Slide 1: Submission of presentation to investors / analysts
CIN:L55101WB1949PLC017981 CORPORATE OFFICE: 7 SHAM NATH MARG, DELHI -110054, INDIA / TELEPHONE: +91-11-23890505/ WEBSITE: WWW.EIHLTD.COM email: isdho@oberoigroup.com 10th August 2023 The National Stock Exchange of India The BSE Limited Limited Corporate Relationship Dept. Exchange Plaza, 5th Floor 1
Slide 2: Investors' Conference Call, Quarter ended 30th June 2023
Classification | External EIH Limited Investors’ Conference Call Quarter ended 30th June 2023 EIH Limited Earnings Call: Q1FY24 1 Image: Wildflower Hall, An Oberoi Resort
Slide 3: Indian Hospitality Industry Key Highlights – Q1FY24
Classification | External Indian Hospitality Industry Key Highlights – Q1FY24 • The hotel industry in India saw rates rise in Q1FY23, boosting RevPAR despite a slight drop in occupancy. • Domestic air traffic in India increased by 19% in June 2023 compared to June 2022. Source: HVS Anarock Report (J
Slide 4: Operations: Q1FY24 Operational Performance
Classification | External Operations Q1FY24 Operational Performance Best Performing Q1 in the history of the Company 3 Image: Image: TheThe Oberoi Oberoi Zahra, Zahra on Nile on the Nile
Slide 5: RevPAR growth
Classification | External RevPAR growth Q1FY24 higher by 16% over Q1FY23 Figures in INR Pre-Covid Covid 1st wave Recovery after 1st Covid 2nd Recovery after Omicron Post-Covid wave wave 2nd wave wave 15,284 Q1 Q1 Q1 Q1 13,332 Q1 14,289 12,805 10,473 9,196 10,236 8,773 8,850 9,987 9,484 7,493 6,506 6
Slide 6: RevPAR Leadership
Classification | External RevPAR Leadership RevPAR index: 124% (All Domestic Hotels) 1.9 1.7 Covid 1st wave Recovery after Covid 2nd Recovery after Omicron Covid 1st wave wave Covid 2nd wave wave 1.5 1.3 1.1 0.9 0.7 0.5 Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Slide 7: RevPAR Growth at Domestic Hotels
Classification | External Q1 (FY24 vs FY23) RevPAR growth at Domestic Hotels (including managed) 64% 44% 34% RevPAR Growth 26% 24% 24% 19% 17% 11% 8% 5% 1% -10% Delhi / NCR Bengaluru Kolkata Mumbai Udaipur Jaipur / Shimla / Agra Hyderabad Chennai Cochin Bhubaneswar International Ranthambore Chandiga
Slide 8: Q1 Month-wise ARR & Occupancy Trends at Domestic Hotels
Classification | External Q1 Month-wise ARR & Occupancy Trends at Domestic Hotels (including managed) 76% Quarterly Occupancy & ARR Occupancy FY24 73% 70% 69% FY23 80% 72% 70% 14,000 70% 13,500 13,579 60% 13,000 68% 68% 50% 12,500 40% 12,000 Apr May Jun 30% 11,500 20% 11,451 11,000 10% 10,500 ARR AR
Slide 9: Q1 Occupancy and ARR performance at Domestic Hotels
Classification | External Q 1 Occupancy and ARR performance at Domestic Hotels (including managed) Revpar | Q1FY23 Revpar | Q1FY24 14,948 13,807 10,947 9,669 8,724 6,916 6,899 6,278 5,398 4,579 4,017 3,775 Oberoi Metro Oberoi Leisure (Vilas) Trident Metro Trident City Trident Leisure Others Occupanc
Slide 10: Room Revenue Trends | Strong tailwinds
Classification | External Room Revenue Trends | Strong tailwinds FY20 FY21 FY22 FY23 FY24 200 Cr 150 Cr Corporate 100 Cr Direct Leisure 50 Cr MICE 0 Cr Q1FY20 Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 (50 Cr) Movement in Segment-w
Slide 11: Trend of Foreign Room Nights
Classification | External Trend of Foreign Room Nights 60% 53% 50% 47% 43% 40% 40% 35% 31% 30% 29% 22% 19% 20% 10% 0% All Hotels Oberoi Trident Q1 FY20 Q1 FY23 Q1 FY24 % Room Nights of Foreign Tourists to Total Room Nights for Domestic Hotels (including managed) 10
Slide 12: Q1 F&B Revenue
Classification | External Q1 F&B Revenue Domestic Hotels (incl. managed) Flight Catering & Airport Lounges Rs169.5Cr. Rs163.0Cr. 95% Rs 87 Cr. Rs 45 Cr. OFS - OAS Revenue F&B Revenue Q1FY23 Q1FY24 Q1FY23 Q1FY24 Strong growth in Hotel F&B revenues Strong bounce back in OFS/OAS Revenues 11
Slide 13: Financials: Growth in Financial Performance
Classification | External Financials Q1FY24 Growth in Financial Performance
Slide 14: Financial Performance – Q1FY24
Classification | External Financial Performance – Q1FY24 Standalone and Consolidated Revenue Expenses EBITDA Funds PAT
Slide 15: Standalone (15 Years)
Classification | External 500 Standalone (15 Years) Strongest Q1 130 Figures in INR Crores 455 Revenue EBITDA PAT 400 357 90 343 80 309 303 303 293 300 278 279 256 248 42 219 205 30 200 20 19 15 11 12 10 154 9 6 (7) 90 94 100 -16 -12 68 57 52 49 57 -20 42 47 47 38 26 33 35 0 -70 -100 (86) (115) (93)
