Indian Hotels Co Ltd (LSE:IHTD)
$ 1 0 (0%) Market Cap: - Enterprise Value: 1.26 Bil PE Ratio: 78.41 PB Ratio: 10.68 GF Score: 87/100

Q1 2025 Indian Hotels Company Ltd Earnings Call Transcript

Jul 19, 2024 / 01:30PM GMT

Key Points

Positve
  • Indian Hotels Co Ltd (BOM:500850) achieved its ninth consecutive quarter of record performance, with Q1 enterprise revenue crossing INR 3,000 crores, growing 7% year-on-year.
  • The company reported a consolidated revenue growth of 5% year-on-year to INR 1,596 crores, with EBITDA growth of 8% year-on-year to INR 496 crores.
  • EBITDA margin expanded by 70 basis points to 31%, and PAT grew by 12% to INR 248 crores.
  • The company outperformed the industry despite temporary headwinds, maintaining strong brand equity and customer trust.
  • Indian Hotels Co Ltd (BOM:500850) continues to focus on digital initiatives and brand enhancement, launching a new website and benefiting from a loyalty program with 5.5 million members.
Negative
  • The hospitality sector faced multiple headwinds in Q1, including an election period, extreme heat waves, and fewer wedding dates.
  • Occupancy rates in certain markets were impacted, with some regions experiencing lower than expected performance.
  • The company faced challenges in the international market, particularly in San Francisco, which is still lagging behind in performance.
  • There were temporary disruptions in some new properties due to external factors like landslides, affecting occupancy and revenue.
  • The company anticipates potential cost increases in payroll and raw materials as business activity resumes, which could impact margins.
Puneet Chhatwal
Indian Hotels Company Ltd - Chief Executive Officer, Managing Director, Director

(audio in progress) (technical difficulty) We remain focused on delivering superior performance on the back of our strong brand equity and continued industry leadership. Let me take you through what I feel at the stock are 10 remarks that we want to make in this call. Number one, barge was rated was strong.

This hotel brand in India, strongest brand. Very delighted to inform you that been done by the Brand Finance. This is a third time in the last four years side has been rated as World's Strongest hotel brand. And the fourth time is India strongest trend across all sectors.

Therefore, start is truly positioned itself as a crown jewel of India is also running the flag a for Indian hospitality, the global stage. We are extremely grateful to our loyal patrons and dedicated colleagues who have played an integral role in making towards the epidermal, hospitality and luxury. With that, I move on to the second important point.

This is the ninth consecutive quarter of record performance,

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