Viceroy Hotels Ltd · NSE:VHLTD
Viceroy Hotels — Q4 FY25 Earnings Presentation
33 slides from Viceroy Hotels's earnings presentation, May 19, 2025
Slide 1: Regulation 30 disclosure cover letter
u VICEROYHOTELS To Date: 19.05.2025 The Manager The Manager, BSE Limited National Stock Exchange of India Limited, P. J. Towers, Dalal Street Exchange Plaza, Bandra Kurla Complex, Mumbai-400001 Bandra (E), Mumbai- 400051. (BSE Scrip Code: 523796) (NSE Symbol: VHLTD) Dear Sir/ Madam, Unit: Viceroy Ho
Slide 2: Viceroy Hotels Limited Investor Presentation Q4 & FY25
/ VICEROYHOTELS Viceroy Hotels Limited Investor Presentation Q4 & FY25
Slide 3: Safe Harbor
Safe Harbor xz VICEROYHOTELS This presentation and the accompanying slides (the “Presentation”), which have been prepared by Viceroy Hotels Limited (the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscri
Slide 4: Financial Highlights FY 2024-25
Financial Highlights FY 2024-25 \\\A VICEROYHOTELS Zin Lakhs } FY 24-25 YoY Growth % FY 23-24 REVENUE : | 13,602.13 14% 11,945.27 i 3755.53 61% 2332.50 EBITDA i| 27.61% ° 19.53% ° MARGIN ; 808 2,049.92 154% 807.49 7,640.58 A 703.30
Slide 5: Financial Highlights Q4 FY25
Financial Highlights Q4 FY25 \/ VIcEROYHOTELS Zin Lakhs ) Q4 FY25 YoY Growth % Q4 FY24 REVENUE : ) i 3660.60 5% 3470.84 EBITDA - i 1,083.70 59% 681.51 EBITDA i . - . MARGIN | 29.60% o 19.64% i 707.34 6% 210.24 774.49 o 13.29
Slide 6: Revenue Breakup
Revenue Breakup \/ VIcEROYHOTELS Xin crores Rooms Revenue Food & Beverages Revenue ' ! ii 71.37 ii 56.67 £ | 6677 i E i 47.60 fH iH i i H i i H H i i i i i H i i i i i 19.61 1922 i i | 13.57 19 i iH iH H i iH iH ii i Q4 FY 24 Q4 FY 25 FY 24 FY25 RGeS QU B2 [AZE]
Slide 7: Enhanced Operational Efficiencies
Enhanced Operational Efficiencies \/ VIcEROYHOTELS Staff to Room ratio : Utilities to revenue 0.98% 0.93% 8.93% I I 3 I ] Fy24 FY25 Fy24 Fy25 Payroll costs as % to revenue Raw Material Costs as % of F&B Revenue 16.97% 16.50% i 11.82% 1159% FY24 FY25 FY24 FY25
Slide 8: Key Operational Metrics
Key Operational Metrics \/ VIcEROYHOTELS ADR (Rs.) FY 2024-25 FY 2023-24 Q4 FY25 Q4 Fy24 6,864 6,752 1.66% 7,689.8 7,457.8 3.11% oy 6,758 6,616 2.15% 7,933.4 7,670.6 3.43% Combined 6,834 6,707 1.89% 7,769.0 7,520.0 3.31% 69.40% 62.10% 11.76% 72.70% 68.60% 5.98% oy 72.60% 79.20% -8.33% 54.10% 75.20%
Slide 9: Profit & Loss
Profit & Loss A / A VICEROYHOTELS X in Lakhs Particulars FY 2024 FY 2023-24 YoY% Total Income 13,602.13 11,945.27 13.87% Total Expenditure 11,552.21 11,137.77 3.72% EBITDA 3,755.53 2,332.50 61.01% EBITDA Margin 27.61% 19.53% 808 bps Depreciation& amortisation 1,210.14 1,382.62 -12.47% Finance Costs
Slide 10: Standalone Balance Sheet
andalone Balance Sheet xz VICEROYHOTELS X in Lakhs PARTICULARS (X Lakhs) MARCH 31, 202! MARCH 31, 2024 Non Current Assets Fixed Assets 17,837.15 18,284.61 Capital work in progress 1,531.99 153.74 Other Non Current Assets 6,033.87 417.46 Current Assets 5,753.46 5,091.28 Total Assets 31,156.47 23,947.
