Royal Orchid Hotels Limited · NSE:ROHLTD
Royal Orchid Hotels — Q2 FY2024-25 Earnings Presentation
45 slides from Royal Orchid Hotels's earnings presentation, Nov 18, 2024
Slide 1: Exchange cover letter: Investors Presentation
Date: November 18, 2024 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. Q2 2024-25
Royal Orchid Hotels Ltd. Q2 2024-25
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 Company Overview 01 Financial Overview 02 Industrial Overview 03 Business Overview 04
Slide 5: Company Overview
Company Overview WHO OUR MANAGEMENT OUR WE ARE? JOURNEY TEAM PRESENCE
Slide 6: Who we are?
Who we are? SERVICE APARTMENTS Royal Orchid Suites Regenta Suites 4 STAR RESORT / HERITAGE • Royal Orchid Hotel Ltd (ROHL) was Royal Orchid Central Royal Orchid Resort Regenta Resort incorporated in 1986 under the name of Regenta Central Universal Resorts Ltd. • Promoted by Mr. Chander K Baljee 5 ST
Slide 7: Our Journey
Our Journey 109+ Hotels First Hotel 19 Hotels Across India & Abroad Hotel Royal Orchid Across India 01 19 109+ 2001 2006-07 2012-13 2018-19 TODAY Corporate HQ 07 Hotels 07 40+ 40+ Hotels Across India
Slide 8: Our Presence
UOC OQunmeresence 109+ 6556+ | 175+ Hotels & Resorts in Luxury Rooms, Specialty & All day Dining 72+ Locations Villas & Premium Suites Restaurants 45+ Leisure Destinations 55+ Business Destinations J |p 20+ Wedding Bis V Destinations — j
Slide 9: Board of Directors
Non-Executive Directors Board of Directors 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-market hotel brand. Independent Directors Mr. Ashutosh Chandra Joined the Indian Revenue Service in 1982 -
Slide 10: Management
Management aa £. & S. Mr. Arjun Baljee President With over 20 years of experience in operation and management of real estate, technology, start-ups, and hospitality industries. Mr. Amit Jaiswal Chief Financial Officer Over 30+ years of exp in Finance with Manufacturing & Hotel Industry Mr. Shiwam Ve
Slide 11: Competitive Advantage
Competitive Advantage Balanced portfolio having Strong sales presence Affordable luxury having presence in over 72+ across major source plethora of options for locations and 16 states markets in India modern travelers
Slide 12: Growth In Rooms
Growth In Rooms 2018-19 * 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 9000 8,223 * 8,223 8000 7000 6,520 6,520 6,478 6000 5,450 5,313 5,010 5000 4,763 4,358 3,980 3,980 4000 3,733 2,988 3000 2000 1,112 1,112 1000 591 591 591 591 591 591 591 574 439 439 439 501 0 Owned / JV Leased Managed / Franc
Slide 13: Upcoming Hotels
Upcoming Hotels 21+ Hotels 1600+ Keys
Slide 14: Financial Overview
Financial Overview Quarterly & Half Year Consolidated Income Highlights and Financial Margins Statement & Balance Shareholding results Sheet snapshot
Slide 15: Occupancy & ARR
Occupancy & ARR H1 of H1 of Q2 of Q2 of Segment FY23-24 FY24-25 FY23-24 FY24-25 Average Occupancy (JLO) 73% 70% 72% 70% Average Room Rate 4,889 5,141 4,693 5,114 (JLO) (Rs) Average Occupancy 59% 60% 54% 57% (Managed) Average Room Rate 3,597 3,755 3,386 3,672 (Managed) (Rs)
Slide 16: Segment Wise Keys Snapshot
Segment Wise Keys Snapshot - Operational as on date Managed / Category Owned Leased JV Total Franchise Portfolio Asset 5 Star 268 - 139 - 407 4 Star 130 396 - 2527 3053 Service Apartment - 67 - 71 138 Resort/Heritage/MICE - 142 54 854 1050 3 Star / Budget _ 83 - 1825 1908 Total Keys 398 688 193 5277
Slide 17: Standalone Financial Results For Quarter & Six Months Ended 30th September 2024
