Sayaji Hotels amends insider trading codes under SEBI regulations

1 min read     Updated on 29 May 2026, 02:18 PM
scanx
Reviewed by
Suketu GScanX News Team
AI Summary

Sayaji Hotels Limited amended its insider trading codes following a Board meeting on May 28, 2026, under SEBI regulations. The changes include updates to the Code of Conduct for insider trading and the Code of Practices for fair disclosure of unpublished price sensitive information.

powered bylight_fuzz_icon
41590091

*this image is generated using AI for illustrative purposes only.

Sayaji Hotels Limited has reviewed and amended its insider trading codes to align with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The Board of Directors approved these changes during its meeting held on May 28, 2026. The amendments aim to strengthen the regulatory framework governing trading by insiders and ensure fair disclosure of unpublished price sensitive information.

The Board specifically amended two key codes. The first is the Code of Conduct to Regulate, Monitor and Report trading by Insiders. The second is the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information. These updates are part of the company's ongoing compliance efforts under the SEBI regulations.

The updated codes are now available on the company's official website. This move ensures transparency and accessibility for stakeholders and insiders who need to adhere to the revised guidelines. The amendments reflect the company's commitment to maintaining high standards of corporate governance.

Code Amended Purpose
Code of Conduct to Regulate, Monitor and Report trading by Insiders To regulate, monitor, and report trading activities by insiders
Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information To ensure fair disclosure of unpublished price sensitive information

The intimation regarding these amendments was submitted to the stock exchanges on May 29, 2026. The company continues to focus on robust compliance mechanisms to safeguard investor interests and uphold market integrity.

Historical Stock Returns for Sayaji Hotels (Indore)

1 Day5 Days1 Month6 Months1 Year5 Years
-1.10%-1.10%+14.41%+49.79%-9.93%+1,080.97%

How will the stricter monitoring of insider trading impact liquidity for Sayaji Hotels' stock?

Will other hospitality firms follow Sayaji's lead in tightening compliance frameworks?

Could these amendments lead to changes in the company's disclosure frequency during earnings seasons?

like16
dislike

Sayaji Hotels FY26 profit rises on exceptional gains

3 min read     Updated on 29 May 2026, 02:13 PM
scanx
Reviewed by
Suketu GScanX News Team
AI Summary

Sayaji Hotels reported a net profit of ₹1,108.82 lakh for FY26, driven by exceptional gains of ₹1,111.70 lakh from lease termination. Q4 profit surged to ₹998.41 lakh despite a dip in revenue, with EBITDA margin expanding to 29.89%. Consolidated net loss for FY26 was ₹631.78 lakh due to associate losses.

powered bylight_fuzz_icon
41505865

*this image is generated using AI for illustrative purposes only.

Sayaji Hotels Limited reported a net profit of ₹1,108.82 lakh for the financial year ended March 31, 2026, supported by exceptional gains arising from the termination of a lease arrangement. Revenue from operations for the year increased to ₹14,878.43 lakh from ₹13,827.62 lakh in the previous year. The Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, at a meeting held on May 28, 2026.

The company recorded an exceptional item of ₹1,111.70 lakh during the year, representing the net effect recognized on the termination or cancellation of the lease arrangement for the Sayaji Raipur hotel property as per Indian Accounting Standard 116. This transaction pertains to a related party. Additionally, the lease arrangement for the Sayaji Baroda Hotel expired on October 31, 2025, after which the company entered into a hotel management agreement with the same owner. Consequently, revenue and expense figures for the current period are not strictly comparable with previous periods.

Financial Performance

For the quarter ended March 31, 2026, the company reported a profit of ₹998.41 lakh, compared to ₹170.03 lakh in the corresponding quarter of the previous year. Revenue from operations for the quarter stood at ₹3,764.72 lakh, down from ₹3,965.26 lakh in the same period last year. Total income for the quarter was ₹3,977.77 lakh. The basic and diluted earnings per share (EPS) for the quarter were ₹5.70, compared to ₹0.97 in the prior year quarter.

The table below summarizes the standalone financial results for Sayaji Hotels for the quarter and year ended March 31, 2026 (all figures in ₹ lakh):

Particulars: Quarter Ended 31.03.2026 (Audited) Year Ended 31.03.2026 (Audited)
Revenue from Operations 3,764.72 14,878.43
Other Income 213.05 438.39
Total Income 3,977.77 15,316.82
Total Expenses 3,721.02 14,948.89
Profit before Exceptional Items & Tax 256.75 367.93
Exceptional Items 1,111.70 1,111.70
Profit for the Period 998.41 1,108.82

Q4 Operating Metrics

On an operational basis, the company demonstrated notable improvement in profitability metrics during the quarter. The table below highlights the key year-on-year Q4 operating performance indicators:

Metric: Q4 FY26 Q4 FY25 Change (YoY)
Revenue 376M 396M Decline
EBITDA 112M 89M Improvement
EBITDA Margin 29.89% 22.45% Expansion
Profit Before Tax 26M 15M Improvement

Despite a year-on-year decline in quarterly revenue, Sayaji Hotels reported a meaningful expansion in EBITDA margin to 29.89% from 22.45%, with EBITDA rising to 112M rupees from 89M rupees. Profit before tax for the quarter also improved to 26M rupees from 15M rupees in the corresponding prior year period, reflecting improved cost efficiencies.

Consolidated Performance

On a consolidated basis, the company reported a net loss of ₹631.78 lakh for FY26, compared to a net profit of ₹207.53 lakh in FY25. The consolidated results include the company's share of loss from its associate, United Foodbrands Limited (formerly known as Barbeque-Nations Hospitality Limited), which amounted to ₹1,755.31 lakh for the year. Consolidated revenue from operations for the year stood at ₹14,878.43 lakh.

Auditor and Compliance

Manish Joshi & Associates, Chartered Accountants, audited the standalone and consolidated financial results. The auditors issued an unmodified opinion on the financial statements. The Audit Committee reviewed the results on May 28, 2026, and recommended them to the Board for approval. The company also confirmed that it does not fall under the category of Large Corporates as per SEBI circulars regarding fund raising by issuance of debt securities, with outstanding borrowings of ₹36.96 crore as on March 31, 2026.

Historical Stock Returns for Sayaji Hotels (Indore)

1 Day5 Days1 Month6 Months1 Year5 Years
-1.10%-1.10%+14.41%+49.79%-9.93%+1,080.97%

How will the transition to a hotel management agreement for the Sayaji Baroda property impact recurring revenue streams and operating margins going forward?

What strategic measures is the management taking to mitigate the consolidated losses attributed to United Foodbrands Limited?

Can the operational cost efficiencies that drove Q4 EBITDA margin expansion be sustained in the absence of exceptional gains in future quarters?

like19
dislike

More News on Sayaji Hotels

1 Year Returns:-9.93%