Kamat Hotels (india) Ltd · NSE:KAMATHOTEL
Kamat Hotels (india) — Q2 FY2026 Earnings Presentation
22 slides from Kamat Hotels (india)'s earnings presentation, Nov 8, 2025
Slide 1: Submission of Investors Presentation to Stock Exchanges
November 08, 2025 To, To, Listing Department Listing Department Bombay Stock Exchange Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra –Kurla Complex, Mumbai - 400001. Bandra (E), Mumbai – 400051. Code: 526668 Symbol: KAMA
Slide 2: Earnings Presentation Q2/H1-FY26
EARNINGS P R ES E N T A T I O N Q2/H1-FY26
Slide 3: Snapshot
2 SNAPSHOT 24 Properties 9 New Properties ARR at group level 7+ Decades 2100+ Keys 700+ Keys in INR 6,074 of Presence in India pipeline 9 States / U.T 52% Occupancy rate 5 Brands 3 States 2 Brands Brand Loyalty Significant 3rd Debt reduced (65% of our sales Improvement Generation substantially since
Slide 4: Company Overview
.—_——— COMPANY OVERVIEW ——* *= Teyam
Slide 5: Company Overview
4 COMPANY OVERVIEW Operational Revenue (INR Mn) & EBITDA Margins (%) 3,625 • Kamat Hotels (India) Limited (KHIL) was incorporated on March 21, 1986, by 2,951 3,043 Dr. Vithal Venketesh Kamat and currently is being successfully lead by 3rd generation hotelier Mr. Vishal Vithal Kamat 36.87% 1578 • Ope
Slide 6: Board Members and Core Management Team
5 BOARD MEMBERS AND CORE MANAGEMENT TEAM Ms. Vidita Vithal Kamat, Dr Vithal Venketesh Kamat, Mr Vishal Vithal Kamat, Non-Executive Mr Sanjeev Rajgarhia, Mr Vilas Ramchandra Executive Chairman and Executive Director Independent Director Koranne Non-Independent Director Managing Director Independent D
Slide 7: Portfolio of the Brands
6 PORTFOLIO OF THE BRANDS Launched in Launched in No. of years 27+ 16+ 12+ July 2023 July 2024 Market Segment Premium Premium Mid-Premium Mid-Premium Premium No. of Properties 10 2 9 2 1 No. of Keys 1,309 91 609 73 21 Free Hold Hotels (Own) 2 - - - - Leased Hotels 5 1 5 2 - Revenue Share Hotels 2 1
Slide 8: Presence Across India
7 PRESENCE ACROSS INDIA Orchid Manali Orchid Rishivan Orchid Shimla Orchid Chandigarh IRA Noida Orchid Jamnagar IRA Ayodhya IRA by Orchid, Dwarka IRA Sambhaji Nagar IRA Nashik Orchid Mumbai Ira Bhubaneshwar IRA Mumbai Lotus Resorts Konark Orchid Panchgani Mahodadhi Palace Puri Orchid Lonavala Orchid
Slide 9: Leveraging Strengths for Future Growth
8 LEVERAGING STRENGTHS FOR FUTURE GROWTH Our Strengths & Capabilities Strategy Going Forward Unique set of properties from business hotels to luxurious Continue looking for prospective properties to provide plethora Diverse Portfolio resorts and iconic leisure heritage properties of options for all
Slide 10: KHIL 3.0: Future Strategy
9 KHIL 3.0: FUTURE STRATEGY No. of States No. of Properties No. of Keys 7 12 19 26 1,800+ 2,500+ Today (FY 2025) KHIL 3.0 (FY 2026) Today (FY 2025) KHIL 3.0 (FY 2026) Today (FY 2025) KHIL 3.0 (FY 2026) Average Room Rate (INR) Revenue (INR Mn) Debt (INR Mn) 6,500 7,500 3,700 4,000 1,050 500 Today (FY
Slide 11: Outlook
10 OUTLOOK Focus on Topline growth through newer projects in pipeline Enhancing unit level operation efficiency by focussing on Electricity, Labour & operating expenses Focus on Digitisation and strengthen its digital media sales and online marketing Further strengthen the Brand portfolio and presen
