Itc Hotels Ltd · NSE:ITCHOTELS
Itc Hotels — Q1 FY27 Earnings Presentation
41 slides from Itc Hotels's earnings presentation, Jul 16, 2026
Slide 1: Q1 FY27 Results
Q1 FY27 Results ITC Ratnadipa, Colombo 16th July 2026
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: Global Growth Slowing
Global Growth Slowing India remains fastest growing major economy Real GDP growth estimates Previous Estimates (Apr'26) Revised Estimates (Jul'26) 6.5 6.5 6.4 6.5 6.7 4.6 Sharp Rise in Crude Oil Prices 3.1 3.0 3.2 3.4 2.3 2.3 2.1 2.2 1.9 0.7 Europe Brent Crude Oil Spot Price (FOB $ per Barrell) 2026
Slide 5: West Asia Conflict
West Asia Conflict Inbound Travel ↓, Cost Pressure ↑ India occupancies recovering Occupancy%^ 2024 2025 2026 78% 73% Air travel demand recovering 68% India Domestic Air Passenger Traffic 2024 63% (in lakhs) 2025 58% 160 2026 Jan Feb Mar Apr May 150 140 Robust realizations despite disruptions 130 ARR
Slide 6: Industry Outlook remains Positive
Industry Outlook remains Positive KEY POSITIVES KEY MONITORABLES Rising Income & Limited New Supply Developments in Higher Input Costs Growing Affluence in Top 10 Markets West Asia - Energy, Food & Fuel Robust Domestic Strong Govt. Push Depreciation of the Normalization of Indian Rupee Monsoon Air S
Slide 7: Key Performance Highlights
Key Performance Highlights 7 ITC Kohenur, Hyderabad 7
Slide 8: Key Performance Highlights – Q1 FY27
Key Performance Highlights – Q1 FY27 Robust Performance in a volatile quarter • Consolidated Revenue at ₹ 936 Cr. up 15%, PAT at ₹ 182 Cr., up 36% • Standalone Revenue at ₹ 808 Cr. up 9%, PAT at ₹ 177 Cr., up 18% ‘Asset-Right’ Expansion Continues • Kumarakom resort acquisition completed; Full scale
Slide 9: Robust Performance across Revenue Segments
Robust Performance across Revenue Segments Consolidated (Ex-Branded Residences) Q1 : Occupancy (%) & ARR (₹) ARR Q1 FY27: Revenue from Operations Occ% 74% Rooms F&B Management Fees Others 71% 68% 11310 6.4% Rooms Revenue Goly 10880 5.5% 9990 ₹ 430 Cr +8% +9% +4% F&B Revenue FY25 FY26 FY27 ₹ 361 Cr +
Slide 10: Highest Ever Q1 Revenue & Profits
Highest Ever Q1 Revenue & Profits ₹ In Cr. STANDALONE CONSOLIDATED CONSOLIDATED EX- BRANDED RESIDENCES OVERALL Revenue from 808 898 936 Operations ▲ 9% ▲ 10% ▲ 15% 263 281 292 EBITDA ▲ 11% ▲ 15% ▲ 19% EBITDA Margin 32% 31% 31% ▲ 57 bps ▲ 125 bps ▲ 123 bps Profit After Tax 177 169 182 ▲ 18% ▲ 26% ▲ 3
Slide 11: Sustained RevPAR Outperformance
Sustained RevPAR Outperformance India Portfolio at 1.3x of Industry RevPAR Industry* RevPAR ITC Hotels RevPAR +69% +53% +33% +54% +26% +21% +60% +5% +18% +31% India Hyderabad Ahmedabad Chennai Goa Agra New Delhi Bengaluru Jaipur Kolkata Data for YTD May’26 (Domestic Owned Hotels) *Luxury, Upper Upsc
Slide 12: Accelerated 'Asset-Right' Growth
Accelerated ‘Asset-Right’ Growth Hotels Portfolio crosses 22,000 Keys 2 new upcoming owned ‘ITC Hotels’ - Kumarakom, Kerala - Yashobhoomi, New Delhi → Up 25% over Mar’25 → Strong QoQ growth in portfolio 21,424 22,334 8 new hotel signings in Q1 FY27 20,222 19,535 18,809 Brand ‘Storii’ reaches the 25
Slide 13: Fortune Lakeview Bhimtal : Now Open
Fortune Lakeview Bhimtal : Now Open Set against the serene backdrop of Bhimtal Lake 63 Rooms & Suites | Rooftop Dining 13 Review : 2024-2025
Slide 14: ITC Ratnadipa : A Jewel in Colombo's Skyline
ITC Ratnadipa : A Jewel in Colombo’s Skyline Sri Lanka’s Economic Recovery ITC Ratnadipa Growth Estimates Largely Unchanged RevPAR Continues to Ramp Up Previous Estimates RevPAR (LKR) (April 2026) For Qtr 1 Revised Estimates (July 2026) 5.0 5.0 4.0 4.0 4.2 4.0 x 1.8x 2.2x 2025A 2026 E 2027 E FY25 FY
Slide 15: 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 Q1 FY27 Revenue ₹ 38 Cr. EBITDA ₹ 11 Cr. 15 15 15
