SAMHINSE28 October 2025

Samhi Hotels Limited has informed the Exchange about Investor Presentation on performance of the Company for the quarter & six months ended 30th September 2025, which is enclosed for your information ...

Samhi Hotels Limited

IMART HOTEL INVESTMENTS —

SAMHI Hotels Ltd.

281 October 2025

BSE Limited Corporate Relationship Department Phiroze Jeejeebhoy Towers, Dalal Street, ~ Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (East), Mumbai - Mumbai - 400 001, Maharashtra, India 400 051, Maharashtra, India

National Stock Exchange of India Limited

Scrip Code: 543984

Scrip Code: SAMHI

Sub: Investor Presentation for Quarter 2 - FY 26

Dear Sir/ Madam,

Please find attached the Investor Presentation on the performance of the Company for the Quarter 2 - FY 26.

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:

Tel: +91 124 4910100 Fax 44910199 www sambi coin

SAMHI

RT HOTEL INVESTMENTS —

HYATT REGENCY

Investor Presentation Q2 FY2026

www.samhi.co.in

Important notes on the presentation format

We are now uploading a detailed Excel file containing all supporting data

for your convenience on our website https://samhi.co.in/investor- relations/

To avoid any ambiguity, we have streamlined our EBITDA representations

by reporting only Consolidated EBITDA.

All operating performance metrics are presented on a same-store basis’

(and highlighted in the color: orange), allowing for a more accurate

reflection of business performance and comparability

Air passenger data for Q2FY26 is currently unavailable, hence we have

show data till Q1FY26. The same shall be updated once the data is available from AAI

All future estimates and information includes Navi Mumbai & Hyderabad

Financial District projects

Page 2

From the CEO’s Desk

www.samhi.co.in

We are pleased to announce results for the period ending 30t" September 2025 along with news of the landmark development in Navi Mumbai.

During the quarter total revenue growth was ~11.0% with a consol. EBITDA growth of 14.2% over same period last year. With continued

growth in EBITDA and reduction in finance cost, we witnessed ~2.8x growth in PBT for the quarter. Accounting for the reinstatement of

Navi Mumbai, we are very pleased to report a PAT of ~X998mn for the quarter.

For the first half of FY2026, total revenue growth was 12.0% and EBITDA growth of 16.3% over same period last year. This sets a very

strong base for the remaining part of FY2026 and for FY2027.

We are very excited about the Navi Mumbai development. This project will redefine, both Navi Mumbai’s skyline and SAMHI’s future

with potential to create a 700-room dual branded hotel. We are happy to contribute to the state’s commitment to make Navi Mumbai

aworld class city.

During the quarter, we also signed a long-term variable lease for a large midscale hotel in heart of Financial District in Hyderabad,

allowing us to secure an impactful share of a market that continues to outperform.

We made good progress on on-going growth projects. By end of December 2025, we would have added about 8% inventory to our

portfolio in current year, which will aide performance in Q4-FY2026 and FY2027. Work on the W-Hyderabad, Westin Bengaluru and

other initiatives continue as planned.

With all these growth initiatives, same-store growth continuing in range of our forecast (~9%-11% CAGR) and strong free cash from

operations, we are confident of SAMHI’s growth and the value it will create for our shareholders.

Thank you for your continued support.

Ashish Jakhanwala

Page 3

Q2FY26 Highlights

— SMART HOTEL INVESTMENTS —

RevPAR!

Total Income

* Growth in Key performance indicators in line with our

long-term forecast (9%-11% CAGR)

%5,026 +11.2% YoY

¥29963mn +11.0% YoY

* Navi Mumbai resolution clears

way for SAMHI’s

largest hotel (~700 rooms) in India’s financial capital

Consol. EBITDA 1,105mn ¥998mn +14.2% YoY

+691.1% YoY

* 378 rooms contributing ~8% to the total inventory addition in FY2026 (314 rooms delivered and 64 rooms under development). Sets strong base for FY2027

* Strong

pipeline to drive future growth

gpip

@ @ @ ! Based on same-store, i.e., excludes the Four Points by Sheraton, Chennai OMR sold in Feb'25, Trinity acquired in Oct'24, Caspia Delhi sold in Aug’25, HIEX Greater Noida (reopened in Dec’24), HIEX Kolkata (openedin May'25) and Sheraton Commercial

2: Includes T696mn of reversal of NeviMumbai land impairment, less ¥125mn of deferred tax; netimpact of ¥571mn. PAT attributable to SAMHIis ~¥924mn and minority interestis ~74mn

H1-FY 2026

Q2 FY26

H1FY26

% chg. YoY basis

www.sambhi.co.in

ToEl e %2,963mn +11.0%

X5,836mn +12.0%

Consol. EBITDA

%1.105mn ’ +14.2%

22.161mn ’ +16.3%

growth during the first half of FY2026 sets base for a strong H2.

