Samhi Hotels Limited · NSE:SAMHI
Samhi Hotels — Q1 FY2026 Earnings Presentation
46 slides from Samhi Hotels's earnings presentation, Aug 13, 2025
Slide 1: Investor Presentation for Quarter 1 - FY 26 filing letter
13th August 2025 SAMHI Hotels Ltd. CIN: L55101DL2010PLC211816 BSE Limited National Stock Exchange of India Regd. Office: Caspia Hotels Corporate Relationship Department Limited Delhi, District Centre Crossing, Opp. Galaxy Toyota Outer Ring Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza, C-1
Slide 2: Investor Presentation Q1 FY2026
www.samhi.co.in Hyatt Regency, Pune Investor Presentation Q1 FY2026 Page 1
Slide 3: From the CEO's Desk
www.samhi.co.in From the CEO’s Desk We are pleased to announce results for the period ending 30th June 2025. Despite a short period of interruption due to geopolitical issues, we continue to see good growth across our portfolio. This sets a strong base for future. Total revenue growth was ~13.0% wit
Slide 4: Q1FY26 Highlights
www.samhi.co.in Q1FY26 Highlights RevPAR1 Total Income ₹4,760 ₹2,873mn + 10.3% YoY + 13.0% YoY Consol. EBITDA PAT2 ₹1,056mn ₹192mn Continued growth of key performance +18.6% YoY + 353.8% YoY indicators & strong financial performance despite interruption in the month of May on account of geopolitical
Slide 5: Growth affected due to geopolitical disruptions
www.samhi.co.in Growth affected due to YoY Revenue Growth % 16.00% geopolitical disruptions 14.00% 13.6% 12.00% 11.7% 10.00% 8.00% 6.00% 4.2% 4.00% Business performance in May 2025 was temporarily affected due to geopolitical events, 2.00% leading to a short-term deviation From June 2025, year-on-ye
Slide 6: Macro Dynamics
www.samhi.co.in Macro Dynamics Fairfield Hyderabad All Day Dining Fairfield by Marriott, Vizag (Lobby)
Slide 7: Robust commercial activity across key markets
www.samhi.co.in Robust commercial activity across key markets Office market size1 (mn sq. ft.) Net Absorption2 FY25 Q1FY25 Q1FY26 Current Upcoming Total of Total of Total of ~51 mn sqft ~9 mn sqft ~14 mn sqft Bangalore 219 37 13.1 2.5 3.5 4 Key Markets (Bangalore, Hyderabad, Pune, Delhi NCR) Hyderab
Slide 8: Travel disruptions affected key cities due to geopolitical tensions
www.samhi.co.in Travel disruptions affected key cities due to geopolitical tensions QoQ airline passenger growth (in mn)1 Q1FY26 change over Q1FY251 18.5% +5% YoY 12.1% Due to geopolitical events and 77 77 75 the Ahmedabad plane crash, 70 71 72 71 9.6% airline passenger growth of 66 67 65 8.6% 8.1%
Slide 9: Performance Summary
www.samhi.co.in Performance Summary Holiday Inn Express, Greater Noida (Lobby) Courtyard by Marriott Bangalore ORR Reception
Slide 10: Sustained Revenue and EBITDA Growth
www.samhi.co.in Sustained Revenue and EBITDA Growth FY2025 FY2026 Q1 Q2 Q3 Q4 Q1 RevPAR Trend Total Income 2,568 2,705 2,987 3,236 2,873 YoY growth 33.5% 21.2% 9.3% 11.6% 13.0% Consol. EBITDA 934 1,016 1,177 1,307 1,0564 +10% YoY YoY growth 43.7% 37.6% 15.5% 21.4% 18.6% Depreciation (299) (288) (291
Slide 11: Double-digit RevPAR growth amid geopolitical headwinds
www.samhi.co.in Double-digit RevPAR growth amid geopolitical headwinds Segment wise RevPAR growth3 (Q1FY26 YoY) +21% YoY Upper Upscale & Upscale 11% 5,958 Upper Mid-scale 11% +15% YoY +10% +17% 5,088 YoY Mid-scale 7% YoY +16% 4,830 YoY 4,760 +20% +13% YoY 4,529 YoY 4,248 4,276 +16% +15% YoY YoY 3,78
