Sayaji Hotels Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, demonstrating steady revenue growth despite profitability challenges. The hospitality company's Board of Directors approved the results at their meeting held on February 10, 2026, along with key corporate governance decisions including a significant board appointment.

Financial Performance Overview

The company's standalone financial results showed mixed performance across different metrics. Revenue from operations grew by 3.29% year-on-year, while profitability faced some pressure compared to the previous year's corresponding quarter.

Nine-Month Performance Analysis

The nine-month period ending December 31, 2025, presented a contrasting picture with stronger revenue growth but significantly lower profitability. The company's revenue from operations increased substantially by 12.69% to ₹11,113.71 lakhs compared to ₹9,862.36 lakhs in the corresponding period last year.

Board Appointment and Corporate Governance

Pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, the Board of Directors approved the appointment of Mr. Kayum Razak Dhanani as Additional Non-Executive Non-Independent Director with effect from February 10, 2026. The appointment was made on the recommendation of the Nomination & Remuneration Committee.

Director Profile and Relationships

Mr. Kayum Razak Dhanani holds a diploma in sole-making from the Central Leather Research Institute, Chennai, and has been associated with Sara Suole Private Limited since 2005. The company is involved in manufacturing, processing and selling leather goods, including soles, shoes and other leather accessories. He is related to existing board members including Mr. Raoof Razak Dhanani (Managing Director), Mr. Mohammad Yusuf Abdul Razak Dhanani (Non-Executive Non-Independent Director), and Mrs. Suchitra Dhanani (Whole-Time Director).

Expense Structure and Operational Metrics

The company's expense analysis revealed significant changes in various cost components. Employee benefits expenses increased notably to ₹999.25 lakhs in Q3FY26 from ₹863.81 lakhs in Q3FY25. Depreciation and amortization expenses also rose substantially to ₹611.37 lakhs compared to ₹380.75 lakhs in the previous year's quarter.

Consolidated Results Performance

The consolidated financial results included the performance of subsidiary Sayaji Housekeeping Services Limited and associates Barbeque Nation Hospitality Limited and SRSB Infrastructure Private Limited. The consolidated net profit for Q3FY26 stood at ₹260.67 lakhs compared to ₹638.11 lakhs in Q3FY25. The share of loss from associates significantly impacted consolidated performance, with a loss of ₹210.61 lakhs in Q3FY26 compared to a profit of ₹134.39 lakhs in the corresponding quarter last year.

Sayaji hotels Limited has announced the re-appointment of Mrs. Suchitra Dhanani as Whole-Time Director, effective from February 6, 2026. The hospitality company made this disclosure through a regulatory filing dated February 7, 2026, in compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Re-appointment Details

The re-appointment covers a three-year term, with Mrs. Dhanani set to serve as Whole-Time Director from February 6, 2026, to February 5, 2029. This represents her continued tenure in the executive leadership role at the hotel chain.

Professional Background

Mrs. Dhanani brings significant operational expertise to her role. She holds a bachelor's degree in Home Science and is qualified with a Master's in Social Work. Her professional focus centers on managing the Guest Satisfaction Index and overseeing the company's Training Department.

Beyond these core responsibilities, she actively participates in the company's day-to-day operational matters, contributing to service quality enhancement and employee development initiatives across Sayaji Hotels' operations.

Corporate Relationships

The filing disclosed family relationships within the company's leadership structure. Mrs. Suchitra Dhanani is the sister-in-law of two key executives:

• Mr. Raoof Dhanani, Managing Director and Promoter
• Mr. Yusuf Razak Dhanani, Director

Regulatory Compliance

The company confirmed that Mrs. Dhanani meets all regulatory requirements for the directorship position. According to the disclosure, she is not debarred from holding the office of Director by SEBI or any other regulatory authority.

The announcement follows previous intimations dated August 13, 2025, and September 19, 2025, indicating the company's systematic approach to board governance and regulatory compliance. Company Secretary and Compliance Officer Puneet Karade signed the regulatory filing on behalf of Sayaji Hotels Limited.