SAMHINSESamhi Hotels LimitedMediumNeutral
Announced Wed, 27 May · 16:40 IST

Samhi Hotels Limited has informed the Exchange about Transcript of the Q4 FY26 Earnings Conference Call with the Investors or Analysts held on Friday, 22nd May 2026 is enclosed for your information.

Mgmt Guided Margin ImprovementAnalyst Day Multiyear TargetsInvestor Communications View source PDF

SAMHI · price

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Price reaction · full curve 14 horizons · vs prior close
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₹164.00
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₹165.07
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AI summary

Samhi Hotels delivered strong FY26 results despite multiple headwinds including geopolitical conflicts and GST regulatory changes. Total income stood at INR 1,279 crores (12.3% growth), with PBT before exceptional items at INR 165 crores, up 89% YoY. Net debt reduced by INR 516 crores to INR 1,450 crores, translating to a net debt-to-EBITDA of 3x. The company generated approximately INR 300 crores of free cash flow after interest and lease payments. Management outlined a robust growth pipeline including W Hyderabad (FY27), Tribute Bangalore and Westin Bangalore (FY28-30), and a new Marriott hotel in Chennai, all largely funded through internal cash generation and capital recycling. The company also completed the acquisition of a 70% stake in RARE India (73 hotels, 1,000 rooms) for experiential leisure expansion.

Likely market impact

The company is well-positioned to compound free cash flow from FY27 onwards, targeting INR 3,000+ crores cumulative FCF over FY27-FY31. With leverage at 3x and a clear path to 2.5x, plus upcoming high-quality upscale hotel openings, Samhi appears to be transitioning from a deleveraging phase to a cash generation and shareholder return phase.