WEBSITE BSE:543541 NSE: SAILANI Inc. Year: 2019 Industry: Travel Services My Bucket: Add Stock
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1. Business Overview
Sailani Tours N Travels Ltd. operates in the travel services sector in India. The company likely provides a range of travel-related services to individuals and corporate clients. This typically includes booking domestic and international air tickets, train tickets, hotel reservations, customized tour packages, car rentals, visa assistance, and potentially travel insurance. Its core business model revolves around earning commissions from airlines and hotels, service fees for bookings and other assistance, and mark-ups on packaged tours.
2. Key Segments / Revenue Mix
Specific revenue breakdowns are not publicly available from the provided information. However, based on the industry, key segments likely include:
Ticketing Services: Air, rail, and bus ticketing (commissions and service fees).
Packaged Tours: Domestic and international tour packages for leisure travelers (mark-ups).
Hotel Bookings: Individual and group hotel accommodations (commissions).
Corporate Travel: Services tailored for business travel needs, including MICE (Meetings, Incentives, Conferences, Exhibitions) (service fees and commissions).
Ancillary Services: Visa processing, travel insurance, car rentals (fees and commissions).
3. Industry & Positioning
The Indian travel services industry is highly competitive and fragmented, comprising a mix of large online travel agencies (OTAs), traditional brick-and-mortar travel agents, tour operators, and niche players. Sailani Tours N Travels Ltd. likely positions itself as a regional or local player, possibly serving specific demographics or corporate clients with personalized services. It competes with major OTAs like MakeMyTrip, EaseMyTrip, and Cleartrip, as well as a multitude of smaller unorganized players and direct bookings from airlines/hotels.
4. Competitive Advantage (Moat)
Given the highly commoditized nature of many travel services, establishing a strong, durable competitive advantage is challenging. Sailani Tours N Travels Ltd. may possess localized advantages such as:
Customer Relationships: Long-standing relationships with loyal individual and corporate clients built on trust and personalized service.
Local Expertise: Niche knowledge of specific destinations or travel needs within its operating region.
Service Quality: A reputation for reliable and responsive customer service that differentiates it from purely transactional platforms.
However, these are generally not considered strong, wide moats in the face of larger, technologically advanced competitors with greater scale and marketing budgets.
5. Growth Drivers
Rising Disposable Incomes: Increasing affluence in India fuels both domestic and international leisure travel.
Growing Tourism Sector: Government initiatives and infrastructure development support domestic and inbound tourism.
Resumption of Corporate Travel: Post-pandemic recovery in business travel and MICE events.
Digital Adoption: While competition from OTAs is high, smaller players can leverage digital tools for marketing and operational efficiency.
Demand for Experiential Travel: Growing preference for customized and unique travel experiences rather than standard packages.
6. Risks
Economic Downturns: Travel is discretionary spending and highly sensitive to economic slowdowns, job losses, or inflation.
Geopolitical Events & Pandemics: Wars, political instability, and health crises (like COVID-19) can severely disrupt travel demand and operations.
Intense Competition: Fierce competition from well-funded online travel agencies and direct booking channels limits pricing power and market share.
Technology Disruption: Rapid advancements in travel technology require continuous investment to remain competitive.
Fuel Price Volatility: Fluctuations in aviation fuel prices directly impact airline costs, which can be passed on to tour operators or lead to reduced travel.
Regulatory Changes: Evolving regulations related to tourism, visas, and airline operations can impact the business.
7. Management & Ownership
Details on specific management quality and a comprehensive ownership structure are not provided. However, as is common with many Indian SMEs, Sailani Tours N Travels Ltd. is likely a promoter-driven company, meaning key shareholders (promoters) are also actively involved in the day-to-day management and strategic decision-making. Such structures can offer focused vision but may also carry key-personnel risk.
8. Outlook
Sailani Tours N Travels Ltd. operates in a sector with significant long-term tailwinds from India's growing economy and expanding middle class. The increasing desire for travel experiences, both domestic and international, presents a substantial market opportunity. However, the company faces formidable challenges, including intense competition from large online players and the inherent susceptibility of the travel industry to external shocks such as economic slowdowns, geopolitical events, or health crises. Its ability to thrive will likely depend on maintaining strong customer relationships, offering differentiated or niche services, efficient operations, and prudent risk management in a dynamic market.
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Market Cap ₹7 Cr.
