Royal Orchid Hotels Limited · NSE:ROHLTD
Royal Orchid Hotels — Q3 FY2022-23 Earnings Presentation
49 slides from Royal Orchid Hotels's earnings presentation, Feb 13, 2023
Slide 1: Revised Investors Presentation filing letter
Date: February 13, 2023 To, To, The Manager, The Manager, Department of Corporate Services, Department of Corporate Services, Bombay Stock Exchange Limited National Stock Exchange of India Floor 25, P. J. Towers, Limited, Dalal Street, Exchange Plaza, Plot no. C/1, G Block Mumbai – 400 001 Bandra Ku
Slide 2: Royal Orchid Hotels Ltd. Q3 & 9 Months Ended 2022-23
Royal Orchid Hotels Ltd. Q3 & 9 Months Ended 2022-23
Slide 3: Disclaimer
Disclaimer Statements made in this Presentation describing the Company’s objectives, projections, estimates, predictions and expectations may be ‘forward-looking statements’, within the meaning of applicable securities laws and regulations. As ‘forward-looking statements’ are based on certain assump
Slide 4: Table of Contents
Table of Contents Industry Overview 01 Company Overview 02 03 Business Overview Financial Overview 04
Slide 5: Industry Outlook
Industry Outlook PROPOSED BRANDED HOTEL ROOMS ACROSS MAJOR CITIES 2020 / 21 2025 / 26 17931 17435 15892 15181 14330 13901 9969 9655 9061 7827 7718 7626 7420 7299 7039 6915 5714 5643 5442 4933 4817 3878 3878 2562 2045 1423 AGRA A H ME D A B A D B E N G A L U R U C H E N N A I N EW D E L H I G U R U G
Slide 6: Key Growth Drivers
Key Growth Divers Robust Attractive Policy Boosting Demand Opportunity Support Hospitality International tourist Government has allocated Under the Budget 2022-23, Diverse portfolio of with arrivals in India expected 100% FDI in Tourism & the government has focus on niche tourism to reach 30.5 milli
Slide 7: Key Industry Challenges
Key Industry Challenges Competition Infrastructure Entry of Travel Limited land availability at aggregators intensifies competitive landscape 01 the desired location Rising property prices 04 02 Regulatory Funding Delays in getting 03 Increasing cost of debt approvals and licenses leading to increas
Slide 8: Company Overview
Company Overview WHO OUR MANAGEMENT OUR WE ARE? JOURNEY TEAM PRESENCE
Slide 9: Who we are?
Who we are? SERVICE APARTMENTS Royal Orchid Suites Regenta Suites 4 STAR RESORT / HERITAGE • Royal Orchid Hotel Ltd (ROHL) was incorporated Royal Orchid Central Royal Orchid Resort Regenta Resort in 1986 under the name of Universal Resorts Ltd. Regenta Central • Promoted by Mr. Chander K Baljee 5 ST
Slide 10: Our Journey
Our Journey 78+ Hotels First Hotel 19 Hotels Across India Hotel Royal Orchid Across India 01 19 78+ 2001 2006-07 2012-13 2018-19 TODAY Corporate HQ 07 Hotels 07 40+ 40+ Hotels Across India
Slide 11: Our presence: hotels, rooms and restaurants
UOC OQunmeresence 78+ 4805+ 150+ Hotels & Resorts in Luxury Rooms, Specialty & All day Dining 49+ Locations Villas & Premium Suites Restaurants 20+ Leisure Destinations 30+ Business Destinations 16+ Wedding Destinations ry
Slide 12: ROHL Vision
ROHL Vision Our Vision is to operate 100+ profitable and responsible hotels where guests love to stay, dine and celebrate. We wish to create hotels which have a soul, a reflection of our distinctly warm Indian Hospitality. In this journey towards 100 hotels, we will also empower the youth of our cou
Slide 13: Board of Directors
Non-Executive Directors Board of Directors Mr. Sunil Sikka Managing Partner of Houzz N Dezins a leading Floor covering sourcing solutions provider. Mr. Keshav Baljee Co-promoter of Royal Orchid Hotels Limited also founder of Spree Hotels, which is one of India's fastest growing and most loved mid- m
Slide 14: Management
> Management S. &. %. &. Mr. Amit Jaiswal Chief Financial Officer Over 30+ years of exp in Finance with Manufacturing & Hotel Industry Mr Vijay Krishnan Vazhvelil VP Operations (South) Over 25+ years of experience with Oberoi Hotels, Starwood Hotels, Hyatt Hotels & American Express. Mr. Shiwam Verma
Slide 15: Awards and recognition
hotelier > HALL OF >) FAME 2021 Mr. Chander Baljee, was inducted into HOTELIER INDIA’S CEO POWERLIST, 2021 “LIFETIME ACHIEVEMENT AWARD’ conferred by International Hospitality Council in Association with IIHM Bangalore, 2019
