Indian Hotels Co. Ltd. · NSE:INDHOTEL

Indian Hotels — The Indian Hotels Company — Jefferies 3rd India Forum 2024

37 slides from Indian Hotels's conference presentation, Sep 19, 2024

  1. Slide 1: Analyst Presentation filing letter to exchanges

    [Type here] September 19, 2024 BSE Limited National Stock Exchange of India Limited Corporate Relationship Department Exchange Plaza 1st Floor, New Trading Ring, Bandra Kurla Complex Rotunda Building, P. J. Towers, Bandra (E) Dalal Street, Fort, Mumbai 400 051 Mumbai – 400 001. Scrip Code: INDHOTEL

  2. Slide 2: Raising the Bar. Setting New Benchmarks.

    RAISING THE BAR. SETTING NEW BENCHMARKS. JEFFERIES 3rd INDIA FORUM | 19th September 2024 1

  3. Slide 3: Created to Make India Proud

    CREATED TO MAKE INDIA PROUD 120 YEARS LATER STILL SERVING THE DREAM WORLD'S INDIA'S STRONGE STRONGEST HOTEL BRAND 2 BRAND 2024 2022 2023 | 2022 | 2020

  4. Slide 4: India Growth Story: Fastest Growing Economy

    INDIA GROWTH STORY FASTEST GROWING ECONOMY Rank CY'27 GDP ($tr) 1 US US US US US US US US $31.5tr 2 JP JP CH CH CH CH CH CH $23.6tr 3 GR GR JP JP JP GR GR IN $5.4tr 4 UK UK GR GR GR JP IN GR $5.3tr 5 FR CH FR UK UK IN JP JP $4.9tr 6 CH FR CH FR IN UK UK UK $4.3tr 7 IT IT UK IN FR FR FR FR $3.5tr 8 C

  5. Slide 5: Strong Demographic Dividend: The Rise of Affluent India

    STRONG DEMOGRAPHIC DIVIDEND THE RISE OF AFFLUENT INDIA Population (mn) With Income > USD 10,000 Increase/Decrease in age (30-60) population by 2045 (% Change) 100 28 17 60 10 3 3 2 37 20 24 India Australia US Brazil UK Vietnam Thailand Europe China Japan Taiwan -14 -15 -18 2011 2015 2019 2023 2027E

  6. Slide 6: Premiumization Playing Out Across Sectors

    PREMIUMIZATION PLAYING OUT ACROSS SECTORS i-Phone shipments to India (Mn) UV vs PV demand profile % 10 28 34 39 49 52 7 57 5 4 72 66 61 2 2 51 48 43 CY18 CY19 CY20 CY21 CY22 CY23 2018 2019 2020 2021 2022 2023 Passenger Vehicles (incl. vans) SUVs Source: Company Annual Reports, Industry Reports Drama

  7. Slide 7: India A Land of Opportunities

    Srinagar Manali Dharamshala Katra Naggar Jammu Shimla Mussoorie INDIA A LAND OF Chandigarh Rishikesh Sirmaur Dibrugarh Tawang Itanagar Dehradun Nainital OPPORTUNITIES Udaipurwati Haridwar Binsar Corbett Pantnagar Darjeeling Pushkar Guwahati Kumbhalgarh 6 major mountain ranges Naukuchiatal spread acr

  8. Slide 8: India A Land of Opportunities

    INDIA A LAND OF OPPORTUNITIES 7,500+ km. of Coastline Kolkata 500+ beaches Dwarka Bharuch Raichak Vapi Puri Thane Mumbai Alibagh Vizag 80+ Candolim hotels Mangalore Chennai Havelock 30+ Kadmat Bekal Kumarakom Pondicherry locations Suheli Calicut Ernakulam Varkala Cochin Trivandrum Kollam Kovalam 7

  9. Slide 9: India A Land of Opportunities

    Vaishno Devi Srinagar INDIA A LAND OF Katra Dharamshala OPPORTUNITIES Amritsar Rishikesh Chandigarh Haridwar Vaishno Devi Mandir Ram Mandir, Ayodhya Golden Temple, Amritsar Gurugram New Delhi Tawang 3+ million Jaipur Vrindavan Agra Lucknow Ayodhya Pakyong Gangtok Guwahati Ajmer places of worship Gan

  10. Slide 10: India A Land of Opportunities

    INDIA A LAND OF OPPORTUNITIES Yashobhoomi, Dwarka Bharat Mandappam, New Delhi New Delhi Ahmedabad Presence in Tier – 1 Kolkata Cities – MICE Demand Mumbai Pune 75+ hotels Hyderabad Jio World Convention Taal Kutir, Kolkata 8 Centre, Mumbai Bangalore Chennai Metro cities of India 9

  11. Slide 11: Industry in an Upcycle: Long-Term Structural Tailwinds

    INDUSTRY IN AN UPCYCLE LONG-TERM STRUCTURAL TAILWINDS India’s Economic Growing Middle Rising Disposable Strong Demand FTA Recovery & Growth Class Incomes Growth Growth $7 Tn 31% → 38% ↑50% 10.6% 25 Mn DEMAND 3rd Largest Economy Of popn. from ‘24 to ’30 Disp. Income (‘24->’30) CAGR till 2027 from 10.

