Byke Hospitality Ltd. · NSE:BYKE

Byke Hospitality — The Byke Hospitality — Q2 FY2016 Earnings Presentation

25 slides from Byke Hospitality's earnings presentation, October 2015

  1. Slide 1: Business Update Q2FY16

    Strictly Confidential! Business Update Q2FY16

  2. Slide 2: Safe Harbour

    Safe Harbour This! presenta,on! and! the! accompanying! slides! (the! “Presenta,on”),! which! have! been! prepared! by! The! Byke! Hospitality! Limited! (the! “Company”),! have! been! prepared! solely! for! informa,on! purposes! and! do! not! cons,tute! any! offer,! recommenda,on! or! invita,on! to!

  3. Slide 3: Content

    Content 1 Key Updates Q2FY16 2 Financial Highlights Q2FY16 3 Company Overview 4 “The Byke” Hotel Portfolio 3

  4. Slide 4: Key Updates of Q2FY16

    Key Updates of Q2FY16 The Byke Old Anchor – South Goa

  5. Slide 5: Thane Property Commenced Operations

    Thane Property Commenced Operations The Byke Suraj Plaza,Thane, started operations in Q2  Property taken on long term lease of 15 years  Has 122 Rooms, 4 Banquet Halls, 3 Conference Rooms,1 Restaurant and 1 Bar Lounge  Targets high density residential population of Thane, Navi Mumbai, nearby loca

  6. Slide 6: Other Key Updates

    Other Key Updates New conference hall in Byke Old Anchor, Goa  Added new conference hall in Byke Old Anchor property in Goa  500 people sitting capacity  Ideal for corporate events (such as seminars, off-sites) and social events (such as destination wedding) Awarded to Promote Vegetarian Hotels i

  7. Slide 7: Total Rooms To Reach ~700 By FY16 End

    Total Rooms To Reach ~700 By FY 16 End No. of rooms & properties 5 6 7 7 8 10 697 74! Shimla & Puri 623! 519! 425! 465! 465! 182! No. of properties FY11! FY12! FY13! FY14! FY15! FY16E*! Shimla and Puri properties on track to come on-stream in FY16  Shimla Property taken on long term lease  Puri Pr

  8. Slide 8: Chartering Business: Further Expansion Of Network

    Chartering Business: Further expansion Of Network “The Byke” Presence No. of Cities 53 54 48 41 32 FY13 FY14 FY15 Q1FY16 Q2FY16 No. of Agents 244 208 219 182 134 Cities FY13 FY14 FY15 Q1FY16 Q2FY16 … expands reach to customers to get the booking across India 8

  9. Slide 9: Financial Highlights Q2FY16

    Financial Highlights Q2FY16 The Byke Grassfield – Jaipur

  10. Slide 10: Income Statement

    Income Statement Rs. Mn Q2 FY16 Q2 FY15 Y-o-Y Growth H1 FY16 H1 FY15 Y-o-Y Growth Hotel Revenue 177 131 35% 523 369 42% Chartering Revenue 277 231 20% 412 306 35% Revenue 454 362 25% 935 674 39% Lease, Chartering and SG&A 260 211 23% 540 393 37% Employee Expense 14 9 49% 25 16 58% Operating and Othe

  11. Slide 11: Balance Sheet

    Balance Sheet Rs. Mn Sept’15 March’15 Rs. Mn Sept’15 March’15 Share Capital 401 401 Net Block + CWIP 874 806 Reserve and Surplus 695 600 Other Non-Current Assets 16 16 Net Worth 1,096 1,001 Long Term Loans and Advance 57 55 Long Term Borrowings 36 38 Total Non current assets 947 877 Deferred Tax Net

  12. Slide 12: Lease Business – Q2FY16 Performance

    Lease Business – Q2FY16 Performance No. of Rooms Occupancy % 51% 623 519 50% Q2FY15 Q2FY16 Q2FY15 Q2FY16 ARR (Rs) Revenue (Rs Mn) 177 131 2,887 2,950 103 66 65 74 Q2FY15 Q2FY16 Q2FY15 Q2FY16 Rooms Food & Beverage/ Others 12

  13. Slide 13: Chartering Business – Q2FY16 Performance

    Chartering Business – Q2FY16 Performance No. of Room Nights Sold Occupancy % 1,12,997 93,810 94% 95% Q2FY15 Q2FY16 Q2FY15 Q2FY16 ARR (Rs) Revenue (Rs Mn) 277 231 2,460 2,452 Q2FY15 Q2FY16 Q2FY15 Q2FY16 13

