SAMHI Hotels achieved robust financial results in FY2026, with total income rising 12.3% year-on-year to ₹12,790 million. Despite various macroeconomic headwinds and business disruptions, the company reported a consolidated EBITDA of ₹4,626 million, marking an 8.8% growth. Strategic highlights include a landmark ₹7,500 million partnership with GIC and a major entry into the experiential leisure segment through the acquisition of a 70% stake in RARE India.
FY2026 Financial Highlights
SAMHI Hotels delivered a strong performance during the fiscal year, with income growth of 12.3%, surpassing initial guidance. The company’s consolidated EBITDA reached ₹4,626 million, demonstrating resilience despite a ₹440–520 million estimated revenue impact from one-time disruptions. On a positive note, the Net Debt to EBITDA ratio improved significantly to ~3.0x, down from 5.3x post-IPO in September 2023, reflecting a much stronger balance sheet.
Strategic Growth and Portfolio Expansion
The company aggressively expanded its footprint, adding four strategically significant developments, including new properties in Noida, Hyderabad, and Navi Mumbai. A core focus has been the ‘Experiential Leisure’ segment; the acquisition of RARE India—a platform featuring 73 hotels and 1,015 rooms—positions the company to tap into high-growth, asset-light tourism. Furthermore, the partnership with GIC has provided significant capital firepower, fueling both debt reduction and the development of high-potential assets.
Operational Efficiency and Future Roadmap
SAMHI Hotels continues to prioritize Free Cash Flow (FCF) generation, reporting ~₹3,000 million post-interest. The management team highlighted that six transformative assets currently under development possess the potential to add ~₹10,000 million in incremental revenue. With 6,500+ rooms across 38 hotels, the company is focused on increasing its Upscale segment revenue share from ~43% to ~60% through ongoing renovations and branding initiatives, setting a solid foundation for FY2027 and beyond.
Source: BSE
