Ventive Hospitality (BSE: 544321, NSE: VENTIVE) reported a strong Q2 FY26 with revenue of ₹554 crore, up 28% YoY. EBITDA reached ₹255 crore, a 50% increase, boosting the EBITDA margin to 46%. Key achievements include a 12% rise in ADR and strategic moves such as acquiring a stake in Hilton Goa Resort and a proposed investment in Soho House India, which enhance portfolio and drive long-term growth.
Financial Highlights
Ventive Hospitality announced its Q2 FY26 results, showcasing significant growth:
- Revenue: Consolidated revenue reached ₹554 crore, reflecting a 28% year-over-year increase.
- EBITDA: Consolidated EBITDA stood at ₹255 crore, marking a substantial 50% year-over-year increase.
- EBITDA Margin: The company’s EBITDA margin improved to 46%, representing a 7 percentage point expansion.
The hospitality business contributed significantly to the overall performance:
- Revenue for hospitality reached ₹369 crore, a growth of 25% YoY.
- Hospitality EBITDA was ₹103 crore, a 64% increase YoY.
- The hospitality business’ EBITDA margin also improved by 7 percentage points YoY.
Operational Performance
Key operational metrics also showed positive momentum:
- Average Daily Rate (ADR): Increased by 12% year-over-year in India business.
- Occupancy: Improved to 66% across India.
- RevPAR: Resulted in RevPAR growth of 13% year-over-year.
Strategic Initiatives
Ventive Hospitality is actively pursuing strategic initiatives to further enhance its portfolio:
- Hilton Goa Resort: The company has entered India’s leisure market by acquiring a 76% stake in the 104-key Hilton Goa Resort.
- Soho House India: Plans to acquire a majority stake in Soboho Pvt Ltd, owner of Soho House Juhu (Mumbai), along with rights for building Soho Houses in New Delhi and other cities.
Leadership Commentary
Ranjit Batra, Chief Executive Officer, commented, “Our second quarter performance marks four consecutive quarters of strong sustained growth since listing with record EBITDA growth of 50% in this quarter. Our diversified, luxury-focused portfolio, disciplined execution, and strategic asset expansion position us well for continued revenue and margin growth in the coming quarters.”
He further added, “We remain committed to our strategic objective of doubling our key count over the next five years, supported by targeted acquisitions and organic expansion. Our latest acquisition of the Hilton Goa Resort and proposed investment in Soho House India further augment our pipeline of 1,582 keys, and underscore our strategy to tap into new, vibrant market segments to power our long-term growth.”
Source: BSE