Royal Orchid Hotels Limited · NSE:ROHLTD
Royal Orchid Hotels — Q4 FY2021-22 Earnings Presentation
47 slides from Royal Orchid Hotels's earnings presentation, May 30, 2022
Slide 1: Intimation of analyst meeting cover letter
Date: May 30, 2022 To, To, The Manager, The Manager, Department of Corporate Services, Department of Corporate Services, Bombay Stock Exchange Limited National Stock Exchange of India Limited, Floor 25, P. J. Towers, Exchange Plaza, Plot no. C/1, G Block Dalal Street, Bandra Kurla Complex, Bandra (E
Slide 2: Royal Orchid Hotels Ltd. Q4 FY 2021-22
Royal Orchid Hotels Ltd. Q4 FY 2021-22
Slide 3: Disclaimer
Disclaimer Statements made in this Presentation describing the Company’s objectives, projections, estimates, predictions and expectations may be ‘forward-looking statements’, within the meaning of applicable securities laws and regulations. As ‘forward-looking statements’ are based on certain assump
Slide 4: Table of Contents
Table of Contents Industry Overview Company Overview Business Overview Financial Overview
Slide 5: Industry Overview
Industry Overview Industry Outlook Growth Drivers Key Challenges
Slide 6: Industry Outlook
Industry Outlook PROPOSED BRANDED HOTEL ROOMS ACROSS MAJOR CITIES 20000 17931 18000 17435 15892 16000 15181 14330 14000 13901 12000 9969 10000 9655 9061 7626 7827 7718 8000 7420 7299 7039 6915 5643 5714 5442 6000 4933 4817 3878 3878 4000 2562 2000 2045 1423 0 Agra Ahmedabad Bengaluru Chennai New Del
Slide 7: Key Growth Drivers
Key Growth Divers • International tourist arrivals in India •Diverse portfolio of with focus on niche expected to reach 30.5 million by 2028. tourism products – cruises, adventure medical, wellness, sports, MICE, eco- tourism, films, rural & religious tourism Robust Attractive Demand Opportunity Boo
Slide 8: Key Industry Challenges
Key Industry Challenges INFRASTRUCTURE FUNDING REGULATORY COMPETITION • Limited land • Increasing cost of debt • Delays in getting • Entry of Travel availability at the approvals and licenses aggregators intensifies desired location • Medium to small size leading to increasing competitive landscape
Slide 9: Company Overview
Company Overview Who we are? Our Journey Management Our Presence Team
Slide 10: Who we are?
Who we are? • Royal Orchid Hotel Ltd (ROHL) was incorporated in 1986 under the name of Universal Resorts Ltd. • Promoted by Mr. Chander K Baljee • ROHL is engaged in business of managing hotels under flagship brands – Royal Orchid, Royal Orchid Central, Royal Orchid Suites, Present in 47 locations R
Slide 11: Our Journey
Our Journey 2007 2004 2006 2001 RO Golden Suites, Pune 2003 Listed on 6th February Hotel Royal Royal Orchid RO Central, Jaipur Royal Orchid Central Bangalore Royal Orchid Resort & Convention Orchid Bangalore Metropole, Mysore RO Brindavan, Mysore Centre, Bangalore Nationwide Sales Offices 2008 2008
Slide 12: Key Management
Key Management Mr. Chander Baljee, Managing Director Royal Orchid Hotels is promoted by Mr. Chander K Baljee, a P.G Graduate from Indian Institute of Management (Ahmedabad) with over 4 decades of experience in the hospitality industry Mr. Amit Jaiswal, Chief Financial Officer Mr. Amit Jaiswal has ov
Slide 13: Our Presence
Our Presence 72+ Hotels & Resorts 4523+ 47 Luxury Rooms Locations Across India
Slide 14: Awards and recognition
