Samhi Hotels Limited has announced a significant development in its expansion plans, securing an extension from the Maharashtra Industrial Development Corporation (MIDC) for its Navi Mumbai project. This move paves the way for the company to proceed with its hotel development plans in the region.

Project Details

The company's step-down subsidiary, Duet India Hotels (Navi Mumbai) Private Limited, received communication from MIDC on October 27, 2025, confirming the extension of the development period for the project land. The land is located at Plot Nos. D-236 & D-237, TTC Industrial Area, Navi Mumbai.

Proposed Development

Samhi Hotels has outlined its plans for the Navi Mumbai project:

It's important to note that the execution of these plans is subject to definitive agreements.

Strategic Location

The project's location is considered highly strategic, with several key factors contributing to its potential success:

• Situated along the Mumbai-Pune Expressway
• Close proximity to the upcoming Navi Mumbai International Airport
• Near DY Patil Stadium
• Close to the Atal Setu Trans-Harbour Link

These surrounding developments are expected to boost the region's commercial activity, infrastructure growth, and hospitality demand.

Company Statement

Sanjay Jain, Senior Director of Corporate Affairs, Company Secretary, and Compliance Officer of SAMHI Hotels Limited, confirmed that the land continues to be held by Duet India Hotels (Navi Mumbai) Private Limited on a valid leasehold basis from MIDC.

This project represents one of Samhi's most significant upcoming developments, highlighting the company's commitment to expanding its presence in strategically important locations across India.

As the hospitality sector continues to evolve, Samhi Hotels' move to develop a dual-branded property in Navi Mumbai could potentially position the company to capitalize on the expected growth in the region's commercial and tourism sectors.

Samhi Hotels , a prominent player in the Indian hospitality sector, anticipates a significant revenue boost if the government implements a proposed Goods and Services Tax (GST) rate reduction for hotel rooms. The company's stock currently trades at ₹207.08, with a market capitalization of ₹4,536.00 crore.

Potential Impact of GST Rate Cut

Ashish Jakhanwala, Chairman and Managing Director of Samhi Hotels, revealed that the company expects a 10-15% increase in revenue if the GST on hotel rooms priced at ₹7,500 or below is reduced. The proposed change would lower the tax rate from the current 12% (with input tax credit) to 5% (without input tax credit).

This potential tax adjustment could have a substantial impact on Samhi Hotels' operations, as Jakhanwala noted that 60-65% of the company's rooms fall within this pricing category. These rooms contribute to 45-50% of the company's revenues, primarily through popular brands such as Holiday Inn Express and Fairfield by Marriott.

Recent Financial Performance

Samhi Hotels reported robust financial results in its most recent quarter:

The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) margin of 33.20% demonstrates strong operational efficiency in the competitive hospitality sector.

Market Segmentation

Samhi Hotels' business model shows a clear focus on the domestic market:

• Domestic business: 75% of operations
• International guests: 25% of operations

This distribution suggests that the company is well-positioned to benefit from growth in India's domestic tourism and business travel sectors.

Upcoming Investor Conference

According to the company's latest disclosure to the stock exchanges, Samhi Hotels officials will be participating in an investors conference organized by Elara Capital. The event is scheduled for September 4, 2025, in Mumbai, featuring one-on-one and group meetings with institutional investors.

The company has emphasized that discussions during these meetings will be based on publicly available information, adhering to regulatory guidelines by not disclosing any unpublished price-sensitive information.

As the hospitality industry in India continues to evolve, particularly with potential policy changes like GST rate adjustments, Samhi Hotels appears to be strategically positioned to capitalize on these developments. Investors and industry observers will likely keep a close watch on how these factors may influence the company's future performance and market standing.