Strong Operations and Disciplined Execution Drive SAMHI’s Growth Trajectory
Robust operating performance and disciplined execution drive SAMHI’s accelerating growth momentum.
By SOH Edit Team
SAMHI Hotels Limited, a leading branded hotel ownership and asset management platform in India, announced its unaudited Standalone and Consolidated financial results for the quarter and nine months ended 31 December 2025.
Commenting on the performance, Ashish Jakhanwala, Chairman & Managing Director, SAMHI Hotels Limited, said, “We are pleased to report our results for the quarter and nine months ended 31 December 2025, along with key developments across our portfolio. Our operating performance remained resilient, delivering same-store RevPAR growth of 13.3% year-on-year, despite disruptions arising from the crisis at India’s largest airline in December 2025.”
Ashish Jakhanwala, Chairman & Managing Director, SAMHI Hotels Limited.
Key Highlights – Q3 FY26
- RevPAR¹ stood at ₹5,643, registering a 13.3% YoY growth
- Occupancy improved to 73% during the quarter
- Total Income for the quarter was ₹3,419 Mn, up 16.2% YoY
- EBITDA² for the quarter stood at ₹1,263 Mn, reflecting a 13.2% YoY increase
- Consolidated EBITDA margin was impacted by 2.0% due to a change in GST slab; excluding this impact, Consolidated EBITDA grew 19.2% YoY, underscoring strong operating momentum
- Exceptional items include a one-time impact of ₹11 Mn related to the implementation of the New Labour Codes
- PAT stood at ₹481 Mn, up 111.3% YoY
Key Highlights – 9M FY26
- RevPAR¹ grew 11.7% YoY
- Occupancy averaged 74% during the nine-month period
- Total Income for the nine months was ₹9,255 Mn, up 13.5% YoY
- EBITDA² stood at ₹3,424 Mn, registering a 15.2% YoY growth
- PAT increased to ₹1,671 Mn, up 321.7% YoY
Consolidated Financial Highlights:
During the quarter, total revenue grew 16.2% YoY, while Consolidated EBITDA increased 19.2% YoY prior to the impact of new GST regulations, reflecting strong operating leverage. The removal of input tax credit for hotels with room rates below ₹7,500 moderated EBITDA growth to 13.2% YoY. While this change had a near-term margin impact, it is expected to structurally support demand over the long term.
Commenting on the performance, Ashish Jakhanwala said, “Continued EBITDA growth and lower finance costs drove a nearly 2.5x increase in PBT for the quarter. We reported PAT of ₹481 Mn, up 111.3% YoY. For 9M FY26, revenue grew 13.5% and Consolidated EBITDA increased 15.2% YoY, providing a strong foundation for the remainder of FY26 and sustained growth into FY27. We also generated approximately ₹300 crore of surplus cash on a trailing twelve-month basis, strengthening our balance sheet and supporting future growth initiatives.”
He added, “We made solid progress on ongoing growth projects, including W Hyderabad and Westin Bengaluru, which remain on track. Supported by a robust pipeline, steady same-store growth of 9–11% CAGR, and strong free cash generation, we remain confident in SAMHI’s long-term growth trajectory and value creation for shareholders.”