Slide 12: Q1FY26 - Total Income bridge
www.samhi.co.in Q1FY26 - Total Income bridge (amounts in ₹ mn, unless specified otherwise) +13.0% +9.1% +10.0% YoY YoY YoY 139 73 (47) 222 2,873 2,734 2,486 Recorded healthy same store growth of 9.1% Q1 FY25 Asset Income 1 Growth in Same Store 2 Growth from new openings 3 Loss due to sold/ discounti
Slide 13: Q1FY26 – Consol. EBITDA bridge
www.samhi.co.in Q1FY26 – Consol. EBITDA bridge (amounts in ₹ mn, unless specified otherwise) +10.4% +8.9% +18.6% YoY YoY 8 YoY (21) 25 97 1,031 1,056 947 Recorded strong flowthrough with same store EBITDA growth of Q1 FY25 Growth in Growth from Loss due to Q1 FY26 Asset Net Q1 FY26 Asset Same Store
Slide 14: Operational Efficiency
www.samhi.co.in Operational Efficiency Q1FY26 Bridge from Total Asset Income to Consol. EBITDA (479) (17.5%) (251) (9.2%) (568) 37.7% 36.8% 2,734 (20.8%) (179) Asset EBITDA Consol. EBITDA (6.5%) (129) (4.7%) (36) Margin Margin (61) 25 (1.3%) (2.2%) 1,031 1,056 Asset Payroll Fixed Variable Utilties M
Slide 15: Segmentation Mix
www.samhi.co.in Segmentation Mix Total Income Split by Segment (Q1FY26) 15% 42% 43% On-going rebranding/ renovations to increase upscale share from ~42% to ~60% by FY2029, giving boost to our overall revenue per key Upper Upscale & Upscale Upper Mid-scale Mid-scale Page 14
Slide 16: Segment Performance
www.samhi.co.in Stable: Y-o-Y change of +/-200bps; Segment Performance Upward: Y-o-Y increase of between 200 – 700bps; Strong Upwards: Y-o-Y increase of more than 700bps; Downward: Y-o-Y decrease of between 200 – 700bps; and Strong Downwards: Y-o-Y decrease of more than 700bps Upper Upscale & Upscal
Slide 17: Growth Projects
www.samhi.co.in Growth Projects Courtyard by Marriott, ORR Bangalore (Lobby) Fairfield Hyderabad All Day Dining
Slide 18: Continued asset recycling for effective capital allocation
www.samhi.co.in Continued asset recycling for effective capital allocation FY23 FY25 FY26 https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcSWsllCHw4t_c_KNxq8tZFURh8dmIUPo4nX6tR0lHYM9BE6inXW Asset monetization of more than ₹2,100 million has been achieved at an average EV-to- Four Points Fairfie
Slide 19: Internal growth projects to accelerate future growth
www.samhi.co.in Internal growth projects to accelerate 4,9481 current operational rooms future growth Rebranding of 473 rooms and addition of 596 rooms through combination of expansion and new opening to aid revenue expansion # Hotel Segment Growth Project FY26 FY27 FY28 FY29 1 Holiday Inn Express,
Slide 20: Expansion – Nagar Road, Pune
www.samhi.co.in Nagar Road, Pune (22 apartments under construction) Expansion Artist impression, actual may vary Page 19
Slide 21: Expansion – Gachibowli, Hyderabad
www.samhi.co.in Gachibowli, Hyderabad (42 apartments under construction) Expansion Artist impression, actual may vary Page 20
Slide 22: Courtyard by Marriott, Nagar Road, Pune
www.samhi.co.in Courtyard by Marriott Nagar Road, Pune (217 rooms rebranding) Current Space Under Renovation Page Artist impression, actual 21 may vary
Slide 23: W, HITEC City, Hyderabad
www.samhi.co.in W HITEC City, Hyderabad (170 rooms) Under Development Artist impression, actual may vary Page 22
Slide 24: Westin & Tribute Portfolio
