Slide 1: Submission of presentation to investors / analysts
CIN: L55101WB1949PLC017981 CORPORATE OFFICE: 7, SHAM NATH MARG, DELHI – 110 054, INDIA TELEPHONE: +91 - 11- 2389 0505 WEBSITE: www.eihltd.com / E-MAIL: isdho@oberoigroup.com 05th June 2024 The National Stock Exchange of India BSE Limited Limited Corporate Relationship Dept. Exchange Plaza, 5th Floor
Slide 2: EIH Limited Earnings Call: Q4FY24
Classification | External EIH Limited Earnings Call: Q4FY24 Investors’ Conference Call Quarter ended 30th June 2023 1 The Oberoi Amarvilas, Agra
Slide 3: India Hotel Sector Outlook 2024
Classification | External India Hotel Sector Outlook 2024 The sector is poised for significant expansion, fueled by ongoing growth in domestic tourism and corporate travel, including the MICE segment Key growth drivers: Inbound Tourism Wedding Market Grandeur MICE Sports Tourism Luxury
Slide 4: Indian Hotel Market – 2023
Classification | External Indian Hotel Market – 2023 Recovery in MICE and corporate travel segments significantly contributed to the positive trajectory of major commercial markets such as Mumbai and New Delhi As the Indian hotel sector experiences a revival in average rates, reminiscent of the
Slide 5: Operations Q4FY24
Classification | External Operations Q4FY24 Operational Performance Best Performing Q1 in the history of the Company Wildflower Hall, An Oberoi Resort 4
Slide 6: EIH maintains consistent RevPAR Leadership over STR Competition Set
Classification | External EIH maintains consistent RevPAR Leadership (127%) over STR Competition Set All Domestic Hotels including Managed 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 Oc
Slide 7: Elevated Q4 Positioning Y-o-Y
Classification | External Elevated Q4 Positioning Y-o-Y All Domestic Hotels including Managed 60,000 50,000 Oberoi Leisure - CY 15% Oberoi Leisure - LY 40,000 ARR (Rs) 30,000 Oberoi Metro - CY 11% 20,000 Oberoi Metro - LY Trident Metro - LY Trident Metro - CY 8% Trident Leisure - CY 10,000 12% Other
Slide 8: Trends in International Locations [Jan to Mar 2024]
Classification | External Trends in International Locations [Jan to Mar 2024] Morrocco [LY] Morrocco [CY] UAE [LY] Mauritius [CY] UAE [CY] Mauritius [LY] ARR (USD) Egypt [LY] Egypt [CY] Indonesia [LY] Indonesia [CY] Occupancy 7
Slide 9: Q4 RevPAR grew 11% and 15% Y-o-Y
Classification | External Q4 RevPAR grew 11% and 15% Y-o-Y ‘Owned’ and ‘All Domestic’ hotels (including managed) respectively Figures in INR Q4 Q4 Q4 Q4 Q4 Pre-Covid Covid 1st wave Recovery Covid Recovery Omicron Post-Covid after 1st wave 2nd after 2nd wave wave wave 16,962 16,940 15,284 16,392 13,3
Slide 10: Q4 ARR/Occupancy trends by month
Classification | External Q4 ARR/Occupancy trends by month All Domestic Hotels including managed 86% Occupancy 85% 80% FY24 Quarterly Occupancy & ARR 79% FY23 81% 80% 21,000 78% 80% 19,000 76% 19,713 75% 17,963 17,000 70% 15,000 January February March 13,000 65% 11,000 60% 9,000 55% 21,199 ARR ARR 7
Slide 11: Q4 RevPAR Y-o-Y growth by City
Classification | External Q4 RevPAR Y-o-Y growth by City All Domestic Hotels including Managed 41% 36% 33% RevPAR Growth 23% 21% 16% 15% 10% 9% 7% 5% # 6% -3% Agra Delhi / NCR International Jaipur / Bhubaneswar Chennai Mumbai Kolkata Hyderabad Bengaluru Udaipur Cochin Shimla / Ranthambore Chandigarh
