Suba Hotels Limited (SUBAHOTELS)
SUBAHOTELS delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 100.0% of the SUBAHOTELS shares traded on NSE were taken to delivery, against the stock's own 20-session average of 76.43%. That is higher than usual for this stock. Turnover was only ₹11 lakh, so a handful of trades can move this figure. Volume was 0.4 times its average, well below normal.
Delivery in the last 5 sessions: 77.8% · 100.0% · 63.6% · 80.0% · 100.0%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Suba Hotels Limited submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended September 30, 2026. As of September 30, 2026, the company's total share capital stood at 24,242,516 equity shares across 1,287 shareholders. Dematerialized holdings comprised 17,928,150 shares in NSDL and 5,585,866 shares in CDSL, while 728,500 shares remained in physical form. Additionally, the Registrar and Transfer Agent confirmed zero investor complaints pending or received during the quarter.
- Total share count confirmed at 24,242,516 equity shares as of September 30, 2026
- NSDL demat holdings increased to 17,928,150 shares from 17,793,750 as of June 30, 2026
- CDSL demat holdings stood at 5,585,866 shares, down from 5,720,266 as of June 30, 2026
- Physical shares remained unchanged at 728,500 shares
- Total shareholder count reported at 1,287 with zero investor complaints received or pending
Suba Hotels Limited has operationalized a new 36-room property, 'Quality Inn Serenity', in Lucknow, Uttar Pradesh under a Management Agreement. The hotel features 27 Executive Double Rooms, 6 Executive Twin Rooms, 3 Premium Rooms, along with a multi-cuisine restaurant ('CINNAMON') and a banquet hall. This represents the company's 7th hotel in Lucknow and the 3rd under its Choice Hotels portfolio. Operating via an asset-light management contract, the property aims to tap into business and religious tourism in Uttar Pradesh.
- Opened 36-room hotel comprising 27 Executive Double, 6 Executive Twin, and 3 Premium Rooms
- Marks company's 7th hotel in Lucknow and 3rd under the Choice Hotels portfolio
- Asset-light expansion executed under a Management Agreement
- Property is situated 6 km from Lucknow Airport and 7 km from the railway station
Suba Hotels Limited has submitted the Consolidated Scrutinizer's Report for its 29th Annual General Meeting held on September 30, 2026. A total of 1,64,17,450 votes were polled across remote e-voting and AGM voting, representing 67.72% of total outstanding shares (2,42,42,516 shares). All four ordinary and special resolutions were passed with 100% votes cast in favour and zero votes against.
- Total voter turnout stood at 67.7217% of total share capital (1,64,17,450 votes polled out of 2,42,42,516 shares)
- Promoter group voted 100% of their 1,47,72,150 shares in favour of all resolutions
- Adoption of FY26 Standalone and Consolidated Financial Statements approved unanimously with 100% votes in favour
- Appointment of Ms. Simran Manoj Singh as Independent Director approved via special resolution with 100% votes in favour
Suba Hotels concluded its 29th Annual General Meeting, disclosing key annual performance and portfolio metrics. Revenue from operations increased by 44.3% to ₹11,435.28 lakhs, while EBITDA grew 15.2% to ₹2,681.79 lakhs. However, EBITDA margins contracted by approximately 595 bps to 23.1% due to the disallowance of GST input credits. The company currently operates 105 hotels (4,949 keys), with an active pipeline of 44 hotels (2,667 keys) scheduled to open over the next 36 months.
- Revenue from operations grew 44.3% to ₹11,435.28 lakhs from ₹7,924.32 lakhs
- EBITDA increased 15.2% to ₹2,681.79 lakhs, with margins moderating ~595 bps to 23.1%
- Added 12 hotels with 564 rooms in the prior fiscal year, and already opened 10 hotels (473 rooms) in FY2026-27
- Operational footprint stands at 105 hotels and 4,949 keys, with a 36-month pipeline of 44 hotels and 2,667 keys
Suba Hotels Limited has announced the opening of 'Click Hotel Galaxy', an affordable luxury hotel located at Mylanahalli, Bengaluru, Karnataka. The new property comprises 54 rooms alongside an in-house restaurant named 'CINNAMON' and a gymnasium. This marks the company's seventh hotel in Bengaluru, expanding its footprint across metropolitan hubs. The transaction involves no related party interest.