  14. Slide 14: Company Overview

    Company Overview The Byke Old Anchor – South Goa

  15. Slide 15: The Byke: Asset Light Business Model

    The Byke : Asset Light Business Model … “The Byke” Portfolio Room Chartering  Hotel under brand name “The Byke”  Third-party hotel rooms chartered at strategically identified locations across India  Focus on Domestic Middle Class Leisure Tourism  Asset Light approach to Hospitality Business  8

  16. Slide 16: Key Business Strengths

    Key Business Strengths 1 Domestic Middle Class Leisure tourism set to grow at faster pace 2 Leased Model : low cost & faster rollout of hotel properties 3 Charter Model : Highly scalable with geography & seasons diversification 4 Strong marketing / distribution network of agents 5 Experienced manage

  17. Slide 17: Lease Model

    Lease Model… No. of rooms & properties  Currently present in 5 cities 5 6 7 7 8 10  Expanded no. of rooms by a CAGR of 31% over FY11-16  Focus to grow the Lease portfolio aggressively by leasing distressed 595! properties and turning around quickly 417! 363! 363! 323!  Lease business to grow at

  18. Slide 18: Successfully Turning Around Properties

    Successfully Turning Around Properties…  Lower capital requirement for hotel lease The Byke Old Anchor, Goa ! Leasing low-yield for property owner Before Renovation After Renovation ! Unlocks resources for modernization of properties  Renovation of the property, one of the key success factors ! Re

  19. Slide 19: Consistent Revenue Growth

    Consistent Revenue Growth… Revenue from “The Byke” properties Properties Lease Amount (Major cost) 63% 151% 39% 14% 6% 7% 5% 6% 917 53 806 42 39 580 231 13 FY12 FY13 FY14 FY15 FY12 FY13 FY14 FY15 Total Revenue in Rs. Mn Revenue Growth Lease Cost* in Rs. Mn % of Hotel Revenue … and low fixed cost get

  20. Slide 20: Chartering Business

    Chartering Business Key strengths of model Rooms and Room Nights Sold  Chartering rooms at strategically identified 1,670 2,650 4,200 4,460 locations with partial / full advance payments 3,73,250  Synergistic model increasing occupancy of the 3,45,000 leased properties of “The Byke”  Strong marke

  21. Slide 21: Highly Scalable

    Highly Scalable…. Chartering Revenue Gross Profit* & Margin 2,096 2,131 2,175 2,404 13% 14% 14% 16% 143 897 750 107 429 60 259 35 FY12 FY13 FY14 FY15 FY12 FY13 FY14 FY15 Chartering Revenue in Rs. ARR in Rs. Gross Profit in Rs. Mn Gross Profit Margin … and generates strong margins *Gross Profit calcu

  22. Slide 22: “The Byke” Hotel Portfolio

    “The Byke” Hotel Portfolio The Byke Old Anchor – South Goa

  23. Slide 23: “The Byke” Hotel Portfolio

    “The Byke” Hotel Portfolio The Byke Old Anchor, Goa The Byke Grassfield, Jaipur No. of Rooms 240 No. of Rooms 54 Type Leased Type Leased Facilities 2 Restaurants, 2 Lawns/Banquets, Facilities 3 Restaurants, 3 Lawns/Banquets, 3 Conference Halls 3 Conference Halls The Byke Heritage, Matheran The Byke

  24. Slide 24: “The Byke” Hotel Portfolio

    “The Byke” Hotel Portfolio The Byke Neelkanth, Manali The Byke Hidden Paradise, Goa No. of Rooms 40 No. of Rooms 40 Type Leased Type Leased Facilities 1 Restaurant Facilities 1 Restaurant The Byke Redwood, Matheran The Byke Sunflower, Goa No. of Rooms 25 No. of Rooms 22 Type Leased Type Owned Facili

  25. Slide 25: For further information, please contact

    For further information, please contact: Company : Investor Relations Advisors : The Byke Hospitality Ltd. Stellar IR Advisors Pvt. Ltd. CIN: L67190MH1990PLC056009 CIN: U74900MH2014PTC259212 Swati Gupta Savli Mangle/ Pooja Dokania [email protected] [email protected]/ [email protected]

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