Slide 16: Harnessing Solar Energy at ITC Grand Bharat
Harnessing Solar Energy at ITC Grand Bharat 1.5 MWp Captive Solar Plant commissioned Reducing Carbon footprint and enhancing energy cost efficiency ITC Hotels Installed Renewable Energy Capacity at 52.4 MW 16 Review : 2024-2025
Slide 17: Responsible Luxury Initiatives
Responsible Luxury Initiatives 13th LEED® ZERO WATER CERTIFICATION 24th LEED PLATINUM® CERTIFICATION ITC Royal Bengal Welcomhotel Vadodara Leading Hotel Chain with World’s Highest Number of LEED Platinum®, LEED® Zero Water & LEED® Zero Carbon Certified Hotels 17 Review : 2024-202517
Slide 18: Key Growth Enablers
ITC Grand Goa Key Growth Enablers 18 18 Review : 2024-2025
Slide 19: 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 • Responsible Luxury • Robust Talent Pool o Rooms accelerate growth experience Ethos across all brands • Stro
Slide 20: Quality
Quality Net Promoter Score Response Rate Online Rating One of the Best NPS scores Active feedback High Customer in the Industry monitoring Satisfaction Rating 85 98% 4.80 98.98% (Global Average 58) (Global Average 60%) (Global Average 4.2) (Luxury Global Average 62) (Luxury Global Average 61%) (Luxu
Slide 21: Operational Excellence : Q1
Operational Excellence : Q1 Consolidated (Ex-Branded Residences) Food & Bev. Cost (% of F&B Revenue) People Cost ^ (% of Revenue from Ops) 24.9% 26.2% 24.6% 24.4% FY26 FY27 FY26 FY27 Energy Cost (% of Revenue from Ops) Other Operating Cost^ (% of Revenue from Ops) 27.6% 28.1% 5.4% 5.3% FY25 FY26 FY2
Slide 22: Growing Footprint
Growing Footprint Existing Hotels Current Footprint 7 Hotels in pipeline 21 1 1 156 Operational Hotels 6 2 2 12 7 5 14,300+ Operational Keys 18 9 5 1 1 1 1 (Owned / Managed Mix By % Keys : 40% / 60% ) 7 11 2 1 1 13 5 3 4 2 7 5 1 3 2 By 2031 6 5 2 2 7 2 250 Operational Hotels 10 3 5 5 22,000+ Operati
Slide 23: Dual Engines of Growth
Asset-Right Growth Algorithm Dual Engines of Growth → Targeting an operating footprint of 22,000+ keys by 2031 Owned Portfolio Managed Portfolio 5 ,7 00 + Ke ys → ~ 7 , 5 00 k e y s 8 , 6 00 + Ke y s → ~ 1 5 , 000 Ke y s ❖ Sweating of Existing Assets ❖ Accelerated Signings & Openings ❖ Stabilization
Slide 24: Owned Portfolio: Sweating the Existing Assets
Owned Portfolio Growth ~7,500 Keys by 2031 5,700+ Keys in 2026 Levers 24 1 Sweating the Existing 4 Inorganic Expansion Assets ❖ Kumarakom Resort acquisition completed in Q1 → Repositioning as a Luxury resort ❖ Iconic assets in key metros & leisure markets; limited supply ❖ Well positioned to execute
Slide 25: Owned Portfolio : New Builds and Brownfield Expansion
Owned Portfolio : New Builds and Brownfield Expansion BROWNFIELD EXPANSION NEW BUILDS 2027 2027 2029 2030 Bhubaneswar Puri Visakhapatnam New Delhi Odisha Odisha Andhra Pradesh Delhi NCR 100+ Keys & 20k 118 Keys 200+ Keys 250+ Keys sqft. Banquet Block Upper-Upscale Upper-Upscale Luxury Luxury Growing
Slide 26: Owned Portfolio : Inorganic Expansion
Owned Portfolio : Inorganic Expansion Q1 FY27 Q2 FY27 (PLANNED) Well - positioned to execute Value-Accretive Acquisitions Strong Balance Sheet Kumarakom Resort, Kerala Welcomhotel Ahmedabad 72 Keys 130 Keys • Currently undergoing full-scale • Located in the high demand upgraation commercial nerve ce
Slide 27: Acquisition of GHK Hospitality and Infrastructures Limited
Owned Portfolio : Inorganic Expansion Acquisition of GHK Hospitality and Infrastructures Limited (GHK) 27 Q4FY25&FY25Results Review:2024-2025
Slide 28: Acquisition of GHK (Welcomhotel Ahmedabad)
Acquisition of GHK (Welcomhotel Ahmedabad) Transaction Highlights Acquisition of 100% stake in GHK Hospitality and Infrastructures Limited (GHK) which owns Welcomhotel Ahmedabad 130 keys operational hotel in Ahmedabad. Currently managed by ITC Hotels Ltd. under an Operating Services Agreement
