Chalet Hotels Limited

rs,

), Mumbai 400 051. Scrip Code: CHALET Corporate Relationship Department Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai 400 001. Scrip Code: 542399 (Equity) 976529 (Non-Convertible Debenture

₹88.5

ivate Limited 4. As on 7th November 2025; (Mindspace REIT, Chalet Hotels, Shoppers Stop); USD/INR: ₹88.5 3 3 Chalet Hotels Limited – Overview Our Presence New Delhi Uttarakhand (141) Faridabad (158)

12%

owth 3. Value Enhancement Sharp focus on asset management and periodic upgrades to drive returns +12% 5 Year Revenue CAGR +17% 5 Year EBITDA CAGR* 7 Current Cities 10 With Expansion 1. Presence in

17%

Sharp focus on asset management and periodic upgrades to drive returns +12% 5 Year Revenue CAGR +17% 5 Year EBITDA CAGR* 7 Current Cities 10 With Expansion 1. Presence in High-Value Catchment Loca

18.5%

roach’ to Asset Ownership Integrated hotel-commercial assets to drive ecosystem-led value creation 18.5% Return on Capital Employed# 307 keys Addition in last 12 months+ 3. ‘Double Engine’ Model De-risk

10.1%

Strong Macro Environment India’s nominal GDP to surge to US$6.8 trillion by FY30, reflecting a 10.1% CAGR from FY251 Favourable demand – supply dynamics Strong Government Initiatives Pan-India

11.6%

demand – supply dynamics Strong Government Initiatives Pan-India demand expected to grow by 11.6% over a period of 2022-27, with a corresponding supply increase of 9.0%. Within the supply front,

9.0%

emand expected to grow by 11.6% over a period of 2022-27, with a corresponding supply increase of 9.0%. Within the supply front, Luxury to grow by 5.3% and Upper-upscale by 7.2%2 Government push on ‘

5.3%

022-27, with a corresponding supply increase of 9.0%. Within the supply front, Luxury to grow by 5.3% and Upper-upscale by 7.2%2 Government push on ‘Make in India’ and ‘Dekho Apna Desh’ with strong f

7.2%

ing supply increase of 9.0%. Within the supply front, Luxury to grow by 5.3% and Upper-upscale by 7.2%2 Government push on ‘Make in India’ and ‘Dekho Apna Desh’ with strong focus on tourism infrastru

60%

Management E-Mobility 67 Corporate Sustainability Assessment Score Placed 6th in the world 60% Renewable Energy Consumption FY25 Wet waste treated through organic waste composters Recycling

100%

y Consumption FY25 Wet waste treated through organic waste composters Recycling of wastewater 100% guest fleet as EVs 100% operational assets have EV charging stations among category of hotels,

“Value Enhancement Sharp focus on asset management and periodic upgrades to drive returns +12% 5 Year Revenue CAGR +17% 5 Year EBITDA CAGR* 7 Current Cities 10 With Expansion 1.”

“100% guest fleet as EVs ‘Chalet Hotels becomes the First Hospitality Brand to Achieve Climate Group’s EV100 Target’ Chalet Hotels commits to achieve Net-Zero Greenhouse gas (GHG) emissions by 2040.”

“MMR Hyderabad Bengaluru Pune /Khandala NCR MMR Hyderabad Bengaluru Pune /Khandala NCR Revenue Mix: Q2 FY26 (%) Revenue Mix: Q2 FY25 (%) 3% 8% 3% 14% 23% 49% MMR Hyderabad Bengaluru Pune/Khandala Uttarakhand NCR 6% 5% 13% 22% 54% Trend of geographic diversification of the portfolio continues.”

“21 Hospitality: Geography wise performance (Q2 & H1 FY26) Portfolio level Q2 FY26 Q2 FY25 YoY% Same Store* YoY% H1 FY26 H1 FY25 1.”

“During the quarter- 117 keys at Athiva Resort & Spa and 84 keys at FPS, Navi Mumbai remained operational *Excludes The Westin Resort & Spa, Himalayas Portfolio expanded by 166 rooms in H1 FY26 (+129 in Bengaluru Marriott Hotel Whitefield; +37 at Athiva Resort & Spa, Khandala).”

“This increase in base impacted occupancies which are expected to stabilize in H2 FY26 22 Hospitality: Segment wise performance (Q2 & H1 FY26) Portfolio level Q2 FY26 Q2 FY25 YoY% Same Store* YoY% H1 FY26 H1 FY25 1.”

“Q2 FY25 1.2 Particulars Sahar Powai Bengaluru Total Leasable Space (msf) Leased Space (msf) Occupancy (%) 0.5 0.5 100% 0.9 0.6 66% 1.0 0.8 76% 2.4 1.9 77% Leasable Area Leased Area Letter of Intent (LoI) Total leased area has increased by ~50% YoY 26 Residential Project: Performance Highlights (Q2 & H1 FY26) Particulars (msf.) No.”

“Following recent positive developments, the project file has advanced into the approval queue with approvals anticipated over the next few months.”