- Adds 54 rooms in King/Queen and Twin configurations to hotel portfolio
- Marks the 7th hotel property opened by the company in Bengaluru
- Located at Mylanahalli, Bengaluru under the brand 'Click Hotel Galaxy'
- Includes amenities such as in-house restaurant 'CINNAMON' and a fully equipped gymnasium
Suba Hotels Limited has executed a Term Sheet for a Franchise and Management Agreement with BHB Hotels, LLP to manage a 40-key hotel property under the 'Quality Inn' brand in Bodinayakanur, Tamil Nadu. The agreement has a tenure and lock-in period of 10 years, covering management, branding, and marketing. This partnership aligns with the company's asset-light expansion strategy to grow its operational presence in Tamil Nadu. Financial consideration and revenue sharing terms were not disclosed.
- Executed Term Sheet for a 40 guest rooms (keys) hotel property under the 'Quality Inn' brand
- Contract term is 10 years with an identical 10-year lock-in period
- Counterparty is Mr. Pradeep B., representative for BHB Hotels, LLP
- Location is on Chinnamanur – Pulikuthi – Bodinayakanur – Munnar Road, Tamil Nadu
Suba Hotels Limited has issued the notice for its 29th Annual General Meeting scheduled for September 30, 2026, via Video Conferencing. Key agenda items include the adoption of FY2026 standalone and consolidated financial statements, re-appointment of Executive Director and CFO Girish Somnath Bhatt, and the appointment of Simran Manoj Singh as an Independent Director for a 5-year term. Additionally, the company proposes appointing M/s HRU & Associates as Secretarial Auditor for five consecutive years from FY2026-27 to FY2030-31.
- 29th Annual General Meeting to be held on September 30, 2026, at 11:00 AM IST via VC/OAVM
- Proposed appointment of Ms. Simran Manoj Singh as Independent Director for a 5-year term from April 15, 2026
- Re-appointment of Executive Director and CFO Mr. Girish Somnath Bhatt (DIN: 05192309), who retires by rotation
- Appointment of M/s HRU & Associates as Secretarial Auditor for a 5-year term covering FY2026-27 to FY2030-31
Suba Hotels Limited's Board of Directors has approved the appointment of M/s. HRU & Associates, Practicing Company Secretaries, as the company's Secretarial Auditors. The proposed tenure spans a 5-year period starting from FY 2026-27 through FY 2030-31. The appointment remains subject to shareholder approval at the ensuing Annual General Meeting (AGM). This is a routine statutory compliance update with no direct financial impact.
- Appointment of M/s. HRU & Associates as Secretarial Auditors approved on September 8, 2026
- Audit tenure approved for 5 consecutive years from FY 2026-27 to FY 2030-31
- Appointment subject to approval by shareholders at the ensuing AGM
- Board meeting commenced at 6:30 PM and concluded at 6:50 PM
Suba Hotels Limited has executed a term sheet for a Minimum Guarantee and Revenue Sharing Agreement to operate a 42-key hotel property in Govardhan (Mathura district), Uttar Pradesh. The property, branded as 'Comfort Inn' (Shri Girraj Sarovar Hotel), includes 42 guest rooms, one banquet hall, and one restaurant. The agreement spans a tenure of 15 years, with a 10-year binding lock-in period. This move aligns with the company's asset-light expansion strategy across leisure and pilgrimage destinations in India.
- Adds 42 guest rooms (keys), 1 banquet hall, and 1 restaurant to the operating portfolio
- Agreement tenure of 15 years, including a 10-year binding lock-in period
- Operates under the company's 'Comfort Inn' brand at Govardhan, Mathura, Uttar Pradesh
- Asset-light Minimum Guarantee and Revenue Sharing structure signed with property owner Mr. Laxmi Sharman
Suba Hotels reported a strong Q1 FY27 with total revenue rising 34% YoY to ₹26.8 crore, up from ₹20.1 crore. This growth was supported by a 21% increase in operational keys, totaling 4,652, and a 4.89 percentage point improvement in occupancy to 52.98%. The company added 814 operational keys YoY, primarily through franchisee and lease models, while Average Room Rates (ARR) saw a modest 4.3% increase to ₹3,138. Management highlighted that this performance was achieved despite subdued operations in Dubai due to regional conflict.
- Total Revenue increased by 34% YoY to ₹26.8 crore in Q1 FY27
- Operational keys grew by 814 YoY to reach a total of 4,652 keys across 101 hotels
- Occupancy rate improved to 52.98% compared to 48.09% in the previous year
- Committed network pipeline stands at 142 hotels and 7,067 keys, representing a 51.9% growth potential
- 8 hotels were opened during the quarter, a 166% increase in opening pace YoY
Suba Hotels has announced the opening of Quality Inn Bhavishya in Bengaluru's Whitefield area, adding 72 rooms to its portfolio. This property is a collaboration with Choice Hotels International and targets business and leisure travelers in a key commercial hub. The hotel features 72 rooms across three categories and a banquet facility for 70 people. This expansion aligns with the company's asset-light model of franchising and managing third-party properties, bringing its total count to 129+ hotels.
