Indian Hotels Co. Ltd. · NSE:INDHOTEL
Indian Hotels — The Indian Hotels Company — Q1 FY2018-19 Earnings Presentation
25 slides from Indian Hotels's earnings presentation, August 2018
Slide 1: Analyst Meet: Results for the Quarter Ended June 30, 2018
Analyst Meet Results for the Quarter Ended June 30, 2018
Slide 2: Disclaimer
Disclaimer These presentations may contain forward-looking statements within the meaning of applicable securities laws. Similarly, statements that describe our business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. Forward-looking statements are not g
Slide 3: Agenda
Agenda • Key Highlights • Industry Trends • Summary Financials & Treasury Update • Q&A 3
Slide 4: Highlights Q1 2018/19 Consolidated Results
Highlights Q 1 - 2018/19 Consolidated Results Revenue EBITDA PAT ₹ 15 Crores Vs 8% 26 % ₹ (25) Crores 4
Slide 5: YTD 2018/19 - 10 New Signings (1284 rooms)
YTD 2018/ 19 - 10 New Signings (1284 rooms) Pawna Dam, Lonavla (145) Connaught Hotel, New Delhi Katra (80) Vizag (56) (85) Makkah (340) Vadodara Expansion (60) Jhansi, (76) Taj Bangalore Expansion (220) London Heathrow Airport (108) Noida (119) Bharuch (55) *Vadodara expansion is not included in tot
Slide 6: Our Portfolio
Our Portfolio Inventory by Geography Inventory by Contract Type International, 2625 Management Holding Contracts, Company, 4357 1518 Domestic, 14520 Group Companies, 8440 Domestic International Holding Company Group Companies Management Contract As at July 31, 2018, IHCL has 145 hotels with 17,145 R
Slide 7: Our New Brand Architecture
Our New Brand Architecture IHCL | | ] LUXURY SELECT HOTELS UPSCALE ECONOMY e TAJ SELEQTIONS VIVANTA GINGER F&B JIVA GOLDEN DRAGON I SERVICE RETAIL EXPRESSIONS (as\ KHAZANA | VOLUME CATERING o TAJSATS SALON SELEQTIONS VIVANTA GINGER _ EXPRESSI TAJSATS
Slide 8: Industry Trends
Industry Trends SELEQTIONS VIVANTA GINGER EXPRESS! TAJSATS
Slide 9: YTD India Hospitality Overview
YTD India Hospitality Overview Market Dynamics All India Hotels’ Performance •Supply Growth •Occupancy +3.0% 64% (+1.7%) •Demand Growth •Avg. Room Rate +4.8% ₹5,425 (+2.6%) •RevPAR ₹3,454 (+4.3%) Source : STR Global (YTD June 2018) 9
Slide 10: India Hotel Performance – Key cities – (Apr to Jun) 2017-18 v/s 2018-19
India Hotel Performance – Key cities – (Apr to Jun) 2017-18 v/s 2018-19 Supply % Change Demand % Change 15.0% 10.9% 10.0% 9.3% 8.9% 8.5% 6.0% 4.8% 4.8% 5.2% 5.2% 4.3% 5.2% 5.0% 4.1% 3.6% 3.8% 3.0% 3.0% 2.1% 3.2% 2.8% 2.2% 2.1% 1.6% 0.7% 0.6% 1.1% 0.6% 0.0% India Chennai Hyderabad New Delhi Kolkata -
Slide 11: Foreign Tourist Arrivals in India
Foreign Tourist Arrivals in India In Lakhs 31.5 30.6 28.4 26.8 25.1 24.1 23.2 22.4 21.5 22.0 22.8 20.5 20.1 20.4 20.2 20.1 17.6 16.8 16.5 15.0 15.6 14.5 13.4 12.6 13.2 Apr- Jun Jul- Sep Oct- Dec Jan-Mar 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 Foreign tourist arrivals in India have
Slide 12: Key Operating Indices
Key Operating Indices IHCL Network Revenue April to June 2018 ₹ /crores Domestic International Particulars Growth over PY CY PY Growth over PY % CY PY % Room Revenue 464 426 8.9% 288 291 -1.2% RevPAR 4,848 4,421 9.7% 12,091 12,183 -0.8% F & B Revenue 456 405 12.6% 203 192 5.6% 12
Slide 13: Awards and Accolades – YTD FY 2018/19
