Interim report
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SAMHI SIMART HOTEL INVESTMENTS — 28" January 2026 SAMHI Hotels Ltd. BSE Limited National Stock Exchange of India Corporate Relationship Department Limited Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza, C-1, Block G, Bandra Mumbai - 400 001, Maharashtra, India Kurla Complex, Bandra (East), Mumbai - 400 051, Maharashtra, India Scrip Code: 543984 Scrip Code: SAMHI Sub: Outcome of Board Meeting held on Wednesday, 28 January 2026 Dear Sir/ Madam, This is to inform you that the Board of Directors of SAMHI Hotels Limited (“the Company™) atits meeting held today, i.e. Wednesday, 28t January 2026 (which commenced at 04:00 p.m. (IST) and concluded at 05:40 p.m. (IST)) has, inter-alia, transacted the following business: 1. Approved the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and nine months ended 31 December 2025 (“UFRs/ Results™), pursuant to Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations. 2015, as amended from time to time (“SEBI LODR Regulations™). A copy of the Results along with the Limited Review Report of M/s. Walker Chandick & Co. LLP, Chartered Accountants (Firm Registration No.: 001076N/ N500013) (“Statutory Auditors™), on the above UFRs of the Company for the quarter and nine months ended 31% December 2025 are enclosed herewith. This information is also being uploaded on the website of the Company ie. https://www.samhi.co.in/ You are hereby requested to take the above information on your records. Thanking You. Yours faithfully, For SAMHI Hotels Limited Sanjay Jain Senior Director- Corporate Affairs, Company Secretary and Compliance Officer Correspondence: SAMHI Hotels Lt wiw.samhi coin
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Walker Chandiok & Co LLP Walker Chandiok & CoLLP 21% Floor, DLF Square Jacaranda Marg, DLF Phase Il Gurugram — 122 002 India T +91 124 4628099 F +91 124 4628001 Independent Auditor’s Review Report on Standalone Unaudited Quarterly Financial Results and Year to Date Financial Results of SAMHI Hotels Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) To the Board of Directors of SAMHI Hotels Limited 1. We have reviewed the accompanying statement of standalone unaudited financial results (‘the Statement’) of SAMHI Hotels Limited (‘the Company’) for the quarter ended 31 December 2025 and the year to date results for the period 1 April 2025 to 31 December 2025, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (‘Listing Regulations’). The Statement, which is the responsibility of the Company’s management and approved by the Company’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting (‘Ind AS 34’), prescribed under section 133 of the Companies Act, 2013 (‘the Act), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing specified under section 143(10) of the Act, and consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, prescribed under section 133 of the Act, and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. Chartered Accountants Walker Chandiok & Co LLP is registered with limited liability with identification number AAC- Offces in Bengaluru, Chandigarh, Chennai, Gunigram, Hyderabad, Koct, Kokata, Mumbai, New Delhi, Nokda and Pune. 2085 and ts registered office at L-41 Cannaught Circus, New Delhi, 110001, India
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Walker Chandiok & Co LLP Independent Auditor’s Review Report on Standalone Unaudited Quarterly Financial Results and Year to Date Results of SAMHI Hotels Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (cont’d) 5. The review of standalone unaudited quarterly and year-to-date financial results for the period ended 31 December 2024 and audit of standalone financial results for the year ended 31 March 2025 included in the Statement was carried out and reported by BSR & Co. LLP who has expressed unmodified conclusion vide their review report dated 29 January 2025 and unmodified opinion vide their audit report dated 29 May 2025, respectively, whose reports have been furnished to us and which have been relied upon by us for the purpose of our review of the Statement. Our conclusion is not modified in respect of this matter. For Walker Chandiok & Co LLP Chartered Accountants Firm Registration No: 001076N/N500013 ooy o) Neeraj Goel Partner Membership No. 099514 UDIN: 26099514FQNLBM8137 Place: Gurugram Date: 28 January 2026 Chartered Accountants
