Royal Orchid Hotels Limited submitted a corrigendum to the stock exchanges regarding their Q2 FY27 financial results press release. The revision involves the removal of the "Strategic Market Expansion" section on Page 2 of the original press release (Page 3 of the submitted PDF), dated November 13, 2026. All financial figures and other contents remain unchanged despite this revision.
The company reported strong financial performance for Q2 FY27 ending September 30, 2026:
Consolidated Financial Performance (Q2 FY27 vs Q2 FY26):
- Total Income: ₹116.00 crore (vs ₹86.77 crore in Q2 FY26) - 34% growth
- EBITDA: ₹31.66 crore (vs ₹20.79 crore in Q2 FY26)
- PBT (before exceptional items): ₹5.57 crore (vs ₹4.43 crore in Q2 FY26)
- PAT (after exceptional items): ₹14.73 crore (vs ₹4.29 crore in Q2 FY26) - 243% growth
- Earnings Per Share (EPS): ₹5.25 (vs ₹1.56 in Q2 FY26)
Standalone Financial Performance (Q2 FY27 vs Q2 FY26):
- Total Income: ₹58.75 crore (vs ₹49.64 crore in Q2 FY26)
- EBITDA: ₹12.28 crore (vs ₹12.84 crore in Q2 FY26)
- PBT (before exceptional items): ₹4.97 crore (vs ₹5.15 crore in Q2 FY26)
- PAT (after exceptional items): ₹12.46 crore (vs ₹3.87 crore in Q2 FY26)
- Earnings Per Share (EPS): ₹4.54 (vs ₹1.41 in Q2 FY26)
Operational and Strategic Highlights:
The company expanded significantly during Q2 FY27 with 5 new hotel openings adding 426 room keys to its portfolio. This brings their total portfolio to 127+ hotels across India. The expansion focused on key business and leisure destinations, including NCR and Mumbai regions.
The company continues to pursue an asset-light expansion strategy, enabling sustainable portfolio growth. They maintain a robust development pipeline of 50+ upcoming properties with plans to add over 1,800 keys over the next 6 to 9 months, which would take their overall portfolio to more than 11,000 rooms.
Management Commentary:
Mr. Chander K. Baljee, Chairman and Managing Director, commented on the expansion achievements, highlighting the strength of their asset-light business model and the continued confidence of their partners. He emphasized the company's focus on delivering sustainable growth and creating long-term value for stakeholders, noting significant opportunities in India's hospitality sector across both business and leisure travel segments.
The revised press release is available on the company's website at www.royalorchidhotels.com.