12% revenue and 16% EBITDA

ig;rexcepnonalhem

3382mn

3641mn

Completion of ballroom renovations in key hotels and opening of new inventory will support H2 & FY2027 performance.

PAT

3998mn’

31,190mn2

1: Includes T696mn of reversal 2: PAT attributable to SAMH! is ~1,097mn and minority interest is ~¥93mn

of Navi Mumbai land impairment, less ¥125mn of deferred tax; net impact

of ¥571mn . PAT attributable to SAMH| is ~¥924mn and minority interest is ~I74mn.

PﬂE:P 5

— SMART HOTEL INVESTMENTS —

Business Update

SAMHI accelerates growth with two landmark developments

e ~700room dual-branded hotel in Mumbai Metropolitan Region

e ~260room hotel in Hyderabad’s Financial District under a long- term variable lease

Stage set for SAMHI’s largest hotel & entry into Mumbai

Landmark dual-branded hotel to be developed near the Navi Mumbai International Airport and DY Patil Stadium with ~400 rooms in Phase |, with the potential to expand to ~700 rooms upon full development

Proposed to be operated under Westin and Fairfield by Marriott brands’

Will be SAMH/I’s largest hotel asset by number of rooms and built-up area

D Purttf Onweratry

07, DY Partl Spotts Cempics

0 3

S N S T

y 0

, o ) h m a m u y b t M o s

@® @ ® 1:Subjectto the execution of definitive agreements

Note: Artistlg: impression for illustrative purpose: on'detailed design dévélopient and statutory appi

. Final design, layout, and sps\cffiaa AR P

s are subjecr\tgchangs based

Proposed hotel benefits from shift of Mumbai’s economic hubinline with other cities

Delhi City Center

Bangalore City Center

Hyderabad City Center

> Cugem

L - ORR, Whitefield

> HITEC City,

Financial District

Mumbai City Center

. = Navi Mumbai

Est.

Convergence of infrastructure, connectivity, and commercial investments positions Navi Mumbai as the next growth engine for the Mumbai Metropolitan Region

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. Site Location

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9 Data center developments

Navi Mumbai

7‘ International Airport

Key Demand Drivers

Vast Jorribu Bharg

cibco Exhibition Centre =

Easy access from all the surrounding key generators

. Site Location

. Commercial

Developments

Mindspace Juinagar, Everest Nivara Infotech Park, MAS Industries (India’s Largest Elevator component manufacturer & exporter), Aksar Business Park, L&T Seawoods

‘ Data Center

Developments

Prestige Group, Reliance Data Center (Dhirubhai Ambani Knowledge City)

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IKEA, DY Patil Stadium, CIDCO Exhibition Centre

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Transport

-— = Links

Atal S.etu Trans Harbgr Link — longe§t sea bridge of 21.8km six lanes (3+3) link that connects Mumbai to Navi Mumbai

N Tagghar

¥’ 4 /

F 4 £

| NHI48A MSH104

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Navi Mumbai International Airport

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Atal Setu Trans

rbor Link

7 /

Belapur West

New lease for a hotel in Hyderabad to increase our market share in one of India’s prominent office market

Mid-scale hotel within an under-development mixed-use building in the heart of Financial District, Hyderabad

SAMHY/’s third property in the precinct, alongside the Sheraton with 326 rooms (Upscale+) and the Fairfield by Marriott with 232 rooms (Upper Mid-Scale)

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o o R —

~260 keys

17-18 sqm.

(avg. room size)

%1,250 -1,430mn Estimated development cost

. ‘ \ \

Lessor to obtain approvals, develop

SAMHI to complete fit-outs building shell, fagade and high-side MEP and operationalize the hotel

‘\

Western

)

Deferred capital investment to minimize capex-to-revenue cycle

Pacifica Hillerest

al Kalysanen:h Park

(~1 _5mn sqft)

Western Springs

Note: Artistic :mpmssmnfnnﬂusrmuwa purposes ont e HEPHesin, lﬂym.n_ andsp;c:ﬁcanonsms subjectto change bassd/;j design dBWlDDmBIﬂEndslﬂmlDIVHDDIDVElS‘

Ke.yCitiesand

Upscale+

IR Mid-scale

We continue to increase

www.sambhi.co.in

Ngjugram

Hyatt Place

Noida

Bangalore

HIEX

our market share of

. »

Whitefield

Tribux‘:s:nf io

Fairfield

HIEX

N eW I n d I a

C\ly Centre

Outer Ring Road

North Bengaluru

Electronic City

Hyderabad

Courtyard

Fairfield

HIEX

Financial District

Sheraton

Fairfield

City Centre

Airport papet North Hinjewadi / Pimpri

City Center

Chakan

Mumbai

South Mumbai Bre

Navi Mumbai

Hyatt Regency

Fairfield

HIEX

Our strategy is to cover all key commercial districts at different price points and post IPO, we have secured assets across markets and segments

BIEIED

With the proposed Westin + Fairfield by Marriott in Navi Mumbai, we now have presence in all key markets across India

