Royal Orchid Hotels Limited · NSE:ROHLTD
Royal Orchid Hotels — Q3 FY26 Earnings Presentation
54 slides from Royal Orchid Hotels's earnings presentation, Feb 16, 2026
Slide 1: Cover letter: Revised Investors Presentation to exchanges
Date: February 16, 2026 To, To, The Manager, The Manager, Department of Corporate Services, Department of Corporate Services, Bombay Stock Exchange Limited National Stock Exchange of India Limited, Floor 25, P. J. Towers, Exchange Plaza, Plot no. C/1, G Block Dalal Street, Bandra Kurla Complex, Band
Slide 2: Royal Orchid Hotels Ltd. Q3 & 9M FY26 Investor Presentation
Regenta Resort, Ranthambore ROYAL ORCHID HOTELS LTD. Q3 & 9M - FY26 Investor Presentation Refer to Disclaimer 1
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 assum
Slide 4: A House of Brands: A Hotel Brand for Every Personality
A HOUSE OF A HOTEL BRAND FOR EVERY PERSONALITY Hotels & Resorts Boutique hospitality Warm, familiar set to redefine peppered with local midscale upscale hospitality experiences hotels and resorts Youthful, energetic, The everywhere budget hotel value-priced, brand to explore every and modern hospita
Slide 5: Table of Contents
TABLE OF CONTENTS i) Q3 & 9M FY26 Performance ii) The Big Picture iii) Company Overview Hotel Royal Orchid, Bangalore INVESTOR PRESENTATION 4
Slide 6: Q3 & 9M FY26 Performance Highlights
Q3 & 9M FY26 PERFORMANCE HIGHLIGHTS INVESTOR PRESENTATION 5
Slide 7: Key Highlights Q3FY26
KEY HIGHLIGHTS Q3FY26 CONSOLIDATED Q3 FY26 PERFORMANCE HIGHLIGHTS Income from Operation Room Nights Revenue EBITDA Growth +26.6% YoY +45% YoY +13.8% YoY JLO Hotels Managed Hotels Occupancy: 68% | ARR: ₹6,972 (+10.3% YoY) Occupancy: 68% | ARR: ₹4,454 (+4.7% YoY) Cash Profit (Ex-Iconiqa): ₹23.3 cr ICO
Slide 8: Key Performance Summary Q3FY26
KEY PERFORMANCE SUMMARY Q3FY26 CONSOLIDATED (₹ IN CRORE) Particulars ROHL (Consolidated) ICONIQA ROHL (Excluding ICONIQA) IndAS Non IndAS IndAS Non IndAS IndAS Non IndAS Total Income 117.9 117.2 17.4 16.8 100.5 100.4 EBITDA 34.8 23.8 4.2 (1.0) 30.6 24.8 Depreciation 11.3 2.7 5.5 0.5 5.8 2.2 Finance
Slide 9: Q3 & 9M FY26 Performance Highlights (Consolidated)
Q3 & 9M FY26 PERFORMANCE HIGHLIGHTS CONSOLIDATED (₹ IN CRORE) 117.9 Q3FY25 Q2FY26 Q3FY26 94.9 86.8 QUARTER 34.8 30.6 ENDED 20.8 21.5 18.1 10.3 9.6 4.4 4.3 Total Revenue EBITDA PBT PAT 9MFY25 9MFY26 287.5 250.8 9 MONTHS ENDED 71.3 79.3 43.1 29.4 34.4 25.1 Total Revenue EBITDA PBT PAT INVESTOR PRESENT
Slide 10: Q3 & 9M FY26 Performance Highlights (Consolidated table)
Q3 & 9M FY26 PERFORMANCE HIGHLIGHTS CONSOLIDATED (₹ In Crore Except EPS) Particulars Q3FY25 Q2FY26 Q3FY26 Q-o-Q Y-o-Y 9MFY25 9MFY26 Y-o-Y Room nights 43.6 43.4 63.2 45.6% 45.0% 117.6 146.1 24.2% Food and beverages 33.5 25.2 36.3 43.7% 8.3% 84.0 87.8 4.5% Other services 12.2 10.5 13.5 28.5% 10.8% 31.
