SAMHI Hotels (SAMHI) Q1 24/25 earnings summary

Executive summary

• Board approved unaudited standalone and consolidated financial results for the quarter ended 30 June 2024.

• Limited review reports issued by statutory auditors with unmodified opinions for both standalone and consolidated results.

• Board reconstituted Audit, Nomination & Remuneration, and Stakeholder's Relationship Committees.

Financial highlights

• Consolidated revenue from operations for Q1 FY25 was INR 2,498.93 million, down from INR 2,568.14 million in Q4 FY24 but up from INR 1,904.40 million in Q1 FY24.

• Consolidated EBITDA for Q1 FY25 was INR 889.86 million, compared to INR 961.64 million in Q4 FY24 and INR 472.63 million in Q1 FY24.

• Consolidated net profit for Q1 FY25 was INR 42.34 million, compared to INR 112.93 million in Q4 FY24 and a net loss of INR 834.90 million in Q1 FY24.

• Standalone revenue from operations for Q1 FY25 was INR 361.88 million, compared to INR 433.11 million in Q4 FY24 and INR 338.80 million in Q1 FY24.

• Standalone net loss for Q1 FY25 was INR 2.85 million, compared to a net profit of INR 981.38 million in Q4 FY24 and a net loss of INR 486.48 million in Q1 FY24.

Outlook and guidance

• Management expects continued positive operating cash flows and compliance with financial covenants, supported by improved financial position post-IPO and ACIC Portfolio acquisition.