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Websito vy samhi.coin SAMHI Hotels Limited CIN_ LS5101DL2010PLC21 1816 Regstered Offce ; Caspia Hotels Delh, Disrit Centre Crossing, Opp. Galaxy Toyota Outer Ring Road, Haider Pur, Shalimar Bagh, Delhi-110088 Email : compliance@sami co n SAMHI Telephone 91 (124) 3310100] STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED 31 DECEMBER 2025 (IR in millon, except per eqiy shars dta) Quarter ended Nine months ended Year ended 5N Partculars 31 December 2075 | 30 September 2035 | 31 December 2031 | 31 Deccmber 2025 |31 December 207 | 31 March 2025 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) (Continuing operations 1 income Revenus from operations (Refer note 1) 35785 3114 35879 104653 1066.52 145781 (Other income 204 197 339 625 s200 406 Total income 35989 E5NT] o218 o278 L1856 TSI 2 [Expenses Costof materils consumed 1347 1368 119 4139 39,85 5321 [Employes benefis expense. 12823 121449 13588 36921 405,45 53988 Other expenses 1w 10439 10093 81708 3026 42006 25379 20256 24877 122768 Ty L0315 3 [Parnings before finance costs, depreciati ion, excepional e Frap s P P g items and tax (1-2) 4 [Finance costs ssia 97 8505 176,14 2202 52654 5 [Denreciarion and amortsation expense 2547 2549 200 7521 6171 8801 8051 7446 107.05 25138 307.60 1495 6 [Profiv(loss) before exceptions items and tax (3-&-5) FT) 360 636 2635 @ 577 7 |Exceptional items (net) (Refer note ) 96) 8931 185628 (s2.58) 18904 & [Profit from continuing operations before tax (6+7) 175 (¥} 636 143003 [X FiPT] 9 [Taxexpense Current 2 : L : . = B IDeferred tax - 5 2 5 = 10 [Profi from continuing operations for the periodiyear (8-9) 175 92540 636 143003 935 FET] Discontinued operations (Refer note 12) Loss from discontinuec operatons before tax - (2629) 6 (sa5) (9.22) @077) Tax expense of discontinued operstions - - - - - 11| Loss from discontimued operations for the period!year - 5] 58] a51) o) o) 12 [Profiu(loss) for the periodiyear (10+11) ) .11 5 L3585 39.57) 13 [Other comprehensive income tcms that ill not be veclassfied to pofi o loss - Re-measurement gain/ (foss) on defned benefit oblcations 037 o015 .02 n 09) (Lao) ~ Income tax relating o items mentioned sbove - - - - - Other comprehensive income, nt of tax 057 075 1.02) fXF] G.05) (140 14 |Total comprehensive income for the period/vear (12-+13) 750 59956 56 137660 IGXT] 20060 15 |Paid up equity share capital (Face value of INR 1 each, fully paid) 2121 2005 2121 2008 2121 16 [Other cauity as shown in the audited balance sheet 2833573 17 [Earmings per equity share from continuing operations (Face value of INR 1 each): (it anmualised for quarers and nine months period) [Basic (INR) 008 a1 003 6. 004 124 [Dilued (INR) 003 4 003 o) 004 123 15 [Earnings per equity share from discontinued aperations (Face value of INR 1 each): (ot annualised for quarters and ine months perod) [Basic (INR) - ©12) 00| (©029) ©18) (032) Diluted (INR) - ©i) ©02) ©024) ©18) ©32) 19 [Earnings per cquity share from continuing and discontinued operations (Face value of INR 1 cachi: ot anmualsed for quarters and nine mons period) Basic (NR) 008 406 ot 622] 15 092 Dilued (INR) 008 et ool 615 ©13) 001 See accompanying notes to the unoudied standlone financial resuts
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A O o TSsDL e SAMHI O e i — g O Golawy Tova Outer g Road, Haider P, Shamar agh, Dl 110085 [ Emai_conpiiance s wmh oo Tetune 491 (1241 91010 STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED 31 DECEMBER 2025 ot 0 the Statement of unsudied candalone fnancll et o th quater an ime months ended 31 December 2025 e ahovs unauditd stndalon el resuis of SAMEH Hotels L "he Company”) have bocn prepares i acordince with e sopition and s prinipes i down i ndian Accouming Stdord 14 e i Reperting” o AS 34, presribed uad Setion 133 of i Cormpmes Ac. 2013 s i Commpanies (i Accouning Sendards) R 01, s o e e, kb aceoutig i les gencraly secaped i (i i o with Regulation 33 ofhe Sccurosad e Board of i (Lising Obligations and Do Regrements) Reulothons, 2015, 8 mended Lo sl sors™, e ahove urad s il rea o [ i nd e ot e 31 Dianber 2025 wae eviewed ad rosommended by the Auit Comenie and apprnes b the s of Direcors a s Fspesive mectings hed ) 28 anuars 2026, T Sattoy Auctors of he Cmmpany ave et it R o s el reslsm crms of Rl ation 13 e L Rl st 3 The el o e s e months e 31 Docciber 2025 s vl o h o Sk vaangs b (UL, i i com) the Notionl Skck Exchinge bt (L o i) ncan the Compny'| wébste URL s sami 4 The Chie Opring Diison Maker (‘CODM') calutes b Company’s pecformance a an ol company kel 3 oo st . “devsloping and g of htls” Hencs, n fther discosures ae e 1 be amised n accondanc: il nd AS 108 - Oprating Segmenes 3 0n 09 March 2023 o Bosed of Divctors o the Compans approsdEmplasos” Stock Opion Plan 2023 ' (1he Pla st s cligile cnplosees o s sty hars i s Company. U h Pl 5477860 o were| ramid o il comployes. e optns provid thebolders o such visted aptios, theapporaiy o s cqury s (1 ity e Lt 1 opcn) i ho Compa 2 pr the erms nd conccns pciicd i the P Dot ] e ad ol cdd 31 Db 2025. Nl and No aptcnsrspecicly (Quarir caded 30 Sepember 2025 Nl Quirte e 11 Dicemiber 2024 - Mo, Nie et cnded 3| December 2024 46,111, Year ended 31 Mre| 2025 119,659 o) wor e and s Nil and Nil iy shresrspoctely (Quarter endd 30 Sptember 2025 N, Quart e 31 Devwanber 2021 N1l Ni o cned 31 Decrmber 2024 46,141 Year i) 31 March 2025 1,199,639 iy shars) ofINR | e wre s 5 Exceptonaltems includes: (NR i o) Quarter emied Nine monthscnied Vear nied Paricutar S December 2025 | 30 September 2025 | 31 01|31 Decomber 2025 | 31 December 3024 | 31 barch 2025 Cnaudited Unaudied) (Unaudied) (Unaudivod (Unaudied) (Audites) oo e o sk of vt (el e and 101 T 790 s Revcrsal o mpanent oo ment in bt ey i and 11 Taox Ta071 T [Provison for impoirment o mestment 1 b s a8 5 BEy i8] [Reversal o mpasment ovs prpery,plans and cqpment , 5 = = st (Gars o s of s undting st o 12 [ 5 Tiion e 3 Impat o New Labour Coes o ke 11 7561 s 5 0] = 5 [Total 796)] 31 IR ; 185628 E1.58)] 8904 7 During the yearcndod 31 March 2025, e Company has sod. s invstmen in iy saresand bt o Dt i Hetls (Chers OMR) Piat Limitd o 19 February 2025 The iflence hetwecn sk pric of INR 26.39 il (xcluing comsdratonsgaost gt of o rovided by the Company amoatigto (VR 506 68 milio) and caring val o sch vt of [NR 498 4 e as bt reccndsd a5 exceplonl e e sandatoe el results. Frther, etain expenssamounin o N .60l eltion o such sl o im0 becn e 1 xception s, 8 Insesorduace wil e guicment of I AS 16 {mpaimeot o Assts”. e Company hes oo an s s f s vesiwots s Consedt o .ch st ssesanen. the Company s ocondod an mpamen of INR 52 38 for the ine months cnd 1 Deerher 2024 s IR 5478 il for e e cndd 31 Marh 2023 aaint doemod st of ACIC Advisers P L. peserdadan g reersal ofINR 298 04 il an INEL 17005 o g st h ey sharcs of SAMI1 ot (rgacny o Lt and Asct el Prvace Ll rspecivel forthe car cnded 31 March| 05 O 14 Mav 2025, 6,126,354 otionally camveribl edecmabic debeunes (ORI ) s b Ascn Hosls Privats Limitd (Sbsidiary Comnpany) to Vs Fagrcers Limited e b comried i vt nmber ofequy shars Funberun 16 May 2025. s Company has cqied thse ity e reen Vs Engiecrs . imied 10" The Company v s soreholder g dted 20 M 2025 spproved prmer invstmcnt ad susripon o sy s by Reco llower Privte Limid.an o Pl Limiad Cavesor ) 1 hod 35% oftheequity shre vl on 3 -l Vi) of Asosa ikls P i, SAMHEJV Busines Hotls Privte Limiiod andTar Toursm ot Prvte L (arget Campares ). The comibed ceprae s o e Targt Comparies o b at INR 2200 00 mion. Cmseil e the quarer e 30 June 2025, e st hs s oy b war of primiry st trough privat lacementn Ascet ol Privte Lired and SAMII 1V s ol Privaie Limited s b s of sesndar esement hogh urchas o sarcs of SAMIL 1V Busines Hotls e Limied rom e Compns. Aceondinh th: Company s e gom of R & 14t INR 979107 i espot o ihe sorcead scordany e of st i he quarer endec 30 Sepember 2023 s ine o enced 31 Deserher 2025 reapatiel Revanie fom opcrations nchde i oo o subsidiaie f INR 13846 il INR 399 89 il sty o qai e o e 31 Db 2025 (Quarter ek 30 Sepiher 2025, (NR 128 94 il Quaner e 31 December 2024 INR 162.79 million, N oot cnded 3] Desenber 2024 INR 470.97 millin. Year ndod 51 March 2025 INR 645 27 o). 