Royal Orchid Hotels Limited · NSE:ROHLTD
Royal Orchid Hotels — Q3 FY2023-24 Earnings Presentation
38 slides from Royal Orchid Hotels's earnings presentation, Feb 10, 2024
Slide 1: Cover letter to stock exchanges
& . Regd. Office : S o od 1, Golf Avenue, Adjoining KGA Golf Course, , 4% ROYAL ORCHID HOTELS LTD., HAL Airport Road, Kodihalli, Bangalore - 560 008, india. s1X T +91 80 41783000, F : +91 80 252 03366 www.royalorchidhotels.com CIN : L55101KA1986PLC007392 email : investors@royalorchidhotels.com Date:
Slide 2: Royal Orchid Hotels Ltd. Q3 & 9 Months Ended 2023-24
Royal Orchid Hotels Ltd. Q3 & 9 Months Ended 2023-24
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 01 Company Overview 02 03 Business Overview Financial Overview 04
Slide 5: Industry Outlook
Industry Outlook PROPOSED BRANDED HOTEL ROOMS ACROSS MAJOR CITIES 2020 / 21 2025 / 26 17931 17435 15892 15181 14330 13901 9969 9655 9061 7827 7718 7626 7420 7299 7039 6915 5714 5643 5442 4933 4817 3878 3878 2562 2045 1423 AGRA AHMEDABAD BENGALURU CHENNAI NEW DELHI GURUGAM NOIDA GOA HYDERABAD JAIPUR
Slide 6: Key Growth Drivers
Key Growth Divers Robust Attractive Policy Boosting Demand Opportunity Support Hospitality International tourist Government has allocated Under the Budget 2022-23, Diverse portfolio of with arrivals in India expected 100% FDI in Tourism & the government has focus on niche tourism to reach 30.5 milli
Slide 7: Key Industry Challenges
Key Industry Challenges Competition Infrastructure Entry of Travel Limited land availability at aggregators intensifies competitive landscape 01 the desired location Rising property prices 04 02 Regulatory Funding Delays in getting 03 Increasing cost of debt approvals and licenses leading to increas
Slide 8: Company Overview
Company Overview WHO OUR MANAGEMENT OUR WE ARE? JOURNEY TEAM PRESENCE
Slide 9: Who we are?
Who we are? SERVICE APARTMENTS Royal Orchid Suites Regenta Suites 4 STAR RESORT / HERITAGE • Royal Orchid Hotel Ltd (ROHL) was Royal Orchid Central Royal Orchid Resort Regenta Resort incorporated in 1986 under the name of Regenta Central Universal Resorts Ltd. • Promoted by Mr. Chander K Baljee 5 ST
Slide 10: Our Journey
Our Journey 99+ Hotels First Hotel 19 Hotels Across India & Abroad Hotel Royal Orchid Across India 01 19 99+ 2001 2006-07 2012-13 2018-19 TODAY Corporate HQ 07 Hotels 07 40+ 40+ Hotels Across India
Slide 11: Our Presence
UOC OQunmeresence 99+ 5795+ | 170+ Hotels & Resorts in Luxury Rooms, Specialty & All day Dining 65+ Locations Villas & Premium Suites Restaurants 35+ Leisure Destinations 45+ Business Destinations 18+ Wedding Destinations ry
Slide 12: Board of Directors
Non-Executive Directors Board of Directors Mr. Sunil Sikka Managing Partner of Houzz N Dezins a leading Floor covering sourcing solutions provider. Mr. Keshav Baljee Co-promoter of Royal Orchid Hotels Limited also founder of Spree Hotels, which is one of India's fastest growing and most loved mid- m
Slide 13: Management
> Management lta Mr. Philip Logan Chief Operating Officer (Coo) Over 25+ years exp in Operational Excellence with brands like Voyages Indigenous Australia, Sofitel Sydney & Other Accor Hotels. Mr. Perkin Rocha Sr. VP Operations (North) Over 25+ years experience with Lemon Tree Hotels & Duet Hotels M
