Investor Presentation

July 21, 2026 The Secretary, Listing Department The Manager, Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street Bandra Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai 400 051 Scrip Code: 500850 Scrip Code: INDHOTEL Sub: Analyst / Investor Presentation Dear Madam, Sir, Pursuant to Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith a copy of the Analysts/Investors meet presentation to be made to Analysts/Investors on the Un-audited (Reviewed) Standalone and Consolidated Financial Results of the Company for the quarter ended June 30, 2026 at the IHCL Global Conference Call to be held today. The above information is also being made available on the Company’s website at https://www.ihcltata.com/. This is for your information and records. Yours Sincerely, For The Indian Hotels Company Limited Melisa Alva Senior Vice President & Company Secretary Mem No: A34774 Place: Mumbai DIVERSIFIED BY DESIGN, BUILT TO COMPOUND GLOBAL CONFERENCE CALL Q1FY27 21st July 2026 17th CONSECUTIVE BEST EVER QUARTER CONSISTENT GROWTH IN REVENUES ENTERPRISE REVENUE (₹ Cr) CONSOL REVENUE (₹ Cr) CAGR CAGR 16% 17% Growth Growth 14% 15% 2,419 Strong Momentum 4,100 2,102 Across Enterprise & 3,590 Consolidated Business 2,920 2,770 1,596 1,516 backed by Balanced 2,260 1,293 Business Model & Strong Brandscape Q1FY23 Q1FY24 Q1FY25 Q1FY26 Q1FY27 Q1FY23 Q1FY24 Q1FY25 Q1FY26 Q1FY27 CONVERTING REVENUE TO EBITDA & PAT CONSOL EBITDA (₹ Cr) CONSOL PAT (₹ Cr) CAGR CAGR 17% 20% Growth Growth 18% 21% 753 358 Strong Revenue 248 Growth Converting into Superior Earnings backed by Execution Excellence Q1FY23 Q1FY24 Q1FY25 Q1FY26 Q1FY27 Q1FY23 Q1FY24 Q1FY25 Q1FY26 Q1FY27 GROWING ACROSS ALL HOTEL SEGMENT METRICES CONSOL HOTEL REVENUE (₹ Cr) CONSOL TREVPAR (₹ / Night) CONSOL REVPAR (₹ / Night) CAGR CAGR 9% CAGR Growth Growth 12% Growth 15,800 13,800 8,400 2,119 12,600 12,600 7,300 1,812 6,600 6,700 10,900 1,596 5,700 1,516 1,293 Q1FY23 Q1FY24 Q1FY25 Q1FY26 Q1FY27 Q1FY23 Q1FY24 Q1FY25 Q1FY26 Q1FY27 Q1FY23 Q1FY24 Q1FY25 Q1FY26 Q1FY27 Revenue CAGR higher than TRevPAR CAGR , demonstrating power of IHCL’s Expansion strategy Statistical data for 64 domestic Consol comparable hotels from Q1FY23 to Q1FY27 FINANCIALS FOR THE QUARTER WITH SEGMENT PERFORMANCE Q1 IHCL Consol. EBITDA & OP. EBITDA & PAT & Financials REVENUE OP. REVENUE MARGIN% MARGIN% MARGIN% & Growth YoY ₹ 2,419 Cr ₹ 753 Cr ₹ 2,339 Cr ₹ 673 Cr ₹ 358 Cr CONSOLIDATED ↑ 15% ↑ 18% ↑ 15% ↑ 17% ↑ 21% 31.1% 28.8% 14.8% ₹ 1,298 Cr ₹ 542 Cr ₹ 1,232 Cr ₹ 477 Cr ₹ 337 Cr STANDALONE ↑ 18% ↑ 30% ↑ 18% ↑ 31% ↑ 38% 41.8% 38.7% 26.0% ₹ 2,121 Cr ₹ 691 Cr ₹ 2,045 Cr ₹ 615 Cr Strong Growth HOTEL SEGMENT ↑17% ↑ 21% ↑17% ↑ 21% Momentum continues despite geopolitical impact 32.6% 30.1% ₹ 300 Cr ₹ 62 Cr ₹ 296 Cr ₹ 57 Cr ↑ 3% ↓ 10% ↑ 3% ↓ 13% Performance AIR CATERING impacted by weak air traffic 20.6% 19.5% Resilient Renovated 60+ Hotels to ~ ₹ 250 Cr Domestic Demand Inventory open in FY27 Revenue Limited Supply in to create Upside ( ~800 Leased Keys & from new Acquisitions Key Cities ~4,200 Managed Keys) FY27 CONFIDENT ON DELIVERING DOUBLE DIGIT GROWTH MULTIPLE MICE EVENTS Auspicious BRICS INDIA 2026 VIBRANT GUJARAT GLOBAL AERO INDIA 2027 Wedding Dates in New Delhi | Sep-26 SUMMIT 2027 Bengaluru | Feb-27 remaining 9 months (Multiple meetings in Q2) Gujarat | Jan-27 Q1 Growth Momentum to continue in Q2 QUARTER IN SUMMARY KEY HIGHLIGHTS TEMPORARY HEADWINDS 1 2 3 4 West Asia Conflict Airline STRONG RENOVATED NOT LIKE FOR RECENT Higher Capacity DOMESTIC ASSETS LIKE GROWTH ACQUISITIONS Fuel cost Reduction DEMAND PRICING POWER MOMENTUM PERFORMING DRIVING REVPAR WELL GROWTH Diversified Earning Engines offsetting Localised Headwinds One off Launch & Initial costs ~ ₹ 12 Cr related to New Asset in Frankfurt & New Kitchen in Noida Demand REVPAR GROWTH ACROSS ALL BRANDS STRONG DOMESTIC DEMAND DOMESTIC BY BRAND STANDALONE RevPAR (₹/Night) RevPAR (₹/Night) ↑14% Growth