2 During e guancr cnded 30 Seprmbr 2125, the managemens of i Company his 50t ight, e and e i he i et “Cssi ot rom SAMIL Hotls Limied o 13 Augus 2025 The e between s price OFINR 39 87 il (st of xpermc amounti 0 INR 10,13 o) and et caryig vl of st and bt of INR 494 97 illion b b o5 cxceponal m e stancalon ol et e he s e 30| Ssptember 2025 Comequcl AR 1 e requirement o I AS 105 “Nor Carent Asscts ek or Sak ad Discontausd Opertions”, e resl o e s bsness undetaing e been disioned 2 i aperatons 1 13 Augst 2025 s comperaie normotion hs e epreenied acordingly it particalies o the disontimed opeeusions of e ak usinss deraking ae s fllows: 1N i Quariersnded Nine months saded Year onded Pariculars £ o 0 P Sz | s 2025 |51 Decomber 51|51 March 2035 (Unaudited) Wnsudited) (Unaudited I ) (Unaudied) (Audied [To o - T = S 0z g o) o e s, epeeiaion and amor o T e [ T @) B B Los bfore afor the perindncar - 639) G| [CEn) o) a0 [T evpense X Lo for the periodear 5 ) o) Ty 093 o) Duing i g ek 30 Sepember 2023 he Compeny e ot olding Jsschod and 0 Novi b afoed b the Mo st Desclopment Corporatn (MIDC), Pursian o s ermination e e o MIDC, (e Compan rcondd n xecptona ang s 05 of IR 740.27 o (nct) duriog e it ended 31 Doserbr 2023 Sty based o MIDC s eerconfiming sk o the declepment perd, e Compan o th everal o it s of INR 740,27 il et of el o demity anountof INR 100,00 o) cxeptional fem during he e cced ) Sehembr 2025 Dt qartsr, v 21 Noyeriber 2025 te Gt of i s consoldte mulipleoxisting abour st 1t e ek ompising four Lbose o - he o on Woges. 2019, thefndustril Relations Coce. 2020, the Code on Soctal S, 2020, and e Occopaioal S, et and Working Condicns Code, 2120, sl e o35 New Lahour Coes The crctmen offese cnien b e chingic 0 i oxnp i o cortan cploes bt The Commpiny s s the ampact o e changes i acsondance il nd AS 19w Heneis”and the gudanee s b he (st of Chariesd Accountats of s (ICA) T resuing adbonalcmplove beneits exerse] 0 INIR 756 milin, being mateil s o eeuing. s e precried e Teeptioal s e sandalons irancslrsults o th e and ine ot ok 3 Deseier 2025, The Compn commus 10 monior e otletions and ralos underthe e | sour Coden s will sesouns o ol mpoct s s bt 1he GUATT, o 16 Jumuars 2026, e Compun s mecnpruid a wholy ownd subsdirs, amel, SAMIIESkyin Privte it e ncrpersion dogs ok haveany mpie o he sandsfons il st of the Cormpars | e quaner and i ot cndd 31 December 2025 T — SAMHI Hotel Limited Pluos Gurugram Ashish Jakharmata Dot 28 Janay 2026 Chsrmam Vlanogung Director and CEO DIN 03304345
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Walker Chandiok & Co LLP Walker Chandiok & CoLLP 21% Floor, DLF Square Jacaranda Marg, DLF Phase Il Gurugram — 122 002 India T +91 124 4628099 F +91 124 4628001 Independent Auditor’s Review Report on Consolidated Unaudited Quarterly Financial Results and Year to Date Results of SAMHI Hotels Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) To the Board of Directors of SAMHI Hotels Limited 1. We have reviewed the accompanying statement of unaudited consolidated financial results (‘the Statement’) of SAMHI Hotels Limited (‘the Holding Company’) and its subsidiaries (the Holding Company and its subsidiaries together referred to as ‘the Group’), (refer Annexure 1 for the list of subsidiaries included in the Statement) for the quarter ended 31 December 2025 and the consolidated year to date results for the period 1 April 2025 to 31 December 2025 being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) ('Listing Regulations’). This Statement, which is the responsibility of the Holding Company’s management and approved by the Holding Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting (‘Ind AS 34’), prescribed under section 133 of the Companies Act, 2013 (‘the Act’), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing specified under section 143(10) of the Act, and consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 (8) of the Listing Regulations, to the extent applicable. Chartered Accountants Offces in Bengaluru, Chandigarh, Chennai, Gunigram, Hyderabad, Koct, Kokata, Mumbai, New Delhi, Noda and Pune. / Walker Chandiok & Co LLP is registered with limited liability with identification number AAC- 2085 and its registered office at L-41 Connaught Circus, New Delhi, 110001, India
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Walker Chandiok & Co LLP Independent Auditor’s Review Report on Consolidated Unaudited Quarterly Financial Results and Year to Date Results of SAMHI Hotels Li ited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (cont’d) 4. Based on our review conducted and procedures performed as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, prescribed under section 133 of the Act, and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the Listing Regulations, including the manner in which itis to be disclosed, or that it contains any material misstatement. The Statement includes the interim financial information of one subsidiary, which has not been reviewed by their auditors, whose interim