Samhi Hotels , a leading branded hotel ownership and asset management platform in India, has announced robust financial results for the first quarter, ending June 30. The company demonstrated significant growth across key financial metrics, despite facing some geopolitical challenges during the period.

Financial Highlights

Operational Performance

The company maintained a strong occupancy rate of 74% for the quarter, showcasing the resilience of its business model. Despite a temporary setback in May due to geopolitical events, Samhi Hotels' performance quickly rebounded, with year-on-year metrics returning to April levels by June.

Strategic Developments

Samhi Hotels has made significant strides in its growth strategy:

1. GIC Partnership: The company completed a transaction with GIC, Singapore's sovereign wealth fund, which invested approximately INR 7,500.00 million for a 35% stake in three of Samhi's subsidiaries.

2. Asset Recycling: Since 2023, Samhi has concluded over INR 2,100.00 million of asset sales at an average EV/EBITDA multiple of ~20x.

3. Growth Investments: The company has invested or committed to invest over INR 10,000.00 million in new assets and rebranding initiatives, which are expected to yield higher returns.

4. Caspia Hotel Divestment: Samhi has entered into an agreement to sell its Caspia Hotel in New Delhi, aligning with its strategy of capital recycling to improve shareholder returns.

Management Commentary

Ashish Jakhanwala, Chairman & Managing Director of Samhi Hotels Ltd., commented on the results: "Despite a short period of interruption due to geopolitical issues, we continue to see good growth across our portfolio. This sets a strong base for future growth. With a strong pipeline of assets under rebranding and/or completion, we are excited about the overall prospects of our company."

Financial Position

As of June 30, Samhi Hotels has significantly improved its financial position:

Future Outlook

With a strong balance sheet and a clear growth strategy in place, Samhi Hotels is well-positioned for future expansion. The company has identified multiple levers to expand its revenue base, including market growth, margin expansion, and new acquisitions using its investible surplus.

Samhi Hotels continues to focus on disciplined growth, operational excellence, and clear communication with stakeholders, as it aims to capitalize on the positive trends in India's hospitality sector.

Note: All financial figures are in Indian Rupees (INR) unless otherwise stated.

Samhi Hotels , a prominent player in the hospitality sector, has announced its financial results for the fourth quarter, showcasing remarkable growth across key metrics.

Quarterly Performance Highlights

The company reported a consolidated net profit of ₹459.00 million for Q4, marking a substantial increase from ₹113.00 million in the same quarter of the previous year. This represents an impressive year-over-year growth of 306%. The quarter-over-quarter performance was equally noteworthy, with net profit rising from ₹228.00 million in the previous quarter to ₹459.00 million, indicating a 101% increase.

Revenue Growth

Samhi Hotels' revenue for Q4 stood at ₹3.20 billion, up from ₹2.79 billion in the corresponding quarter of the previous year. This translates to a year-over-year revenue growth of 14.70%, reflecting the company's strong market position and operational efficiency.

Financial Performance Overview

To better illustrate Samhi Hotels' financial performance, here's a breakdown of the key figures:

The significant increase in net profit, both year-over-year and quarter-over-quarter, suggests that Samhi Hotels has successfully implemented strategies to enhance its profitability. The company's ability to grow its revenue while substantially improving its bottom line indicates effective cost management and operational optimization.

These results demonstrate Samhi Hotels' resilience and adaptability in the dynamic hospitality industry. The company's strong financial performance positions it well for future growth and expansion opportunities in the sector.