Chalet Hotels Limited

rs,

0 051. Scrip Code: CHALET BSE Limited Corporate Relationship Department Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai 400 001. Scrip Code: 542399 Dear Sir/ Madam, Subject: Investor I

84%

opened the skies to scheduled international flights Domestic airline Passenger traffic touched ~84% of pre- pandemic levels in March Sharp upturn of sentiment Reduced COVID cases Government revok

31%

Disaster Management Act Easing of restrictions 2 Leading business recovery in all Key markets 31% 37% 29% 18% 46% 46% 64% 50% Source: HVS Hotels & Hospitality Overview April 2022 & Chalet I

37%

aster Management Act Easing of restrictions 2 Leading business recovery in all Key markets 31% 37% 29% 18% 46% 46% 64% 50% Source: HVS Hotels & Hospitality Overview April 2022 & Chalet Intern

29%

Management Act Easing of restrictions 2 Leading business recovery in all Key markets 31% 37% 29% 18% 46% 46% 64% 50% Source: HVS Hotels & Hospitality Overview April 2022 & Chalet Internal pe

18%

gement Act Easing of restrictions 2 Leading business recovery in all Key markets 31% 37% 29% 18% 46% 46% 64% 50% Source: HVS Hotels & Hospitality Overview April 2022 & Chalet Internal perform

46%

t Act Easing of restrictions 2 Leading business recovery in all Key markets 31% 37% 29% 18% 46% 46% 64% 50% Source: HVS Hotels & Hospitality Overview April 2022 & Chalet Internal performance

64%

ing of restrictions 2 Leading business recovery in all Key markets 31% 37% 29% 18% 46% 46% 64% 50% Source: HVS Hotels & Hospitality Overview April 2022 & Chalet Internal performance Chalet Pr

50%

f restrictions 2 Leading business recovery in all Key markets 31% 37% 29% 18% 46% 46% 64% 50% Source: HVS Hotels & Hospitality Overview April 2022 & Chalet Internal performance Chalet Propert

4%

targeted opening of Q4FY23 4 01 Operational Overview Consolidated performance Q4FY22 Revenue 4% 14% Like-to-like performance (In Rs. Mn) 5006 82% Hospitality Rental / Annuity Others FY22

14%

eted opening of Q4FY23 4 01 Operational Overview Consolidated performance Q4FY22 Revenue 4% 14% Like-to-like performance (In Rs. Mn) 5006 82% Hospitality Rental / Annuity Others FY22 Reven

82%

ew Consolidated performance Q4FY22 Revenue 4% 14% Like-to-like performance (In Rs. Mn) 5006 82% Hospitality Rental / Annuity Others FY22 Revenue 3% 20% 77% Hospitality Rental / Annuity Ot

“3,489 Mn Project expenses ECB Loans Rupee Loan Excluding Preference Share Capital Interest Rate Movement (Rupee Loans) 8.04% 7.52% Mar-21 Mar-22 (In Rs.”

“Earlier completion target pushed due to changes in project specifications and other lockdown related delays 16 Ongoing Projects - Hotel Addition of 88 rooms at Novotel Nagar Road Pune Expected to be completed by Q2FY23 Westin 2 Hyderabad Mindspace project being evaluated with targeted opening of Q4FY23 17 Real-estate development in Bengaluru A luxury residential offering by K Raheja Corp Homes Koramangala is a sought-after residential neighborhood in Bengaluru.”

“4,250 mn estimated cost to completion ❖ Project expected to be completed by FY26 Approval in place from existing customers for revised plans Revised Development Plans (Subject to necessary approvals) Residential Sold Unsold Commercial (lac Sqft) No Of Units 321 83 238 8.5 2.8 5.7 1.5 Demolition of floors in excess of revised plans completed and HAL NOC received.”

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Sahar Commercial

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Subject

Investor I Analyst Presentation in respect of the Audited Financial Results for the quarter and year ended March 31, 2022 Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), we are attaching herewith a copy of the presentation prepared by the Company for the earnings call scheduled to be held on Wednesday, May 11, 2022 at 11.00 a.m. (1ST), in relation to the Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2022, which have been approved by the Board of Directors of the Company at its meeting held today, i.e. on May 10, 2022, in accordance with the provisions of Regulation 33 of the Listing Regulations. We request you to take the above information on record . Thanking You . Yours faithfully, For Chalet Hotels Limited / abelle Baptista C Company Secretary & Compliance Officer Encl.: As above Chalet Hotels Limited Regd. Off. : Rahej

Adjusted for

1. Q4FY22: Income Tax refund and creditors write off Rs. 38 mn, Asset Write off of Rs. 18 mn for 2. commercial re-strategizing FY22: 1. 2. 3. 4. Rs.161 mn received on early termination of contract of a commercial tenant Rebate amounting to Rs. 4.62 mn from a hotel operator SEIS income of Rs. 50 mn Asset Write off for commercial re-strategizing for the same Rs 54 mn 6 Steady ramp-up Quarterly performance Monthly performance (In Rs. Mn) 7000 6000 5000 4000 3000 2000 1000 0 60% 56% 55% 3035 2973 36% 1252 2161 Third Wave 81% 5757 58% 54% 54% 58% 57% 64% 3554 2074 2135 2278 2978 2571 38% 1956 68% 4232 59% 2703 Second Wave 47% 1475 36% 1408 23% 884 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 RevPAR (Rs.) Occupancy % 7 90% 85% 80% 75% 70% 65% 60% 55% 50% 45% 40% 35% 30% 25% 20% 15% 10% 5% 0% Steady ramp-up Hospitality Performance (In Rs. Mn) 312 -145 358 -107 627 20 724 19 462 -99 1420 1,264 367 290 915 138 Q1FY21 Q2FY

Sahar Commercial

• • Erstwhile ‘The Orb’ converted to office space ~50% of 0.12 mn sqft leased out Inorbit Mall Bengaluru • Conversion to commercial office space underway • ~0.3 mn sqft to be ready for leasing by Q3FY23 11 Consolidated Profit / Loss Statement Particulars Total Income Total Expenditure EBITDA from Continuing Operations EBITDA from Discontinued Operations EBITDA Margin % Depreciation and Amortisation Finance costs Exceptional items (Loss)/Profit before income tax Tax Expense (Loss)/Profit for the year Other comprehensive (expense)/income Total Comprehensive Income Q4FY22 Q3FY22 QoQ% Q4FY21 YoY% 1,535 1,166 369 - 369 24% 303 356 -10 -299 -185 -115 2 -113 1,657 1,238 419 -53 367 22% 285 337 -9 -264 -120 -144 0 -144 -7% -6% -12% 100% 1% 6% 6% -12% -13% 20% 989 929 61 -9 51 5% 287 352 -10 -598 -338 -260 -1 55% 26% 509% 100% 621% 6% 1% 1% 56% 22% -260 57% FY22 5,297 4,093 1,204 -65 1,139 21% 1,184 1,444 -45 -720 -815 1 -813 (3.98) FY21 YoY% (In Rs. Mn) 72% 47% 315% -78% 350% 1% -5% -7% 38% 41