Slide 16: Awards
[/\WEIFCIS The group has bagged many awards including The National Tourism Award 2008-09 organized by the Ministry of Tourism, Top 50 Brands for 2014 and 2015 by Paul Writer and most recently, the following: Mr Chander Baljee awarded Best Contribution to the Hospitality Industry by the South India H
Slide 17: Business Overview
Business Overview Our Business Structure Our Business Model Our Offerings Competitive Advantage
Slide 18: Our Business Structure
Our Business Structure Owned hotels By Business Leased Hotels Portfolio Managed & Franchised Hotels Royal Orchid Hotels Limited (ROHL) By Legal Entity Subsidiaries Companies
Slide 19: Our Business Model - Asset Light Model
Our Business Model -Asset Light Model Steadily gaining strong foothold through focus on Management contracts which will lead to high growth Facilitates expansion No upfront plans and ramping up requirement of presence 01 capex 05 Key 02 Creates brand Maintenance Capex factors required - Minimal visi
Slide 20: Portfolio
Revenue Model Managed / Category Owned Leased JV Total Franchise Portfolio Asset 5 Star 268 - 139 - 407 4 Star - 323 130 1895 2348 Service Apartment - 67 - 159 226 Resort/Heritage/MI - 101 54 631 786 CE 3 Star / Budget _ 83 - 955 1038 Total Keys 268 574 323 3640 4,805
Slide 21: Growth in rooms
Growth in rooms 7000 5,940 6000 5,450 5,010 5000 4,775 4,763 4,358 3,980 3,980 4000 3,733 2,988 3000 2000 1000 591 591 591 591 591 574 439 439 439 501 0% 17% 10% 10% 0 Owned Leased / JV Managed TOTAL 2018-19 2019-20 2020-21 2021-22 2022-23 % Growth + Signed + Signed + Signed + Signed + Signed Hotels
Slide 22: Property breakup with rooms
Property breakup with rooms No of Keys FY21-22 Q3 of FY21-22 Q3 of FY22-23 9M of FY22-23 Management / Franchisee Contracts 3,258 52 185 3,640 Leased 396 - 73 574 Owned (Domestic) 195 - - 268 Owned (Overseas) - - - - JV 433 - - 323 Total KEYS 4,282 52 258 4,805 Average Occupancy (JLO) 57% 75% 76% 77%
Slide 23: Upcoming Hotels by 2023
Upcoming Hotels by - 2023 SI No Hotel Name City / Location 1 Regenta Inn Bannerghatta, Bangalore 2 Regenta Resort Coorg, Karnataka 21+ 3 Regenta Resort Gulbarga, Karnataka 4 Regenta Inn HRBR , Bangalore 5 Regenta Inn Kormangala, Bangalore 6 Regenta Inn Nellore 7 8 Regenta Inn Regenta Inn Gangtok Dig
Slide 24: Competitive Advantage
Competitive Advantage Balanced portfolio Strong sales presence Affordable luxury having having presence in across major source plethora of options for over 49 locations and markets in India modern travelers 11 states
Slide 25: Financial Overview
Financial Overview Quarterly & Half Year Consolidated Income Highlights and Margins Statement & Balance Shareholding Financial results Sheet snapshot
Slide 26: Consolidated Quarter and 9 Months Ended 22-23 highlights
₹ In Crore Consolidated Quarter and 9 Months Ended 22 -23 highlights 100.00 Total revenues EBITDA PAT 76.53 80.00 63.17 60.00 55.20 40.00 27.74 Quarterly 20.00 13.98 20.45 9.28 19.08 5.74 - Q3 FY22-23 Q2 FY22-23 Q3 FY21-22 Revenue from operations EBITDA PAT 250 203.15 200 150 108.98 9M 22-23 & 21-22
Slide 27: Standalone Quarter highlights
₹ In Crore Standalone Quarter highlights 60.00 Total revenues EBITDA PBT PAT 50.00 48.39 40.12 40.00 29.29 30.00 20.00 17.36 13.30 11.54 10.00 8.19 8.03 8.98 5.92 4.80 1.80 - Q3FY22-23 Q2FY22-23 Q3FY21-22
Slide 28: Consolidated Quarterly and 9 Months Profits
₹ In Crore Consolidated Consolidated Quarterly Profits Profits 9 Months EBITDA PBT PAT EBITDA PBT PAT 30.00 80.00 27.74 72.22 70.00 25.00 60.00 20.45 20.00 19.21 19.08 50.00 47.39 15.00 13.98 40.00 12.50 34.90 10.44 9.28 30.00 26.12 10.00 5.74 20.00 5.00 10.00 - Q3 FY22-23 Q2 FY22-23 Q3 FY21-22 - 9M
Slide 29: Standalone financials for Quarter and 9 Months Ended 22-23
₹ In Crore Standalone financials for Quarter and 9 Months Ended 22-23 Particulars Q3FY22-23 Q2FY22-23 Q3FY21-22 9M FY 22-23 9M FY 21-22 - Room nights 26.79 22.37 14.12 71.07 28.65 - Food and beverages 15.89 12.37 11.65 41.23 22.89 - Other services 4.11 2.82 2.80 10.13 5.03 Income from Operations 46.
