Q1FY27 · Standalone

Royal Orchid Hotels reports Rs 2.82 cr standalone profit in Q1FY27

Operating profit was Rs 9.74 cr, while interest and depreciation narrowed profit before tax to Rs 3.75 cr.

By Ashutosh

Filed 01 Sep 2026, 11:44 IST · ROHLTD (ROHLTD)

Key takeaways

  • Royal Orchid Hotels reported standalone net profit of Rs 2.82 cr in Q1FY27, with EPS of Rs 1.03.
  • Standalone operating margin was 18.65%, while interest of Rs 3.09 cr and depreciation of Rs 4.20 cr reduced operating profit to profit before tax of Rs 3.75 cr.
  • Management said JLO Hotels recorded 70.6% occupancy and an ARR of Rs 6,233 in Q1FY27.

Price around the results

Profitability after operating costs

Royal Orchid Hotels reported standalone revenue of Rs 52.22 cr and operating profit of Rs 9.74 cr in Q1FY27. Operating margin stood at 18.65%. Interest of Rs 3.09 cr and depreciation of Rs 4.20 cr brought profit before tax down to Rs 3.75 cr, while net profit was Rs 2.82 cr.

Interest and depreciation shaped reported profit

The gap between operating profit and profit before tax reflects the combined impact of Rs 3.09 cr of interest and Rs 4.20 cr of depreciation. Other income was Rs 1.29 cr, a meaningful contribution relative to profit before tax of Rs 3.75 cr. The reported tax rate was 24.58%.

JLO Hotels posted 70.6% occupancy

Management said JLO Hotels recorded 70.6% occupancy and an ARR of Rs 6,233 in Q1FY27. The presentation also said Iconiqa reached a target annual run-rate of Rs 80-100 cr and was rated the number-one hotel in Mumbai on TripAdvisor within four months of operation.

Management outlined a contract-led expansion plan

Management said it is focusing on management contracts to support high growth. The company also said its vision is to grow to more than 200 hotels, including destination-focused resorts such as one near the Statue of Unity.

Q1FY27 at a glance

Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.

Line itemQ1FY27
Revenue₹52 cr
Other income₹1 cr
Expenses₹42 cr
Operating profit₹10 cr
Operating margin (%)18.65%
Interest₹3 cr
Depreciation₹4 cr
Profit before tax₹4 cr
Tax₹1 cr
Net profit₹3 cr
EPS (₹)₹1.03

How the stock reacted

WindowStockvs NIFTY
Results day-3.40%-2.95%
Next session-4.89%—
5 sessions-5.77%-4.03%
15 sessions-7.98%—
30 sessions-4.16%—

Volume on the results session was 3.71× its 20-day average.

What management said

From the company’s own investor presentation. Each point is checked against the source document before it appears here.

This quarter

  • JLO Hotels reported 70.6% occupancy and an ARR of ₹6,233 in Q1 FY27.

Guidance & outlook

  • Iconiqa has a target annual run-rate of ₹80-100 crore.
  • The company has a vision to grow to more than 200 hotels.

Expansion

  • The company is focusing on management contracts to support high growth.
  • The company cites destination-focused resorts, including one near the Statue of Unity.

Competition

  • Iconiqa was rated the number-one hotel on TripAdvisor in Mumbai within four months of operation.

What to watch

  • Whether standalone operating margin holds above 18.65% in the next quarter.
  • Whether JLO Hotels sustains occupancy near 70.6% and ARR of Rs 6,233.
  • Progress against Iconiqa's management-stated annual run-rate target of Rs 80-100 cr.