Itc Hotels Ltd · NSE:ITCHOTELS
Itc Hotels — Q1 FY2026 Earnings Presentation
38 slides from Itc Hotels's earnings presentation, Jul 16, 2025
Slide 1: Q1 FY26 Results
Q1 FY26 Results ITC Ratnadipa, Colombo 16th July 2025
Slide 2: Disclaimer
Disclaimer This presentation contains certain forward-looking statements including those describing the Company’s strategies, strategic direction, objectives, future prospects, estimates etc. Investors are cautioned that “forward looking statements” are based on certain assumptions of future events
Slide 3: Macro-Economic Environment
Macro-Economic Environment 3 ITC Maurya 3
Slide 4: India on a Strong Growth Trajectory
India on a Strong Growth Trajectory Resilient Macro Trends & Outlook Highest GDP growth amongst large economies Rising Consumer spending (PFCE) Real GDP Growth % 2024 2030 CAGR F ₹ in Lakh Crores 106 6.5 6.5 99 5.0 94 4.3 4.1 3.9 3.3 3.1 2.8 85 2.0 1.8 1.7 India Emerging China World USA Advanced 19-
Slide 5: Operating Environment
Operating Environment Resilient Macro Trends & Outlook Near term demand growth impacted Long term demand remains robust KEY MONITORABLES India (Luxury, Upper Upscale & Upscale) Supply CAGR Demand CAGR 8% 10.5% 9.1% 5% 5% 7.4% 4% 6.3% Sustenance of economic growth amidst Geopolitical disruptions -1%
Slide 6: Key Performance Highlights
Key Performance Highlights 6 ITC Kohenur 6
Slide 7: Key Performance Highlights
Key Performance Highlights Highest ever Revenue and Profits in Q1 Great Place to Work; Ranked #5 in India • Standalone Revenue at ₹ 783 cr. up 20% & Profit after Tax at ₹ 150 cr. up 47% • Robust growth across all revenue streams Portfolio expands to 200+ (incl. pipeline) • 55 hotels signed & 25 Hote
Slide 8: Highest Ever First Quarter Revenue & Profits
Highest Ever First Quarter Revenue & Profits Total Revenue ₹ 783 Cr 20% ₹ 237 Cr 13% Up 19% on a EBITDA Comparable basis Avartana, ITC Maurya Avartana, ITC Maurya ITC Grand Bharat, Gurugram Mementos Jaipur Up 130 bps on a EBITDA Margin 32% Comparable basis PAT ₹ 150 Cr 47% PAT Margin 19% 360 bps ITC
Slide 9: Growth Momentum Continues
Growth Momentum Continues Performance Metrics - Q1 Operating Revenue Segmentation - Q1 RevPAR & Growth Occ% Room Rev F&B Rev Others 73% 70% 25-26 50% 40% 10% 62% +13% +11% 24-25 50% 41% 9% 7000 6300 7900 23-24 50% 42% 8% FY24 FY25 FY26 Domestic Owned Hotels 9 Q4FY25&FY25Results Rounded off values
Slide 10: RevPAR Outperformance across Cities
RevPAR Outperformance across Cities 34% RevPAR Premium over Industry* +75% +26% +23% +34% +53% +53% +34% +71% +63% India Hyderabad Agra Ahmedabad Jaipur Chennai Kolkata New Delhi Bengaluru Industry* RevPAR ITC Hotels RevPAR *Luxury, Upper Upscale & Upscale Data for YTD May’25 (Domestic Owned Hotels)
Slide 11: Food & Beverage Excellence
Food & Beverage Excellence (₹ in Cr.) Q1: Y-o-Y F&B Revenue & growth +13% +9% +4% x 1.3x 1.4x 1.5x 1.7x 19-20 22-23 23-24 24-25 25-26 • Iconic F&B Brands • Strategic refresh of F&B Portfolio • Growing Institutional Catering Avartana, ITC Maurya Domestic Owned Hotels 11 11 Review : 2024-2025
Slide 12: ITC Ratnadipa: A Jewel in Colombo's Skyline
One of its Kind Mixed Use Development ITC Ratnadipa: A Jewel in Colombo’s Skyline 352 Keys Hotel + Retail Spaces + Residences Strong Q-o-Q RevPAR Growth RevPAR in LKR x 1.8x Features in Q1FY25 Q1FY26 Condé Nast Traveller's Hot List 2025 Consistent RevPAR Leader 12 12 Review:2024-2025
Slide 13: Hotels Portfolio Grows to 200+ Hotels
