SAMHI Hotels Limited reported strong performance for the first quarter of FY27, with total income growing 7.3% year-on-year to ₹308.3 crores. On a comparable basis, revenue growth stood at 10.8%, driven by a 9.1% same-store growth. The company reiterated its long-term revenue growth forecast of 9%-11% and expects to at least multiply its revenue by 2.5x to ₹3,000 crores by FY28.
SAMHI Hotels Reports Robust Q1 FY27 Performance
SAMHI Hotels Limited has announced its financial results for the first quarter of the fiscal year 2027, demonstrating resilience and growth. The company’s total income for the quarter reached ₹308.3 crores, marking a 7.3% increase compared to the same period last year. After adjusting for a one-time income of ₹9.3 crores in the prior year’s base, the comparable revenue growth for Q1 FY27 was a healthy 10.8%.
Key Financial Highlights and Operational Metrics
The company highlighted strong operational performance with a 9.6% year-on-year growth in Same-store RevPAR, reaching approximately ₹5,220. Portfolio occupancy was at 79.3%, up from 74.2% in the year-ago quarter. Domestic travelers now constitute 82% of the room nights sold, reflecting increased resilience against international travel disruptions. Encouragingly, 36% of the days in the quarter saw occupancy exceeding 90%.
EBITDA, on a comparable basis, showed a healthy growth of 12.1%, despite an approximate ₹9.2 crores impact from the GST regime change in Q1 FY26. Finance costs declined by 25.5% year-on-year, leading to a Profit Before Tax (PBT) of ₹32.7 crores, up by 26.4%.
Growth Outlook and Strategic Initiatives
SAMHI Hotels reiterated its commitment to a long-term revenue growth forecast of 9%-11%, supported by a strong growth pipeline across key cities like Hyderabad, Bangalore, Chennai, Noida, and Navi Mumbai, featuring marquee brands such as The W, Westin, and Marriott. The company is strategically shifting its portfolio mix towards upper upscale and upscale segments, aiming to increase their share of revenue from approximately 40%-41% to about 60% by FY 2030.
The company also touched upon its asset-light RARE India platform, which currently comprises 75 hotels. SAMHI is exploring opportunities to expand this platform and sees potential for significant value creation. Regarding future capital needs, an enabling resolution was passed to ensure the Board’s flexibility in acting on opportunities and managing potential uncertainties.
Future Revenue Projections
Looking ahead, SAMHI Hotels remains focused on its business plan to generate a cumulative cash flow of over ₹3,000 crores between FY2027 and FY2031. The company anticipates at least multiplying its revenue by 2.5x, aiming to reach ₹3,000 crores from the current base of ₹1,200 crores, largely driven by growth in EBITDA and a stable net debt position, with an expected net debt-to-EBITDA ratio of around 2.4x by FY28.
Source: BSE