Royal Orchid Hotel Q2FY18 Research Report By Stewart & Mackertich

Royal Orchid Hotel Limited (ROHL) is the flagship company of the Royal Orchid Group of Hotels. The hotel chain has been in the business since the past 30 years, it comprises 5 and 4 star properties for business and leisure travellers and has an inventory of 3,159 rooms spread across 47 operational properties pan India.

Q2 FY2018: ROHL reports stellar results!

– Royal Orchid reported stellar standalone results in Q2 FY18. Its revenues from operations grew 27% YoY to INR24.72 crores, on the back of increase in occupancy levels (75%) in Q2 FY18.

– Its employee benefit expenses increased 20% YoY on the back of implementation of minimum wage rules.

– Its EBITDA grew 75% YoY to INR4.06 crore, while the EBITDA margin expanded by 447 bps YoY to 16.42%.

– Its interest cost declined 10.60% YoY to INR1.35 crore on the back of re-negotiated interest rates.

– Its PAT increased 66% YoY to INR3.14 crore, while its PAT margin expanded 296 bps YoY to 12.70%.

– The Company declared a strategic partnership with Bespoke Hotels Ltd. Bespoke Hotels manages over 200 properties worldwide, with over 50 represented hotels in India, and stands as the UK’s Largest Independent Hotel Group. This partnership will enable ROHL the ability to offer its guests hundreds of hotel options across multiple global markets.