SAMHI Hotels Q1 FY27 Results: PAT Rises 29.6 Percent Despite Geopolitical Challenges

SAMHI Hotels Limited has reported higher revenue, occupancy and profitability for the first quarter of FY27, supported by steady domestic travel demand despite temporary geopolitical disruptions affecting international travel.

The branded hotel ownership and asset management company reported a RevPAR of Rs. 5,219, an increase of 9.6 percent year-on-year, while occupancy improved to 79.3 percent from 74.2 percent in the corresponding quarter last year.

For the quarter ended 30th June 2026, the company posted Total Income of Rs. 3,083 million, registering 10.8 percent year-on-year comparable growth and 7.3 percent reported growth. Profit After Tax (PAT) increased 29.6 percent year-on-year to Rs. 249 million, while Profit Before Tax (before exceptional items) rose 26.4 percent to Rs. 327 million.

On a reported basis, Consolidated EBITDA stood at Rs. 1,013 million, compared with Rs. 1,056 million in the corresponding quarter last year. The company stated that comparable EBITDA grew 12.1 percent year-on-year, while the reported figure reflected the impact of GST input tax credit adjustments.

The company also reported continued progress in strengthening its balance sheet. Net Debt to EBITDA improved to 3.2x, while the effective interest rate declined to 7.8 percent, nearly 300 basis points lower since its IPO. Net annualised interest run rate also reduced to approximately Rs. 1,240 million.

Ashish Jakhanwala, MD & CEO, SAMHI Hotels Ltd., said, "I am pleased to report another quarter of resilient performance despite temporary geopolitical headwinds. On a comparable basis, RevPAR grew 9.6% YoY, Total Income grew 10.8% YoY on comparable basis to ₹3,083 million, while Consolidated EBITDA increased 12.1% YoY on comparable basis to ₹1,013 million. Operating EBITDA margin improved to 36.0% (excluding the GST impact) and Occupancy remained healthy at 79.3%, reflecting the continued strength of our operating platform. That while international travel was affected during the quarter due to the Middle East conflict, strong domestic corporate travel and MICE demand helped the company maintain healthy operating performance." 

Jakhanwala said, "The company's hotel additions, rebranding and renovation projects remain on schedule and are expected to increase the share of upscale inventory from approximately 41 percent to approximately 60 percent by FY2030, supporting higher revenue per key and improved margins. He also highlighted the company's strategic partnership with RARE India, which will strengthen its presence in the experience-led leisure segment. Combined with the proposed Marriott distribution partnership, the initiative is expected to support premium leisure travel growth through an asset-light model. The company also plans to make selective investments in high-quality leisure assets through succession capital to gradually expand its leisure portfolio."

The company expects its growth pipeline and increasing share of upscale hotels to support operating EBITDA margins of around 40 percent. It also stated that its current balance sheet position and stable interest costs are expected to improve free cash flow generation and provide additional financial flexibility to support future expansion.