Sayaji Hotels Reports Mixed Performance in Q1 FY25 Financial Results

Sayaji Hotels, a microcap company in the hotel industry, recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.

According to the financial report, Sayaji Hotels has seen a negative performance in the quarter, with a score of -6. However, there has been an improvement from the previous quarter’s score of -17.

One of the positive aspects of the company’s financials is its operating cash flow, which has been the highest in the last three years at Rs 47.62 crore. This indicates that the company has generated higher cash revenues from its business operations.

On the other hand, the company’s profit after tax (PAT) for the quarter has fallen by 20.1% year on year, standing at Rs 1.27 crore. The trend for PAT in the near term is also negative. Similarly, the net sales for the nine-month period have shown a decline of 36.03% year on year, with a negative trend in the near term.

Another concerning aspect is the company’s debtors turnover ratio, which is at its lowest in the last five half-yearly periods at 15.90 times. This indicates that the company’s pace of settling its debtors has slowed down.

Overall, Sayaji Hotels has shown a mixed performance in the quarter ending June 2024. While there are some positive aspects, there are also areas of concern that need to be addressed. Investors are advised to carefully analyze the company’s financials before making any investment decisions.