‘e

... 1. Four Points in Pune to be renovated and re-branded to a Courtyard by Marriott

2. Subjectto execution of definitive agreements

Pageﬂ

Execution of our committed pipeline will

transform both scale and

intrinsic value

%19,000mn - 21,000mn Secured Growth (Sep ’25 basis)

Incremental ~%8,000mn revenue potential from committed projects at currentpricing

+804 uUpscale (+473 conversion from Upper Mid-scale) +436 Upper Mid-scale

+260 Mid-scale

~%12,000mn In-Place Revenue (Sep ’25)

%29,000mn - 31,500mn Market Growth (tilLFY30)

In line with our long-term forecast 9-11% CAGR

www.samhi.co.in

Further expansion through acquisitions utilizing investible surplus

”4,850 Rooms

6,300+ Rooms

Page 12

Revenue share by segment

= Upper Upscale & Upscale m Upper Mid-scale

Mid-scale

15%

12%

www.samhi.co.in

60%

2FY26

Upon Completion of Committed Projects

On-going rebranding/ renovations to increase Upscale share of revenues from ~42% to ~60%

eHe

Page 13

Strong balance

sheet

Even with significant investments over past

two years, balance sheet remains strong and

supports growth

Effective debt cost of ~8.5% with net annual

interest payment of only ~X1,250mn

. X 3,500mn of Operating Free Cash* based

on TTM EBITDA and current interest rates; to expand with new inventory & same store

growth

www.sambhi.co.in

Net Debt : EBITDA (TTM) as on Sep’25

Operating hotels maintain targeted debt

~2.4x <] levels; to further reduce with continued

Revenue growth.

@ @ ® TTM EBITDA as on 30+ Sep’25 less currenteffective annual interest expense. Refer slide 33

Page 14

m Consolidated m Adjusted for Growth Capital

Macro Dynamics

Robust commercial activity across key markets

www.samhi.co.in

Office market size' (mn sq.

Net Absorption?

W Current

Upcoming

Total of

Totalof

~51 mnsgft ~12 mnsqgft ~16 mnsqft ~31 mn sqft

Q2FY25

Q2FY26

H1FY26

Bangalore

219

13.1

4.1

3.5

7.0

Hyderabad

137

Kolkata

30 7

Chennai

Mumbai

157

8.4

5.8

8.7

1.7

2.2

1.6

1.8

0.4

0.8

2.6

1.6

0.4

4 Key Markets (Bangalore,

Hyderabad, Pune, Delhi NCR) captured ~70% of the total

absorption in Q2FY26

Contribute ~76% to SAMHI’s

Q2FY26 AssetIncome

o@e !:SourceLLFY25

2: Source: Cushman and Wakefield Office Report Q2FY26

Page 16

Travel disruptions affected key cities due to geopolitical tensions

Note: Full quarter (Q2FY26) data currently unavailable. To be updated post data is published by Airports Authority of India (AAl) . Page

contains data till Q1FY26

QoQ airline passenger growth (in mn)’

Q1FY26 change over Q1FY25"

18.5%

+5% YoY 75

12.1% .

SHS0

8.6% -070

8.1%

Due to geopolitical events and the Ahmedabad plane crash, airline passenger growth of major international was impacted

airport hubs

3 2 Y F 1 Q

3 2 Y F 2 Q

3 2 Y F 3 Q

3 2 Y F 4 Q

4 2 Y F 1 Q

4 2 Y F 2 Q

4 2 Y F 3 Q

4 2 Y F 4 Q

5 2 Y F 1 Q

re) < ol 52}

re) < N o <

o @ = © = b5 g > T

o @ = © bl 3 £ g

o 5 = © g 15 = o

‘T & c @ & S

o c 3 a

< # = = Gl 2

T A = g s

® @ @ 1: Source: Aiports Authority of India (AAI). Includes the 10 key metro cities inc. Delhi, Mumbai, Bangalore, Hyderabad, Chennai, Kolkata, Ahmedabad, Pune, Goa and Kochi

1.7% =

i i i i

L 1.2% | -1.4% i I ! = © % (I [BC] I a i i 1 h

www.samhi.co.in

Performance Summary

Sustained Revenue and EBITDA Growth

www.samhi.co.in

FY2025°

FY2026

Total Income

2,568

2,705

2,987

3,236

2,873

2,963

RevPAR Trend

YoY growth

33.5%

21.2%

9.3%

11.6%

13.0%

11.0%

Consol. EBITDA

934

1,016

1,177

1,307

3 1,056

1,105

+11% YoY

YoY growth

43.7%

37.6%

15.5%

21.4%

18.6%

14.2%

Depreciation

(299)

(288)

(291)

(290)

(291)

(296)

Finance Cost

(556)

(562)

(617)°

(553)

(506)

(427)

PBT (excl. exceptional items)

