Sayaji Industr

Why is Sayaji Industries Ltd falling/rising?

As of 28-Jun, Sayaji Industries Ltd's stock price has declined to Rs 112.40, down 3.02%, due to underperformance against its sector, decreased investor participation, and unfavorable moving averages. These factors indicate a short-term bearish trend for the stock.

As of 28-Jun, Sayaji Industries Ltd is experiencing a decline in its stock price, currently at Rs 112.40, which reflects a change of -3.5 (-3.02%). This drop can be attributed to several factors. Firstly, the stock has underperformed compared to the sector, with a performance today that is -4.05% lower than its peers. Additionally, the stock opened with a loss of -3.36% and reached an intraday low of Rs 110.15, marking a decrease of -4.96%.<BR><BR>Investor participation has also decreased significantly, as evidenced by a delivery volume of only 1.1k on 24 June, which is a staggering -82.56% lower than the 5-day average delivery volume. This decline in investor interest may contribute to the downward pressure on the stock price. Furthermore, while the stock is trading above its 100-day and 200-day moving averages, it is below its 5-day, 20-day, and 50-day moving averages, indicating a short-term bearish trend.<BR><BR>Overall, the combination of poor performance relative to the sector, reduced investor participation, and unfavorable moving averages are key factors contributing to the decline in Sayaji Industries Ltd's stock price.

Which are the latest news on Sayaji Industr?

What does Sayaji Industr do?

Sayaji Industries Ltd manufactures starches and modified starches, operating in the Other Agricultural Products industry. As of March 2026, it reported net sales of 268 Cr and a net profit of 11 Cr, with a market cap of INR 358 Cr.

Overview: <BR>Sayaji Industries Ltd is engaged in the manufacture of starches, modified starches, and other derivatives, operating within the Other Agricultural Products industry and classified as a Micro Cap company.<BR><BR>History: <BR>Sayaji Industries Limited was incorporated on January 30, 1941. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 268 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 11 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 358 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 248.00 <BR>Industry P/E: 45 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 2.42 <BR>Return on Equity: 1.49% <BR>Price to Book: 3.87 <BR><BR>Contact Details: <BR>Address: Kathwada PO, Maize Products Ahmedabad Gujarat : 382430 <BR>Phone: 91-79-22901581-85 <BR>Email: maize@maizeproducts.com <BR>Website: http://www.sayajigroup.in; www.maizeproducts.com

How big is Sayaji Industr?

As of 10th June, Sayaji Industries Ltd has a market capitalization of 358.00 Cr and reported net sales of 1071.75 Cr and a net profit of 1.38 Cr over the latest four quarters.

As of 10th June, <BR><BR>Market Cap: Sayaji Industries Ltd has a market capitalization of 358.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 1071.75 Cr, while the sum of Net Profit for the same period is 1.38 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2025. Shareholder's Funds stand at 91.51 Cr, and Total Assets amount to 521.72 Cr.

Who are in the management team of Sayaji Industr?

The management team of Sayaji Industries includes Chairman & Managing Director Priyam B Mehta, Executive Directors Varun P Mehta and Vishal P Mehta, Whole Time Director Amit Nareshchandra Shah, and Director Sujata P Mehta, along with several independent directors and Company Secretary Rajesh H Shah. This team is responsible for the company's strategic direction and regulatory compliance.

The management team of Sayaji Industries includes the following key members:<BR><BR>1. **Priyam B Mehta** - Chairman & Managing Director<BR>2. **Varun P Mehta** - Executive Director<BR>3. **Vishal P Mehta** - Executive Director<BR>4. **Amit Nareshchandra Shah** - Whole Time Director - Technical<BR>5. **Sujata P Mehta** - Director<BR><BR>Additionally, the board includes several independent directors:<BR><BR>1. **Gaurang K Dalal** - Independent Director<BR>2. **Janak D Desai** - Independent Director<BR>3. **Chirag M Shah** - Independent Director<BR>4. **Jaysheel Hazarat** - Independent Director<BR>5. **Birad Yajnik** - Independent Director<BR><BR>Lastly, **Rajesh H Shah** serves as the Company Secretary and Compliance Officer. This team plays a crucial role in guiding the company's strategic direction and ensuring compliance with regulatory standards.

Who are the peers of the Sayaji Industr?

Sayaji Industr's peers include Mangalam Global, Sukhjit Starch, Sarveshwar Foods, Nath Bio-Genes, Prime Fresh, Aelea Commoditi, Halder Venture, KN Agri Resource, and Sawaliya Food, with varying management risks and growth rates. Halder Venture has the highest 1-year return at 227.86%, while Sarveshwar Foods has the lowest at -54.78%.

