Royal Orchid Hotels Limited · NSE:ROHLTD
Royal Orchid Hotels — Q1 FY2024-25 Earnings Presentation
43 slides from Royal Orchid Hotels's earnings presentation, Aug 17, 2024
Slide 1: Cover letter to stock exchanges: Investors Presentation
Date: August 17, 2024 To, To, The Manager, The Manager, Department of Corporate Services, Department of Corporate Services, Bombay Stock Exchange Limited National Stock Exchange of India Limited, Floor 25, P. J. Towers, Exchange Plaza, Plot no. C/1, G Block Dalal Street, Bandra Kurla Complex, Bandra
Slide 2: Royal Orchid Hotels Ltd. Q1 2024-25
Royal Orchid Hotels Ltd. Q1 2024-25
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 Company Overview 01 Financial Overview 02 Industrial Overview 03 Business Overview 04
Slide 5: Company Overview
Company Overview WHO OUR MANAGEMENT OUR WE ARE? JOURNEY TEAM PRESENCE
Slide 6: 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 7: Our Journey
Our Journey 107+ Hotels First Hotel 19 Hotels Across India & Abroad Hotel Royal Orchid Across India 01 19 107+ 2001 2006-07 2012-13 2018-19 TODAY Corporate HQ 07 Hotels 07 40+ 40+ Hotels Across India
Slide 8: Our Presence
UOC OQunmeresence 107+ | 6395+ | 175+ Hotels & Resorts in Luxury Rooms, Specialty & All day Dining 70+ Locations Villas & Premium Suites Restaurants 45+ Leisure Destinations <j 20+ Wedding % V Destinations é ? 55+ Business @ Destinations
Slide 9: 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-ma
Slide 10: Management
Management M r. A rjun B a ljee Mr. Philip Logan President Chief Ope ra ting Officer (COO) With over 20 years of experience in operation and Over 25+ years exp in Operational Excellence with management of real estate, technology, start-ups, brands like Voyages Indigenous Australia, Sofitel and hospi
Slide 11: Competitive Advantage
Competitive Advantage Balanced portfolio having Strong sales presence Affordable luxury having presence in over 70+ across major source plethora of options for locations and 16 states markets in India modern travelers
Slide 12: Growth In Rooms
Growth In Rooms 2018-19 * 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 9000 8,223 8,223 8000 7000 6,520 6,520 6,478 6000 5,450 5,313 5,010 5000 4,763 4,358 3,980 3,980 4000 3,733 2,988 3000 2000 1,112 1,112 1000 591 591 591 591 591 591 591 574 439 439 439 501 0 Owned / JV Leased Managed / Franchi
Slide 13: Upcoming Hotels
Upcoming Hotels SI No Hotel Name City / Location 1 Regenta Central Tirupati 2 Regenta Inn Tezpur Assam 3 Regenta Inn Raipur 24+ 4 Regenta Inn Gwalior 5 Regenta Resort Pushkar 6 Regenta Place Jaipur 7 Regenta Central Varanasi Hotels 8 Regenta Place / Central Bhadohi 9 Regenta Central Gurgaon Sector 7
Slide 14: Financial Overview
Financial Overview Quarterly & Half Year Consolidated Income Highlights and Financial Margins Statement & Balance Shareholding results Sheet snapshot
Slide 15: Occupancy & ARR
Occupancy & ARR Segment Q1 of FY23-24 Q4 of FY23-24 Q1 of FY24-25 Average Occupancy (JLO) 78% 72% 70% Average Room Rate (JLO) (Rs) 5,227 6,024 5,168 Average Occupancy (Managed) 64% 65% 62% Average Room Rate (Managed) (Rs) 3,941 3,982 3,823
Slide 16: Segment Wise Keys Snapshot
