Samhi Hotels Limited — Investor Meet, 12-06-2025: Analysts/Institutional Investor Meet/Con. Call Updates

SAMHI Hotels reported revenues of ~INR1,150 Cr with a 14-year CAGR of 32% in revenue and 44% in EBITDA. First full-year PAT reached INR85 Cr, supported by same-store gains and portfolio turnarounds. Net debt/EBITDA stands at 3.2x, aiming below 3x via capital recycling. The portfolio covers upscale to mid-scale hotels with plans to double upscale inventory in 2-3 years. Growth is driven by urban demand, data-driven asset acquisitions, and renovations lifting ROCE to mid-teens. GIC partnership aids deleveraging and governance. Management focuses on disciplined growth in core markets, while weekend occupancies leave room for expansion amid constrained Tier-1 supply.