Slide 11: Growth & Expansion Plans
Growth & Expansion Plans / VICEROYHOTELS Management has outlined a plan to invest X100+ Cr over the next 2-3 years to renovate and upgrade existing properties Phase | Phase Il Phase Il Courtyard 6th and 7th Floor — * 168 Guest Rooms of 4 F&B outlets and Executive 56 Guest Rooms to be Marriott to be
Slide 12: Ongoing Renovation
Ongoing Renovation \ £ VICEROYHOTELS
Slide 13: Future Development Plans
Future Development Plans \/ VIcEROYHOTELS MADHAPUR PROJECT ( IN PIPELINE) Proposed hotel to be operated under the brand Courtyard by Marriott COURTYARD BY MARRIOTT 200 Rooms Approx 7000 Sq yards area
Slide 14: Company Profile
Company Profile \/ VIcEROYHOTELS (44 Our vision at Viceroy Hotels is to transform Asia's hospitality landscape, aiming to be a top brand L& £ | =8 2 a5 4.5 407 10,000 sqft 06 Acres Plot Area : Rooms Convention Centre F & B Outlets s Outdoor Pool 13
Slide 15: Marriott
Marriott xz VICEROYHOTELS 295 Rooms 5 F&B Outlets 303 Restaurants Seating Capacity 10,000 sqgft Convention Centre 14
Slide 16: Courtyard By Marriott
Courtyard By Marriott xz VICEROYHOTELS 168 Rooms (incl 56 being added) 2 F&B Outlet (Incl 1 being added) 180 Restaurants Seating Capacity i3
Slide 17: Highlights of Hospitality Sector
Highlights of Hospitality Sector xz VICEROYHOTELS The industry remains underpenetrated, given relatively lower air traffic and inadequate infrastructure compared to global standards The total hospitality industry in India Travel and tourism are two of the largest currently comprises 212,000 rooms, i
Slide 18: Indian Hotel Sector Set for Significant Growth
Indian Hotel Sector Set for Significant Growth \/ VIcEROYHOTELS Key Metrics 12000 72% The travel market in India is projected to reach $ 125 Bn by FY27 from $ 75 Bn in FY20 10000 71% 71% According to World Travel & Tourism Council (WTTC), over the To% 70% next decade, India’s Travel & Tourism’s GDP
Slide 19: Driven by Key Factors
Driven by ree Key Factors {\A VICEROYHOTELS E = _—%3 Total Air Traffic Domestic Air Traffic International Air Traffic Foreign Tourist Arrivals 400.8 Mn 325.3 Mn 75.5 Mn 9.65 Mn 8% 15% 7% 16% 13% 8% 1% -12% Over 2023 Over2019 Over 2023 Over 2019 Over 2023 Over2019 Over2023 Over2019 Domestic travelers
Slide 20: MICE: Accelerators for Hospitality Expansion
MICE : Accelerators for Hospitality Expansion ‘\\A VICEROYHOTELS Corporate expenses on conveyance and travelling Indian MICE market size in $ Bn (xcr) 10.5 11,988 10,898 Catalyst for 6,425 hospitality growth 4 6/ with improved ARR & F&B revenue 2021 2022 2023 2024E 2023 2030 Source: Coherent Market
Slide 21: Market Drivers
Market Drivers xz VICEROYHOTELS Expanding Corporate Sector The rapid growth of India's corporate sector has led to arise in business-related events, boosting the demand for MICE services Infrastructure Development The government's emphasis on infrastructure improvement has resulted in the creation o
Slide 22: Hyderabad hospitality market
xz VICEROYHOTELS The footfall into Hyderabad stood at 17.46 lakhs in the year 2022, jumped to 20.32 lakhs in the year 2023 with the hotels in the city's HYDERABAD IT corridor recording about 80 percent occupancy Leader in RevPAR growth in Q2Fy24 11.9% f Yov In 2023 with a growth of 19-21%, Hyderabad
Slide 23: Background
Background \/ VICEROYHOTELS Viceroy Hotels Limited has been in the business of Hospitality since 1993, opening its flagship Viceroy . 0 1 Hotel in the heart of the city and was one of the first few 5 Star Hotels in Hyderabad. Further in 2006 the company got into a management agreement with Marriott
Slide 24: Restructuring of Shareholding Pattern
Restructuring of Shareholding Pattern \/ VIcEROYHOTELS & &=YR (i) &) The Equity Shares held by the Existing Public The public shareholders' equity holding was As a result, the pre-CIRP shareholding of public Shareholders were restructured, reduced, adjusted to 6,31,579 shares in the post-CIRP shareh
Slide 25: Key Management Personnel
Key Management Personnel xz VICEROYHOTELS Mr. Ravinder Reddy KONDA REDDY RAVINDER REDDY | Managing Director & CEO Mr. Ravinder Reddy Kondareddy, an accomplished BE (Electronics) graduate from RV College of Engineering, Bangalore, Karnataka, holds the esteemed positions of Managing Director and CEO.