Slide 11: Q3 & 9M FY26 Performance Highlights (Standalone)
Q3 & 9M FY26 PERFORMANCE HIGHLIGHTS STANDALONE (₹ IN CRORE) Q3FY25 Q2FY26 Q3FY26 57.9 59.8 49.6 QUARTER ENDED 16.7 17.9 12.8 10.6 9.0 5.1 8.0 3.9 6.7 Total Revenue EBITDA PBT PAT 9MFY25 9MFY26 158.9 157.9 9 MONTHS ENDED 47.5 41.5 24.7 18.9 18.6 14.2 Total Revenue EBITDA PBT PAT INVESTOR PRESENTATION
Slide 12: Q3 & 9M FY26 Performance Highlights (Standalone table)
Q3 & 9M FY26 PERFORMANCE HIGHLIGHTS STANDALONE (₹ In Crore Except EPS) Particulars Q3FY25 Q2FY26 Q3FY26 Q-o-Q Y-o-Y 9MFY25 9MFY26 Y-o-Y Room nights 31.0 29.9 35.4 18.1% 14.2% 84.1 93.7 11.4% Food and beverages 21.5 16.1 20.2 25.5% -5.8% 53.5 53.0 -0.8% Other services 4.5 2.3 3.1 36.1% -30.0% 12.6 7.
Slide 13: Consolidated Financial Results (With & Without IndAS)
CONSOLIDATED FINANCIAL RESULTS (WITH & WITHOUT INDAS) Q3 & 9M FY26 (₹ In Crore Except EPS) With INDAS Without INDAS Particulars Q3FY25 Q2FY26 Q3FY26 9MFY25 9MFY26 Q3FY25 Q2FY26 Q3FY26 9MFY25 9MFY26 Total Income 94.9 86.8 117.9 250.8 287.5 94.7 86.6 117.2 250.5 286.5 EBITDA 30.6 20.8 34.8 71.3 79.3 2
Slide 14: Standalone Financial Results (With & Without IndAS)
STANDALONE FINANCIAL RESULTS (WITH & WITHOUT INDAS) Q3 & 9M FY26 (₹ In Crore Except EPS) With INDAS Without INDAS Particulars Q3FY25 Q2FY26 Q3FY26 9MFY25 9MFY26 Q3FY25 Q2FY26 Q3FY26 9MFY25 9MFY26 Total Income 57.9 49.6 59.8 158.9 157.9 57.6 49.4 59.6 158.3 157.2 EBITDA 17.9 12.8 16.7 47.5 41.5 13.2
Slide 15: ICONIQA Mumbai Financial Results (With & Without IndAS)
ICONIQA MUMBAI FINANCIAL RESULTS (WITH & WITHOUT INDAS) Q3 & 9M FY26 (₹ In Crore ) With INDAS Without INDAS Particulars Q2FY26 Q3FY26 9MFY26 Q2FY26 Q3FY26 9MFY26 Total Income 3.3 17.4 20.7 3.2 16.8 20.1 EBITDA (1.4) 4.2 2.3 (1.4) (1.0) (2.9) Depreciation * 2.3 5.5 7.9 0.1 0.5 0.6 EBIT (3.7) (1.4) (5
Slide 16: Standalone & Consolidated Cash Profit
STANDALONE & CONSOLIDATED CASH PROFIT Q3 & 9M FY26 (₹ IN CRORE) QUARTER ENDED 9 MONTHS ENDED Q3FY25 Q2FY26 Q3FY26 9MFY25 9MFY26 23.2 50.0 49.3 20.9 30.8 11.9 12.1 26.6 11.0 8.1 Standalone Consolidated Standalone Consolidated INVESTOR PRESENTATION 15
Slide 17: Consolidated Revenue Break-up
CONSOLIDATED REVENUE BREAK-UP (INCLUDING ASSOCIATE) Q3 & 9M FY26 (₹ IN CRORE) QUARTER ENDED 9 MONTHS ENDED Q3FY25 Q2FY26 Q3FY26 9MFY25 9MFY26 71.1 162.7 50.5 48.2 132.5 36.7 39.1 95.6 93.1 27.8 27.1 9.1 9.5 7.5 23.8 3.4 3.2 4.2 7.8 10.5 Room Food and Other Managed Room Food and Other Managed Night b
Slide 18: Standalone Revenue Break-up
STANDALONE REVENUE BREAK-UP Q3 & 9M FY26 (₹ IN CRORE) QUARTER ENDED 9 MONTHS ENDED Q3FY25 Q2FY26 Q3FY26 9MFY25 9MFY26 94.2 84.1 53.5 52.5 35.9 31.0 29.9 21.5 19.7 16.1 5.1 8.4 4.2 2.8 1.9 1.5 2.0 2.6 0.8 1.1 Room Food and Other Managed Room Food and Other Managed Night beverages services Hotels Nigh
