Debut Plus

44.65

+5.55 +14.19%

16 Jul 2026

NSE Listed

Saj Hotels Limited (SAJHOTELS)

Volume: 2,04,000Avg Vol 1W: 1,77,200Avg Vol 1M: 1,99,60052W Range:24.880.25
Market Cap₹63 Cr
Current Price₹44.65
Previous Close₹39.1
High / Low (52w)₹80.25 / ₹24.8
Volume2,04,000
Avg Vol (1W)1,77,200
Avg Vol (1M)1,99,600
Stock P/E73.77
Book Value₹74.25
Dividend Yield0%
ROE2.3%
ROA1.9%
Revenue (TTM)₹18 Cr
Revenue Growth12.1%
Profit Margin16.4%
Total Debt₹0 Cr
Shares Outstanding2 Cr
Face Value₹10
EPS (TTM)₹0.53
P/B0.53
Debt / Equity0.19
50 DMA₹35.47
200 DMA₹51.75
Day change+14.19%
Price Chart
44.65 32.91% · 1Y
76275.3L
2025-07-16
2026-07-15

20-day avg volume: 2.0L shares

Pros
  • Company is almost debt-free.
  • Stock trades below its book value.
Cons
  • Revenue fell 37% YoY.
  • Company is loss-making at the latest annual result.
  • Stock trades at a high P/E of 74.
Quarterly Results
MetricJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue₹3 Cr₹4 Cr₹5 Cr₹5 Cr₹4 Cr₹4 Cr₹5 Cr₹5 Cr
EBITDA₹1 Cr₹2 Cr₹2 Cr₹1 Cr₹1 Cr₹2 Cr₹2 Cr₹2 Cr
Net Profit₹0 Cr₹1 Cr₹1 Cr₹1 Cr₹0 Cr₹1 Cr₹1 Cr₹1 Cr
EPS
Profit & Loss (Annual)
MetricMar 2021Mar 2022Mar 2023Mar 2024
Revenue₹8 Cr₹13 Cr₹13 Cr₹15 Cr
EBITDA₹0 Cr₹3 Cr₹1 Cr₹5 Cr
Net Profit₹-1 Cr₹1 Cr₹3 Cr₹3 Cr
EPS-1.011.2132.9
Balance Sheet
MetricMar 2021Mar 2022Mar 2023Mar 2024
Total Assets₹33 Cr₹96 Cr₹99 Cr₹98 Cr
Total Liabilities₹13 Cr₹14 Cr₹13 Cr₹9 Cr
Equity₹20 Cr₹82 Cr₹86 Cr₹89 Cr
Total Debt
Cash Flow
MetricMar 2021Mar 2022Mar 2023Mar 2024
Operating₹5 Cr₹4 Cr₹8 Cr₹6 Cr
Investing₹-1 Cr₹-4 Cr₹-6 Cr₹-1 Cr
Financing₹-3 Cr₹1 Cr₹-2 Cr₹-3 Cr
Free Cash Flow₹5 Cr₹4 Cr₹8 Cr₹6 Cr
Shareholding
Promoter 64.27% Institutions 0.32% Public 35.4%
Efficiency & Working Capital
ROCE4.4%
Interest Coverage51.8
Dividend Payout
Debtor Days3 d
Inventory Days3 d
Payable Days9 d
Cash Conversion Cycle-2 d
Working Capital Days6 d
Shareholding Details

As of 2026-03-31

Promoter64.3%
FII0%
DII0.3%
Institutions0.3%
Public35.4%
Promoter Pledge0%
No. of Shareholders746
Shareholding Pattern

Quarterly — figures in %. Latest 10 quarters.

