What we do Sayaji Hotels Ltd operates and manages a chain of hotels and restaurants in India under brands like Sayaji, Effotel, and Enrise, targeting business and leisure travelers. |
Founded in 1,982 |
Market share Strong pan-India presence with 31 operational hotels and multiple under development, leading in midscale hospitality segments. |
Problem solved Provides quality accommodation and dining options in key Indian cities addressing business travelers' and tourists' demand for comfort and convenience. |
Top clients or who we serve B2C primarily; caters to corporate clients, tourists, and event organizers across India. |
Key management - |
Our journey and innovations Started in 1982, expanded from single hotels to multi-brand chain; pioneered refurbishment and upscale mid-segment hotels; recently consolidated via amalgamation in 2023. |
Where we operate Primarily Indian cities—Indore, Vadodara, Pune, Bhopal, Raipur, Dehradun, Goa, and others. |
Top products or what we offer Hotel rooms, banquet facilities, restaurants, event spaces under brands Sayaji Hotels, Effotel, Enrise, Barbeque Nation restaurants. |
Top brands Sayaji Hotels (#1 midscale city hotel), Effotel (business hotels), Enrise (largest hotel footprint), Barbeque Nation (restaurant chain). |
Raw materials needed Hospitality essentials like food supplies, linen, beverage stock, maintenance materials. |
Raw materials supplier Local and national food and beverage suppliers, linen providers, maintenance contractors. |
Recurring vs cyclical contribution Revenue is mostly recurring through room bookings, food services and event hosting with cyclical impacts from travel trends. |
Our industry position Well-established midscale hotel chain with expanding footprint and diversified brand portfolio in Indian hospitality. |
Financial highlights FY 2024-25 revenue Rs.138.28 Cr; standalone net profit Rs.10.21 Cr; steady revenue growth from Rs.111.76 Cr previous year. |
Geographical revenue split Revenue primarily generated from hotels across multiple Indian states, with no detailed split disclosed. |
Order book - |
Whats driving growth Expansion of hotel network, brand consolidation, opening new locations, increasing domestic travel demand. |
Our future plans Ongoing hotel construction projects, rights issue of Rs.50 Cr to fund expansion, brand strengthening across India. |
Our green promise - |
Our people and values Employs 740 permanent staff; fosters meritocracy, employee development, and workplace safety policies. |
Key challenges ahead Managing growth costs, market competition, economic slowdowns, regulatory compliance, and operational risks. |
Interesting facts Amalgamated multiple hotel companies in 2023; operates integrated housekeeping subsidiary; zero tolerance for workplace harassment. |
Risks and strategy Risks include business slowdown and cyber security; mitigated with risk management policy and continuous operational improvements. |