Slide 30: Consolidated financials for Quarter and 9 Months Ended 22-23
₹ In Crore Consolidated financials for Quarter and 9 Months Ended 22-23 Particulars Q3FY22-23 Q2FY22-23 Q3FY21-22 9M FY22-23 9M FY21-22 - Room nights 38.38 32.36 27.31 103.21 51.62 - Food and beverages 25.47 19.34 19.23 65.28 36.13 - Other services 8.64 6.36 6.24 22.51 11.24 Income from Operations 7
Slide 31: Consolidated Assets & Liabilities – Snapshot As on December 22
₹ In Crore Consolidated Assets & Liabilities – Snapshot As on December 22 Particulars As at Dec. 2022 As at Mar 2022 Assets Property, plant and equipment 113.41 114.48 Capital work-in-progress 1.22 0.39 Goodwill 17.64 17.64 Right-of-use assets 75.65 60.49 Other intangible assets 0.07 0.12 Other non-
Slide 32: Shareholding
Shareholding Others 29% Promoter 63.60 Foreign Portfolio Investors 4.72 Bodies Corporate 2.16 Others 29.52 Total 100 Bodies Corporate 2% Promoter 64% Foreign Portfolio Investors 5%
Slide 33: Our Holiday Destinations
Our Holiday Destinations Goa « Bangalore * Mysore Hampi « Belagavi « Nashik Bharatpur * Bhuj Jaipur Lonavala * Mahabaleshwar Mussoorie * Manali » Pushkar Ranthambore « Srinagar Rishikesh * Shimla » Haridwar Udaipur
Slide 34: Our Wedding Destinations
Complimentary Honeymoon Package & Bridal Suite Our Wedding Destinations Goa « Bangalore Ranthambore « Jaipur Mussoorie » Mahabaleshwar Nagpur - Pushkar Bharatpur + Bhuj
Slide 35: Our Business Destinations
Our Business Destinations Ahmedabad * Bangalore Bharuch * Chandigarh * Chennai Dahej + Indore + Jaipur + Kolkata Kanpur « Ludhiana * Mysore Noida * Navi Mumbai « Nashik Nagpur + Pune « Rajkot - Shimoga * Vadodara * Vapi
Slide 36: Our Wildlife Destinations
Our Wildlife Destinations Ranthambore Pench National Park Kabini
Slide 37: Hotel Royal Orchid, Bangalore
Hotel Royal Orchid, Bangalore
Slide 38: Royal Orchid Brindavan Garden Palace & Spa, Mysore
Royal Orchid Brindavan Garden Palace & Spa, Mysore
Slide 39: Royal Orchid Resort & Convention Centre, Bangalore
Royal Orchid Resort & Convention Centre, Bangalore
Slide 40: Hotel Royal Orchid, Jaipur
Hotel Royal Orchid, Jaipur ~ =
Slide 41: Royal Orchid Central, Hampi, Hospet
Royal Orchid Central, Hampi, Hospet
Slide 42: Regenta Resort, Belagavi
Regenta Resort, Belagavi
Slide 43: Regenta Kabini Springs Resort, Kabini
Regenta Kabini Springs Resort, Kabini
Slide 44: Regenta Resort & Spa Mashobra, Shimla
Regenta Resort & Spa Mashobra, Shimla
Slide 45: Regenta Resort, Vanya Mahal, Ranthambore
Regenta Resort, Vanya Mahal, Ranthambore
Slide 46: Royal Orchid Fort Resort, Mussoorie
Royal Orchid Fort Resort, Mussoorie
Slide 47: Royal Orchid Beach Resort & Spa, Goa
Royal Orchid Beach Resort & Spa, Goa
Slide 48: Regenta Inn, Manali
Manali Regenta Inn, Manali
Slide 49: Thank You
Thank You
Royal Orchid Hotels — Q3 FY2022-23 Earnings Presentation on 6ix