MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0040203
Market Cap
₹43.54 Cr
SAJHOTELS-ST · NSE
Share Price
₹27.00
0.00% today
Revenue
₹16.88 Cr
FY 2025-26
EBITDA
₹5.13 Cr
Margin 30.4%
Net Profit
₹2.89 Cr
FY 2025-26
P/E (TTM)
15.8x
P/B 0.9x
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹16.13 Cr
Issued & subscribed
About Saj Hotels Limited
Data last updated:
Saj Hotels Limited is a public limited company based in Satara, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 04 February 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN L55101PN1981PLC023814. Its GSTIN is 27AAKCS7712E1Z9 (Maharashtra). The company holds 4 GST registrations, of which 3 are active. It is a listed company as per MCA records. Its shares are listed on NSE: SAJHOTELS.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹16.13 Cr. It is led by directors including Karna Kartik Timbadia (Managing Director) and Kartik Maganlal Timbadia.
Its last annual general meeting (AGM) was held on 29 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mahabaleshar Panchgani Road Mahabaleshwar, Satara, Maharashtra, India – 412806.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹16.88 Cr. For the same year it recorded a net profit of ₹2.89 Cr (net margin 17.1%) and EBITDA of ₹5.13 Cr (EBITDA margin 30.4%). The net worth stands at ₹119.69 Cr. Total assets are valued at ₹142.83 Cr.
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Saj Hotels. As per MCA filings, the company has open charges of ₹71.33 Cr and satisfied charges of ₹151.6 Cr on record. The company has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 ipo), with disclosed funding of ₹2.26 Cr; the latest was in October 2024. Its 6 peer companies in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.) are compared by revenue, 3 larger and 3 smaller; the largest is Rathi Resorts Private Limited with revenue of ₹18.09 Cr.
Saj Hotels Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0040203). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sajresort.com.
Company details
CIN L55101PN1981PLC023814
Registration Number 023814
Incorporation Date 04 February 1981
ROC Pune
Listing Status Listed (NSE: SAJHOTELS)
Company Status Active
Date of Last AGM 29 September 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0040203
CIN history
Saj Hotels has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L55101PN1981PLC023814, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L55101PN1981PLC023814 | Current |
| U55101MH1981PTC023814 | Previous |
| U55101PN1981PTC023814 | Previous |
| U55101PN1981PLC023814 | Previous |
Key People
Karna Kartik Timbadia Managing Director Kartik Maganlal Timbadia Director Rahul Maganlal Timbadia Director Recognitions & Rankings of Saj Hotels
Contact details
Saj Hotels Limited's registered office is in Satara, Maharashtra.
- Social Media
- Registered AddressMahabaleshar Panchgani Road Mahabaleshwar, Satara, Maharashtra, India – 412806
- IndustryTravel and Hospitality, Hotel & Accommodation Services
Comprehensive company report
Saj Hotels Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Saj Hotels operates one associated brand: SAJ HOTELS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| SAJ Hotels manages resorts and hospitality accommodations. | sajresort.com |
Business activity
The main business activity of Saj Hotels is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
To see the full business activity and turnover split of Saj Hotels Limited, buy the company report.
