Sayaji Industries (BSE 540728)₹116.15+0.13%Other Agricultural Products
In the Sep 2026 quarter (consolidated), Sayaji Industries reported sales of ₹264 Cr, up 5.8% from Sep 2025, and net profit of ₹3.15 Cr. For the year to Mar 2026, sales were ₹1,073 Cr and net profit ₹2.01 Cr.
Company filings, consolidated accounts; latest reported quarter Sep 2026
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 245 | 265 | 273 | 215 | 269 | 247 | 272 | 249 | 283 | 268 | 288 | 264 |
| Expenses | 240 | 269 | 271 | 232 | 261 | 248 | 267 | 251 | 267 | 244 | 269 | 248 |
| Operating Profit | 4.16 | −5.10 | 1.58 | −17.90 | 7.20 | −2.13 | 3.46 | −2.15 | 14.96 | 23.00 | 17.71 | 14.54 |
| OPM % | 1.7% | −1.9% | 0.6% | −8.4% | 2.7% | −0.9% | 1.3% | −0.9% | 5.3% | 8.5% | 6.1% | 5.5% |
| Other Income | 1.72 | 1.98 | 2.13 | 31.48 | 1.04 | 2.04 | 2.01 | 1.25 | 1.43 | 3.21 | 3.43 | 1.82 |
| Interest | 3.91 | 4.04 | 4.27 | 4.48 | 5.07 | 5.46 | 5.71 | 6.40 | 6.55 | 6.31 | 6.40 | 6.87 |
| Depreciation | 4.16 | 4.53 | 4.64 | 4.74 | 4.95 | 5.04 | 4.87 | 5.13 | 5.24 | 5.31 | 5.35 | 5.61 |
| Profit before tax | −2.20 | −11.64 | −5.20 | 4.26 | −1.79 | −10.54 | −5.11 | −12.37 | 4.57 | 14.50 | 9.32 | 3.86 |
| Tax % | −12.7% | −33.1% | −44.8% | 85.5% | −36.7% | −27.1% | −30.2% | −26.3% | 21.8% | 25.1% | 21.6% | 19.1% |
| Net Profit | −1.93 | −7.84 | −2.88 | 0.63 | −1.15 | −7.74 | −3.58 | −9.19 | 3.61 | 10.93 | 7.35 | 3.15 |
| EPS (Rs) | −0.78 | −3.10 | −1.15 | 0.24 | −0.48 | −3.05 | −1.53 | −3.65 | 1.38 | 4.43 | 2.77 | 1.36 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 503 | 531 | 585 | 644 | 639 | 559 | 792 | 1,040 | 974 | 1,004 | 1,073 | 1,102 |
| Expenses | 477 | 509 | 557 | 612 | 618 | 506 | 742 | 1,015 | 966 | 1,011 | 1,029 | 1,028 |
| Operating Profit | 24.01 | 20.03 | 27.02 | 30.05 | 19.01 | 51.01 | 49.06 | 21.02 | 7.01 | −10.01 | 39.06 | 70.21 |
| OPM % | 4.8% | 3.8% | 4.7% | 4.6% | 2.9% | 9.0% | 6.0% | 2.0% | 0.7% | −1.0% | 3.6% | 6.4% |
| Other Income | 1.01 | 7.02 | 5.01 | 26.08 | 4.01 | 3.01 | 5.02 | 14.05 | 6.02 | 35.10 | 8.03 | 9.89 |
| Interest | 11.02 | 11.03 | 12.03 | 12.03 | 17.05 | 14.05 | 11.03 | 12.04 | 15.05 | 19.07 | 25.06 | 26.13 |
| Depreciation | 7.99 | 8.98 | 7.99 | 9.99 | 10.99 | 11.99 | 12.98 | 14.98 | 15.99 | 18.97 | 20.95 | 21.51 |
| Profit before tax | 5.98 | 6.97 | 10.96 | 32.85 | −4.98 | 27.92 | 28.87 | 7.97 | −18.92 | −12.94 | 0.99 | 32.25 |
| Tax % | 29.0% | 23.0% | 34.0% | 24.0% | −56.0% | 42.0% | 36.0% | 18.0% | −38.0% | −17.0% | −21.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 15.95 | 0.99 | 0.00 | 0.00 | 5.98 | −0.99 | 28.90 | 0.00 | — |
| Net Profit | 4.01 | 5.01 | 7.02 | 25.07 | −2.01 | 17.04 | 19.05 | 7.01 | −12.03 | −11.03 | 2.01 | 25.04 |
| EPS (Rs) | 1.76 | 2.16 | 2.95 | 9.95 | −0.93 | 6.54 | 7.47 | 2.86 | −4.65 | −4.42 | 0.53 | 9.94 |
| Dividend payout % | 23.0% | 23.0% | 16.0% | 5.0% | 0.0% | 4.0% | 3.0% | 9.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.79 | 0.79 | 3.00 | 3.00 | 2.99 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 13.02 |
