Chalet Hotels Ltd. · NSE:CHALET
Chalet Hotels — Investor Presentation (August 2025)
34 slides from Chalet Hotels's investor presentation, Aug 11, 2025
Slide 1: Exchange filing cover letter: Corporate Presentation
August 11, 2025 National Stock Exchange of India Limited BSE Limited Exchange Plaza Corporate Relationship Department Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (East), Dalal Street, Fort, Mumbai 400 051. Mumbai 400 001. Scrip Code: CHALET Scrip Code: 542399 (Equity) 976529 (Non-Convert
Slide 2: Corporate Presentation August 2025
CORPORATE PRESENTATION AUGUST 2025
Slide 3: Safe Harbour
Safe Harbour This release has been prepared by Chalet Hotels Limited (CHL) and the information on which it has been based or derived from sources that we believe to be reliable. Whilst all reasonable care has been taken to ensure the facts stated are accurate and the opinions given are fair and reas
Slide 4: K Raheja Corp – Group Overview
K Raheja Corp – Group Overview Over 6 Decades Pan India USD 5.8 Bn (4) of experience Market Capitalization presence of 3 listed entities Office Hospitality Malls Residential Retail Leasable Area c. 5,000+ keys (2) 7 Malls Developed Operates 299 >55 msf(1) residential spaces retail stores Group Hotel
Slide 5: Chalet Hotels Limited – Overview
Chalet Hotels Limited – Overview
Slide 6: Our Presence
Our Presence Current Pipeline Total Uttarakhand (141) New Delhi Faridabad (158) Hotels 11 5 16 Keys 3,351* ~1,200 ~4,550 MMR# (1,517) Hyderabad (595) Pune (311 )/Khandala (117) Goa Bengaluru (512) CRE 2.4 0.9 3.3 (msf+) Thiruvananthapuram *As on 31st July 2025; CRE: Commercial Real Estate +million s
Slide 7: Scalable, Sustainable Model
Scalable, Sustainable Model Growth & Expansion Strategy Strategic Location Advantage 1. Returns Focused Asset Expansion Strategic developments and acquisitions focused on maximizing RoCE 2. Growth Pipeline Visibility 7 10 Tangible pipeline of asset additions ensuring sustained future growth Current
Slide 8: Value Enhancement Strategy
Value Enhancement Strategy Superior Operational Active Asset Capabilities Management Proven Operational Talent Nurturing & Value Relationship Sustainability Outperformance Development Maximization Management in Action Proven track record of Robust in-house training Active asset-level Strong relation
Slide 9: Accelerating with Strong Industry Tailwinds
Accelerating with Strong Industry Tailwinds Strong Macro India’s nominal GDP to surge to US$6.8 trillion Environment by FY30, reflecting a 10.1% CAGR from FY251 Pan-India demand expected to grow by 11.6% over a period of 2022-27, with a Favourable corresponding supply increase of 9.0%. demand – supp
Slide 10: Under A Strong Leadership
Under A Strong Leadership Hetal Gandhi Chairman & Independent Director Arthur De Haast Joseph Conrad D’Souza Radhika Piramal Manish Chokhani Independent Director Independent Director Independent Director Independent Director Ravi C. Raheja Neel C. Raheja Sanjay Sethi Shwetank Singh Promoter & Non-Ex
Slide 11: Promoting A People-First Culture
Promoting A People-First Culture Building Capability. Enabling Wellbeing. Inspiring Growth. ▪ Chalet continues to invest in skilling and re-skilling initiatives, reinforcing our commitment to nurturing talent, in line with our employee-first philosophy. ▪ Chalet fosters a high-performance culture by
Slide 12: Our Sustainability Story
