Juniper Hotels Limited · NSE:JUNIPER
Juniper Hotels — Investor Day (August 2026)
49 slides from Juniper Hotels's investor day presentation, Aug 17, 2026
Slide 1: Exchange cover letter for Investor Presentation
JHL/SJ/2026/61 August 17, 2026 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.: Invest
Slide 2: Analyst & Investor Day Presentation 2026
Analyst & Investor Day Presentation 2026
Slide 3: Speakers for the Day
Speakers for the Day Arun Kumar Saraf Varun Saraf Managing Director and Chairman CEO • One of the Promoters of the Company • Responsible for managing overall operations • Associated with the Company since 1998 • Also serves as MD of Chartered Hotels Pvt Ltd • BA with a major in Business Economics fr
Slide 4: Established Today
Established Today A portfolio of premium hospitality assets delivering consistent performance and forming the foundation of Juniper Hotels. Building Tomorrow Expanding Beyond 3
Slide 5: Juniper Hotels - An Overview
Juniper Hotels - An Overview Highest share of Hyatt operated keys in India Owners & Developers of Landmark Assets Global Hospitality Operator as Promoter Partner Existing Footprint New Delhi Development1 Andaz Delhi Hyatt Delhi Residences Guwahati Hotel1 Hyatt Regency Ahmedabad 8 2,133 2.25 lakh sq.
Slide 6: Balanced Board - Diverse and Highly Experienced
Balanced Board - Diverse and Highly Experienced Mr. Arun Kumar Saraf Mrs. Pallavi Shardul Shroff Chairman and Managing Director Independent Director He is also one of the Promoters of our Company. He has been associated She holds a bachelor’s degree in law and a master’s degree in with the company s
Slide 7: Brand Announcement "Grand Hyatt" for Guwahati and New Delhi
Brand Announcement "Grand Hyatt" for Guwahati and New Delhi Guwahati New Delhi Render Image Render Image Reinforcing the Trusted Hyatt & Juniper Partnership with the Brand Announcement of Grand Hyatt Hotels in Guwahati and New Delhi 6
Slide 8: Developing Landmark Hotels over 25+ years
Developing Landmark Hotels over 25+ years 2004 2012 2014 2015 2016 2017 2018 2027 2029 2029 2030 2031 2031 Grand Hyatt Mumbai Hyatt Raipur Andaz Delhi Hyatt Residences Bangalore Ph-II Kaziranga New Delhi Longest operating 1st internationally 1st Andaz branded Delhi Grand Hyatt in India branded hotel
Slide 9: Focused Hospitality Developers - Creating the "Right Asset"
Focused Hospitality Developers - Creating the “Right Asset” Portfolio spans Luxury and Upper Upscale categories, with an emphasis on large-scale ‘big box’ hotel developments. This strategy aligns with commitment to asset ownership, ensuring that we benefit from property revaluation while maintaining
Slide 10: Owner and Developer of Big Box Luxury Assets
Owner and Developer of Big Box Luxury Assets Grand Hyatt Mumbai Hotel and Westin Bengaluru Hyatt Regency Ahmedabad Hyatt Regency Lucknow Hyatt Raipur Guwahati (Development) 1 Residences Keys: 513 Keys: 270 Keys: 206 Keys: 105 Keys: 2772 Keys: 549 | Apartments: 116 (Phase 1: 238 ; Phase 2: 2752) Comm
Slide 11: Key Initiatives since IPO
Key Initiatives since IPO HYATT REGENCY ACQUISITION OF GRAND HYATT ACQUISITION OF VALUE UNLOCKING ACQUISITION OF AHMEDABAD WESTIN MUMBAI KAZIRANGA LAND NEW DELHI LAND BANGALORE 1. Added 61 new 1. Brownfield 1. Guest rooms and Acquired Kaziranga 1. Unlocked ~80,000 Long leased land of 2.5 rooms in Oc
Slide 12: Reinvesting Capital to Optimize Existing Assets
Reinvesting Capital to Optimize Existing Assets Upgraded and Ready for Future Grand Hyatt Mumbai Andaz, Delhi • 49,655-sq. ft. retail space converted into “The Grand Showroom,” for MICE • F&B and culinary areas refurbished • Open space behind the Grand Showroom, now sold as part of the package. Rend
