NSE: SUBAHOTELS
SUBA HOTELS LIMITED
Operates hotels through four models: revenue share and lease arrangements, owned properties, franchise agreements and management contracts. In the quarter ended 30 September 2025, Revenue Share and Lease contributed 54.7% of segment revenue (₹19.42 crore), Owned hotels 32.1% (₹11.41 crore), Franchise 6.8% (₹2.40 crore) and Managed properties 6.4% (₹2.28 crore). FY26 revenue totalled ₹114.35 crore. The largest cost lines were other operating expenses at 48.8% of revenue and employee costs at 20.7%, with materials at 8.4%. Capex was 11.9% of revenue. Each of the four segments reported an EBIT margin of 10.9% in the quarter. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Revenue Share and Lease (55%), Owned (32%), Franchise (7%), Managed (6%). Asset-mixed hotel operator combining owned, leased, franchised and managed properties
Exhibit 1: Financial summary, FY26–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY26 |
|---|---|
| Revenue | 114 |
| EBITDA (ex other income) | — |
| margin % | — |
| Owners' profit | — |
| EPS, as reported (₹) | 8.70 |
| ROE % · ROCE % | — · 15.0 |
| Debt / equity (x) | — |
| Cash from operations | (57) |
| Capex | (14) |
Exhibit 2: Quarterly performance, last 2 quarters
| ₹ crore | Q2 FY26 | Q4 FY26 |
|---|---|---|
| Revenue | 44 | 71 |
| Profit before tax | 6 | 16 |
| Net profit | 5 | — |
| EPS (₹) | 3.00 | 5.33 |
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Owned | 11 | 25.9 |
| Managed | 2 | 5.2 |
| Revenue Share and Lease | 28 | 63.4 |
| Franchise | 2 | 5.5 |
| Total, before eliminations | 44 | 100.0 |
Exhibit 4: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 26 Oct 2026 · Board approves shareholder hotel stay discount scheme | business updates | low | — | — |
| 26 Oct 2026 · Suba Hotels signs management term sheet for Click Hotel BKC | strategic transactions | medium | — | — |
| 15 Oct 2026 · Corporate Governance Report not applicable for Sep 2026 quarter | compliance | minimal | — | — |
| 13 Oct 2026 · Quarterly shareholding certificate filed with NSE for Sep 2026 | compliance | minimal | — | — |
| 13 Oct 2026 · Suba Hotels opens Quality Inn Serenity in Lucknow with 36 rooms | business updates | medium | — | — |
| 1 Oct 2026 · Suba Hotels AGM 2026: All four resolutions passed with 100% approval | board shareholder meetings | low | — | — |
| 30 Sept 2026 · Suba Hotels updates on Arihant Bharat Connect Conference 2026 | investor communications | low | — | — |
| 30 Sept 2026 · Suba Hotels 29th AGM: revenue up 44%, EBITDA up 15%, 105 hotels operational | board shareholder meetings | low | — | — |
| 28 Sept 2026 · Trading Window closed from Oct 1 ahead of H1 results | compliance | minimal | — | — |
| 28 Sept 2026 · Suba Hotels to participate in Bharat Connect Conference on Sept 30 | board shareholder meetings | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.