Indian Hotels Co. Ltd. · NSE:INDHOTEL
Indian Hotels — The Indian Hotels Company — Kotak Chasing Growth 2023 Conference
26 slides from Indian Hotels's conference presentation, Feb 20, 2023
Slide 1: Intimation of Schedule of Analysts / Institutional Investors Meetings
February 20, 2023 BSE Limited National Stock Exchange of India Limited Corporate Relationship Department Exchange Plaza 1st Floor, New Trading Ring, Bandra Kurla Complex Rotunda Building, P. J. Towers, Bandra (E) Dalal Street, Fort, Mumbai 400 051 Mumbai – 400 001. Scrip Code: INDHOTEL Scrip Code: 5
Slide 2: Kotak Chasing Growth 2023 Conference
KOTAK CHASING GROWTH 2023 CONFERENCE 20th February, 2023
Slide 3: Macro Tailwinds: The India Growth Story
MACRO TAILWINDS : THE INDIA GROWTH STORY INDIA POISED TO BECOME CONSUMER DISCRETIONARY 3rd LARGEST ECONOMY SPENDING RISING 5X INCREASE IN HIGH- zzzzzzzzzzzzzzzzz DEMOGRAPHIC INCOME HOUSEHOLDS DIVIDEND 2
Slide 4: Hospitality Industry Trends
HOSPITALITY INDUSTRY TRENDS ROBUST DEMAND LIMITED SUPPLY GROWTH GROWTH Air Passenger Traffic surpassed Hotel Demand Grew by 5.4% vs. Pre-Covid levels Supply Growth of 3.5% in 9MFY23 INCREASED DEMAND FOR DOMESTIC GOING IMMERSIVE EXPERIENCES STRONG Nature and Culture to attract Hotel Demand Growth acr
Slide 5: Demand: Strong Recovery in Travel
GROWTH IN DEMAND STRONG RECOVERY IN TRAVEL 14 12 10.6 10.9 13 10 10 Pax Carried (Millions) FTA Arrivals (Millions) 12 8.8 11 7.7 8 10 8 7 6.3 6.6 6.2 9 8 6 7 6 4 2.5 2.7 5 1.7 2 1.3 1.5 4 Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec 0 1981 1991 2001 2011 2012 2013 2014 2015 2016 2017 2018 2019
Slide 6: Demand Growth Outpaces Supply
GROWTH IN DEMAND DEMAND GROWTH OUTPACES SUPPLY ROOM SUPPLY AND DEMAND GROWTH 9% 8% 8% 7% 6% 6% 5.4% 5% 4% 4% 4% 3% 3.5% 3% 2% 2% 1% 0% Q1 FY23 Q2 FY23 Q3 FY23 9M FY23 Demand Growth (%) Supply Growth (%) HOTEL DEMAND GREW BY ROOMS SUPPLY GREW BY 5.4% 3.5% (vs. FY20) IN 9M-FY23, (vs. FY20) IN 9M-FY23,
Slide 7: IHCL Very Well Placed to Capture This Potential Proactively
IHCL VERY WELL PLACED TO CAPTURE THIS POTENTIAL PROACTIVELY 250+ Hotel Portfolio 100+ PORTFOLIO 95 72 85 125 LOCATIONS 30+ STATES & UTs 11 COUNTRIES 6
Slide 8: Growth in Portfolio: Robust Pipeline
GROWTH IN PORTFOLIO ROBUST PIPELINE 70 9,000+ 40+ 70% Total no. of Hotels in Total no. of Rooms Hotels expected of Pipeline* via Pipeline in Pipeline to open in 2 years Management Contracts *Rooms Inventory in Pipeline 7
Slide 9: Highest Ever Signings and Openings
GROWTH IN PORTFOLIO HIGHEST EVER SIGNINGS AND OPENINGS JAN - MAR APR - JUN JUL - SEP OCT - DEC 5 8 7 11 31 5 3 3 6 17 SIGNINGS & OPENINGS IN 2022 8
Slide 10: Portfolio Journey
GROWTH IN PORTFOLIO JOURNEY IHCL Portfolio 257 235 221 200 70 179 60 160 56 155 42 30 13 15 175 187 158 165 142 145 149 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Jan 2023 Operational Pipeline 9
Slide 11: Enveloping India & Beyond
GROWTH IN PORTFOLIO ENVELOPING INDIA & BEYOND 5 hotels 238 Hotels, 109 amã in India 4 hotels 1 hotel 3 hotels 1 hotel 8 hotels 2 hotels 6 hotels 17 hotels 2 hotels 6 hotels 3 hotels 3 hotels Present Across 125+ Locations in India 20 hotels 20 hotels 1 hotel 7 hotels 15+ New Destinations Added in 202
Slide 12: Our Flagship Brand
GROWTH IN OUR FLAGSHIP BRAND IHCL OPERATIONAL PORTFOLIO REVENUE SPLIT BY BRANDS EBITDA SPLIT BY BRANDS (Operational Rooms - 31st Jan. 23) (% to 9MFY23 Enterprise Rev.*) (% to 9MFY23 Enterprise EBITDA*) 31% 23% 48% 52% 69% 77% Taj Non-Taj Portfolio Taj Non-Taj Portfolio Taj Non-Taj Portfolio *Enterpr