Peers: The peers of Sayaji Industr are Mangalam Global, Sukhjit Starch, Sarveshwar Foods, Nath Bio-Genes, Prime Fresh, Aelea Commoditi., Halder Venture, KN Agri Resource, and Sawaliya Food.<BR><BR>Quality Snapshot: Excellent management risk is observed at Prime Fresh and Aelea Commoditi., while Good management risk is found at Sawaliya Food. Average management risk is present at Sukhjit Starch, Sarveshwar Foods, and Halder Venture, and the rest have Below Average management risk. In terms of growth, Excellent growth is seen at Mangalam Global and Aelea Commoditi., while Good growth is found at Sarveshwar Foods and Prime Fresh. Average growth is present at Sukhjit Starch and Halder Venture, while the rest have Below Average growth. For capital structure, Excellent capital structure is noted at Prime Fresh, while Good capital structure is found at Nath Bio-Genes and KN Agri Resource. Average capital structure is present at Sukhjit Starch, Sarveshwar Foods, and Halder Venture, and the rest have Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Halder Venture at 227.86%, while Sarveshwar Foods has the lowest at -54.78%. Sayaji Industr's 1-year return of 88.94% is significantly higher than Sarveshwar Foods but lower than Halder Venture. Additionally, peers with negative six-month returns include Sarveshwar Foods, Halder Venture, Aelea Commoditi., and Nath Bio-Genes.

Are Sayaji Industries Ltd latest results good or bad?

Sayaji Industries Ltd's latest quarterly results show a significant profit rebound, with a net profit of ₹10.96 crores, but the company still faces challenges with an annual net loss of ₹15.00 crores and low return on equity, indicating caution for investors.

Sayaji Industries Ltd's latest results present a mixed picture. On one hand, the company reported a significant rebound in its quarterly performance for Q4 FY25, with a consolidated net profit of ₹10.96 crores, marking a remarkable 216.76% increase quarter-on-quarter. Additionally, the operating margin improved to 8.45%, the highest in eight quarters, indicating better cost management and pricing strategies.<BR><BR>However, despite this positive quarterly performance, the overall annual results for FY25 are concerning. The company posted a full-year net loss of ₹15.00 crores, slightly better than the ₹16.00 crore loss in FY24, but still indicative of ongoing operational challenges. The year-on-year profit change shows a sharp deterioration of 241.60%, highlighting that the recent quarterly success may not be sustainable.<BR><BR>Moreover, the company's return on equity (ROE) remains low at 7.67%, and its financial leverage is high, with a debt-to-EBITDA ratio of 6.92 times, which poses risks to its financial stability. The absence of institutional investor interest further reflects a lack of confidence in the company's long-term prospects.<BR><BR>In summary, while the latest quarterly results show promise, the persistent annual losses and underlying financial challenges suggest that Sayaji Industries is still navigating a precarious situation. Investors should approach with caution, weighing the recent improvements against the broader financial context.

Should I buy, sell or hold Sayaji Industries Ltd?

When is the next results date for Sayaji Industries Ltd?

The next results date for Sayaji Industries Ltd is 05 May 2026.

The next results date for Sayaji Industries Ltd is scheduled for 05 May 2026.

How has been the historical performance of Sayaji Industr?

Sayaji Industries experienced fluctuating financial performance, with net sales increasing to 1,003.95 Cr in March 2025 but facing a decline in operating profit to -11.24 Cr and negative cash flow of -33.00 Cr, indicating ongoing profitability and cash flow challenges despite revenue growth.

Answer:<BR>The historical performance of Sayaji Industries shows fluctuations in key financial metrics over the years, with notable changes in revenue, profit, and expenses.<BR><BR>Breakdown:<BR>Sayaji Industries reported net sales of 1,003.95 Cr in March 2025, an increase from 975.40 Cr in March 2024, but a decrease from 1,040.11 Cr in March 2023. Total operating income followed a similar trend, reaching 1,003.95 Cr in March 2025, up from 975.40 Cr in the previous year. However, total expenditure increased to 1,015.19 Cr in March 2025 from 970.03 Cr in March 2024, leading to an operating profit (PBDIT) of -11.24 Cr in March 2025, down from 5.37 Cr in March 2024. The profit before tax also declined to -17.55 Cr in March 2025 from -23.46 Cr in March 2024, resulting in a profit after tax of -15.32 Cr, slightly improved from -16.23 Cr in the previous year. The company's total assets decreased to 521.72 Cr in March 2025 from 537.87 Cr in March 2024, while total liabilities also fell to 521.72 Cr from 537.87 Cr. Cash flow from operating activities turned negative at -33.00 Cr in March 2025, compared to a positive 40.00 Cr in March 2024, indicating challenges in cash generation. Overall, the financial performance of Sayaji Industries reflects a mix of growth in sales but ongoing struggles with profitability and cash flow management.

