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Ventive Hospitality Ltd posted strong financial performance in Q3 FY 2026, with consolidated revenue reaching INR 722 crore, up 27% year-on-year, and EBITDA at INR 348 crore, reflecting 25% growth. The hospitality segment led the gains, delivering revenue of INR 565 crore, a 35% increase, and EBITDA of INR 226 crore, up 54%. Indian hotels saw 22% revenue growth with 35% higher EBITDA, while international properties recorded 46% revenue growth and 73% EBITDA growth. Annuity assets contributed INR 128 crore in revenue. Strong ADR, occupancy, and TRevPAR across properties underpinned performance.
Ventive Hospitality Ltd (BSE: 544321, NSE: VENTIVE) announced its consolidated results for Q3 FY 2026, showing continued growth in revenue and profitability. Consolidated revenue reached INR 722 crore, marking a 27% increase compared to the same period last year. Consolidated EBITDA grew 25% to INR 348 crore, maintaining a healthy margin of 48%. Profit After Tax stood at INR 141 crore, marking the fifth consecutive quarter of positive PAT.
The hospitality business was the main driver of growth, generating INR 565 crore in revenue, a 35% rise year-on-year. EBITDA for the segment was INR 226 crore, up 54%, with a 40% margin, a five-percentage point improvement. Within this segment, Indian hotels reported 22% revenue growth and 35% higher EBITDA, while international properties grew 46% in revenue and 73% in EBITDA. EBITDA margins were 41% in India and 39% internationally.
Revenue from the company's annuity portfolio, consisting of prime commercial and retail properties in Pune, reached INR 128 crore with EBITDA of INR 116 crore.
Operationally, Indian hotels reported a 17% increase in Average Daily Rate (ADR) and stable occupancy at 62%, resulting in a 15% year-on-year increase in RevPAR. International properties achieved 71% occupancy, with same-store performance at 65%, a four-percentage point improvement compared to last year. The company's F&B offerings contributed to revenue growth, as reflected in Total Revenue per Available Room (TRevPAR). Indian hotels recorded INR 15,985 per room, up 14%, and Maldives resorts reported INR 81,936 per room, 17% higher than the previous year.
The CEO highlighted that the company had completed a full year as a listed entity, emerging as one of the stronger performers in the hospitality sector. This performance was attributed to focused teams delivering operational excellence and guest experiences. He noted that the strong Q3 performance and nine-month results set the company up for a robust finish to FY 2026 and good growth momentum entering the new year.
Ventive Hospitality operates 13 luxury and upper-upscale hotels in India and the Maldives with 2,178 keys. The hotels are managed under global brands such as Marriott, Hilton, Minor, and Atmosphere. The company also owns 3.4 million square feet of complementary annuity assets. It had a successful IPO in December 2024 and reported consolidated revenue of INR 2,159 crore in FY 2025.
Forward-looking statements in the release note that while the company is optimistic about growth, results may vary due to factors such as economic conditions, tourism trends, competition, regulatory changes, and other operational risks.
Source PTI
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