Slide 14: Hotelier India Hall of Fame
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: Awards
[/\WEIFCIS The group has bagged many awards including The National Tourism Award 2008-09 organized by the Ministry of Tourism, Top 50 Brands for 2014 and 2015 by Paul Writer and most recently, the following: Mr Chander Baljee was honored with Lifetime Achievement Award from Hospitality Horizon Award
Slide 16: Business Overview
Business Overview Our Business Structure Our Business Model Our Offerings Competitive Advantage
Slide 17: Our Business Structure
Our Business Structure Owned hotels By Business Leased Hotels Portfolio Managed & Franchised Hotels Royal Orchid Hotels Limited (ROHL) By Legal Entity Subsidiaries Companies
Slide 18: 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 Facilitates expansion No upfront plans and ramping up requirement of presence 01 capex 05 Key 02 Creates brand Maintenance Capex factors required - Minimal visi
Slide 19: Segment Wise Occupancy, ARR & Keys
Segment Wise Occupancy, ARR & Keys No of Keys FY22-23 Q3 of FY22-23 Q3 of FY23-24* 9M of FY23-24* Management / Franchisee Contracts 3,775 185 121 871 Leased 575 73 41 113 Owned (Domestic) 268 - - - Management (Overseas) - - - 55 JV 323 - - - Total KEYS 4,941 258 162 1039 Average Occupancy (JLO) 77%
Slide 20: Portfolio
Revenue Model Operational as on Date Managed / Category Owned Leased JV Total Franchise Portfolio Asset 5 Star 268 - 139 - 407 4 Star 130 396 - 2147 2673 Service Apartment - 67 - 71 138 Resort/Heritage/MICE - 142 54 753 949 3 Star / Budget _ 83 - 1545 1628 Total Keys 398 688 193 4516 5795
Slide 21: Growth in rooms
Growth in rooms 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 % Growth 8000 + Signed + Signed + Signed + Signed + Signed + Signed Hotels Hotels Hotels Hotels Hotels Hotels 7,166 7000 6,478 6000 5,763 5,450 5,313 5,010 5000 4,763 4,358 3,980 3,980 4000 3,733 2,988 3000 2000 41% 8% 1000 812 11% 591
Slide 22: Upcoming Hotels
Upcoming Hotels SI No Name of the Hotel City / Location 1 Regenta Inn HRBR, Bangalore 2 Regenta Resort Gulbarga 3 Regenta Central Tirupati 4 Regenta Central Puri-Orissa 28+ 5 Regenta Inn Tezpur Assam 6 Regenta Place, MorniHills Panchkula,Haryana 7 Regenta Place Agra 8 Regenta Inn Gurgaon, Sector 47
Slide 23: Competitive Advantage
Competitive Advantage Balanced portfolio Strong sales presence Affordable luxury having having presence in across major source plethora of options for over 58 locations and markets in India modern travelers 11 states
Slide 24: Financial Overview
Financial Overview Quarterly & Half Year Consolidated Income Highlights and Margins Statement & Balance Shareholding Financial results Sheet snapshot
Slide 25: Standalone Quarter and 9 Months ended 2023-24
₹ In Crore Standalone Quarter and 9 Months ended 2023 - 24 Q3FY23-24 Q3FY22-23 60.00 54.74 48.39 50.00 40.00 Quarterly 30.00 19.79 17.36 20.00 12.41 11.55 9.28 8.20 10.00 - Total Revenue EBITDA PBT PAT 9M FY 23-24 9M FY 22-23 160.00 145.82 140.00 127.95 120.00 100.00 80.00 9 Months 60.00 47.48 45.19
Slide 26: Consolidated Quarter and 9 Months Ended 2023-24
