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,

₹235

Executive Summary→ Q2FY26 ➢ Financial Highlights ▪ Achieved the highest-ever Q2 total income of ₹235 Cr, up ~5% YoY. ▪ Adjusted EBITDA at ₹83 Cr. (28% YoY growth with margin expansion of 600 bps) ▪

5%

mmary→ Q2FY26 ➢ Financial Highlights ▪ Achieved the highest-ever Q2 total income of ₹235 Cr, up ~5% YoY. ▪ Adjusted EBITDA at ₹83 Cr. (28% YoY growth with margin expansion of 600 bps) ▪ Reported P

₹83

hlights ▪ Achieved the highest-ever Q2 total income of ₹235 Cr, up ~5% YoY. ▪ Adjusted EBITDA at ₹83 Cr. (28% YoY growth with margin expansion of 600 bps) ▪ Reported Profit after Tax of ₹ 17 Cr again

28%

▪ Achieved the highest-ever Q2 total income of ₹235 Cr, up ~5% YoY. ▪ Adjusted EBITDA at ₹83 Cr. (28% YoY growth with margin expansion of 600 bps) ▪ Reported Profit after Tax of ₹ 17 Cr against ₹ -28

600 bps

come of ₹235 Cr, up ~5% YoY. ▪ Adjusted EBITDA at ₹83 Cr. (28% YoY growth with margin expansion of 600 bps) ▪ Reported Profit after Tax of ₹ 17 Cr against ₹ -28 Cr in Q2FY25. ➢ Operational Drivers ▪ Str

₹ 17

BITDA at ₹83 Cr. (28% YoY growth with margin expansion of 600 bps) ▪ Reported Profit after Tax of ₹ 17 Cr against ₹ -28 Cr in Q2FY25. ➢ Operational Drivers ▪ Strong ARR growth of 7%: Outperformed city

7%

fit after Tax of ₹ 17 Cr against ₹ -28 Cr in Q2FY25. ➢ Operational Drivers ▪ Strong ARR growth of 7%: Outperformed city growth across key assets. ✓ Increasing contribution from higher ARR segments.

₹ 230.3

Multiple Revenue Streams (Q2FY26) 1 Room Revenue: Other Hospitality, 7% Lease Rentals, 5% ₹ 230.3 Cr Revenue from Operations Rooms, 47% F&B , 31% Serviced Apartments, 11% Notes: 1. F&B Reven

47%

Revenue: Other Hospitality, 7% Lease Rentals, 5% ₹ 230.3 Cr Revenue from Operations Rooms, 47% F&B , 31% Serviced Apartments, 11% Notes: 1. F&B Revenue includes revenue from both banquet a

31%

Other Hospitality, 7% Lease Rentals, 5% ₹ 230.3 Cr Revenue from Operations Rooms, 47% F&B , 31% Serviced Apartments, 11% Notes: 1. F&B Revenue includes revenue from both banquet and MICE. 2.

11%

e Rentals, 5% ₹ 230.3 Cr Revenue from Operations Rooms, 47% F&B , 31% Serviced Apartments, 11% Notes: 1. F&B Revenue includes revenue from both banquet and MICE. 2. Standard Annuity Asset incl

“Domestic Tourist Visit (DTV) is expected to grow to 5.2 billion in 2030 from 2.5 billion in 2024, representing a CAGR of 13.4%.”

“As per the WTTC’s Economic Impact Research, 2024 domestic visitor spending is estimated to grow by 7.9% CAGR over the next 11 years from 2023 onwards till 2034, increasing the domestic visitor spend to approximately INR 33.95 trillion, more than double that of 2023 Provisional data for 2024 indicates that foreign tourist arrivals (FTAs) in India reached 9.66 million This represents a 1.4% increase from the 9.52 million FTAs recorded in 2023.”

“Supply in the hospitality sector in India is expected to grow at a CAGR of 8.5% over FY2024 to FY2028 while demand is expected to grow at a CAGR of 10.4% over the same period, Luxury hotel segment to outperform the broader market on the back of a widening demand and supply gap in the segment.”