PAT

122

224

420

259

382

126

228

4592

1924

9984

Q124 Q224 Q324 Q4'24 Q125 Q225 Q325 Q4'25 Q1'26 Q226

1. Interest Cost includes one-time non-cash impact of ¥65mn on account of refinancing a high-cost term-loan, which would result in an annualinterest saving of~3160mn 2. Deferredtax assetcreation impact considered in PAT 3. Includes the impact of one-time transaction expense of ~T21mn relating to GIC JV, loss in Sheraton Commercial revenue due to its conversion to 42 apartments of ~718mn and loss due to sale of FPS Chennai OMR of ~¥3mn 4.1n Q1FY26, PAT attributable to SAMHI is ~¥173mn and minority interestis ~¥19mn and in Q2FY26, it includes T696mn of reversal of Navi Mumbai land impairment, less ¥125mn of deferred tax; netimpact of ¥571mnand PAT attributable to SAMH is

® @ ® ~3924mn and minority interest is ~¥74mn

5. FY 2025 numbers does not have the impact of discontinued operations of Caspia Delhi.

Page 19

S e I I I e I lt I e rfo rl I I a I l C e

www.samhi.co.in

= Stable: Y-0-Y change of +/-200bps; A Upward: Y-o-Yincrease of between 200~ 700bps; A Strong Upwards: Y-o-Yincrease ofmore than 700bps; ‘¥ Downward: Y-o-Y decrease of between 200 - 700bps; and ¥ Strong Downwards: Y-o-Y decrease of more than 700bps

Individually stylized hotels catering to high-end

Prototypical design for efficiency and

One of the most efficient hotel products in

business travelers. Provide extensive dining

scalability; cater to a wide spectrum of

market; highly scalable. Focus on high quality

options and large social and meeting venues

travelers. Can cater to medium sized meeting and social events.

and affordable room and breakfast

Hotels

Rooms

Occupancy' (%)

ARR' (%)

RevPAR' (%)

1,086

75% v

10,578 4

7,936 A&

2,047

76% 4

6,666 4

5056 A&

1,729

74% W

3,746 A

2,771 wmm

® @ @ 1. Based on same-store, i.e., excludes the Four Points by Sheraton, Chennai OMR sold in Feb'25, Trinity acquired in Oct’24, Caspia Delhi sold in Aug'25, HIEX Greater Noida (reopenedin Dec'24), HIEX Kolkata (opened in May'25) and Sheraton CommerciaPage 20

Q2FY26 - Total Income bridge

www.samhi.co.in

(amounts in ¥ mn, unless specified otherwise)

+9.0% YoY

232

106

(34)

+11.5%

+11.0% YoY 2

2,626

Q2FY25 Assetincome!

Growthin Same Store?2

Growth from new openings 3

Loss due to sold/ discountinued operations 4

Q2FY26 Asset Income

Corporate Income

Q2FY26 Total Income

Recorded healthy same store growth of 9.0%

Wlth a total income

grOWth Of 1 1 0%

1. Q2FY25 Asset Income is adjusted for Caspia Delhi numbers 2. Same-store excludes the Four Points by Sheraton, Chennai OMR sold in Feb’25, Trinity acquired in Oct’24, Caspia Delhi sold in Aug’25, HIEX Greater Noida (reopened in Dec’24), HIEX Kolkata (opened in May’25) and Sheraton Commercial

@ @ @ 3. Includes Trinity, HIEX Greater Noida and HIEX Kolkata

4. Includes Four Points by Sheraton, Chennai (OMR) and Sheraton Commercial

Page 21 &

Q2FY26 - Consol. EBITDA bridge

www.samhi.co.in

(amounts in ¥ mn, unless specified otherwise)

+13.9% YoY

143

+14.5% Yoy

+14.2% YoY

(80)

1,036

Q2FY25

EBITDA!

SemeStoe2

h il

newepenings® o discontinued

h i

Q2FY26 A:

Q2FY26

operations 4

G&A (inc. ESOP)

Recorded strong flowthrough with same store EBITDA growth of 13.9% with a consol.

EBITDA gl’OWth of 14.2%

1. Q2FY25Asset EBITDA s adjusted for Caspia Delhi numbers 2. Same-store excludes the Four Points by Sheraton, Chennai OMR sold in Feb'25, Trinity acquired in Oct’24, Caspia Delhi sold in Aug’25, HIEX Greater Noida (reopened in Dec’24), HIEX Kolkata (opened in May’25) and Sheraton Commercial

@ 3 Includes Trinity, HIEX Greater Noida and HIEX Kolkata

4. Includes Four Points by Sheraton, Chennai (OMR) and Sheraton Commercial

Page 22

Operational Efficiency

Q2FY26 Bridge from Total Asset Income to Consol. EBITDA

www.samhi.co.in

(512)

(17.5%)

(248)

(8.5%)

227)

(593)

(20.3%)

(181)

(6.2%)

(104) (3.5%)

(40) (1.4%)

(66)

(2.3%)

40.5% Asset EBITDA Margin

37.3%

Consol. EBITDA Margin

(80)