hotelier > HALL OF >) FAME 2021 Mr. Chander Baljee, was inducted into HOTELIER INDIA’S CEO POWERLIST, 2021 “LIFETIME ACHIEVEMENT AWARD’ conferred by International Hospitality Council in Association with IIHM Bangalore, 2019
Slide 15: Business Overview
Business Overview Our Business Our Business Structure Model Competitive Our Offerings Advantage
Slide 16: Our Business Structure
Our Business Structure Royal Orchid Hotels Limited (ROHL) By Business Portfolio By Legal Entity Managed & Owned Leased Subsidiaries Franchised hotels Hotels Companies Hotels
Slide 17: Our Business Model - Asset Light Model
Our Business Model -Asset Light Model Steadily gaining strong foothold through focus on Management contracts which will lead to high growth Key factors Break even of No upfront Maintenance Capex Operating profit in requirement of capex required - Minimal just 1 year Facilitates expansion Creates bra
Slide 18: Portfolio
Revenue Model Category FY 2019 FY2020 FY2021 (%) Owned 591 591 591 0% Leased 433 433 501 14% Managed / Franchise 2,361 2758 3431 24% Total Keys 3,385 3783 4523 19% Category Owned Leased JV Managed / Franchise Total Portfolio Asset 5 Star 268 - 139 - 407 4 Star - 249 130 1802 2181 Service Apartment -
Slide 19: Growth in rooms
Growth in rooms 6000 5,450 5,010 5000 4,763 4,358 3,980 3,917 3,980 4000 3,733 2,988 3000 2,882 2000 1000 591 591 591 591 591 501 387 439 439 439 0% 14% 9% 9% 0 Owned Leased Managed TOTAL 2017-18 2018-19 2019-20 2020-21 2021-22 % Growth + Signed + Signed + Signed + Signed + Signed Hotels Hotels Hote
Slide 20: Property breakup with rooms
Property breakup with rooms No of Keys FY20-21 FY20 Q4 FY21-22 FY21 Q4 Management / Franchisee Contracts 2,661 98 3431 82 JV 396 - 396 - Owned (Domestic) 195 - 195 - Owned (Overseas) - - - - Leased 433 - 501 67 Total KEYS 3,783 98 4,523 149 Average Occupancy (JLO) 46% 69% 57% 62% Average Room Rate (
Slide 21: Competitive Advantage
Competitive Advantage Balanced portfolio having presence in over 47 locations and 11 states Strong sales presence across major source markets in India Affordable luxury having plethora of options for modern travellers
Slide 22: Financial Overview
Financial Overview Quarterly & Full Year Highlights and Margins Financial results Consolidated Income Statement Shareholding & Balance Sheet snapshot
Slide 23: Consolidated Quarter and FY2021-22 highlights
Consolidated Quarter and FY2021 -22 highlights Total revenues EBITDA PAT 60 55.2 50 46.95 40 35.41 31.66 Quarterly 30 19.08 20 14.23 10 5.74 5.3 0 -10 Q4FY21-22 Q4FY20-21 Q3FY21-22 -10.05 -20 Revenue from operations EBITDA PAT 200 155.93 150 FY 2021-22 100 88.84 50 40.36 26.78 0 -3.11 -50 YE 21-22 -
Slide 24: Margins
Margins Quarterly Margins FY 2021-22 Margins EBITDA PBT PAT 35.00 31.66 EBITDA PBT PAT 30.00 50.00 40.36 25.00 40.00 19.08 30.00 26.78 20.00 20.00 15.00 14.23 10.44 10.00 4.82 10.00 5.78 5.74 - 5.30 5.00 (3.11) (10.00) - (20.00) (5.00) (3.39) (30.00) (10.00) (40.00) (10.05) (38.74) (40.02) (15.00) (
Slide 25: Standalone FY21-22 Financial Results
STANDALONE FY21-22 FINANCIAL RESULTS Particulars (Rs in Crs) Q4FY21-22 Q3FY21-22 Q4 20-21 YE 21-22 YE 20-21 Q-o-Q Y-o-Y Income from Operations 23.17 28.57 17.91 79.74 47.82 -19% 29% Other Income 3.42 0.72 0.52 8.53 5.57 375% 558% Total Income 26.59 29.29 18.43 88.27 53.39 -9% 44% Cost of Material Co
Slide 26: Sustainable Growth – Consolidated Numbers FY 2021-22
