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Result PDFQ1FY25 Quarterly Result Announced for Samhi Hotels Ltd.
Hotels company Samhi Hotels announced Q1FY25 results:
- RevPAR at Rs 4,276 up 13.0% on a YoY basis demonstrate strong business demand across key markets
- Asset Income and Asset EBITDA grew YoY by 31.2% and 31.7% respectively. Same store growth & positive impact of ACIC acquisition led to strong growth in income and EBITDA
- Consolidated EBITDA (pre-ESOP & one-time expenses) at Rs 934 million, up 43.7% YoY. The significant growth underscores the strength and potential of the current portfolio.
- PAT at Rs 42 million
Commenting on the performance, Ashish Jakhanwala, Chairman & Managing Director, SAMHI Hotels Ltd. said, “We achieved total revenue of Rs 2,568 million and consolidated EBITDA! of Rs 934 million. During the quarter, RevPAR grew by 13.0% YoY, demonstrating that our core markets & demand drivers continue to grow strong.
The integration of ACIC is proceeding well and has resulted in ~520 bps margin improvement in Q1FY25 vis-G-vis HI1FY24 (pre-acquisition). We have also started rebranding of two of the ACIC hotels and this will help us materially increase its contribution to SAMHI.
We have good liquidity position and have strong free cash flows from operations in FY25, providing resources to fuel both internal and external growth opportunities.
With continued growth in our existing portfolio, the opening of new hotels, renovation, rebranding of ACIC assets, and a robust pipeline in key markets, our growth prospects remain strong in the coming quarters.”