YoY ↑14% Growth YoY ↑14% 12,900 ↑16% Growth YoY Growth YoY 11,800 ↑12% 7,250 7,500 Growth YoY 10,350 2,900 Q1FY26 Q1FY27 Domestic 76% 82% Hotels Occupancy Occupancy Standalone Statistics include Ginger Mumbai Airport in both years on Data for Domestic Consol LFL Hotels comparable basis All data for LFL Hotels – Excluding New hotels opened after 1st April 2025 and assets under major renovation CY & PY Rounded off numbers Key Renovations ASSET MANAGEMENT DRIVING GROWTH 300+ RENOVATED KEYS ROOM REVENUE ROOM REVENUE ROOM REVENUE +32% +45% Growth YoY Growth YoY +24% Growth YoY TOTAL REVENUE TOTAL REVENUE TOTAL REVENUE +24% +42% Growth YoY Growth YoY +9% Growth YoY 15 KEYS Completed Oct-25 ROOM REVENUE ROOM REVENUE +28% +24% Growth YoY Driving Pricing Power in Key Cities Growth YoY Momentum Continuing in Q2 TOTAL REVENUE TOTAL REVENUE +25% Growth YoY +40% Growth YoY Q1FY27 Performance Opened in Mar-26 100 NEW KEYS AT Not Like for Like Growth TAJ GANGES VARANASI Q1 Turnover ₹ 30 Cr Growth YoY EBITDA MARGIN New Tower PBT Positive from 1st Quarter Above data is for Taj Ganges, Varanasi (230 keys post Expansion) Opened in Jun-26 New Openings (Leased Property on Balance Sheet) TAJ HESSISCHER HOF, FRANKFURT (126 KEYS) Leased Portfolio INDUSTRY LEADING PORTFOLIO CONTINUED MOMENTUM OF SIGNINGS & OPENINGS 20 11 Signings Openings 150 4 2 22 56 55 54 262 41 382 No of Hotels/Properties (Operating + Pipeline) Operational Hotels 263+ Pipeline Hotels Indias Largest Hospitality Network with a portfolio of 645+ Hotels & 382 ama Bungalows #005392 #002A49 FULL SERVICE BUSINESS SELECT SERVICE BUSINESS (CORE BRANDS) (GROWTH BRANDS) ‘TAJ’ Reaches a milestone of 150 Hotels Portfolio Pipeline LONG-TERM GROWTH UNDERPINNED BY STRONG DEVELOPMENT PIPELINE 263 HOTELS ~32,500 KEYS PIPELINE BY BRAND PIPELINE BY CONTRACT TYPE Managed 26,000 Keys 30% share of 28% PIPELINE PIPELINE Growth Brands 32,500+ Capital Light Lease* 32,500+ 4,300 keys 13% KEYS KEYS 10% 21% Owned / Leased 2,200 Keys) *Capital Light Lease means Revenue share leases where the capex is spent by Lessor and IHCL retains P&L net of Revenue share lease payments Not Like for Like Fee Growth MANAGEMENT FEE GROWTH BACKED BY NEW OPENINGS MOMENTUM MANAGEMENT FEE NET UNIT GROWTH (IHCL Consol) No. of Managed Hotel Rooms ₹/ Crs 15,500 13,400 Full Service 4,700 Select Service 1,500 Q1FY26 Q1FY27 Jun'25 Jun'26 Management fee growth expected to continue at high teens CAGR with strong Not Like for Like growth # Management Fee includes Brand fee for Branded Residences Projects Net Unit Growth denotes operational Inventory, Select service business includes keys for Ginger & Tree of Life Strong Not Like for Like Growth GROWTH BRANDS ACCELERATED EXPANSION, HIGH GROWTH ₹ 183 Cr Operating 260+ Operating 165+ Hotels Consol Hotel Revenue Hotels 20% Growth YoY Hotels Midscale Segment Leadership Pipeline 39% Pipeline 95+ Hotels 18 EBITDAR Hotels Hotels Opened (Q1) Operating Ginger Hyderabad, Hotels Signed (Q1) Properties Genome Valley (Leased Hotel Opened in Q1FY27) Pipeline ANK / PRIDE Integration 45+ Addendums Properties Closed Portfolio includes hotels under Brand Conversion discussions Not Like for Like Acquisitions NEW ACQUISITIONS SET FOR MEANINGFUL CONTRIBUTION 11 11 Portfolio of 2 Properties Operational Hotels in Pipeline Brij Sindhudurg (Opening this year) EPnrtoefroprrmisae RReevveennuuee QQ11 EnCtoenrpsorils Re eRveevneuneu Qe 1Q1 11 Cr 42% 19 Cr 19% Growth YoY Growth YoY 4 Leased Hotels to open in FY27cc 4 NLeeaws eWde Hllonteeslss Rtoe soopret nS iignn FeYd2 i7nc c 4 Hotels to open in FY27 Hyderabad (Managed Property) Transaction completed on 21-Apr ’26 Brij Ranthambore Expected to open in 2029 (Opening this year) Revenue contribution to IHCL Consol Revenue for part period is ₹ 8 Cr Render Images WELL POSITIONED TO INVEST FOR GROWTH WITH ₹ 4,400 CR+ CASH ₹ /crores 3 4,439 4,345 (226 [Showing first 8,000 characters — download PDF for full document]