Slide 16: Consolidated (6 Years)
Classification | External Consolidated (6 Years) Figures in INR Crores 600 150 Revenue EBITDA PAT (continued operations) 523 500 100 412 106 400 400 358 66 50 300 15 0 200 (1) 180 111 118 -50 100 68 50 45 (126) (114) -100 0 -100 -150 (152) (87) -200 -200 Q1FY19 Q1FY20 Q1FY21 Q1FY22 Q1FY23 Q1FY24 15
Slide 17: Standalone Consolidated
Classification | External Standalone Consolidated Figures in INR Crores Figures in INR Crores 27% 64% 27% 53% 454.7 Higher Standalone Significant EBITDA growth Consolidated 357.0 reflects efficient 522.6 EBITDA growth operations and underscores the cost management company's effective 412.3 operation
Slide 18: Standalone Y-O-Y Expenses for Q1
Classification | External Standalone Y-O-Y Expenses for Q1 14% 6% 6% 16% 12% Increase Increase (Q1FY24 vs. (Q1FY24 vs. Q1FY23) Q1FY23) 27% 14% Total Revenue Total Expenses Consumption Of Provisions, Power & Fuel Repairs & Maintenance Adminstrative & Other Payroll & Related (incl. Wines & Others expe
Slide 19: Standalone Funds (Last 3 years)
Classification | External Standalone Funds (Last 3 years) Figures in INR Crores Prudent financial management and debt reduction strategies 188 129 -61 -193 -217 -250 -264 -271 Net Cash -338 -362 -359 Positive -453 -560 Jun 30, Sep 30, Dec 31, Mar 31, Jun 30, Sep 30, Dec 31, Mar 31, Jun 30, Sep 30, D
Slide 20: Consolidated Funds (Last 3 years)
Classification | External Consolidated Funds (Last 3 years) Figures in INR Crores Prudent financial management and debt reduction strategies 542 468 256 94 76 -20 -75 -80 -168 -133 -174 -270 Net Cash Positive -384 Jun 30, Sep 30, Dec 31, Mar 31, Jun 30, Sep 30, Dec 31, Mar 31, Jun 30, Sep 30, Dec 31
Slide 21: Financial Statements Q1FY24
Classification | External Financial Statements Q1FY24 20
Slide 22: Performance Highlights (Standalone)
Performance Highlights (Standalone) Classification | External STANDALONE P&L QTR 1 Figures in Rs Crores rounded to nearest first decimal FY24 FY23 Revenue from Operations 426.8 342.4 Other Income 27.9 14.6 TOTAL INCOME (A) 454.7 357.0 Consumption 44.5 38.1 Employee Benefits *(excluding third party c
Slide 23: Performance Highlights (Standalone)
Classification | External Performance Highlights (Standalone) Q-o-Q STANDALONE Financial Results for starting from Q1 FY22 to Q1 FY24 Revenue EBITDA PBT (before exceptional items) PAT 249 214 587 147 525 193 157 154 104 455 120 90 357368 94 90 324 78 57 53 33 42 41 27 279 35 217 3 -4PBT -7PAT 90 EBI
Slide 24: Performance Highlights (Consolidated)
Performance Highlights (Consolidated) Classification | External Consolidated P&L QTR 1 Figures in Rs Crores rounded to nearest first decimal FY24 FY23 Revenue from Operations 498.1 394.3 Other Income 24.5 18.0 TOTAL REVENUE (A) 522.6 412.3 Consumption 48.8 41.1 Employee Benefits*(excluding third par
Slide 25: Performance Highlights (Consolidated)
Classification | External Performance Highlights (Consolidated) Q-o-Q CONSOLIDATED Financial Results for starting from Q1 FY22 to Q1 FY24 Revenue EBITDA PBT (before exceptional items) PAT 664 603 226 231 523 180 201 417 196 149 412 379 118 145 106 99 101 92 317 75 61 66 248 35 56 41 8 16 22 111 EBIT
Slide 26: Business Footprint
Classification | External Business Footprint th Period ended 30 June 2023 25
Slide 27: Corporate Structure
Classification | External Corporate Structure EIH Limited Within EIH Mumtaz Hotels Mashobra Resort EIH International Ltd 13 Hotels EIH Associated Hotels Limited Limited Limited • The Oberoi Amarvilas Hotel Business • The Oberoi, New Delhi (220) • Wildflower Hall, Shimla (85) • The Oberoi Rajvilas (7
Slide 28: 24 Hotels and Resorts, 3,772 keys in India
Classification | External Hotels in India 1,513 keys 2,204 keys under The Oberoi Brand under Trident Brand 24 Hotels and Resorts 3,772 keys in India Where the Guest is Everything. 27
Slide 29: Oberoi Hotels & Resorts around the world
Classification | External Oberoi Hotels & Resorts around the world The Oberoi Zahra, The Oberoi Beach Resort, Al Zohra 497 keys Luxury Nile Cruiser The Oberoi, Marrakech The Oberoi Beach Resort, Sahl Hasheesh, Egypt under The Oberoi Brand (excluding India) The Oberoi Beach Resort, Bali The Oberoi Be
Slide 30: Thank You
Classification | External THANK YOU