Slide 13: Diversified Revenue Streams
Diversified Revenue Streams 49% 10% 30% 4% 7% Rooms Serviced Apartments F&B and MICE Lease Rentals Other Hospitality 12
Slide 14: Grand Hyatt Mumbai: Revenue Growth Journey & Upside Ahead
Grand Hyatt Mumbai: Revenue Growth Journey & Upside Ahead Room Revenue Growth Key Growth Drivers INR Crores 300 +12% ADR: ₹13,800 in FY26, +18% CAGR over 2 years 250 200 150 Occupancy: 72% in FY26, leaving further upside 100 FY24 FY25 FY26 F&B Revenue Growth INR Crores 200 Events: 70% of F&B mix, +2
Slide 15: Andaz Delhi: Revenue Growth Journey & Upside Ahead
Andaz Delhi: Revenue Growth Journey & Upside Ahead Room Revenue Growth Key Growth Drivers INR Crores 250 ADR: ₹14,600 in FY26, +13% CAGR over 2 years +27% 200 150 Occupancy: 78% in FY26, leaving further upside 100 FY24 FY25 FY26 F&B Revenue Growth INR Crores +11% Events: 64% of F&B mix, +5% CAGR ove
Slide 16: Strong EBITDA Margins – FY26
Strong EBITDA Margins – FY26 Operating EBITDA Margin F&B Cost (% of Revenue from Operations) 46% 45% 7.5% 7.9% FY26 FY25 FY26 FY25 EBITDA Margin Strengthens to ~46% in FY26 F&B Costs Remain Well Controlled Employee Cost (% of Rev from Ops) HLP Cost (% of Revenue from Operations) 17.7% 18.4% 5.3% 6.4
Slide 17: Building Tomorrow
Established Today Building Tomorrow Expanding our footprint through high-quality developments and strategic projects that will meaningfully enhance scale, earnings, and market presence. Expanding Beyond 16
Slide 18: The Westin Bengaluru – Opening October 2026
The Westin Bengaluru – Opening October 2026 A Glimpse of the Westin Experience Actual Image Actual Image Actual Image Introducing a Landmark Addition to Luxury Hospitality Landscape Actual Image Actual Image Current Status Keys (phase I) Area Acquisition To be operational by Finishing works and pre-
Slide 19: Juniper and Marriott Forge New Partnership with Westin Bengaluru
Juniper and Marriott Forge New Partnership with Westin Bengaluru Hotel Management Agreement signed by Varun Saraf, CEO– Juniper and Rajeev Menon, President, Asia Pacific - Marriott dated 12 August 2026 18
Slide 20: Trends observed in Future Growth Markets - Bengaluru
Trends observed in Future Growth Markets - Bengaluru 21% 68% 500+ 250Mn sq. ft. 40Mn+ #1 ARR Growth Occupancy GCCs in Bengaluru Office Stock Airport Passengers Office Leasing Market in Jan-Jun YTD’25 YoY Jan-Jun YTD’25 Expected to reach 2,500+ by 2030 Largest Office market in India At BLR Airport (F
Slide 21: Expanding Beyond
Established Today Building Tomorrow Expanding Beyond Pursuing value-accretive acquisition opportunities to accelerate growth beyond the existing development pipeline. 20
Slide 22: A Clear Path to Doubling the Key Portfolio
A Clear Path to Doubling the Key Portfolio 3,941 277 2x 550 3008 3,114 106 275 2,133 600 1,895 238 FY26 Bangalore FY27 Brownfield Bangalore Commercial FY29 Kaziranga FY30 New Delhi Guwahati FY31 Phase 1 Acquisitions Phase 2 Tower GHM1 Existing Assets Mid-Term Growth Long-Term Growth Strategic Expans
Slide 23: Bengaluru Phase II (275 Keys)
Bengaluru Phase II (275 Keys) Render Image Render Image 275 keys Phase I ROCE: ~18% To be operational by Current Status (250 keys +25 Apartments) Total ROCE: ~20% FY29 Design approved; ballroom works As Phase II has a lower commenced; structural tendering incremental cost per key underway. 22
Slide 24: Luxury wildlife resort in Kaziranga National Park