Asset Income

Payroll

Fixed

Variable

Utilties

Management Fees

Lease Rentals

Ownership Expenses

Asset EBITDA

@ @ ® Note: Al values in Tmn, unless specified otherwise

1,105

Net Corporate G&A (inc. ESOP)

Consol. EBITDA

Page 23

www.samhi.co.in

Growth Projects

Internal growth projects to accelerate future growth

www.samhi.co.in

4,8621 current operational rooms

Rebranding of 473 rooms and addition of 1,500 rooms through combination of expansion and new opening to aid revenue expansion

# Hotel

Segment

Growth Project

Status

FY26

FY27

FY28

FY29

FY30+

Holiday Inn Express, Greater Noida

Mid-scale

Rebranding

2 Holiday Inn Express, Kolkata

Mid-scale

New Opening

3 Sheraton, Hyderabad

Upscale

Expansion

4 Holiday Inn Express, Whitefield, Bangalore

Mid-scale

Expansion

5 Sheraton, Hyderabad

Upscale

Expansion

6 HyattRegency, Pune

Upscale

Expansion

Completed

Fit-out

133

113

6 W, Hitec City, Hyderabad

Upscale

New Opening

Design & Civil

7 Courtyard by Marriott, Pune

Upscale

Conversion from Four Points by Sheraton

8 Tribute Portfolio by Marriott, Whitefield, Bangalore Upscale

Rebranding from Trinity

9 Tribute Portfolio by Marriott, Jaipur

Upscale

Rebranding from Four Points by Sheraton

Chennai 10 Fairfield by Marriott, Sriperumbudur,

Upper Mid-scale Expansion

11 Westin, Whitefield, Bangalore

Upscale

New Opening

12 Mid-scale asset, Financial District, Hyderabad

Mid-Scale

New Opening

13 Westin & Fairfield by Marriott, Navi Mumbai

Upscale

New Opening

Design

@ @ @ 1: This excludes 142 rooms of Caspia Delhi which was sold on 13" August'25 and includes 56 rooms of HIEX, Whitefield Bangalore which were opened on 4 Sept'25

170

217

142

114

220

260

~700

Page 25

{

HYATT REGENCY

Nagar Road, Pune (22 apartm: Expansion

Arflst impiession, actual may vary

Gachi Expansion

HITEC City, Hyderabad (170 rooms)

An iconic brand in one of India’s largest commercial districts under development

O ‘f«

Current Status:

=~ -

Design developmentis at final stage

Existing building modifications undergoing

* Mock-up rooms to commence

in Q4FY26

Page 28

‘Westin & Tribute Portfolio

itefi _ld, Bangalore (142 rooms renov‘tion & 220 new rooms)

&nde ‘Renovation & Development

‘W

fist impression, acl‘ua!lnay vary

www.samhi.co.in

Summary Financials

Financial

Totalincome

Consolidated EBITDA

2,963

1,105

2,669

+11.0%

967

+14.2%

5,836

2,161

5,211

1,858

+12.0%

+16.3%

S u m m a ry

EBITDA Margin

37.3%

36.2%

37.0%

35.7%

(Consolidated P&L)

Depreciation & Amortization

Finance cost

(296)

(427)

(285)

(545)

(587)

(933)

(582)

(1,084)

www.samhi.co.in

11,386

4,251

37.3%

(1,157)

(2,223)

PBT (before exceptionalitems)

382

137

+179.2%

641

192

+233.3%

872

This includes: *

Reversal of impairment (Navi Mumbailand) - 2696mn Gain on sale of Caspia, Delhi which was recognized under “discontinued operations” - Z145mn

Exceptional ltems Profit/ (Loss) f rofit/

(Loss) from discontinued operations

841

(28)

(15)

841

(55)

(35)

PBT

1,197

122

1,428

157

Includes Deferred Tax Liability created on Navi Mumbai land- ¥125mn

Tax Expense

(199)

(238)

PAT

Attributable to SAMHI

Attributable to Minority Interest

998

924

126

+691.1%

1,190

1,097

168

+606.3%

€5

Note: Al values in Tmn, unless specified otherwise.

O®®® 1o, noto that all figures for Q2FY26, Q2FY25, HIFY26, H1FY25 and FYS have been adjusted for Caspia Delhi s the asset has been recognized under “discontinued operation”.

(194)

(71)

607

855

Page 31

Financial Summary (Consolidated Balance Sheet)

Fixed Assets

CWIP

Goodwill

Other Non-current Assets

Cash & Cash Equivalents

Inventories

Trade Receivables

Other Current Assets

Total Assets

Share Capital

Other Equity

Non-controlling interest

Total Equity

Total Borrowings

Lease liabilities

Trade Payables

Other Non-current Liabilities

Other Current Liabilities

Sep’25

27,481

783

5,218

1,105

2,460

708

633

Mar’25

www.samhi.co.in

Notes

26,702

Reversal ofimpairment of ROU of Navi Mumbai

954

5,218

886

1,602

673

596

38,425

36,673

221

17,621

500

18,342

16,116

1,154

950

1,138

724

221

11,199

11,421

Change in other equity is denoted by profit for the period and gain on sale of stake in subsidiaries to GIC

Share of GIC on 35% investment in Ascent and SAMHI JV

21,302

Debt reduction utilizing cash from GIC proceeds and sale of Caspia Delhi

1,178

954

1,092

726

® @ ® Note: Al values in Tmn, unless specified otherwise.

