SAMHI

Samhi Hotels share price & financials

Price
₹165.1
Market cap
₹3.7k Cr
Sector
Consumer Services
Calls analysed
7
Latest concall · Q1 FY27 · call held 10 Aug 2026

Samhi Hotels Limited Q1 FY27

PBT ₹32.7 cr +26%Total Income ₹308.3 cr +7%Net Debt ₹1,490 cr

What went well

  • Comparable revenue growth was 10.8% in Q1 FY27, driven by 9.1% same-store growth and new openings.
  • Same-store RevPAR grew 9.6% YoY to approximately ₹5,220, with portfolio occupancy at 79.3%, up from 74.2% YoY.
  • PBT for the quarter increased by 26.4% YoY to ₹32.7 crores.

What to watch

  • Reported EBITDA was lower by 4% YoY due to a one-time other income in Q1 FY26 and a ₹9.2 crores impact from the GST regime change in Q1 FY27.
  • F&B revenue growth slowed to 3.5%-4% due to international travel disruptions, renovation, and event cancellations.
Read the full call →

What Samhi Hotels Limited does

SAMHI Hotels owns and manages a portfolio of hotels across India's key business cities, typically acquiring and repositioning existing properties before affiliating them with global hospitality brands. It earns by owning the underlying hotel real estate while global operators such as Marriott, IHG and Hyatt run rooms, food & beverage and banquet/MICE operations under franchise and management agreements. The company also holds a majority stake in RARE India, an asset-light platform of heritage, wildlife and boutique leisure resorts distributed through a partnership with Marriott. Its owned hotels span the upper-upscale to mid-scale price tiers, concentrated in high-density Indian commercial and gateway cities.

Segments

  • Upper Upscale & Upscale
  • Upper Mid-scale
  • Mid-scale
  • Experiential Leisure (RARE India)
Hotels in portfolio
38
Total rooms (keys)
6,500+
Cities
14
Hotel brands operated
12
Market position
Largest multi-branded hotel owner by room inventory in India; among the largest owners of Marriott- and IHG-branded hotels, and the largest owner of Fairfield by Marriott hotels in India
RARE India leisure platform
70% stake — 73 resorts / 1,015 rooms across heritage palaces, wildlife lodges and boutique retreats
Founded 2010Headquarters New Delhi, India Company website

Guidance record · Q1 FY27

what the last two calls moved 30 tracked 8 delivered 4 missed 18 open
  • Net Debt to EBITDA delivered said Q3 FY25 Promised: 4.5x by end of FY25 Q1 FY27: Target period was FY25. Status remains achieved.
  • Sheraton Hyderabad New Rooms missed said Q3 FY25 Promised: 54 rooms by FY26 Q1 FY27: Target period was FY26. Status remains missed.
  • FY27 Interest Cost Outgo at risk said Q4 FY26 Promised: INR 135-140 crores Q1 FY27: Q1 finance cost was INR 37.7 crores, which annualizes to INR 150.8 crores, tracking above the guided range.

All 30 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 12.1%, net profit up 31.6% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue262 292 319 272 293 +12%338 +16%345 +8%305 +12%
EBITDA92 110 122 90 107 +16%122 +11%112 −8%98 +9%
Net profit13 23 46 19 100 +669%48 +109%399 +767%25 +32%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −27.6% 1Y

₹140₹160₹180₹200₹220Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Q2 FY26 — 29 Oct 2025Q3 FY26 — 29 Jan 2026Q4 FY26 — 22 May 2026Q1 FY27 — 10 Aug 2026

1Y: ₹216.86 on 10 Sept 2025 → ₹157.07. High ₹216.86 (10 Sept 2025), low ₹128.15 (30 Mar 2026).

How the price took the results

close before → close after

Q1 FY27
−2.8%
10 Aug
Q4 FY26
+2.3%
22 May
Q3 FY26
−4.2%
29 Jan
Q2 FY26
−2.5%
29 Oct

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Financials, as filed

Revenue grew 19.1% a year over 3 years, FY23 to FY26. Operating margin widened to 34.5%.