Slide 12: Strong Room Revenue Tailwinds across Segments
Classification | External Strong Room Revenue Tailwinds across Segments All Domestic Hotels including Managed FY20 FY21 FY22 FY23 FY24 250 Cr 200 Cr Corporate 150 Cr Direct 100 Cr Leisure MICE 50 Cr 0 Cr (50 Cr) 11
Slide 13: Strong Bounce Back in Q4 Flight Catering & Airport Lounge Business
Classification | External Strong Bounce Back in Q4 Flight Catering & Airport Lounge Business Revenue EBITDA Q4FY19 Q4FY20 Q4FY21 Q4FY22 Q4FY23 Q4FY24 Q4FY19 Q4FY20 Q4FY21 Q4FY22 Q4FY23 Q4FY24 140 50 43 120 115 40 Margin 38% 100 30 82 22 80 20 66 60 10 7 5 41 40 30 0 EBITDA 17 20 -10 -6 -9 0 -20 12
Slide 14: Financials Q4FY24
Classification | External Financials Q4FY24 Growth in Financial Performance The Oberoi Gurgaon
Slide 15: Financial Performance – Q4FY24
Classification | External Financial Performance – Q4FY24 Standalone and Consolidated Revenue Expenses EBITDA Funds PAT
Slide 16: Strongest Q4 Standalone performance
Classification | External 800 Strongest Q4 Standalone performance Strongest Q4 180 Figures in INR Crores Revenue EBITDA PAT 159 692 700 147 130 600 587 500 463 470 80 67 434 416 416 399 56 400 45 48 51 355 39 366 367 330 36 30 26 23 300 300 277 13 16 279 249 186 198 200 (7) -20 130 144 99 113 108 10
Slide 17: Strongest Financial Year (Standalone) performance
Classification | External 2,500 Strongest Financial Year (Standalone) performance Strongest FY600 Figures in INR Crores 2,317 Revenue EBITDA PAT 521 500 2,000 1,836 400 1,627 320 300 1464 1434 1,434 1,500 1377 1366 1279 1177 200 1143 1147 122 124 1,000 907 102 101 112 113 911 911 100 97 97 57 65 63
Slide 18: Strongest Q4 Consolidated Performance
Classification | External Strongest Q4 Consolidated* Performance Figures in INR Crores 900 300 Revenue EBITDA PAT 781 800 248 250 700 664 200 600 531 150 500 431 400 344 100 317 92 300 231 231 50 200 163 20 33 20 105 0 100 (10) 35 -50 0 (49) -100 -100 Q4FY19 Q4FY20 Q4FY21 Q4FY22 Q4FY23 Q4FY24 *Conso
Slide 19: Strongest Financial Year (Consolidated) Performance
Classification | External Strongest Financial Year (Consolidated*) Performance Figures in INR Crores 3,000 800 Revenue EBITDA PAT 2,626 678 2,500 600 2,096 2,000 1,880 400 1,675 339 1,500 200 149 165 1,054 1,042 1,000 0 (91) 675 555 475 500 369 -200 55 0 (234) -400 (375) -500 -600 FY19 FY20 FY21 FY2
Slide 20: Strong Standalone Funds position
Classification | External Strong Standalone Funds position Figures in INR Crores 570 371 188 227 129 -61 -193 -217 -250 -264 -271 -362 -359 -338 Net Cash Positive -453 -560 Jun 30, Sep 30, Dec 31, Mar 31, Jun 30, Sep 30, Dec 31, Mar 31, Jun 30, Sep 30, Dec 31, Mar 31, Jun 30, Sep 30, Dec 31, Mar 31,
Slide 21: Strong Consolidated Funds Position
Classification | External Strong Consolidated Funds Position Figures in INR Crores 744 684 542 509 468 256 94 76 -20 -75 -80 -174 -168 -133 Net Cash Positive -270 -384 Jun 30, Sep 30, Dec 31, Mar 31, Jun 30, Sep 30, Dec 31, Mar 31, Jun 30, Sep 30, Dec 31, Mar 31, Jun 30, Sep 30, Dec 31, Mar 31, 2020
Slide 22: Financial Statements Q4FY24
Classification | External Financial Statements Q4FY24 The Oberoi Marrakech, Morro 21
Slide 23: Performance Highlights (Standalone)
