Juniper Hotels Limited · NSE:JUNIPER
Juniper Hotels — Q2 FY27 Earnings Presentation
32 slides from Juniper Hotels's earnings presentation, Nov 5, 2026
Slide 1: Exchange filing cover letter
JHL/SJ/2026/80 November 05, 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.: Inve
Slide 2: Investor Presentation | Q2FY27
Investor Presentation | Q2FY27
Slide 3: Q2FY27 - Executive Summary
Q2FY27 - Executive Summary RevPAR Growth of 12% YoY, with Sustained Operating EBITDA Margins of 40% ARR Total Income EBITDA1 PBT2 PAT3 ₹ 11,514 ₹ 258 Cr. ₹ 91 Cr. ₹ 49 Cr. ₹ 37 Cr. 9% 10% 5% 108% 121% YoY Growth Key Quarterly Highlights: Westin Bengaluru: Soft opening with 100+ operations staff on
Slide 4: H1FY27 - Executive Summary
H1FY27 - Executive Summary Sustained Operating EBITDA Margins of 40%, with PAT Growing 173% YoY ARR Total Income EBITDA1 PBT2 PAT3 ₹ 11,287 ₹ 510 Cr. ₹ 180 Cr. ₹ 94 Cr. ₹ 70 Cr. 7% 10% 4% 127% 173% YoY Growth Operating EBITDA Aim to Double Room Inventory & EBITDA by FY31 INR crores 1,200 1,000 ~20%
Slide 5: The Westin Bengaluru: Soft Opening Marks the Next Phase of Growth
The Westin Bengaluru: Soft Opening Marks the Next Phase of Growth O P E R A TI O NS R E A D IN E SS ~100+ member operations team deployed P R E - O P EN IN G A C TI V IT IE S Trial runs underway Walk-ins post Diwali B O O KIN G M ILE ST O N E Online bookings from 15 December 2026 4
Slide 6: Novotel Imagicaa: Acquisition at an Attractive Cost per Key
Novotel Imagicaa: Acquisition at an Attractive Cost per Key T R A N SA C T IO N T IM E LINE Completion target by December 2026 T R A N SI TI O N IN P R O G RES S Asset management handover underway A c quis i t io n pr ic e w it h C o s t per k ey ₹248 crore (86 lacs per key) 5
Slide 7: RevPAR Momentum Across the Portfolio
RevPAR Momentum Across the Portfolio RevPAR growth of 12% Y-O-Y, driven by both ARR and occupancy +4 ppt +8% CAGR 75% 11,514 71% 72% 10,599 9,879 Q2 FY25 Q2 FY26 Q2 FY27 Q2 FY25 Q2 FY26 Q2 FY27 Occupancy (%) ARR (INR) 6
Slide 8: Diversified Revenue Across Segments
Diversified Revenue Across Segments Multiple Revenue Streams (Q2FY27) 1 Room Revenue: Other Hospitality, • The portfolio achieved ~11% YoY growth in Q2FY27. Lease Rentals, 6%6% Driven by flagship assets: 4% • GHM: 22% (YoY) • Andaz: 10% (YoY) 2 F&B and MICE Revenue1: ₹ 250 Cr. • F&B and MICE revenue
Slide 9: Growth & Expansion Updates
JUNIPER® HOTELS Growth & Expansion Updates
Slide 10: Short To Medium Term Expansion
Short To Medium Term Expansion In advanced stage of discussion to acquire additional 2 Brownfield assets Delivering on commitment ~600 3 Prime Growth Potential for Future Key Potential Keys Strategic Asset Locations Additions Novotel Imagicaa acquisition pursuant to a binding MoU signed in October 2
Slide 11: Novotel Imagicaa | Strategic Brownfield Expansion (1/2)
Novotel Imagicaa | Strategic Brownfield Expansion (1/2) BINDING MOU SIGNED | OCT 2026 287-key leisure hotel near Mumbai Khopoli, Maharashtra | Adjacent to Imagicaa theme park ~11-acre land parcel Established property with hotel and ancillary facilities Expansion potential Banquet expansion and asset
Slide 12: Novotel Imagicaa | Operating Potential & Demand Drivers (2/2)
Novotel Imagicaa | Operating Potential & Demand Drivers (2/2) Unlocking revenue potential through Juniper’s hospitality expertise and banquet expansion CORE DEMAND DRIVERS Diversified sources of hotel demand 01 THEME PARK 02 DESTINATION 03 MICE 04 INDUSTRIAL LEISURE WEDDINGS CATCHMENTS Leisure visit
Slide 13: The Westin Bengaluru (1/2)
The Westin Bengaluru (1/2) A Glimpse of the Westin Experience Actual Image Actual Image Actual Image Actual Image Actual Image Current Status Keys (phase I) Area Acquisition Consideration Walk-ins post Diwali, 238 6.5 Acres with 32,345 Sq. Ft. ₹ 325 Cr1 Online booking in Dec’26 MICE space Note: It e
Slide 14: The Westin Bengaluru (2/2)
The Westin Bengaluru (2/2) Phase I and II investment outlook Investment and Cost Per Key Metric Phase I Phase II Combined Keys 238 275 513 Capex1 (₹ cr.) 450 400 850 Cost per key ₹1.89 cr. ₹1.45 cr. ₹1.65 cr. Phase II cost per key is ~23% lower than Phase I, supporting improved blended capital effic
Slide 15: ROCE: Existing Portfolio
ROCE: Existing Portfolio Adjusted ROCE Highlights the Portfolio's Strong Return Potential 8% 17% +9 percentage ₹ ✓ Reported ROCE Adjusted ROCE points IND AS & fair value adjustments INR crores Reported ROCE Adjusted ROCE Why Adjusted ROCE is Higher? EBIT¹ [X] 289 322¹ Total assets 4,292 4,292 1 Excl