financial information reflect total revenues of % Nil and % 0.03 million, net loss after tax of ¥ 0.20 million and ¥ 0.59 million, total comprehensive loss of ¥ 0.20 million and ¥ 0.59 million for the quarter and year-to-date period ended 31 December 2025 respectively, as considered in the Statement and has been furnished to us by the Holding Company’s management. Our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of the said subsidiary, is based solely on such unreviewed interim financial information. According to the information and explanations given to us by the management, this interim financial information are not material to the Group. Our conclusion is not modified in respect of this matter with respect to our reliance on the financial information certified by the Board of Directors. The review of unaudited consolidated quarterly and year-to-date financial results for the period ended 31 December 2024 and audit of consolidated financial results for the year ended 31 March 2025 included in the Statement was carried out and reported by BSR & Co. LLP who have expressed unmodified conclusion vide their review report dated 29 January 2025 and unmodified opinion vide their audit report dated 29 May 2025, respectively, whose reports have been furnished to us and which have been relied upon by us for the purpose of our review of the Statement. Our conclusion is not modified in respect of this matter. For Walker Chandiok & Co LLP Chartered Accountants Firm Registration No: 001076N/N500013 Necwy Neeraj Goel Partner Membership No. 099514 UDIN: 26099514UIZNTA7185 e Place: Gurugram Date: 28 January 2026 Chartered Accountants
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Walker Chandiok & Co LLP Independent Auditor’s Review Report on Consolidated Unaudited Quarterly Financial Results and Year to Date Results of SAMHI Hotels Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (cont’d) Annexure 1 List of entities included in the Statement Argon Hotels Private Limited Ascent hotels Private Limited Barque Hotels Private Limited Caspia Hotels Private Limited Paulmech Hospitality Private Limited SAMHI JV Business Hotels Private Limited SAMHI Hotels (Ahmedabad) Private Limited SAMHI Hotels (Gurgaon) Private Limited Duet India Hotels (Pune) Private Limited 10. Duet India Hotels (Hyderabad) Private Limited 11. Duet India Hotels (Ahmedabad) Private Limited 12. Duet India Hotels (Chennai) Private Limited 13. Duet India Hotels (Chennai OMR) Private Limited (till 19 February 2025) 14. Duet India Hotels (Jaipur) Private Limited 15. Duet India Hotels (Navi Mumbai) Private Limited 16. Innmar Tourism and Hotels Private Limited (from 4 October 2024) 17. SAMHI Hospitality Ventures Private Limited (formerly known as ACIC Advisory Private Limited) CINOOHON = Chartered Accountants
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— Py SAMHI Hotels Limited R e o sbimnaiei SAMHI Registered Office - Caspia Hotels Delhi, District Cenire Crossing. g . O T O g .k . S e 108 E——— prbppicesbivirs T 01 20 910 STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED 31 DECEMBER 202§ (INR i milio, excep per cquiy share dta SN Fartieulars Quarter ended Ninc months cnded Year ended 31 December 3035 |30 September 2035 _| 31 December 2024 | 31 December 2025 _| 31 Decomber 025 31 Macch 2075 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) TAudited) (Contnuing operations 1 {tncome Revenve fom operations 337731 20074 200094 902936 801744 2036 (Ot incorme 13 3361 2028 nsn 1345 50 [Total income. EXTTT 96335 FTE 225520 sL2 2 [Exvenses |Cost o matrils consumed 26492 mi L) 208 80804 |Emploves benelts expense 0798 W Lass1s 135202 178957 Other exocnsos 139335 Liises 361276 33300 S8 215625 Lashn 3173 Sim90 Ta32 3 Earings befre Bance o dprsinion and smoriion, xcpionl ems S T Tiins P A iain 4 |Finmce costs a7 270 9910 133588 168263 1mm 5 |Deoveciation and amordsaion exoensc 231 2613 2820 88510 $70.14 L1568 001 T, F5AT) a9 177 337965 & [Peofit before exceptional tems and tax (3-4-5) 611 TS ST [ETED i) F%n 7 [Exceptonaliems (net) (Refer note 9) ) waLes , 8036 . «19433) & [Profit from continuing aperations before tax (6+7) £ FEED E) 203254 e 9 [Taxexpense Curren tax : 5 2 3 : Deferod ax 21 19906 o) 0694 s 218 36, 621 199.06 361) 691 1531) 08.30) o v onerations fo the periodiscar (1) i) oz FXIa] 173600 556 92577 Discontinucd operations (Refer note 12) Los from discontinued perations befors tax - 2629) am) (5431 922 | Tax expense of iscontnued operations - . : : : : 11 |Lass from discontinued operations for the period!year )| am) @) @) T 12 [Profi for the periodiyear (10+11) FTE o755 735 TG E7ET 13 [Other comprehensi tems that will ot be reclasifed o ol or foxs - Re-measurcncnt loss on deined benfit ol sations. o) o ) @) (w99 (s.14) Income tax elting o ems menioned above. 