Samhi Hotels Ltd
NSE:SAMHI
Samhi Hotels Ltd
Samhi Hotels Ltd is a IN-based company operating in Hotels, Restaurants & Leisure industry. The company is headquartered in Gurgaon, Haryana and currently employs 1,644 full-time employees. The company went IPO on 2023-09-22. SAMHI Hotels Limited is an India-based company, which provides hotel ownership and asset management platform. The firm's hotels operate in the Upper Upscale and Upscale, Upper Mid-scale and Mid-scale. The company has a portfolio of approximately 31 operating hotels comprising 4,801 keys and has a diverse geographic presence in 14 cities across India, including National Capital Region (NCR), Bengaluru, Hyderabad, Chennai and Pune. The company has two hotels under development with a total of 461 keys in Kolkata and Navi Mumbai. Its operating hotels include Courtyard by Marriott, Bengaluru; Fairfield by Marriott, Bengaluru; Fairfield by Marriott, Chennai; Four Points by Sheraton, Vishakhapatnam; Fairfield by Marriott, Goa; Fairfield by Marriott, Pune; Fairfield by Marriott, Coimbatore, and others.
Samhi Hotels Ltd is a IN-based company operating in Hotels, Restaurants & Leisure industry. The company is headquartered in Gurgaon, Haryana and currently employs 1,644 full-time employees. The company went IPO on 2023-09-22. SAMHI Hotels Limited is an India-based company, which provides hotel ownership and asset management platform. The firm's hotels operate in the Upper Upscale and Upscale, Upper Mid-scale and Mid-scale. The company has a portfolio of approximately 31 operating hotels comprising 4,801 keys and has a diverse geographic presence in 14 cities across India, including National Capital Region (NCR), Bengaluru, Hyderabad, Chennai and Pune. The company has two hotels under development with a total of 461 keys in Kolkata and Navi Mumbai. Its operating hotels include Courtyard by Marriott, Bengaluru; Fairfield by Marriott, Bengaluru; Fairfield by Marriott, Chennai; Four Points by Sheraton, Vishakhapatnam; Fairfield by Marriott, Goa; Fairfield by Marriott, Pune; Fairfield by Marriott, Coimbatore, and others.
Strong Revenue Growth: SAMHI Hotels reported Q3 total income of INR 342 crores, up 16.2% year-on-year, with same-store RevPAR growing 13.3%.
Margin Headwind from GST: EBITDA growth was impacted by changes in GST regulations, moderating reported EBITDA growth to 13.2% and reducing margins by 200 basis points.
Operating Resilience: Despite airline disruptions in December, the portfolio demonstrated strong pricing power and resilience, particularly in mid-scale and upscale segments.
CapEx and Expansion: The company continues to invest in new room additions and upscale projects, with 1,900 rooms under development or rebranding, and remains confident in meeting long-term growth targets.
Upbeat Outlook: Management expects momentum to continue in Q4, with strong demand trends and a targeted revenue goal of INR 3,000 crores by 2030.
Leverage Stable: Net debt-to-EBITDA remains at 3x, with no material increase in net leverage expected as growth CapEx is funded through internal accruals.