₹ In Crore Standalone Financial Results For Quarter & Six Months Ended 30 th September 2024 Q2FY23-24 Q1FY24-25 Q2FY24-25 60.00 49.09 51.94 50.00 45.50 40.00 Q2 30.00 20.00 14.02 13.62 16.02 6.63 5.80 8.26 4.94 6.20 10.00 4.43 - Total Revenue EBITDA PBT PAT H1FY23-24 H1FY24-25 120.00 101.03 100.00 9
Slide 18: Consolidated Financial Results For Quarter & Six Months Ended 30th September 2024
₹ In Crore Consolidated Financial Results For Quarter & Six Months Ended 30 th September 2024 Q2FY23-24 Q1FY24-25 Q2FY24-25 100.00 77.66 78.32 80.00 70.07 Q2 60.00 40.00 18.94 21.29 19.36 20.00 9.53 11.70 9.82 7.67 8.72 7.51 - Total Revenue EBITDA PBT PAT H1FY23-24 H1FY24-25 200.00 143.80 155.98 150
Slide 19: Standalone & Consolidated Cash Profit
₹ In Crore Standalone & Consolidated Cash Profit For Quarter & Six Months Ended 30 th September 2024 H1FY23-24 H1FY24-25 Q2FY23-24 Q1FY24-25 Q2FY24-25 30.00 16.00 28.04 26.81 14.03 14.00 25.00 12.56 12.78 12.00 10.34 20.00 18.94 10.00 17.13 8.75 8.60 15.00 8.00 6.00 10.00 4.00 5.00 2.00 - - Standalo
Slide 20: Standalone Revenue Breakup
₹ In Crore Standalone Revenue Breakup For Quarter & Six Months Ended 30 th September 2024 Q2FY23-24 Q1FY24-25 Q2FY24-25 H1FY23-24 H1FY24-25 30.00 60.00 26.81 53.15 25.29 26.34 49.70 25.00 50.00 20.00 40.00 15.57 32.01 15.35 16.43 31.35 15.00 30.00 10.00 20.00 5.00 2.53 2.46 10.00 5.32 1.34 1.34 3.34
Slide 21: Consolidated Revenue Breakup Including Associate
₹ In Crore Consolidated Revenue Breakup Including Associate For Quarter & Six Months Ended 30 th September 2024 H1FY23-24 H1FY24-25 Q2FY23-24 Q1FY24-25 Q2FY24-25 90.00 45.00 41.14 78.34 38.71 40.95 82.09 80.00 40.00 70.00 35.00 27.34 52.59 29.03 60.00 56.37 30.00 25.48 25.00 50.00 20.00 40.00 15.00
Slide 22: Consolidated EBITDA Margins
₹ In Crore Consolidated EBITDA Margins 120.00 40% 35% 35% 98.03 100.00 95.16 30% 29% 30% Reasons for marginal 80.00 26% 26% decline in EBITDA for Q2 25% FY 24-25 21% 60.00 20% 1. The employee cost increased by Rs. 0.66 crores due to an increase 45.32 15% 40.36 41.86 40.65 in workforce strength. 40.0
Slide 23: Consolidated Revenue Breakup - Segment Wise
₹ In Crore Consolidated Revenue Breakup Including Associate - Segment Wise Quarter & Six Months Ended 30 th September 2024 Q2FY23-24 Q1FY24-25 Q2FY24-25 H1FY23-24 H1FY24-25 35.00 70.00 29.69 30.34 26.71 27.43 60.03 30.00 60.00 55.49 27.02 53.73 25.00 50.00 18.91 20.17 41.16 20.00 39.22 15.42 40.00 1
Slide 24: Source Wise Room Revenue Including Managed Hotels
₹ In Crore Source Wise Room Revenue Including Managed Hotels for Quarter & Six Months Ended 30 th September 2024 In % Q2FY23-24 Q1FY24-25 Q2FY24-25 Q2FY23-24 Q1FY24-25 Q2FY24-25 50.00% 44.64% 70.00 43.79% 45.00% 43.43% 59.31 56.11 60.00 48.82 40.00% 50.00 35.00% 28.34% 29.15% 23.51% 32.50 39.12 35.6
Slide 25: Segment Wise Room Revenue Including Managed Hotels
₹ In Crore Segment Wise Room Revenue Including Managed Hotels for Quarter & Six Months Ended 30 th September 2024 In % Q2FY23-24 Q1FY24-25 Q2FY24-25 Q2FY23-24 Q1FY24-25 Q2FY24-25 90.00 70.00% 66.12% 60.74% 74.39 54.47% 80.00 73.72 76.33 60.00% 70.00 50.00% 60.00 48.92 50.00 40.00% 35.82% 36.45 29.01
Slide 26: Consolidated Cost % on Total Income
₹ In Crore Consolidated Cost % on Total Income Particulars Q2FY23-24 Q1FY24-25 Q2FY24-25 Raw Material Costs as a % of F&B Revenue F&B Revenue 22.97 24.63 25.92 Raw Material Cost 6.62 7.18 7.20 % of Rev 28.84% 29.16% 27.78% Payroll Costs as a % of Revenue Revenue 66.60 73.01 70.41 Payroll Cost 17.86
Slide 27: Guest Break Up
Guest Break Up Domestic Guests (Numbers) 1,05,476 1,04,280 98,287 Foreign Guests (Numbers) 8,650 10,975 12,556 Total (Numbers) 1,14,126 1,15,255 1,10,843 Domestic % 92.42% 90.48% 88.67% Foreign Guest % 7.58% 9.52% 11.33%