Slide 13: Our Flagship Brand
GROWTH IN OUR FLAGSHIP BRAND Approx. figures in ₹ Crore HOTELS 31 24 20 75 Rooms 5,500 2x 11,000 % To Enterprise Revenue* 52% +17 pp 69% *Enterprise Revenue is the summation of all Hotels including Ginger, all Corporates & Taj SATS Air Catering, agnostic of ownership 12
Slide 14: Marquee Brands
GROWTH IN MARQUEE BRANDS 30 2,400+ 10+ 25+ Keys Hotels in Pipeline Locations Hotels* * Including Hotels in Pipeline 13
Slide 15: Marquee Brands
GROWTH IN MARQUEE BRANDS 40+ 6,000+ 18 40+ Keys Hotels in Pipeline Locations Hotels* * Including Hotels in Pipeline 14
Slide 16: New Businesses
GROWTH IN NEW BUSINESSES ₹ 225 Cr 40% 50% LOYALTY Revenues 9M Revenues & EBITDA > 9M EBITDA margin > Lean Luxe Portfolio by Ginger Live on Tata Neu in Highest Ever in any Full FY Highest Ever profitability March 2023 January 2023 15
Slide 17: New Businesses
GROWTH IN NEW BUSINESSES ₹ 150 Cr GMV Since Inception 108 Properties Present Across 20+ Cities Present Across 50+ Locations Scaled to 25+ Cafes & Outlets 50% Portfolio Growth in 2022 18 Qmins in Ginger by March 2023 High Customer Satisfaction (NPS: 84) 16
Slide 18: New Businesses
GROWTH IN NEW BUSINESSES 2,500+ 150+ ₹70+ crs > 80% Total Chambers New Members 49% Revenue Growth Flow through Members Added in 2022/23 v/s 9M 19/20 17
Slide 19: The Re-imagined Taj SATS Yielding Results
THE RE-IMAGINED TAJ SATS YIELDING RESULTS 44% 2x 58% 1,00,000+ Increase in Revenue Increase in EBITDA Market Share Avg. Meals / Day (9M 22/23 vs. 9M 19/20) (9M 22/23 vs. 9M 19/20) (9M 22/23) 18
Slide 20: Doing Business the Responsible Way - 2030 Goals
DOING BUSINESS THE RESPONSIBLE WAY - 2030 GOALS 100% 100,000 50% 100% Waste Water Youth Energy from Hotels Recycled / Reused Skilled for Livelihood Renewable Sources EarthCheck Certified 100% 100% 100% Hotels go Beyond Adoption of UNESCO’s Intangible Business Meetings & Single-Use Plastic Free Cultu
Slide 21: Resulting in Best Ever Financial Performance
RESULTING IN BEST EVER FINANCIAL PERFORMANCE Key Financial Highlights (9M 2022-23 ) Revenue ↑ 23% EBITDA ↑ 61% EBITDA % ↑ 7.7 pp ₹ 4,294 Cr ₹ 1,379 Cr 32.1 % PBT ↑ 200% PAT ↑ 131% Net Cash Positive Q3 22/23 PAT at ₹383 Cr exceeds highest ever full ₹ 895 Cr ₹ 674 Cr ₹ 738 Cr# year PAT # As on 31st De
Slide 22: Strong Performance: Margin Expansion (9M)
STRONG PERFORMANCE: MARGIN EXPANSION (9M) PARTICULARS 9M 9M 9M 9M 9M 9M 9M 9M 9M 9M 9M 9M 9M (₹ CR) 22/23 21/22 20/21 19/20 18/19 17/18 16/17 15/16 14/15 13/14 12/13 11/12 10/11 REVENUE 4,294 2,257 1,113 3,495 3,314 3,001 3,006 3,035 3,148 3,021 2,775 2,522 2,088 9M EBITDA Exceeds Highest Ever Full
Slide 23: Record Performance in FY 2022-23
RECORD PERFORMANCE IN FY 2022-23 (₹ Crore) Q1 (Apr.-Jun.) Q2 (Jul.-Sept.) Q3 (Oct.-Dec.) 2019-20 2022-23 2019-20 2022-23 2019-20 2022-23 Revenue 1,057 1,293 1,029 1,258 1,409 1,744 EBITDA 210 405 182 319 462 655 EBITDA % 19.9% 31.3% 17.7% 25.4% 24.4% 32.1% Best-Ever performance across all the quarte
Slide 24: Delivering Responsible Profitable Growth
DELIVERING RESPONSIBLE PROFITABLE GROWTH 23
Slide 25: Kotak Chasing Growth 2023 Conference
KOTAK CHASING GROWTH 2023 CONFERENCE 20th February, 2023
Slide 26: Disclaimer
Disclaimer This presentation contains selected information about the activities of the Company and the Group as at the date of this presentation. The information in this document have been collected with the purpose to provide interested parties with information about the Group including but not lim
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