Here’s a detailed summary of Ventive Hospitality Ltd’s Q2 FY2026 results: Financial Performance - Revenue Growth: Consolidated revenue reached ₹554 crore, up 28% YoY. - EBITDA Growth: Consolidated EBITDA stood at ₹255 crore, marking a 50% YoY increase. - EBITDA Margin: Expanded to 46%, among the highest in the industry. - Hospitality Segment: - Revenue: ₹369 crore, up 25% YoY. - EBITDA: ₹103 crore, up 64% YoY. - Margin improvement driven by strong performance in India and Maldives assets. Operational Highlights - India Business: - Average Daily Rate (ADR) up 12% YoY. - Occupancy improved to 66%, driving RevPAR growth of 13% YoY. - Maldives Business: - TRevPAR (Total Revenue per Available Room) grew 9% YoY. - Restaurants & Banqueting: Continued strong growth, boosting overall TRevPAR to ₹19,715, up 15% YoY. Strategic Milestones - Hilton Goa Resort Acquisition: - 76% stake in 104-key property at Candolim. - Plans to add 60–65 rooms, spa, and new F&B concepts. - Soho House India: - Proposed majority stake in Soboho Pvt Ltd, owner of Soho House Juhu (Mumbai). - Exclusive rights to expand Soho Houses in New Delhi and other cities. - Membership model tailored for India’s creative community. CEO Statement Ranjit Batra, CEO, emphasized: > “Our second quarter performance marks four consecutive quarters of strong sustained growth since listing, with record EBITDA growth of 50%. Our diversified, luxury-focused portfolio, disciplined execution, and strategic asset expansion position us well for continued revenue and margin growth.” Company Context - Portfolio: 12 operational assets across India and Maldives, totaling 2,140 keys. - Brands Operated By: Marriott, Hilton, Minor, Atmosphere. - Complementary Assets: 3.4 million sq. ft. of annuity assets. - IPO: Successfully listed in December 2024. - FY2025 Revenue: ₹2,159 crore. Ventive Hospitality’s Q2 results highlight robust growth, margin expansion, and aggressive portfolio diversification, positioning it as a rising force in India’s luxury hospitality sector.
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