2 g & 2 i |Other comorehensive income,net of ax s3] on) e 293) )| Gin) 14 [Total comprehensive income for the priodyear (12¢13) w0 0501 22656 166856 s [y 15 [Profit ributable Owrers of the Cormpars 39607 92132 785 Lo 39634 85500 Non-contzlloa introsts 531 363 i 17830 £ E Proiit for the period/sear IR 90795 755 7149 TR 500 16 |Other comprehensive income attributable Ouners of the Company ) 80| )| Qo) @9m) (514 Non-controling intrests (005) w0 . (029 - - |Other comorehensise income for the neriod/scar (03] yexm) 0 293) PTED) &0 17| Total comorehensive ncome attibatable (02 | Oviners o the Compan 520 o248 2636 L9031 135 936 Non-contoliag inirests 8520 74 6 17mis - g Total comprehensive income for the periodisear (15+16) TS 0591 5 L6856 ETES [T 15 [Puid o cavity share cavical (face value of INR 1 cach, flly i) ma ma 2008 2121 22008 2 19 [Other cquity as shown in the audited balance sheet w3 20 [Earnings per cquity share from continving aperations (Face value of INR 1 each): (ot annualsed for auartrs and nine mondhs period) Basic (INR) 213 1463 108 80| 198 a2 Dilud (INR) 25| 45y 104 7| 195 bt [Eaings per cquity share from discontinacd ope (Face valoe of INR 1 cach): ot anmualise or uartrs ad aine months niod) Basic (NR) - w©12) (o) ©29) w18) ©32) Diluicd (INR) & w12) (002) 024 W) ©32) ingsper equity share from continuing and discontinued operations (Face value of INR 1 cach): (not annualiset or quartes and nine monits pered) Basic (INR) 21y 451 Lo 756] Diluted (INR) 213 4.47] 102] 71, %0 384 7 384 S sccompanvins motes t the unaudited consoldsted innsial resuls
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Website . www samhi.co.in Email - compliance@samhi co in SAH o Limied AT o LisiolpL0iomLCo 816 SAMHI Registered Office - Caspia Hotels Delhi, District Centre Crossing, Opp Galaxy Toyots Outer Ring Road, Haider Pur, Shalimas Bagh, Delhi-1 10088 Telephone <91 (1244910100 STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED 31 DECEMBER 2025 [Notes to the Statement of unau consolidated financial results for the quarter and nine months ended 31 December 2025: “The above unaudited consoldated financal roslts of SAMH Hotels Limited (recinafer referrd to a5 “the Parat”, "the Holding Company” or ‘the Company') and i subsidiares (the Parent and is subsidiares fogether eferred 10 a5 “the Group") have been prepared in accordance with the recogition and measurement principles laid down in Indian Accounting Standrd 34 “Inerim Financial Reportng” (‘Ind AS 34"),prescribed under Section 133 of the Companies Act, 2013 read with Companies (Indian Accountin Standards) Rules, 2015, as amended from tine o ine, and other accounting prnciples generally accepted in Indis and in compliancel with Regalaion 33 of the Securites and Exchange Board of ndia (Lising Oblisations and Disclosure Reguirements) Regulatons, 2015, s amended ('Listng Regolatons") ‘The Group comprises the following subsidiares: () SAMHI JV Business Hotels Privare Limited (ii) SAMHI Hotels (Gurgaon) Private Limited (i) Barque Hotels Pivate Limited (1v) SAMHI Hotels (Ahmedabad) Private Limited () CASPIA Horels Private Limited (41) Ascent Hotels Private Limited (vil) Argon Hotels Private Limited (vii) Paulmech Hospiality Private Limited (1) Duet India Hotels (Chennai) Private Limited (%) Duet India Hotels (Hyderabad) Prvate Limited (x1) Duet India Hotels (Pune) Private Limited. () Duet India Hotels (Ahmedabad) Private Limited (xii) Duet India Hotels (Chennai OMR) Private Limited (from 10 August 2023 il 19 February 2025) (xiv) Duet India Hotels (Jaipur) Private Limited () Duet lndia Hotels (Navi Mumbai) Private Limited (i) SAMHI Hospitaliy Ventures Private Limited (formerly known as ACIC Advisory Private Limited) (cvii) Innmas Tourism and Hotels Peivate Limited (from 4 October 2024) The above unaudited consolidated financial results for the quarter and nine months ended 31 December 2025 were reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Parent a ther respective meatings held on 28 January 2026 The Sttutory