  12. Slide 12: IHCL Well Placed to Capitalize on Demand Across Segments

    IHCL WELL PLACED TO CAPITALIZE ON DEMAND ACROSS SEGMENTS 150 mn. Taj Palaces & Iconic High Properties 2 50 mn. Taj Product/ Service Offering 1 SeleQtions Medium Vivanta Ginger 1 Tree of Life 600 mn. Low 2 Gateway Low Medium High Price Positioning 11

  13. Slide 13: IHCL: A Story of Aspiration, Execution & Performance

    IHCL A STORY OF ASPIRATION, EXECUTION & PERFORMANCE ASPIRATION R.E.S.E.T. DURING AHVAAN 2022 COVID-19 2025 CONSISTENT EMERGING EXECUTION DELIVERING PERFORMANCE STRONGER RESULTS 12

  14. Slide 14: We Promised Profitability, We Delivered Record Performance

    WE PROMISED PROFITABILITY, WE DELIVERED RECORD PERFORMANCE 13

  15. Slide 15: IHCL's Transformation Journey 2017-2024

    IHCL’s TRANSFORMATION JOURNEY 2017-2024 P&L BALANCE SHEET BRANDSCAPE GROWTH MARKET CAP. # Portfolio 155 Rev. ₹ 4,000 Cr Net Debt ₹ 13,000 Cr Where We Were ₹ 3,000+ Cr # Operational 142 EBITDA 16.3% ₹ 13,000 Cr #Shareholders 1.4L in 2017 # Pipeline 13 ROCE 5% PAT (63 Cr) FII Holding 15% Capital Light

  16. Slide 16: We Promised a Re-imagined Brandscape, We Delivered Performance Across Brands

    WE PROMISED A RE-IMAGINED BRANDSCAPE, WE DELIVERED PERFORMANCE ACROSS BRANDS 15

  17. Slide 17: We Continued to Invest Strongly in Brand-Building

    WE CONTINUED TO INVEST STRONGLY IN BRAND-BUILDING 16

  18. Slide 18: Re-imagining Existing Brands, Introducing New Concepts

    RE-IMAGINING EXISTING BRANDS, INTRODUCING NEW CONCEPTS RE-IMAGINING EXISTING BRANDS Present across 9 flagship hotels Present in 60 hotels Delhi, Bhopal, Jaipur, London Cape Town, Dubai, London, Singapore INTRODUCING NEW CONCEPTS Mumbai, Delhi, Bangalore Goa, Bangalore Goa New Delhi 17

  19. Slide 19: Gateway Launched in a Fresh New Avatar

    GATEWAY LAUNCHED IN A FRESH NEW AVATAR 18

  20. Slide 20: Ginger Delivering Best-Ever Performance Consistently

    GINGER DELIVERING BEST-EVER PERFORMANCE CONSISTENTLY ₹ 486 Cr Revenues Growth of 34% YoY 68% Hotels now Lean Luxe 53% EBITDAR Margin (Lean Luxe) 1 pp Margin Expansion YoY All figures for FY24 19

  21. Slide 21: Qmin Showcasing Growth Across Formats

    QMIN SHOWCASING GROWTH ACROSS FORMATS Asset Light Growth: ₹ 100+ Cr GMV Key Imperatives FY 23-24 Qminization of Ginger 47% Strategic Alliances Delivery, Shops, QSR Delivery: Online & Offline Profitable Growth 53% Qmin in Ginger Hotels 20

  22. Slide 22: amã on a Growth Journey

    amã ON A GROWTH JOURNEY Poised to Hit 200+ 100+ Portfolio Operational 103 Signings (FY24) 200 114 40 Openings (FY24) 80 20 38 Mar'20 Mar'21 Mar'22 Mar'23 Mar'24 Operational Pipeline 21

  23. Slide 23: Re-imagined TajSATS Continues Delivering Record Performance

    RE-IMAGINED TajSATS CONTINUES DELIVERING RECORD PERFORMANCE All figures for FY24 ₹ 900 Cr 25.5% Revenues EBITDA Margin Growth of 5.8 pp 40% YoY Margin Expansion ₹ 230 Cr EBITDA 60% Market Share Growth of (by no. of meals) 82% YoY 22