Slide 19: Consolidated Segment Wise Revenue Break-up
CONSOLIDATED SEGMENT WISE REVENUE BREAK-UP (INCLUDING ASSOCIATE) Q3 & 9M FY26 (₹ IN CRORE) QUARTER ENDED 9 MONTHS ENDED Q3FY25 Q2FY26 Q3FY26 9MFY25 9MFY26 56.6 125.5 37.1 36.0 97.1 33.3 34.1 87.0 88.0 27.2 23.6 20.1 55.2 49.3 16.0 9.5 27.1 9.1 23.8 7.5 Owned Lease / Revenue Joint Venture/ Managed ho
Slide 20: Source Wise Room Revenue
SOURCE WISE ROOM REVENUE (INCLUDING MANAGED HOTELS) Q3 & 9M FY26 (₹ IN CRORE) QUARTER ENDED 9 MONTHS ENDED Q3FY25 Q2FY26 Q3FY26 9MFY25 9MFY26 222.3 85.9 189.3 74.4 61.9 144.9 62.8 116.2 99.5 42.2 35.8 89.2 41.8 37.8 26.0 3.0 15.0 11.9 3.1 6.5 3.3 1.3 2.2 7.4 3.8 ROHL Travel National Sale Direct Othe
Slide 21: Segment Wise Room Revenue
SEGMENT WISE ROOM REVENUE (INCLUDING MANAGED HOTELS) Q3 & 9M FY26 (₹ IN CRORE) Q3FY25 Q2FY26 Q3FY26 106.2 88.2 84.2 QUARTER 63.2 ENDED 52.7 39.5 11.9 7.9 11.7 9.1 9.4 4.9 Business Leisure Bleisure Pilgrimage 9MFY25 9MFY26 270.9 238.9 9 MONTHS 137.1 156.9 ENDED 26.4 28.0 20.7 19.8 Business Leisure Bl
Slide 22: Today Our Presence
TODAY OUR PRESENCE 168+ Hotels & Resorts in 80+ Locations 55+ Business Destinations (including upcoming) 10,700+ Total Keys 20+ Wedding Destinations (Including Upcoming) 7,510+ Operational Rooms 4+ Wildlife Destinations 180+ Specialty & All-day 45+ Leisure Destinations Royal Orchid Metropole, Mysore
Slide 23: Growth in Rooms
GROWTH IN ROOMS 10,700 * 9,583 8,456 * 8,223 7,724 6,520 6,478 FY22 FY23 5,313 5,450 FY24 FY25 4,358 FY26 1,620* 1,112 1,268 591 591 591 591 624 501 574 Owned / JV Leased / Revenue Share Managed / Franchise TOTAL *Includes Signed Hotels INVESTOR PRESENTATION 22
Slide 24: New Hotels Added in Q3 FY26
NEW HOTELS – ADDED IN – Q3 FY26 SI No Hotel Name City / Location Keys Format 4 HOTELS 1 Regenta Resort Khatu Shyam 120 Managed 2 Regenta, Science Centre Bhuj 59 Managed 3 Regenta Place Candolim, Goa 36 Franchise 263 4 Regenta Place Ahmedabad 48 Franchise KEYS INVESTOR PRESENTATION 2 2323
Slide 25: Upcoming Hotels
UPCOMING HOTELS SI No Hotel Name City / Location Owned / Managed / Franchise 1 Regenta Tirupati Managed 2 Regenta Z Vijayawada Managed 3 Regenta Resort Kushal Nagar, Coorg Managed 4 Regenta Z Kondapur, Gachibowli Franchise 5 Regenta Place Hyderabad Franchise 6 Regenta Inn Tezpur Assam Managed 7 Rege
Slide 26: Segment Wise Occupancy, ARR & Keys
SEGMENT WISE OCCUPANCY, ARR & KEYS Segment Q3 FY25 Q2 FY26 Q3 FY26 9M FY25 9M FY26 Average Occupancy (JLO) 69% 67% 68% 69% 68% Average Room Rate (JLO) (Rs) 6,318 5,479 6,972 5,538 6,046 Average Occupancy (Managed) 67% 54% 68% 62% 60% (Portfolio) Average Room Rate (Managed) (Rs) 4,254 3,552 4,454 3,9
