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Sayaji Hotels Q1 Results Revenue Up to ₹2,889.29 Lakh, Net Profit Falls to ₹126.64 Lakh

Sayaji Hotels Q1 Results showed a 14.03% YoY increase in total income to ₹2,889.29 lakh, with an operating profit of ₹4.88 Cr and a profit after tax of ₹126.64 lakh, while the operating margin was 17.44%. Sayaji Hotels Q1 Results also saw a YoY decrease in net profit by 16.2%.

by P Nandhini

Updated Sep 10, 2024

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Sayaji Hotels Q1 Results Revenue Up to ₹2,889.29 Lakh, Net Profit Falls to ₹126.64 Lakh

Sayaji Hotels Q1 Results 2024 - 2025: Sayaji Hotels announced their Q1 financial results on August 5, 2024, showing a notable increase in revenue by 14.26% compared to the same period last year.

The company reported total revenue of ₹2,889.29 lakh for the quarter ended June 30, 2024, up from ₹2,534.98 lakh in Q1 of the previous year. This growth reflects a solid year-over-year (YoY) performance and highlights the brand's ongoing success in the luxury hospitality sector.

In terms of expenses, Sayaji Hotels experienced a rise of 15.5% YoY, with total expenses reaching ₹2,492.53 lakh compared to ₹2,158.15 lakh in Q1 of the previous year. Despite this increase in costs, the company managed to achieve a profit before tax of ₹252.43 lakh, showing a slight improvement of 1.6% YoY.

The net profit for the quarter was ₹126.64 lakh, representing a decrease of 16.2% YoY. This reflects the company's commitment to managing operational expenses while still maintaining a positive outlook for the rest of the fiscal year.

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Sayaji Hotels Q1 Results 2024 - 2025

 

Here’s a summary of Sayaji Hotels' Q1 financial results for 2024-2025:

The company has shown a positive growth trend in revenue, despite facing increased expenses. Below is a detailed overview of their financial performance for the quarter ending June 30, 2024:

Particulars Q1 2024-2025 Q1 2023-2024 % Change YoY
Revenue From Operations ₹2,795.84 lakh ₹2,445.87 lakh +14.26%
Other Income ₹93.45 lakh ₹89.11 lakh +4.8%
Total Revenue ₹2,889.29 lakh ₹2,534.98 lakh +14.03%
Food and Beverages Consumed ₹444.62 lakh ₹405.05 lakh +9.74%
Employee Benefits Expenses ₹801.03 lakh ₹617.11 lakh +29.7%
Finance Costs ₹184.27 lakh ₹207.09 lakh -11.1%
Depreciation and Amortization ₹329.79 lakh ₹283.24 lakh +16.4%
Operating Expenses ₹547.59 lakh ₹486.42 lakh +12.6%
Other Expenses ₹185.23 lakh ₹159.24 lakh +16.3%
Total Expenses ₹2,492.53 lakh ₹2,158.15 lakh +15.5%
Profit Before Tax ₹252.43 lakh ₹248.47 lakh +1.6%
Net Profit ₹126.64 lakh ₹151.20 lakh -16.2%
Earnings Per Share (EPS) ₹0.72 ₹0.69 +4.35%
Share of Profit/(Loss) of Associate -₹144.33 lakh -₹128.36 lakh -12.5%
Total Comprehensive Income ₹108.46 lakh ₹158.79 lakh -31.8%

Source: Click Here

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Sayaji Hotels Current Market Overview

Sayaji Hotels is currently trading at ₹376 per share, with a market capitalization of ₹659 crore. The stock has seen a high of ₹425 and a low of ₹247 recently. It has a Price-to-Earnings (P/E) ratio of 46.8 and a book value of ₹90.6 per share.

The company's Return on Capital Employed (ROCE) is 9.81%, and its Return on Equity (ROE) is 7.04%. The stock does not offer a dividend yield at the moment. Overall, Sayaji Hotels' stock reflects stable performance with some fluctuations in price.

Metric Value
Current Price ₹376
Market Cap ₹659 Cr.
High / Low ₹425 / ₹247
Stock P/E 46.8
Book Value ₹90.6
Dividend Yield 0.00%
ROCE 9.81%
ROE 7.04%
Face Value ₹10.0
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Quarterly Results

 

Here’s a summary of Sayaji Hotels' recent quarterly financial results:

For the quarters ending December 2023, March 2024, and June 2024, the company reported the following figures:

Metric Dec 2023 Mar 2024 Jun 2024
Sales (₹ Cr.) 31.52 33.76 27.96
Expenses (₹ Cr.) 19.91 21.59 21.23
Operating Profit (₹ Cr.) 11.61 12.17 6.73
OPM (%) 36.83% 36.05% 24.07%
Other Income (₹ Cr.) 2.27 1.91 0.93
Interest (₹ Cr.) 1.42 1.82 1.84
Depreciation (₹ Cr.) 2.81 3.02 3.30
Profit Before Tax (₹ Cr.) 9.65 9.24 2.52
Tax % 13.99% 13.20% 50.00%
Net Profit (₹ Cr.) 8.30 8.01 1.27
EPS (₹) 4.74 4.58 0.73
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About Sayaji Hotels 

Sayaji Hotels is a prominent luxury hospitality brand in India, known for its upscale 4-star and 5-star hotels across ten major cities. Established with a focus on delivering exceptional service and unique guest experiences, Sayaji Hotels offers a blend of comfort and elegance.

The company stands out for its commitment to quality and personalized hospitality, ensuring each guest enjoys a memorable stay. In addition to its luxurious accommodations, Sayaji Hotels is dedicated to social responsibility, actively engaging in community initiatives and environmental sustainability efforts to make a positive impact.

Check our website for more Q1 results.


Sayaji Hotels Q1 Results - FAQs

1. What were Sayaji Hotels' total revenue for Q1 2024-2025?  

Sayaji Hotels reported a total revenue of ₹2,889.29 lakh for Q1 2024-2025.

2. How much did Sayaji Hotels' revenue increase in Q1 2024-2025 compared to the previous year?

Sayaji Hotels' revenue increased by 14.03% in Q1 2024-2025 compared to Q1 2023-2024.

3. What was the net profit for Sayaji Hotels in Q1 2024-2025?

Sayaji Hotels reported a net profit of ₹126.64 lakh for Q1 2024-2025.

4. How did Sayaji Hotels' net profit in Q1 2024-2025 compare to the previous year?

Sayaji Hotels' net profit decreased by 16.2% in Q1 2024-2025 compared to Q1 2023-2024.

5. What were the total expenses for Sayaji Hotels in Q1 2024-2025?

Sayaji Hotels' total expenses were ₹2,492.53 lakh in Q1 2024-2025.

6. What was Sayaji Hotels' operating profit for Q1 2024-2025?  

Sayaji Hotels achieved an operating profit of ₹4.88 crore in Q1 2024-2025.

7. What was the Earnings Per Share (EPS) for Sayaji Hotels in Q1 2024-2025?

The EPS for Sayaji Hotels in Q1 2024-2025 was ₹0.72.

8. What was the operating margin for Sayaji Hotels in Q1 2024-2025?

Sayaji Hotels' operating margin was 17.44% in Q1 2024-2025.

9. How did Sayaji Hotels' other income perform in Q1 2024-2025?

Sayaji Hotels' other income increased to ₹93.45 lakh in Q1 2024-2025.

10. What were the employee benefits expenses for Sayaji Hotels in Q1 2024-2025?  

The employee benefits expenses for Sayaji Hotels were ₹801.03 lakh in Q1 2024-2025.

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