Page 32

Total Equity & Liabilities

38,425

36,673

Financial Flexibility

Mar 31, 2024

Jun 30, 2024

Sep 30, 2024

Dec 31, 2024

Net Debt (X mn)

18,242

18,626

18,788

20,643

Mar 31, 2025

19,669

4,434

Jun30, | 2025 | : 14,345 | | ! 4574 |

Sep30, 2025 | 13,700) | 4,7025|

TTM EBITDA"

(X mn)

Net Debt : EBITDA

3,681

3,810

4,045

4,204

9.8% - 9.5%

9.7%

9.4%

9.2%

| | | | | | | |

8.5%

e 4.94

4.6x]

Credit rating upgraded to A+ stable by CARE

Annualized interest cost* (X mn)

mmmm Net Debt : EBITDA

Net Debt : EBITDA (Adjusted for Growth Capital) === InterestRate

=] N0

SiIEO50;

~1,960

~2,015

~1,900

~1,400

~1,250|

1. Excluding ESOP & One-time Expenses 2. Capital allocated towards W (HITEC Hyd.), Trinity & Westin Bglr., HIEX Greater NOIDA and HIEX Kolkta, HRP Apartments, FFM Hyd, Sheraton Rooms & Apartments, HIEX (Wht. Bglr.) and Hyatt Place Gurgaon Renovation 3. As on 13" October 2025

® ® ® . Doos not include non-cash finance cost items such as interest on lease, EIR, etc. which are chargedto P&L

5. Excludes Caspia Delhi EBITDA on TTM basis

www.samhi.co.in

About Us

Acquisition led strategy has delivered scale

* Short capexto revenue cycle due to

acquisition led approach

» Discountto replacement cost for long term

variable

leases to use capital more

returns * Longterm efficiently

www.samhi.co.in

115430

9:%7

)

7,615

Consol Revenue 35% cacrMyrs)

4,901

4,202

3,572

4,430

H Consol EBITDA

pre ESOP 43% cAGR (Myrs)

L p— e - ~ . . l

v e e

750 U

3,331

203

FY12

FY13

FY14

FY15

FY16

FY17

FY18

FY19

FY20

Fy21

FY22

FY23

Fy24

FY25

@ @ @ Note: All values in ¥mn, unless specified otherwise

Page 35

Our portfolio spans across price points capturing a wide segment of travelers

www.samhi.co.in

Mid-scale

Upper Mid-scale

Upper Upscale & Upscale

Unique portfolio of assets with a 14 sq.

Bridge to high-end hotels. Maintain

Individually curated hotels capturing

mt. room but competing with much

efficiency of Mid-scale but allow us to

the high-end travelers, MICE and local

larger room products in the market

leverage the market opportunity

dining business

Low footprint and capex per key,

coupled with high operating efficiency

give us tremendous headroom to grow

Driven by conversions given

complexities of development

Page 36

Upper Upscale & Upscale

5 Hotels +6 under development

1 ,086 Rooms

(+1,277* under development/ rebranding)

g n i t a r e p O

1,227 mMn Revenue ) ]

c (]

S 0 E ko] [«

c S 20 > 4] (a)

% i

WESTIN HOTELS & RESORTS

TRIBUTE PORTFOLIO

Bengaluru

COURTYARD Aarriott

Pune

TRIBUTE

PORTFOLIO ——

Jaipur

Note: Includes ~350 rooms of Westin, Navi Mumbai. Please note that the brand is subject to execution of definitive agreements and the number

of rooms is also subject to final planning & designing

www.samhi.co.in

\""} HOTELS

Hyderabad

Page 37

Upper Mid-scale

1 4 Hotels +1 under development

2,047 Rooms

(+436* under development and inc. 473 under rebranding)

>4 N

1,253 mn Revenue vz ks ] Fairlicld

Note: Includes ~350 rooms of Fairfield, Navi Mumbai. Please note that the brand is subject to execution of definitive agreements and the number

of rooms s also subjectto final planning& designing

www.sambhi.co.in

Fair{i

Page 38

Mid-scale

1 2 Hotels +1 under development

1,729 Rooms

(+260 under development)

449mMn Revenue qrvze

www.sambhi.co.in

Page 39

Dominant share with leading operators

Our hotels operate under some of the most well recognized global hotel brands

This gives us access to loyalty programs, distribution and high degree of customer affinity

Y 1)

Chart represents share of Q2FY26 Asset Income (in ¥mn)

RENAISSANCE]

COURTYARD Marrioft T

FAIRFIELD Aarrott.

