Samhi Hotels Limited (SAMHI) AI Stock Analysis

• Market Cap: ₹32.94B
• Dividend Yield: N/A
• Average Volume (3M): 38.36K
• Price to Earnings (P/E): 25.5
• Beta (1Y): 0.95
• Revenue Growth: 11.04%
• EPS Growth: N/A
• Country: IN
• Employees: 3,238
• Sector: Real Estate
• Sector Strength: 53
• Industry: Travel Lodging
• EPS (TTM): 2.20
• Shares Outstanding: 221,206,160
• 10 Day Avg. Volume: 28,084
• 30 Day Avg. Volume: 38,364
• PEG Ratio: -0.30
• Price to Book (P/B): 2.86
• Price to Sales (P/S): 2.89
• P/FCF Ratio: 233.73
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 7.62
• Revenue Forecast (FY): ₹12.71B

• Rating: 57 Neutral
• Price Target: ₹154.00 ▼(-16.89% Downside)
• Action: Reiterated Date: 11/15/25
• Date: Action: Reiterated 11/15/25

Samhi Hotels Limited's overall stock score is driven primarily by its financial performance, which shows significant recovery and improvement. However, technical analysis indicates bearish momentum, and valuation metrics suggest moderate attractiveness. The absence of earnings call data and corporate events limits additional insights.

Positive Factors

Revenue and Margin Recovery

Material revenue growth with strong gross and positive net margins indicates the company has transitioned from loss-making to operational profitability. Durable margins and revenue expansion support sustainable operating cash generation, reinvestment in assets, and improved ability to service obligations over the next 2–6 months.

Improved Capital Structure

A meaningful reduction in leverage and a positive equity base strengthen solvency and financial flexibility. Improved equity ratio and ROE enhance the firm’s ability to access credit, withstand downturns, and pursue selective portfolio optimization or asset enhancements without immediate dilutive capital raises.

Brand Partnership Operating Model

Owning assets while leveraging established brand/franchise and operator networks provides stable demand channels, loyalty program access, and centralized distribution. This structural model supports RevPAR stability, reduces marketing burden at property level, and preserves asset value over time.

Negative Factors

High Leverage Remains

Elevated absolute debt magnifies exposure to interest-rate moves and cyclical revenue shocks in hospitality. Even with improved ratios, high leverage constrains strategic flexibility, increases refinancing risk, and could force asset-level disposals or restricted capex if travel demand softens.

Severely Volatile Free Cash Flow

A near-100% drop in FCF year-over-year signals unstable cash conversion despite positive operating cash flows. Persistent FCF volatility undermines capacity to deleverage, fund capex or distributions, and raises the probability of external financing needs during off-seasons or demand slowdowns.

Historic Profitability Instability

Prior multi-year losses indicate earnings are cyclical and recovery may not be entrenched. The hotel business’s sensitivity to corporate and leisure travel means profitability can reverse in downturns; historical instability raises uncertainty about sustained margin delivery.

Samhi Hotels Limited Business Overview & Revenue Model

Company Description

SAMHI Hotels Limited, a hotel ownership and asset management platform, operates as a hotel development and investment company in India. The company offers a portfolio of hotels primarily in the National Capital Region, Bengaluru, Hyderabad, New Delhi, Chennai, and Pune under the Courtyard By Marriott, Fairfield By Marriott, Four Points By Sheraton, Holiday Inn Express, Hyatt Regency, Renaissance Hotel, Sheraton, Caspia, And Caspia Pro names. SAMHI Hotels Limited was incorporated in 2010 and is based in Gurugram, India.

How the Company Makes Money

Samhi Hotels Limited generates revenue primarily through hotel operations, including room rentals, food and beverage services, and ancillary services such as event hosting and business facilities. The company operates a mix of owned and leased properties, allowing it to capitalize on both direct ownership income and management fees from hotels operated on behalf of third-party owners. Key revenue streams include daily room rates from guests, corporate contracts, and franchising deals with established hotel brands. Partnerships with international hotel chains enhance brand recognition and attract a wider customer base, contributing significantly to revenue growth. Additionally, SAMHI benefits from economies of scale, which help reduce costs and improve profitability across its hotel portfolio.

Samhi Hotels Limited Financial Statement Overview

Summary

Samhi Hotels Limited has shown significant recovery in its financial statements. The income statement indicates strong revenue growth and a return to profitability, with robust EBIT and EBITDA margins. The balance sheet reflects an improved capital structure, though high debt levels remain a concern. Cash flow statements show healthy cash generation but highlight volatility in free cash flow growth.

