Sayaji Industr

  • Market Cap: Micro Cap
  • Industry: Other Agricultural Products
  • ISIN: INE327G01032
  • NSEID: SAYAJIIND
  • BSEID: 540728
INR
116.00
-1 (-0.85%)
BSENSE

Sep 01, 03:30 PM

BSE+NSE Vol: 928

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

928 (58.47%) Volume

Shareholding (Jun 2026)

FII

0.00%

Held by 0 FIIs

DII

0.01%

Held by 0 DIIs

Promoter

74.95%

Why is Sayaji Industries Ltd falling/rising?

02-Sep-2026

As of 01-Sep, Sayaji Industries Ltd's stock price is Rs 116.00, down 0.85%, but it has shown strong performance with a 63.36% year-to-date increase and a 45.11% return over the past year. The decline appears to be a short-term fluctuation, as the company has robust financials and is trading above its moving averages.

As of 01-Sep, Sayaji Industries Ltd is experiencing a slight decline in its stock price, currently at Rs 116.00, down by Rs 1.0 or 0.85%. Despite this decrease, the stock has shown strong performance over various periods, including a 2.11% increase over the past week and a significant 14.45% rise over the past month. Year-to-date, the stock has surged by 63.36%, and over the last year, it has generated a return of 45.11%, outperforming the broader market.<BR><BR>Today's trading session began positively, with the stock opening 2.91% higher and reaching an intraday high of Rs 120.4. However, it has underperformed its sector by 0.46% today. The stock is trading above all its moving averages, indicating a generally bullish trend. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 155.03% compared to the five-day average.<BR><BR>The company's financial performance has been robust, with a remarkable growth in operating profit of 373.3% and a 257.69% increase in profit after tax over the last six months. This strong financial backdrop, combined with a fair valuation compared to peers, suggests that the stock has solid fundamentals. However, the current price drop may be attributed to short-term market fluctuations rather than a reflection of the company's overall performance.

View full answer

Who are in the management team of Sayaji Industr?

01-Sep-2026

The management team of Sayaji Industries includes key members such as Priyam B Mehta (Chairman & Managing Director), Varun P Mehta (Executive Director), and several independent directors, bringing diverse expertise to the company.

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. **Gaurang K Dalal** - Independent Director<BR>4. **Vishal P Mehta** - Executive Director<BR>5. **Janak D Desai** - Independent Director<BR>6. **Chirag M Shah** - Independent Director<BR>7. **Rajesh H Shah** - Company Secretary & Compliance Officer<BR>8. **Sujata P Mehta** - Director<BR>9. **Jaysheel Hazarat** - Independent Director<BR>10. **Amit Nareshchandra Shah** - Whole Time Director - Technical<BR>11. **Birad Yajnik** - Independent Director<BR><BR>This diverse team brings a range of expertise and leadership to the company.

View full answer

What does Sayaji Industr do?

01-Sep-2026

Sayaji Industries Ltd manufactures starches and derivatives in the agricultural products sector. As of June 2026, it reported net sales of 288 Cr and a net profit of 7 Cr, with a market cap of INR 296 Cr.

Overview:<BR>Sayaji Industries Ltd is engaged in the manufacture of starches and other derivatives within the Other Agricultural Products industry, categorized as a Micro Cap company.<BR><BR>History:<BR>Sayaji Industries Ltd was incorporated on January 30, 1941. The company has been operational since its inception, with the latest quarterly results reported for June 2026, showing net sales and profit figures.<BR><BR>Financial Snapshot:<BR>- Net Sales: 288 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 7 Cr (Quarterly Results - Jun 2026)<BR>- Market Cap: INR 296 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 24.00<BR>- Industry P/E: 44<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 2.42<BR>- Return on Equity: 1.69%<BR>- Price to Book: 3.10<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

View full answer

Who are the peers of the Sayaji Industr?