Slide 16: A Clear Path to Doubling the Key Portfolio
A Clear Path to Doubling the Key Portfolio 3,941 277 2x 550 3,008 106 275 238 1,895 287 FY26 Novotel Westin Brownfield Bangalore Commercial FY29 Kaziranga New Delhi Guwahati FY31 Imagicaa Bengaluru Acquisitions Phase 2 Tower GHM1 Short-Term Growth Mid-Term Growth Long-Term Growth Strategic Expansion
Slide 17: Bengaluru Phase II (275 Keys)
Bengaluru Phase II (275 Keys) Actual Image Render Image 275 keys Phase I ROCE: ~18% To be operational by Current Status (250 hotel keys +25 Apartments) Total ROCE: ~20% FY29 Excavation work complete, As Phase II has a lower Basement foundation underway. incremental cost per key 16
Slide 18: Greenfield Luxury Development at Guwahati
Greenfield Luxury Development at Guwahati Unlocking the Land value Actual Image Render Image Current Status Total: 277 keys Land Area ROCE: To be Operational by Architectural DD1 Completed. (263 keys + 14 apartments) 73,000 Sq. ft. ~14% FY31 Structural work tendering underway Note 1 : DD stands for
Slide 19: Luxury Big Box Greenfield Development in New Delhi
Luxury Big Box Greenfield Development in New Delhi Render Image Key Project details Establishing leadership position in License fees No upfront land cost to drive To be Operational by Current Status New Delhi with 1000+ keys Nil during construction period superior project returns FY31 Concept design
Slide 20: Commercial Tower- GHM
Commercial Tower- GHM Render Image Unlocking the Latent Proposed construction Steady annuity income To be Operational by Current Status Opportunity area of ~80,000 Sq. ft through commercial FY29 Concept design approved lease rentals Notes: 1. The said space is within the same land parcel of GHM – Gr
Slide 21: Luxury wildlife resort in Kaziranga National Park
Luxury wildlife resort in Kaziranga National Park The Vision The Progress Location: Kaziranga, Assam Long Leased Land Land Area: To be operational by Current Status First ever 5-star Hotel Asset extendable up to 99 years 4,20,000 Sq. ft. Plan to build FY30 Boundary wall work ~106 Luxury Rooms comple
Slide 22: 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 23: Financial Performance
JUNIPER® HOTELS Financial Performance
Slide 24: Q2FY27 - Consolidated Statement of Profit & Loss
Q2FY27 - Consolidated Statement of Profit & Loss All figures in INR Crores Q2FY27 Q2FY26 YoY var. H1FY27 H1FY26 YoY var. Revenue from Operations 249.5 230.3 8% 499.1 451.1 11% 1 Other Income 8.6 4.7 82% 11.2 11.2 0% Total Income 258.1 235.0 10% 510.3 462.3 10% Expenses 166.7 147.7 13% 330.0 288.6 14
Slide 25: Balance Sheet – 30 September 2026
Balance Sheet – 30 September 2026 INR Crores As at Strong Financial Position Provides Headroom for Future Particulars Sep’ 30, 2026 Mar’31, 2026 Growth Non-Current Assets 3,708 3,750 Capital Work-in-Progress 456 345 • Tax Shield: ~₹1,000 Cr. Total Non-Current Assets 4,164 4,095 • Credit Profile: AA-
Slide 26: Funding for the Next Phase of Growth
Funding for the Next Phase of Growth Capex Requirements Source of Funds ROCE Result Rs. 1930 Cores Existing Portfolio ~3900+ ~ ₹ 1,600 - 1,800 Cr. Adjusted ROCE Total Capex Planned up to Keys by FY31 Internal Surplus up to FY31 FY31 ~17% * Incl. inorganic acquisitions In advanced stage of Not exceed
Slide 27: Company Overview
JUNIPER® HOTELS Company Overview
Slide 28: Creating Landmark Hospitality Real Estate
Creating Landmark Hospitality Real Estate RIGHT LOCATION | RIGHT ASSET | RIGHT BRAND | OPTIMAL RETURNS Strategic asset development and ownership, with brand selection tailored to each property’s location, positioning and return potential. AN ADAPTIVE ASSET-LED VALUE-CREATION MODEL IDENTIFY & ASSESS
Slide 29: 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 30: Owner and Developer of Big Box Luxury Assets
Owner and Developer of Big Box Luxury Assets Grand Hyatt Mumbai Hotel Andaz Delhi Hyatt Delhi Residences Hyatt Regency Ahmedabad Hyatt Regency Lucknow Hyatt Raipur Hyatt Place Hampi and Residences Keys: 401 Apartments: 129 Keys: 270 Keys: 206 Keys: 105 Keys: 119 Keys: 549 | Apartments: 116 Westin Be
Slide 31: 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 32: Thank You
Thank You www.juniperhotels.com institutionalir@juniperhotels.com retailir@juniperhotels.com Mr. Irfan Raeen –AVP Contact No – 977377 8669 irfan.raeen@in.mpms.mufg.com 31