Auditors of the Company have conducted "Limited Review” of these financial results in terms of Regulation 33 of th Listing Regulations The results for the quarter nd nine months ended 31 December 2025 are available on the Bombay Stock Exchange website (URL: wi bseindia com), the National Stock Exchange website (URL: wivw nseindia.com) and on the Parent’s website (URL: wwnw.samhi.co.in). ") evaluates the Group's performance at an overall aroup level as one seament i¢. “developing and running of hotels”. Hence, no further disclosures are required 1o bel 8 Segmens. ‘The Chief Operating Decision Maker ('COD! furnished in accordance with Ind AS 108 - Operat On 09 March 2023, the Board of Direcors of the Parent spproved Employees’ Stock Option Plan 2023 - ' (‘e Plan®) tha entitles eligible employees to acquire equiy shares n the Parent. Under the Plan, 5,477,360 options were granted to ligible employees These options provide the holders of such vested options, the opportunity fo 2cquire equity shares (1 quiy share fo 1 option) i the Parent 2 per the terms and conditions| specifed i the Plan. During the quarter and nine months ended 31 December 2025, Nl and Nil options especiively (Quarter ended 30 September 2025 - Ni Quater ended 31 December 2024 - Nil, Nin months ended 31 December 2024 46,141, Year cnded 31 March 2025 - 1,199,659 options) were exercised and accordingly Ni and Nil equity shares rspectvely (Quarter ended 30 September 2025 - Nil, Quarter ended 31 December 2024 Nil, Nine months ended 31 December 2024 - 46,141, Year ended 31 March 2025 1,199,659 equity shares) of INR 1 each were sued. On 14 May 2025, 6,726,394 optionally convertible redeemable debentures (*OCRDS') issued by Ascent Hotels Private Limited to Vascon Engincers Limited have been converted into equivalent number of equity shares Further on 16 May 2025, the Parent has acquired these equity shares from Vascon Engineers Limited. SAMEHI Hoels Limited vide its share-holder meeting dated 20 May 2025 approved primary investmen and subscription of equity shares by Reco Bellflower Private Limited, an afilisze of GIC Pte Limited (‘Investor’) to| hold 35% of the equity share capita (on a fully-diluted basis) of Ascent Hotels Private Limited, SAMHI JV Business Hotels Private Limited and Innmar Tourism and Hotels Private Limited (‘Targer Companies”). The| ‘combined enterprise value of the Target Companies has been ascribed at INR 22,000 00 million. Consequently during the quarter ended 30 June 2025, the investor has infused money by way of primary investment throughi prvate placement in Ascent Hotels Private Limited and SAMHI JV Business Hotels Private Limited and by way of sccondary investment through purchase of shares of SAMHI JV Business Hotels Private Limited from| Parent. Accordingly, the Group has disclosed investor share of profis i these two entities as non-contrlling interests in the Statement of Unaudited Consolidated Financial Results
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SAMHI Hotels Limited CIN-LSS10IDL2010PLC21 1816 Registered Office - Caspia Hotels Delhi, District Centre Crossing, Opp. Galaxy Toyota Outer Ring Road, Haider Pur, Shalimar Bagh, Delhi-110088 (Website v sambi.co.n Email_complisnce@samhi co in Telephone . 191 (124) 4910100} STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED 31 DECEMBER 2025 [Notes (0 the Statement of unaudited consolidated financial results for the quarter and nine months ended 31 December 2025: 9 Exceptional items includes: (INR in million) Quarter ended Nine months ended Vear ended Particulars ST December 2025 |30 September 2025 | 31 December 2024 | 31 December 2035 _| 31 December 2024 | 31 March 2025 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) Loss on sale o investment (refer note 10) - - - 5 - G572 Reversal of impairment in value of propert. plant and cquipment B - 5 - - 16288 and other intangible assets Gain on sale of business undertaking (refer note 12) % 13390 E 490 3 - Reversal of impairment n value of Nght-oF-use asser, net B 9655 = 6958 - 3 (refr note 13) Impact of New Labour Codes (refer note 14] (L) z - [TINE)) B : [Total (1L12) saras - 83036 - (194.35) During the year ended 31 Maich 2025, the Company has sold investment i respectof one of the subsidiary companies - Due India Hotels (Chennai OMR) Privte Limited on 19 February 2025 The difference berween| sale pice of INR 28,39 million (excluding