Financials of Saj Hotels Limited
FY 2025-26 filings availableSaj Hotels Limited reported revenue of ₹16.88 Cr for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹16.88 Cr
+18.4% YoY
EBITDA
₹5.13 Cr
-21.3% YoY
Profit After Tax
₹2.89 Cr
-16.5% YoY
Net Worth
₹120 Cr
+34.3% YoY
Total Assets
₹143 Cr
+52.9% YoY
Total Debt
₹22.78 Cr
+680.1% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 16.88 | 14.26 | 12.71 | 12.83 | 8.06 |
| Revenue growth | - | +12.2% | -0.9% | +59.2% | - |
| EBITDA | 5.13 | 6.52 | 3.22 | 4.12 | 1.79 |
| EBITDA margin | +30.4% | +45.7% | +25.3% | +32.1% | +22.2% |
| Profit before tax | 4.07 | 4.56 | 4.49 | 2.11 | (1.13) |
| Net profit | 2.89 | 3.46 | 0.55 | 1.32 | (1.16) |
| Net profit margin | +17.1% | +24.3% | +4.3% | +10.3% | -14.4% |
| EPS (₹) | 1.72 | 2.91 | 146.52 | 55.59 | (50.60) |
| Balance sheet | |||||
| Total assets | 143 | 93.44 | 93.16 | 93.99 | 30.52 |
| Net worth | 120 | 89.10 | 85.63 | 82.15 | 19.87 |
| Total debt | 22.78 | 2.92 | 6.14 | 10.54 | 9.39 |
| Cash & bank | 13.39 | 0.62 | 0.12 | 0.29 | 0.82 |
| Net working capital | 36.77 | (1.26) | (2.39) | 0.29 | 0.68 |
| Cash flow | |||||
| Cash from operations | (0.72) | 4.75 | 7.67 | 3.32 | 4.74 |
| Cash from investing | (23.90) | (0.93) | (6.09) | (4.41) | (0.95) |
| Cash from financing | 20.18 | (3.32) | (1.75) | 0.55 | (3.20) |
| Particulars | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4.65 | 4.60 | 3.95 | 3.68 | 4.72 | 4.82 | 4.16 | 3.11 |
| Revenue growth (YoY) | -1.5% | -4.6% | -5.1% | +18.3% | +33.7% | - | - | - |
| Other income | 0.72 | 0.89 | 0.87 | 0.86 | 0.42 | 0.78 | 0.05 | 0.09 |
| EBITDA | 1.77 | 1.73 | 1.34 | 0.29 | 1.48 | 1.63 | 2.25 | 1.00 |
| EBITDA margin | +38.1% | +37.6% | +33.9% | +7.9% | +31.4% | +33.8% | +54.1% | +32.2% |
| Depreciation | 0.54 | 0.55 | 0.53 | 0.51 | 0.48 | 0.48 | 0.46 | 0.47 |
| Interest | 0.67 | 0.55 | 0.54 | 0.51 | 0.02 | 0.02 | 0.02 | 0.02 |
| Profit before tax | 1.28 | 1.52 | 1.14 | 0.13 | 1.40 | 1.91 | 1.82 | 0.60 |
| Tax | 0.42 | 0.50 | 0.30 | 0.07 | 0.50 | 0.72 | 0.33 | 0.27 |
| Net profit | 0.86 | 1.02 | 0.84 | 0.06 | 0.90 | 1.19 | 1.49 | 0.33 |
| EPS (₹) | 0.53 | 0.63 | 0.52 | 0.07 | 0.55 | 0.73 | 0.00 | 0.23 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 16.88 | 16.81 | 14.26 | 10.30 | 9.09 | 5.08 |
| Revenue growth | +0.4% | +17.9% | +38.5% | +13.3% | +78.9% | - |
| EBITDA | 5.24 | 6.36 | 5.15 | 5.21 | 4.45 | 1.84 |
| EBITDA margin | +31.0% | +37.8% | +36.1% | +50.6% | +49.0% | +36.2% |
| Profit before tax | 4.18 | 5.62 | 3.19 | 3.82 | 2.97 | (0.41) |
| Net profit | 3.00 | 3.55 | 2.94 | 2.88 | 2.30 | (0.47) |
| Net profit margin | +17.8% | +21.1% | +20.6% | +28.0% | +25.3% | -9.3% |
