- Suba Hotels revenue rises 45 percent to $12.19 million.
- The company crosses 102 operational hotels and 4,660 keys.
- PAT rises 19 percent to $1.89 million in FY26.
The growth was driven by network expansion and higher business volumes across its brands and operating formats, SUBA said in a statement. EBITDA rose 13 percent to $2.82 million, while profit after tax increased 19 percent to $1.89 million in fiscal year 26.
The company reported that EBITDA and PAT continued to grow, but margins were impacted by changes in goods and services tax rules during the year, which removed input tax credit benefits on certain operating expenses. The change affected the hospitality industry and led to higher costs despite strong business performance.
"Fiscal year 2026 has been a landmark year for Suba Hotels as we delivered our highest-ever revenue of $12.19 million while expanding our footprint to over 102 operational hotels, more than 4,660 keys, and 73 destinations,” said Mansur Mehta, Suba Hotels’ managing director. "These milestones reflect the strength of our business model, the trust of our partners, and our ability to consistently execute at scale."
Mubeen Mehta, Suba Hotels’chief executive officer said the scale achieved during the quarter demonstrates the strength of the company’s operating platform and execution capabilities.
“Revenue grew by 45 percent during the year, supported by network expansion, improved business volumes and continued traction across our brands and operating formats,” he said.
The company operates across five hospitality business models, including management contracts, revenue sharing, franchising, asset ownership and hybrid structures. It said it is the only listed hospitality firm in India operating across these five models.
Suba recently expanded its portfolio by opening seven properties across India on Founder’s Day, adding 296 rooms to its network.