  24. Slide 24: New Brands and Re-imagined Businesses Growing at 2x of Core Enterprise Revenues

    NEW BRANDS AND RE-IMAGINED BUSINESSES GROWING AT 2x of CORE ENTERPRISE REVENUES New & Re-Imagined Businesses Enterprise Revenue Core Enterprise Revenue Growth YoY Growth YoY 35 % 17 % 23

  25. Slide 25: We Promised Growth, We Delivered Unprecedented Expansion

    WE PROMISED GROWTH, WE DELIVERED UNPRECEDENTED EXPANSION 24

  26. Slide 26: Portfolio Growth Achieved 340 Hotels Milestone

    PORTFOLIO GROWTH ACHIEVED 340 HOTELS MILESTONE 121 95 52 38 17 17 228 Operational + 112 Pipeline 340 As on 31st August 2024 25

  27. Slide 27: Focus on Global Prominence, Domestic Dominance

    FOCUS ON GLOBAL PROMINENCE DOMESTIC DOMINANCE 2 1 3 Chitwan Kathmandu Bhutan 2 180+ 1 1 Frankfurt London Hotels signed in last 6 years San 2 Francisco 1 Bahrain Riyadh 1 2 NYC 1 313 Dhaka Makkah 2 3 Colombo 1 Dubai 1 Lusaka 2 Bentota IHCL is now present in Maldives 4 Continents 90 1 Hotels opened in

  28. Slide 28: Highest-Ever Signings and Openings in a Single Year

    HIGHEST-EVER SIGNINGS AND OPENINGS IN A SINGLE YEAR 12 10 11 6 14 53 On an average, 1 new hotel signed every week in FY 2023-24 5 6 3 6 14 34 27

  29. Slide 29: Enabled by Focus on Culture

    ENABLED BY FOCUS ON CULTURE 28

  30. Slide 30: Living the IHCL Values: Tata Values

    LIVING THE IHCL VALUES TATA VALUES VALUES Excellence Trust Awareness Joy Integrity Unity Pioneering Responsibility 29

  31. Slide 31: Culture of Camaraderie, Celebrating Spirit of Tajness

    CULTURE OF CAMARADERIE CELEBRATING SPIRIT OF TAJNESS 30

  32. Slide 32: Doing Business the Responsible Way

    DOING BUSINESS THE RESPONSIBLE WAY PRESERVE PROMOTE Heritage & Brand Environmental Stewardship PROGRESS PROMISE Sustainable Growth Social Responsibility PA R T N E R PRUDENT Transformation Corporate Governance 31

  33. Slide 33: PAATHYA Goals

    PAATHYA GOALS 2030 GOALS 100% 100,000 50% 100% Waste Water Youth Energy from Hotels Recycled / Reused Skilled for Livelihood Renewable Sources EarthCheck Certified 100% 100% 100% Hotels go Beyond Adoption of UNESCO’s Intangible Business Meetings & Single-Use Plastic Free Cultural Heritage projects i

  34. Slide 34: PAATHYA Milestones Achieved

    PAATHYA MILESTONES ACHIEVED Waste FY 23/24 UPDATE 100% elimination of single-use plastic 241 Tons of Plastic Saved through Glass Bottles, Bio-degradable Bathroom Amenities, Paper Straws Waste 100% operating hotels will have an organic waste management system 40 hotels have bottling plants to elimina

  35. Slide 35: Focus Areas Going Forward

    FOCUS AREAS GOING FORWARD Consistent Sustained Double-digit Portfolio Growth Topline Growth Strong Evolution of Brandscape Balance Sheet & Free Cash Flow New Businesses to deliver growth of 30%+ 34

  36. Slide 36: We Promised, We Delivered

    WE PROMISED WE DELIVERED Ahvaan Achieved Target Till Date ICONIC AND PROFITABLE HOSPITALITY COMPANY Margin 33% 33.7% RE-ENGINEER MARGINS RE-IMAGINE RE-STRUCTURE BRANDSCAPE PORTFOLIO Net Debt Zero Cash ₹ 2,200+ Crs CULTURE ONE TATA EXCELLENCE ORGANIZATION DIGITAL PAATHYA Portfolio 300+ 340 INTEGRITY,

  37. Slide 37: Raising the Bar. Setting New Benchmarks.

    RAISING THE BAR. SETTING NEW BENCHMARKS. JEFFERIES 3rd INDIA FORUM | 19th September 2024 36

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