Our Sustainability Story Green Buildings Energy Management DJSI Score E-Mobility 6 Corporate USGBC LEED Assets Gold certified 60% 67 Sustainability Working toward 100% EV fleet in 2025 Assessment Score 100% operational assets Renewable Energy have EV charging stations 4 Design certifications (LEED/
Slide 13: Climate Change Actions
Climate Change Actions Initiative EP100 (Energy Productivity): RE100 (Renewable Energy): EV100 (Electric Vehicles): Double energy productivity Move to 100% renewable Move entire fleet to EVs for (revenue per unit of electricity energy by 2030 guest transportation by 2025 consumed) by 2028 The Compan
Slide 14: Financial Performance
Financial Performance Add Background Hotel Image
Slide 15: Key Highlights: Q1 FY26
Key Highlights: Q1 FY26 Strong Revenue and Inventory Great Places to Work® Residential Revenue EBITDA Growth Additions Recognition Recognition Commences Consolidated +121 11th 95 +146% Revenue Rooms at Bengaluru Rank in Units handed over at The Vivarea, Great Place To Work® +150% EBITDA Marriott Hot
Slide 16: Consolidated Performance: Q1 FY26
Consolidated Performance: Q1 FY26 Particulars Revenue (₹ mn) EBITDA (₹ mn) EBITDA Margin (%) A. Hospitality Business 3,856 1,608 41.7% Change (%) 18% 20% 50 bps B. Annuity Business 732 608 83.1% Change (%) 106% 130% 870 bps C. Residential Project 4,391 1,628 37.1% Change (%) N/A N/A N/A D. Other Inc
Slide 17: Consolidated Performance: FY25
Consolidated Performance: FY25 Revenue (₹ million) EBITDA (₹ million) EBITDA Margin (%) 7,722 17,541 44.0% 6,044 43.0% 14,370 5,023 42.1% 11,780 FY23 FY24 FY25 FY23 FY24 FY25 FY23 FY24 FY25 22% 24% +100 bps CAGR CAGR FY23 vs FY25 16
Slide 18: Hospitality: Geography wise performance
Hospitality: Geography wise performance Same Store* Portfolio level Q1FY26 Q1FY25 YoY% FY25 FY24 YoY% YoY% 1. Average Daily Rate (₹) a. MMR 11,588 10,522 10.1% 10.1% 12,032 11,121 8% b. Others 12,818 10,319 24.2% 16.4% 12,163 10,188 19% Combined Portfolio 12,207 10,433 17.0% 13.0% 12,094 10,718 13%
Slide 19: Hospitality: Geography wise performance
Hospitality: Geography wise performance Revenue Mix: Q1 FY26 (%) Revenue Mix: Q1 FY25 (%) 6%4% MMR 5% 4% 6% Hyderabad 13% 11% Bengaluru 52% Pune/Khandala 59% 19% Uttarakhand 21% NCR Revenue Mix: FY25 (%) 1% 5% 5% 6% 1% 12% 5% 12% 13% 18% 20% 21% Trend of geographic diversification of the portfolio c
Slide 20: Hospitality: Business segment wise performance
Hospitality: Business segment wise performance Same Store* Portfolio level Q1FY26 Q1FY25 YoY% FY25 FY24 YoY% YoY% 1. Average Daily Rate (₹) a. Business Hotels 11,778 10,402 13.2% 13.2% 11,972 10,751 11% b. Resorts 17,134 11,372 50.7% 6.6% 14,756 9,342 58% Combined Portfolio 12,207 10,433 17.0% 13.0%
Slide 21: Hospitality: Fiscal Year 2025 – Operating Metrics
Hospitality: Fiscal Year 2025 – Operating Metrics Segmentation (%) – FY25 Channel Mix (%) – FY25 Nationality Mix (%) – FY25 3% 8% 0% 14% 19% 19% 0% 39% 52% 25% 10% 10% 97% 73% 70% 61% 48% 51% Business Hotels Resorts Business Hotels Resorts Business Hotels Resorts Transient Groups Contract Direct (Pr
Slide 22: Hospitality: Operating Performance
Hospitality: Operating Performance Asset ramp-ups to continue driving efficiencies Total Expenses % of Revenue Utilities % of Revenue 6.5% 58.8% 58.3% 55.6% 55.3% 5.5% 5.2% 5.1% Q1 FY25 Q1 FY26 FY24 FY25 Q1 FY25 Q1 FY26 FY24 FY25 Staff to Room Ratio (x) Payroll % of Revenue 0.93 0.97 14.8% 14.9% 13.