“With demand growth continuing to outpace supply, RevPAR is expected to rise by 8-10% Y-o-Y in FY25 and 7-8% in FY26.”

Room Revenue

1

Notes

1

Standard Annuity Asset

1

Positive Influencers

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Limiting Influencers

1

Company

1

Investor Relations Advisors

1

Room Revenue

Other Hospitality, 7% Lease Rentals, 5% ₹ 230.3 Cr Revenue from Operations Rooms, 47% F&B , 31% Serviced Apartments, 11%

Notes

1. F&B Revenue includes revenue from both banquet and MICE. 2. Standard Annuity Asset includes Serviced Apartments and Lease rentals. 2 3 • The portfolio achieved ~12% YoY growth in Q2FY26, driven by robust performance of: ➢ GHM: 12% YoY Growth ➢ Andaz: 12% YoY Growth ➢ HRA: 37% YoY Growth F&B Revenue: • F&B segment delivered steady growth, with revenue rising to ₹70 Cr (2 % YoY) in Q2FY26. • In Q2FY26, events accounted for around 60% of total F&B revenue, contributing ₹ 45 Cr.

Standard Annuity Asset

• Standard Annuity Assets revenue contribution: approx. ₹35 Cr • Strong 18% growth in lease revenue, reflecting enhanced leased asset efficiency. • Leased asset occupancy stands at 87%. 4 Key Performance Metrics Q2FY26 Q1FY26 Q-o-Q Change Q2FY25 Y-o-Y Change H1FY26 H1FY25 Y-o-Y ARR (₹) Luxury Upper Upscale & upscale Consolidated Occupancy (%) Luxury Upper Upscale & Upscale Consolidated REVPAR (₹) Luxury Upper Upscale & Upscale Consolidated Note: Above KPIs exclude Bengaluru asset 13,113 13,088 7,653 10,599 7,470 10,568 69% 76% 72% 9,066 5,845 7,663 69% 73% 71% 9,028 5,428 7,459 0% 2% 0% 0 pp 4 pp 2 pp 0% 8% 3% 12,191 7,095 9,879 69% 74% 71% 8,398 5,266 7,034 8% 8% 7% 0 pp 2 pp 1 pp 8% 11% 9% 13,101 7,564 10,584 69% 75% 71% 9,047 5,638 7,562 11,937 7,074 9,774 70% 72% 71% 8,327 5,126 6,933 10% 7% 8% -1 pp 2 pp 1 pp 9% 10% 9% 5 Financial Performance 6 Consolidated Statement of Profit & Loss All figures in INR Crores Revenue from Operations 1 Other Income Total Income Expenses 2 EBITDA EB

Positive Influencers

Food and beverages consumed Employee benefits expense Other expenses EBITDA 88.5 40% 81.9 35% 72.8 33% 87.3 37% % of Total revenues Q2FY25 Q2FY26 ➢ ARR continue to grow (Healthy 7% growth YoY). ➢ Saving in HLP cost due to increased share of green power and a drop in per-unit rates. ➢ Decreased consumable and R&M expenses — primarily due to one- off costs in the comparative period.

Limiting Influencers

➢ Increase in Employee benefit expenses due to annual increments & additional manning for showroom – which was not operational in Q2FY25. ➢ Rise in Sales and Marketing expenses led by higher travel agent commissions and business promotion expenses. 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’ 9 Revenue Growth & Split - H1FY26 Total Income (H1FY26) Split of Revenue into → Cost & EBITDA (H1FY26) 8% (INR Crores) 8% (INR Crores) 427.7 13.5 26.3 18.2 130.5 48.8 190.4 462.3 11.2 29.4 21.2 139.1 48.0 213.4 Other Income Other Hospitality Lease Rentals F&B, MICE Serviced Apartment Rooms 427.7 33.9 8% 83.6 20% 462.3 35.8 91.4 40% 161.4 169.5 8% 20% 35% Food and beverages consumed Employee benefits expense Other expenses EBITDA 140.6 33% 173.7 38% H1FY25 H1FY26 H1FY25 H1FY26 % of Total revenues Note – 1. All figures have been rounded off; 2. EBITDA is computed as Total Income

Company

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