Suba Hotels Achieves Highest-Ever Total Revenue of ₹115.89 Crore in FY26, Expands Network to Over 102 Operational Hotels

Suba Hotels Achieves Highest-Ever Total Revenue of ₹115.89 Crore in FY26, Expands Network to Over 102 Operational Hotels​

Suba Hotels Limited, a major player in India's mid-market hospitality segment, announced its audited financial results for the fiscal year ending March 31, 2026. The company reported record revenues, highlighting both strong performance metrics and significant operational expansion.

FY26 Key Financial Highlights (Consol)​

The company's financials for the half-year and full-year ended March 31, 2026, show notable growth across key profitability metrics.

Management Commentary and Outlook​

Mansur Mehta, Managing Director of Suba Hotels Limited, noted that FY26 was a landmark year, during which the company achieved its highest-ever revenue of ₹115.89 crore. This success was coupled with expanding its operational footprint to over 102 operational hotels, offering more than 4,660 keys across 73 destinations.

Mehta emphasized the unique strength of Suba Hotels, stating that the company is reportedly the only listed hospitality company in India with a presence across all five operating models: Management Contracts, Revenue Sharing, Franchising, Asset Ownership, and Hybrid Structures. This diverse model provides a competitive advantage for accelerating expansion across various markets and segments.

Mubeen Mehta, CEO of Suba Hotels Limited, further commented that the scale achieved in FY26 demonstrates the robustness of the operating platform. Revenue grew by 45% during the year, driven by network expansion and improved business volumes.

While EBITDA and PAT saw continued growth, Mehta acknowledged that margins were impacted by the changes in the GST framework during the year. The loss of Input Tax Credit benefits on specific operating expenses affected the hospitality industry generally, leading to a higher cost base despite strong underlying business performance.

Looking ahead, the management remains focused on expanding the portfolio through asset-light models, enhancing operational efficiencies, and solidifying its presence in high-growth markets.

Company Overview​

Suba Hotels Limited is positioned as India's 9th largest hotel chain and a fast-growing domestic hotel chain specializing in the mid-market segment. The company offers a mix of upscale, upper midscale, midscale, and economy brands, maintaining a strong presence in Tier 2 and Tier 3 cities. Suba became the exclusive master franchisee of Choice Hotels in India in 2022, bringing globally recognized brands such as Comfort, Clarion, and Quality under its umbrella.

SUBAHOTELS Stock Price Movement​

Shares of Suba Hotels Limited are edging higher to ₹118 as of 2:38 PM today, gaining 1.24% in live trading. The stock saw significant interest, trading a volume of 115,200 shares during the active session.