- Addition of 72 rooms across Executive, Club, and Premium categories in Bengaluru
- Strategic location only 0.5 KM from Whitefield, a major commercial and IT hub
- Total portfolio expanded to 129+ hotels and 6,020+ keys across 60 cities
- Includes 'The Senate' banquet hall with a 70-pax theatre-style capacity
- Company has a pipeline of 25+ additional hotels listed as 'opening soon'
Suba Hotels has announced the operational launch of Quality Inn Bhavishya in Brookfield, Bengaluru, adding 72 rooms to its portfolio. This marks the company's 6th operational hotel in Bengaluru and its 2nd under the Quality Inn brand through its partnership with Choice Hotels International. The property operates on a lease/revenue share model, which is an asset-light approach to scaling. Located just 0.5 KM from the Whitefield IT hub, the hotel is positioned to capture high-density business travel demand.
- Addition of 72 rooms consisting of 24 Executive, 30 Premium, and 18 Club rooms
- Expansion of Bengaluru footprint to 6 operational hotels
- Strategic location situated 0.5 KM from Whitefield and 20 KM from SBC Railway Station
- Operational model based on lease/revenue share to minimize capital intensity
- Includes 'The Senate' banquet facility with a 70-pax theatre-style capacity
Suba Hotels Limited has signed term sheets for three new hotel properties under its 'Click Hotel' and 'Comfort Inn' brands, adding a total of 173 guest rooms to its portfolio. The expansion includes a 54-key hotel near Bengaluru Airport, a 60-key property in Dhooma, Madhya Pradesh, and a 59-key hotel near Hyderabad Airport. These agreements follow an asset-light management and franchise model with long-term durations ranging from 10 to 15 years. This move strengthens the company's presence in high-traffic airport catchments and transit corridors.
- Addition of 173 total guest rooms (keys) across three new locations in India
- Long-term management agreements secured for 10 years (Bengaluru), 14.9 years (MP), and 15 years (Hyderabad)
- Strategic focus on airport catchments with 54 keys in Bengaluru and 59 keys in Shamshabad, Hyderabad
- Asset-light expansion model utilizing management fees and revenue-sharing instead of heavy capital expenditure
- Includes significant infrastructure like a 60,000 sq. ft. function lawn at the Madhya Pradesh property
Financial Performance
Financial analysis data not yet available for this company.
Operational Drivers
Capacity Expansion
The company is pursuing an asset-light expansion strategy, focusing on increasing its hospitality footprint through management contracts and owner partnerships rather than heavy capital investment in physical assets.
Strategic Growth
Growth Strategy
The company aims to achieve growth by accelerating an asset-light model, strengthening owner partnerships, and executing high-value acquisitions. This is supported by the appointment of a Senior VP of Business Development with a track record in deal structuring and portfolio expansion across India, the Middle East, and South Asia.
Products & Services
Hospitality services, hotel management contracts, and asset optimization initiatives.
Brand Portfolio
Suba Hotels
Market Expansion
Targeting expansion across key markets in India, the Middle East, and South Asia, leveraging leadership experience from marquee groups like Taj and Chalet Hotels.
Strategic Alliances
Focusing on strengthening owner partnerships to expand the hotel portfolio without direct asset ownership.
External Factors
Industry Trends
The industry is shifting toward asset-light models where operators focus on brand management and service delivery rather than real estate ownership. Suba Hotels is positioning itself to capture this trend by hiring experts in management contracts and feasibility advisory.
Competitive Landscape
Competes with major hospitality groups like Taj Group, Chalet Hotels, and Mahindra Holidays for management contracts and market share.
Competitive Moat
The company's moat is built on strategic leadership and deep domain expertise in hospitality business development and asset management, which allows for better deal sourcing and relationship-driven execution.
Macro Economic Sensitivity
The business is sensitive to hospitality and real estate sector trends, as growth is dependent on market intuition and investment rationale alignment.
Geopolitical Risks
Exposure to regional stability risks in South Asia and the Middle East where the company seeks to expand its footprint.
Regulatory & Governance
Industry Regulations
Operations are subject to hospitality industry standards and local regulations across India, the Middle East, and South Asia.
Risk Analysis
Key Uncertainties
Success of the asset-light expansion depends on the ability to secure and maintain high-quality owner partnerships and management contracts.
Geographic Concentration Risk
Focus is concentrated in India, the Middle East, and South Asia.
Third Party Dependencies
High dependency on hotel owners and partners for the execution of the asset-light growth strategy.
Technology Obsolescence Risk
The company is addressing digital trends by hiring leadership with certification in Business and Data Analytics to support informed decision-making.