Slide 1: Q4 & FY26 Results
50 Celebrating YEARS 50 Glorious Years Q4 & FY26 Results 15th May 2026 Plan : 2023 - 2024
Slide 2: Disclaimer
Disclaimer This presentation contains certain forward-looking statements including those describing the Company’s strategies, strategic direction, objectives, future prospects, estimates etc. Investors are cautioned that “forward looking statements” are based on certain assumptions of future events
Slide 3: Macro-Economic Environment
Macro-Economic Environment ITC Grand Goa 3
Slide 4: Macro-Economic Environment
Macro-Economic Environment Short term headwinds: Long term Positive West Asia Conflict beginning to impact India Rising Incomes → Rising Discretionary Spending Growth Rates YoY% Real GDP India Necessary Discretionary 8.0 Headline Inflation (Consumption as a % of PFCE) Consumption Consumption 5.8 5.5
Slide 5: FY26: Year of Disruptions & Subsequent Recovery
FY26 : Year of Disruptions & Subsequent Recovery THE DISRUPTIONS THE RECOVERY External events created headwinds for demand every quarter Yet, demand recovered — every time with steady ARR growth India – Luxury, Upper Upscale & Upscale Q1 FY26 Goly% ARR Occupancy Geo-Political Tensions (May’25) • Ope
Slide 6: Industry Outlook remains Positive
Industry Outlook remains Positive KEY POSITIVES KEY MONITORABLES Rising Income & Limited New Supply West Asia Conflict Higher Input Costs Growing Affluence in Top 10 Markets - Intensity & Duration - Energy, Food & Fuel Normalization of Robust Domestic Strong Govt. Push Depreciation of the Air Traffi
Slide 7: Key Performance Highlights
Key Performance Highlights 7 ITC Kohenur, Hyderabad 7
Slide 8: Key Performance Highlights: FY26
Key Performance Highlights : FY26 Consolidated Revenue crosses ₹ 4,000 Cr. with highest ever profits • Full Year: Revenue from Operations at ₹ 4,139 Cr. up 16% and PAT1 at ₹ 888 Cr. up 39% • Q4: Revenue from Operations at ₹ 1,254 Cr. up 18% and PAT1 at ₹ 314 Cr. up 22% Accelerating ‘Asset-Right’ Gro
Slide 9: Financial Highlights: Consolidated (Overall)
Financial Highlights : Consolidated (Overall) Q4 FY26 Particulars FY26 ₹ 1,254 Cr 18% Revenue from Operations ₹ 4,139 Cr 16% ₹ 466 Cr 13% EBITDA ₹ 1,424 Cr 18% Up 21% on Comparable basis 37% -168 bps EBITDA Margin 34% 38 bps Up 132 bps on Comparable basis ₹ 314 Cr 22% PAT (bei^) ₹ 888 Cr 39% 24% 56
Slide 10: Financial Highlights: Consolidated (Ex-Real Estate)
Financial Highlights : Consolidated (Ex-Real Estate) Q4 FY26 Particulars FY26 ₹ 1,124 Cr 6% Revenue from Operations ₹ 3,928 Cr 10% ₹ 429 Cr 3% EBITDA ₹ 1,360 Cr 12% Up 15% on Comparable basis 38% 94 bps EBITDA Margin 35% 53 bps Up 147 bps on Comparable basis ₹ 276 Cr 6% PAT (bei^) ₹ 824 Cr 28% 23% 2
Slide 11: Robust Performance across all Segments
Robust Performance across all Segments RevPAR (₹) FY25 Revenue Mix FY26 FY26 FY26 @ ₹ 9700 (+10%) Consolidated (Ex-Real Estate) 11200 11700 Rooms Revenue 11400 6.0% 7700 8000 9900 4.4% ₹1,986 Cr +10% F&B Revenue 6800 7200 ₹1,535 Cr +8% Q1 Q2 Q3 Q4 50.5% 39.1% Management Fees ARR (₹) FY25 FY26 @ ₹ 13
Slide 12: RevPAR Outperformance across Cities
RevPAR Outperformance across Cities India Portfolio at 37% RevPAR Premium over Industry* +75% +58% +37% +19% +50% +19% +22% +61% +15% +51% Data for FY26 (Domestic Owned Hotels) *Luxury, Upper Upscale & Upscale 12 Source: CoStar 12 Plan : 2023 - 2024
Slide 13: Accelerated 'Asset-Right' Growth
Accelerated ‘Asset-Right’ Growth Managed Hotels Portfolio crosses 15,000 keys MANAGED – OPERATING MANAGED - PIPELINE SIGNINGS (24 Months) OPENINGS (24 Months) 8,651 Keys ~6,700 Keys 63 Hotels 28 Hotels +12% YoY High Salience of 2nd Consecutive Year of Maintain >1 Hotel 8% CAGR FY21–26 Under Construc
