Samhi Hotels Limited, a prominent branded hotel ownership and asset management platform in India, has reported financial results for the second quarter, along with significant business developments that are set to reshape its future growth trajectory.

Financial Highlights

For Q2, SAMHI Hotels demonstrated growth across key financial metrics:

• Revenue Per Available Room (RevPAR) increased by 11.20% year-over-year to ₹5,026.00
• Total income rose by 11.00% to ₹2,963.00 million
• Consolidated EBITDA grew by 14.20% to ₹1,105.00 million
• Profit After Tax (PAT) surged by 691.10% to ₹998.00 million

The company maintained an occupancy rate of 75% during the quarter.

Half-Year Performance

The first half also showed results:

Strategic Developments and Expansion Plans

SAMHI Hotels is pursuing a growth strategy with two significant developments:

1. Navi Mumbai Expansion

The company plans to develop a dual-brand project near the Navi Mumbai International Airport and DY Patil Stadium. This project is expected to feature approximately 700 rooms, with an initial phase of about 400 rooms. The hotel is proposed to operate under the Westin and Fairfield by Marriott brands, subject to the execution of definitive agreements.

2. Hyderabad Financial District Entry

SAMHI has signed a lease agreement for a ~260-room mid-scale hotel to be developed as part of a mixed-use project in Hyderabad's Financial District.

Future Growth Projections

• SAMHI Hotels plans to add 8% to its inventory.
• The company has set a target of achieving 9-11% CAGR growth in RevPAR.
• SAMHI Hotels reported 16% EBITDA growth in H1.

Improved Financial Position

The company's financial position has strengthened:

• Net Debt to EBITDA ratio improved to 2.9x as of September 30, compared to 4.4x as of March 31
• Annualized interest cost reduced to ₹1,250.00 million, down from ₹1,900.00 million
• Credit rating upgraded to A+ stable by CARE

Management Commentary

Ashish Jakhanwala, Chairman & Managing Director of SAMHI Hotels Ltd., commented on the results: "We are pleased to announce strong results for the period ending 30th September, along with news of the landmark development in Navi Mumbai. The total revenue growth of ~11.00% and consolidated EBITDA growth of 14.20% over the same period last year sets a very strong base for the remaining part of the fiscal year and for the next."

He added, "We are very excited about the Navi Mumbai development. This project will redefine both Navi Mumbai's skyline and SAMHI's future with the potential to create a 700-room dual-branded hotel. We are happy to contribute to the state's commitment to make Navi Mumbai a world-class city."

Future Outlook

With these strategic expansions and the continued performance of its existing portfolio, SAMHI Hotels is positioned for future growth. The company's focus on key commercial districts and its multi-brand strategy are expected to drive revenue growth and market share expansion in India's hospitality sector.

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:

Corporate Restructuring and Asset Management

SAMHI Hotels announced several strategic moves during the quarter:

1. 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.

2. 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.