Bengaluru Phase 1 opening in Q1 FY27
500-key luxury asset to start generating revenues from Q1 FY27, contributing EBITDA upwards of ₹25 crore in FY27 and ₹50-55 crore on stabilization in FY28, with 15%+ ROIC.
JUNIPER / guidance tracker
Keep management guidance in view.
Juniper Hotels · forward-looking guidance across the available source record.
Research layer active
Guidance tracker
What management said would happen.
expansion
FY27 capex of ₹274 crore
Covers Bengaluru Phase 2, Kaziranga construction commencement, and Guwahati groundwork; to be funded by ₹200+ crore cash on balance sheet plus ₹300 crore annual operating cash flows.
FY28 capex of ₹525 crore
Major deployment year covering Bengaluru Phase 2 completion (613 keys total across both phases) and Guwahati construction; leverages will spike but net debt/EBITDA capped at 2.5x.
Kaziranga revenue accrual from Q4 FY26
111-key eco-luxury property, the first luxury offering in that market, will start contributing to revenues from Q4 FY26 itself as construction progresses on track.