Segment Wise Keys Snapshot Managed / Category Owned Leased JV Total Franchise Portfolio Asset 5 Star 268 - 139 - 407 4 Star 130 396 - 2527 3053 Service Apartment - 67 - 71 138 Resort/Heritage/MICE - 142 54 803 999 3 Star / Budget _ 83 - 1715 1798 Total Keys 398 688 193 5116 6395
Slide 17: Financial Results For Quarter Ending June 2024
₹ In Crore Financial Results For Quarter Ending June 2024 Q1FY23-24 Q4FY23-24 Q1FY24-25 60.00 52.48 49.09 50.00 45.58 40.00 Standalone 30.00 20.00 13.67 15.56 13.62 10.00 6.16 7.72 5.80 5.74 4.66 4.43 - Total Revenue EBITDA PBT PAT Q1FY23-24 Q4FY23-24 Q1FY24-25 100.00 82.30 77.66 80.00 73.72 60.00 C
Slide 18: Standalone & Consolidated Cash Profit
₹ In Crore Standalone & Consolidated Cash Profit For Quarter Ending June 2024 Q1FY23-24 Q4FY23-24 Q1FY24-25 25.00 21.92 20.00 15.49 15.00 14.03 9.87 10.00 8.60 8.37 5.00 - Standalone Consolidated
Slide 19: Revenue Breakup Including Associate
₹ In Crore Revenue Breakup Including Associate For Quarter Ending June 2024 Standalone Consolidated Q1FY23-24 Q4FY23-24 Q1FY24-25 30.00 27.15 26.34 Q1FY23-24 Q4FY23-24 Q1FY24-25 24.41 50.00 25.00 44.74 45.00 39.63 40.95 16.78 40.00 20.00 16.00 15.57 35.00 28.84 27.34 30.00 27.11 15.00 25.00 10.00 20
Slide 20: Consolidated EBITDA Margins & Ratio
₹ In Crore Consolidated EBITDA Margins & Ratio For Quarter Ending June 2024 EBITDA Ratio 40% Net debt to equity Interest coverage 35% 35% 6.00 30% 4.96 30% 27% 5.00 26% 4.12 25% 4.00 3.74 21% 20% 3.00 15% 2.00 1.68 1.30 10% 1.00 0.78 0.64 0.56 0.44 0.44 0.35 5% - FY19-20 FY20-21 FY21-22 FY22-23 FY23
Slide 21: Consolidated Revenue Breakup - Segment Wise
₹ In Crore Consolidated Revenue Breakup Including Associate - Segment Wise For Quarter Ending June 2024 Q1FY23-24 Q4FY23-24 Q1FY24-25 35.00 31.67 30.34 30.00 28.06 27.91 26.71 25.00 20.31 20.99 20.00 16.90 15.00 13.73 10.00 8.99 8.67 6.74 5.00 - Owned Lease / Revenue Share Joint Venture/ Associate M
Slide 22: Source Wise Room Revenue Including Managed Hotels
₹ In Crore Source Wise Room Revenue Including Managed Hotels For Quarter Ending June 2024 In Numbers In % Q1FY23-24 Q4FY23-24 Q1FY24-25 Q1FY23-24 Q4FY23-24 Q1FY24-25 80.00 60.00% 70.00 67.54 50.00% 49.04% 59.31 43.43% 43.22% 60.00 52.81 40.00% 50.00 29.41% 28.64% 39.12 23.82% 23.64% 40.00 35.93 32.2
Slide 23: Segment Wise Room Revenue Including Managed Hotels
₹ In Crore Segment Wise Room Revenue Including Managed Hotels For Quarter Ending June 2024 In Numbers In % Q1FY23-24 Q4FY23-24 Q1FY24-25 Q1FY23-24 Q4FY23-24 Q1FY24-25 90.00 70.00% 79.43 57.67% 80.00 74.39 68.38 60.00% 55.97% 54.47% 70.00 50.00% 60.00 44.17 32.07% 48.92 40.00% 50.00 44.51 36.43% 35.8
Slide 24: City Wise Statistics (Occupancy, ARR, RevPar)
City Wise Statistics (Occupancy % | ARR | RevPar) City Q1FY23-24 Q4FY23-24 Q1FY24-25 Occupancy % 66.61% 68.96% 72.62% Bangalore ARR (Rs) 4,627 4,601 4,615 RevPar (Rs) 3,082 3,173 3,351 Occupancy % 56.19% 85.90% 67.00% Mumbai ARR (Rs) 5,276 5,562 5,445 RevPar (Rs) 2,964 4,778 3,648 Occupancy % 82.78%
Slide 25: Consolidated Cost % on Total Income