PeriodMay 2024May 2024Oct 2024Oct 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Promoters84.1%84.1%62%62%62.1%62.1%62.5%63.3%63.9%64.3%
FIIs0%0%0.4%0.4%0%0%0%0%0%0%
DIIs15.9%0%0%0%0%0%0%0.1%0.2%0.3%
Public0%15.9%37.7%37.7%37.9%37.9%37.5%36.5%35.8%35.4%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%
No. of Shareholders41411,9641,9641,413962882809781746
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503
Major Shareholders (>1%)
NameCategoryStakeShares
Rahul Maganlal TimbadiaShareholding of Promoter and Promoter Group58.1%93,64,000
Reina R JaisinghaniPublic Shareholding6.2%10,00,000
Devesh Sumant PendharkarPublic Shareholding3.2%5,16,000
La-tim Life Style And Resort LimitedShareholding of Promoter and Promoter Group2.2%3,60,000
Kartik Maganlal TimbadiaShareholding of Promoter and Promoter Group2%3,26,000
Karna Kartik TimbadiaShareholding of Promoter and Promoter Group1.9%3,12,000
Sandeep SinghPublic Shareholding1.4%2,20,000
Sodhani CapitalPublic Shareholding1.2%2,00,000
GunjanPublic Shareholding1.1%1,74,000
Parth Rahul TimbadiaShareholding of Promoter and Promoter Group0%500
Almitra Ballal ChandrachudShareholding of Promoter and Promoter Group0%500
Jalpa Karna TimbadiaShareholding of Promoter and Promoter Group0%500
Latim Sourcing (i) Pvt Ltd ?? ?? ??Shareholding of Promoter and Promoter Group0%0
My Own Room Dot In Pvt Ltd.Shareholding of Promoter and Promoter Group0%0
Perhaps Food Pvt Ltd ?? ?? ?? ??Shareholding of Promoter and Promoter Group0%0
Sanctuary Design And Development Pvt LtdShareholding of Promoter and Promoter Group0%0
Latim Metal & Industries LimitedShareholding of Promoter and Promoter Group0%0
Champaca BookstoreShareholding of Promoter and Promoter Group0%0
Latim Investment And Finance CoShareholding of Promoter and Promoter Group0%0
Partnership FirmsShareholding of Promoter and Promoter Group0%0
Coast To Coast Hospitality.Shareholding of Promoter and Promoter Group0%0
Latim Realty LlpShareholding of Promoter and Promoter Group0%0
La Proviso Infra Developers LlpShareholding of Promoter and Promoter Group0%0
Ira Latim Farms Llp.?? ??Shareholding of Promoter and Promoter Group0%0
Suchita Kartik TimbadiaShareholding of Promoter and Promoter Group0%500
Promoter Pledges
HolderPledged Shares% of HoldingAs of
Almitra Ballal Chandrachud00%2026-03-31
Jalpa Karna Timbadia00%2026-03-31
Karna Kartik Timbadia00%2026-03-31
Kartik Maganlal Timbadia00%2026-03-31
Parth Rahul Timbadia00%2026-03-31
Rahul Maganlal Timbadia00%2026-03-31
Suchita Kartik Timbadia00%2026-03-31
Saisha Karna Timbadia00%2026-03-31
Amita Rahul Timbadia00%2026-03-31
Radhika Rahul Timbadia00%2026-03-31
Tanvi Kartik Timbadia00%2026-03-31
Saumya Khona ?? ?? ?? ?? ??00%2026-03-31
Board of Directors
NameDesignationYear
Rahul Maganlal TimbadiaChairperson2025
KARNA KARTIK TIMBADIAED / MD / Promoter2025
Kartik TimbadiaExecutive Director2025
Biren Kishore ParekhIndependent Non Exe. Director2025
Dhruti Kashyap ShahIndependent Non Exe. Director2025
Parth Rahul TimbadiaExecutive Non Independent Dir.2025
Arun Manohar WadhwaIndependent Director2025
Segments — Product
SegmentRevenueShare
Hospitality / Hotel Business₹0 Cr
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2025₹10201616
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
20250007714
20250006713
2025000101
Company Information
Incorporated1981
ChairmanRahul Maganlal Timbadia
AuditorDhirubhai Shah & Co LLP
Investor Email[email protected]
🌐 www.sajresorts.com

📍 Saj on the Mountains Survey.18, Mahabaleshwar Panchgani Road, Satara, Maharashtra, 412806

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