Slide 23: Rental & Annuity: Performance Highlights
Rental & Annuity: Performance Highlights Particulars Q1FY26 Q1FY25 YoY FY25 FY24 YoY Leasing Status: Q1 FY26 vs Q1 FY25 Total Revenue 732 355 106% 1,970 1,241 59% EBITDA 608 264 130% 1,540 988 56% EBITDA% 83% 74% 8.7 pp 78% 80% -1.4 pp 2.4 Q1 FY26 1.9 2.4 Q1 FY25 CIGNUS Powai® Tower I CIGNUS Whitefi
Slide 24: Residential Project: Performance Highlights
Residential Project: Performance Highlights Particulars (msf.) No. of Avg Sale Price Units (₹ psf) Residential (1+2+3) 0.86 321 1 Historical sales 0.29 83 ~7,700 *Insert Actual 2 New Sales (A+B+C) 0.54 224 ~19,900 A FY24 0.29 121 ~18,800 Image B FY25 0.22 90 ~21,200 C Q1FY26 0.03 13 ~21,100 3 Unsold
Slide 25: Healthy Growth Pipeline
Healthy Growth Pipeline Under construction New Rooms/ Leasable area Location Progress update The Dukes Retreat Phase 1: August ’24 Renovation & Expansion 30 Phase 2: July ’25 Khandala (117 keys currently operational) Phase 3: Q2 FY26 Taj at Delhi International Airport 385-390 rooms New Delhi H1 FY27
Slide 26: Consolidated Statement of Profit & Loss
Consolidated Statement of Profit & Loss Q1FY26 YoY Particulars Q1 FY26 Q1 FY25 YoY FY25 FY24 YoY Ex-Resi Ex-Resi Total Income 9,083 3,691 146% 4,692 27% 17,541 14,370 22% Total Expenditure 5,373 2,208 143% 2,610 20% 9,819 8,327 18% EBITDA 3,711 1,483 150% 2,082 37% 7,722 6,044 28% Margin % 40.9% 40.
Slide 27: Balance Sheet
Balance Sheet Particulars (₹ million) FY25 FY24 Fixed Assets 30,908 24,464 Investment Properties 19,984 18,447 Capital Work in Progress 1,832 369 (Inc Investment Property under construction) Right of use asset 395 460 Goodwill 817 686 Other Non-Current assets 5048 4,248 Cash and Cash Equivalents 1,8
Slide 28: Leverage Position
Leverage Position Particulars (₹ million) Q1 FY26 FY25 FY24 FY23 Allocable to operating assets 12,781 13,109 11,486 11,768 Allocable to under-construction/to be ~7,400 ~6,800 ~13,600 ~12,600 operationalized assets Net Debt 20,181 19,909 25,086 24,368 Net Worth 32,519 30,457 18,509 15,415 Strategic I
Slide 29: Consolidated Profit & Loss Statement – 5 Year Trend
Consolidated Profit & Loss Statement – 5 Year Trend Particulars (₹ million) FY25 FY24 FY23 FY22 FY21 ADR 12,094 10,718 9,169 4,576 4,040 Occupancy 73% 73% 72% 51% 30% RevPAR 8,781 7,776 6,605 2,355 1,214 Total Income 17,541 14,370 11,780 5,297 3,075 Total Expenditure 9,818 8,327 6,757 4,093 2,785 EB
Slide 30: Consolidated Balance Sheet – 5 Year Trend
Consolidated Balance Sheet – 5 Year Trend Particulars (₹ million) FY25 FY24 FY23 FY22 FY21 Inventory: Hotels 11 10 8 7 7 Rooms 3,193 3,052 2,634 2,554 2,554 Capital Employed 48,596 38,368 38,531 35,821 32,276 Investments# 11,409 6,596 5,985 3,489 1,433 Net Worth 30,457 18,509 15,415 13,410 14,329 Ne
Slide 31: Annexures
Annexures
Slide 32: Glossary of Assets
Glossary of Assets A. Hotels Location Keys Keys 1. JW Marriott Mumbai Sahar MMR 588 2. The Westin Mumbai Powai Lake MMR 604 1,517 3. Lakeside Chalet, Mumbai - Marriott Executive Apartments MMR 173 4. Four Points By Sheraton Navi Mumbai, Vashi MMR 152 5. Novotel Pune Nagar Road Pune 311 6. The Dukes
Slide 33: Key Projects Under Development
Key Projects Under Development Taj at Delhi International Airport, NCR CIGNUS Powai® Tower II, MMR Actual Site Image Actual Site Image Artist Render Image Artist Render Image Artist Render Image 32
Slide 34: Chalet Hotels Limited – Investor Relations Contact
Chalet Hotels Limited Raheja Towers, 4th Floor, Block G, BKC, Mumbai 400 051 Investor Relations Contact: Ruchi Rudra ruchi.rudra@chalethotels.com Abhyjeet Bhansali abhyjeet.Bhansali@chalethotels.com investorrelations@chalethotels.com