Consolidated Cost % on Total Income Rs. In Crore Particulars Q1FY23-24 Q4FY23-24 Q1FY24-25 Raw Material Costs as a % of F&B Revenue F&B Revenue 24.01 25.63 24.63 Guest Break Up Details Raw Material Cost 6.95 7.19 7.18 % of Rev 28.94% 28.05% 29.16% Particulars Q1FY23-24 Q4FY23-24 Q1FY24-25 Domestic G
Slide 26: Consolidated Financial Results With & Without INDAS
Rs. In Crore Consolidated Financial Results With & Without INDAS For Quarter Ending June 2024 With INDAS Without INDAS Particulars QE Jun 23 QE Mar 24 QE Jun 24 QE Jun 23 QE Mar 24 QE Jun 24 Total Income 73.72 82.30 77.66 73.72 82.30 77.66 EBITDA 22.92 23.87 21.29 18.66 19.07 16.23 Depreciation 4.76
Slide 27: Standalone Financial Results With & Without INDAS
Rs. In Crore Standalone Financial Results With & Without INDAS For Quarter Ending June 2024 With INDAS Without INDAS Particulars QE Jun 23 QE Mar 24 QE Jun 24 QE Jun 23 QE Mar 24 QE Jun 24 Total Income 45.58 52.48 49.09 45.58 52.48 49.09 EBITDA 13.67 15.56 13.62 9.78 11.16 8.98 Depreciation 3.71 4.1
Slide 28: Standalone Financials For Quarter Ending June 2024
Rs. In Crore Standalone Financials For Quarter Ending June 2024 Particulars Q1FY24-25 Q4FY23-24 Q1FY23-24 - Room nights 26.34 27.15 24.41 - Food and beverages 15.57 16.78 16.00 - Other services 4.68 4.91 4.20 Income from Operations 46.59 48.85 44.61 Other Income 2.50 3.63 0.97 Total Income 49.09 52.
Slide 29: Consolidated Financials For Quarter Ending June 2024
Rs. In Crore Consolidated Financials For Quarter Ending June 2024 Particulars Q1FY24-25 Q4FY23-24 Q1FY23-24 - Room nights 37.28 38.86 35.70 - Food and beverages 24.63 25.63 24.01 - Other services 11.10 11.71 9.19 Income from Operations 73.01 76.20 68.89 Other Income 4.65 6.09 4.83 Total Income 77.66
Slide 30: Shareholding Pattern as on 30th June 2024
Shareholding Pattern as on 30th June 2024 Promoter Foreign Portfolio Investors Institutional Investors OTHERS 29.15% Promoter 63.66% Foreign Portfolio Investors 6.52% 63.66% Institutional Investors 0.67% 0.67% Others 29.15% 6.52% Total 100%
Slide 31: 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 32: 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 33: 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 34: Business Overview
Business Overview Our Business Structure Our Business Model Our Offerings Competitive Advantage
Slide 35: 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 36: 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 37: Hall of Fame
Se 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 38: 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 Awa
Slide 39: 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 40: Our Wedding Destinations
Our Wedding Complimentary Desti ravenatey ats Honeymoon Package & Bridal Suite Goa + Bangalore Ranthambore « Jaipur Mussoorie * Mahabaleshwar Nagpur + Pushkar Bharatpur * Bhuj Sri Lanka
Slide 41: 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 42: Our Wildlife Destinations
Our Wildlife Destinations Ranthambore Pench National Park Kabini
Slide 43: Contact
CONTACT Royal Orchid Hotels Ltd., KAPTIFY Consulting Mr. Chander K 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.royalorchid
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