| EPS (₹) | 1.79 | 2.36 | 1.75 | 122.16 | 96.97 | (20.16) |
| Balance sheet | ||||||
| Total assets | - | 119 | 93.63 | 33.44 | 32.83 | 29.93 |
| Net worth | - | 117 | 89.29 | 25.93 | 23.24 | 20.94 |
| Total debt | - | 0.32 | 2.92 | 6.13 | 9.51 | 8.93 |
| Cash & bank | - | 17.83 | 0.62 | 0.10 | 0.20 | 0.60 |
| Net working capital | - | 18.49 | (1.26) | (2.48) | (0.64) | (0.10) |
| Cash flow | ||||||
| Cash from operations | - | 4.69 | 3.35 | 7.60 | 5.49 | 3.23 |
| Cash from investing | - | (8.72) | 0.48 | (4.31) | (6.20) | 0.14 |
| Cash from financing | - | 21.24 | (3.32) | (3.38) | 1.80 | (2.98) |
| Particulars | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4.65 | 4.60 | 3.95 | 3.68 | 4.72 | 4.82 | 4.16 | 3.11 |
| Revenue growth (YoY) | -1.5% | -4.6% | -5.1% | +18.3% | +33.7% | - | - | - |
| Other income | 0.72 | 0.89 | 0.87 | 0.86 | 0.39 | 0.75 | 0.06 | 0.03 |
| Total expenses | 2.88 | 2.86 | 2.56 | 3.34 | 3.24 | 3.19 | 1.91 | 2.11 |
| EBITDA | 1.77 | 1.74 | 1.39 | 0.34 | 1.48 | 1.63 | 2.25 | 1.00 |
| EBITDA margin | +38.1% | +37.8% | +35.2% | +9.2% | +31.4% | +33.8% | +54.1% | +32.2% |
| Depreciation | 0.54 | 0.55 | 0.53 | 0.51 | 0.48 | 0.48 | 0.46 | 0.47 |
| Interest | 0.67 | 0.55 | 0.54 | 0.51 | 0.02 | 0.02 | 0.02 | 0.02 |
| Profit before tax | 1.28 | 1.53 | 1.19 | 0.18 | 1.37 | 1.88 | 1.83 | 0.54 |
| Tax | 0.42 | 0.50 | 0.30 | 0.07 | 0.50 | 0.72 | 0.33 | 0.27 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 25 Oct 2026
| Particulars | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4.65 | 4.60 | 3.95 | 3.68 | 4.72 | 4.82 | 4.16 | 3.11 |
| Revenue growth (YoY) | -1.5% | -4.6% | -5.1% | +18.3% | +33.7% | - | - | - |
| Other income | 0.72 | 0.89 | 0.87 | 0.86 | 0.42 | 0.78 | 0.05 | 0.09 |
| EBITDA | 1.77 | 1.73 | 1.34 | 0.29 | 1.48 | 1.63 | 2.25 | 1.00 |
| EBITDA margin | +38.1% | +37.6% | +33.9% | +7.9% | +31.4% | +33.8% | +54.1% | +32.2% |
| Depreciation | 0.54 | 0.55 | 0.53 | 0.51 | 0.48 | 0.48 | 0.46 | 0.47 |
| Interest | 0.67 | 0.55 | 0.54 | 0.51 | 0.02 | 0.02 | 0.02 | 0.02 |
| Profit before tax | 1.28 | 1.52 | 1.14 | 0.13 | 1.40 | 1.91 | 1.82 | 0.60 |
| Tax | 0.42 | 0.50 | 0.30 | 0.07 | 0.50 | 0.72 | 0.33 | 0.27 |
| Net profit | 0.86 | 1.02 | 0.84 | 0.06 | 0.90 | 1.19 | 1.49 | 0.33 |
| EPS (₹) | 0.53 | 0.63 | 0.52 | 0.07 | 0.55 | 0.73 | 0.00 | 0.23 |
| Particulars | FY 2025-26 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Revenue | 16.88 | 14.26 | 12.71 | 12.83 | 8.06 |
| Revenue growth | - | +12.2% | -0.9% | +59.2% | - |
| Other income | 3.34 | 0.30 | 3.81 | 0.05 | 0.07 |
| Total expenses | 11.75 | 7.74 | 9.49 | 8.71 | 6.27 |
| Employee cost | 0.00 | 2.95 | 3.17 | 3.17 | 2.21 |
