SAMHI Hotels Limited achieved robust growth in FY2026, with total income rising by 12.3% YoY to Rs. 12,790 million. Despite multiple business headwinds, the company reported an EBITDA of Rs. 4,626 million, an increase of 8.8% YoY. Driven by operational resilience and strategic growth initiatives, the company’s profit for the year reached Rs. 5,665 million, marking a 5.6x increase compared to the previous year, supported by significant deferred tax asset recognition.
FY2026 Performance Highlights
For the financial year ended March 31, 2026, SAMHI Hotels demonstrated significant operational strength. RevPAR (Revenue Per Available Room) grew by 9.5% YoY to Rs. 5,365, with an average occupancy rate of 74%. The consolidated PAT of Rs. 5,665 million was bolstered by a Rs. 3,000 million deferred tax asset and gains from asset sales, underscoring the company’s improved financial health.
Strategic Growth and Partnerships
A milestone for FY2026 was the strategic partnership with GIC, which invested Rs. 6,000 million for a 35% minority stake in a platform of ~1,000 rooms. This capital infusion has fortified the company’s balance sheet. Furthermore, the company expanded its footprint by adding four new hotel developments, including capital-efficient lease agreements for properties in Noida (~162 rooms) and Hyderabad (~260 rooms), and initiating construction on its largest project in Navi Mumbai with ~700 rooms.
Leisure Expansion and Future Outlook
SAMHI has pivoted toward the high-growth leisure segment by acquiring a 70% stake in RARE India, a platform managing 73 hotels and 1,015 rooms. With the proposed affiliation under the Outdoor Collection by Marriott Bonvoy, the company aims to enhance its brand reach. Looking ahead to FY2027, management expects future growth investments to be increasingly self-funded as incremental EBITDA translates into stronger free cash flow, while maintaining a healthy net debt to EBITDA ratio of ~3.0x.
Source: BSE
