Latest news with #Iconica
Yahoo
a day ago
- Business
- Yahoo
Royal Orchid Hotels Ltd (BOM:532699) Q4 2025 Earnings Call Highlights: Strategic Expansion and ...
Revenue (Q4 FY25): ?92.34 crore, up 12% year-on-year. EBITDA (Q4 FY25): ?25.52 crore, up 7% year-on-year. Profit After Tax (Q4 FY25): ?13.15 crore, decline due to lease renewal and deferred tax credit adjustments. Full Year Revenue (FY25): ?343 crore, growth of 10% over the previous year. Full Year EBITDA (FY25): ?96.8 crore, growth of 2% compared to ?95.16 crore in the previous year. Profit Before Tax (FY25): Increased by 5.5% year-on-year. EPS (FY25): ?17.23. Hotel Expansion (FY25): Added 14 hotels with 963 rooms; total 115 hotels with 9,583 keys. Vision 2030: Targeting 345 hotels and 20,000+ keys. Return on Capital Employed (ROCE): Sustained at 25%+. Release Date: June 06, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Royal Orchid Hotels Ltd (BOM:532699) reported a 12% year-on-year increase in Q4 FY25 revenues, reaching INR 92.34 crore. The company successfully launched Iconica, a new upscale lifestyle hotel near Mumbai International Airport, featuring innovative amenities like a dry cleaning and steam iron closet in every room. Royal Orchid Hotels Ltd (BOM:532699) has a clear growth strategy with a vision to expand to 345 hotels and over 20,000 keys by 2030. The company has invested in AI-driven technologies to enhance operational efficiency and customer experience, including AI-based guest chatbots and revenue management systems. The introduction of the Regenta Rewards loyalty program aims to increase repeat business and customer engagement, with nearly half a million members already enrolled. Despite revenue growth, the company's EBITDA only increased by 7%, indicating potential margin pressures. The year-on-year decline in profit before tax was attributed to lease renewal costs and deferred tax credits from previous acquisitions. The company faces challenges in brand recognition, as highlighted by concerns over the unfamiliarity of new brand names like Iconica compared to the established Royal Orchid brand. There are concerns about the costs associated with promoting multiple new brands, which could impact profitability. The company's margins have been volatile over the past few years, with recent investments in hotel upgrades impacting short-term profitability. Q: How does Royal Orchid plan to promote its new brand categories, given that the parent brand is more recognized? A: Arjun Baljee, President, explained that while Royal Orchid is the parent company, the focus is on promoting individual brands like Regenta and Iconica. The strategy is to add value through branding, similar to how Marriott uses its brand hierarchy. The aim is to create distinct identities for each brand to cater to specific market segments. Q: What are the expected financial outcomes from the new Iconica hotel in Mumbai? A: The CFO, Amit Jawal, stated that the Iconica hotel is expected to contribute approximately 100 crores to the top line annually. For the current year, it will contribute for nine months, resulting in about 75 crores. The investment is expected to break even in the first quarter, with the refundable deposit being deducted from the rent over time. Q: Can you elaborate on the growth strategy to achieve the Vision 2030 goals? A: Arjun Baljee outlined the plan to triple the number of hotels to 345 and increase keys to 22,000 by focusing on brand architecture, smart execution, and maintaining a high return on invested capital. The strategy includes expanding the Regenta Z brand and leveraging asset-light models to achieve rapid growth. Q: How will the Regenta Rewards program enhance customer loyalty and repeat business? A: Arjun Baljee mentioned that the Regenta Rewards program, launched six months ago, has nearly half a million registered users with a 14-18% repeat usage rate. The program aims to reduce customer acquisition costs and increase repeat bookings by offering seamless integration across all hotels and allowing points to be redeemed for various services. Q: What is the business model distribution across Royal Orchid's hotel portfolio? A: The CFO, Amit Jawal, detailed that the company operates 3 owned hotels, 5 leased hotels, 5 revenue-share hotels, 75 managed hotels, and 26 franchise hotels. The revenue-share model involves a percentage of the top line as lease payment, while managed and franchise hotels earn fees based on revenue and operating profits. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Elle
16-05-2025
- Entertainment
- Elle
Gucci's Cruise Collection Teases Demna's Vision for the House
Every item on this page was chosen by an ELLE editor. We may earn commission on some of the items you choose to buy. Last night in Florence, within the storied walls of the 15th-century Palazzo Settimanni—home to the Gucci archive—the house's cruise 2026 collection unfolded in a luxurious display of expert color pairings, retro tailoring, and extravagant accessories. The styling was impeccable, delivering look after look destined for the red carpet. Though officially credited to the in-house studio team behind the fall/winter 2025 season, the collection bore unmistakable traces of Demna's aesthetic. From neon pink satin bags to boldly structured shoulders and fuzzy coats worn as minidresses, his influence was both nuanced and undeniable—subtle enough to pass under the radar, yet instantly recognizable to the trained eye. Overall, the collection was wearable and fun, featuring playful yet luxurious pieces like rhinestone stockings adorned with Gucci's classic interlocking Gs—a nod to last season's logo catsuit. A candy-striped bag paired with a matching coat and oversized sunglasses added a dose of drama. Handbags remained a focal point throughout, with models casually clutching chain-strapped styles from the side, adding an air of effortless cool. Making its debut on the runway—and available to shop now—was the Giglio bag: an oversized tote cleverly styled as a fold-over clutch. Jewelry lovers were treated to a landmark debut: the first-ever Monili high jewelry collection co-created by Pomellato and Gucci, unveiled on the runway alongside the Demna-esque looks. These one-of-a-kind pieces combined Gucci's leather craftsmanship with the jeweler's signature Iconica link, culminating in a design entirely encrusted in diamonds and centered around a nearly 20-carat green tourmaline. As the show came to a close, models made their way out to the Piazza, where trattoria diners looked on over their aperitivi, momentarily blurring the line between runway and real life. In reflection, the jewelry felt like the perfect finishing touch to the collection's delicate silk chiffons, intricate lace, and sequin-strewn eveningwear. While hinting at what may lie ahead in Demna's highly anticipated fall debut, this collection served as a thoughtful homage to Gucci's rich design legacy. Spanning decades of house codes—from the provocative glamour of Tom Ford to the eclectic maximalism of Alessandro Michele—it showcased the brand's rare ability to draw from a lineage of visionary creative directors while charting a new course forward. As the echoes of the past mingled with hints of the future, one question lingered in the air: what comes next?