| EBITDA | 5.13 | 6.52 | 3.22 | 4.12 | 1.79 |
| EBITDA margin | +30.4% | +45.7% | +25.3% | +32.1% | +22.2% |
| Depreciation | 2.13 | 2.17 | 2.32 | 1.46 | 1.51 |
| Interest | 2.27 | 0.09 | 0.22 | 0.60 | 1.48 |
| Profit before tax | 4.07 | 4.56 | 4.49 | 2.11 | (1.13) |
| Tax | 1.30 | 1.11 | 0.93 | 0.67 | 0.06 |
| Net profit | 2.89 | 3.46 | 0.55 | 1.32 | (1.16) |
| Net profit margin | +17.1% | +24.3% | +4.3% | +10.3% | -14.4% |
| EPS (₹) | 1.72 | 2.91 | 146.52 | 55.59 | (50.60) |
| Particulars | FY 2025-26 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 16.12 | 11.88 | 2.38 | 2.38 | 2.38 |
| Reserves & surplus | 104 | 77.22 | 83.25 | 79.77 | 17.49 |
| Shareholders' funds (net worth) | 120 | 89.10 | 85.63 | 82.15 | 19.87 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 20.67 | 0.43 | 0.76 | 2.45 | 2.65 |
| Unsecured loans | 2.11 | 2.49 | 5.38 | 8.09 | 6.74 |
| Total debt | 22.78 | 2.92 | 6.14 | 10.54 | 9.39 |
| Total liabilities | 143 | 93.44 | 93.16 | 93.99 | 30.52 |
| Assets | |||||
| Gross block | 141 | 131 | 131 | 125 | 43.11 |
| Net block | 97.68 | 91.64 | 93.22 | 88.80 | 28.09 |
| Capital work in progress | 3.13 | 1.32 | 0.80 | 3.11 | 0.09 |
| Investments | 0.50 | 0.01 | 0.00 | 0.08 | 0.00 |
| Inventories | 0.10 | 0.13 | 0.07 | 0.10 | 0.17 |
| Sundry debtors | 0.61 | 0.12 | 0.03 | 0.11 | 0.15 |
| Cash & bank balances | 13.39 | 0.62 | 0.12 | 0.29 | 0.82 |
| Loans & advances | 24.37 | 2.52 | 3.09 | 2.06 | 1.88 |
| Total current assets | 38.47 | 3.39 | 3.31 | 2.56 | 3.02 |
| Total current liabilities | 1.70 | 4.65 | 5.70 | 2.27 | 2.34 |
| Net working capital | 36.77 | (1.26) | (2.39) | 0.29 | 0.68 |
| Total assets | 143 | 93.44 | 93.16 | 93.99 | 30.52 |
| Particulars | FY 2025-26 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Opening cash | 17.83 | 0.12 | 0.29 | 0.82 | 0.23 |
| Net cash from operating activities | (0.72) | 4.75 | 7.67 | 3.32 | 4.74 |
| Net cash from investing activities | (23.90) | (0.93) | (6.09) | (4.41) | (0.95) |
| Net cash from financing activities | 20.18 | (3.32) | (1.75) | 0.55 | (3.20) |
| Net change in cash | (4.43) | 0.50 | (0.17) | (0.53) | 0.59 |
| Closing cash | 13.39 | 0.62 | 0.12 | 0.29 | 0.82 |
| Particulars | FY 2025-26 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | - | +12.2% | -0.9% | +59.2% | - |
| EBITDA growth | - | +102.5% | -21.8% | +130.2% | - |
| PBT growth | -10.8% | +1.6% | +112.8% | +9998.0% | +9997.0% |
| Net income growth | - | +529.1% | -58.3% | +213.8% | - |
| Revenue CAGR (3Y) | +9.6% | +21.0% | - | - | - |
| EBITDA CAGR (3Y) | +7.6% | +53.9% | - | - | - |
| Profitability & leverage | |||||
| Net income margin | +16.4% | +24.2% | +28.0% | +11.2% | -14.8% |
