Ventive Hospitality, India’s high-end hospitality operator with a portfolio spanning marquee hotel brands, reported stellar financial results for the quarter and full fiscal year ended 31 March 2025. Ventive Hospitality Q4 FY25 results record-breaking growth across revenue, profitability, and operational metrics, firmly cementing its place among India’s top four listed hospitality companies.
Ventive Hospitality Q4 FY25 Results: Record-Breaking Quarter Across the Board
Ventive Hospitality Q4 FY25 results reported revenue of INR 717.2 crore in Q4 FY25, up 20% year-on-year (YoY), EBITDA of INR 370.9 crore, up 23% YoY. EBITDA margin expanded by 200 bps to 52%. Profit after tax (PAT) was INR 151 crore, up from INR 47.3 crore in Q4 FY24.
Key operating metrics also saw substantial improvement:
- Average Daily Rate (ADR): INR 26,963 (up 5% YoY)
- Occupancy: 71.4% (up from 67.8% YoY)
- Revenue per Available Room (RevPAR): INR 19,249 (up 11% YoY)
- Total Revenue per Available Room (TRevPAR): INR 31,837 (up 16% YoY)
India portfolio outperformed with 24% YoY growth in RevPAR and 25% YoY growth in TRevPAR driven by MICE (Meetings, Incentives, Conferences & Exhibitions) demand, weddings and high end leisure travel.
Ventive Hospitality FY25: Milestones Crossed
Ventive Hospitality FY25 results reported revenue of INR 2,160 crore for FY25, up 13% over previous year. EBITDA was INR 1,012 crore, up 16% YoY and full year EBITDA margin of 47%. PAT for FY25 stood at INR 54.4 crore, reversing a loss of INR 66.7 crore in FY24.
Operationally, the company posted:
- ADR: INR 20,769 (up 4% YoY)
- Occupancy: 64% (up from 59.5%)
- RevPAR: INR 13,293 (up 12%)
- TRevPAR: INR 22,981 (up 14%)
The hospitality division alone contributed INR 1,604 crore to revenue, with EBITDA from the segment growing 34% YoY to INR 553 crore.
Ventive Hospitality Q4 FY25 Results: Balance Sheet
Following its successful IPO in December 2024, Ventive deployed proceeds to reduce debt by INR 1,400 crore. As of 31 March 2025:
- Net Debt: Reduced from INR 3,407 crore to INR 1,745 crore
- Net Debt-to-Equity: Improved from 1.2x to 0.4x
- Net Debt-to-EBITDA: Improved to 1.7x
- Cash & Cash Equivalents: INR 560.4 crore
The company holds AA (Stable) credit rating from CRISIL, and its subsidiary PCPPL holds an AA+ (Stable) rating.
Ventive Hospitality Post-IPO Performance
Ventive Hospitality launched its IPO on 20 December 2024, the issue size was INR 1,600 crore. The issue got a strong 9.8X subscriptions and was listed at a 9.5% premium over investment. The stock was very volatile post-listing, it made 52-week low of INR 557.4 per share on 28 Feb 2025 and made an all-time high of INR 799 per share as of 13 May 2025, reflecting a 24.26% return from its IPO allotment price of INR 643 per share.
Growth Strategy: Organic & Inorganic Expansion on Track
Ventive aims to double its key count over the next five years. With 2,036 operational keys across India and the Maldives, it plans to add ~300 keys via greenfield and brownfield developments in:
- Bengaluru (Expansion)
- Varanasi (Brownfield near airport)
- Sri Lanka (Greenfield near Yala East National Park)
In addition, four Right of First Offer (ROFO) assets—two in Pune and two in Navi Mumbai—represent a pipeline of nearly 900 keys. The company is also actively evaluating multiple acquisition opportunities.
Operational Excellence and ESG Focus
With 11 operational hotels run under global brands such as Marriott, Hilton, and Anantara, Ventive combines best-in-class guest experience with digital-first distribution strategies and loyalty integration via platforms like Bonvoy and Hilton Honors.
The company’s ESG initiatives are robust, including:
- 70%+ energy from renewable sources
- EV charging across all Indian hotels
- Plastic-free environments in Maldives resorts
- Coral regeneration programs
- Hospitality training for underprivileged women
- Local employment focus (45% Maldivian workforce in resorts)
Leadership Commentary
Ranjit Batra, CEO of Ventive Hospitality, remarked:
“Ventive Hospitality FY25 with unprecedented momentum, crossing INR 2,000 crore in revenue and INR 1,000 crore in EBITDA. This performance reflects our premium positioning and our disciplined execution. With significant room to grow in India’s underpenetrated luxury hospitality market, we are well-positioned to sustain and accelerate this trajectory.”
Investor Confidence on the Rise
Backed by promoters Panchshil Realty and Blackstone, with promoter holding at 89%, Ventive’s strategic roadmap and sharp financial performance are boosting investor confidence. The company generated over INR 670 crore in operating cash flow in FY25, representing approximately 33% of annual revenue—a testament to its operational efficiency and financial prudence.
Conclusion
Ventive Hospitality Q4 FY25 results showcase the company firing on all cylinders. With industry-leading margins, strong balance sheet fundamentals, and a clear path for expansion, Ventive is not just weathering the macroeconomic headwinds—it is leading the charge in India’s luxury hospitality transformation.
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