ICRA upgrades Samhi Hotels and subsidiaries’ credit ratings to A+ and A1

The latest update is out from Samhi Hotels Limited ( (IN:SAMHI) ).

Samhi Hotels Limited has announced that ICRA has upgraded the credit ratings for its own borrowings as well as those of key subsidiaries, reflecting improved creditworthiness and financial profile across the group. Long-term term loans for the parent and subsidiaries have been raised to [ICRA]A+ with a Stable outlook from [ICRA]A (Positive), while short-term facilities have been upgraded to [ICRA]A1 from [ICRA]A2+.

The rating upgrades, covering an aggregate of more than INR 760 crore in debt facilities across the group, are likely to enhance Samhi Hotels’ access to bank funding and potentially lower borrowing costs. The improved ratings also signal increased confidence from lenders in the company’s capital structure and cash flow visibility, which could support future expansion and strengthen its position in India’s competitive hotel market.

More about Samhi Hotels Limited

Samhi Hotels Limited operates in the hospitality sector, managing a portfolio of hotels through the parent company and subsidiaries including SAMHI Hotels (Gurgaon) Private Limited, Ascent Hotels Private Limited and Caspia Hotels Private Limited. The group relies on a mix of long-term term loans and short-term fund-based and non-fund-based facilities to finance and operate its hotel assets across India.

Average Trading Volume: 60,892

Technical Sentiment Signal: Sell

Current Market Cap: 28.33B INR

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