01-Sep-2026

Sayaji Industr's peers include Mangalam Global, Modi Naturals, Sarveshwar Foods, Halder Venture, Aelea Commoditi, Nath Bio-Genes, Tierra Agrotech, and Prime Fresh. Sayaji Industr has the highest 1-year return at 46.38%, while Sarveshwar Foods has the lowest at -54.34%.

Peers: The peers of Sayaji Industr are Mangalam Global, Modi Naturals, Sarveshwar Foods, Halder Venture, Aelea Commoditi., Nath Bio-Genes, Tierra Agrotech, and Prime Fresh.<BR><BR>Quality Snapshot: Below Average management risk is observed at Mangalam Global, Halder Venture, Nath Bio-Genes, Sayaji Industr, Tierra Agrotech, and the rest. Average management risk is found at Modi Naturals, Sarveshwar Foods, Aelea Commoditi., and Prime Fresh. Excellent growth is noted at Mangalam Global and Aelea Commoditi., while Good growth is seen at Modi Naturals, Sarveshwar Foods, and Prime Fresh; Below Average growth is present at Halder Venture, Nath Bio-Genes, Sayaji Industr, Tierra Agrotech, and the rest. Below Average capital structure is indicated for Mangalam Global, Modi Naturals, Sarveshwar Foods, Halder Venture, Aelea Commoditi., Sayaji Industr, Tierra Agrotech, and the rest, while Good capital structure is noted at Nath Bio-Genes and Excellent capital structure at Prime Fresh.<BR><BR>Return Snapshot: Sayaji Industr has a 1-year return of 46.38%, which is the highest among its peers, while Sarveshwar Foods has the lowest at -54.34%. In comparison, Sayaji Industr's return significantly outperforms Sarveshwar Foods. Additionally, peers with negative six-month returns include Modi Naturals, Prime Fresh, and Nath Bio-Genes.

View full answer

How big is Sayaji Industr?

01-Sep-2026

As of 31st August, Sayaji Industries Ltd has a market capitalization of 296.00 Cr, with recent net sales of 1087.88 Cr and a net profit of 12.44 Cr. Shareholder's funds are 91.51 Cr and total assets amount to 521.72 Cr as of March 2025.

As of 31st August, Sayaji Industries Ltd has a market capitalization of 296.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Sayaji Industries reported Net Sales of 1087.88 Cr and a Net Profit of 12.44 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 91.51 Cr and Total Assets of 521.72 Cr.

View full answer

Should I buy, sell or hold Sayaji Industries Ltd?

08-Aug-2026

Are Sayaji Industries Ltd latest results good or bad?

06-May-2026

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.

View full answer

When is the next results date for Sayaji Industries Ltd?

28-Apr-2026

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.

View full answer

How has been the historical performance of Sayaji Industr?

17-Nov-2025

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.

View full answer

Who are the top shareholders of the Sayaji Industr?

17-Jul-2025

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.

View full answer

Is Sayaji Industr overvalued or undervalued?

09-Jun-2025

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.

View full answer

What is the technical trend for Sayaji Industr?

09-Jun-2025

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.

View full answer

Has Sayaji Industr declared dividend?

06-Jun-2025

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.

View full answer
iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Dashboard

1

Weak Long Term Fundamental Strength with a -9.62% CAGR growth in Operating Profits over the last 5 years

  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 5.80 times
  • The company has been able to generate a Return on Equity (avg) of 5.01% signifying low profitability per unit of shareholders funds
2

With a growth in Operating Profit of 373.3%, the company declared Very Positive results in Jun 26

3

With ROCE of 5.8, it has a Fair valuation with a 1.6 Enterprise value to Capital Employed

4

Majority shareholders : Promoters

 
5

Market Beating Performance

stock-summaryMojo Parameters

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

stock-summary
Industry

Other Agricultural Products

stock-summary
Market cap

INR 296 Cr (Micro Cap)

stock-summary
P/E

24.00

stock-summary
Industry P/E

44

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

2.42

stock-summary
Return on Equity

1.69%

stock-summary
Price to Book

3.19

Revenue and Profits:
Net Sales:
288 Cr
(Quarterly Results - Jun 2026)
Net Profit:
7 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-13.56%
0%
-13.56%
6 Months
24.73%
0%
24.73%
1 Year
45.11%
0%
45.11%
2 Years
122.05%
0%
122.05%
3 Years
150.81%
0%
150.81%
4 Years
124.24%
0%
124.24%
5 Years
94.14%
0.43%
94.57%

