SAMHI Hotels Reports Strong Q1 Performance: PAT Surges 353.8%, EBITDA Margin Expands to 36.8%
Samhi Hotels announced robust Q1 FY24 results with total income up 13% to INR 2,873 million, EBITDA rising 18.6% to INR 1,056 million, and PAT surging 353.8% to INR 192 million. RevPAR grew 10.3% to INR 4,760, while occupancy remained strong at 74%. The company completed a transaction with GIC, reduced net debt to INR 14,345 million, and improved its net debt to EBITDA ratio to 3.1x. Samhi also entered an agreement to sell its Caspia Hotel in New Delhi as part of its capital recycling strategy.
30May 25
Samhi Hotels Reports Impressive Q4 Results with 306% Surge in Net Profit
Samhi Hotels announced impressive Q4 financial results, with net profit soaring to ₹459.00 million, a 306% year-over-year increase. Revenue grew by 14.70% to ₹3.20 billion. The company also saw a significant quarter-over-quarter improvement, with net profit rising 101% from the previous quarter.
29May 25
SAMHI Hotels Delivers Robust Q4 Results with Soaring Profits and Improved Margins
SAMHI Hotels announced impressive Q4 financial results. Consolidated net profit soared to ₹459.00 crore, up from ₹113.00 crore year-over-year. Revenue grew by 14.70% to ₹3,200.00 crore. EBITDA increased by 24.70% to ₹1,200.00 crore, with EBITDA margin expanding to 39.62%. The results indicate strong recovery in the hospitality sector and effective management strategies.
14May 25
SAMHI Hotels Approves ₹450 Million Investment in Ascent Hotels
SAMHI Hotels' board has approved a ₹450 million (₹45 crore) investment in Ascent Hotels. This strategic move could lead to portfolio expansion, market position strengthening, operational synergies, or a strategic partnership between the two companies. The investment comes as the hospitality industry is recovering and transforming, signaling SAMHI's confidence in future growth prospects.
29Apr 25
Samhi Hotels Sees Major Stake Sale: Blue Chandra Exits with Rs 152 Crore Deal
Blue Chandra Pte Ltd., a subsidiary of Equity International Fund V, has completely divested its 3.94% stake in Samhi Hotels Ltd. The block deal involved the sale of 87.21 lakh shares at Rs 174.30 per share, totaling approximately Rs 152.00 crore. Major buyers included BoFA Securities Europe SA, Citigroup Global Markets Mauritius Pvt, Steinberg India Emerging Opportunities Fund Ltd., and Tata Mutual Fund. This transaction marks a significant change in Samhi Hotels' shareholding pattern and has attracted institutional investors.
24Apr 25
SAMHI Hotels and GIC Form Strategic Partnership: GIC Acquires 35% Stake in Three Subsidiaries for ₹752 Crore
SAMHI Hotels Limited has formed a strategic partnership with GIC, where GIC will acquire a 35% stake in three SAMHI subsidiaries for ₹752 crore. The deal, structured with an enterprise value of ₹2,200 crore, aims to reduce SAMHI's debt by ₹580 crore and boost profit after tax by 15-20%. The initial portfolio includes five properties in Bengaluru and Pune. This partnership is expected to strengthen SAMHI's balance sheet and provide growth opportunities in the upscale hotel segment in India.