Any current/future new fundraising through debt or equity?

As of November 11, 2024, SAMHI Hotels Limited has no ongoing discussions or decided plans for raising new funds through debt or equity in the short term. The management emphasizes their professional approach and intent to recapitalize ahead of requirements but has not set a timeline or made any firm decisions regarding fundraising. Growth initiatives are mostly funded through internal accruals and cash, with capital recycling efforts underway to strengthen the balance sheet and reduce leverage. The company is open to recapitalization if needed, but currently prioritizes executing existin

Any current/future capex/capital investment/strategic investment?

Bangalore asset: - Rs. 70-80 crores over 12-18 months for rebranding of the existing 140-room hotel. - Rs. 270+ crores over ~3 years for adding 200-220 rooms. Hyderabad asset: - Total CAPEX of Rs. 180-190 crores planned for conversion of an office building into an upper-upscale hotel. - Capital to be spent over 18-24 months. Internal growth initiatives: - Conversion of two mid-scale ACIC hotels in Pune and Jaipur to upscale segment. - Room expansion in Hyatt Regency, Pune and Fairfield, Sriperumbudr. Capital recycling strategy: - Divesting non-strategic assets (e.g., in Bangalor

Future growth expectations in sales/revenue/volumes?

Sustainable total revenue growth expected in the high single-digits to early double-digits range. Same-store assets have shown strong RevPAR growth (~16.5% YoY) and 13% same-store revenue growth. Internal growth projects and new acquisitions aim to consistently beat market averages. Incremental rooms added through expansion will gradually increase inventory from 4,900 to about 5,600 rooms soon, and up to 5,640 when including new developments. The Hyderabad and Bangalore markets are expected to deliver double-digit revenue growth, supported by strong office space absorption and aviation growth.

Future growth expectations in earnings/operating earnings/profits/EPS?

SAMHI expects strong operating momentum over the next few quarters driven by same-store growth and internal growth projects (Page 17). Sustainable total revenue growth is targeted in the high single-digits to early double-digits range (Page 18). EBITDA growth is expected to be material, aided by internal growth levers, including upgrades and new hotels in Bangalore and Hyderabad (Page 5, 17). The company is confident of delivering double-digit revenue growth in secured markets like Hyderabad and Bangalore (Page 17). Continued margin expansion is anticipated, with reported consolidated EBITDA g

Samhi Hotels LtdQ2 FY25Leisure Services

Samhi Hotels Ltd Q2 FY25 Earnings Call Analysis

Revenue, margin, capex, fundraise and order book outlook from management commentary.

Price: ₹155.47P/E: 8.2Market Cap: ₹3.4K CrSector: Leisure Services

Management growth scorecard

Revenue

Category 3

Margin

Category 1

Fundraise

N/A

Order

N/A

Capex

Yes

2 of 3 growth signals are positive.

Full analysis

Revenue guidance

Category 3

Sustainable total revenue growth expected in the high single-digits to early double-digits range.
Same-store assets have shown strong RevPAR growth (~16.5% YoY) and 13% same-store revenue growth.
Internal growth projects and new acquisitions aim to consistently beat market averages.
Incremental rooms added through expansion will gradually increase inventory from 4,900 to about 5,600 rooms soon, and up to 5,640 when including new developments.
The Hyderabad and Bangalore markets are expected to deliver double-digit revenue growth, supported by strong office space absorption and aviation growth.
New hotels (e.g., Hyderabad opening FY'27, Bangalore rebranding in 18 months) expected to reach optimum occupancy within 12-15 months to 18 months.
Upper-upscale portfolio to grow from ~1,070 rooms to ~1,900 rooms over three years.
Ongoing capital recycling and operational improvements to support balanced growth without excessive leverage.

Margin guidance

Category 1

SAMHI expects strong operating momentum over the next few quarters driven by same-store growth and internal growth projects (Page 17).
Sustainable total revenue growth is targeted in the high single-digits to early double-digits range (Page 18).
EBITDA growth is expected to be material, aided by internal growth levers, including upgrades and new hotels in Bangalore and Hyderabad (Page 5, 17).
The company is confident of delivering double-digit revenue growth in secured markets like Hyderabad and Bangalore (Page 17).
Continued margin expansion is anticipated, with reported consolidated EBITDA growing 80% YoY in recent quarters and margins reaching 36%-39% (Page 6).
Seasonally stronger second-half (Q3, Q4) is expected to deliver material PAT expansion supported by higher EBITDA and stable costs (Page 6).
EPS growth trajectory should benefit from stable financing costs, controlled depreciation, and capital recycling efforts improving balance sheet strength (Page 17, 15).