Slide 14: New Openings in Q4: Welcomhotel Mohali, Chandigarh
New Openings in Q4: Welcomhotel Mohali, Chandigarh Located on the gateway to the Tricity of Mohali, Chandigarh and Panchkula 113 Rooms & Suites | 10 kms from Chandigarh Int’l Airport 14 Review : 2024-2025
Slide 15: New Openings in Q4: Welcomhotel Madhuban, Dehradun
New Openings in Q4: Welcomhotel Madhuban, Dehradun City Centre location with majestic views of Shivalik range 73 Rooms & Suites | Located on Rajpur Road Review : 2024-202515
Slide 16: New Openings in Q4: Storii Jawai
New Openings in Q4: Storii Jawai Set amid the granite landscapes of Jawai, renowned for leopard sightings 15 Cottages & Suites | 3 hrs drive from Udaipur Review : 2024-202516
Slide 17: ITC Ratnadipa: A Jewel in Colombo's Skyline
ITC Ratnadipa: A Jewel in Colombo’s Skyline Sri Lanka’s Economic Recovery ITC Ratnadipa – Robust Growth Trajectory 2nd Consecutive Year of GDP growth Strong Trends in RevPAR Real GDP Growth RevPAR (LKR) FY25 Inflation (CPI %) 45.2 FY26 17.4 5.0 5.0 4.0 5.2 4.2 4.0 1.2 x 1.5x x 1.5x -7.3 -2.3 -0.5 20
Slide 18: Sapphire Residences, Colombo
Sapphire Residences, Colombo Unique luxury apartments with interiors designed by Philippe Starck (YOO) Most Exclusive and Spacious Elevated living experience in Sri Lanka Located on the Galle Face Oceanfront FY26 Revenue ₹ 211 Cr. EBITDA ₹ 64 Cr. 18 18 18
Slide 19: Leading Sustainability Credentials: Driving Water Stewardship
Leading Sustainability Credentials: Driving Water Stewardship 12th Hotel to be recognized with LEED® Zero Water Certification 4 Hotels added to the list in FY26 ❑ ITC Gardenia, Bengaluru (Q4) ❑ ITC Narmada, Ahmedabad (Q3) ❑ Welcomhotel Bhubaneshwar (Q3) ❑ ITC Grand Bharat, Delhi NCR (Q1) ITC Gardeni
Slide 20: Operational Excellence
Operational Excellence 20 ITC Grand Bharat, Delhi NCR 20 Review : 2025-2025
Slide 21: Reinforcing Brand Recall: Multi-Channel Marketing Initiatives
Reinforcing Brand Recall: Multi-Channel Marketing Initiatives Integrated Campaigns & Collaborations Elevated Social Media Presence • 'Responsible Luxury' brand campaign • Experiential lifestyle marketing • Leveraging CRM database • Scaling social media marketing Strengthening Loyalty Platforms Scali
Slide 22: Guest Satisfaction Index
Guest Satisfaction Index Net Promoter Score Response Rate Online Rating One of the Best NPS scores Active feedback High Customer in the Industry monitoring Satisfaction Rating 83 99% 4.77 98.98% (Global Average 58) (Global Average 60%) (Global Average 4.2) Data for FY26; Global averages are for cale
Slide 23: Operational Excellence
Operational Excellence Food & Bev. Cost (% of F&B Revenue) People Cost^ (% of Revenue from Ops) 24.5% 23.6% 23.9% 22.6% 23.2% 22.3% 21.7% 21.7% 9M FY25 9M FY26 FY25 FY26 9M FY25 9M FY26 FY25 FY26 Energy Cost (% of Revenue from Ops) Other Operating Cost^ (% of Revenue from Ops) 28.4% 28.2% 28.1% 28.0
Slide 24: Active Asset Management in FY26
Active Asset Management in FY26 ~7% 7 of Owned Inventory F&B outlets refreshed upgraded Elevating guest New Offerings & experience Capacity Additions 4 8,400 Room Inventory Refreshed Premium repositioning across owned New Locations sq. ft. Banquet Spaces hotels portfolio added added across Owned and
Slide 25: Key Growth Enablers
ITC Grand Goa Key Growth Enablers 25 Review : 2024-2025
Slide 26: Strategic Pillars
Strategic Pillars CONTINUED INVESTMENT TO ENHANCE BRAND ASSET RIGHT DIGITAL FIRST SUSTAINABILITY EMPLOYER OF CHOICE EQUITY • Brands & Marketing •Asset right approach to • Best in Class Guest • Enhance Supremacy • Robust Talent Pool o Rooms accelerate growth experience across all brands • Communicati
Slide 27: Current Operating Footprint and Growing Footprint by 2031
