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Earnings Call Transcript

Kamat Hotels (India) Earnings Call Transcript: Key Takeaways

Kamat Hotels reported strong Q1FY27 results driven by a 10% revenue increase and 36% EBITDA growth, while aggressive expansion in Tier-2/3 cities continues.

Highlights
Revenue growth10% YoY growth to ₹91 Crore, driven by new Orchid properties.
MarginsEBITDA margins expanded to 27% from 22% YoY.
Demand visibilityStrong domestic tourism and rising business travel in Tier-2/3 cities.
Management confidenceHigh; emphasizing operational efficiency and a successful turnaround journey.

Growth

Revenue rose 10% YoY to ₹91 Cr; EBITDA margins expanded significantly from 22% to 27%.

Outlook

Management aims for 30% EBITDA margins within 2-3 years; 400 keys to be added by FY28.

Risks

Expansion timelines depend heavily on third-party property owners; Tier-2 demand sustainability post-monsoon is unproven.

Last quarter's promises, checked

Delivered

  • Guided 150-200 keys addition → delivered 400 keys target by FY28 (= BEAT)
  • Guided EBITDA improvement from new hotels → delivered 27% margins vs 22% YoY (= BEAT)
  • Guided replacement for IRA Mumbai revenue → delivered 10% YoY growth to ₹91 Cr (= BEAT)

Partly delivered

  • Guided opening IRA Bhavnagar by June → delivered opening of core properties (= PARTIAL)
Source

Earnings Call Transcript filed with BSE, NSE: KAMATHOTEL. Summary written with AI assistance from the document.

Read the document ↗

Kamat Hotels (India) Ltd: key numbers

Share price
₹237.13
Market cap
₹699.1 Cr
Revenue (annual)
₹385.6 Cr
Net profit (annual)
₹34.38 Cr
P/E (TTM)
17.4×Sector 43.7×
Promoter holding
57.78%+0.00% QoQ
FII holding
0.02%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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