“Notes on earlier years are part of respective year’s presentations, 34 Consolidated Balance Sheet – 5 Year Trend Particulars (₹ million) FY21 FY22 FY23 FY24 FY25”

Note

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Coming Soon

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Inventory

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Investor Relations Contact

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Coming Soon

Athiva Resort & Spa, Khandala 1. Athiva, Navi Mumbai 2. Athiva Resort & Spa, Aksa Beach, Mumbai 3. Athiva Resort & Spa, Varca, Goa 4. Athiva Resort & Spa, Bambolim, Goa 5. Athiva Resort & Convention Centre, Thiruvananthapuram 6 Hotels 900+ Keys* *Includes keys in pipeline 6 Scalable, Sustainable Model Growth & Expansion Strategy Strategic Location Advantage 1. Returns Focused Asset Expansion Strategic developments and acquisitions focused on maximizing RoCE 2. Growth Pipeline Visibility Tangible pipeline of asset additions ensuring sustained future growth 3. Value Enhancement Sharp focus on asset management and periodic upgrades to drive returns +12% 5 Year Revenue CAGR +17% 5 Year EBITDA CAGR* 7 Current Cities 10 With Expansion 1. Presence in High-Value Catchment Locations Assets located in key metro CBDs and premium leisure destinations 2. ‘Ecosystem Approach’ to Asset Ownership Integrated hotel-commercial assets to drive ecosystem-led value creation 18.5% Return on Capital Employed#

Note

1. MMR: Mumbai Metropolitan Region; NCR: National Capital Region. 2. Others include Hyderabad, Pune/Khandala, Bengaluru, NCR, Uttarakhand 3. During the quarter- 117 keys at Athiva Resort & Spa and 84 keys at FPS, Navi Mumbai remained operational *Excludes The Westin Resort & Spa, Himalayas Portfolio expanded by 166 rooms in H1 FY26 (+129 in Bengaluru Marriott Hotel Whitefield; +37 at Athiva Resort & Spa, Khandala). This increase in base impacted occupancies which are expected to stabilize in H2 FY26 22 Hospitality: Segment wise performance (Q2 & H1 FY26) Portfolio level Q2 FY26 Q2 FY25 YoY% Same Store* YoY% H1 FY26 H1 FY25 1. Average Daily Rate (₹) a. Business Hotels b. Resorts Combined Portfolio 2. Occupancy (%) a. Business Hotels b. Resorts Combined Portfolio 3. RevPAR (₹) a. Business Hotels b. Resorts Combined Portfolio 12,035 14,217 12,170 71.6% 32.6% 66.7% 8,619 4,639 8,115 10,439 12,453 10,513 75.6% 44.3% 73.6% 7,887 5,517 7,742 15.3% 14.2% 15.8% -3.9 pp -11.7 pp -7.0 pp 9.3% -15

Note

• Business Hotels include JW Marriott Mumbai Sahar; The Westin Mumbai Powai Lake; Lakeside Chalet, Mumbai - Marriott Executive Apartments; Four Points By Sheraton Navi Mumbai; Novotel Pune Nagar Road; The Westin Hyderabad Mindspace; The Westin Hyderabad HITEC City; Bengaluru Marriott Hotel Whitefield • Resorts include Athiva Resort & Spa, Khandala; Courtyard by Marriott Aravali Resort; The Westin Resort & Spa, Himalayas *Excludes The Westin Resort & Spa, Himalayas 10,421 11,969 10,474 74.1% 40.8% 72.1% 7,718 4,888 7,547 23 Consolidated Performance: H1 FY26 Particulars A. Hospitality Business YoY Change (%) B. Commercial Real Estate YoY Change (%) C. Residential Project Revenue (₹ mn) 7,658 16% 1,470 90% 7,213 EBITDA (₹ mn) 3,129 15% 1,215 107% 2,701 EBITDA Margin (%) 40.9% -43 bps 82.7% 697 bps 37.5% Consolidated YoY Change (%) Consolidated (Ex-Residential Project) YoY Change (%) 16,522 120% 9,309 24% 6,778 123% 4,087 31% 41.1% 68 bps 43.9% 238 bps 24 Hospitality: H1 FY26 Performance H

Inventory

Hotels Rooms Capital Employed Investments# Net Worth Net Debt (Excl. Preference Capital & Loan from Promoters) Net Debt to Equity Ratio (x) Cost of Debt (%) Cash Flow from Operations 7 2,554 32,276 1,433 14,329 18,711 1.4 8.0% 602 7 2,554 35,821 3,489 13,410 22,338 1.76 7.5% 622 8 2,634 38,531 5,985 15,415 24,368 1.67 8.8% 4,769 10 3,052 38,368 6,596 18,509 25,086 1.45 8.9% 6,894 # Investments includes Capital expenditure and strategic acquisitions 11 3,193 48,596 11,409 30,457 19,909 0.65 8.4% 9,503 35 Key Projects Taj at Delhi International Airport, NCR CIGNUS Powai® Tower II, MMR Actual Site Image Actual Site Image Actual Site Image 7th Floor Slab in progress Artist Render Image Podium 1 Slab casted Artist Render Image Artist Render Image 36 Chalet Hotels Limited Raheja Towers, 4th Floor, Block G, BKC, Mumbai 400 051