Ventive Hospitality Limited has reported a strong performance for FY26, its first full year as a listed entity. The company achieved INR 2,666 crores in annual revenue, marking a 24% growth, while EBITDA surged by 28% to INR 1,299 crores. Significant milestones included crossing INR 500 crores in profit after tax (PAT) and achieving INR 2,000 crores in hospitality segment revenue, reflecting the resilience of its diversified asset portfolio.
Financial Highlights of FY26
Ventive Hospitality delivered consistent growth throughout the year despite external headwinds. Key metrics for the full year include a 49% EBITDA margin, an improvement from 47% in FY25. The company’s focus on cost discipline and operational leverage enabled the platform to scale effectively. In Q4 FY26, consolidated revenue grew 21% year-on-year to INR 870 crores, with EBITDA rising 28% to INR 476 crores.
Segment Performance
The India portfolio remained a central pillar of growth, driven by a rate-led strategy with a 13% increase in ADR to INR 12,500. Despite transient occupancy pressures, the company maintained double-digit growth in RevPAR and TRevPAR. Meanwhile, the Maldives portfolio demonstrated stellar results, with revenue growing 31% to INR 1,133 crores. The company highlighted the successful consolidation of Raaya, alongside strong performances from its luxury properties, Conrad and Anantara.
Strategic Growth and Future Outlook
Ventive continued its portfolio sharpening strategy with key acquisitions, including Hilton Goa, Soho House, and Sol de Goa. These additions enhance the company’s leisure and lifestyle-led hospitality footprint. On the development front, the company is progressing with projects such as the AC by Marriott conversion in Bangalore, the Varanasi Marriott, and the Ritz-Carlton Reserve in Sri Lanka, with completion timelines targeted for FY27 and FY28.
Balance Sheet Strength
The company maintains a strong financial position, with a significant reduction in debt and improved interest coverage. As of March 31, 2026, net debt stood at INR 1,484 crores, with a net debt-to-EBITDA ratio of 1.14x. The management confirmed that future growth, including a planned INR 1,000 crore capital expenditure over the next three years, will be primarily funded through internal accruals, providing stability and flexibility for long-term value creation.
Source: BSE