Slide 26: Key Management Personnel
Key Management Personnel \/ VICEROYHOTELS Mr. S.P. Reddy SOLIPURAM PRABHAKAR REDDY| Non-Executive & Non-Independent Director Mr. S.P. Reddy is recognized as a versatile entrepreneur and investor with a diverse portfolio spanning the United States and India. His business interests include Information
Slide 27: Key Management Personnel
Key Management Personnel &A VICEROYHOTELS ANIRUDH REDDY KONDA REDDY | Non-Executive & Non-Independent Director Anirudh Reddy Konda Reddy, hailing from a family with a 15-year legacy in the real estate business across Hyderabad, Kurnool, and Bangalore, has recently stepped up to lead his family's ven
Slide 28: Management
Management \/ VICEROYHOTELS PRADYUMNA KODALI | Chief Operating Officer Mr. Pradyumna Kodali is an accomplished finance and hospitality professional with a Bachelor’s degree in Engineering from BITS Pilani. His career has taken him across international borders, notably with OYO, where he significantl
Slide 29: Historical Financial Highlights
Historical Financial Highlights ‘\\A VICEROYHOTELS Historically Positive Operating Performance XinCr _ FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 Sales 84.22 83.14 83.83 88.09 88.11 24.65 46.89 98.65 118.44 132.49 Expenses 46.43 53.8 57.98 73.18 81.52 86.
Slide 30: Overview of Debt
ew of Debt &A VICEROYHOTELS Successfully navigated the NCLAT, achieving a substantial debt reduction ZIn Lakhs Particulars FY 2025 FY 2024 FY 2023 Debt 4662 6438 38472 Cash & Balance 659 3014 1155 Net Debt 4003 3424 37317 Networth 24432 11915 -40115 Operating Cash Flow 1509 1128 940 29
Slide 31: Investment Strategy
Investment S rategy X/~ VICEROYHOTELS © GREEN FIELD PROJECT Seeking opportunities to invest in new and innovative projects § é BROWN FIELD PROJECT Strategic sites are identified for their potential to appeal to and support our guests [§ NCLT - DISTRESSED ASSETS Changing challenges into rewarding opp
Slide 32: Meticulously Invest on Three Core Criteria
Meticulously Invest on Three Core Criteria: \/ VICEROYHOTELS FINANCIAL VIABILITY = We ensure that each investment is a financially sound decision LOCATION FEASIBILITY 29 Strategic locations are chosen for their potential to attract and serve our guests UNIQUE VALUE PROPOSITIONS @ Strategic locations
Slide 33: Thank You
&z VICEROYHOTELS Viceroy Hotels Limited CIN: L55101TG1965PLC001048 (®) MUFG MUFG Intime India Private Limited A part of MUFG Corporate Markets, a division of MUFG Pension & Market Services Ms. Pooja Swami pooja.swami@in.mpms.mufg.com Mr. Prathmesh Parab prathmesh.parab@in.mpms.mufg.com Thank You