Juniper Hotels Limited

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400 051 Symbol: JUNIPER BSE Limited, Corporate Relationship Department Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 001 Scrip Code: 544129 Sub.: Result Analysis Dear Sir/ Madam,

₹976

ey Highlights → Q4FY25 & FY25 ❑ Key Highlights of FY25 ➢ Achieved a record consol Total Income of ₹976 Cr for Year, a strong growth of 18% YoY. ➢ Profit before tax of ₹150 Cr; signifying strong operati

18%

Highlights of FY25 ➢ Achieved a record consol Total Income of ₹976 Cr for Year, a strong growth of 18% YoY. ➢ Profit before tax of ₹150 Cr; signifying strong operational performance. ➢ Standard Annui

₹150

ecord consol Total Income of ₹976 Cr for Year, a strong growth of 18% YoY. ➢ Profit before tax of ₹150 Cr; signifying strong operational performance. ➢ Standard Annuity Assets (includes apartment and le

14%

onal performance. ➢ Standard Annuity Assets (includes apartment and lease rentals) revenue grew by 14% YoY. ➢ Completed the acquisition of the 220 keys Bengaluru asset and initiated development of a 11

₹287

y to add ~737 keys in FY27. ▪ Q4FY25 Operating Highlights ➢ Highest-ever total quarterly Revenue: ₹287 Cr (~16% YoY growth) ➢ Robust EBITDA growth: ₹126 Cr (~34% YoY) ➢ Strong recovery in EBITDA margi

16%

737 keys in FY27. ▪ Q4FY25 Operating Highlights ➢ Highest-ever total quarterly Revenue: ₹287 Cr (~16% YoY growth) ➢ Robust EBITDA growth: ₹126 Cr (~34% YoY) ➢ Strong recovery in EBITDA margin to 44%

₹126

lights ➢ Highest-ever total quarterly Revenue: ₹287 Cr (~16% YoY growth) ➢ Robust EBITDA growth: ₹126 Cr (~34% YoY) ➢ Strong recovery in EBITDA margin to 44% from 38% in 4QFY24. 3 Juniper Revenue → S

34%

Highest-ever total quarterly Revenue: ₹287 Cr (~16% YoY growth) ➢ Robust EBITDA growth: ₹126 Cr (~34% YoY) ➢ Strong recovery in EBITDA margin to 44% from 38% in 4QFY24. 3 Juniper Revenue → Segmental

44%

16% YoY growth) ➢ Robust EBITDA growth: ₹126 Cr (~34% YoY) ➢ Strong recovery in EBITDA margin to 44% from 38% in 4QFY24. 3 Juniper Revenue → Segmental View Multiple Revenue Streams (FY25) 1 Room

38%

rowth) ➢ Robust EBITDA growth: ₹126 Cr (~34% YoY) ➢ Strong recovery in EBITDA margin to 44% from 38% in 4QFY24. 3 Juniper Revenue → Segmental View Multiple Revenue Streams (FY25) 1 Room Revenue:

6%

Revenue → Segmental View Multiple Revenue Streams (FY25) 1 Room Revenue: Other Hospitality, 6% Lease Rentals, 4% F&B and MICE, 30% ₹ 944.3 Cr Revenue from Operations Rooms, 49% Serviced

“F&B Revenue also includes F&B revenue from banquet and MICE 2 3 • The portfolio achieved ~16% YoY growth in FY25, despite disruption at GHM for most of the year.”

“• The Grand Showroom revenue (FY25): ₹ ~9 Cr.”

“• Lease revenue rose 16% YoY in FY25, boosted by better rental space utilization in GHM & Andaz, with further growth potential.”

“18% FY25 944.3 31.3 975.6 607.5 368.1 38% 336.7 36% 108.6 109.5 150.0 78.7 71.3 FY24 817.7 8.6 826.3 506.7 319.7 39% 311.0 38% 265.2 91.2 -36.7 -60.5 23.8 YoY var.”

“9 FY25 Balance Sheet INR Crores Particulars Non Current Assets Cash & Bank Balances Cash and Bank Account Fixed Deposits Other Current Assets Total Assets Total Equity Bank Borrowings Other Borrowings Other Non Current Liabilities Other Current Liabilities Total Liabilities As at Mar.”

“Plan to build ~115 Rooms (Luxury segment) Proposed Brand: ALILA (By Hyatt) The Kaziranga National park is a World Heritage Site and is home to two-thirds of the giant one-horned rhinoceroses in the world • Hotel will be situated at a very close proximity to the National Park • The asset construction is expected to commence by FY26/FY27 and to be operational by FY28.”