Bengaluru Outer Ring Road

. W | WESTIN | mesure ] 1\

Marriott :r;:; 66% e

HOTELS | nommisafesoms

':'4‘; i

Unbranded

60 2%

[+ ] HYATT il

3 ghit

AN IHG" HOTEL . GURUGRAM SECTOR 50

Team that built the business

www.samhi.co.in

12+ yrs In SAMHI

14+ yrs In SAMHI

8+yrs In SAMHI

Ashish Jakhanwala Chairman, MD & CEO

Experience across hotel operations, design, consultingand investment Previously worked at InterGlobe Hotels (Director, Development) and Pannell Kerr Forster (Consultant) 12+ yrs

Rajat Mehra cFO

Previously worked with Religare Corporate Services as an EVP - Finance CAwith diploma in Management from IGNOU

SanjayJain Senior Director, Corporate Affairs, Compary Secretary and Compliance Officer Previouslyworked with Beekman HelixIndia and DLF

= B.Com from University of Delhi, Cost Acct. and CS

11+ yrs In SAMHI

2+ yrs In SAMHI

In SAMHI © &

GyanaDas EVP & Head of Investments

Previously worked with InterGlobe Hotels Mastersin City Planning; IT, Kharagpur & Bachelors in Architecture; NIT, Nagpur

Tanya Chakravarty General Counsel

Previously worked with PhoenixLegal and Unitech Bachelor's degree inlaw from Army Institute of Law, Mohali

6+yrs In SAMHI

1+ yrs

In SAMHI >

Manish Bhagat VP - Finance

Ayush Singhal SVP-Finance

Sangeeta Mohan VP - Asset Management

Gaurav Misra VP - Asset Management.

Nakul Manaktala SVP-Investment

Strong governance with highly experienced board members

www.sambhi.co.in

Ashish Jakhanwala Chairman, MD & CEO

Manav Thadani Non-Executive & Non- Independent Director

* Accor * Interglobe Hotels * Pvt. Ltd. * Pannel Kerr

Forster Consultants Pvt. Ltd.

* Hotelivate Pvt.

Ltd.

* HVS Licensing

LLC

Ajish Abraham Jacob Non-Executive & Non- Independent Director

* Asiya Capital Investments Company K.S.C.P.

* Albazie & Co

(RSM)

* Ernst & Young

Michael David Holland Independent Director

Aditya Jain Independent Director

Archana Capoor Independent Director

LGELELY S LEWED] Independent Director

* Nexus Select Mall

* International

Management * Embassy Office

Parks Management Services Pvt. Ltd.

* Assetz Property Management Services Pvt. Ltd.

< JLL

Market Assessment (India) Pvt. Ltd. * PR Pandit Public

Relations Pvt. Ltd.

* Chemplast Sanmar Ltd.

* Tourism Finance Corporation of India

* Birla Cable Limited ¢ SChand and Company Ltd.

* Sandhar

Technologies Ltd.

* Bank of America ¢ Oracle India

Page 42

Historical Consolidated P&L Summary

Total Income (Xmn)

Consolidated EBITDA (3mn)

PAT (Xmn)

www.sambhi.co.in

11,497

9,787

7,614

6,276

5,836

_______

4,258

3,331

1,793

B B

2,606

2,879

2,161

218

-597

FY20

FY21

FY22

FY23

FY24

FY25

H1FY26

FY20

Fy21

FY22

FY23

FY24

FY25

H1FY26

FY20

FY21

FY22

FY23

FY24

FY25

H1FY26

eHe

Page 43

(2,346)

(3,386)

(2,999)

(4,433)

4,777

Historical Consolidated Quarterly P&L Summary

www.sambhi.co.in

Total Income (¥mn)

Consolidated EBITDA (¥mn)

PAT (Xmn)

3,236

2,987

2,873 2983

2,899

2,733

2,705

2,568

2,232

1,924

1,263

1,132

1,06 1105

008 %2 gg

540

473

998

228

126

192

Q124 Q224 Q324 Q424 Q125 Q225 Q325 Q425 QI'26 Q226

Q124 Q224 Q324 Q424 QI'25 Q225 Q325 Q425 Q126 Q226

Q124 Q224 Q324 Q424 Q125 Q225 Q325 Q425 QI'26 Q226

Page 44

(839)

(ggo)

(744)

G l-O S S a r

Hotel Brand Hyatt Regency™

1 2 Renaissance 3 Sheraton 4 Courtyard by Marriott 5 HyattPlace™ 6 Four Points by Sheraton 7 Fairfield by Marriott 8 Fairfield by Marriott 9 Fairfield by Marriott 10 Fairfield by Marriott 11 Fairfield by Marriott 12 Fairfield by Marriott 13 Fairfield by Marriott 14 Holiday Inn Express 15 Holiday Inn Express 16 Holiday Inn Express 17 Holiday Inn Express 18 Holiday Inn Express 19 Holiday Inn Express 20 Holiday Inn Express 21 Holiday Inn Express 22 Holiday Inn Express 23 Holiday Inn Express 24 Fairfield by Marriott 25 Four Points by Sheraton 26 Fairfield by Marriott 27 Four Points by Sheraton 28 Fairfield by Marriott

Sub-total (Same Store Portfolio)

20 Holiday Inn Express 30 Holiday Inn Express 31 Tribute Portfolio 32 Westin 3w 34 Mid-scale asset! 35 Westin + Fairfield by Marriott?