Income Statement

Samhi Hotels Limited has shown a strong improvement in its income statement over the years. The revenue has grown significantly, with a notable revenue growth rate of 18.03% from 2024 to 2025. The gross profit margin for 2025 stands at 66.31%, indicating efficient cost management. Additionally, the net profit margin has turned positive at 7.57% in 2025 after several years of negative profits, showcasing a recovery in profitability. The EBIT and EBITDA margins are also robust at 25.60% and 35.95% respectively, highlighting operational efficiency. However, the company faced a challenging period with consistent net losses in prior years, which suggests a recovery phase rather than steady long-term profitability.

Balance Sheet

The balance sheet of Samhi Hotels Limited reflects a mix of strengths and areas for improvement. The debt-to-equity ratio has improved significantly, decreasing to 1.97 in 2025 as equity turned positive. The return on equity (ROE) is at 7.49% for 2025, indicating a satisfactory return for shareholders. The equity ratio improved to 31.14% in 2025, suggesting a better capital structure. However, high levels of debt remain a concern, which could pose risks if not managed effectively. The company has made strides in improving its financial position, but high leverage remains a potential risk.

Cash Flow

Samhi Hotels Limited's cash flow statements reveal a positive trajectory in cash generation. The free cash flow growth rate from 2024 to 2025 is negative at -94.09%, as free cash flow decreased significantly. The operating cash flow to net income ratio stands at 1.77 for 2025, indicating healthy cash generation relative to reported profits. Despite improvements in cash flow efficiency, the volatility in free cash flow growth suggests potential challenges in maintaining consistent cash generation. The company needs to focus on stabilizing free cash flow for sustainable growth.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	11.52B	11.30B	9.57B	7.39B	3.23B	1.70B
Gross Profit	8.53B	7.50B	4.02B	5.60B	1.80B	548.98M
EBITDA	4.23B	4.06B	1.97B	2.80B	-101.54M	-654.16M
Net Income	985.46M	855.00M	-2.35B	-3.39B	-4.43B	-4.78B
Balance Sheet
Total Assets	0.00	36.67B	34.45B	34.96B	23.87B	24.88B
Cash, Cash Equivalents and Short-Term Investments	743.30M	746.92M	1.47B	1.72B	1.58B	1.45B
Total Debt	0.00	22.46B	21.23B	30.47B	26.46B	24.44B
Total Liabilities	-11.42B	25.25B	24.07B	34.41B	30.25B	26.83B
Stockholders Equity	11.42B	11.42B	10.39B	547.32M	-6.39B	-1.95B
Cash Flow
Free Cash Flow	0.00	139.91M	2.37B	2.10B	259.22M	209.85M
Operating Cash Flow	0.00	1.51B	2.75B	2.17B	263.10M	216.53M
Investing Cash Flow	0.00	-2.68B	-569.48M	683.93M	-25.36M	422.89M
Financing Cash Flow	0.00	310.97M	-2.12B	-3.19B	-174.44M	64.65M

Samhi Hotels Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 185.30
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SAMHI, the sentiment is Negative. The current price of 185.3 is above the 20-day moving average (MA) of 163.17, above the 50-day MA of 173.91, and below the 200-day MA of 198.18, indicating a bearish trend. The MACD of -5.52 indicates Positive momentum. The RSI at 27.07 is Positive, neither overbought nor oversold. The STOCH value of 12.02 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:SAMHI.

Samhi Hotels Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OBEROIRLTY	68 Neutral	₹536.19B	24.40	―	0.48%	2.76%	-3.84%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
PHOENIXLTD	64 Neutral	₹573.57B	60.08	―	0.14%	-1.32%	-4.67%
GODREJPROP	59 Neutral	₹502.29B	77.34	―	―	37.14%	3.92%
SAMHI	57 Neutral	₹32.94B	25.53	―	―	11.04%	―
CHALET	57 Neutral	₹167.92B	38.37	―	―	70.56%	579.58%
PRESTIGE	54 Neutral	₹574.25B	77.12	―	0.11%	-2.28%	5.18%

Samhi Hotels Limited Corporate Events

Samhi Hotels Details Strategic Move to Acquire Majority Stake in RARE India

Samhi Hotels Limited has disclosed that it held a business update call on 6 March 2026 to discuss its strategic investment to acquire a majority stake in RARE India, an established leisure platform. The company plans to scale RARE India into a consumer-facing leisure brand in affiliation with Marriott, signaling an expansion of its presence in the leisure hospitality segment and a deeper alignment with a major global hotel chain, which could strengthen its market positioning and brand portfolio.