| Return on capital employed | - | +22.0% | +4.8% | +13.9% | +1.9% |
| Return on net worth | - | +22.6% | +5.7% | +17.5% | -15.9% |
| Debt / equity | - | 0.30 | 0.76 | 1.21 | 1.24 |
| Long-term debt / equity | - | 0.02 | 0.04 | 0.08 | 0.11 |
| Interest cover | 75.67 | 2.07 | 24.44 | 22.56 | 528.57 |
| Efficiency & per share | |||||
| Fixed asset turnover | - | 0.24 | 0.23 | 0.31 | 0.26 |
| Inventory turnover | - | 142.60 | 149.53 | 95.04 | 47.41 |
| Debtors turnover | - | 190.13 | 181.57 | 98.69 | 53.73 |
| EPS (₹) | 1.72 | 2.91 | 146.52 | 55.59 | (50.60) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 14.61 | 554.46 | 375.19 | 317.67 |
| Particulars | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4.65 | 4.60 | 3.95 | 3.68 | 4.72 | 4.82 | 4.16 | 3.11 |
| Revenue growth (YoY) | -1.5% | -4.6% | -5.1% | +18.3% | +33.7% | - | - | - |
| Other income | 0.72 | 0.89 | 0.87 | 0.86 | 0.39 | 0.75 | 0.06 | 0.03 |
| Total expenses | 2.88 | 2.86 | 2.56 | 3.34 | 3.24 | 3.19 | 1.91 | 2.11 |
| EBITDA | 1.77 | 1.74 | 1.39 | 0.34 | 1.48 | 1.63 | 2.25 | 1.00 |
| EBITDA margin | +38.1% | +37.8% | +35.2% | +9.2% | +31.4% | +33.8% | +54.1% | +32.2% |
| Depreciation | 0.54 | 0.55 | 0.53 | 0.51 | 0.48 | 0.48 | 0.46 | 0.47 |
| Interest | 0.67 | 0.55 | 0.54 | 0.51 | 0.02 | 0.02 | 0.02 | 0.02 |
| Profit before tax | 1.28 | 1.53 | 1.19 | 0.18 | 1.37 | 1.88 | 1.83 | 0.54 |
| Tax | 0.42 | 0.50 | 0.30 | 0.07 | 0.50 | 0.72 | 0.33 | 0.27 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 16.88 | 16.81 | 14.26 | 10.30 | 9.09 | 5.08 |
| Revenue growth | +0.4% | +17.9% | +38.5% | +13.3% | +78.9% | - |
| Other income | 3.34 | 1.23 | 0.30 | 0.08 | 0.19 | 0.30 |
| Total expenses | 11.64 | 10.45 | 9.11 | 5.09 | 4.64 | 3.24 |
| Employee cost | 0.00 | 3.77 | 2.95 | 2.01 | 1.68 | 1.30 |
| EBITDA | 5.24 | 6.36 | 5.15 | 5.21 | 4.45 | 1.84 |
| EBITDA margin | +31.0% | +37.8% | +36.1% | +50.6% | +49.0% | +36.2% |
| Depreciation | 2.13 | 1.89 | 2.17 | 1.30 | 1.13 | 1.11 |
| Interest | 2.27 | 0.08 | 0.09 | 0.17 | 0.54 | 1.44 |
| Profit before tax | 4.18 | 5.62 | 3.19 | 3.82 | 2.97 | (0.41) |
| Tax | 1.30 | 1.81 | 1.11 | 0.93 | 0.67 | 0.06 |
| Net profit | 3.00 | 3.55 | 2.94 | 2.88 | 2.30 | (0.47) |
| Net profit margin | +17.8% | +21.1% | +20.6% | +28.0% | +25.3% | -9.3% |
| EPS (₹) | 1.79 | 2.36 | 1.75 | 122.16 | 96.97 | (20.16) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | - | 16.12 | 11.88 | 2.38 | 2.38 | 2.38 |
| Reserves & surplus | - | 101 | 77.41 | 23.55 | 20.86 | 18.56 |
| Shareholders' funds (net worth) | - | 117 | 89.29 | 25.93 | 23.24 | 20.94 |
| Secured loans | - | 0.32 | 0.43 | 0.75 | 2.35 | 2.55 |
| Unsecured loans | - | 0.00 | 2.49 | 5.38 | 7.16 | 6.38 |
