Suba Hotels Hits 100 Hotels and Reports All-Time High Revenue

Suba Hotels has reported its highest-ever financial performance for the year ended March 31, 2026, driven by strong revenue growth and improved profitability. According to its audited financial results, the hospitality chain's total revenue increased 45 per cent year-on-year to Rs 115.89 crore in FY26.

The company posted an EBITDA of Rs 26.82 crore, reflecting a 13 per cent growth over the previous fiscal, while profit after tax (PAT) rose 19 per cent year-on-year to Rs 18.01 crore during FY26, underscoring the brand's sustained operational momentum and expansion-led growth trajectory.

Commenting on the results, Mansur Mehta, Managing Director, Suba Hotels Limited, said: “FY26 has been a landmark year for Suba Hotels as we delivered our highest-ever revenue of ₹115.89 crore while expanding our footprint to over 102 operational hotels, 4,660+ keys, and 73 destinations. These milestones reflect the strength of our business model, the trust of our partners and our ability to consistently execute at scale.”

He further added, “One of the biggest strengths of Suba Hotels is our ability to operate across all five hospitality business models: Management Contracts, Revenue Sharing, Franchising, Asset Ownership and Hybrid Structures. To the best of our knowledge, Suba Hotels is the only listed hospitality company in India with a presence across all five operating models. This provides us with a unique competitive advantage, allowing us to partner with hotel owners in a flexible manner and accelerate expansion across markets and segments.Our growth strategy remains aggressive yet disciplined. As India’s hospitality industry continues to benefit from rising travel demand, increasing tourism, and improving infrastructure, we believe Suba Hotels is well-positioned to capitalize on these opportunities and further strengthen its position as one of the country’s fastest-growing hotel platforms.”

Further commenting on the results, Mubeen Mehta, CEO, Suba Hotels Limited, said: “The scale achieved during FY26 demonstrates the strength of our operating platform and execution capabilities. Revenue grew by 45% during the year, supported by network expansion, improved business volumes and continued traction across our brands and operating formats. While EBITDA and PAT continued to grow, margins were impacted by changes in the GST framework introduced during the year, which resulted in the loss of Input Tax Credit benefits on certain operating expenses. This regulatory change affected the hospitality industry as a whole and led to a higher cost base despite strong underlying business performance. Looking ahead, our focus remains on expanding the portfolio through asset-light models, improving operating efficiencies, and strengthening our presence across high-growth markets. With 102+ operational hotels already in the network and a strong pipeline under development, we are confident in our ability to sustain growth and create long-term value for our stakeholders.”