Growing Footprint Targeting 250 hotels by 2031 Existing Hotels Current Operating Footprint 7 Hotels in pipeline 21 1 1 155 Hotels 6 1 11 8 5 14,294 Keys 18 8 5 1 1 1 1 (Owned / Managed Mix By % Keys : 39% / 61% ) 7 10 1 1 1 13 4 3 4 2 7 5 1 3 1 By 2031 6 5 2 2 7 2 250 Hotels 10 3 5 5 22,000+ Keys 1
Slide 28: Driving Capital Efficient Growth
Driving Capital Efficient Growth Owned Hotels ► Significant headroom to drive RevPar growth ► ~15% Inventory < 5 years old, with significant headroom to grow ► ITC Ratnadipa, Colombo → significant contributor to Revenue & EBITDA going forward Epiq Collection, Puri* Welcomhotel Bhubaneshwar Upcoming
Slide 29: Strong Growth Enablers in Place
Strong Growth Enablers in Place Healthy Cash Reserves & Cash Generation to accelerate growth Capital Investments → Renovations | on-going Projects | new Greenfields & others - Estimated at c.8-10% of Revenue cumulatively Add to Strategic Land Bank for future projects Well positioned to execute selec
Slide 30: Competitive Advantages: Accelerating Growth through Managed Hotels
Accelerating Growth through Managed Hotels Managed Portfolio to grow Competitive Advantages at 12% CAGR 15,000+ 5 Decades of Expertise Keys 50 years of hospitality – unmatched operational knowledge & brand trust 8,651 7 Brands Across Segments Comprehensive brand portfolio from iconic luxury to bouti
Slide 31: 2030 Sustainability Goals
2030 Sustainability Goals Renewable Electricity Share Net Zero Carbon Goal > 55% (FY26) • LEED® Zero Carbon status for all Owned Hotels • To exceed 2050 GHG sectoral emissions targets set as per COP 21 • Renewable Electricity Share > 95% Waste Reduction • Solid waste reuse / recycling > 99% Water Ef
Slide 32: ITC Hotels Poised For Next Horizon Of Growth
ITC Hotels Poised For Next Horizon Of Growth Committed to Long-term Value Creation Future Ready Climate Positive Consumer Centric Inclusive Responsible Luxury Strengthen Brand Portfolio ► Bold Sustainability 2.0 agenda ► Signature Cuisine Brands ► Bespoke service offerings Drive Scale & Profitabilit
Slide 33: Annexures
Annexures 33 33
Slide 34: Consolidated Financials: Statement of Profit & Loss
Consolidated Financials ₹ In Cr. Statement of Profit & Loss Particulars Q4 FY26 Q4 FY25 YoY FY26 FY25 YoY Revenue From Operations 1254 1061 18% 4139 3560 16% Other Income 53 38 192 66 Total Revenue 1306 1099 19% 4331 3626 19% on a Comparable Total Operating Expenses 787 648 21% 2716 2349 16% basis E
Slide 35: Standalone Financials: Statement of Profit & Loss
Standalone Financials ₹ In Cr. Statement of Profit & Loss Particulars Q4 FY26 Q4 FY25 YoY FY26 FY25 YoY Revenue From Operations 1026 981 5% 3583 3279 9% Other Income 48 35 36% 177 54 Total Revenue 1074 1017 6% 3761 3333 13% on a Comparable Total Operating Expenses 622 587 6% 2293 2090 10% basis EBIT
Slide 36: Room Segment Snapshot
Room Segment Snapshot FY25 FY26 60% 60% 22% 22% 14% 14% 2% 2% Retail Contracted MICE + Weddings Crew Sustained Performance across segments Data for FY26 Owned Hotels (Consolidated) 36 36
Slide 37: Strong Multi-channel Distribution Network
Strong Multi-channel Distribution Network Unit Reservations Website and App Guest Contact Centre 32% 21% 14% Online Travel Agents GDS 16% 17% Data for FY26 Owned Hotels (Consolidated) 37 Q4FY25&FY25Results Review:2024-2025
Slide 38: Brand landscape
Brand landscape Operational Pipeline Total Brands Hotels | Keys Hotels | Keys Hotels | Keys 16 | 4789 1 | 140 17 | 4929 2 | 181 2 | 420 4 | 601 - 3 | 469 3 | 469 11 | 389 13 | 816 24 | 1205 31 | 3440 21 | 3004 52 | 6444 59 | 4417 27 | 2207 86 | 6624 36 | 1078 2 | 74 38 | 1152 Total 155 | 14294 69 |
Slide 39: Thank You
Jk ITC HOTELS LIMITED THANK YOU