Chalet Hotels Ltd. · NSE:CHALET
Chalet Hotels — Q1 FY26 Earnings Presentation
26 slides from Chalet Hotels's earnings presentation, Jul 31, 2025
Slide 1: Exchange filing cover letter for investor presentation
July 31, 2025 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. Scrip Code: CHALET Scrip Code: 542399 (Equity Shares) 976529 (Non-Co
Slide 2: Investor Presentation Q1 FY26
INVESTOR PRESENTATION Q1 FY26
Slide 3: Safe Harbour
Safe Harbour This release has been prepared by Chalet Hotels Limited (CHL) and the information on which it has been based or derived from sources that we believe to be reliable. Whilst all reasonable care has been taken to ensure the facts stated are accurate and the opinions given are fair and reas
Slide 4: Key Highlights: Q1 FY26
Key Highlights: Q1 FY26 Strong Revenue and Inventory Great Places to Work® Residential Revenue EBITDA Growth Additions Recognition Recognition Commences Consolidated +121 11th 95 +146% Revenue Rooms at Bengaluru Rank in Units handed over at The Vivarea, Great Place To Work® +150% EBITDA Marriott Hot
Slide 5: Consolidated Performance: Q1 FY26
Consolidated Performance: Q1 FY26 Particulars Revenue (₹ mn) EBITDA (₹ mn) EBITDA Margin (%) A. Hospitality Business 3,856 1,608 41.7% Change (%) 18% 20% 50 bps B. Annuity Business 732 608 83.1% Change (%) 106% 130% 870 bps C. Residential Project 4,391 1,628 37.1% Consolidated 9,083 3,711 40.9% Chan
Slide 6: Focused Revenue Build Up
Focused Revenue Build Up +146% YoY Other Income 4,391 104 9,083 Residential Project Annuity Business Hospitality Business (All figures in ₹ million) 4,391 +106% YoY +18% YoY 732 3,856 732 3,691 355 3,856 3,255 Q1FY25 Hospitality Annuity Residential Other Income Q1FY26 5
Slide 7: Driving strong EBITDA performance
Driving strong EBITDA performance Net Overheads* 40.9% Residential Project 1,628 3,711 Annuity Business -134 Hospitality Business (All figures in ₹ million) EBITDA Margin (%) for the period 1,569 40.2% 608 586 1,483 1,608 264 1,550 1,341 Q1FY25 Hospitality Annuity Residential Net Overheads* Q1FY26 *
Slide 8: Hospitality: Q1 FY26 Performance Highlights
Hospitality: Q1 FY26 Performance Highlights Revenue (₹ million) EBITDA (₹ million) EBITDA Margin (%) 1,608 41.7% 3,856 41.2% 3,255 1,341 1,177 1,039 2,002 2,356 Q1FY25 Q1FY26 Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26 Room F&B Others Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26 18% YoY 20% YoY +50 bps YoY 7
Slide 9: Hospitality: Geography wise performance (Q1 FY26)
Hospitality: Geography wise performance (Q1 FY26) Same Store* Portfolio level Q1FY26 Q1FY25 YoY% FY25 YoY% 1. Average Daily Rate (₹) a. MMR 11,588 10,522 10.1% 10.1% 12,032 b. Others 12,818 10,319 24.2% 16.4% 12,163 Combined Portfolio 12,207 10,433 17.0% 13.0% 12,094 2. Occupancy (%) a. MMR 71.9% 78
Slide 10: Hospitality: Geography wise performance (Q1 FY26)
Hospitality: Geography wise performance (Q1 FY26) Average Daily Rate Change YoY (%) Occupancy Change YoY (%) 30% 20% 20% 10% 0% 10% -10% Inventory addition in Bengaluru 0% -20% expected to stabilize over the next few quarters -10% -30% MMR Hyderabad Bengaluru Pune NCR MMR Hyderabad Bengaluru Pune NC
Slide 11: Hospitality: Business segment wise performance (Q1 FY26)
Hospitality: Business segment wise performance (Q1 FY26) Same Store* Portfolio level Q1FY26 Q1FY25 YoY% FY25 YoY% 1. Average Daily Rate (₹) a. Business Hotels 11,778 10,402 13.2% 13.2% 12,032 b. Resorts 17,134 11,372 50.7% 6.6% 12,163 Combined Portfolio 12,207 10,433 17.0% 13.0% 12,094 2. Occupancy
Slide 12: Hospitality: Revenue Mix Q1 FY26
Hospitality: Revenue Mix Q1 FY26 Consolidated Revenue Mix (%) – Q1 FY26 Consolidated Revenue Mix (%) – Q1 FY25 89% 4% 11% 96% Business Hotels Resorts Business Hotels Resorts Note: • Business Hotels include JW Marriott Mumbai Sahar; The Westin Mumbai Powai Lake; Lakeside Chalet, Mumbai - Marriott Exe
Slide 13: Hospitality: Operating Performance
Hospitality: Operating Performance Asset ramp-ups to continue driving efficiencies Total Expenses % of Revenue Utilities % of Revenue 58.8% 58.3% 6.47% 5.50% Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26 Staff to Room Ratio (x) Payroll % of Revenue 0.93 0.97 14.8% 14.9% Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26 12
