Eih Associated Hotels Limited · NSE:EIHAHOTELS
Eih Associated Hotels — Q4 FY2024 Earnings Presentation
21 slides from Eih Associated Hotels's earnings presentation, Jul 19, 2024
Slide 1: Submission of presentation to investors/analysts
CIN: L92490TN1983PLC009903 Corporate Office: 7, Sham Nath Marg, Delhi-110 054 Telephone: 91-11-2389 0505 Website: www.eihassociatedhotels.in Email: isdho@oberoigroup.com 19th July 2024 The National Stock Exchange of India The BSE Limited Limited Corporate Relationship Dept. Exchange Plaza, 5th Floor
Slide 2: EIH Associated Hotels Limited Investor Presentation: Q4FY24
EIH Associated Hotels Limited Investor Presentation: Q4FY24 1 Classification | External
Slide 3: India Hotel Sector Outlook 2024
India Hotel Sector Classification | External Outlook 2024 ▪ The sector is poised for significant expansion, fueled by ongoing growth in domestic tourism and corporate travel, including the MICE segment ▪ Key growth drivers: ✓ Inbound Tourism ✓ Wedding Market Grandeur ✓ MICE ✓ Sports Tourism ✓ Luxury
Slide 4: Indian Hotel Market – 2023
Classification | External Indian Hotel Market – 2023 ▪ Recovery in MICE and corporate travel segments significantly contributed to the positive trajectory of major commercial markets such as Mumbai and New Delhi ▪ As the Indian hotel sector experiences a revival in average rates, reminiscent of the
Slide 5: RevPAR Growth of Oberoi and Trident Hotels consistently higher than industry
Classification | External RevPAR Growth of Oberoi and Trident Hotels consistently higher than industry 14,000 12,000 10,000 Industry - FY24 8,000 Industry - FY23 Industry - FY20 6,000 EIHA - FY24 EIHA - FY23 4,000 EIHA - FY20 2,000 0 Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar 4 Source: HVS Anar
Slide 6: Operations Q4FY24
Classification | External Operations Q4FY24 Operational Performance Best Performing Q4 in the history of the Company 5
Slide 7: Q4 RevPAR grew 24% Y-o-Y
Classification | External Q4 RevPAR grew 24% Y-o-Y Figures in INR Q4 Q4 Q4 Q4 Q4 Pre-Covid Covid 1st wave Recovery after 1st Covid 2nd Recovery after 2nd Omicron Post-Covid 11,270 wave wave wave wave 24% 10,286 YOY 9,275 9,118 7,351 6,443 5,839 5,571 4,880 4,691 5,537 * 5,134 3,966 3,717 2,893 3,729
Slide 8: Q4 ARR/Occupancy trends by month
Classification | External Q4 ARR/Occupancy trends by month 83% 79% Occupancy 80% 77% FY24 Quarterly Occupancy & ARR 76% FY23 79% 15,000 70% 80% 76% 14,000 14,186 75% 13,000 12,000 70% 12,068 11,000 January February March 10,000 65% 9,000 60% 8,000 7,000 55% ARR ARR 6,000 15,302 50% 5,000 13,855 13,4
Slide 9: Strong Room Revenue Tailwinds across Segments
Classification | External Strong Room Revenue Tailwinds across Segments FY20 FY21 FY22 FY23 FY24 40 Cr 35 Cr 30 Cr Corporate 25 Cr Direct 20 Cr Leisure 15 Cr MICE 10 Cr 5 Cr 0 Cr Q1FY20 Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q2
Slide 10: Growth in Q4 Foreign Room Nights
Classification | External Growth in Q4 Foreign Room Nights % of Foreign to Total Room Nights Foreign Room Nights 30,000 45% Trident 39% 25,000 59% 20,000 74% Oberoi 59% 15,000 73% 10,000 50% 5,000 All Hotels 42% 61% 0 Q4 FY20 Q4 FY23 Q4 FY24 0% 10% 20% 30% 40% 50% 60% 70% 80% Trident Oberoi Q4FY24 Q
Slide 11: Financials Q4FY24
Classification | External Financials Q4FY24 Growth in Financial Performance
Slide 12: Strongest Q4 performance
Classification | External 160 Strongest Q4 performance Strongest Q4 60 Figures in INR Crores Revenue EBITDA PAT 140 136 37 40 26 18 18 18 20 120 14 15 9 11 11 11 111 7 8 7 0 100 (1) 88 88 84 82 -20 80 74 73 69 69 -40 60 61 60 58 54 47 49 -60 40 33 35 31 31 -80 28 26 28 23 22 23 20 20 19 14 -100 7 0
Slide 13: Strong Balance Sheet
Classification | External Strong Balance Sheet Increasing Net Worth 463 397 345 332 319 Bonus Issue * 1:1 Mar 31, 2020 Mar 31, 2021 Mar 31, 2022 Mar 31, 2023 Mar 31, 2024 Dividend for FY24 * Fund Position 193 6 / share 158 *subject to shareholders approval 91 82 59 Mar 31, 2020 Mar 31, 2021 Mar 31,
Slide 14: Financial Statements Q4FY24
Classification | External Financial Statements Q4FY24 13
Slide 15: Performance Highlights – Q4 Profit & Loss
Classification | External Performance Highlights STATEMENT OF PROFIT & LOSS ACCOUNT QTR 4 Figures in Rs Crores rounded to first decimal FY24 FY23 Revenue from Operations 132.5 107.8 Other Income 3.8 2.7 TOTAL INCOME (A) 136.3 110.5 23% Consumption 8.5 7.9 Employee Benefits (excluding third party cos
Slide 16: Performance Highlights – Quarterly Results
Classification | External Performance Highlights Q-o-Q Financial Results for starting from Q2 FY22 to Q4 FY24 Revenue EBITDA PBT (before exceptional items) PAT 38 37 55 54 136 51 49 130 47 30 112111 43 26 35 31 77 70 27 61 61 60 62 23 16 46 14 12 14 10 10 7 7 8 8 6 7 3 3 4 3 Revenue -1 -0 -1 15
Slide 17: Performance Highlights – 12M Profit & Loss
Classification | External Performance Highlights STATEMENT OF PROFIT & LOSS ACCOUNT 12M Figures in Rs Crores rounded to first decimal FY24 FY23 Revenue from Operations 384.8 337.1 Other Income 13.1 7.0 TOTAL INCOME (A) 397.9 344.1 16% Consumption 27.7 27.0 Employee Benefits (excluding third party co
Slide 18: Business Footprint
Classification | External Business Footprint st Period ended 31 March 2024 17
Slide 19: National presence
Classification | External National presence 1. The Oberoi Rajvilas, Jaipur | 71 2 2. The Oberoi Cecil, Shimla | 75 1 3 1 2 4 1. Trident, Agra | 135 2. Trident, Jaipur | 132 3. Trident, Udaipur | 142 869 4. Trident, Bhubaneshwar | 62 5 5. Trident, Chennai | 167 6. Trident, Cochin | 85 6 Total keys in
Slide 20: Upcoming Project
Classification | External Upcoming Project Brand Trident Trident Visakhapatnam Planned 160 125 No of Investment cr Keys Keys March 2027 Target Opening Date 19
Slide 21: Thank You
Classification | External THANK YOU
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