Financial Performance Summary

Q2 FY27 Financial Performance (YoY):

  • Average Room Rate (ARR): INR 11,514 (+9%)
  • Total Income: INR 258 Cr (+10%)
  • EBITDA (including Other Income): INR 91 Cr (+5%)
  • PBT (after exceptional item): INR 49 Cr (+108%)
  • PAT: INR 37 Cr (+121%)

Detailed Financial Highlights (INR Crores):

| Particulars | Q2FY27 | Q2FY26 | YoY var. | H1FY27 | H1FY26 | YoY var. |

| Total Income | 258.1 | 235.0 | 10% | 510.3 | 462.3 | 10% |

| EBITDA (incl. other income) | 91.4 | 87.3 | 5% | 180.3 | 173.7 | 4% |

| EBITDA Margin (%) | 35% | 37% | -2 pp | 35% | 38% | -2 pp |

| Profit before exceptional items and tax | 49.4 | 27.5 | 80% | 94.2 | 62.5 | 51% |

| Profit before Tax | 49.4 | 23.7 | 108% | 94.2 | 41.6 | 127% |

| Profit after Tax | 37.2 | 16.8 | 121% | 70.4 | 25.8 | 173% |

Note: Q2FY26 and H1FY26 reported PBT included exceptional charges of ₹3.8 Cr and ₹20.9 Cr, respectively.

Key Performance Indicators

Q2 FY27 Operational Metrics:

| Key Metrics | Q2 FY27 | Q2 FY26 | Y-o-Y | H1FY27 | H1FY26 | Y-o-Y |

| Consolidated ARR (INR) | 11,514 | 10,599 | +8.6% | 11,287.4 | 10,583.7 | +6.6% |

| Consolidated Occupancy (%) | 74.7% | 72.3% | +2.4 pp | 75.3% | 71.4% | +3.9 pp |

| Consolidated RevPAR (INR) | 8,601 | 7,663 | +12.2% | 8,499 | 7,557 | +12.5% |

Note: Above KPIs exclude Bengaluru asset

Strategic Developments and Expansion

Acquisition:

  • Executed binding MoU to acquire 287-key Novotel Imagicaa for ₹248 Cr
  • Acquisition price translates to ₹86 lakh per key
  • Property located near Mumbai on 11 acres of land parcel
  • Potential for banquet expansion and asset repositioning

New Property Openings:

  • Soft opening of 238-key Westin Bengaluru (Phase I)
  • Marks beginning of new partnership with Marriott International
  • Additional 275 keys under development in Phase II

Future Pipeline:

  • Upcoming Grand Hyatt Hotel in New Delhi
  • Upcoming Grand Hyatt Hotel in Guwahati
  • Target to double both room inventory and EBITDA by FY2030–31

Financial Position and Capital Allocation

Debt and Leverage:

  • Net debt reduced to ₹633 Cr
  • Net Debt/EBITDA ratio at 1.4x
  • Adjusted operating portfolio ROCE at 17%

Company Profile:

  • Operates 1,895 keys (including 245 serviced apartments) across 7 hotels
  • Largest owner of Hyatt affiliated hotels in India
  • Strategic partnership between Saraf group and Hyatt
  • Over four decades of expertise in hotel development
  • Presence in key metro cities, emerging cities, and tourist destinations

Management Commentary

Mr. Arun Kumar Saraf, Chairman and Managing Director, commented:

  • Delivered resilient operating performance with 9% ARR growth and 12% RevPAR increase
  • Performance reflects strength of diversified portfolio and disciplined revenue management
  • Sustained demand across corporate travel, MICE and social events
  • Lower finance costs and depreciation contributed to PAT improvement
  • Building a larger, more diversified and higher profitability hospitality platform
  • Focused on disciplined capital allocation
  • Vision for Juniper 2.0: build scale with discipline, deliver growth with profitability

Additional Information

Company Details:

  • Investor Relations Contact: institutionalir@juniperhotels.com, retailir@juniperhotels.com

Regulatory Reference:

  • Disclosure made under Regulation 30 of SEBI (LODR) Regulations, 2015
  • Board meeting held on November 05, 2026
  • Unaudited standalone and consolidated financial results for quarter and half year ended September 30, 2026