Latest dividend: 0.25002440214738897 per share ex-dividend date: Jul-29-2022

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

News

Sayaji Industries Ltd Falls 4.30%: Valuation Shifts and Upper Circuit Highlight Volatility

Announcements stock-summary

Announcement under Regulation 30 (LODR)-Credit Rating

29-Aug-2026 | Source : BSE

Intimation in relation to the credit rating of the company.

Announcement under Regulation 30 (LODR)-Newspaper Publication

27-Aug-2026 | Source : BSE

Submission of newspaper publication for Post-dispatch and Notice of 85th AGM of the Company.

Announcement under Regulation 30 (LODR)-Newspaper Publication

26-Aug-2026 | Source : BSE

Submission of newspaper Publication before pre-dispatch of Annual Report.

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

Sayaji Industries Ltd has declared 20% dividend, ex-date: 29 Jul 22

stock-summary
SPLITS

Sayaji Industries Ltd has announced 5:10 stock split, ex-date: 27 Dec 18

stock-summary
BONUS

Sayaji Industries Ltd has announced 3:1 bonus issue, ex-date: 07 Oct 25

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
11.01%
EBIT Growth (5y)
-9.62%
EBIT to Interest (avg)
0.37
Debt to EBITDA (avg)
7.30
Net Debt to Equity (avg)
2.42
Sales to Capital Employed (avg)
3.45
Tax Ratio
21.13%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.01%
ROCE (avg)
2.46%
ROE (avg)
5.01%

Valuation key factors

Factor
Value
P/E Ratio
24
Industry P/E
44
Price to Book Value
3.16
EV to EBIT
16.05
EV to EBITDA
9.71
EV to Capital Employed
1.63
EV to Sales
0.48
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
5.84%
ROE (Latest)
1.69%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
No Trend
No Trend
OBV
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Jun 2026stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Viva Tex-chem Pvt. Ltd (20.82%)

Highest Public shareholder

Sayaji Industries Liimited (3.38%)

Individual Investors Holdings

18.32%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Jun'26 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Jun 2026 is 5.93% vs -0.50% in Jun 2025",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Jun 2026 is 283.07% vs -32.87% in Jun 2025",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Jun'26",
        "Jun'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "288.08",
          "val2": "271.95",
          "chgp": "5.93%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "17.68",
          "val2": "3.45",
          "chgp": "412.46%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "6.38",
          "val2": "5.70",
          "chgp": "11.93%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "7.03",
          "val2": "-3.84",
          "chgp": "283.07%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "6.14%",
          "val2": "1.27%",
          "chgp": "4.87%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2025 is 6.80% vs 4.91% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2025 is -466.96% vs -17.95% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'25",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "521.27",
          "val2": "488.08",
          "chgp": "6.80%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1.32",
          "val2": "-16.32",
          "chgp": "108.09%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "12.08",
          "val2": "8.72",
          "chgp": "38.53%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-13.04",
          "val2": "-2.30",
          "chgp": "-466.96%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "0.25%",
          "val2": "-3.34%",
          "chgp": "3.59%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2025 is 6.18% vs 6.63% in Dec 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2025 is -175.29% vs 10.77% in Dec 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'25",
        "Dec'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "804.17",
          "val2": "757.38",
          "chgp": "6.18%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "16.26",
          "val2": "-9.13",
          "chgp": "278.09%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "18.61",
          "val2": "13.78",
          "chgp": "35.05%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-9.58",
          "val2": "-3.48",
          "chgp": "-175.29%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "2.02%",
          "val2": "-1.21%",
          "chgp": "3.23%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'26",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2026 is 6.75% vs 2.93% in Mar 2025",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2026 is 112.67% vs 4.43% in Mar 2025",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'26",
        "Mar'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,071.76",
          "val2": "1,003.95",
          "chgp": "6.75%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "38.93",
          "val2": "-11.24",
          "chgp": "446.35%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "24.90",
          "val2": "19.23",
          "chgp": "29.49%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "1.42",
          "val2": "-11.21",
          "chgp": "112.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "3.63%",
          "val2": "-1.12%",
          "chgp": "4.75%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]

