FY 22-23 Standalone Income at 48.67 Cr in Q4 and Consolidated Income at 76.54 Cr in Q4

FY 22-23 Standalone Income at 48.67 Cr in Q4 and Consolidated Income at 76.54 Cr in Q4. New Hotel Launched in FY 22-23.

Royal Orchid Hotels Limited, a rapidly expanding hotel chain catering to both business and leisure travelers with its portfolio of 5-star, 4-star, and resort properties, has announced its financial results for the quarter and period ending on March 31, 2023.

Highlights of Q4 FY 22-23 V/s Q4 FY 21-22 (Standalone)

• Total Income of Rs. 48.67 CR V/s. Rs. 26.57 CR – 83%
• EBIDTA of Rs. 66 CR V/s. Rs. 8.51 CR – 95%
• PAT of Rs. 18 CR V/s. Rs. 2.78 CR – 158%
• EPS of Rs. 62 V/s. EPS of Rs. 1.01 – 159%

Highlights of YE Mar-23  V/s YE Mar-22 (Standalone)

• Total Income of Rs. 176.62 CR V/s. Rs. 88.25 CR – 100%
• EBIDTA of Rs. 61.85 CR V/s. Rs. 23.54 CR – 162%
• PAT of Rs. 28.18 CR V/s. Rs. (0.73) CR – 3960%
• EPS of Rs. 10.27 V/s. EPS of Rs. (0.26) – 4050%

Highlights of Q4 FY 22-23 V/s Q4 FY 21-22 (Consolidated)

• Total Income Rs. 76.54 CR in V/s. Rs 46.95 CR – 63%
• EBIDTA of Rs. 25.80 CR V/s. Rs. 14.24 CR – 81%
• PAT of Rs. 13.12 CR V/s. 31.67 CR – (58%)
• EPS of Rs 4.62 V/s. EPS of Rs. 11.59 – (60%)

Highlights of YE Mar-23  V/s YE Mar-22 (Consolidated)

• Total Income Rs. 279.69 CR in V/s. 155.93 CR – 79%
• EBIDTA of Rs. 98.03 CR V/s. Rs 40.35 CR – 142%
• PAT of Rs. 49.22 CR V/s. 26.78 CR – 83%
• EPS of Rs. 17.15 V/s. EPS of Rs 10.71 – 60%

IND-AS 116 adoption led to notional increase in depreciation and finance cost of Rs. 13.44 CR leading to reduction in PAT of Rs. 2.77 CR and has also impacted the debt equity ratio at standalone level (SA) for FY 2022-23

Management Comment

In reference to the results, Mr. Chander K Baljee, Chairman & Managing Director, expressed, “This year has been significant for us in multiple aspects – commemorating our 50 years in the

Industry, expanding internationally, and sustaining business success. We are dedicated to providing a value-driven luxury

Experience to every Indian through our portfolio of over 90 hotels and 5,442 keys till date. The resurgence of travel affirms our belief in the ever-evolving Indian traveler, whether for leisure or business purposes. Our strategic plan involves expanding the Regenta brand into Tier 2 & 3 cities, exploring smaller cities with promising potential.”