Stock P/E 36
P/B 0.9
Current Price ₹14.7
Book Value ₹ 15.8
Face Value 10
52W High ₹20
Dividend Yield 0%
52W Low ₹ 11.4
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) |
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| Net Sales |
| Other Income |
| Total Income |
| Total Expenditure |
| Operating Profit |
| Interest |
| Depreciation |
| Exceptional Income / Expenses |
| Profit Before Tax |
| Provision for Tax |
| Profit After Tax |
| Adjustments |
| Profit After Adjustments |
| Adjusted Earnings Per Share |
| #(Fig in Cr.) | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|
| Net Sales | 23 | 18 | |
| Other Income | 0 | 0 | |
| Total Income | 24 | 18 | |
| Total Expenditure | 23 | 17 | |
| Operating Profit | 1 | 1 | |
| Interest | 0 | 0 | |
| Depreciation | 0 | 0 | |
| Exceptional Income / Expenses | 0 | 0 | |
| Profit Before Tax | 0 | 0 | |
| Provision for Tax | 0 | 0 | |
| Profit After Tax | 0 | 0 | |
| Adjustments | 0 | 0 | |
| Profit After Adjustments | 0 | 0 | |
| Adjusted Earnings Per Share | 0.6 | 0.4 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | -22% | 0% | 0% | 0% |
| Operating Profit CAGR | 0% | 0% | 0% | 0% |
| PAT CAGR | 0% | 0% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | -11% | -25% | NA% | NA% |
| ROE Average | 3% | 3% | 3% | 3% |
| ROCE Average | 5% | 5% | 5% | 5% |
| #(Fig in Cr.) | Mar 2024 | Mar 2025 |
|---|---|---|
| Shareholder's Funds | 7 | 7 |
| Minority's Interest | 0 | 0 |
| Borrowings | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 |
| Total Current Liabilities | 2 | 5 |
| Total Liabilities | 9 | 12 |
| Fixed Assets | 3 | 3 |
| Other Non-Current Assets | 0 | 0 |
| Total Current Assets | 6 | 9 |
| Total Assets | 9 | 12 |
| #(Fig in Cr.) | Mar 2024 | Mar 2025 |
|---|---|---|
| Opening Cash & Cash Equivalents | 0 | 0 |
| Cash Flow from Operating Activities | -0 | -1 |
| Cash Flow from Investing Activities | -0 | -0 |
| Cash Flow from Financing Activities | 0 | 2 |
| Net Cash Inflow / Outflow | -0 | -0 |
| Closing Cash & Cash Equivalent | 0 | 0 |
| # | Mar 2024 | Mar 2025 |
|---|---|---|
| Earnings Per Share (Rs) | 0.63 | 0.41 |
| CEPS(Rs) | 1.43 | 1.45 |
| DPS(Rs) | 0 | 0 |
| Book NAV/Share(Rs) | 15.38 | 15.81 |
| Core EBITDA Margin(%) | 3.35 | 4.89 |
| EBIT Margin(%) | 1.96 | 2.4 |
| Pre Tax Margin(%) | 1.79 | 1.35 |
| PAT Margin (%) | 1.27 | 1.06 |
| Cash Profit Margin (%) | 2.87 | 3.79 |
| ROA(%) | 3.25 | 1.81 |
| ROE(%) | 4.11 | 2.61 |
| ROCE(%) | 5.77 | 4.85 |
| Receivable days | 90.32 | 129.01 |
| Inventory Days | 0.37 | 0.94 |
| Payable days | 10.74 | 23.55 |
| PER(x) | 40.38 | 47.49 |
| Price/Book(x) | 1.66 | 1.22 |
| Dividend Yield(%) | 0 | 0 |
| EV/Net Sales(x) | 0.54 | 0.63 |
| EV/Core EBITDA(x) | 15.03 | 12.33 |
| Net Sales Growth(%) | 0 | -23.04 |
| EBIT Growth(%) | 0 | -5.99 |
| PAT Growth(%) | 0 | -35.45 |
| EPS Growth(%) | 0 | -35.46 |
| Debt/Equity(x) | 0.1 | 0.33 |
| Current Ratio(x) | 3.39 | 2.09 |
| Quick Ratio(x) | 3.38 | 2.07 |
| Interest Cover(x) | 11.46 | 2.28 |
| Total Debt/Mcap(x) | 0.06 | 0.27 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 36.03 | 36.03 | 36.03 | 36.03 | 36.03 | 36.03 | 36.03 | 36.03 | 36.03 | 36.03 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 63.97 | 63.97 | 63.97 | 63.97 | 63.97 | 63.97 | 63.97 | 63.97 | 63.97 | 63.97 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 0.47 | 0.47 | 0.47 | 0.47 | 0.47 | 0.47 | 0.47 | 0.47 | 0.47 | 0.47 |
* The pros and cons are machine generated.
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