Sinclairs Hotels Ltd. – Company Report
1. Company Overview
Sinclairs Hotels Ltd., founded in 1971, is a pioneering hospitality company headquartered in Kolkata, West Bengal. The company owns and operates a prominent chain of leisure hotels and resorts, with a regional concentration in Eastern and Northeastern India, along with properties in the Andaman Islands and South India. Sinclairs began operations with its inaugural property in Siliguri (1976) and soon expanded to other scenic destinations such as Darjeeling, Dooars, Kalimpong, Burdwan, Gangtok, Port Blair, and Ooty. Its hotels are known for quality service and prime locations catering to both leisure and business travelers. The group is part of the Pressman group, with Navin Suchanti serving as Chairman and Dr. Niren Suchanti as Director. As of 2025, Sinclairs Hotels Ltd. is a public company listed on Indian exchanges, employing over 200 people and managing a diversified portfolio of properties, including the latest expansion into North India and Udaipur.
- Incorporated: 1971
- Headquarters: Kolkata, West Bengal, India
- Key Leadership: Chairman – Navin Suchanti; Director – Dr. Niren Suchanti
- Listed: BSE, NSE
- Properties: 9–10 hotels and resorts across India, including Udaipur, Burdwan, Siliguri, Darjeeling, Kalimpong, Dooars, Ooty, Port Blair, Gangtok, Yangang
- Employees: 200–500
2. Products and Services
Sinclairs Hotels offers a spectrum of hospitality experiences:
Hotels and Resorts: Leisure properties in hill stations (Darjeeling, Kalimpong, Ooty, Gangtok, Dooars), wildlife and plantation retreats, coastal resorts (Port Blair), and city hotels (Siliguri, Burdwan, Udaipur).
Accommodation: ~279 rooms, 17 suites, and 2 villas with modern amenities, panoramic views, and themed décor for varying guest profiles.
Dining and Events: 10+ food & beverage outlets, multi-cuisine restaurants, specialty bars, and 15+ conference/banquet venues for meetings, weddings, and social events.
Wellness and Leisure: Swimming pools, spas, fitness centres, indoor games, sightseeing, curated local experiences at select resorts.
Business and Custom Solutions: Destination conferences, weddings, team-building packages, and tailored MICE (Meetings, Incentives, Conferences, Exhibitions) offerings.
Sustainability: Emphasis on eco-friendly operations and engagement with local communities.
3. Recent News and Financial Performance
Key Highlights:
Expansion into North India (Rajasthan): In a major strategic move, Sinclairs announced its entry into North India by leasing two new properties in Udaipur.
- Sinclairs Udaipur: A 56-room hotel with banquet hall, restaurant, and bar in RK Circle—targeted at corporate and wedding clients. Opening October 2024.
- Sinclairs Palace Retreat Udaipur: A 5-acre estate on Haldighati Road with 90 rooms and 5 cottages, designed for large weddings and conferences. Opening December 2024.
Awards: Multiple Sinclairs properties received the TripAdvisor Travellers’ Choice Award, signaling strong guest satisfaction.
4. Financial Performance (FY2025)
| Metric | FY2025 Value |
|---|---|
| Revenue | ₹59 crore |
| Net Profit | ₹14.0 crore |
| Net Profit Margin | 24% |
| Earnings Per Share (EPS) | ₹2.73 |
| Dividend Payout % | 29% |
| Debt Position | Virtually debt-free |