| Reserves | 52.93 | 58.92 | 60.91 | 76.89 | 73.84 | 90.94 | 107 | 113 | 100 | 88.11 | 80.06 |
| Borrowings | 98.68 | 106 | 124 | 150 | 139 | 140 | 113 | 128 | 171 | 220 | 226 |
| Other Liabilities | 88.58 | 72.65 | 75.63 | 98.52 | 127 | 122 | 174 | 179 | 262 | 208 | 228 |
| Total Liabilities | 240 | 237 | 263 | 328 | 345 | 356 | 398 | 422 | 537 | 521 | 547 |
| Fixed Assets | 132 | 132 | 155 | 205 | 201 | 209 | 242 | 247 | 297 | 298 | 310 |
| CWIP | 2.01 | 3.01 | 4.01 | 4.01 | 9.99 | 9.01 | 3.01 | 22.01 | 10.99 | 22.01 | 5.99 |
| Investments | 0.00 | 8.01 | 9.01 | 0.00 | 3.01 | 5.01 | 6.01 | 11.01 | 15.02 | 19.03 | 23.04 |
| Other Assets | 106 | 94.76 | 95.79 | 119 | 131 | 133 | 147 | 143 | 213 | 181 | 208 |
| Inventories | 46.81 | 41.88 | 43.87 | 53.77 | 55.78 | 59.78 | 70.78 | 69.70 | 120 | 91.71 | 98.60 |
| Trade receivables | 35.90 | 36.86 | 37.86 | 45.86 | 53.81 | 50.80 | 60.74 | 55.80 | 66.79 | 65.76 | 62.76 |
| Cash & equivalents | 3.01 | 3.01 | 3.01 | 3.01 | 1.01 | 1.01 | 1.01 | 1.01 | 2.01 | 3.01 | 2.01 |
| Total Assets | 240 | 237 | 263 | 328 | 345 | 356 | 398 | 422 | 537 | 521 | 547 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 20.05 | 20.05 | 29.09 | 23.07 | 43.11 | 35.13 | 73.21 | 22.07 | 40.14 | −33.12 | 38.09 |
| Cash from investing activity | −22.02 | −10.02 | −34.06 | −35.02 | −23.02 | −21.01 | −34.02 | −29.04 | −60.04 | 4.01 | −19.03 |
| Cash from financing activity | 0.99 | −8.99 | 3.99 | 11.97 | −20.95 | −13.98 | −38.89 | 5.98 | 19.96 | 29.95 | −19.96 |
| Net cash flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 0.99 | −1.01 |
| Capex | 21.94 | 12.42 | 35.43 | 61.48 | 22.72 | 20.28 | 35.22 | 37.21 | 62.38 | 32.61 | 19.74 |
| Free cash flow | −0.99 | 7.97 | −4.98 | −37.89 | 22.91 | 14.96 | 37.85 | −5.98 | −19.93 | −30.88 | 17.94 |
| CFO / OP % | 90.0% | 103.1% | 114.0% | 95.1% | 233.0% | 75.0% | 159.1% | 117.1% | 583.0% | 328.0% | 99.1% |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 26 | 25 | 24 | 26 | 31 | 33 | 28 | 20 | 25 | 24 | 22 |
| Inventory days | 56 | 46 | 45 | 50 | 48 | 67 | 53 | 36 | 66 | 46 | 49 |
| Days payable | 71 | 48 | 37 | 51 | 82 | 91 | 89 | 61 | 111 | 71 | 84 |
| Cash conversion cycle | 13 | 24 | 33 | 26 | −3 | 10 | −6 | −4 | −19 | 0 | −13 |
| Working capital days | −27 | −32 | −38 | −34 | −48 | −44 | −24 | −26 | −45 | −55 | −57 |
| ROCE % | — | 11.0% | 13.0% | 12.0% | 4.0% | 19.0% | 18.0% | 5.0% | −1.0% | −8.0% | 8.0% |
For the Sep 2026 quarter, Sayaji Industries reported sales of ₹264 Cr, up 5.8% year on year and net profit of ₹3.15 Cr. The operating margin was 5.5%.
Sayaji Industries' sales for the year to Mar 2026 were ₹1,073 Cr; over the last twelve months they were ₹1,102 Cr.
Net profit for the year to Mar 2026 was ₹2.01 Cr, and ₹25.04 Cr over the last twelve months. Earnings per share over the same trailing period were ₹9.94.
Sayaji Industries reported borrowings of ₹226 Cr at Mar 2026, against cash and equivalents of ₹2.01 Cr.
Cash from operations was ₹38.09 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹17.94 Cr.