The Indian Hotels Company Limited

rs,

imited Corporate Relationship Department 1st Floor, New Trading Ring, Rotunda Building, P. J. Towers, Dalal Street, Fort, Mumbai – 400 001. Scrip Code: 500850 January 31, 2023 National Stock Excha

24%

L PERFORMANCE: Q3 2022-23 Best Ever Q3 22/23 performance across key financial metrics Revenue ↑ 24% EBITDA ↑ 42% EBITDA % ↑ 4.8 pp ₹ 1,744 Cr ₹ 655 Cr 37.6 % PAT ↑ 88% Strong Free Cash Flows N

42%

Q3 2022-23 Best Ever Q3 22/23 performance across key financial metrics Revenue ↑ 24% EBITDA ↑ 42% EBITDA % ↑ 4.8 pp ₹ 1,744 Cr ₹ 655 Cr 37.6 % PAT ↑ 88% Strong Free Cash Flows Net Cash Positi

₹ 1,744

3 22/23 performance across key financial metrics Revenue ↑ 24% EBITDA ↑ 42% EBITDA % ↑ 4.8 pp ₹ 1,744 Cr ₹ 655 Cr 37.6 % PAT ↑ 88% Strong Free Cash Flows Net Cash Positive ₹ 383 Cr ₹ 387 Cr ₹ 738

₹ 655

formance across key financial metrics Revenue ↑ 24% EBITDA ↑ 42% EBITDA % ↑ 4.8 pp ₹ 1,744 Cr ₹ 655 Cr 37.6 % PAT ↑ 88% Strong Free Cash Flows Net Cash Positive ₹ 383 Cr ₹ 387 Cr ₹ 738 Cr# # As

37.6 %

cross key financial metrics Revenue ↑ 24% EBITDA ↑ 42% EBITDA % ↑ 4.8 pp ₹ 1,744 Cr ₹ 655 Cr 37.6 % PAT ↑ 88% Strong Free Cash Flows Net Cash Positive ₹ 383 Cr ₹ 387 Cr ₹ 738 Cr# # As on 31st D

88%

ancial metrics Revenue ↑ 24% EBITDA ↑ 42% EBITDA % ↑ 4.8 pp ₹ 1,744 Cr ₹ 655 Cr 37.6 % PAT ↑ 88% Strong Free Cash Flows Net Cash Positive ₹ 383 Cr ₹ 387 Cr ₹ 738 Cr# # As on 31st December 202

₹ 383

ITDA % ↑ 4.8 pp ₹ 1,744 Cr ₹ 655 Cr 37.6 % PAT ↑ 88% Strong Free Cash Flows Net Cash Positive ₹ 383 Cr ₹ 387 Cr ₹ 738 Cr# # As on 31st December 2022 2 STRONG PERFORMANCE: BEST EVER WITH ROBUST MA

₹ 387

.8 pp ₹ 1,744 Cr ₹ 655 Cr 37.6 % PAT ↑ 88% Strong Free Cash Flows Net Cash Positive ₹ 383 Cr ₹ 387 Cr ₹ 738 Cr# # As on 31st December 2022 2 STRONG PERFORMANCE: BEST EVER WITH ROBUST MARGINS (Q3)

₹ 738

,744 Cr ₹ 655 Cr 37.6 % PAT ↑ 88% Strong Free Cash Flows Net Cash Positive ₹ 383 Cr ₹ 387 Cr ₹ 738 Cr# # As on 31st December 2022 2 STRONG PERFORMANCE: BEST EVER WITH ROBUST MARGINS (Q3) PARTICUL

37.6%

8 EBITDA 655 344 38 462 350 300 280 274 266 247 223 225 194 EBITDA (%) 37.6% 30.4% 6.2% 32.8% 26.2% 24.7% 24.5% 23.1% 21.5% 21.1% 20.8% 21.9% 23.2% PBT PAT 495 109 (148)

30.4%

ITDA 655 344 38 462 350 300 280 274 266 247 223 225 194 EBITDA (%) 37.6% 30.4% 6.2% 32.8% 26.2% 24.7% 24.5% 23.1% 21.5% 21.1% 20.8% 21.9% 23.2% PBT PAT 495 109 (148) 275

“Although we believe the expectations reflected in such forward looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be attained or that results will not materially differ.”

Non-Operating Revenue includes

2

Non-Operating Revenue includes

Gain on Sale of Flats Gain on Sale of a Land Parcel Interest income on Income tax refund Lease Rent Concessions 63 - - - - - - 33 - - Q3 PY 21/22 - (10) - - PY 19/20 (1) - - - (10) (1) - - - 1 30 - - - ACTUAL - (9) 12 - 3 4 33 5 - 9M PY 21/22 6 (14) 7 - (1) - - - 18 PY 19/20 (1) 2 1 62 - - - Q3 & 9M 2022/23 STANDALONE P&L PARTICULARS (₹ CR) Revenue from Operations Non-Operating Revenue Total Revenue Raw Material Cost Employee Benefits Fuel, Power and Light Other Expenditure Total Expenditure EBITDA EBITDA Margin Depreciation and Amortization Expense Finance Costs * Profit Before exceptional Items & Tax Exceptional items Gain/(Loss) Profit/ (Loss) before tax Profit/ (Loss) After Tax Q3 9M ACTUAL 1,062 22 1,083 91 199 45 287 622 461 42.5% 52 32 377 0 377 283 PY 21/22 741 30 771 67 161 42 209 480 291 37.7% 50 93 148 (3) 145 124 PY 19/20 855 36 890 74 185 44 234 538 353 39.6% 51 59 243 (1) 242 168 Var % Vs 19/20 ACTUAL 24% -39% 22% 22% 8% 4% 22% 16% 31% 2.9% + - + + + + 2,573 73 2,646 222

Non-Operating Revenue includes

Gain on Sale of Flats Gain on sale of AMA and Qmin brand Interest income on Income tax refund Lease Rent Concessions 65 - - - - - - - - - (1) - - - (1) 30 - - - 6 (22) (6) - (22) - 10 - 13 (1) (27) - 21 (7) 62 - - - (3) (3) - (5) 4 - 5 - (2) (1) (3) - 10 - - GROWTH IN CHAMBERS Chambers Initiation Fees Renewal Fees Total Income ₹ /crores Q3 FY 23 Q3 FY 22 9M FY 23 9M FY 22 12 10 22 12 10 22 38 33 71 35 27 62 Total No. of Chambers members 2,550+ 2,350+ 2,550+ 2,350+ 66 MANAGED PORTFOLIO AND MANAGEMENT FEE GROWTH 9M FEE SURPASSES FULL YEAR 19/20 & 21/22 MGMT. FEE 9M MANAGEMENT FEE EXCEEDS FY19/20 & FY21/22 276 231 213 Full Year 2019/20 Full Year 2021/22 9M 2022/23 67 MANPOWER / ROOM BY BRAND 2.93 2.30 2.17 1.95 1.95 1.47 1.48 1.25 3.39 3.19 Taj Palaces SeleQtions Vivanta Safari Ginger Apr-20 Dec-22 Manpower Rationalized Through  Redeployments – 554 Associates  Reimagine ways of working - Multiskilling, Cluster Approach, Shared Services 0.48 0.44 68 UPCOMING HOTELS IN FY 22-23 (FEB & MAR