The Indian Hotels Company Limited — PPTs, 17-01-2025: Investor Presentation

**Financial Highlights:** IHCL reported a robust performance for the quarter, achieving consolidated revenue of ₹2,592 Cr, marking a year-on-year growth of 29%. EBITDA rose by 32% to ₹1,020 Cr, with an EBITDA margin of 39.4%. Standalone revenue also grew by 15% to ₹1,517 Cr, with PAT increasing 23% to ₹469 Cr.

**Strategic Initiatives and Growth Drivers:** The company has continued its aggressive growth strategy, with 55 new signings and 20 openings in the first nine months of FY25. Notably, the Taj Cochin International Airport has been operationalized, adding significant capacity.

**Business Developments:** Revenue from new businesses, including Ginger, Qmin, and amã, showcased impressive growth, with Ginger's revenue soaring by 45% YoY. This indicates successful integration and expansion of newly acquired properties.

**Market Position and Competitive Advantage:** Demand outpaced supply, particularly in key cities, with concerted efforts to capitalize on the ongoing domestic tourism recovery and the upcoming wedding season.

**Investor Implications:** The company's positive outlook driven by organic revenue growth and strategic expansions suggests potential for sustained profitability. The strong cash conversion rate and liquidity position enhance IHCL's resilience and provide a foundation for future growth initiatives.