The audio recording of the call has been made available through the company’s website, in line with regulatory disclosure requirements under SEBI’s listing regulations. By publicly sharing details of the transaction and its strategy, Samhi aims to provide greater transparency to investors and stakeholders regarding its growth plans and the expected contribution of the RARE India platform to its future operations.

Samhi Hotels to Acquire 70% Stake in Luxury Hotel Aggregator RARE India

Samhi Hotels Limited has approved an investment to acquire a 70% partnership interest and corresponding profit share in RARE India, a New Delhi-based partnership firm that operates as an aggregator and representative platform for over 60 conscious luxury and conscious-living hotels and retreats across India. The transaction, valued at INR 473.9 million and structured as a mix of primary capital infusion and purchase of existing partnership interests in two tranches, aligns with Samhi’s acquisition- and turnaround-led strategy and is expected to deepen its reach into the luxury and experiential travel segment while enabling potential collaboration with Marriott International’s global distribution system, enhancing distribution and marketing capabilities for both Samhi and the RARE India portfolio hotels.

Samhi Hotels to Acquire 70% Stake in Luxury Hotel Aggregator RARE India

Samhi Hotels’ board has approved investing INR 473.9 million to acquire a 70% partnership interest in RARE India, a New Delhi-based partnership firm that aggregates and promotes more than 60 conscious luxury, ‘conscious-living’ hotels and retreats, including palaces, forts and lodges. The transaction, to be executed in two tranches via primary capital infusion and purchase of existing partnership interests, aligns with Samhi’s acquisition- and turnaround-led growth strategy and is expected to deepen its presence in the premium experiential travel space, with the company also cleared to engage Marriott International on a potential affiliation between RARE India’s platform and Marriott’s global distribution system.

The acquisition targets a niche hospitality segment that designs themed travel programs around wildlife, culture, art, spirituality, cuisine and sustainability, while supporting member hotels with marketing, social media outreach, PR plans and tour-operator partnerships in India and overseas. By backing RARE India’s platform model, Samhi aims to leverage curated distribution, brand visibility and access to high-end travelers, potentially strengthening its competitive positioning in luxury and experiential hospitality and offering new avenues of growth for both the company and its partner hotels.

Samhi Hotels Enters Experiential Leisure With Majority Stake in RARE India

Samhi Hotels has approved the acquisition of a 70% majority stake in RARE India, one of India’s earliest and largest platforms for curated heritage hotels, retreats and experiential stays, marking its first asset-light, experiential leisure investment. The deal, expected to close with definitive agreements by May 2026, will extend Samhi’s portfolio to about 100 hotels through a mix of ownership and affiliation, while RARE continues to operate independently under its founder and team.

In tandem, Samhi and RARE have signed an MoU for an affiliation with Marriott International that would see RARE’s portfolio operate under the Outdoor Collection brand by Marriott Bonvoy across India, Nepal, Bhutan and Sri Lanka, leveraging Marriott’s global distribution and loyalty network. Samhi plans to invest about INR 470 million, primarily to strengthen RARE’s management, technology, distribution and brand reach, positioning both partners to scale in the high-growth experiential and responsible tourism niche while preserving RARE’s curated, community-driven model.

Samhi Hotels to Host Investor and Analyst Meetings in Bengaluru on March 6

Samhi Hotels Limited has notified stock exchanges that its officials will meet investors and analysts in an in-person session in Bengaluru on 6 March 2026 from 10:00 a.m. IST onward. The interaction, organized as one-on-one and group meetings, is intended to facilitate engagement with institutional investors and market participants.

The company stated that discussions during the Bengaluru meetings will be limited to information already in the public domain, and no unpublished price-sensitive information will be shared. The announcement, made under SEBI’s listing disclosure rules, underscores Samhi’s ongoing efforts to maintain regulatory compliance while strengthening transparency and communication with the investment community.

Samhi Hotels Shares Investor Presentation for February 2026 Conference

Samhi Hotels Limited has released a new corporate investor presentation ahead of its participation in an investors conference scheduled for February 25, 2026 in Mumbai, organized by Kotak Securities. The presentation, which has also been uploaded to the company’s website, is intended to brief market participants on the company’s business and performance, underscoring its ongoing efforts to engage investors and maintain visibility in the capital markets.