Hotels Portfolio Grows to 200+ 201 Key Milestone Accelerated Signings Hotels (Incl. 58 in the Pipeline) 8 Signings in Q1 FY26 30 24 Anchored on ‘Asset-Right’ Strategy 16 16 Signed 55 Hotels & Opened 25 Hotels in last 24 Months* 8 Healthy Pipeline of 5300+ keys Well balanced portfolio across business
Slide 14: Refreshed 'Club ITC' Loyalty Program
Refreshed ‘Club ITC’ Loyalty Program An integrated, high-engagement loyalty ecosystem to drive guest retention and spend. One Membership. Endless Privileges Single programme for stays, dining, spa, and events – enhancing value across all guest touchpoints More Earnings , More Joy Instant Gratificati
Slide 15: Refreshed 'Club ITC' Loyalty Program
Refreshed ‘Club ITC’ Loyalty Program An integrated, high-engagement loyalty ecosystem to drive guest retention and spend. Exclusive & Elite : Platinum Select Points Never Expire A new lifetime tier for our most valued patrons No Point Expiry for active members Integrated Operations Backbone Automate
Slide 16: Global Exemplar in Sustainability
Global Exemplar in Sustainability World’s First 9 LEED® Zero Water Certified Hotels 23 LEED Platinum® certified Hotels Largest chain in the world to achieve this feat ITC Grand Bharat joins the list in Q1FY26 World’s first 12 Hotels to receive Carbon LEED® Zero Carbon Certification USGBC Leadership
Slide 17: Key Awards & Accolades
Key Awards & Accolades 2025 2025 2025 2025 ITC Hotels Limited Welcomhotel By ITC Ratnadipa ITC Grand Bharat Ranked #5 ITC Hotels, Shimla India’s Best Best of the Best LEED Zero Water Companies To Hotels, India Hot List Certification Work For Great Place To Work TripAdvisor Travellers’ Choice Condé N
Slide 18: Operational Excellence
Operational Excellence ITC Narmada 18
Slide 19: Avartana's Maiden Tour of France
Avartana’s Maiden Tour of France First Ever Pop Up by an Indian Restaurant at Iconic French Vineyards Exclusive, Historic Venues: Chateau Haut Brion and Champagne Palmer Estates. 19 Q4FY25&FY25Results
Slide 20: Guest Satisfaction Index
Guest Satisfaction Index Net Promoter Score Response Rate Online Rating One of the Best NPS scores Active feedback High Customer in the Industry monitoring Satisfaction Rating 84 99% 4.74 98.98% (Global Average 57*) (Global Average 4.2*) Data for YTD 30th June 2025; Global averages are for calendar
Slide 21: Operational Excellence
Operational Excellence Thrust on Improving Productivity | Efficiency Food & Bev. Cost (% of F&B Revenue) People Cost ^ (% of Revenue from Ops) 25.3% 25.1% 24.9% 23.7% Q1FY25 Q1FY26 Q1FY25 Q1FY26 Energy Cost (% of Revenue from Ops) Other Operating Cost^ (% of Revenue from Ops) 6.0% 27.9% 5.6% 27.0% Q
Slide 22: Key Growth Enablers
ITC Grand Goa Key Growth Enablers 22 Review : 2024-2025
Slide 23: Strategic Pillars
Strategic Pillars CONTINUED INVESTMENT TO ENHANCE BRAND ASSET RIGHT DIGITAL FIRST SUSTAINABILITY EMPLOYER OF CHOICE EQUITY • Brands & Marketing •Asset right approach to • Best in Class Guest • Enhance Supremacy • Robust Talent Pool o Rooms accelerate growth experience across all brands • Communicati
Slide 24: Growing Hotels Footprint
Growing Hotels Footprint Existing Hotels Current Operating Footprint 7 Hotels in pipeline 19 2 140+ Hotels 6 1 9 10 5 13,300+ Keys 15 6 5 1 1 1 (Owned / Managed Mix By % Keys : 42% / 58% ) 6 7 1 13 2 3 4 3 6 6 3 1 By 2030 6 1 2 1 7 3 220 Hotels 10 3 5 2 20,000+ Keys 1 1 (Owned / Managed Mix By % Key
Slide 25: Driving Capital Efficient Growth
Driving Capital Efficient Growth Owned Hotels ► Significant headroom to drive RevPar growth ► About 25%* Inventory < 5 years old, operating at <70% Occupancy ► ITC Ratnadipa, Colombo → significant contributor to Revenue & EBITDA going forward Welcomhotel Puri* Welcomhotel Bhubaneshwar Upcoming proje
