comprehensive Income for the period158.27158.27
19Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21Details of equity share capital
Paid-up equity share capital304.66304.66
Face value of equity share capital1010
22Reserves excluding revaluation reserve
23Earnings per share
iEarnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations5.195.19
Diluted earnings (loss) per share from continuing operations5.195.19
iiEarnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations00
Diluted earnings (loss) per share from discontinued operations00
iiiEarnings per equity share (for continuing and discontinued operations)
Basic earnings (loss) per share from continuing and discontinued operations5.195.19
Diluted earnings (loss) per share from continuing and discontinued operations5.195.19
24Debt equity ratioTextual Information( 1)
25Debt service coverage ratioTextual Information( 2)
26Interest service coverage ratioTextual Information( 3)
27Disclosure of notes on financial resultsTextual Information(4)

Text Block

Textual Information(4)1. The above results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 28.07.2026

2. The Statutory Auditors of the company has carried out the limited review of the financial results for the quarter ended 30th June 2026 as required under Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and disclosure Requirements ) Regulation, 2015.

3. (a). In respect of the leasehold land of Indore hotel, Indore development authority (IDA) has cancelled the lease vide order dated 20th Dec. 2017. Company had challenged the said order before Hon'ble High Court, Indore bench. Hon'ble High Court Single Bench has decided the matter against Company vide their order dated 16th July 2018. However, Company has filed revision Writ Appeal before Division Bench of Hon’ble High Court, Indore bench which has been admitted on 08.03.2022.

(b). In the meantime, the State of MP has framed rules for mitigation of lease terms/compounding and further amended the said rules on 9th April 2021 due to which Company also became eligible under the said rules to apply for compounding/ mitigation and hence Company applied to IDA for compounding of alleged violations of the lease deed. On 8th March 2022, High Court, Indore bench directed IDA to decide the compounding application of the Company. Personal hearing has been done on 29th March 2022 before the IDA regarding the compounding application and order is awaited. IDA filed application before High Court and sought court’s advise on the issue of retrospective applicability of the compounding provisions and subsequently a Writ Petition has been filed seeking clarity on this subject which is pending before the Court.

(c). Indore Development Authority has also filed an application before the Competent Authority under The Public Premises (Eviction) Act for eviction of the Company from said premises. High Court has granted stay on the passing of any order under the said eviction proceedings.

(d). The Indore hotel has been demerged from Sayaji Hotels Limited to Sayaji Hotels (Indore) Limited. In view of the ongoing litigation regarding cancellation of lease, the Company has not yet applied for change of name in the records of IDA and mutation of the property in the records of Registrar of Properties. Hence, stamp duty which would be paid on mutation has not been adjudicated and not provided & the same will be provided in the year such cost is incurred.

4. Company is engaged in only one Operating Segment i.e. Hoteliering.

5. Figures for previous period have been regrouped or rearranged wherever necessary, to conform to current period's classification.



Other Comprehensive Income

Date of start of reporting period01-04-202601-04-2026
Date of end of reporting period30-06-202630-06-2026
Whether results are audited or unauditedUnauditedUnaudited
Nature of report standalone or consolidatedStandaloneStandalone
Other comprehensive income [Abstract]
1Amount of items that will not be reclassified to profit and loss
1Acturial Gain/Loss on Defined Benefit Plan0.380.38
Total Amount of items that will not be reclassified to profit and loss0.380.38
2Income tax relating to items that will not be reclassified to profit or loss 0.100.10
3Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4Income tax relating to items that will be reclassified to profit or loss 0.000.00
5Total Other comprehensive income0.280.28