www.samhi.co.in Westin & Tribute Portfolio HITEC City, Hyderabad (142 rooms renovation & 220 new rooms ) Under Renovation & Development Pagemay Artist impression, actual 23vary
Slide 25: Established capacity to fuel growth
www.samhi.co.in Established capacity to fuel growth FY25 FY25 Portfolio Actuals Proforma Even assuming no Same Store Assets1 10,175 10,175 growth in RevPAR from FY2025 levels, installed capacity to deliver a top line of ₹15,300mn with Assuming FY2025 Execution Pipeline 1,049 RevPAR & margins 5,125 m
Slide 26: Positioned for revenue expansion
www.samhi.co.in Positioned for revenue expansion New acquisitions using investible surplus ₹22,000 – 22,500mn ₹15,000 – 15,300mn Market Growth & Margin Expansion Installed Capacity (FY25) ₹11,500mn FY25 Actual Multiple levers in place to expand revenue base over FY25 Page 25
Slide 27: Large Corpus of Investible Surplus to Accelerate Growth
www.samhi.co.in Large Corpus of Investible Surplus to Accelerate Growth 35,500 (6,400) (3,000) + ~₹2,000mn from Asset Recycling ₹17,000mn+ 17,300 Investible Surplus over (8,800) the next 5 years Basis current pipeline (includes maintenance capex) Growth through tactical M&A and long-term EBITDA Inte
Slide 28: Partnership with GIC for Upscale and higher hotel assets
www.samhi.co.in External Growth Upscale Assets Partnership with GIC for Marquee Capital Partner Upscale and higher Upscale assets are capital intensive and with a strong partner in GIC, we have ability to grow this platform beyond the seed assets and accelerate hotel assets our growth path beyond th
Slide 29: External Growth Mid-scale Assets
www.samhi.co.in External Growth Mid-scale Assets Continued focus on larger business districts Target large scale assets with 200-400 room inventory to accelerate future revenue base and improve operating margins Expansion through capital efficient lease model Secure long-term leases with built-to-su
Slide 30: Summary Financials
www.samhi.co.in Summary Financials Holiday Inn Express, Kolkata (Common Area) Sheraton Hyderabad
Slide 31: Financial Summary (Consolidated P&L)
www.samhi.co.in Financial Summary (Consolidated P&L) Q1FY26 Q1FY25 Change% FY25 Q1FY26 EBITDA was impacted by: • One time income of ~₹91mn on account of write-off of Total Income 2,873 2,542 +13.0% 11,387 unamortized premium towards repayment of minority Consolidated EBITDA 1,056 891 +18.6% 4,251 in
Slide 32: Financial Flexibility
www.samhi.co.in Financial Mar 31, 2024 Jun 30, 2024 Sep 30, 2024 Dec 31, 2024 Mar 31, 2025 Jun 30, 2025 Post Caspia Delhi Sale Flexibility Net Debt (₹ mn) 18,242 18,626 18,788 20,643 19,669 14,345 13,695 TTM EBITDA1 3,681 3,810 4,045 4,204 4,434 4,5745 4,5745 (₹ mn) 6 10.5% 9.8% 9.7% 10.0% 9.5% 9.4%
Slide 33: About Us
www.samhi.co.in About Us Renaissance, Ahmedabad (Lobby) Renaissance Ahmedabad Lobby
Slide 34: Acquisition led strategy has delivered scale
www.samhi.co.in Acquisition led strategy has 11,497 delivered scale • Short capex to revenue cycle due to 9,787 acquisition led approach Consol Revenue • Discount to replacement cost for long term 32% CAGR (10 yrs.) returns 7,615 • Long term variable leases to use capital more 6,276 efficiently Cons
Slide 35: Our portfolio spans across price points capturing a wide segment of travelers
