SAMHI Hotels posts FY26 income of Rs 1,279 cr, PAT jumps 5.6x; GIC takes 35% in 1,000-room platform

SAMHI Hotels reported FY26 revenue up 12.3% to Rs 1,279 cr and PAT up 5.6x to Rs 566.5 cr, with EBITDA up 8.8% to Rs 462.6 cr. GIC invested ~Rs 6,000 mn for a 35% stake in a 1,000-room platform. SAMHI added properties in Noida, Hyderabad, Chennai and Navi Mumbai, and acquired 70% in RARE India (73 hotels, 1,015 rooms).

— Source publishedFri, 22 May, 2026, 16:00 IST·First seen Fri, 22 May, 2026, 16:48 IST·Source ET Hospitality

What happened

Samhi Hotels · SAMHI Hotels reported FY26 income up 12.3% to Rs 1,279 cr and PAT up 5.6x to Rs 566.5 cr. GIC invested ~Rs 6,000 mn for 35% in a 1,000-room

Key facts

  • RevPAR Rs 6,041 Q4 +4.1% YoY
  • Q4 occupancy 75%
  • Q4 income Rs 353.5 cr +9.3%
  • Q4 EBITDA Rs 120.2 cr -6%
  • FY26 income Rs 1,279 cr +12.3%
  • FY26 EBITDA Rs 462.6 cr +8.8%
  • FY26 PAT Rs 566.5 cr 5.6x
  • GIC Rs 6,000 mn for 35% stake
  • Net Debt/EBITDA ~3.0x
  • RARE India 70% stake, 73 hotels, 1,015 rooms
  • Navi Mumbai ~700 rooms
  • Noida ~162 rooms
  • Hyderabad ~260 rooms

Why this matters

GIC's platform-level investment and SAMHI's 70% buyout of RARE India (73 hotels, 1,015 rooms) underscore that joint-venture and bolt-on M&A structures are the dominant route to scale in fragmented hotel markets.