| Total debt | - | 0.32 | 2.92 | 6.13 | 9.51 | 8.93 |
| Total liabilities | - | 119 | 93.63 | 33.44 | 32.83 | 29.93 |
| Assets | ||||||
| Gross block | - | 139 | 131 | 51.28 | 42.39 | 41.23 |
| Net block | - | 97.06 | 91.64 | 34.70 | 26.90 | 26.87 |
| Capital work in progress | - | 1.43 | 1.32 | 0.80 | 5.20 | 0.19 |
| Investments | - | 0.20 | 0.20 | 0.20 | 0.71 | 0.51 |
| Inventories | - | 0.16 | 0.13 | 0.07 | 0.03 | 0.02 |
| Sundry debtors | - | 0.22 | 0.12 | 0.03 | 0.09 | 0.13 |
| Cash & bank balances | - | 17.83 | 0.62 | 0.10 | 0.20 | 0.60 |
| Loans & advances | - | 5.67 | 2.52 | 3.11 | 2.07 | 1.73 |
| Total current assets | - | 23.88 | 3.39 | 3.31 | 2.39 | 2.48 |
| Total current liabilities | - | 5.39 | 4.65 | 5.79 | 3.03 | 2.58 |
| Net working capital | - | 18.49 | (1.26) | (2.48) | (0.64) | (0.10) |
| Total assets | - | 119 | 93.63 | 33.44 | 32.83 | 29.93 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | - | 0.62 | 0.10 | 0.20 | (0.89) | 0.21 |
| Net cash from operating activities | - | 4.69 | 3.35 | 7.60 | 5.49 | 3.23 |
| Net cash from investing activities | - | (8.72) | 0.48 | (4.31) | (6.20) | 0.14 |
| Net cash from financing activities | - | 21.24 | (3.32) | (3.38) | 1.80 | (2.98) |
| Net change in cash | - | 17.20 | 0.52 | (0.10) | 1.09 | 0.38 |
| Closing cash | - | 17.83 | 0.62 | 0.10 | 0.20 | 0.60 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +0.4% | +17.9% | +38.5% | +13.3% | +78.9% | - |
| EBITDA growth | -17.6% | +23.5% | -1.2% | +17.1% | +141.9% | - |
| PBT growth | -25.6% | +76.2% | -16.5% | +28.6% | +9998.0% | +9997.0% |
| Net income growth | -15.5% | +20.8% | +2.1% | +25.2% | +589.4% | - |
| Revenue CAGR (3Y) | +17.9% | +22.7% | +41.1% | - | - | - |
| EBITDA CAGR (3Y) | +0.2% | +12.6% | +40.9% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +17.1% | +22.7% | +14.6% | +28.1% | +25.3% | -9.3% |
| Return on capital employed | - | +16.4% | +21.5% | +19.1% | +18.4% | +5.8% |
| Return on net worth | - | +12.0% | +18.7% | +23.3% | +23.4% | -5.5% |
| Debt / equity | - | 0.05 | 0.29 | 0.63 | 0.94 | 1.03 |
| Long-term debt / equity | - | 0.01 | 0.02 | 0.12 | 0.29 | 0.36 |
| Interest cover | 72.99 | 1.79 | 3.02 | 4.35 | 16.27 | 197.26 |
| Efficiency & per share | ||||||
| Fixed asset turnover | - | 0.27 | 0.29 | 0.30 | 0.31 | 0.18 |
| Inventory turnover | - | 115.93 | 142.60 | 206.00 | 363.60 | 254.00 |
| Debtors turnover | - | 98.88 | 190.13 | 171.67 | 82.64 | 39.08 |
| EPS (₹) | 1.79 | 2.36 | 1.75 | 122.16 | 96.97 | (20.16) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 28.48 | 14.77 | 584.28 | 462.12 | 365.15 |
To see the full year-wise statements and ratios of Saj Hotels Limited, buy the company report.
