SAMHI Hotels Posts ₹45.9 Crore Profit in March Quarter
By Ankur Chandra | Updated at: May 31, 2025 10:46 PM IST
SAMHI Hotels Ltd. has reported robust financial and operational performance for the quarter and full year ended March 31, 2025, underpinned by strong demand in key commercial markets, a strategic joint venture with GIC, and accelerated expansion across segments.
Key Financial Highlights
Q4 FY25 (Standalone + Consolidated)
| Metric | Q4 FY25 | YoY Change |
|---|---|---|
| RevPAR | ₹5,958 | ▲ 20.6% |
| Total Income | ₹3,236 million | ▲ 11.6% |
| EBITDA (Pre-ESOP) | ₹1,307 million | ▲ 21.4% |
| PAT | ₹459 million | – |
Full Year FY25
| Metric | FY25 | YoY Change |
|---|---|---|
| RevPAR | ₹5,015 | ▲ 16.5% |
| Total Income | ₹11,497 million | ▲ 17.5% |
| EBITDA (Pre-ESOP) | ₹4,434 million | ▲ 27.3% |
| PAT | ₹855 million | Turnaround from loss |
EBITDA margins for FY25 stood at 40.4%, up ~585 bps YoY. ESOP-related costs are expected to reduce from ₹293 million in FY25 to ₹125 million from Q1 FY26.
Segment-Wise Performance
Upper Upscale & Upscale
- 5 hotels, 1,086 rooms
- 22% of room inventory, 44% of Q4FY25 asset revenues
- RevPAR: ₹9,748 in Q4 FY25 (up 5% YoY)
Upper Mid-Scale
- 15 hotels, 2,189 rooms
- 44% of room inventory, 41% of Q4FY25 revenues
- RevPAR: ₹5,314 in Q4 FY25 (up 5% YoY)
Mid-Scale
- 12 hotels, 1,673 rooms
- 34% of room inventory, 15% of Q4FY25 revenues
- RevPAR: ₹3,176 in Q4 FY25 (up 5% YoY)
Strategic Developments
Acquisitions & Pipeline
- Trinity Whitefield, Bangalore: To be rebranded as a dual-branded Westin & Tribute Portfolio (362 rooms)
- W Hotel to be developed in Hitec City, Hyderabad
- Opened Holiday Inn Express properties in Kolkata and Greater Noida
Joint Venture with GIC
- To focus on upscale and higher-category hotel developments across India
- JV strengthens SAMHI’s capital structure; post-investment Net Debt to EBITDA ratio reduced to 3.2x, targeted to fall below 3.0x
Operational Strengths
- Inventory CAGR of ~420 rooms annually since FY14
- FY25 marked with a revenue CAGR of 35% and EBITDA CAGR of 43%
- Over 36% of operating days in FY25 saw occupancy levels above 90% in key cities like Bangalore, Hyderabad, Delhi NCR, and Pune
Management Commentary
SAMHI highlighted that its performance was driven by a well-diversified portfolio located in demand-rich markets, alongside disciplined execution and value-accretive acquisitions. “With stabilization of newly added inventory and an actionable pipeline, we are well-positioned to double our upscale portfolio by FY29,” the management noted in the investor deck.
Strategic Outlook
SAMHI plans to add 700+ guest rooms across projects under development and renovation, including:
- Westin & Tribute Portfolio in Bangalore
- W Hotel in Hyderabad
- Conversions of ACIC assets in Pune, Jaipur, and Delhi to Marriott brands
- Expansion at Sheraton Hyderabad and Hyatt Regency Pune
With strong backing from GIC, access to internal accruals, and a leaner balance sheet, SAMHI is poised for accelerated, high-quality growth in core commercial hubs.
Dividend
No dividend was declared for FY25.
About SAMHI Hotels
SAMHI Hotels Ltd, listed in September 2023, operates 39 hotels across 12 cities, aligned with global brands such as Marriott, Hyatt, and IHG. The portfolio is strategically concentrated in high-demand urban centers with strong macroeconomic fundamentals.
Disclaimer: This content is only for informational purpose. It does not make any recommendation to act or invest. Please read the offer documents carefully before investing. Investments are subject to market risks and other risks. There is no guarantee of the actual returns that will be given.
REF: https://nsearchives.nseindia.com/corporate/Samhi_29052025213952_Disclosure_InvestorPresentation_Mar25.pdf
