Viceroy Hotels Ltd · NSE:VHLTD
Viceroy Hotels — Q3 FY26 Earnings Presentation
36 slides from Viceroy Hotels's earnings presentation, Feb 11, 2026
Slide 1: Regulation 30 disclosure covering letter to stock exchanges
To Date: 11.02.2026 The Manager The Manager, BSE Limited National Stock Exchange of India Limited, P. J. Towers, Dalal Street Exchange Plaza, Bandra Kurla Complex, Mumbai-400001 Bandra (E), Mumbai- 400051. (BSE Scrip Code: 523796) (NSE Symbol: VHLTD) Dear Sir/ Madam, Unit: Viceroy Hotels Limited Sub
Slide 2: Viceroy Hotels Limited Investor Presentation Q3 & 9M FY26
Viceroy Hotels Limited Investor Presentation Q3 & 9M FY26
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Viceroy Hotels Limited (the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securi
Slide 4: Highlights of Hospitality Sector
Highlights of Hospitality Sector The industry remains underpenetrated, given relatively lower air traffic and inadequate infrastructure compared to global standards India had ~2,00,000 branded hotel rooms as of Travel and tourism are two of the largest March 2025, with over 1,00,000 additional indus
Slide 5: Indian Hotel Sector Set for Significant Growth
Indian Hotel Sector Set for Significant Growth…. Key Metrics 9000 73% 8,400 • The travel market in India is projected to reach $ 125 Bn by FY27 8,000 from $ 75 Bn in FY20 8000 7,500 72% 72% 7000 • According to World Travel & Tourism Council (WTTC), over the next decade, India’s Travel & Tourism’s GD
Slide 6: Driven by Higher Discretionary Spending
…..Driven by Higher Discretionary Spending Total Air Traffic Domestic Air Traffic International Air Traffic Foreign Tourist Arrivals 9966.9 Mn 166.9 Mn 9800 Mn 14.2 Mn Domestic travelers Foreign tourist arrivals (expected to contribute 50% of the incremental growth) (anticipated to account for 30%)
Slide 7: Economic Recovery Fueling Tourism Upside
Economic Recovery Fueling Tourism Upside GDP Momentum - India’s GDP growth of 8.2% in Q2 FY26 and emergence as the world’s 4th-largest economy (USD 4.19 trillion) reflects the strength of domestic demand and rising consumer Increased frequency of leisure travel confidence. Consumption revival - Revi
Slide 8: MICE: Market Drivers
MICE: Market Drivers Expanding Corporate Sector The rapid growth of India's corporate sector has led to a rise in business- related events, boosting the demand for MICE services Infrastructure Development The government's emphasis on infrastructure improvement has resulted in the creation of world-c
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Slide 11: Company Background
Company Background Viceroy Hotels Limited has been in the business of Hospitality since 1993, opening its flagship Viceroy 01 Hotel in the heart of the city and was one of the first few 5 Star Hotels in Hyderabad. Further in 2006 the company got into a management agreement with Marriott Hotels to re
Slide 12: Restructuring of Shareholding Pattern
Restructuring of Shareholding Pattern The Equity Shares held by the Existing Public The public shareholders' equity holding was As a result, the pre-CIRP shareholding of public Shareholders were restructured, reduced, adjusted to 6,31,579 shares in the post-CIRP shareholders, which was 3,67,17,443 s
Slide 13: Company Profile
Company Profile Our vision at Viceroy Hotels is to transform Asia's hospitality landscape, aiming to be a top brand 03 5.0 538 10,000 sqft 07 Hotels Acres Plot Area Rooms Convention Centre F & B Outlets Spa Sky Gym Outdoor Pool 12
Slide 14: Marriott 295 Rooms 5 F&B Outlets
Marriott 295 Rooms 5 F&B Outlets 303 Restaurants Seating Capacity 10,000 sqft Convention Centre 13
Slide 15: Courtyard By Marriott 168 Rooms
Courtyard By Marriott 168 Rooms (1+1) F&B Outlet (110+70) Restaurants Seating Capacity 14
Slide 16: Future Development Plans: Greenfield Project at Madhapur
Future Development Plans : Greenfield Project at Madhapur MADHAPUR PROJECT ( IN PIPELINE) Proposed hotel to be operated under the brand Courtyard by Marriott 200 Rooms 7000 Sq yards area 15
Slide 17: Acquired Marriott Executive Apartments in Hyderabad
Acquired Marriott Executive Apartments in Hyderabad Consideration INR 215 Cr (Incl. Stamp duty cost) Location SLN Terminus, Gachibowli, Hyderabad Keys 75 Executive Rooms (1,57,247 sq. ft) Land Share 2327sq. Yds CY25 Turnover INR 48.08 Cr * CY25 EBITDA INR 21.45 Cr* *The figures are for the calendar
Slide 18: Growth & Expansion Plans
Growth & Expansion Plans Management has outlined a plan to invest ₹100+ Cr to renovate and upgrade existing properties Phase I Phase II Phase III • Courtyard 6th and 7th Floor – • 168 Guest Rooms of • 4 F&B outlets and Executive 56 Guest Rooms - Completed Marriott to be upgraded to a Lounge in Marri
