NewsEarningsSAMHI Hotels Reports 633% Jump in Q2 Net Profit, Secures Navi Mumbai Hotel Project ExtensionSAMHI Hotels Reports 633% Jump in Q2 Net Profit, Secures Navi Mumbai Hotel Project Extension
SAMHI Hotels Limited reported a 633% increase in Q2 net profit to 924 million rupees, with revenue rising 11.8% to 2.93 billion rupees. The company announced corporate restructuring, including the transfer of a Fairfield by Marriott hotel in Hyderabad between subsidiaries. SAMHI also received approval from MIDC for an extension on its Navi Mumbai project, a dual-branded hotel with approximately 700 rooms near the new international airport.
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Samhi Hotels Limited, a leading branded hotel ownership and asset management platform in India, has reported a significant surge in its financial performance for the second quarter, along with major developments in its operations and projects.
Strong Financial Performance
For Q2, SAMHI Hotels reported a consolidated net profit of 924 million rupees, representing a remarkable 633% increase from 126 million rupees in the same period last year. This substantial growth in profitability underscores the company's robust operational efficiency and market positioning.
The company's revenue showed solid growth, rising to 2.93 billion rupees compared to 2.62 billion rupees year-over-year, marking an 11.8% increase. This revenue growth reflects SAMHI's strong market presence and its ability to capitalize on the recovering hospitality sector.
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) saw a modest increase to 1.79 billion rupees from 1.75 billion rupees in the previous year. However, the EBITDA margin experienced a slight decline to 61.25% from 66.78% in the corresponding quarter last year, indicating some pressure on operational costs.
An exceptional item of 841 million rupees was recorded during the quarter, contributing significantly to the bottom line. While the nature of this exceptional item wasn't specified in the provided data, it has played a crucial role in boosting the company's profitability for the quarter.
Key Performance Indicators
SAMHI Hotels' performance for Q2 can be summarized in the following table:
| Metric | Q2 Current | Q2 Previous | YoY Change |
|---|---|---|---|
| Revenue (in billion rupees) | 2.93 | 2.62 | +11.8% |
| EBITDA (in billion rupees) | 1.79 | 1.75 | +2.3% |
| EBITDA Margin | 61.25% | 66.78% | -5.53 pp |
| Net Profit (in million rupees) | 924 | 126 | +633.3% |
Corporate Restructuring and Asset Management
SAMHI Hotels announced several strategic moves during the quarter:
The Board of Directors approved a restructuring within the group, involving the transfer of an operating hotel (Fairfield by Marriott, Hyderabad) from Duet India Hotels (Hyderabad) Private Limited to Caspia Hotels Private Limited through a demerger process. This transfer requires National Company Law Tribunal approval. Both entities are wholly owned subsidiaries of SAMHI Hotels.
The company completed the sale of its Caspia hotel business undertaking on August 13, 2025, for 639.87 million rupees, demonstrating active portfolio management.
Navi Mumbai Project Extension
SAMHI Hotels announced that it has received formal confirmation from the Maharashtra Industrial Development Corporation (MIDC) granting an extension to the development timeline for its marquee hotel project in Navi Mumbai. This approval clears the path for SAMHI to commence development of a landmark, dual-branded hotel comprising approximately 700 rooms near the Navi Mumbai International Airport and DY Patil Stadium.
The project highlights include:
- Location: Along the Mumbai-Pune Expressway, in proximity to the Navi Mumbai International Airport, DY Patil Stadium, and the Atal Setu Trans-Harbour Link
- Scale: Approximately 700 rooms, dual-branded
- Brands: Westin (Upper Upscale) and Fairfield by Marriott (Upper Mid-scale), subject to execution of definitive agreements
- Development Plan: Phase 1 planned for about 400 rooms, with potential to expand to 700 rooms upon full development
This project marks SAMHI's entry into the Mumbai Metropolitan Region and is expected to be the largest asset in its portfolio by number of rooms.
Strategic Implications
The MIDC extension provides development certainty and aligns the project schedule with the ongoing commercial growth in Navi Mumbai. The dual-branded configuration will allow SAMHI to serve a wide spectrum of demand drivers, including aviation, corporate, MICE, sports, entertainment, and leisure, optimizing both occupancy and Average Room Rate (ARR) potential in the next growth engine of the Mumbai Metropolitan Region.
Ashish Jakhanwala, Chairman & Managing Director of SAMHI Hotels Ltd., commented on the development: "We are delighted to receive MIDC's confirmation, which unlocks a transformational opportunity for SAMHI in Mumbai Metropolitan Region. This development will be a large, marquee addition to our portfolio, with a complementary dual branded hotel under the Westin and Fairfield by Marriott brands. This positions us to capture the diverse demand segments around the Navi Mumbai International Airport and DY Patil Stadium corridor."
Conclusion
SAMHI Hotels' strong Q2 results, coupled with strategic corporate restructuring and the Navi Mumbai project extension, demonstrate the company's robust growth trajectory and its ability to capitalize on emerging opportunities in India's hospitality sector. The significant increase in net profit, active portfolio management, and the development of a landmark project in the Mumbai Metropolitan Region position SAMHI for continued growth and expansion in key markets across India.
Historical Stock Returns for Samhi Hotels
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.21% | +2.42% | +5.07% | +17.52% | +12.16% | +44.25% |
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