Senior Director - Corporate Affairs
As filed · General Updates
What happened
FactSenior Director - Corporate Affairs.
Why it matters
CapitSignal interpretationProduction and sales volumes are the operating data behind the next set of reported numbers.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
WithdrawnWe do expect about INR 175 crores to INR 200 crores of capital expenditure during the fiscal year FY 26.
The ballroom renovation actually is a low capex, its about INRS crores between the two renovations.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Volume trend against the prior period
- So we expect that by the same time next year, we would have the hotel fully renovated and rebranded to Courtya (management committed by FY27)
- we had promised that we will go to 3.5x by end of FY 25, and we had given an eventual target of 2.5x being a h (management committed by FY25)
Evidence
- Samhi Hotels Limited has informed the Exchange about its Business Update Note on securing partnership with INGKA Centres for leasing an upscale 162 rooms upscale hotel in Noida is enclosed for your information & records(opens the original filing in a new tab)
- Earlier statement · Q4 FY25
- Latest statement · Q4 FY25
- Earlier statement · Q4 FY25
How CapitSignal classified this
- Reasoning:
- PRODUCTION_UPDATE base 42; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%