Board of directors of Saj Hotels Limited
Saj Hotels has 7 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karna Kartik Timbadia | Managing Director | 08 Mar 2011 | 15 Years 7 Months | Current |
| Kartik Maganlal Timbadia | Director | 11 Jun 2003 | 23 Years 4 Months | Current |
| Rahul Maganlal Timbadia Also directs: La Proviso Infra Developers LLP, La-Tim Life Style and Resorts Limited, Sanctuary Design and Development Private Limited and 3 more | Director | 29 Jan 2021 | 5 Years 8 Months | Current |
| Parth Rahul Timbadia Also directs: Latim Realty LLP, La Proviso Infra Developers LLP, Coast to Coast Hospitality and Lifestyle LLP and 4 more | Director | 14 Nov 2024 | 1 Years 11 Months | Current |
| Arun Manohar Wadhwa Also directs: Envisage Insights LLP, Digielves Technologies LLP, Digielves Tech Wizards Private Limited and 1 more | Director | 14 Nov 2024 | 1 Years 11 Months | Current |
| Dhruti Kashyap Shah | Director | 29 Mar 2024 | 2 Years 6 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Saj Hotels Limited is compared with the 6 companies closest to it by revenue in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rathi Resorts Private Limited | ₹18.09 Cr (FY 2025) | 4.0% | Pune, Maharashtra, India | |||
| Charans Plaza Private Limited | ₹18.07 Cr (FY 2025) | -1.0% | Lucknow, Uttar Pradesh, India | |||
| Jardin Hospitality Private Limited | ₹18.06 Cr (FY 2025) | -3.0% | Indore, Madhya Pradesh, India | |||
| Angel Baby Products Private Limited | ₹18.02 Cr (FY 2025) | -30.0% | Noida, Uttar Pradesh, India | |||
| Xenia Abode Services Private Limited | ₹18 Cr (FY 2019) | -55.0% | Chennai, Tamil Nadu, India | |||
| Hotel Radha Private Limited | ₹18 Cr (FY 2024) | -15.0% | Tamil Nadu, India | |||
| Saj Hotels Limitedthis company | ₹16.88 Cr (FY 2026) | ₹2.89 Cr | 17.1% | Satara, Maharashtra, India |
To see the full peer comparison of Saj Hotels Limited, buy the company report.
Charges & borrowings
Open charges
₹71.33 Cr
Satisfied charges
₹151.6 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2026 | 101383312 | Others | ₹22 Lakh | Open | |
| 25 Jun 2026 | 101326325 | Others | ₹98 Lakh | Open | |
| 09 Jun 2026 | 101326313 | Others | ₹4.95 Cr | Open | |
| 28 Apr 2026 | 101282430 | Others | ₹15 Lakh | Open | |
| 09 Jun 2025 | 101117794 | Others | ₹25 Cr | Open |
To see the full charge records of Saj Hotels Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Saj Hotels Limited has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 ipo), with disclosed funding of ₹2.26 Cr; the latest was in October 2024.
Total deals
5
Funding rounds
2
Secondary share transfers
2
IPO
1
Disclosed funding
₹2.26 Cr
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2024 | IPO | ₹27.63 Cr | Investors: Public Market Investors |
| Dec 2015 | Secondary share transfer | Undisclosed | Buyer: Tutor Investment and Finance Pvt Ltd Seller: La-Tim Lifestyle & Resorts Limited & Karna Timbadia, La-Tim Lifestyle & Resorts Limited & Rahul Timbadia, La-Tim Life Style and Resorts Limited |
| Mar 2010 | Secondary share transfer | Undisclosed | Seller: La-Tim Life Style and Resorts Limited |
| Mar 2009 | Funding round | ₹2.25 Cr | Investors: an individual |
To see the full deal history of Saj Hotels Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Saj Hotels Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Saj Hotels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saj Hotels has 4 GST registrations: 3 active and 1 cancelled or inactive.