Slide 27: Guest Break-up
GUEST BREAK-UP (In Nos) Guest Break Up % Q3FY25 Q2FY26 Q3FY26 9MFY25 9MFY26 Domestic Guests 1,03,326 1,20,075 1,22,851 3,22,884 3,51,966 (Numbers) Foreign Guests 12,781 8,668 17,877 36,620 38,834 (Numbers) Total (Numbers) 1,16,107 1,28,743 1,40,728 3,59,504 3,90,800 88.99% 93.27% 87.30% 89.81% 90.06
Slide 28: Consolidated Cost as a % of Total Income
CONSOLIDATED COST AS A % OF TOTAL INCOME (₹ In Crore) Particulars Q3FY25 Q2FY26 Q3FY26 9MFY25 9MFY26 Raw Material Costs as a % of F&B Revenue F&B Revenue 33.5 25.2 36.3 84.0 87.8 Raw Material Cost 9.0 7.3 10.1 23.4 24.7 % of Revenue 27.0% 29.0% 27.8% 27.9% 28.2% Payroll Costs as a % of Revenue Reven
Slide 29: Asset Portfolio Mix – As on Date
ASSET PORTFOLIO MIX – AS ON DATE Managed / CATEGORY Owned Leased JV Total Franchise 5 Star 273 292 139 - 704 4 Star 130 395 - 2,419 2,944 Service Apartment - 115 - 71 186 Resort/Heritage/MICE - 154 82 1,247 1,483 3 Star / Budget _ 83 - 2,110 2,193 Total KEYS 403 1,039 221 5,847 7,510 INVESTOR PRESEN
Slide 30: The Big Picture
THE BIG PICTURE Empowering Transforming Asset Light Change Today Model INVESTOR PRESENTATION Regenta Resort, Ranthambore 29
Slide 31: Empowering Change: Who We Are
EMPOWERING CHANGE: WHO WE ARE INVESTOR PRESENTATION 30
Slide 32: Key Business Pointers
KEY BUSINESS POINTERS Momentum (FY26) 9 MONTHS ENDED FY26 Financials (Consolidated) Portfolio 14.6% 11.3% 47 Upcoming Hotel Signings Revenue Growth YoY EBITDA Growth YoY ---------------------------------------- --------------------------------------- 04 New Hotel Openings Strategy Driving Future Gro
Slide 33: High Quality Performance Benchmarks
HIGH QUALITY PERFORMANCE BENCHMARKS ROE Comparison with Peers Total Room Comparison with Peers 11,772 19% 19% 19% 19% 10,700 18% 6% 6% 3,389 2,100 825 1,362 784 ROHL Comp.1 Comp.2 Comp.3 Comp.4 Comp.5 Comp.6 *ROHL Comp.1 Comp.2 Comp.3 Comp.4 Comp.5 Comp.6 *Incl Signed Hotels Source: Screener.in Disc
Slide 34: Vision 2030
VISION 2030 FY26 FY30 121+ Hotels 345+ Hotels 10,700 Keys 22,000+ Keys 33 INVESTOR PRESENTATION 33
Slide 35: Phase 1: Foundation & Growth; Phase 2: Shaping Tomorrow
PHASE 1: FOUNDATION & GROWTH (2001 – 2024) Began as an Indian hospitality brand with a Expanded from a single property in Bangalore Created a versatile brand portfolio with offerings Built a strong presence across business, vision to bring warm Indian hospitality to to a diverse portfolio of 100+ ho
Slide 36: What Will Drive Vision 2030
WHAT WILL DRIVE VISION 2030 Clearly Smart Return on defined Brand Execution Invested Architecture Capital ICONIQA is the foundation for Vision 2030 INVESTOR PRESENTATION 35