Awards and Accolades – YTD FY 2018 / 19 Taj Inner Circle bestowed with Only Hospitality company in the Best Hospitality Corporate 67 IHCL hotels among list, 7th time winner Governance in India special 210 Award the 79 certified hotels - May 2018 - May 2018 - May 2018 - April 2018 Taj Exotica Resort
Slide 14: Financial Performance for the Quarter Ended June 30, 2018
Financial Performance for the Quarter Ended June 30, 2018 14
Slide 15: Consolidated Key Indicators – Q1 2018/19
Consolidated Key Indicators – Q1 2018/19 ₹ /crores Total Revenue EBITDA 995 8% 126 26% 99 920 Q1 2017/18 Q1 2018/19 Q1 2017/18 Q1 2018/19 15
Slide 16: Consolidated Key Indicators – Q1 2018/19
Consolidated Key Indicators – Q1 2018/19 ₹ /crores Profit before Exceptional Items & Tax Profit After Tax 15 0 (42) (25) Q1 2017/18 Q1 2018/19 Q1 2017/18 Q1 2018/19 16
Slide 17: Debt Position
Debt Position ₹ /crores Particulars Standalone Consolidated June 30, 2018 March 31, 2018 June 30, 2018 March 31, 2018 Gross Debt 1,752 1,784 2,394 2,427 Liquidity (344) (423) (487) (538) Net Debt 1,408 1,361 1,907 1,889 Net Debt/ Equity # 0.33 0.31 0.46 0.45 Weighted cost of Debt 8.0 7.9 7.1 7.0 Net
Slide 18: Q&A
Q&A SELEQTIONS VIVANTA GINGER _ EXPRESS! TAJSATS
Slide 19: Annexure
Annexure 19 TAJ SELEQTIONS VIVANTA GINGER _ EXPRESS TAJSATS
Slide 20: Group Major Companies
Group Major Companies Effective Effective Company Name Company Name Holding % Holding % Subsidiaries Joint Ventures Piem Hotels Ltd 51.57 Taj SATS Air Catering Ltd 51.00 Benares Hotels Ltd 51.68 Taj GVK Hotels & Resorts Ltd 25.52 United Hotels Ltd 55.00 Taj Madras Flight Kitchen Pvt Ltd 50.00 Roots
Slide 21: Consolidated – Reported Profit & Loss Statement
Consolidated – Reported Profit & Loss Statement ₹ /crores Q1 2018/19 Particulars Growth vs Actual PY PY Revenue from Operations 980 911 8% Non Operating Revenue 15 9 71% Total Revenue 995 920 8% Total Expenditure 869 821 6% EBITDA 126 99 26% Operating EBITDA 111 91 22% EBITDA Margin 12.63% 10.80% +
Slide 22: IHCL- Consolidated Exceptional Items For Quarter Ended June 30, 2018
IHCL- Consolidated Exceptional Items For Quarter Ended June 30, 2018 ₹ /crores Particulars Q1 Q1 Variance 2018/19 2017/18 Exchange Gain/ (Loss) on Long-term Borrowings/Assets (Net) - 1 (1) Change in fair value of derivative contracts (50) 16 (66) TIHK - Bjets advances w/off - (1) 1 Boston lease modi
Slide 23: Standalone - Profit & Loss Statement
Standalone - Profit & Loss Statement ₹/ crores Q1 2018/19 Particulars Actual PY Growth vs PY Revenue from Operations 565 528 7% Non Operating Revenue 15 8 91% Total Revenue 580 536 8% Total Operating Expenditure 480 452 6% EBITDA 100 84 20% Operating EBITDA 85 76 12% EBITDA Margin 17.28% 15.61% +1.6
Slide 24: IHCL- Standalone Exceptional Items For Quarter Ended June 30, 2018
IHCL- Standalone Exceptional Items For Quarter Ended June 30, 2018 ₹ /crores Q1 Q1 Particulars Variance 2018/19 2017/18 Exchange Gain/ (Loss) on ECB - 1 (1) Exchange Gain/ (Loss) on Shareholders Deposit Revaluation - (1) 1 Change in fair value of derivative contracts (50) 16 (66) Provision for impai
Slide 25: Thank You
Thank You ° » 25 TAJ SELEQTIONS VIVANTA GINGER EXPRESSIJ TAJSATS IWCL
The Indian Hotels Company — Q1 FY2018-19 Earnings Presentation on 6ix