Investor Presentation

SAMHI Hotels' acquisition strategy has driven robust growth, with FY25 revenue at ₹1,149.7 Cr (+17.5% YoY) and EBITDA at ₹425.7 Cr (+47.9% YoY, 37% margin). H1 FY26 continued strong performance with ₹583.6 Cr revenue and ₹216.1 Cr EBITDA.

Net Debt-to-EBITDA improved significantly to ~2.9x (Sept'25) from 8.7x (FY23), targeting below 3.0x. The company's core strategy focuses on acquiring and revitalizing assets in prime urban markets, a model accounting for 87% of its portfolio.

A key growth driver is a strategic partnership with GIC, bringing ~₹750 Cr for upscale assets to accelerate expansion and boost free cash flow.

SAMHI is also emphasizing capital-efficient leasehold models, which demonstrate superior RoCEs (18% in FY25). Recent developments include securing a dual-branded Westin and Fairfield by Marriott hotel (~400 rooms) near Navi Mumbai International Airport, and adding a 260-key mid-scale hotel in Hyderabad.

Ongoing renovations in Bangalore and Hyderabad aim to increase upscale revenue share from 42% to 60%. Management aims for a 15%+ portfolio RoCE, supported by an investible surplus of over ₹780 Cr for M&A and new long-term leases.

These initiatives are expected to expand revenue to ₹2,900-3,150 Cr by FY30.