Slide 37: Brand Architecture
BRAND ARCHITECTURE Absolute Revenue +8 Hotels +27 Hotels Absolute Profit +30 Investment +50 Hotels Hotels +120 Hotels Franchise Franchise Flexi Lease Flexi Lease Owned Managed Managed Managed Flexi Lease Managed INVESTOR PRESENTATION Note: Addition in Hotels post FY25 36
Slide 38: Turning Loyalty into Lasting Value
TURNING LOYALTY INTO LASTING VALUE A TECH-DRIVEN LOYALTY PROGRAM THAT INCREASES REVENUE & GUEST ENGAGEMENT The Regenta Rewards is a Pre-Redemption for Stay seamless, tech-powered solution Guests can use points to book and that boosts guest engagement upgrade their stay in advance, ensuring a and dri
Slide 39: ICONIQA - Redefined Landscape
ICONIQA - REDEFINED LANDSCAPE Upscale Lifestyle Hotel Near T2 International Airport, Mumbai Strategically located just 2 minutes from the T2 Airport Terminal at ICONIQA Mumbai, making it an ideal stay for business and leisure travelers. Well-connected to Mumbai’s business hubs, shopping districts, a
Slide 40: Regenta Resort, Khatu Shyam
120 KEYS Regenta Resort, Khatu Shyam Located just 2 km from the sacred Khatu Shyam Ji Temple, Regenta Anantam Regenta operational since Resort offers a serene blend of comfort, elegance, and heartfelt hospitality. With 120 beautifully designed rooms and suites, versatile event spaces, and pure-veg U
Slide 41: Regenta Place, Ahmedabad
48 Regenta Place, Ahmedabad KEYS Regenta Place Ahmedabad is a midscale hotel in Bodakdev, near Sindhu Bhavan Regenta Place Operational Since Road, offering an elegant urban retreat and warm hospitality. It provides seamless access to SG Highway and is a practical choice for business travelers, famil
Slide 42: Regenta Science Centre, Bhuj
59 Regenta Science Centre, Bhuj Regenta KEYS Nestled beside the scenic Bhujio Dungar (Bhujia Hill), Regenta Science Centre, Bhuj offers an elegant blend of contemporary comfort and traditional hospitality. Upscale Hotel Operational Since Recognised among the best hotels in Bhuj, it serves as a tranq
Slide 43: Smart Blend of Asset Light & Flexi Lease Hotels
SMART BLEND OF ASSET LIGHT & FLEXI LEASE HOTELS INVESTOR PRESENTATION 42
Slide 44: Our Business Structure
Royal Orchid Hotels Limited (ROHL) OUR BUSINESS By Legal Entity By Business Portfolio STRUCTURE Subsidiaries Managed & Leased Owned Companies Franchised Hotels Hotels hotels INVESTOR PRESENTATION 43
Slide 45: Asset Light Business Model
ASSET LIGHT BUSINESS MODEL + Steadily gaining strong foothold through focus on + Management contracts which will lead to high growth Steadily gaining strong foothold through focus on Management contracts which will lead to high growth Regenta Central, Candolim, Goa KEY FACTORS 01 Maintenance Capex r