Slide 26: Significant Headroom for Growth
Significant Headroom for Growth ITC Royal Bengal (FY20) WH Bhubaneswar (FY22) ITC Narmada (FY23) ITC Ratnadipa (FY25) About 25% Inventory operating at <70% Occupancy levels 26 26 26
Slide 27: Strong Growth Enablers in Place
Strong Growth Enablers in Place Healthy Cash Reserves & Cash Generation to accelerate growth Capital Investments → Renovations | on-going Projects | new Greenfields & others - Estimated at c.8-10% of Revenue cumulatively Well positioned to execute selective Inorganic Opportunities - Value accretive
Slide 28: Accelerating Growth through Managed Hotels
Accelerating Growth through Managed Hotels Expansion of Welcomhotel Bhubaneshwar 101 Keys 5 Decades of Bouquet of Brands Sustainability Hospitality Expertise across Segments Leadership Welcomhotel Jabalpur Food & Beverage Smart Revenue Strong Loyalty Supremacy Management & Distribution Robust Proces
Slide 29: Robust Growth Pipeline: 58 Hotels with 5300+ Keys
Robust Growth Pipeline: 58 Hotels with 5300+ Keys 2 Hotels 17 Hotels 12 Hotels 24 Hotels 3 Hotels 420 Keys 2226 Keys 655 Keys 1909 Keys 130 Keys ► High Quality of signed pipeline; High salience of Brownfield Assets • > 1 Hotel opening per month for next 24 months • Leverage momentum to accelerate fu
Slide 30: Sustainability 2.0 Agenda
Sustainability 2.0 Agenda 2030 Sustainability Goals Net Zero Carbon Goal LEED® Zero Carbon status for all Owned Hotels To exceed 2050 GHG sectoral emissions targets set as per COP 21 Waste Reduction Solid waste reuse / recycling > 99% Water Efficiency LEED® Zero Water Status for > 50% of Owned Hotel
Slide 31: ITC Hotels Poised For Next Horizon Of Growth
ITC Hotels Poised For Next Horizon Of Growth Committed to Long-term Value Creation Future Ready Climate Positive Consumer Centric Inclusive Responsible Luxury Strengthen Brand Portfolio ► Bold Sustainability 2.0 agenda ► Signature Cuisine Brands ► Bespoke service offerings Drive Scale & Profitabilit
Slide 32: Annexures
Annexures 32 32
Slide 33: Standalone Financials
Standalone Financials Statement of Profit & Loss ₹ In Cr. Particulars Q1 FY26 Q1 FY25 YoY Revenue From Operations 744 650 14% Other Income 39 3 Total Revenue 783 653 20% Total Operating Expenses 506 440 15% EBITDA 237 210 13% Up 19% on a Comparable basis EBITDA Margin % 32% 32% - Up 130 bps on a Com
Slide 34: Consolidated Financials
Consolidated Financials Statement of Profit & Loss ₹ In Cr. Particulars Q1 FY26 Q1 FY25 YoY Revenue From Operations 816 706 16% Other Income 44 10 Total Revenue 860 716 20% Total Operating Expenses 571 500 14% EBITDA 245 206 19% Up 26% on a Comparable basis EBITDA Margin % 30% 29% +85 bps Up 246 bps
Slide 35: Room Segment Snapshot
Room Segment Snapshot Q1FY25 Q1FY26 59% 56% 24% 20% 17% 19% 2% 3% Retail Contracted MICE + Weddings Crew Higher MICE movements Higher auspicious dates in Q1, boost Weddings Data for Q1FY26 Domestic Owned Hotels 35 35
Slide 36: Strong Multi-channel Distribution Network
Strong Multi-channel Distribution Network Unit Reservations Website and App Guest Call Centre 33% 19% 15% Online Travel Agents GDS 16% 17% Data for Q1FY26 Domestic Owned Hotels 36 Q4FY25&FY25Results Review:2024-2025
Slide 37: Brand landscape
Brand landscape Operational Pipeline Total Brands Hotels | Keys Hotels | Keys Hotels | Keys 16 | 4789 - 16 | 4789 2 | 181 2 | 420 4 | 601 27 | 3002 17 | 2226 44 | 5228 7 | 235 12 | 655 19 | 890 57 | 4263 24 | 1909 81 | 6172 34 | 999 3 | 130 37 | 1129 Total 143 | 13469 58 | 5340 201 | 18809 Status as
Slide 38: Thank You
Jk ITC HOTELS LIMITED THANK YOU