Kamat Hotels (I) Limited — PPTs, 04-12-2024: Investor Presentation

**Financial Highlights:** Kamat Hotels (India) Limited reported operational income of INR 3,043 Mn for FY24, with EBITDA at INR 908 Mn and a margin of 29.84%. For H1 FY25, the operational income was INR 1,591 Mn, reflecting ongoing growth. The company achieved a profit after tax of INR 449 Mn in FY24, showcasing significant recovery from a loss of INR 227 Mn in FY22. The net debt stood at INR 1,725 Mn in FY24 following substantial reductions since FY19.

**Strategic Initiatives and Growth Drivers:** KHIL is progressing with a focused strategy to expand its portfolio, including launching mid-premium hotels under the 'IRA by Orchid' brand and enhancing its presence through upcoming properties in various states. With an aim of achieving a positive net cash status by FY2025, the company plans to increase operational efficiency.

**Business Developments:** KHIL continues to explore new properties and enhance existing ones. Recent updates include the launch of 'IRA by Orchid' on July 1, 2023, and plans for multiple new openings, including hotels in Chandigarh and Hyderabad by 2025.

**Market Position and Competitive Advantage:** KHIL leverages its diverse brand portfolio and strong customer loyalty, with 65% of sales attributed to repeat customers. The company capitalizes on India's growing tourism sector and rising middle-class consumer spending.

**Investor Implications:** With a robust recovery trajectory, emerging properties, and a strategic focus on profitability, Kamat Hotels presents a positive outlook for investors, indicating potential growth in the hospitality market.