Sayaji Hotels (Indore) Ltd (SHILINDORE) Share Price & Fundamentals

What we do

Sayaji Hotels (Indore) Ltd owns and manages hotels, notably in Indore, combining modern luxury with local tradition to serve business and leisure travelers.

Founded in

2,018

Market share

Key player in Indore's hospitality sector with strategic location near major city attractions.

Problem solved

Provides high-quality accommodation and hospitality services meeting business travel and tourism needs in Central India.

Top clients or who we serve

Business travelers, tourists visiting Indore; operates in B2C hospitality services.

Key management

Mr. Raoof Razak Dhanani, Managing Director; Mr. Thottappully Narayanan Unni, Chairman and Independent Director.

Our journey and innovations

Incorporated in 2018; rebranded in 2021; expanded by demerging Sayaji Hotels Ltd's Indore business in 2023, listed in 2024.

Where we operate

Primarily operates in Indore, Madhya Pradesh, India.

Top products or what we offer

Full-service hotel accommodations, multiple dining options, conference and business facilities under the Hotel Sayaji brand.

Top brands

Hotel Sayaji - recognized for modern amenities and authentic local experience.

Raw materials needed

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Raw materials supplier

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Recurring vs cyclical contribution

Revenue primarily cyclical, tied to hospitality trends and tourism/business travel seasons.

Our industry position

Noted regional hotel operator with growing market presence in Central India’s hospitality industry.

Financial highlights

2024-25 Revenue: INR 105.68 Cr; Net Profit: INR 10.57 Cr; consistent profit growth year-over-year.

Geographical revenue split

Revenue largely from operations within Indore, Madhya Pradesh.

Order book

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Whats driving growth

Post-merger expansion, strong demand in Indore's growing business and tourism sectors, strategic location.

Our future plans

Continuation of growth through operational excellence and potential future asset expansions.

Our green promise

Undertakes energy conservation and sustainability initiatives as part of overall operations.

Our people and values

556 employees fostering inclusive culture prioritizing guest safety and employee development.

Key challenges ahead

Market cyclicality, competition in hospitality, economic fluctuations impacting travel.

Interesting facts

Successful Scheme of Arrangement merging major Indore hotel assets in 2023, leading to stock market listing.

Risks and strategy

Risk mitigation includes internal controls, diversification of services, and focused growth in business travel segment.