Luxury wildlife resort in Kaziranga National Park The Vision The Progress First ever 5-star Hotel Asset Long Leased Land extendable up Land Area: Current Status To be operational by FY30 Site works commenced with at Kaziranga, Assam to 99 years 4,20,000 Sq. ft. Plan to build ~106 Luxury Rooms contra
Slide 25: Greenfield Luxury Development at Guwahati
Greenfield Luxury Development at Guwahati Unlocking the Land value Actual Image Render Image Total: Land Area To be Operational by Current Status 277 keys 73,000 Sq. ft. FY31 Design approved; site mobilization (263 keys +14 apartments) planned 24
Slide 26: Luxury Big Box Greenfield Development in New Delhi
Luxury Big Box Greenfield Development in New Delhi Project Site Yashobhoomi Indira Gandhi International Airport Aero city Centre Key Project details Establishing leadership position in Vibrant Delhi Airport–Yashobhoomi– No upfront land cost to drive To be Operational by Current Status New Delhi with
Slide 27: Execution of License Deed with the Delhi Development Authority (DDA)
Execution of License Deed with the Delhi Development Authority (DDA) The signing is done in presence of , the Honorable Lieutenant Governor of Delhi. 26
Slide 28: Commercial Tower- GHM
Commercial Tower- GHM Render Image Unlocking the Latent Proposed built up area Steady annuity income To be Operational by Current Status Opportunity of ~80,000 Sq. ft through commercial FY29 Approvals Underway lease rentals Notes: 1. The said space is within the same land parcel of GHM – Grand Hyatt
Slide 29: Latent Growth Opportunities
Latent Growth Opportunities Opportunities that are still lying available to company Land Bank Available for Further Development Additional Development Opportunities on Existing Assets ~3,00,000 sq. ft1 built up area available on land adjacent to Grand Hyatt Mumbai for the purpose of constructing a m
Slide 30: Short To Medium Term Expansion
Short To Medium Term Expansion In advanced stage of discussion to acquire 3 Brownfield assets ~600 3 Prime Growth Potential for Future Key Potential Keys Strategic Asset Locations Additions 29
Slide 31: Disciplined Capital Approach
Disciplined Capital Approach 30
Slide 32: Aim to Double Room Inventory & EBITDA by FY31
Aim to Double Room Inventory & EBITDA by FY31 EBITDA “With the strategic growth roadmap, INR Crores Juniper aims to double its room inventory 1,200 and EBITDA by FY2030-31” 1,000 ~20% CAGR 800 600 400 200 - FY26 FY27 FY28 FY29 FY30 FY31 31
Slide 33: Funding for the Next Phase of Growth
Funding for the Next Phase of Growth Capex Requirements Source of Funds Internal Benchmarks Result Rs. 1930 Cores ~ ₹ 1,600 - 1,800 Cr. Internal IRR target of ~3900 Total Capex Planned up to Keys by FY31 Internal Surplus up to FY31 11 – 15% FY31 * Incl. inorganic acquisitions In advanced stage of No
Slide 34: Expanding Beyond with High ROCE Projects
Expanding Beyond with High ROCE Projects Project wise estimated capital expenditure of ~Rs. 1,930 for upcoming expansion Land acquired in Phase I; key approvals and associated payments Bangalore Phase II Rs 400 Crores already completed. Land leased allotted by government at a Kaziranga Rs 200 Crores
Slide 35: Financial Performance
Financial Performance 34
Slide 36: Strong Growth Delivered in FY26
Strong Growth Delivered in FY26 Achieved Milestone of INR 1,000 Crs. + Total Income with strong EBITDA margin of 42% ARR Total Income EBITDA1 PBT2 PAT ₹ 11,924 ₹ 1,069.1 Crs. ₹ 444 Crs. ₹ 235.3 Crs. ₹ 141.6 Crs. 9% 10% 21% 57% 99% YoY Growth Total Income EBITDA1 INR Crores 6th Consecutive PAT Positi
Slide 37: Consolidated Profit & Loss Statement – Full Year
