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SAMHI Hotels (SAMHI) investor relations material
SAMHI Hotels Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q2 FY27 same-store revenue grew 12.6% YoY, ahead of 9%-11% long-term guidance; occupancy was 78.6%, up from 75% a year earlier.
Same-store RevPAR rose 14.3% to ₹5,746, supported by 9.2% ARR growth.
H1 was described as reassuring, with management expecting stronger Q3 and Q4; new hotels and RARE fee income are expected to add growth from FY28.
Growth plans include 1,669 secured new rooms, 473 rooms being rebranded and an asset-light leisure platform of ~70 hotels.
Financial highlights
Q2 total income was ₹3,427mn, up 15.6% YoY; consolidated revenue was ₹3,380.70mn versus ₹2,929.74mn. H1 total income was ₹6,510mn.
Q2 consolidated EBITDA was ₹1,237.86mn, up 12.0%; excluding the ~₹103mn GST input-credit impact, EBITDA was ₹1,338mn, up 21.3%.
Q2 PBT before exceptional items rose 39.9% to ₹534.32mn; PAT was ₹410.77mn versus ₹997.95mn a year earlier, which included exceptional gains.
H1 EBITDA was ₹2,250.91mn, up 4.2% reported and 17.0% comparable; H1 PBT before exceptional items rose 34.5% to ₹861.65mn and PAT was ₹660.04mn.
Q2 EPS was ₹1.85 basic and ₹1.84 diluted; H1 EPS was ₹2.97 basic and ₹2.96 diluted.
Outlook and guidance
Management expects Q3 and Q4 RevPAR growth of 14%-15%, driven by 10%-11% rate growth and improved capacity utilization; same-store total revenue growth is modeled at 13%-14%.
Same-store revenue guidance remains 9%-11%; with new inventory, management targets a return to high-teens revenue growth, potentially early 20s.
H2 EBITDA growth is expected in the high teens; management expects each successive quarter to exceed the prior quarter, while noting external-event volatility.
W Hyderabad is targeted to open in Q2 FY28; FY29 is expected to be its stabilized year.
RARE’s first Outdoor Collection hotels are planned to go live in December; FY28 revenue is expected at ₹15 crore-₹20 crore, with fee income and profit ramping from that year.
- Q1 FY27 delivered robust growth, margin resilience, and major acquisitions amid volatile conditions.SAMHI
Q1 26/27 - GIC acquires 35% in three upscale hotel subsidiaries, enabling major debt reduction and future growth.SAMHI
Status Update - 12.3% income growth, profit surge, and strong deleveraging set up robust future expansion.SAMHI
Q4 25/26 - Q3 FY26 saw strong growth in revenue, EBITDA, and PAT, with improved leverage and robust cash flow.SAMHI
Q3 25/26 - Double-digit growth, exceptional gains, and capital infusion drive robust Q2 FY26 outlook.SAMHI
Q2 25/26 - Q2 FY25 delivered strong revenue and EBITDA growth, with a return to consolidated net profit.SAMHI
Q2 24/25 - Q1 FY25 saw revenue of INR 2,498.93 million and net profit of INR 42.34 million.SAMHI
Q1 24/25 - Strong FY25 growth, margin gains, improved leverage, and GIC partnership drive expansion.SAMHI
Q4 24/25 - Q3 FY25 delivered strong revenue, EBITDA, and PAT growth, supported by robust demand and acquisitions.SAMHI
Q3 24/25
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