Slide 28: Consolidated Financial Results With & Without INDAS
Consolidated Financial Results With & Without INDAS For Quarter & Six Months Ended 30 th September 2024 (₹ in Crores except per share data) With INDAS Without INDAS Particulars QE Sep 23 QE Jun 24 QE Sep 24 H1FY23-24 H1FY24-25 QE Sep 23 QE Jun 24 QE Sep 24 H1FY23-24 H1FY24-25 Total Income 70.07 77.6
Slide 29: Standalone Financial Results With & Without INDAS
Standalone Financial Results With & Without INDAS for Quarter & Six Months Ended 30 th September 2024 (₹ in Crores except per share data) With INDAS Without INDAS Particulars QE Sep 23 QE Jun 24 QE Sep 24 H1FY23-24 H1FY24-25 QE Sep 23 QE Jun 24 QE Sep 24 H1FY23-24 H1FY24-25 Total Income 45.50 49.09
Slide 30: Standalone Financials for Quarter & Six Months Ended 30th September 2024
₹ In Crore Standalone Financials for Quarter & Six Months Ended 30 th September 2024 Particulars Q2FY23-24 Q1FY24-25 Q2FY24-25 H1FY23-24 H1FY24-25 - Room nights 25.29 26.34 26.81 49.70 53.15 - Food and beverages 15.35 15.57 16.43 31.35 32.01 - Other services 3.87 4.68 3.48 8.07 8.16 Income from Oper
Slide 31: Consolidated Financials for Quarter & Six Months Ended 30th September 2024
₹ In Crore Consolidated Financials for Quarter & Six Months Ended 30 th September 2024 Particulars (Rs in Crs) Q2FY23-24 Q1FY24-25 Q2FY24-25 H1FY23-24 H1FY24-25 - Room nights 35.10 37.28 36.68 70.79 73.96 - Food and beverages 22.97 24.63 25.92 46.98 50.54 - Other services 8.53 11.10 7.82 17.72 18.92
Slide 32: Shareholding Pattern as on 30th September 2024
Shareholding Pattern as on 30th September 2024 Promoter Foreign Portfolio Investors Institutional Investors OTHERS 29.00% Promoter 63.65% Foreign Portfolio Investors 6.68% 63.65% Institutional Investors 0.67% 0.67% Others 29.00% 6.68% Total 100%
Slide 33: 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 AHMEDABAD BENGALURU CHENNAI NEW DELHI GURUGAM NOIDA GOA HYDERABAD JAIPUR
Slide 34: Key Growth Drivers
Key Growth Divers Robust Attractive Policy Boosting Demand Opportunity Support Hospitality International tourist Government has allocated Diverse portfolio of with Thegovernment has arrivals in India expected 100% FDI in Tourism & focus on niche tourism allotted Rs. 2400 crore (US to reach 30.5 mill
Slide 35: 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 36: Business Overview
Business Overview Our Business Structure Our Business Model Our Offerings Competitive Advantage
Slide 37: 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 38: 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 39: Hotelier India Hall of Fame 2021
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 40: 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 was honored with Lifetime Achievement Award from Hospitality Horizon Award
Slide 41: 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 42: Our Wedding Destinations
Our Wedding Destinations Goa « Bangalore Ranthambore « Jaipur Mussoorie » Mahabaleshwar Nagpur - Pushkar Bharatpur + Bhuj Sri Lanka Complimentary Honeymoon Package & Bridal Suite
Slide 43: 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 44: Our Wildlife Destinations
Our Wildlife Destinations Ranthambore Pench National Park Kabini
Slide 45: Contact
CONTACT Royal Orchid Hotels Ltd., KAPTIFY Consulting Mr. Chander K Baljee Investor Relations / Consulting Chairman & Managing Director T: +91 8452886099 E: contact@kaptify.in W: www.kaptify.in Mr. Amit Jaiswal Chief Financial Officer M: +91 99020 00110 E: cfo@royalorchidhotels.com W: www.royalorchid
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