Consolidated Profit & Loss Statement – Full Year All figures in INR Crores FY26 FY25 FY24 Revenue from Operations 1,047.7 944.3 817.7 1 Other Income 21.4 31.3 8.6 Total Income 1,069.1 975.6 826.3 Expenses 625 607.5 506.7 2 EBITDA 444.0 368.1 319.7 EBITDA (% of Total income) 42% 38% 39% 3 Adjusted EB
Slide 38: Balance Sheet – 31 March 2026
Balance Sheet – 31 March 2026 INR Crores As at Strong Financial Position Provides Headroom for Future Particulars March 31, 2026 March 31, 2025 Growth Non-Current Assets 3,750 3,798 Capital Work-in-Progress 345 256 • Strong Tax Shield: ₹1,095 Cr Total Non-Current Assets 4,095 4,054 • Robust Credit P
Slide 39: Q1FY27 - Executive Summary
Q1FY27 - Executive Summary Strong RevPAR Growth of 13% YoY, with Sustained Operating EBITDA Margins ARR Total Income EBITDA1 PBT ₹ 11,062 ₹ 252 Cr. ₹ 89 Cr. ₹ 45 Cr. 5% 11% 3% 29% YoY Growth Operational Drivers Key Highlights for the Quarter • Delivered the highest-ever quarterly Revenue across all
Slide 40: Diversified Revenue Across Segments
Diversified Revenue Across Segments 1 Multiple Revenue Streams (Q1FY27) Room Revenue: • The portfolio achieved ~12% YoY growth in Q1FY27. Other Hospitality, Driven by: 6%6% Lease Rentals, • GHM: 17% (YoY) 5% • Andaz: 9% (YoY) • HRA: 13% (YoY) 2 F&B and MICE Revenue1: ₹ 249.5 Cr • F&B and MICE revenu
Slide 41: Strong RevPAR Momentum Across the Portfolio
Strong RevPAR Momentum Across the Portfolio RevPAR growth of 13% driven by both ARR and occupancy INR Crores 11,062 +14% +5 ppt 10,568 9,667 40
Slide 42: Delivered Healthy RevPAR Growth vs. City and Comp Set
Delivered Healthy RevPAR Growth vs. City and Comp Set YoY Growth in RevPAR (%) ARR Growth of 5% Juniper Comp set Overall ARR grew by 5% YoY: with following hotels outperforming both city markets and respective comp sets Performance vs. Respective Comp Sets • GHM: Stable performance, outperforming th
Slide 43: Q1FY27 - Operational Metrics YoY
Q1FY27 - Operational Metrics YoY Operating EBITDA margins (%) F&B Cost (% of Revenue from Operations) 41% 41% 7.6% 7.9% Q1FY27 Q1FY26 Q1 FY27 Q1 FY26 EBITDA Margin Sustained at ~41%, Reflecting Strong Profitability Continued procurement and operating efficiencies Employee Cost (% of Rev from Ops) HL
Slide 44: Q1FY27 - Consolidated Statement of Profit & Loss
Q1FY27 - Consolidated Statement of Profit & Loss All figures in INR Crores Q1FY27 Q1FY26 YoY var. Revenue from Operations 249.5 220.7 13% 1 Other Income 2.7 6.5 -59% Total Income 252.2 227.3 11% Expenses 163.3 140.9 16% 2 EBITDA 88.9 86.4 3% EBITDA (% of Total income) 35% 38% -3pp 3 Adjusted EBITDA
Slide 45: ESG & Awards
JUNIPER HOTELS ESG & Awards
Slide 46: ESG Initiative
ESG Initiative Community welfare | Social Impact Initiative Renewable Energy | Sustainable Progress Conducted multiple social impact initiatives through NGO Continued expansion of renewable energy usage across the partnerships, food support programs, women’s day portfolio, reinforcing our commitment
Slide 47: Awards and Achievements
Awards and Achievements GHM - Best Business Hotel – West Zone Hyatt Regency Ahmedabad Best Five Star Hotel in Gujarat Sarvatt – Best Regional Fine Dine Restaurant in Gujarat 1. Best Lifestyle Hotal in Tinello – Best Italian Restaurant in Gujarat 2026 Peak Life Gourmet North Zone Awards: Annamaya | C
Slide 48: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Juniper 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 securit
Slide 49: Thank You
Thank You www.juniperhotels.com institutionalir@juniperhotels.com retailir@juniperhotels.com Ms. Payal Dave payal.dave@in.mpms.mufg.com Mr. Parth Patel / Ms. Nidhi Vijaywargia parth.patel@in.mpms.mufg.com nidhi.vijaywargia@in.mpms.mufg.com 48