Performance Highlights (Standalone) Classification | External STANDALONE P&L QTR 4 Figures in Rs Crores rounded to first decimal FY24 FY23 Revenue from Operations 649.3 563.4 Other Income 43.1 23.5 TOTAL INCOME (A) 692.4 586.9 18% Consumption 59.7 48.7 Employee Benefits (excluding third party cost)
Slide 24: Performance Highlights (Standalone)
Classification | External Performance Highlights (Standalone) Q-o-Q STANDALONE Financial Results for starting from Q1 FY22 to Q4 FY24 Revenue EBITDA PBT (before exceptional PAT items) 309 300 273 267 680 692 187 249 214 587 159 193 147 525 154 157 120 490 148 104 455 114 90 85 368 94 90 78 57 53 324
Slide 25: Performance Highlights (Consolidated)
Performance Highlights (Consolidated) Classification | External Consolidated P&L QTR 4 Figures in Rs Crores rounded to nearest first decimal FY24 FY23 Revenue from Operations 741.3 637.1 Other Income 39.7 26.8 TOTAL REVENUE (A) 781.0 663.9 18% Consumption 64.4 52.8 Employee Benefits*(excluding third
Slide 26: Performance Highlights (Consolidated)
Classification | External Performance Highlights (Consolidated) Q-o-Q CONSOLIDATED Financial Results for starting from Q1 FY22 to Q4 FY24 Revenue EBITDA PBT (before exceptional items) PAT 781 770 664 353 344 328 603 552 322 248 230 523 201 417 226 231 196 412 180 149 379 165 145 317 130 10694 118101
Slide 27: Premium positioning reflected in Awards & Accolades
Classification | External Premium positioning reflected in Awards & Accolades Travel +Leisure, USA World’s Best Awards 2023 Travel +Leisure, Asia Delicious Dining Awards 2023 • Oberoi Hotels & Resorts enters Travel +Leisure, USA Hall of Fame • Best Hotel Brand for Service Excellence: Oberoi Hotels &
Slide 28: Premium positioning reflected in Awards & Accolades
Classification | External Premium positioning reflected in Awards & Accolades Conde Nast Traveller, India, Readers’ Travel Awards, Telegraph Travel Awards, UK 2023 2023 • Oberoi Hotels & Resorts ranked #2 as the Best Hotel Group • Favorite Indian Hotel For Service: The Oberoi, New Delhi (Winner for
Slide 29: Business Footprint
Classification | External Business Footprint st Period ended 31 March 2024 The Oberoi Marrakech, Morrocco 28
Slide 30: Corporate Structure
Classification | External Corporate Structure EIH Limited Within EIH Mumtaz Hotels Mashobra Resort EIH Associated Hotels EIH International Ltd 13 Hotels Limited Limited Limited Hotel Business • The Oberoi Amarvilas • The Oberoi, New Delhi • Wildflower Hall, Shimla • The Oberoi Rajvilas EIH Holdings
Slide 31: Widespread presence across attractive destinations
Classification | External Classification | External Widespread presence across International presence attractive destinations 1. The Oberoi, Marrakech | 84 497 2. The Oberoi Zahra, Luxury Nile Cruiser | 27 3. Oberoi Beach Resort, Sahl Hasheesh, Egypt |102 4. The Oberoi Beach Resort, Al Zorah | 89 Ke
Slide 32: Widespread presence across attractive destinations (Contd.)
Classification | External National presence Widespread presence across attractive 1. Wildflower Hall, An Oberoi Resort, Shimla | 85 2. The Oberoi Cecil, Shimla | 75 destinations (Contd.) 3. The Oberoi Sukhvilãs Spa Resort, New Chandigarh | 60 4. The Oberoi, Gurgaon | 202 5. The Oberoi, New Delhi | 2
Slide 33: Thank You
Classification | External THANK YOU The Oberoi, New Delhi