SUSTAINABLE GROWTH – CONSOLIDATED NUMBERS FY 2021-22 E B I T D A AN D E B I T D A M AR G I N S T O TAL R E V E N U E S 60.00 30% 250.00 26% 219.04 219.74 50.00 22% 25% 199.83 20% 21% 48.81 200.00 40.00 45.32 20% 155.93 39.73 40.36 150.00 30.00 15% 20.00 10% 100.00 88.84 -4% 10.00 (3.11) 5% 50.00 - 0
Slide 27: Consolidated FY21-22 Statement - Snapshot
CONSOLIDATED FY21-22 STATEMENT - SNAPSHOT Particulars (Rs in Crs) Q4FY21-22 Q3FY21-22 Q4FY20-21 YE 21-22 YE 20-21 Q-o-Q Y-o-Y Income from Operations 39.53 52.78 33.01 138.52 80.85 -25% 20% Other Income 7.42 2.42 2.40 17.41 7.99 207% 209% Total Income 46.95 55.20 35.41 155.93 88.84 -15% 33% Cost of M
Slide 28: Consolidated Assets & Liabilities - Snapshot
CONSOLIDATED FY21-22 Q3 ASSETS & LIABILITIES - SNAPSHOT Particulars (Rs in Crs) As Mar 2022 FY 2021 FY 2020 Assets Property, plant and equipment 114.48 177.47 236.17 Capital work-in-progress 0.39 0.94 21.47 Goodwill 17.64 17.75 17.75 Right-of-use assets 60.49 47.13 52.92 Other intangible assets 0.12
Slide 29: Shareholding
Shareholding 26% Promoter 67.68 Foreign Portfolio Investors 4.87 1% Bodies Corporate 1.22 Others 26.23 Total 100 5% 68%
Slide 30: ROHL Vision
ROHL Vision Our Vision is to operate 100+ profitable and responsible hotels where guests love to stay, dine and celebrate. We wish to create hotels which have a soul, a reflection of our distinctly warm Indian Hospitality. In this journey towards 100 hotels, we will also empower the youth of our cou
Slide 31: Our Holiday Destinations
Our Holiday Destinations Goa « Bangalore * Mysore Hampi « Belagavi « Nashik Bharatpur * Bhuj Jaipur Lonavala * Mahabaleshwar Mussoorie * Manali » Pushkar Ranthambore « Srinagar Rishikesh * Shimla » Haridwar Udaipur
Slide 32: Our Wedding Destinations
Complimentary Honeymoon Package & Bridal Suite Our Wedding Destinations Goa « Bangalore Ranthambore « Jaipur Mussoorie » Mahabaleshwar Nagpur - Pushkar Bharatpur + Bhuj
Slide 33: Our Business Destinations
Our Business Destinations Ahmedabad * Bangalore Bharuch * Chandigarh * Chennai Dahej + Indore + Jaipur + Kolkata Kanpur « Ludhiana * Mysore Noida * Navi Mumbai « Nashik Nagpur + Pune « Rajkot - Shimoga * Vadodara * Vapi
Slide 34: Our Wildlife Destinations
Our Wildlife Destinations Ranthambore Pench National Park Kabini
Slide 35: Hotel Royal Orchid, Bangalore
Hotel Royal Orchid, Bangalore
Slide 36: Royal Orchid Brindavan Garden Palace & Spa, Mysore
Royal Orchid Brindavan Garden Palace & Spa, Mysore
Slide 37: Royal Orchid Resort & Convention Centre, Bangalore
Royal Orchid Resort & Convention Centre, Bangalore
Slide 38: Hotel Royal Orchid, Jaipur
Hotel Royal Orchid, Jaipur ~ =
Slide 39: Royal Orchid Central, Hampi, Hospet
Royal Orchid Central, Hampi, Hospet
Slide 40: Regenta Resort, Belagavi
Regenta Resort, Belagavi
Slide 41: Regenta Kabini Springs Resort, Kabini
Regenta Kabini Springs Resort, Kabini
Slide 42: Regenta Resort & Spa Mashobra, Shimla
Regenta Resort & Spa Mashobra, Shimla
Slide 43: Regenta Resort, Vanya Mahal, Ranthambore
Regenta Resort, Vanya Mahal, Ranthambore
Slide 44: Royal Orchid Fort Resort, Mussoorie
Royal Orchid Fort Resort, Mussoorie
Slide 45: Royal Orchid Beach Resort & Spa, Goa
Royal Orchid Beach Resort & Spa, Goa
Slide 46: Regenta Inn, Manali
Manali Regenta Inn, Manali
Slide 47: Thank You
Thank You
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