The disclosure signals Samhi Hotels’ continued emphasis on structured investor communication as it positions itself within the hospitality sector. Regular participation in such conferences can help the company strengthen relationships with analysts and investors, potentially supporting liquidity in its shares and enhancing its profile among market stakeholders.

Samhi Hotels Wins KIADB Nod to Expand Whitefield Hotel Complex to 377 Rooms

Samhi Hotels Limited has announced that its wholly owned subsidiary, Innmar Tourism and Hotels Private Limited, has received layout plan sanction from the Karnataka Industrial Area Development Board for a proposed industrial building in Whitefield, Bangalore. The project will add a second hotel of approximately 235 rooms to the existing 142-room property under the upper-upscale and upscale segments, creating a 377-room complex that deepens Samhi’s footprint in a key Bengaluru micro-market and potentially enhances its scale and competitiveness in the city’s business-focused hospitality corridor.

Samhi Hotels Expands Marriott Partnership With Two New Navi Mumbai Properties

Samhi Hotels Limited, through its wholly owned subsidiary Duet India Hotels (Navi Mumbai) Private Limited, has signed operating agreements with Marriott Hotels India and its affiliates for two hotel assets in Navi Mumbai, Thane, Maharashtra. The properties are planned as a roughly 350-room upper-upscale hotel under the Westin brand and a roughly 350-room upper mid-scale hotel under the Fairfield by Marriott banner.

The new agreements deepen Samhi’s strategic partnership with Marriott and extend the company’s presence in the important Navi Mumbai–Thane hospitality corridor. By adding both an upper-upscale and an upper mid-scale offering, Samhi is broadening its branded portfolio, which is likely to enhance its positioning with corporate travelers and tourism flows in the region and may support improved asset utilization and long-term growth.

Samhi Hotels Publishes Q3 FY26 Unaudited Results in Leading Dailies

Samhi Hotels Limited has published its unaudited financial results for the quarter and nine months ended 31 December 2025 in the Hindi daily Jansatta and the English daily Financial Express, in compliance with disclosure requirements under Regulation 47 of SEBI’s Listing Obligations and Disclosure Requirements Regulations. The move underscores the company’s adherence to listing norms and ensures wider public access to its latest financial performance, providing transparency for shareholders and other market participants ahead of further analysis of its operating and financial trends.

Samhi Hotels to Shift Registered and Corporate Offices to Delhi Aerocity Hub

Samhi Hotels Limited has approved the relocation of its registered office within Delhi, moving from its current Shalimar Bagh address to a new premises on the 5th floor, Unit No. Office-11, Worldmark 4, in the Gateway District of Delhi Aerocity, effective 2 February 2026. The company’s corporate office will also shift to the same Aerocity location on the same date, signaling a consolidation of its key administrative functions in a prominent business hub near Indira Gandhi International Airport, which may support operational efficiency and closer alignment with its hospitality-focused portfolio.

Samhi Hotels Schedules Earnings Call to Discuss Q3 FY26 Results

Samhi Hotels Limited has announced that it will host an earnings call with investors and analysts on 29 January 2026 to discuss its unaudited financial results for the third quarter and nine months ended 31 December 2025. Senior members of the management team, including the chairman and CEO, head of investments, and chief financial officer, will participate in the call, underscoring the company’s efforts to maintain transparent communication with the market and provide stakeholders with insight into its recent financial performance and strategic direction.

Samhi Hotels Sets Up Wholly Owned Subsidiary SAMHI Skyline to Drive Hospitality Expansion

Samhi Hotels Limited has incorporated a new wholly owned subsidiary, SAMHI Skyline Private Limited, following receipt of its certificate of incorporation from the Ministry of Corporate Affairs on 16 January 2026. The subsidiary, established with an authorised share capital of INR 10 lakh, is intended to carry on core hospitality activities such as purchasing, owning, leasing, promoting and operating hotels, resorts and related accommodation assets, reinforcing Samhi’s expansion plans within its main line of business and potentially providing a dedicated vehicle for future hotel and hospitality projects.

Samhi Hotels Files SEBI Compliance Certificate on Share Dematerialisation for Q4 2025

Samhi Hotels Limited has submitted a compliance certificate for the quarter ended 31 December 2025, confirming that all details of its securities dematerialised and rematerialised during the period have been duly provided to the stock exchanges where its shares are listed, in line with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The filing, supported by KFin Technologies Limited as registrar and share transfer agent, underscores the company’s adherence to regulatory requirements in handling its share capital, reinforcing transparency and governance standards for investors and market regulators.