Quarterly Results Snapshot (Consolidated) - Jun'26 - YoYstock-summary

Jun'26
Jun'25
Change(%)
Net Sales
288.08
271.95
5.93%
Operating Profit (PBDIT) excl Other Income
17.68
3.45
412.46%
Interest
6.38
5.70
11.93%
Exceptional Items
0.00
0.00
Consolidate Net Profit
7.03
-3.84
283.07%
Operating Profit Margin (Excl OI)
6.14%
1.27%
4.87%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Jun 2026 is 5.93% vs -0.50% in Jun 2025

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Jun 2026 is 283.07% vs -32.87% in Jun 2025

Half Yearly Results Snapshot (Consolidated) - Sep'25stock-summary

Sep'25
Sep'24
Change(%)
Net Sales
521.27
488.08
6.80%
Operating Profit (PBDIT) excl Other Income
1.32
-16.32
108.09%
Interest
12.08
8.72
38.53%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-13.04
-2.30
-466.96%
Operating Profit Margin (Excl OI)
0.25%
-3.34%
3.59%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2025 is 6.80% vs 4.91% in Sep 2024

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2025 is -466.96% vs -17.95% in Sep 2024

Nine Monthly Results Snapshot (Consolidated) - Dec'25stock-summary

Dec'25
Dec'24
Change(%)
Net Sales
804.17
757.38
6.18%
Operating Profit (PBDIT) excl Other Income
16.26
-9.13
278.09%
Interest
18.61
13.78
35.05%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-9.58
-3.48
-175.29%
Operating Profit Margin (Excl OI)
2.02%
-1.21%
3.23%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2025 is 6.18% vs 6.63% in Dec 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2025 is -175.29% vs 10.77% in Dec 2024

Annual Results Snapshot (Consolidated) - Mar'26stock-summary

Mar'26
Mar'25
Change(%)
Net Sales
1,071.76
1,003.95
6.75%
Operating Profit (PBDIT) excl Other Income
38.93
-11.24
446.35%
Interest
24.90
19.23
29.49%
Exceptional Items
0.00
0.00
Consolidate Net Profit
1.42
-11.21
112.67%
Operating Profit Margin (Excl OI)
3.63%
-1.12%
4.75%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2026 is 6.75% vs 2.93% in Mar 2025

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2026 is 112.67% vs 4.43% in Mar 2025

stock-summaryCompany CV
About Sayaji Industries Ltd stock-summary
stock-summary
Sayaji Industries Ltd
Micro Cap
Other Agricultural Products
Sayaji Industries Limited was incorporated on January 30, 1941. The Company is engaged in the business of manufacture of Starches, Modified Starches as well as other derivatives like Liquid Glucose, Dextrose Monohydrate, Dextrose Anhydrous, Sorbitol and its bye products like Maize Oil, Maize Gluten at Kathwada, Ahmedabad. The Company is having manufacturing facilities at P.O. Kathwada, Ahmedabad. The corn wet milling was commenced by the Company in 1941 with a modest grinding capacity.
Company Coordinates stock-summary
Company Details
Kathwada PO, Maize Products Ahmedabad Gujarat : 382430
stock-summary
Tel: 91-79-22901581-85
stock-summary
maize@maizeproducts.com
Registrar Details
Karvy Computershare Pvt Ltd., Karvy Selenium, Tower-B Plot No 31 & 32, Survey No 116/22, 115/24, 115/25, Financial District, Nanakramguda, Serilingampally, Mandal Ranga Reddy Dist, Hyderabad