Sayaji Industries Ltd.
NSE: SAYAJIIND · Other Agricultural Products · sector
₹101.96NSE close 2026-10-26
Key numbers
Market cap₹258 cr
Price₹101.96
52w high / low₹126 / ₹100
P/E10.4xSector median 12.8x
P/B2.5xSector median 1.4x
Book value₹40.7
Dividend yield–Sector median 0.79%
ROE27.1%Sector median 7.3%
ROCE15.9%Sector median 8.8%
OPM6.3%Sector median 6.5%
Debt / equity2.25xSector median 0.21x
EV/EBITDA5.7xSector median 11.2x
Interest cover2.0x
Current ratio1.13x
Sales growth 3y+2.1%Sector median +11.6%
Profit growth 3y-42.5%Sector median +5.8%
PEG–
Last 12 months to Sep 2026, Consolidated. "Sector median" = middle value of 69 companies in Other Agricultural Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹2 cr vs borrowings ₹220 cr (FY26): borrowings are higher by ₹217 cr.
- Operating profit covered interest 2.0x in the last 12 months.
- Net loss in 3 of the last 7 quarters.
- Other income was 20% of net profit in the last 12 months.
- Dividend paid in 2 of the last 5 financial years.
- Price ₹101.96 on 2026-10-26: -19.0% from the 52-week high, +2.3% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹405.65 · low ₹66.10
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 247 | 272 | 249 | 283 | 268 | 288 | 264 |
| EBITDA | -2 | 4 | -2 | 15 | 23 | 18 | 15 |
| OPM % | -0.9% | 1.3% | -0.9% | 5.3% | 8.4% | 6.1% | 5.5% |
| Other income | 1 | 1 | 0 | 0 | 2 | 2 | 1 |
| Net profit | -8 | -4 | -9 | 3 | 11 | 7 | 3 |
| EPS (₹) | 12.24 | 5.95 | 14.69 | 1.37 | 4.33 | 2.78 | 1.35 |
| Revenue YoY | +8.5% | +5.9% | +5.7% | ||||
| Profit YoY | – | – | – |
Consolidated figures where filed. Latest quarter Sep 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 764 | 1,006 | 937 | 1,004 | 1,072 | 1,102 |
| EBITDA | 47 | 20 | 3 | -11 | 39 | 70 |
| Net profit | 19 | 7 | -11 | -11 | 1 | 25 |
| EPS (₹) | 29.82 | 11.42 | -17.91 | 17.74 | 0.54 | 9.83 |
| Revenue growth | +31.6% | -6.9% | +7.2% | +6.8% | – | |
| Profit growth | -61.7% | -256.8% | – | – | – | |
| Dividend / share (₹) | 1.00 | 1.00 | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +2.1% | – | – |
| Net profit | -42.5% | – | – |
| EPS | -63.8% | – | – |
| Share price | – | – (2y) | – |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 92 | 93 |
| Borrowings | 213 | 220 |
| Cash & equivalents | 3 | 2 |
| Total assets | 522 | 550 |
| Fixed assets | 292 | 305 |
| Capital work in progress | 21 | 4 |
| Investments | 0 | 0 |
| Receivables | 66 | 63 |
| Inventory | 92 | 99 |
| Payables | 142 | 170 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | -33 | 38 |
| Cash from investing | 4 | -19 |
| Cash from financing | 30 | -20 |
| Capex | 33 | 20 |
| Free cash flow | -66 | 18 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | -12.3% | 1.5% |
| ROCE % | 0.6% | 6.9% |
| Debtor days | 24 | 22 |
| Inventory days | 43 | 46 |
| Payable days | 67 | 78 |
| Cash conversion cycle (days) | 0 | -10 |
| Working capital days | -55 | -58 |
Peers in Other Agricultural Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| LTFOODS | ₹13,272 cr | 20.7x | 2.9x | 15.3% | 18.8% | 10.7% | +26.3% | 0.79% |
| KRBL | ₹8,074 cr | 10.7x | 1.4x | 13.7% | 17.2% | 16.5% | +4.4% | 1.00% |
| GAEL | ₹6,471 cr | 15.6x | 2.0x | 13.2% | 15.5% | 9.9% | +5.3% | 0.18% |
| KSCL | ₹3,578 cr | 14.5x | 2.0x | 15.3% | 14.6% | 22.9% | +9.2% | 0.72% |
| TRUALT | ₹3,347 cr | 23.9x | 2.2x | 9.8% | 11.7% | 18.6% | – | – |
| AEROPLANE | ₹2,135 cr | 16.5x | 2.3x | 11.2% | 13.3% | 9.8% | – | – |
| GRMOVER | ₹1,861 cr | 19.1x | 3.1x | 14.9% | 13.2% | 5.5% | +8.7% | – |
| SANSTAR | ₹1,801 cr | 37.5x | 2.6x | 6.5% | 7.4% | 6.6% | – | – |
| TRUEGREEN | ₹1,437 cr | 11.8x | 9.0x | 39.0% | 17.5% | 19.0% | – | – |
| SAYAJIIND | ₹258 cr | 10.4x | 2.5x | 27.1% | 15.9% | 6.3% | +2.1% | – |
Business segments (2026-09-30)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| a) Agro processing maize | ₹246 cr | 93.2% | ₹12 cr | 5.0% |
| c) Spray dried food products | ₹11 cr | 4.0% | ₹1 cr | 9.8% |
| b) Agree Seeds | ₹7 cr | 2.8% | ₹0 cr | 0.7% |
| d) profit in share of joint venture | ₹0 cr | – | ₹1 cr | – |
| e) Investment in joint venture | ₹0 cr | – | ₹0 cr | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2022-07-29 | Dividend | Dividend Rs 1.0 |
| 2021-09-09 | Dividend | Final Dividend Rs 1.0 |
| 2019-08-08 | Dividend | Dividend Rs 2.0 |
| 2018-08-02 | Dividend | Dividend Rs 3.75 |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | Fast Moving Consumer Goods |
| Industry | Other Agricultural Products |
| Sub-industry | Other Agricultural Products |
| Symbol | SAYAJIIND |
| BSE code | 540728 |
| ISIN | INE327G01032 |
| Face value | ₹5.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = NSE close 2026-10-26.