considecation against asignment f lan provided by the Parent amounting to INR 506 68 millon) an netcarying value of the assets and labiltes of INR 377 02 millon has een recorded s exceptional item in the consolidated financial resuls. Additonsly, cerain expenses amaurting 10 INR 8 60 millon n relaton to such sale of nvestment hasolso been recorded as exceptional tem Further,deferred ta abily of INR 62 04 millon has been reversed as tax expense During the year ended 31 March 2025, the Company has scquired 100% share capital of Innmar Tourism and Hotels Private Limited constitting 8,437,500 quity shares of INR 10 cach on 4 October 2024 at 2 purchase| consideration of INR 2,140 18 million The aforesaid acquisition has been accounted for under the acquisition method w..f. 4 October 2024 in accordance with [nd AS 103 "Business Combinations’. Accordingly, the| Company has performed a purchase price allocation and recognised the difference between purchase consideration and net asets a5 Goodwill of INR 875,38 million in the consolidated financial results, The results o the| quarter and nine months ended 31 December 2025 are not comparable with the previous periods due o the factsiated zbove, 12 During the quarter ended 30 September 2025, the management of SAMHI Hotels Limited had sold the right,ttle and interest in the business undertaking "Caspia hotel” from SAMHI Hotels Limited on 13 August 2025. “The difference between sale price of INR 639.57 million (net of expenses amounting to INR 10.13 million) and net carying value of assets and liabiliies of INR 494.97 million has been recorded as exceptional item i the| consolidated financial results during the quarter ended 30 September 2025. Consequently, pursuant (© the requirements of Ind AS 105 *Non Current Assets held for Sale and Discontinued Operations", the results of the| aforesaid business undertaking have been disclosed as discontinued operations ll 13 August 2025 and comparative information has been represented accordingly. Brief particulass o the discontinued operations of the said business undertaking are as follows: v niton G i e o i e ! T | T b | T T | T p | b T | T (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) o z - P : ) T Camings s e s s oo s o s () e e e ; s 6% o) 2093 ” o et i s s ) ) Fan ex e e : . : . : : e e : s o o e wm 13 During the quarter ended 30 September 2023, the Group acquired an entty holding leasehold land in Navi Mumbai allotted by the Maharashtra Industrial Development Corporation ("IDC"). Pursuant to lease| termination notice received from MIDC, the Group. recorded an exceptional impairment loss of INR 768,28 million (net) during the quarter ended 31 December 2023. Subsequenly based on MIDC's letter confirmine| ‘extension of the development period, the Group recorded the reversal of impairment loss of INR 69658 million (net ofreversal of indemity amount of INR 100,00 million) as exceptionl item during the auarter ended 30! September 2025 14 During the quaner, effective 21 November 2025, the Government of [ndia has consolidated multiple existing labour legislations into a unified ramework comprising four Labour Codes - the Code on Wages, 2019, the Industral Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020, collectively refered 10 as the 'New Labour Codes” The enactment of these| codes has resulted in changes o the computation of certain employes berefits. The Group has assessed the impact of these changes in accordance with Ind AS 19 *Employee Benefis” and the guidance issued by the Insitute of Chartered Accountants of India (ICAD). The resulting additional employee| benclits expense of INR 11.12 million, being materil and non-recurring, has been presented under ‘Exceptional ltems' in the consolidated financial results for the quarter and nine months ended 31 December 2025 The| Group continues to monitor further notifications and rules under the new Labour Codes and will account for any additional impact as required. 15 Subsequent 10 the qurter, on 16 January 2026, the Company has incorporated 2 wholly owned subsidiary, namely, SAMHI Skyline Private Limited. The incorporation does not have any impact on the consolidated| financial resuls of the Group for the quarter and nine months ended 31 Decermber 2025, For and on behalf of Board of Dir " SAMHI Hotels Place: Gurugram Ashish Jakhanwala Date: 28 January 2026 Chatrman, Managing Direcior and CEO DIN. 03304345