Juniper Hotels Limited · NSE:JUNIPER
Juniper Hotels — Q1 FY2025 Earnings Presentation
17 slides from Juniper Hotels's earnings presentation, Aug 12, 2024
Slide 1: Cover letter to National Stock Exchange and BSE
JHL/SJ/2024/37 August 12, 2024 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 Symbol: JUNIPER Scrip Code: 544129 Sub.: Result
Slide 2: Q1FY25 Result Analysis
Q1FY25 Result Analysis
Slide 3: Key Highlights → Q1FY25
Key Highlights → Q1FY25 • Debt amounting to ₹15,000 Mn pared down from IPO proceeds → IPO account utilization completed • Record Q1 revenue of ₹2,048 Mn → 21% YoY growth despite disruption due to construction and refurbishment at Grand Hyatt Mumbai • ~2x QoQ growth in profit before tax → ₹131 Mn in
Slide 4: Q1FY25 Key Performance Metrics
Q1FY25 Key Performance Metrics Q1FY25 Q4FY24 QoQ var. Q1FY24 YoY var. ARR (₹) Luxury 11,686 13,550 -14% 10,564 11% Upper Upscale 7,055 7,824 -10% 6,586 7% Upscale 7,022 7,513 -7% 6,809 3% Consolidated 9,667 11,110 -13% 9,048 7% Occupancy (%) Luxury 78% 71% 81% -11 pp 78% -0 pp -8 pp Upper Upscale 73
Slide 5: Financial Performance
Financial Performance 4
Slide 6: Q1FY25: ~2x QoQ growth in Profits before tax
Q1FY25: ~2x QoQ growth in Profits before tax All figures in INR million Q1FY25 Q4FY24 QoQ var. Q1FY24 YoY var. Revenue from Operations 1,997 2,453 -19% 1,677 19% Other Income 51 29 77% 13 303% Total Income 2,048 2,482 -17% 1,689 21% Expenses 1,370 1,542 -11% 1,046 31% 1 EBITDA 679 940 -28% 643 5% EB
Slide 7: Strong growth in operations ....
Strong growth in operations …. Revenue from Operations (INR Million) 19% Record Q1 revenue of ₹1,997 Mn → 19% YoY growth 1,997 JHL like-to-like revenue growth of 3% YoY growth (i.e. excluding CHPL) despite the impact of: 1,677 • Market softness owing to elections Other Hospitality 124 • Severe weath
Slide 8: Adj. EBITDA and Cost Breakup for Q1FY25
Adj. EBITDA and Cost Breakup for Q1FY25 Split of Revenue into → Cost & EBITDA Comparative Commentary (INR Million) • Operating EBITDA margins remained stable in spite of transient impact of disruption • Employee expenses takes into account the impact of CHPL 8% employees in Q1FY25. however, like to
Slide 9: Industry trends
Industry trends JUNIPER
Slide 10: Industry growth trends remain strong
Industry growth trends remain strong Favourable Macro Trends Trend in Air Passenger Traffic (In Millions) 407-418 o India’s GDP growth rate pegged at 6.6% 376 345 341 327 309 o Increasing employment 265 224 o Higher disposable incomes of a young middle 190 189 class 115 o Growing demand for branded
Slide 11: Growth & Expansion
Growth & Expansion JUNIPER
Slide 12: Growth & Expansion Update
Growth & Expansion Update A. New Banquet “Showroom” - Mumbai Actual Images of the ‘The Grand Showroom’ • A new repurposed MICE space “Showroom” of 49,655 sq. ft. to be operational at Grand Hyatt Mumbai Hotel and Residences by Q2FY24 B. Refurbishment of Rooms – Mumbai • Refurbishment of rooms at Gran
Slide 13: Corporate Updates
Corporate Updates JUNIPER
Slide 14: Credit Ratings & Account Upgrade
Credit Ratings & Account Upgrade • Juniper Hotels Limited has been assigned “AA- Stable” rating by India Ratings (Fitch) in Q1FY25; upgraded from previously BBB+ rating • Chartered Hotels Pvt. Ltd. has been assigned “A- Stable” rating by CARE Ratings Ltd in Jul’24; upgraded from previously ‘D’ ratin
Slide 15: Hotels Portfolio
Hotels Portfolio Hotels present across luxury, upper upscale and upscale categories Grand Hyatt Mumbai Hotel Andaz Delhi Hyatt Delhi Residences Hyatt Regency Ahmedabad and Residences Keys: 401 Keys: 129 Keys: 270 * Kes: 665 Hyatt Regency Lucknow Hyatt Raipur Hyatt Place Hampi Keys: 206 Keys: 105 Key
Slide 16: Disclaimer
Disclaimer This presentation (“Presentation”) prepared by Juniper Hotels Limited has been solely prepared for information purposes and does not constitute a sale offer, or any invitation to subscribe for, or purchase of equity shares. The information and data which forms the basis of this Presentati
Slide 17: Thank You
Thank You Designated official for assisting and handling investor relations: Shreyans Kumar Bothra institutionalir@juniperhotels.com Sandeep Joshi retailir@juniperhotels.com