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SAMHI Hotels (SAMHI) investor relations material
SAMHI Hotels Q2 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q2 FY26 delivered consistent operating performance with total income rising 11% year-over-year to INR 2,963 million, consolidated EBITDA up 14.2%, and PAT surging to INR 998 million, driven by a one-time reversal of Navi Mumbai land impairment.
Major portfolio expansion included new projects in Navi Mumbai and a 260-room hotel in Hyderabad Financial District, with over 1,500 rooms under active development or rebranding.
Board approved restructuring within the group, including a demerger of a hotel business between subsidiaries.
Statutory auditors issued unmodified review reports for both standalone and consolidated results.
H1 FY26 total income grew 12% and EBITDA 16.3% year-over-year, setting a strong base for the remainder of FY26 and FY27.
Financial highlights
Q2 FY26 total income was INR 2,963 million, up 11% year-over-year; RevPAR grew 11.2% to INR 5,026.
EBITDA margin improved to 37.3%, with EBITDA at INR 110 crores; profit after tax reached INR 997.95 million, including a one-time gain from reversal of Navi Mumbai land impairment.
Finance costs decreased by INR 12 crores year-over-year due to deleveraging and asset sales.
Standalone and consolidated net profits for Q2 FY26 were INR 899.11 million and INR 997.95 million, respectively.
Exceptional gains from sale of business undertaking and reversal of impairment losses significantly boosted profits.
Outlook and guidance
H2 expected to outperform H1 in RevPAR, occupancy, and total revenue, driven by strong demand and limited new supply in key markets.
Maintains guidance of 9–11% CAGR in same store revenue growth over the next 3–5 years.
Committed pipeline projects could increase in-place revenue from ~INR 12,000 million to INR 19,000–21,000 million by Sep '25, with market growth potential up to INR 31,500 million by FY30.
Expects robust free cash flows to fund ongoing and future expansion without stressing the balance sheet.
New investments and capital infusions, including from GIC affiliate, expected to support growth.
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