Annual Report Update :- Samhi hotels limited
The company’s management is optimistic about both near-term and long-term growth, underpinned by favorable macroeconomic conditions and robust internal growth strategies. With anticipated improvements in EBITDA margins for same-store assets and the expectation that the ACIC portfolio margins will align with the overall portfolio by the fiscal year’s end, there is confidence in sustainable revenue and EBITDA growth. The company’s net debt stood at ₹1,860 crores as of June 30, 2024, with a cost of debt at 9.7%. Notably, ICRA has upgraded the company’s credit rating to A- stable, signaling an improved capital structure and stronger profitability metrics. There is also an expectation to further reduce the cost of debt below 9.5% through strategic refinancing of high-cost debt, which should support financial flexibility and enhance overall profitability.
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