The shares of Ventive Hospitality Ltd were trading at ₹704.75 up by ₹1.95 or 0.28 per cent on the NSE today at 1.25 pm.
Ventive Hospitality Ltd, a Blackstone-backed luxury hotel owner, announced strong financial results for Q3FY25 in its first earnings report since going public in December 2024.
The company reported a 31 per cent year-over-year increase in consolidated EBITDA to ₹277.6 crore, while revenue grew 15 per cent to ₹566.4 crore. EBITDA margins expanded by 600 basis points to 49 per cent.
In its core hospitality segment, Ventive achieved 33 per cent EBITDA growth to ₹147 crore on revenue of ₹420 crore. Operational metrics showed improvement, with occupancy rising 3 per cent to 63 per cent, while the average daily rate increased 5 per cent to ₹21,610, resulting in RevPAR growth of 8 per cent.
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The company completed its IPO on December 30, 2024, raising ₹1,600 crore with 10x oversubscription. Ventive also refinanced its Maldives debt, reducing borrowing costs by 210 basis points.
CEO Ranjit Batra highlighted the company’s strong performance in both Indian and Maldivian markets. Ventive owns 11 operational luxury and upscale hotels with 2,036 keys across both countries, managed by global brands including Marriott, Hilton, Minor, and Atmosphere.
The company maintains ₹1,730 crore in net debt, which it describes as providing “significant headroom for future growth.”