What we do Vikram Kamats Hospitality Limited operates mid-scale hotels and quick serve restaurants across India, focusing on authentic Indian cuisines and hospitality services under multiple brand formats. |
Founded in 2,007 |
Market share Key player in mid-scale hotel and vegetarian restaurant segments with strong presence in Maharashtra and Gujarat. |
Problem solved Provides hygienic, standardized food and comfortable mid-market lodging options for highway travelers and urban customers. |
Top clients or who we serve Primarily serves B2C customers including highway travelers, urban diners, business and leisure hotel guests. |
Key management Dr. Vikram V. Kamat (Managing Director) with expertise in hotel management and entrepreneurship. |
Our journey and innovations Evolved from Kanisha Hotels (2007) to a public company with brand expansions like Kamats Legacy and VITS Hotels; launched cloud kitchens and ready-to-eat foods. |
Where we operate Operations mainly in Maharashtra, Gujarat, and other Indian states with urban and highway locations. |
Top products or what we offer Restaurant chains (Kamats, Urban Dhaba, Pepper Fry), mid-scale hotels (VITS Hotels), cloud kitchens, and hospitality training. |
Top brands Kamats Legacy (premium South Indian dining), Vithal Kamats, Urban Dhaba, Pepper Fry, VITS Hotels and Resorts. |
Raw materials needed Standard food ingredients for Indian cuisines and hospitality operational supplies. |
Raw materials supplier Multiple local suppliers, centrally procured for standardization. |
Recurring vs cyclical contribution Revenue mix of recurring franchise royalties and cyclical hotel and restaurant service sales. |
Our industry position Strong presence in quick-serve vegetarian restaurants and mid-market hotel segments, expanding footprint steadily. |
Financial highlights FY25 revenue: Rs 389.10 million; PAT Rs 6.7 million; 33.85% YoY revenue growth; EBITDA margin ~21.6%. |
Geographical revenue split Main revenue from Maharashtra and Gujarat markets with expansion in other regions. |
Order book Ongoing expansion of hotel properties and restaurant outlets with long-term lease agreements in pipeline. |
Whats driving growth Expansion of mid-scale hotels, increased brand premiumization, growth in Indian domestic tourism, and highway dining demand. |
Our future plans Growth through new hotel acquisitions, new Kamats Legacy outlets, cloud kitchens, and skill development initiatives (KHAS). |
Our green promise Energy optimization and waste reduction efforts; no major capital investments yet in renewable energy. |
Our people and values Employee base of around 3500; emphasis on training, hospitality excellence, and inclusive culture. |
Key challenges ahead Managing operational costs, competitive hospitality landscape, and scaling brand consistency across franchises. |
Interesting facts First franchise opened in 2014; brands licensed from original owners; strong heritage with multiple awards since 2023. |
Risks and strategy Risks from market volatility mitigated by diversified formats and asset-light franchise expansions. |
