Royal Orchid Hotels Limited has informed the Exchange about Transcript
ROHLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Royal Orchid Hotels reported Q1 FY26 consolidated revenue of INR 78.8 crores, up 8% year-on-year, with EBITDA at INR 23.7 crores (up 11%) and PAT before exceptional items at INR 11.2 crores (up 28% from INR 8.7 crores). Room revenue grew 6%, F&B revenue 7%, and other services 24%. ARR for JLO hotels improved 6% to INR 5,488 while occupancy stayed steady at 69%. The company unveiled its Vision 2030 plan to triple hotels from 115 to 345 and grow keys from 9,605 to 22,000, while maintaining 19%+ ROCE. Iconiqa Mumbai (291 keys, soft-launched) is expected to generate INR 65-70 crores in its first 8 months and INR 100 crore annually at 15% margin. Management guided FY27 non-IndAS profit at INR 75 crores and indicated margins will improve meaningfully, with FY26 cash profit around INR 70 crores. Capital allocation split is roughly 40% to growth, 40% to renovations/improvements.
Strong quarter with broad-based growth across rooms, F&B and other services, combined with clear long-term expansion targets (Vision 2030), supports a positive outlook. Margin recovery guidance for FY27 and a robust hotel pipeline (2,577 upcoming keys) could be positive for the stock, though Iconiqa ramp-up execution remains key to watch.