www.samhi.co.in Our portfolio spans across price points capturing a wide segment of travelers Mid-scale Upper Mid-scale Upper Upscale & Upscale Unique portfolio of assets with a 14 sq. Bridge to high-end hotels. Maintain Individually curated hotels capturing mt. room but competing with much efficien
Slide 36: Upper Upscale & Upscale
www.samhi.co.in Upper Upscale & Upscale Operating 5 Hotels +5 under development 1,086 Rooms (+930 under development/ rebranding) WESTIN ₹1,152mn Revenue HOTELS & RESORTS Development (Q1FY26) TRIBUTE PORTFOLIO Under Bengaluru TRIBUTE W PORTFOLIO HOTELS Pune Jaipur Hyderabad Page 35
Slide 37: Upper Mid-scale Hotels
www.samhi.co.in Upper Mid-scale 15 Hotels 2,189 Rooms (+86 under development and inc. 473 under rebranding) ₹1,167mn Revenue (Q1FY26) Page 36
Slide 38: Mid-scale Hotels
www.samhi.co.in Mid-scale 12 Hotels 1,673 Rooms (+56 under development) ₹415mn Revenue (Q1FY26) Page 37
Slide 39: Dominant share with leading operators
www.samhi.co.in Dominant share with leading operators Upcoming Brands W WESTIN TRIBUTE Marriott HOTELS HOTELS & RESORTS PORTFOLIO Our hotels operate under some of the most 1,801 66% well recognized global hotel brands Hyatt 471 This gives us access to loyalty programs, IHG 17% 415 distribution and h
Slide 40: Team that built the business
www.samhi.co.in Team that built the business 12+ yrs 13+ yrs 14+ yrs 8+ yrs In SAMHI In SAMHI In SAMHI In SAMHI Sanjay Jain Ashish Jakhanwala Rajat Mehra Senior Director, Corporate Affairs, Gyana Das Tanya Chakravarty Chairman, MD & CEO CFO Company Secretary and EVP & Head of Investments General Cou
Slide 41: Strong governance with highly experienced board members
www.samhi.co.in Strong governance with highly experienced board members Ashish Manav Thadani Ajish Abraham Michael David Aditya Jain Archana Capoor Krishan Dhawan Jakhanwala Non-Executive & Jacob Holland Independent Independent Independent Chairman, Non- Independent Non-Executive & Independent Direc
Slide 42: Historical Consolidated P&L Summary
www.samhi.co.in Historical Consolidated P&L Summary Total Income (₹mn) Consolidated EBITDA (₹mn) PAT (₹mn) 11,497 9,787 7,614 6,276 4,258 3,331 2,879 2,873 2,606 1,793 1,720 1,056 855 218 192 -597 (2,346) (2,999) (3,386) (4,433) (4,777) FY20 FY21 FY22 FY23 FY24 FY25 YTD FY26 FY20 FY21 FY22 FY23 FY24
Slide 43: Historical Consolidated Quarterly P&L Summary
www.samhi.co.in Historical Consolidated Quarterly P&L Summary Total Income (₹mn) Consolidated EBITDA (₹mn) PAT (₹mn) 3,236 2,987 2,899 2,873 2,733 2,705 2,568 2,232 1,924 1,263 1,132 1,056 962 972 904 890 540 473 459 228 192 113 126 42 (744) (835) (880) Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'2
Slide 44: Glossary
www.samhi.co.in Glossary # 2 1 Hotel Brand Hyatt RegencyTM Renaissance City Pune Ahmedabad Location Nagar Road SG Highway Operator Hyatt Marriott Segment Upper Upscale Upper Upscale Operating Rooms 301 155 Addition/ Renovation 22 - 3 Sheraton Hyderabad Gachibowli Marriott Upscale 284 42 4 Courtyard
Slide 45: Disclaimer
www.samhi.co.in Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by SAMHI Hotels Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe f
Slide 46: Thank You
Company SAMHI Hotels Ltd. CIN: L55101DL2010PLC211816 Thank Mr. Gyana Das Executive Vice President & Head of Investments compliance@samhi.co.in www.samhi.co.in Investor Relations Advisors Strategic Growth Advisors Pvt. Ltd. CIN: U74140MH2010PTC204285 Ms. Ami Parekh / Mr. Rahul Agarwal +91-8082466052