See what Samhi Hotels Ltd management said on margin guidance — free account, 30 seconds.

Fundraise plans

As of November 11, 2024, SAMHI Hotels Limited has no ongoing discussions or decided plans for raising new funds through debt or equity in the short term.
The management emphasizes their professional approach and intent to recapitalize ahead of requirements but has not set a timeline or made any firm decisions regarding fundraising.
Growth initiatives are mostly funded through internal accruals and cash, with capital recycling efforts underway to strengthen the balance sheet and reduce leverage.
The company is open to recapitalization if needed, but currently prioritizes executing existing growth opportunities rather than new large acquisitions that would increase net debt.
Debt tenure is long (over 10 years) with comfortable leverage targets, and they expect to maintain or reduce net debt through capital recycling and internal cash generation rather than immediate fundraising.

Order book

The transcript of the SAMHI Hotels Limited Q2 FY25 earnings call does not explicitly mention any current or expected orderbook or pending orders. However, key points related to growth and projects are: - SAMHI has secured growth pipeline primarily through long-term variable leases, not large acquisitions. - Three upper-upscale and upscale hotels with about 525 rooms in Bangalore and Hyderabad are in different development stages. - Renovation and rebranding of a 142-room operating hotel in Bangalore is planned within 18 months. - Adjacent new block of 200-220 rooms expected in about 3 years. - Hyderabad hotel (170 rooms) scheduled to open in FY27 with a 12-15 month ramp-up. - Expansion includes addition of 165 rooms in Kolkata and Bangalore in Holiday Inn Express platform by year-end. - Focus is on executing existing growth projects rather than pursuing new large acquisitions in near term. - Capital recycling expected to strengthen balance sheet and reduce leverage alongside growth. No detailed orderbook or pending orders quantified.

See what Samhi Hotels Ltd management said on order book — free account, 30 seconds.

Capex plans

Yes

Bangalore asset:
- Rs. 70-80 crores over 12-18 months for rebranding of the existing 140-room hotel.
- Rs. 270+ crores over ~3 years for adding 200-220 rooms.
Hyderabad asset:
- Total CAPEX of Rs. 180-190 crores planned for conversion of an office building into an upper-upscale hotel.
- Capital to be spent over 18-24 months.
Internal growth initiatives:
- Conversion of two mid-scale ACIC hotels in Pune and Jaipur to upscale segment.
- Room expansion in Hyatt Regency, Pune and Fairfield, Sriperumbudr.
Capital recycling strategy:
- Divesting non-strategic assets (e.g., in Bangalore) to fund growth and reduce leverage.
Most growth capex funded through internal accruals and cash flows.
Variable long-term leases (e.g., Hyderabad) involve minimal upfront capital, supporting capital-efficient growth.

Track Samhi Hotels Ltd — get its next earnings analysis in your feed

How does Samhi Hotels Ltd rank vs peers in Leisure Services?

Pro feature

ThisSamhi Hotels Ltd

Rev 3Mar 1

See where Samhi Hotels Ltd sits in Leisure ServicesSee which companies these are, and every other name in the sector.Open rankings

How does Samhi Hotels Ltd rank in Leisure Services?

Compare Samhi Hotels Ltd against every Leisure Services company (Q2 FY25) on revenue, margins and earnings-call signals.

View Leisure Services leaderboard →

What Samhi Hotels Ltd's management said in earlier quarters

Others in Leisure Services this season

Restaurant Brands Asia Ltd (Q2 FY27)
Consolidated Revenue Q2 FY27: INR 8,448 Mn, up 20.1% YoY from INR 7,034 Mn in Q2 FY26 (Page 24) . Key investor presentation takeaways from Restaurant Brands Asi
Saj Hotels Ltd (Q2 FY27)
The provided document does not contain any explicit revenue, sales, or volume figures for the quarter or year-on-year changes. Key results statement takeaways f
Brigade Hotel Ventures Ltd (Q2 FY27)
Total Income for Q2 FY27 was ₹142 Cr, up 10% YoY. Key investor presentation takeaways from Brigade Hotel Ventures Ltd's Q2 FY27 investor presentation — and how
ITC Hotels (Q2 FY27)
Consolidated Revenue from Operations for Q2 FY27: ₹1,054 crore, up 26% YoY (Page 2) . Key investor presentation takeaways from ITC Hotels's Q2 FY27 investor pre

Compare:vs Indian Hotels Co Ltd vs Indian Railway Catering & Tourism Corporation Ltd vs ITC Hotels

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →