Jungle Camps India Limited has published the transcript of its earnings conference call for the quarter ended June 30, 2026. The discussion covered the company’s unaudited financial results for Q1FY27 and its expansion strategy.
The conference call was held on Tuesday, August 18, 2026. Jungle Camps disclosed the transcript pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015. The disclosure was issued by Surbhi, Company Secretary and Compliance Officer, to the Listing Operation Department at BSE Limited.
Financial Performance
Jungle Camps reported a 12% year-on-year increase in revenue from operations in Q1FY27, reaching ₹5.97 crore compared to ₹5.35 crore in Q1FY26. Total income rose to ₹6.25 crore from ₹5.70 crore in the previous year. Other income declined to ₹0.28 crore from ₹0.35 crore.
Despite the top-line growth, profitability contracted due to higher operating expenses and exceptional items. EBITDA fell to ₹1.69 crore (margin of 27%) from ₹1.81 crore (margin of 32%) in Q1FY26. Profit after tax (PAT) dropped significantly to ₹0.47 crore from ₹1.13 crore in the prior year period. The decline was driven by an exceptional expense of ₹0.52 crore related to right-of-use project expenditure for the Parsili project, which was cancelled due to regulatory constraints.
| Metric |
Q1FY27 |
Q1FY26 |
Change |
| Revenue from Operations |
₹5.97 crore |
₹5.35 crore |
+12% |
| Total Income |
₹6.25 crore |
₹5.70 crore |
+9.8% |
| EBITDA |
₹1.69 crore |
₹1.81 crore |
-6.6% |
| EBITDA Margin |
27% |
32% |
-500 bps |
| Profit After Tax |
₹0.47 crore |
₹1.13 crore |
-58.4% |
Operational Metrics
The company recorded a 5% year-on-year growth in Average Daily Rate (ADR), which stood at ₹10,539 in Q1FY27 compared to ₹10,072 in Q1FY26. Occupancy rates improved by 2 percentage points to 45% from 43%. Consequently, Revenue Per Available Room (RevPAR) increased by 9% to ₹4,763 from ₹4,353 in the same quarter last year. Total room nights occupied rose by 5% to 3,907 from 3,736.
Management highlighted that the wildlife safari season typically runs from October to March, with slower activity during April to June due to high temperatures. Parks are generally closed from July to September, though properties remain open with discounted rates.
Expansion and Pipeline
Jungle Camps is actively expanding its portfolio through several key projects:
- Mathura Hotel: A partnership with IHG under the Holiday Inn Express brand, scaled up to 105 rooms. Targeted opening is FY28. The project cost is ₹49 crore, funded partly by IPO proceeds and ₹32 crore debt from HDFC Bank at 8.14% interest.
- Sheopur Fort: A heritage hotel project near Ranthambore. The company plans to develop 35–40 rooms initially out of a total budget of ₹25 crore. Debt financing of ₹17.5 crore is secured from HDFC Bank.
- Devprayag: A 22-room property in Uttarakhand that commenced operations recently. Expected ADR is between ₹5,000 and ₹6,000.
- Palash Kothi: A 20-room managed property in Bandhavgarh under a five-year management agreement. Revenue share is 13%.
- Kukru Jungle Camp: A tented camp in Melghat Tiger Reserve, Maharashtra, planned at a cost of ₹7–7.5 crore. Expected to be operational by late FY28.
What the Numbers Show
While top-line revenue grew 12%, the bottom line was heavily impacted by non-recurring charges. The ₹0.52 crore exceptional expense related to the cancelled Parsili project accounted for more than the entire PAT of ₹0.47 crore. Excluding this one-time cost, the operational profit before tax would have been approximately ₹0.99 crore, indicating that core operational margins remain resilient despite the seasonal slowdown and new property setup costs. Management noted that new properties typically take 4–6 months to stabilize and break even.
Balance Sheet and Debt
The company expects its peak debt to reach around ₹50 crore by FY28 as Mathura and Sheopur projects come online. Both loans carry a two-year moratorium followed by a seven-year repayment period. The initial monthly EMI for both properties combined will be approximately ₹53 lakh (₹6.5 crore annually). Management stated that projected revenues of ₹18–20 crore for Mathura and ₹12 crore for Sheopur should comfortably service the debt obligations.