Royal Orchid Hotels Limited · NSE:ROHLTD
Royal Orchid Hotels — Q3 FY2022 Earnings Presentation
48 slides from Royal Orchid Hotels's earnings presentation, Feb 12, 2022
Slide 1: Stock exchange cover letter: Investors Presentation
Date: February 12, 2022 To, To, The Manager, The Manager, Department of Corporate Services, Department of Corporate Services, Bombay Stock Exchange Limited National Stock Exchange of India Floor 25, P. J. Towers, Limited, Dalal Street, Exchange Plaza, Plot no. C/1, G Block Mumbai – 400 001 Bandra Ku
Slide 2: Royal Orchid Hotels Ltd. Q3 FY 2021
Royal Orchid Hotels Ltd. Q3 FY 2021
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 Company Overview Business Overview Financial Overview
Slide 5: Industry Overview
Industry Overview Industry Outlook Growth Drivers Key Challenges
Slide 6: Industry Outlook
Industry Outlook PROPOSED BRANDED HOTEL ROOMS ACROSS MAJOR CITIES ROHL has properties in Ahmedabad, Bengaluru, Chennai, Gurugram, Goa, and Jaipur 20000 17931 18000 17435 15892 16000 15181 14330 14000 13901 12000 9969 10000 9655 9061 7626 7827 7718 8000 7420 7299 7039 6915 5643 5714 5442 6000 4933 48
Slide 7: Key Growth Drivers
Key Growth Divers • International tourist arrivals in India •Diverse portfolio of with focus on niche expected to reach 30.5 million by 2028. tourism products – cruises, adventure medical, wellness, sports, MICE, eco- tourism, films, rural & religious tourism Robust Attractive Demand Opportunity Boo
Slide 8: Key Industry Challenges
Key Industry Challenges INFRASTRUCTURE FUNDING REGULATORY COMPETITION • Limited land • Increasing cost of debt • Delays in getting • Entry of Travel availability at the approvals and licenses aggregators intensifies desired location • Medium to small size leading to increasing competitive landscape
Slide 9: Company Overview
Company Overview Who we are? Our Journey Management Our Presence Team
Slide 10: Who we are?
Who we are? • Royal Orchid Hotel Ltd (ROHL) was incorporated in 1986 under the name of Universal Resorts Ltd. • Promoted by Mr. Chander K Baljee • ROHL is engaged in business of managing hotels under flagship brands – Royal Orchid, Royal Orchid Central, Royal Orchid Suites, Present in 45 locations R
Slide 11: Our Journey
Our Journey 2007 2004 2006 2001 RO Golden Suites, Pune 2003 Listed on 6th February Hotel Royal Royal Orchid RO Central, Jaipur Royal Orchid Central Bangalore Royal Orchid Resort & Convention Orchid Bangalore Metropole, Mysore RO Brindavan, Mysore Centre, Bangalore Nationwide Sales Offices 2008 2008
Slide 12: Key Management
Key Management Mr. Chander Baljee, Managing Director Royal Orchid Hotels is promoted by Mr. Chander K Baljee, a P.G Graduate from Indian Institute of Management (Ahmedabad) with over 4 decades of experience in the hospitality industry Mr. Amit Jaiswal, Chief Financial Officer Mr. Amit Jaiswal has ov
Slide 13: Our Presence
Our Presence 70+ Hotels & Resorts 4441+ 45 Luxury Rooms Locations Across India
Slide 14: Awards and recognition
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: Business Overview
Business Overview Our Business Our Business Structure Model Competitive Our Offerings Advantage
Slide 16: Our Business Structure
Our Business Structure Royal Orchid Hotels Limited (ROHL) By Business Portfolio By Legal Entity Managed & Owned Leased Subsidiaries Franchised hotels Hotels Companies Hotels
Slide 17: 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 Key factors Break even of No upfront Maintenance Capex Operating profit in requirement of capex required - Minimal just 1 year Facilitates expansion Creates bra
Slide 18: Portfolio
Revenue Model Category FY 2019 FY2020 FY2021 (%) Owned 195 195 195 0% Leased 433 433 433 0% JV 396 396 396 0% Managed / Franchise 2,361 2758 3349 21% Total Keys 3,385 3783 4,441 21% Category Owned Leased JV Managed / Franchise Total 5 Star 195 - 212 - 407 4 Star - 249 130 1802 2181 Service Apartment
Slide 19: Growth in rooms
Growth in rooms 6000 5000 5,259 4,763 4000 3,917 3,980 3,349 3000 2,882 2,988 2,758 2000 1000 591 591 591 591 0% 387 439 433 433 0% 21% 10% 0 Owned Leased Managed TOTAL 2017-18 2018-19 2019-20 2020-21 % Growth + Signed + Signed Hotels Hotels
Slide 20: Property breakup with rooms
Property breakup with rooms No of Keys FY20 Q3 FY20 FY21 Q3 FY21 Management / Franchisee Contracts 98 2,759 157 3417 JV - 396 - 396 Owned (Domestic) - 195 - 195 Owned (Overseas) - - - - Leased - 433 - 433 Total KEYS 98 3,783 157 4,441 Average Occupancy (JLO) 61% 69% 75% 56% Average Room Rate (JLO) (
