Ventive Hospitality Ltd has made an impressive entry into the listed company arena, closing its debut quarter with remarkable financial performance and robust growth across key metrics. The consolidated results for the third quarter of FY2025, ending December 31, 2024, demonstrate Ventive’s strong momentum and potential in the high-end hospitality sector, positioning it as a leader in the industry.
The quarter marked a revenue surge of 15% year-on-year (YoY), reaching ₹5,664 million, while EBITDA climbed 31% YoY to ₹2,776 million, reflecting an improved margin of 49%, up by an impressive 600 basis points. The hospitality segment, which forms the backbone of Ventive’s operations, reported revenue of ₹4,200 million, with EBITDA soaring 33% YoY to ₹1,470 million and a margin expansion to 35%.
Ventive’s performance metrics in the hospitality segment underline the growing demand and operational efficiency of its properties. Occupancy levels reached 63%, up by 3% from the previous year, while the Average Daily Rate (ADR) increased to ₹21,610, a 5% improvement. Revenue per Available Room (RevPAR) also saw an 8% growth YoY, settling at ₹13,573.
This quarter wasn’t just about financial triumphs; it was also a landmark period for Ventive in terms of strategic milestones. The company raised ₹16,000 million in primary capital through a highly successful listing on December 30, 2024, which saw an overwhelming response from investors with a 10x oversubscription. In addition, Ventive successfully refinanced its borrowings in the Maldives, achieving a significant 210-basis-point reduction in its cost of debt, further solidifying its financial foundation.
Ranjit Batra, Chief Executive Officer of Ventive Hospitality, expressed his enthusiasm for the company’s performance and the opportunities ahead. “We’re delighted to report a stellar debut quarter as a listed company, driven by strong performance across our hospitality assets in India and the Maldives. The 33% YoY EBITDA growth in this quarter highlights our ability to leverage RevPAR growth, optimize operations, and expand margins. We welcome our new shareholders to the Ventive family and are confident that our distinct portfolio is well-positioned to capture the growing demand in the high-end hospitality sector. We remain committed to executing our growth strategy and delivering long-term value for all stakeholders.”
As Ventive embarks on its journey as a publicly listed company, it is poised to capitalize on the strong demand for luxury hospitality, thanks to its portfolio of premium properties and a clear vision for sustained growth. While the road ahead is not without challenges—macroeconomic uncertainties, geopolitical risks, and industry cyclicality—Ventive’s strategic focus on operational excellence and financial prudence ensures a promising future.