₹ In Crore Consolidated Quarter and 9 Months Ended 2023 -24 Q3FY23-24 Q3FY22-23 100.00 86.61 76.53 80.00 Quarterly 60.00 29.43 40.00 27.75 19.78 19.23 15.73 15.19 20.00 - Total Revenue EBITDA PBT PAT 9M FY 23-24 9M FY 22-23 250.00 230.40 203.15 200.00 150.00 9 Months 100.00 71.29 72.22 42.85 47.40 3
Slide 27: Standalone & Consolidated Cash Profit 9 Months
Standalone & Consolidated Cash Profit 9 Months ended - 2023-24 ₹ In Crore 9MFY23-24 9MFY22-23 60.00 48.76 49.64 50.00 40.00 30.25 29.26 30.00 20.00 10.00 - Standalone Consolidated Cash Profit
Slide 28: Consolidated Quarterly Profits and 9 Months Profits
₹ In Crore Consolidated Consolidated Quarterly Profits Profits 9 Months 9M FY 23-24 9M FY 22-23 Q3FY23-24 Q3FY22-23 80.00 35.00 71.29 72.22 70.00 29.43 30.00 27.75 60.00 25.00 50.00 47.40 19.78 19.23 42.85 20.00 40.00 36.10 15.73 15.19 34.13 15.00 30.00 10.00 20.00 5.00 10.00 - - EBITDA PBT PAT EBIT
Slide 29: Revenue Breakup including Associate
₹ In Crore Revenue Breakup including Associate Standalone Consolidated Q3FY23-24 Q3FY22-23 Q3FY23-24 Q3FY22-23 50.00 30.00 46.19 28.30 45.00 43.13 25.64 25.00 40.00 35.00 32.84 20.00 19.37 30.00 28.87 17.05 15.00 25.00 20.00 10.00 15.00 4.91 10.00 8.13 5.00 2.69 6.01 1.381.41 5.00 3.642.85 - - Room
Slide 30: Consolidated Revenue Breakup - Segment Wise
₹ In Crore Consolidated Revenue Breakup including Associate - Segment Wise Q3FY23-24 Q3FY22-23 40.00 35.00 34.10 30.06 30.00 27.74 25.00 24.02 23.10 20.00 18.51 15.00 10.00 8.13 6.01 5.00 - Owned Lease / Revenue Share Joint Venture/ Associate Managed hotels
Slide 31: Consolidated Q3 & 9 Months Financial Results
Rs. In Crore Consolidated Q3 & 9 Months Ended FY2023-24 Financial Results Particulars (Rs in Crs) Q3FY23-24 Q2FY23-24 Q3FY22-23 9M FY 23-24 9M FY 22-23 - Room nights 40.68 35.10 38.38 111.47 103.21 - Food and beverages 29.61 22.97 25.47 76.60 65.28 - Other services 13.12 8.53 8.64 30.84 22.51 Income
Slide 32: Standalone Q3 & 9 Months Financial Results
Rs. In Crore Standalone Q3 & 9 Months Ended FY2023-24 Financial Results Particulars Q3FY23-24 Q2FY23-24 Q3FY22-23 9M FY 23-24 9M FY 22-23 - Room nights 28.30 25.29 26.41 78.01 70.69 - Food and beverages 19.37 15.35 16.27 50.73 41.61 - Other services 6.29 3.87 4.10 14.36 10.13 Income from Operations
Slide 33: Shareholding Pattern as on 31st Dec, 2023
Shareholding Pattern as on 31st Dec, 2023 4.79% Promoter 63.60% 31.61% Foreign Portfolio Investors 4.79% Others 31.61% 63.60% Total 100% Foreign Portfolio Investors Others Promoters
Slide 34: 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 35: Our Wedding Destinations
Our Wedding Destinations Goa « Bangalore Ranthambore « Jaipur Mussoorie » Mahabaleshwar Nagpur - Pushkar Bharatpur + Bhuj Sri Lanka Complimentary Honeymoon Package & Bridal Suite
Slide 36: 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 37: Our Wildlife Destinations
Our Wildlife Destinations Ranthambore Pench National Park Kabini
Slide 38: Contact
CONTACT Royal Orchid Hotels Ltd., KAPTIFY Consulting Mr. Chander Baljee Investor Relations / Consulting Chairman & Managing Director T: +91 8452886099 E: contact@kaptify.in W: www.kaptify.in Mr. Amit Jaiswal Chief Financial Officer M: +91 99020 00110 E: cfo@royalorchidhotels.com W: www.royalorchidho
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