Room Revenue

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Standard Annuity Asset

1

Note

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The ROFO assets include

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Investor Relations Advisors

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Room Revenue

Other Hospitality, 6% Lease Rentals, 4% F&B and MICE, 30% ₹ 944.3 Cr Revenue from Operations Rooms, 49% Serviced Apartments, 11% Note: 1. F&B Revenue also includes F&B revenue from banquet and MICE 2 3 • The portfolio achieved ~16% YoY growth in FY25, despite disruption at GHM for most of the year. Key drivers: ➢ Andaz: 16% (YoY) ➢ HRL: 14% (YoY) ➢ HRA: 9% (YoY) ➢ GHM: Stabilization in Q4FY25 F&B and MICE Revenue: • F&B and MICE revenue grew by robust 16% YoY to ₹287 Cr. • The Grand Showroom revenue (FY25): ₹ ~9 Cr. • Introduced refurbished, fresh and lively F&B outlets such as Celini, China House, The Grand Club and Juniper Bar driving F&B revenue growth.

Standard Annuity Asset

• Lease revenue rose 16% YoY in FY25, boosted by better rental space utilization in GHM & Andaz, with further growth potential. • Serviced apartments revenue grew 13% YoY, driven by Hyatt Delhi Residences (24%), providing stable long-term revenue. 4 Key Performance Metrics Revenue - Segmental View ARR (₹) Luxury Upper Upscale & upscale Consolidated Occupancy (%) Luxury Upper Upscale & Upscale Consolidated REVPAR (₹) Luxury Upper Upscale & Upscale Consolidated Q4FY25 Q3FY25 Q-o-Q Q4FY24 Y-o-Y FY25 FY24 Y-o-Y 15,486 8,499 12,470 81% 80% 81% 14,772 8,213 11,714 71% 80% 75% 12,584 10,444 6,797 10,063 6,576 8,760 5% 3% 6% 11 pp 0 pp 6 pp 20% 3% 15% 13,550 7,786 11,110 81% 77% 80% 11,024 6,030 8,850 14% 9% 12% 0 pp 3 pp 1 pp 14% 13% 14% 13,606 7,744 10,988 73% 76% 74% 9,909 5,904 8,165 12,093 7,418 10,165 77% 73% 75% 9,312 5,400 7,645 13% 4% 8% -4 pp 3 pp -1 pp 6% 9% 7% Note: 1. CHPL (including its subsidiary CHHPL) was acquired by our Company on September 20, 2023, pursuant to which CHPL be

Note

• Post Adjustment of one-time cost: ➢ IPO Employee cost provision in Q4Y24: 12 Cr ➢ Repair and Maintenance in Q4FY25: 1.9 Cr ➢ Employee Benefit Expenses in Q4FY25: 2.7 Cr ➢ Legal and Professional Expenses in Q4FY25: 0.9 Cr • Adjusted for one time-cost, EBITDA Margin grew strongly to 46% in Q4FY24 Q4FY25 Q4FY25 vs 43% in Q4FY24. % of Total revenues Note – 1. All figures have been rounded off; 2. EBITDA is computed as Total Income less ‘Food and beverages consumed’, ‘Employee benefits expense’ and ‘Other expenses’ On September 20, 2023, the Group had completed the acquisition of 100% equity in Chartered Hotel Private Limited (CHPL) along with its subsidiary Chartered Hampi Hotels Private Limited (CHHPL) (CHPL and its subsidiary together referred as Chartered Group) for a consideration of ` 53,143.28 lakhs paid by way of issue of 28,802,384 shares of the Company. The Chartered Group has three operating hotels namely 1) Hyatt Raipur 2) Hyatt Regency Lucknow and 3) Hyatt Place Hampi. 9 FY25

The ROFO assets include

➢ Hyatt Regency Mumbai ~ 412 Keys + ~18,600 sq. ft MICE area (Currently undergoing deep refurbishment and upgrade, expected to be operational in the next 12 months; located near the Mumbai International Airport) ➢ Hyatt Regency Chennai ~ 325 Keys + ~24,000 sq. ft MICE area (Operational asset, located at Anna Salai, Teynampet, Chennai) Potential acquisitions pose an excellent opportunity for JHL to further expand its presence in the premium hospitality markets of Mumbai and Chennai 14 Shifting Gears towards 2030 Growth in number of keys in the Juniper portfolio 2x ~737 2,852 ~115 2,967 489 1,895 220 2,115 1,406 Strong Visibility 500* 500 Planned Greenfield Developments + Bangalore Expansion & Guwahati Development FY23 CHPL Acquisition + HRA Expansion FY24 Bangalore Asset Acquisition FY25 ROFO FY27 Kaziranga Resort FY28 FY29 Juniper 2.0 → Growth phase → # of Keys to grow by 2x by FY27 15 Appendix 16 Juniper Hotels - An Overview Highest share of Hyatt operated keys in India Existing Footp

Company

www.juniperhotels.com Juniper Hotels Limited www.juniperhotels.com Designated official for assisting and handling investor relations: institutionalir@juniperhotels.com retailir@juniperhotels.com

Investor Relations Advisors

MUFG Intime India Private Limited A part of MUFG Corporate Markets, a division of MUFG Pension & Market Services Ms. Payal Dave payal.dave@in.mpms.mufg.com Mr. Irfan Raeen / Mr. Devansh Dedhia irfan.raeen@in.mpms.mufg.com devansh.dedhia@in.mpms.mufg.com 19