BSECompany Update7 Aug 2026 · 7 Aug 2026, 05:20 pm
Please find herewith press release relating to the results of quarter ended 30th June, 2026.
Sayaji Industries Ltd · 540728
✦ AI Summary▲ PositiveResults
Sayaji Industries Ltd has announced its Q1FY27 results, with revenue at ₹288 Cr, EBITDA at ₹21 Cr, and EBITDA margin at 7.3%. The company has seen a 6% YoY and 8% QoQ revenue growth, with a 52% YoY and 9% QoQ gross profit growth. The company has also announced progress on its Technology Modernisation and Automation Project, with 95% of machinery and material delivered and installation in process.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment8/10
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Sayaji Industries Ltd - 540728 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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Date: 7th August, 2026
The Manager,
BSE Limited,
Phiroz Jeeboy Towers,
Dalal Street
Mumbai-400 001
Script Code: 540728
Dear Sir/Madam,
Subject: Submission of Press & Media Release for the Quarter Ended 30th June, 2026
Dear Sir/Madam,
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, please find enclosed herewith Press & Media
Release of Sayaji Industries Limited for the quarter and ended 30th June, 2026.
The press & media release contains an overview of the Company's business, operational and
financial performance of the first quarter of the financial year 2026-2027.
The aforesaid Press & Media Release is also being made available on the website of the
Company.
Kindly take the same on your records.
For, Sayaji Industries Limited
Mr. Vishnu H Thaker
(Company secretary & Compliance Officer)
(ACS-60441)
(This is digitally signed document hence Stamp is not required.)
Sayaji Industries Limited
Maize Products, Chinubhai Nagar, P.O. Kathwada,
Ahmedabad – 382430, Gujarat, India
T: +91-79-22900881-85, 22901581-85
CIN No: L99999GJ1941PLC000471 E: maize@sayajigroup.in, W: www.sayajigroup.in
PRESS & MEDIA RELEASE
Sayaji Industries Posts Robust Earnings Growth in Q1FY27
Ahmedabad, 7th August, 2026: Sayaji Industries Limited, a leading corn wet milling and
speciality food ingredients group in India, has announced its financial results for the
quarter ended 30 June 2026.
Consolidated Financial Highlights for Quarter Ended June 30, 2026
REVENUE EBITDA EBITDA Margin
₹288 Cr ₹21 Cr 7.3%
6% YoY 287% YoY 532 bps YoY
8% QoQ -19% QoQ -245 bps QoQ
Commenting on the results, Priyam Mehta, Chairman and Managing
Director of Sayaji Industries Limited said:
“Sayaji Industries has carried forward the momentum of the last two quarters and delivered a healthy
D performance in Q1FY27, marking a good start to the financial year. Revenue for the quarter stood at
T IM ₹288 Cr, with an EBITDA of ₹21 Cr and an EBITDA margin of 7.3%.
S The quarter saw an increase in input prices on the back of general food inflation, higher energy costs and
IR the resulting inflation in logistics costs. Despite this, the Company has remained on course with its
S performance, supported by healthy volumes and margins. Given that this cost inflation has been
D experienced across the industry, it is encouraging to note that end product prices have also remained
buoyant across the board. During Q1FY27, we recorded an average increase in sales prices of 3-4%.
A Based on these developments, we expect margins to remain healthy for the rest of the year. From an
A operational perspective, raw material availability remains comfortable, and while prices did increase
during Q1, we remain comfortable with our procurement strategy for FY27.
On the exports front, logistics to the Middle East have remained under pressure on account of elevated
freight costs and the continued lack of a resolution to the West Asia crisis. While the situation remains
challenging, alternate shipping and logistics routes have since opened up, which is allowing us to manage
continuity in our exports business. Alongside this, the Company has focused its energies on alternate
export markets, including the United States, and is also seeing healthy visibility from domestic markets.
On the project front, we remain on track with our Technology Modernisation and Automation Project.
~95% of the machinery and material has been delivered, installation is in process, and the project is
expected to be commissioned by the end of September 2026. Once operational, it will enable significant
and sustainable cost savings for the Company.
We have also progressed on our joint venture capital expenditure projects. The Alland & Sayaji Gum
Arabic Spray-Drying Plant #2 is expected to commence work by the end of September 2026, and given
the ongoing monsoon season, civil works are expected to begin in Q3FY27. Work on the Nigay & Sayaji
Caramel Colours Plant is expected to commence on the same timelines as well.
Taken together, the performance in Q1FY27 and the projects currently under execution position the
Company well for FY27. The focus remains on consolidating these gains, completing the projects on hand
and continuing to build a stronger, more competitive operating platform.”
PRESS & MEDIA RELEASE
Consolidated Financials
Particulars YoY QoQ
Q1FY27 Q4FY26 Q1FY26
(₹ in Crore) Change Change
Revenue from Operations 288 268 272 6% 8%
COGS 195 182 211 -7% 7%
Gross Profit 93 85 61 52% 9%
Gross Margin (%) 32.2% 31.9% 22.5% 968 bps 28 bps
Operating Expenses 75 62 58 30% 20%
Other Income 2 1 1 20% 16%
Share in profit of joint venture 2 2 1 172% 0%
EBITDA 21 26 5 287% -19%
EBITDA Margin (%) 7.3% 9.8% 2.0% 532 bps -245 bps
Finance Cost 6 6 6 12% 2%
Depreciation 5 5 5 10% 1%
T Profit before Tax 9 15 -5 283% -36%
Profit after Tax 7 11 -4 306% -33%
PAT Margins (%) 2.5% 4.1% -1.3% 386 bps 153 bps
D Basic EPS (in ₹) 2.78 4.44 -1.52 283% -37%
About Sayaji Industries Limited
Founded in 1941, Sayaji Industries Limited is a leading corn wet milling and speciality food ingredients
group with strong presence in starch and starch derivatives, spray dried food powders and functional
ingredients. The Company serves diverse industries across food, industrial and pharmaceutical sectors
with operations spanning India and international markets.
For further information, please contact:
Vishnu H Thaker Sayam Pokharna
Company Secretary & Compliance Officer Investor Relations Advisor
Sayaji Industries Limited TIL Advisors Private Limited
cs@sayajigroup.in sayam@theinvestmentlab.in
Forward Looking Statement
This press release contains forward looking statements which may include statements relating to future business plans, market
opportunities, capacity expansion, financial performance and growth prospects. These statements are based on current
expectations and assumptions and are subject to risks and uncertainties that could cause actual outcomes to differ materially .
Sayaji Industries Limited undertakes no obligation to update any forward-looking statements.