About Royal Orchid Hotels Limited

Royal Orchid Hotels Limited is a public limited company incorporated in 1986 and domiciled in India. Its shares are listed on BSE Limited and the National Stock Exchange of India Limited. The Company, along with its subsidiaries and associates, is engaged in operating and managing hotels and resorts and providing related hospitality services across India under a diversified portfolio of brands. The registered office is located at No. 1, Golf Avenue, Adjoining KGA Golf Course, Airport Road, Bengaluru – 560008. Beyond domestic operations, the Group maintains an international presence through a subsidiary in Tanzania, marking its expanding global footprint.

Royal Orchid’s service portfolio covers room nights, food and beverages, banqueting, leisure hospitality, and management and consultancy operations for franchised properties and partner hotels, reflecting a full-service hospitality model. As on March 31, 2024, the Group comprised 15 Indian subsidiaries, one foreign subsidiary, and one associate company, underscoring its multi-entity operating framework across integrated hotel management, operations, and allied services. The company continues to strengthen its network through strategic positioning in leisure, business, and destination segments supported by its regionally diversified portfolio of hotels and resorts.

Key Milestones of Royal Orchid Hotels Limited

• Incorporated in 1986 with a focus on full-service hospitality management and operations in India.
• Listed on BSE and NSE, enabling nationwide market access and investor participation.
• Expanded to a diversified structure with 15 Indian subsidiaries, one foreign subsidiary, and one associate company as of March 31, 2024.
• Approved the sale of a wholly owned subsidiary on August 14, 2024, reflecting active portfolio realignment.
• Maintained high levels of compliance through 99.91% dematerialisation of total paid-up shareholding as on March 31, 2025.

Royal Orchid Hotels Limited Business Verticals and Geographic Presence

Business Verticals:

• Room nights and related hotel accommodation services.
• Food and beverages — restaurants, bars, cafes, and banqueting operations.
• Operating and management consultancy services for owned and managed hotels.
• Other allied hospitality and leisure services, including destination and heritage offerings.

Geographical Coverage:

• Domestic: All revenue for FY 2024–25 was derived from Indian operations.
• International: Presence through a wholly owned subsidiary in Tanzania.
• Focus: Strengthened domestic leisure and business hotel network, targeting drivable destinations and regional tourism markets.

Royal Orchid Hotels Limited operates as an integrated hospitality group engaged in the ownership, management, and operation of hotels and resorts. The company did not separately disclose segmental contributions for FY 2024–25. Revenue streams include room sales, food and beverages, hospitality management fee income, and other related services. The Group’s operations remain geographically India-focused, with a strong emphasis on increasing efficiencies and expanding its portfolio through management contracts and strategic partnerships. Continued innovation in travel experiences, including heritage, wildlife, beach, and urban staycation packages, has been central to shaping its hospitality model.

Royal Orchid Hotels Limited Key Management

• Mr. C.K. Baljee – Chairman & Managing Director
• Mrs. Sunita Baljee – Non-Executive Director (appointed with effect from February 12, 2025)
• Mr. Keshav Baljee – Non-Executive Director
• Mr. Ashutosh Chandra – Independent Director
• Mr. Rajkumar Thakardas Khatri – Independent Director
• Mr. Venkata Ramana Murthy Pinisetti – Independent Director (appointed with effect from October 9, 2024)
• Mr. Amit Jaiswal – Chief Financial Officer
• Dr. Ranabir Sanyal – Company Secretary & Compliance Officer

Latest Updates on Royal Orchid Hotels Limited

• Strategic decision: The Board of Directors approved the sale of a wholly owned subsidiary on August 14, 2024, as part of the company’s strategy to streamline its portfolio and optimise asset allocation.
• Board and governance changes: Appointment of an Independent Director effective October 9, 2024, and a Non-Executive Woman Director effective February 12, 2025, further strengthened board diversity and governance oversight.
• Credit rating: ICRA reaffirmed the company’s long-term and unallocated facility ratings at [ICRA]A‑ (Stable), reflecting continued financial prudence and credit stability.
• Shareholder infrastructure: Equity shares achieved 99.91% dematerialisation as of March 31, 2025, enhancing investor convenience and share market liquidity.
• Commercial focus: The Group prioritised promoting drivable leisure destinations within 300–400 km of major Indian cities, curating holiday and staycation packages for heritage, wildlife, and beach destinations in line with post‑pandemic travel trends.
• Customer base and market concentration: No single customer contributed more than 10% of total revenue in FY 2024–25, indicating a well-diversified client mix.
• Regulatory matters: The Annual Report referenced an NCLT petition under Sections 241 and 242 and an Interim Order cum Show Cause Notice from SEBI, disclosed in detail under the notes to the financial statements and audit report sections.