Total GSTINs
4
Active
3
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCS7712E1Z9 | Maharashtra | Active | 01 Jul 2017 |
| 23AAKCS7712E1ZH | Madhya Pradesh | Active | 12 Jul 2019 |
| 30AAKCS7712E2ZL | Goa | Active | 14 Jun 2022 |
To see the full GST registrations and return filing status of Saj Hotels Limited, buy the company report.
Recent activity
Saj Hotels Limited has 18 board changes on record since 2003: 7 appointments and 11 cessations. The latest: Arun Manohar Wadhwa ceased to be Additional Director on 21 Dec 2025.
AGM
Saj Hotels Limited last Annual general meeting of members was held on 29 Sep 2026 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.22 Cr with Charge ID 101383312 was registered on 29 Aug 2026.
Charges
A charge with Others amounted to Rs. 0.98 Cr with Charge ID 101326325 was registered on 25 Jun 2026.
Charges
A charge with Others amounted to Rs. 4.95 Cr with Charge ID 101326313 was registered on 09 Jun 2026.
Charges
A charge with Others of Rs. 0.15 Cr registered on 28 Apr 2026 with Charge ID 101282430 was modified on 04 May 2026.
Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 101282430 was registered on 28 Apr 2026.
Filing
Saj Hotels Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Pune.
Ceased
Arun Manohar Wadhwa ceased to be Additional Director.
Ceased
Parth Rahul Timbadia ceased to be Additional Director.
Charges
A charge with Others of Rs. 39.42 Cr registered on 09 Jun 2025 with Charge ID 101128870 was modified on 03 Dec 2025.
Charges
A charge registered on 17 Jan 2024 via Charge ID 100864041 with Others was fully satisfied on 27 Jun 2025.
Charges
A charge with Others amounted to Rs. 25.00 Cr with Charge ID 101117794 was registered on 09 Jun 2025.
40 earlier events are in the company report.
Frequently asked questions
Saj Hotels is an active public limited company based in Satara, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 04 February 1981 (45+ years old) and is registered under CIN L55101PN1981PLC023814. Listed on NSE: SAJHOTELS.
Saj Hotels reported revenue of ₹16.88 Cr for FY 2025-26 based on consolidated financials.
Saj Hotels has 7 current directors:
- Karna Kartik Timbadia - Managing Director
- Kartik Maganlal Timbadia - Director
- Rahul Maganlal Timbadia - Director
- Parth Rahul Timbadia - Director
- Arun Manohar Wadhwa - Director
- Dhruti Kashyap Shah - Director
- Biren Kishorechandra Parekh - Director
The latest financial statements of Saj Hotels on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Saj Hotels is 27AAKCS7712E1Z9, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 23AAKCS7712E1ZH (Madhya Pradesh), 30AAKCS7712E2ZL (Goa).
The CIN (Corporate Identification Number) of Saj Hotels is L55101PN1981PLC023814. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Saj Hotels is a listed company as per MCA records. Its shares are listed on NSE (symbol: SAJHOTELS).
Saj Hotels was incorporated on 04 February 1981, making it 45+ years old. It is registered with the Registrar of Companies, Pune.
Saj Hotels has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 ipo), with disclosed funding of ₹2.26 Cr; the latest was in October 2024.
The peers of Saj Hotels by revenue are Rathi Resorts Private Limited, Charans Plaza Private Limited, Jardin Hospitality Private Limited, Angel Baby Products Private Limited, Xenia Abode Services Private Limited and 1 more, all in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Arun Manohar Wadhwa ceased to be Additional Director on 21 Dec 2025. Parth Rahul Timbadia ceased to be Additional Director on 21 Dec 2025. Arun Manohar Wadhwa was appointed as Director on 14 Nov 2024. Saj Hotels has 18 board changes on record in total.