Who are the top shareholders of the Sayaji Industr?

The top shareholder of Sayaji Industries is the Varun Family Trust, holding 16.93%. Promoters primarily own the company, with no pledged holdings, while individual investors collectively own 21.96%, and there are no mutual funds or foreign institutional investors involved.

The top shareholders of Sayaji Industries include the Varun Family Trust, which holds the largest stake at 16.93%. The company is primarily owned by its promoters, with no pledged promoter holdings reported. In terms of public shareholders, the highest individual investor is Nisarg Ajaykumar Vakharia, who holds 2.94%. Additionally, individual investors collectively own 21.96% of the shares. There are currently no mutual funds or foreign institutional investors holding shares in the company.

Is Sayaji Industr overvalued or undervalued?

As of February 9, 2024, Sayaji Industries is considered risky and overvalued due to a negative PE ratio of -16.05, an EV to EBITDA ratio of -35.50, and a ROCE of -9.88%, despite having outperformed the Sensex over the past year with a 58.33% return.

As of 9 February 2024, the valuation grade for Sayaji Industries has moved from attractive to risky, indicating a significant shift in its financial outlook. The company is currently assessed as overvalued based on its negative PE ratio of -16.05 and an EV to EBITDA ratio of -35.50, which are stark contrasts to its peers. Additionally, the ROCE stands at -9.88%, further highlighting the company's struggles in generating returns.<BR><BR>In comparison to its peers, such as Hindustan Unilever with a PE ratio of 53.88 and Nestle India at 75.2, Sayaji Industries' metrics suggest a concerning financial position. The EV to Sales ratio of 0.40 is also notably lower than many competitors, indicating potential inefficiencies. While the stock has outperformed the Sensex over the past year with a return of 58.33%, its year-to-date performance shows a decline of 19.94%, reinforcing the notion that the stock may be overvalued in the current market context.

What is the technical trend for Sayaji Industr?

As of April 7, 2025, Sayaji Industries shows a mildly bullish trend overall, supported by the monthly MACD and KST indicators, despite mixed signals from the weekly charts.

As of 7 April 2025, the technical trend for Sayaji Industries has changed from bullish to mildly bullish. The weekly MACD indicates a mildly bearish stance, while the monthly MACD remains bullish. The daily moving averages are mildly bullish, supporting the overall mildly bullish trend. Bollinger Bands show a bearish signal on the weekly chart but are mildly bullish on the monthly chart. The KST is mildly bullish on the weekly and bullish on the monthly, providing some positive momentum. However, both the weekly and monthly Dow Theory indicate no clear trend. Overall, the technical stance is mildly bullish, driven primarily by the monthly MACD and KST indicators.

Has Sayaji Industr declared dividend?

Yes, Sayaji Industries Ltd has declared a 20% dividend, amounting to ₹1 per share, with an ex-date of July 29, 2022. However, the dividend yield is 0%, and total returns over various periods show strong price performance despite minimal dividend contributions.

Sayaji Industries Ltd has declared a 20% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 20%<BR>- Amount per share: 1 per share<BR>- Ex-date: 29 Jul 22<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -7.47%, with a dividend return of 0%, resulting in a total return of -7.47%.<BR><BR>For the 1-year period, the price return was 64.74%, with a dividend return of 0%, leading to a total return of 64.74%.<BR><BR>During the 2-year period, the price return was 82.81%, and the dividend return was 0%, resulting in a total return of 82.81%.<BR><BR>In the 3-year period, the price return was 29.55%, with a dividend return of 0.52%, culminating in a total return of 30.07%.<BR><BR>For the 4-year period, the price return was 19.75%, and the dividend return was 0.83%, leading to a total return of 20.58%.<BR><BR>In the 5-year period, the price return was 155.38%, with a dividend return of 1.38%, resulting in a total return of 156.76%.<BR><BR>Overall, Sayaji Industries Ltd has declared a dividend, but the dividend yield remains at 0%. The total returns over various periods show a mix of positive price returns, particularly in the longer terms, indicating strong performance despite the lack of significant dividend contributions.