Slide 12: ORCHID | AhwGADH | vicowa | yp yer | es Teyam
ORCHID | AhwGADH | vicowa | yp yer | es Teyam
Slide 13: Q2/H1-FY26 Consolidated Performance
12 Q2/H1-FY26 CONSOLIDATED PERFORMANCEQ Revenue (INR Mn) Revenue (INR Mn) Growth: 854 1,591 Growth: 826 751 • Y-o-Y: (11.8)% 1578 • Y-o-Y: (0.8)% • Q-o-Q: (8.8)% Q2FY25 Q1FY26 Q2FY26 H1-FY25 H1-FY26 Half Yearly Highlights Quarterly Highlights EBITDA (INR Mn) EBITDA (INR Mn) Growth: 224 180 358 Growt
Slide 14: Key Operational Metrics
13 KEY OPERATIONAL METRICS ARR Q2-FY26 Q2-FY25 Y-o-Y Q1-FY26 Q-o-Q Orchid 5,979 5,698 7% 6,338 (6)% Ira 4,749 4,971 (4)% 5,416 (12)% Lotus 5,331 5,150 4% 5,514 (3)% Fort JadhavGADH 8,286 8,323 0% 8,051 3% Occupancy Rate (%) Q2-FY26 Q2-FY25 Y-o-Y Q1-FY26 Q-o-Q Orchid 47% 66% (29)% 56% (16)% Ira 65% 7
Slide 15: Business Highlights
14 BUSINESS HIGHLIGHTS • The Orchid Panchgani under a Lease Agreement with 70 keys. • The Orchid Rishivan under a Revenue Sharing Model with 54 keys. New Hotels • IRA by Orchid Hyderabad under a Lease Agreement with 63 keys. Launched • IRA by Orchid Dwarka under a Management Agreement with 50 keys.
Slide 16: Upcoming Properties
15 UPCOMING PROPERTIES Region Brand Type Number of Rooms Opening Date Dehradun Orchid Leased 96 April 2026 Bhavnagar Ira by Orchid Leased 61 April 2026 Gwalior Orchid Leased 50 March 2026 Nashik Orchid Managed 57 April 2026 Rishikesh Orchid Revenue Sharing 44 March 2027 Puri Orchid Leased 156 Decemb
Slide 17: Quarterly Consolidated Financial Performance
16 QUARTERLY CONSOLIDATED FINANCIAL PERFORMANCE INCOME STATEMENT (INR Mn) Q2-FY26 Q2-FY25 Y-o-Y Q1-FY26 Q-o-Q Operational Income 751 854 (12.06)% 826 (9.1)% Total Expenses 673 630 (6.82)% 646 4.2% EBITDA 83 224 (62.95)% 180 (53.9)% EBITDA Margins (%) 10.43% 26.22% (1579) Bps 21.79% NA Depreciation 6
Slide 18: Half Yearly Consolidated Financial Performance
17 HALF YEARLY CONSOLIDATED FINANCIAL PERFORMANCE INCOME STATEMENT (INR Mn) H1-FY26 H1-FY25 Y-o-Y Operational Income 1,578 1,591 (0.8)% Total Expenses 1,319 1,233 7.0% EBITDA 259 358 (27.65)% EBITDA Margins (%) 16.41% 22.50% (609) Bps Depreciation 131 96 36.5% Finance Cost 120 191 (37.2)% Other Inco
Slide 19: Historical Consolidated Financial Performance
18 HISTORICAL CONSOLIDATED FINANCIAL PERFORMANCE INCOME STATEMENT (INR Mn) FY23 FY24 FY25 H1-FY26 Operational Income 2,951 3,043 3,570 1,578 Total Expenses 1,863 2,135 2,578 1,319 EBITDA 1,088 909 1,047 259 EBITDA Margins (%) 36.87% 29.87% 29.33% 16.41% Depreciation 155 177 198 131 Finance Cost 221
Slide 20: Historical Consolidated Financial Highlights
19 HISTORICAL CONSOLIDATED FINANCIAL HIGHLIGHTS Operational Revenue (INR Mn) EBITDA (INR Mn) & EBITDA Margins (%) PAT (INR Mn) & PAT Margins (%) 3,129 3,625 1,116 50.00% 1,047 45.00% 106.03% 2,951 3,043 36.87% 909 40.00% 29.87% 35.00% 30.00% 1578 29.33% 25.00% 16.41 % 20.00% 259 15.00% 14.72% 13.05%
Slide 21: Disclaimer
20 DISCLAIMER Kamat Hotels (India) Limited Disclaimer: No representation or warranty, express or implied, is made as to, and no reliance should be placed on the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinion
Slide 22: Thank You
THANK YOU —_——————* meee | JichavGADH
Kamat Hotels (India) — Q2 FY2026 Earnings Presentation on 6ix