Slide 29: Acquisition of GHK (Welcomhotel Ahmedabad)
Acquisition of GHK (Welcomhotel Ahmedabad) Acquisition Rationale ❖ Expands ITC Hotels’ owned portfolio in Ahmedabad across all market segments through an established city property ❖ Value accretive acquisition : Capital-Efficient & Faster Time-to- Market vs. Greenfield ❖ Opportunity to increase yiel
Slide 30: Ahmedabad : The Emerging Metropolitan
Acquisition of GHK (Welcomhotel Ahmedabad) Ahmedabad : The Emerging Metropolitan Rising Economic Prominence Industrial Corridor Access Affluent Demography Sports & Cultural Hub Amongst India’s top eight Commercial hub connecting India’s fourth largest city Commonwealth Games 2030, urban economies, w
Slide 31: Managed Portfolio
Managed Portfolio Scaling up of Managed Hotels (Operational) 2021 2026 2031 REFERENCE YEAR ACHIEVED GOALS 5,300+ Keys 8,600+ Keys ~15,000 Keys Keys rounded off STRATEGIC PRIORITIES Healthy Pipeline 01 Accelerated Signings & Openings 74 Managed Hotels | 7,200+ Managed Keys 02 Geographic Expansion Acc
Slide 32: Digital First Ecosystem
Digital First Ecosystem Enabling Growth. Enhancing Margins. Elevating Trust. Driving Revenue & Profitability Transforming Guest Experience Sharper commercial edge Consistent, seamless, personalised luxury ◈ CRM Personalisation & Micro-Segmentation Unified Guest Communication (Genesys) ★ Loyalty 2.0
Slide 33: Trailblazer in Responsible Luxury
Trailblazer in Responsible Luxury 2022 2026 2030 REFERENCE YEAR ACHIEVED GOALS LEED® Zero All Owned 3 hotels 12 hotels Carbon Hotels Hotels LEED® Zero All Owned - 13 hotels Water Hotels Hotels 52.4 MW Renewable Energy LEED Platinum® All Owned Capacity 22 hotels 24 hotels Hotels Hotels Renewable < 50
Slide 34: World Class Engaged and Committed Talent
World Class Engaged and Committed Talent Aligned Engaged Committed ❖ Talent Management processes ❖ Purpose Driven Enterprise ❖ Engaged Workforce - High Pride & enmeshed with Business imperatives - Triple Bottom Line Advocacy ❖ Strong Upstream & Downstream ❖ Superlative Customer Experience ❖ Culture
Slide 35: Annexures
Annexures 35 35
Slide 36: Standalone Financials
Standalone Financials ₹ In Cr. Statement of Profit & Loss Particulars Q1 FY26 Q1 FY27 YoY Revenue From Operations 744 808 9% Other Income 39 51 30% Total Revenue 783 859 10% Total Operating Expenses 506 546 8% EBITDA 237 263 11% EBITDA Margin % 32% 32% +57 bps Depreciation 73 73 1% Finance cost 3 3
Slide 37: Consolidated Financials
Consolidated Financials ₹ In Cr. Statement of Profit & Loss Particulars Q1 FY26 Q1 FY27 YoY Revenue From Operations 816 936 15% Other Income 44 59 32% Total Revenue 860 995 16% Total Operating Expenses 571 644 13% EBITDA 245 292 19% EBITDA Margin % 30% 31% +123 bps Depreciation 102 104 2% Finance co
Slide 38: Room Segment Snapshot (Q1)
Room Segment Snapshot (Q1) FY26 FY27 61% 56% 23% 18% 18% 19% 3% 2% Retail Contracted MICE + Weddings Crew Data for Q1 FY27 Owned Hotels (Consolidated) 38 38
Slide 39: Strong Multi-channel Distribution Network
Strong Multi-channel Distribution Network Unit Reservations Website and App Guest Contact Centre 30% 23% 13% Online Travel Agents GDS 17% 17% Data for Q1 FY27 Owned Hotels (Consolidated) 39 Q4FY25&FY25Results Review:2024-2025
Slide 40: Brand landscape
Brand landscape Operational Pipeline Total Brands Hotels | Keys Hotels | Keys Hotels | Keys 17 | 4861 2 | 405 19 | 5,266 2 | 181 2 | 420 4 | 601 - 3 | 469 3 | 469 11 | 389 14 | 859 25 | 1248 31 | 3440 26 | 3451 57 | 6891 59 | 4423 27 | 2250 86 | 6673 36 | 1078 3 | 108 39 | 1186 Total 156 | 14,372 77
Slide 41: THANK YOU
THANK YOU CLUBITC mcHOTES ev/Minos EPIQ A STORM FORTUNE