Kamat Hotels (India) Limited , a prominent player in the hospitality sector, has submitted its investor presentation for Q2 and H1 FY26 results to BSE and NSE. The company's financial performance for Q2 reflects challenges in a dynamic market environment, with a decline in revenue and profitability compared to the previous year.

Financial Highlights

• For H1 FY26, the company reported:
  • Operational income: INR 1,578.00 million
  • EBITDA: INR 259.00 million
  • PAT: INR 22.00 million

Company Overview

Kamat Hotels currently operates 24 properties with 2,100 keys across 9 states under 5 brands:

• The Orchid
• IRA by Orchid
• Lotus Resorts
• Fort Jadhav Gadh
• Mahodadhi Palace

Expansion Plans

As part of its KHIL 3.0 strategy, the company has outlined expansion plans:

• 9 new properties with 700 keys in the pipeline
• Aims to expand to 26 properties with 2,500 keys by FY26

Recent Launches

Kamat Hotels has recently launched properties in:

• Panchgani
• Rishivan
• Hyderabad
• Dwarka
• Porvorim

Outlook

The decline in revenue and profitability compared to the same quarter last year indicates challenging market conditions for Kamat Hotels. The compression in EBITDA margin suggests increased operational pressures. However, the company's expansion plans and recent property launches demonstrate a focus on growth and market presence.

Stakeholders will be watching closely to see how Kamat Hotels navigates these challenges in the hospitality sector and implements strategies to improve its financial performance in the coming quarters, while executing its expansion plans.

Kamat Hotels (India) Limited (KHIL) has announced the opening of two new properties under its IRA by Orchid brand, expanding its presence in key pilgrimage and leisure destinations across India. The new additions, located in Dwarka, Gujarat, and Porvorim, Goa, collectively add 93 keys to KHIL's growing portfolio.

New Properties at a Glance

• Banqueting facilities
• Restaurant serving Gujarati, North Indian, and international cuisines | | IRA by Orchid | Porvorim, Goa | 43 | - Multi-cuisine restaurant
• Poolside bar
• Event spaces for weddings and corporate gatherings |

Both properties will operate under management contract models, aligning with KHIL's expansion strategy.

Strategic Expansion

Dr. Vithal Venketesh Kamat, Executive Chairman & Managing Director of KHIL, emphasized the strategic importance of these launches. He stated, "The launch of IRA by Orchid in Dwarka and Goa represents another step forward in our expansion strategy. Dwarka strengthens our presence in India's pilgrimage circuit, while Goa reinforces our footprint in the leisure and tourism segment."

Executive Director Vishal Vithal Kamat added, "These openings bring us closer to our goal of offering Orchid hospitality across India's most iconic destinations."

Property Highlights

IRA by Orchid, Dwarka

• 50 elegantly designed rooms
• Tranquil retreat near Dwarkadhish Temple and Arabian Sea
• Versatile banqueting and event facilities
• Focus on sustainability and freshness in culinary offerings

IRA by Orchid, Porvorim, Goa

• 43 well-appointed rooms blending contemporary design with tropical ambience
• Multi-cuisine restaurant offering local Goan flavors and global delicacies
• Ideal for intimate weddings, celebrations, and small corporate gatherings
• Proximity to popular beaches, nightlife, and cultural attractions

KHIL's Growing Footprint

With these new additions, KHIL now operates over 2,100 keys across various cities in India, including Mumbai, Pune, Nashik, Jamnagar, Bhubaneshwar, Konark, Puri, Shimla, Manali, Goa, Ayodhya, and Noida. The company continues to focus on sustainable growth, community integration, and responsible hospitality in its expansion efforts.

As KHIL strengthens its presence in both the pilgrimage and leisure segments, these new properties are expected to cater to diverse traveler segments while maintaining the brand's commitment to quality, eco-consciousness, and guest satisfaction.