Samhi Hotels Limited — Investor Meet, 06-06-2025: Analysts/Institutional Investor Meet/Con. Call Updates

SAMHI Hotels reported FY25 revenue growth of 17.5% YoY to INR 1,150 Cr, with EBITDA rising 27% YoY to INR 443 Cr. Q4 saw 15.8% revenue and 22% EBITDA growth driven by 16.5% same-store RevPAR increase. A INR 750 Cr infusion from GIC cut net debt/EBITDA to 3.2x, supporting expansions including Westin & Tribute hotels in Bangalore and W in Hyderabad. Margins improved with Q4 EBITDA ~43% at asset level. F&B growth trails rooms but ballroom upgrades and rebranding should boost revenues and margins through FY27. FY26 capex of INR 175-200 Cr planned, partially funded by GIC. Management is confident on sustained growth and margin expansion led by strong demand and strategic expansions in premium micro-markets.