Slide 14: Rental & Annuity: Performance Highlights
Rental & Annuity: Performance Highlights Particulars Q1FY26 Q1FY25 YoY FY25 Leasing Status: Q1 FY26 vs Q1 FY25 Total Revenue 732 355 106% 1,970 EBITDA 608 264 130% 1,540 EBITDA% 83% 74% 8.7 pp 78% 2.4 Q1 FY26 1.9 2.4 Q1 FY25 CIGNUS Powai® Tower I CIGNUS Whitefield® Complex 1.2 0.9 Mn Sq. ft. 1 Mn Sq
Slide 15: Residential Project: Performance Highlights
Residential Project: Performance Highlights Particulars (msf.) No. of Avg Sale Price Units (₹ psf) Residential (1+2+3) 0.86 321 1 Historical sales 0.29 83 ~7,700 *Insert Actual 2 New Sales (A+B+C) 0.54 224 ~19,900 A FY24 0.29 121 ~18,800 Image B FY25 0.22 90 ~21,200 C Q1FY26 0.03 13 ~21,100 3 Unsold
Slide 16: Consolidated Statement of Profit & Loss
Consolidated Statement of Profit & Loss Q1FY26 YoY Particulars Q1 FY26 Q1 FY25 YoY% Q4 FY25 QoQ% FY25 Ex-Resi Ex-Resi Total Income 9,083 3,691 146% 4,692 27% 5,374 69% 17,541 Total Expenditure 5,373 2,208 143% 2,610 20% 2,805 92% 9,819 EBITDA 3,711 1,483 150% 2,082 37% 2,568 44% 7,722 Margin % 40.9%
Slide 17: Healthy Growth Pipeline
Healthy Growth Pipeline Under construction New Rooms/ Leasable area Location Progress update The Dukes Retreat Phase 1: August ’24 Renovation & Expansion 30 Phase 2: July ’25 Khandala (117 keys currently operational) Phase 3: Q2 FY26 Taj at Delhi International Airport 385-390 rooms New Delhi H1 FY27
Slide 18: Key Projects
Key Projects: Taj at Delhi International Airport, NCR CIGNUS Powai® Tower II, MMR Actual Site Image Actual Site Image Artist Render Image Artist Render Image Artist Render Image 17
Slide 19: Our Presence
Our Presence NCR# Uttarakhand (141) Faridabad (158) 11 Hotels MMR# (1,517) Pune (311 )/Khandala (117) Hyderabad (595) 3,351* Keys Goa Bengaluru (512) Thiruvananthapuram *As on 31st July 2025 #NCR: National Capital Region; MMR: Mumbai Metropolitan Region Operational (Keys) In Pipeline Disclaimer: Thi
Slide 20: Leverage Position
Leverage Position Particulars (₹ million) FY21 FY22 FY23 FY24 FY25 Q1 FY26 Allocable to operating assets 23,323 13,572 11,768 11,486 13,109 12,781 Allocable to under-construction/to ~3,700 ~900 ~12,600 ~13,600 ~6,800 ~7,400 be operationalized assets Net Debt 27,023 14,472 24,368 25,086 19,909 20,181
Slide 21: Great Place to Work Recognition
Great Place to Work® Recognition Building Capability. Enabling Wellbeing. Inspiring Growth. ▪ Chalet continues to invest in skilling and re-skilling initiatives, reinforcing our commitment to nurturing talent, in line with our employee-first philosophy. ▪ Chalet fosters a high-performance culture by
Slide 22: Our Sustainability Story
Our Sustainability Story DJSI Score Energy Management Water & Waste Management E-Mobility Corporate Wet waste treated through organic waste composters Sustainability 60% 100% operational assets 67 have EV charging stations Assessment Score Recycling of wastewater 2 properties have 100% fleet Renewab
Slide 23: Climate Change Actions
Climate Change Actions Initiative EP100 (Energy Productivity): RE100 (Renewable Energy): EV100 (Electric Vehicles): Double energy productivity Move to 100% renewable Move entire fleet to EVs for (revenue per unit of electricity energy by 2030 guest transportation by 2025 consumed) by 2028 The Compan
Slide 24: Consolidated Profit & Loss Statement – 5 Year Trend
Consolidated Profit & Loss Statement – 5 Year Trend Particulars (₹ million) FY21 FY22 FY23 FY24 FY25 ADR 4,040 4,576 9,169 10,718 12,094 Occupancy 30% 51% 72% 73% 73% RevPAR 1,214 2,355 6,605 7,776 8,781 Total Income 3,075 5,297 11,780 14,370 17,541 Total Expenditure 2,785 4,093 6,757 8,327 9,818 EB
Slide 25: Consolidated Balance Sheet – 5 Year Trend
Consolidated Balance Sheet – 5 Year Trend Particulars (₹ million) FY21 FY22 FY23 FY24 FY25 Inventory: Hotels 7 7 8 10 11 Rooms 2,554 2,554 2,634 3,052 3,193 Capital Employed 32,276 35,821 38,531 38,368 48,596 Investments# 1,433 3,489 5,985 6,596 11,409 Net Worth 14,329 13,410 15,415 18,509 30,457 Ne
Slide 26: Chalet Hotels Limited
Chalet Hotels Limited Raheja Towers, 4th Floor, Block G, BKC, Mumbai 400 051 Investor Relations Contact: Ruchi Rudra ruchi.rudra@chalethotels.com Abhyjeet Bhansali abhyjeet.Bhansali@chalethotels.com investorrelations@chalethotels.com