Slide 19: Ongoing Renovation
Ongoing Renovation BAR SPA ROOMS 18
Slide 20: Key Management Personnel
Key Management Personnel Mr. Ravinder Reddy KONDA REDDY RAVINDER REDDY | Managing Director & CEO Mr. Ravinder Reddy Kondareddy, an accomplished BE (Electronics) graduate from RV College of Engineering, Bangalore, Karnataka, holds the esteemed positions of Managing Director and CEO. As a successful e
Slide 21: Key Management Personnel
Key Management Personnel Mr. S.P. Reddy SOLIPURAM PRABHAKAR REDDY| Non-Executive & Non-Independent Director Mr. S.P. Reddy is recognized as a versatile entrepreneur and investor with a diverse portfolio spanning the United States and India. His business interests include Information Technology, Life
Slide 22: Key Management Personnel
Key Management Personnel ANIRUDH REDDY KONDA REDDY| Non-Executive & Non-Independent Director Anirudh Reddy Konda Reddy, hailing from a family with a 15-year legacy in the real estate business across Hyderabad, Kurnool, and Bangalore, has recently stepped up to lead his family's ventures. In 2012, he
Slide 23: Management
Management PRADYUMNA KODALI | Chief Operating Officer Mr. Pradyumna Kodali is an accomplished finance and hospitality professional with a Bachelor’s degree in Engineering from BITS Pilani. His career has taken him across international borders, notably with OYO, where he significantly contributed to
Slide 24: Investment Strategy
Investment Strategy GREEN FIELD PROJECT Seeking opportunities to invest in new and innovative projects BROWN FIELD PROJECT Strategic sites are identified for their potential to appeal to and support our guests NCLT - DISTRESSED ASSETS Changing challenges into rewarding opportunities 23 23
Slide 25: Meticulously Invest on Three Core Criteria
Meticulously Invest on Three Core Criteria: FINANCIAL VIABILITY We ensure that each investment is a financially sound decision LOCATION FEASIBILITY Strategic locations are chosen for their potential to attract and serve our guests UNIQUE VALUE PROPOSITIONS Strategic locations are chosen for their po
Slide 26: Q3 & 9M FY26 Financial Performance
Q3 & 9M FY26 Financial Performance
Slide 27: Financial Highlights Q3 FY26
Financial Highlights Q3 FY26 ₹ in lakhs Q3 FY26* Q3 FY25 REVENUE 3,832.96 V/S 3,775.25 EBITDA 1,208.86 V/S 1,135.41 EBITDA 31.54% V/S 30.08% MARGIN PBT 1,070.10 V/S 698.68 PAT 1,093.04 V/S 728.72 *Courtyard by Marriott under partial renovation 26
Slide 28: Financial Highlights 9M FY 2026-25
Financial Highlights 9M FY 2026-25 ₹ in lakhs 9M FY26* 9M FY25 REVENUE 9,449.60 V/S 9,715.66 EBITDA 2,358.29 V/S 2,445.95 EBITDA 24.96% V/S 25.18% MARGIN PBT 1,537.67 V/S 1,342.58 PAT 1,228.93 V/S 6,866.09 *Courtyard by Marriott under partial renovation 27
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Slide 30: Key Operational Metrics
Key Operational Metrics ₹ in Lakhs ADR (Rs.) 9M FY26 9M FY25 YoY% Q3 FY26 Q3 FY25 YoY% Marriott 7,296 6,570 11.1% 8,135 7,377 10.3% Courtyard 7,432 6,484 14.6% 8,386 7,535 11.3% Combined 7,326 6,544 11.9% 8,195 7,424 10.4% Occupancy % 9M FY26 9M FY25 YoY Q3 FY26 Q3 FY25 YoY Marriott 69.2% 68.4% 80 b
Slide 31: Profit and Loss Statement
Profit and Loss Statement ₹ in Lakhs Particulars Q3 FY26 Q3 FY25 YoY% 9M FY26 9M FY25 YoY% Total Income 4154.89 3815.54 8.89% 9986.32 9941.53 0.45% Total Expenditure 3084.79 3116.86 -1.03% 8448.65 8598.95 -1.75% EBITDA 1208.86 1135.41 6.47% 2358.29 2445.95 -3.58% Margin to Total Income % 31.54% 30.0
Slide 32: Annexures
Annexures N VICEROYHOTELS
Slide 33: Financial Highlights FY 2024-25
Financial Highlights FY 2024-25 ₹ in Lakhs FY 24-25 YoY Growth % FY 23-24 REVENUE 13,602.13 14% 11,945.27 EBITDA 3,755.53 63% 2,332.50 EBITDA 27.61% 808 19.53% MARGIN bps PBT 2,049.92 159% 807.49 PAT 7,640.58 986% 703.30 32
Slide 34: Key Operational Metrics
Key Operational Metrics ₹ in Lakhs ADR (₹) FY 2024-25 FY 2023-24 YoY% Marriott 6,864 6,752 1.66% Courtyard 6,758 6,616 2.15% Combined 6,834 6,707 1.89% Occupancy % FY 2024-25 FY 2023-24 YoY% Marriott 69.40% 62.10% 11.76% Courtyard 72.60% 79.20% -8.33% Combined 70.30% 66.80% 5.24% RevPar (₹) FY 2024-
Slide 35: Profit and Loss Statement
Profit and Loss Statement ₹ in Lakhs Particulars FY 2024-25 FY 2023-24 YoY% Total Income 13,602.13 11,945.27 13.87% Total Expenditure 11,552.21 11,137.77 3.34% EBITDA 3,755.53 2,332.50 61.01% Margin to Total Income % 27.96% 19.53% 43.21% Depreciation & amortisation 1,210.14 1,382.62 -12.47% Finance
Slide 36: Thank You
Viceroy Hotels Limited CIN: L55101TG1965PLC001048 MUFG Intime India Private Limited A part of MUFG Corporate Markets, a division of MUFG Pension & Market Services Ms. Darshni Desai darshni.desai@in.mpms.mufg.com Mr. Devansh Dedhia devansh.dedhia@in.mpms.mufg.com Meeting Request Link Thank You