Slide 46: Competitive Advantage
COMPETITIVE ADVANTAGE Balanced portfolio having presence in over 80+ locations and 19 states Strong Sales Presence across major source markets in India Royal Orchid Metropole, Mysore Versatile Asset Portfolio a brand for every personality INVESTOR PRESENTATION 45
Slide 47: Company Overview
COMPANY OVERVIEW Regenta Place, Dalhousie WHO WE ARE? OUR JOURNEY MANAGEMENT TEAM OUR PRESENCE INVESTOR PRESENTATION 46
Slide 48: An Indian Brand, for an India Story
AN INDIAN BRAND, FOR AN INDIA STORY Srinagar Ladakh Dalhousie Royal Orchid Hotels Ltd is among India’s fastest growing hotel groups Mashobra Shoghi Dharmshala operating across categories and geographies. Shimla McLeod Ganj Manali Amritsar Gurugram Mohali Phagwara Ambala Chandigarh Royal Orchid owns,
Slide 49: ROHL Vision
ROHL VISION “ Our Vision is to operate 350+ 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, we will also empower the youth of our country. The ones wh
Slide 50: Non-Executive and Independent Directors
NON-EXECUTIVE DIRECTORS Mr. Keshav Baljee Co-promoter of Royal Orchid Hotels Limited, designated partner of Kensington Villas LLP - also founder of Spree Hotels, which is one of India's fastest growing and most loved mid-market hotel brand. Mr. Chander Baljee, Chairman & Managing Director Mrs. Sunit
Slide 51: Management
MANAGEMENT Mr. Saravanan Dhanabalu Mr. Naveen Sharma VP Operations (South) Sr VP Sales 30 years of vast experience 29+ Years Exp with with ITC fortune hotels and Lemon Tree, Sterling was managing 22 hotels in Holiday Resorts, ITC south India. Fortune Hotels Limited Mr. Arjun Baljee Mr. Amit Jaiswal
Slide 52: Annual Income Statement Consolidated
ANNUAL INCOME STATEMENT CONSOLIDATED (₹ In Crore Except EPS) Particulars FY22 FY23 FY24 FY25 - Room nights 69.3 137.8 150.4 161.1 - Food and beverages 52.5 93.2 102.2 112.3 - Other services 16.6 32.6 41.0 46.0 Income from Operations 138.5 263.6 293.6 319.5 Other Income 17.4 16.1 19.1 23.7 Total Inco
Slide 53: Balance Sheet Consolidated
BALANCE SHEET CONSOLIDATED (₹ In Crore) Particulars FY24 FY25 9M FY26 Particulars FY24 FY25 (₹ In9M Crore) FY26 Equity & Liability Non-Current assets Equity share capital 27.4 27.4 27.4 Property, plant and equipment 117.6 130.6 174.0 other equity 163.3 203.4 222.0 Capital Work in progress 0.4 17.1 5
Slide 54: Thank You!
Royal Orchid Hotels Ltd., Mr. Chander Baljee Chairman & Managing Director KAPTIFY Consulting Investor Relations / Consulting THANK Mr. Amit Jaiswal Chief Financial Officer +91 8452886099 contact@kaptify.in www.kaptify.in YOU ! +91 99020 00110 cfo@royalorchidhotels.com www.royalorchidhotels.com INVES