Samhi Hotels Limited — PPTs, 11-11-2025: 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.