Sub-total (Others)

Grand Total

Note: Caspia Delhi (142 rooms) was sold in August 2025

® @ ® 1. 54MHi signed a long-term variable lease for ~260 room hotel in Financial District, Hyderabad

2. Subject to execution of definitive agreements

Pune Ahmedabad Hyderabad Bangalore Gurugram Visakhapatnam Bangalore Bangalore Bangalore Coimbatore Chennai Pune Goa Ahmedabad Bangalore Pune Gurugram Pune Hyderabad Nashik Hyderabad Bangalore Chennai Hyderabad Pune Ahmedabad Jaipur Chennai

Greater Noida Kolkata Bangalore Bangalore Hyderabad Hyderabad Navi Mumbai

Location Nagar Road SG Highway Gachibowli Outer Ring Road Udyog Vihar City Center Whitefield City Center Outer Ring Road Airport Sriperumbudur Kharadi Anjuna SG Road Whitefield Hinjewadi Sohna Road Pimpri Hi-tech City Ambad Banjara Hills Tumkur Road Thoraipakkam Gachibowli Viman Nagar Ashram Road City Square Mahindra World Centre

Knowledge Park Rajarhat Whitefield Whitefield HITEC City Financial District MIDC

Operator Hyatt Marriott Marriott Marriott Hyatt Marriott Marriott Marriott Marriott Marriott Marriott Marriott Marriott IHG IHG IHG IHG IHG IHG IHG IHG IHG IHG Marriott Marriott Marriott Marriott Marriott

IHG IHG Marriott Marriott Marriott - Marriott

Segment Upper Upscale Upper Upscale Upscale Upscale Upscale Upper Mid-scale Upper Mid-scale Upper Mid-scale Upper Mid-scale Upper Mid-scale Upper Mid-scale Upper Mid-scale Upper Mid-scale Mid-scale Mid-scale Mid-scale Mid-scale Mid-scale Mid-scale Mid-scale Mid-scale Mid-scale Mid-scale Upper Mid-scale Upper Mid-scale Upper Mid-scale Upper Mid-scale Upper Mid-scale

Mid-scale Mid-scale Upper Mid-scale Upper Upscale Upper Upscale Mid-scale Upper Upscale Upper Mid-scale

www.samhi.co.in

Operating

n/ Rooms _ Renovation

301 155 284 170 176 123 104 148 166 126 153 109 130 130 217 104 205 142 150 101 170 115 149 232 217 147 114 136 2,474 133 113 142 - - - - 388

22 - 22 - - - - - - - 86 - - - - - - - - - - - - - Rebranding - Rebranding - 150 - - Rebranding 220 170 260 ~700 1,350

4,862

6,362

Page 45

Disclaimer

www.sambhi.co.in

This presentation and the accompanying slides (the “Presentation”), which have been prepared by SAMHI Hotels Limited (the “Company”), have been prepared solely for information purposes and do not

constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No

offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.

This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied,

whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not

contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded.

Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements.

Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties

include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the company’s

ability to successfully implement its strategy, the Company’s future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the

Company’s market preferences and its exposure to market risks, as well as other risks. The Company’s actual results, levels of activity, performance or achievements could differ materially and adversely from

results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and

projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections.

The equity shares of SAMHI Hotels Ltd. were listed on National Stock Exchange of India Ltd. (NSE) and BSE Ltd. (BSE) on 22 September 2023. Accordingly, the unaudited standalone and consolidated financial

results for the quarter ended 30 September 2025 has been drawn up in accordance with the requirement of Regulation 33 of the Listing Regulations.

Page 46

SAMHI

Company

SAMHI Hotels Ltd. CIN: L55101DL2010PLC211816

Mr. Gyana Das Executive Vice President & Head of Investments compliance@samhi.co.in

SG A Strategic Growth Advisors

Investor Relations Advisors

Strategic Growth Advisors Pvt. Ltd. CIN: U74140MH2010PTC204285

Mr. Rahul Agarwal/ Ms. Prachi Sharma

+91- 9821438864/ +91- 8881786789

rahul.agarwal@sgapl.net prachi.sharma@sgapl.net

www.sgapl.net

Thank You

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Samhi Hotels Limited has informed the Exchange about Investor Presentation on performance of the Company for the quarter & six months ended 30th September 2025, which is enclosed for your information ...

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