Slide 21: 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 22: Our Wedding Destinations
Complimentary Honeymoon Package & Bridal Suite Our Wedding Destinations Goa « Bangalore Ranthambore « Jaipur Mussoorie » Mahabaleshwar Nagpur - Pushkar Bharatpur + Bhuj
Slide 23: 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 24: Our Wildlife Destinations
Our Wildlife Destinations Ranthambore Pench National Park Kabini
Slide 25: Hotel Royal Orchid, Bangalore
Hotel Royal Orchid, Bangalore
Slide 26: Royal Orchid Brindavan Garden Palace & Spa, Mysore
Royal Orchid Brindavan Garden Palace & Spa, Mysore
Slide 27: Royal Orchid Resort & Convention Centre, Bangalore
Royal Orchid Resort & Convention Centre, Bangalore
Slide 28: Hotel Royal Orchid, Jaipur
Hotel Royal Orchid, Jaipur
Slide 29: Royal Orchid Central, Hampi, Hospet
Royal Orchid Central, Hampi, Hospet
Slide 30: Regenta Resort, Belagavi
Regenta Resort, Belagavi
Slide 31: Regenta Kabini Springs Resort, Kabini
Regenta Kabini Springs Resort, Kabini
Slide 32: Regenta Resort & Spa Mashobra, Shimla
Regenta Resort & Spa Mashobra, Shimla
Slide 33: Regenta Resort, Vanya Mahal, Ranthambore
Regenta Resort, Vanya Mahal, Ranthambore
Slide 34: Royal Orchid Fort Resort, Mussoorie
Royal Orchid Fort Resort, Mussoorie
Slide 35: Royal Orchid Beach Resort & Spa, Goa
Royal Orchid Beach Resort & Spa, Goa
Slide 36: Regenta Central Antrim, Ahmedabad
Regenta Central Antrim, Ahmedabad
Slide 37: Regenta Inn, Manali
Manali Regenta Inn, Manali
Slide 38: Competitive Advantage
Competitive Advantage Balanced portfolio having presence in over 45 locations and 11 states Strong sales presence across major source markets in India Affordable luxury having plethora of options for modern travellers
Slide 39: Financial Overview
Financial Overview Quarterly & Full Year Highlights and Margins Financial results Consolidated Income Statement Shareholding & Balance Sheet snapshot
Slide 40: Consolidated Quarter and Full Year highlights
Consolidated Quarter and Full Year highlights Total revenues EBITDA PAT 60 55.2 50 40 36.09 31.39 Quarterly 30 19.08 20 8.75 10 5.74 3.97 0.55 0 Q3 FY22 Q2 FY22 Q3 FY21 -10 -4.5 Revenue from operations EBITDA PAT 120 108.98 100 80 53.43 9 Months 60 40 26.12 20 0 -20 9M FY22 -4.88 9M FY21 -40 -8.41 -
Slide 41: Margins
Margins Quarterly Margins 9 Months Margins EBITDA PBT PAT EBITDA PBT PAT 25.00 30.00 26.12 20.00 19.08 20.00 15.00 10.00 10.44 10.00 8.75 - 9M FY22 9M FY21 (0.96) 5.74 (4.88) 5.00 3.97 (10.00) (8.41) 0.55 - (20.00) Q3 FY22 Q2 FY22 Q3 FY21 (0.39) (30.00) (5.00) (29.95) (4.50) (5.13) (35.34) (40.00) (
Slide 42: Standalone Q3 FY21 Financial results
Standalone Q3 FY21 Financial results Particulars (Rs in Crs) Q3FY21-22 Q2FY21-22 Q3FY20-21 Q-o-Q Y-o-Y Income from Operations 28.57 18.64 18.00 53% 59% Other Income 0.72 2.67 1.01 -73% -29% Total Income 29.29 21.31 19.01 37% 54% Cost of Material Consumed 3.35 2.42 2.13 38% 57% Employee Benefits Expe
Slide 43: Sustainable Growth – Yearly Consolidated numbers
Sustainable Growth – Yearly Consolidated numbers EBITDA and EBITDA Margins 60.00 30% TO TAL R E V E N U E S 24% 50.00 22% 25% 250.00 219.04 219.74 20% 21% 48.81 199.83 40.00 45.32 20% 200.00 39.73 30.00 15% 150.00 108.98 20.00 26.12 10% 100.00 88.84 10.00 5% 50.00 - -4% 0% - FY18 FY19 FY20 (3.11) FY
Slide 44: Consolidated FY21 Q3 Statement - Snapshot
Consolidated FY21 Q3 Statement - Snapshot Particulars (Rs in Crs) Q3FY21-22 Q2FY21-22 Q3FY20-21 9M FY21-22 9M FY20-21 Q-o-Q Y-o-Y Income from Operations 52.78 31.85 29.92 98.99 47.84 66% 76% Other Income 2.42 4.24 1.47 9.99 5.59 -43% 65% Total Income 55.20 36.09 31.39 108.98 53.43 53% 76% Cost of Ma
Slide 45: Consolidated FY21 Q3 Assets & Liabilities - Snapshot
Consolidated FY21 Q3 Assets & Liabilities - Snapshot Particulars (Rs in Crs) As dec 2021 FY 2021 FY 2020 Assets Property, plant and equipment 170.80 177.47 236.17 Capital work-in-progress 1.00 0.94 21.47 Goodwill 17.75 17.75 17.75 Right-of-use assets 42.78 47.13 52.92 Other intangible assets 0.13 0.
Slide 46: Shareholding
Shareholding Ratios 0% 5% 27% 68% Mutual Funds 0% Foreign Portfolio Investors 5% Others 27% Promoters 68% Mutual Funds Foreign Portfolio Investors Others Promoters
Slide 47: ROHL Vision
ROHL Vision Our Vision is to operate 100+ profitable and responsible hotels where guests love to stay, dine and celebrate. We wish to create hotels which have a soul, a reflection of our distinctly warm Indian Hospitality. In this journey towards 100 hotels, we will also empower the youth of our cou
Slide 48: Thank You
Thank You
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