Year endingFY23FY24FY25FY26
Revenue₹739 Cr₹957 Cr₹1.1k Cr₹1.2k Cr
Operating profit₹238 Cr₹266 Cr₹406 Cr₹431 Cr
Operating margin32.2%27.8%36.2%34.5%
Interest₹523 Cr₹346 Cr₹225 Cr₹171 Cr
Depreciation₹96 Cr₹114 Cr₹117 Cr₹127 Cr
Net profit₹-339 Cr₹-234 Cr₹86 Cr₹566 Cr
Net margin-45.9%-24.5%7.7%45.4%
Cash from operations₹217 Cr₹275 Cr₹357 Cr₹407 Cr
Free cash flow₹304 Cr₹237 Cr₹220 Cr₹71 Cr
ROCE8.0%7.0%9.0%9.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹8 Cr₹8 Cr₹9 Cr₹22 Cr₹22 Cr₹22 Cr
Reserves₹-219 Cr₹-663 Cr₹-816 Cr₹1.0k Cr₹1.8k Cr₹2.2k Cr
Borrowings₹2.4k Cr₹2.6k Cr₹2.7k Cr₹2.1k Cr₹1.7k Cr₹1.9k Cr
Other liabilities₹298 Cr₹435 Cr₹327 Cr₹284 Cr₹332 Cr₹324 Cr
Total liabilities₹2.5k Cr₹2.4k Cr₹2.3k Cr₹3.4k Cr₹3.8k Cr₹4.4k Cr
Fixed assets₹2.2k Cr₹2.0k Cr₹1.9k Cr₹3.0k Cr₹3.3k Cr₹3.5k Cr
Capital work in progress₹18 Cr₹20 Cr₹20 Cr₹32 Cr₹78 Cr₹139 Cr
Investments₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹77 Cr₹0 Cr
Other assets₹278 Cr₹325 Cr₹327 Cr₹462 Cr₹417 Cr₹746 Cr
Total assets₹2.5k Cr₹2.4k Cr₹2.3k Cr₹3.4k Cr₹3.8k Cr₹4.4k Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, FIIs trimmed −2.85 pp while DIIs added +2.29 pp. The shareholder count shrank 10% to 83,908.

FIIs
44.6%
DIIs
17.4%
Public
38.0%

Since Jun 2025

  • FIIs −2.85 pp
  • DIIs +2.29 pp
  • Public +0.54 pp

How it drifted, 12 quarters

Over this window the public went from 12.9% to 38.0% — +25.1 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: FIIs 64.6%, DIIs 22.4%, Public 12.9%.Dec '23: FIIs 64.4%, DIIs 21.4%, Public 14.2%.Mar '24: FIIs 69.5%, DIIs 16.6%, Public 13.9%.Jun '24: FIIs 63.4%, DIIs 17.8%, Public 18.8%.Sep '24: FIIs 58.4%, DIIs 19.7%, Public 21.9%.Dec '24: FIIs 54.8%, DIIs 18.6%, Public 26.7%.Mar '25: FIIs 51.9%, DIIs 14.0%, Public 34.1%.Jun '25: FIIs 47.5%, DIIs 15.1%, Public 37.5%.Sep '25: FIIs 45.9%, DIIs 16.5%, Public 37.7%.Dec '25: FIIs 44.1%, DIIs 18.1%, Public 37.8%.Mar '26: FIIs 44.3%, DIIs 16.4%, Public 39.3%.Jun '26: FIIs 44.6%, DIIs 17.4%, Public 38.0%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 1 holder trimming and 0 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Samhi Hotels Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Acic Mauritius 1 FPI fund14.92%unchanged
Government Of Singapore - E Sovereign7.26%unchanged
Tata Mutual Fund- Tata Small Cap Fund Mutual fund5.36%unchanged
Aditya Birla Sun Life Trustee Private Limited A/C Mutual fund3.58%+0.16 pp
Steinberg India Emerging Opportunities Fund Limited FPI fund3.51%unchanged
Abu Dhabi Investment Authority - Monsoon Sovereign2.58%unchanged
Flc Investco, Llc FPI fund2.29%unchanged
SBI Infrastructure Fund Mutual fund2.25%unchanged
Persistence Capital Fund I VC / PE2.05%+0.58 pp
Acic Mauritius 2 FPI fund1.94%unchanged
Ashish Jakhanwala 1.23%unchanged
Ajay Kumar Aggarwal - 2 1.19%+0.09 pp

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Mutual funds in SAMHI

Filings to Aug 2026

0 new, 0 added, 0 trimmed, 0 sold out — net +0.00 L shares (+0.0%).

Held by funds
₹78 Cr
1 schemes
Biggest holder
SBI Infrastructure Fund
₹78 Cr · 1.6% of that fund
SchemeHoldingLast month
SBI Infrastructure Fund SBI Mutual Fund₹78 Crheld

HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.

Mutual funds Aug 2026

0 added, 0 trimmed — net 0 shares (+0.0%)

Funds are sitting on
-7%
vs est. average cost
Held by funds
₹78 Cr
1 schemes · ≈ 2.3% of the company

Shares held by these funds −66%

Sep '23 50.00 L shares Jul '26

All earnings calls (7)

Read the Q1 FY27 call →

Learn to analyse Samhi Hotels Limited

Guides on how to read this kind of business and the numbers that matter.