📉 The Financial Deep Dive
Ventive Hospitality Ltd has unveiled its Q3 FY26 financial results, showcasing impressive year-on-year expansion across key performance indicators.
- The Numbers: Consolidated revenue for the quarter ended December 31, 2025, reached ₹722 crore, a significant 27% increase compared to the same period last year. Consolidated EBITDA grew by 25% YoY to ₹348 crore. The company reported its fifth consecutive quarter of positive Profit After Tax (PAT) at ₹141 crore.
- The Quality: Consolidated EBITDA margins were robustly maintained at 48%. The core Hospitality Segment emerged as a strong growth engine, with revenue up 35% YoY to ₹565 crore and EBITDA surging 54% YoY to ₹226 crore. This segment achieved a notable margin expansion, growing by 5 percentage points YoY to 40%.
- Indian Hospitality operations contributed with a 22% YoY revenue increase and a 35% YoY EBITDA jump, achieving 41% margins.
- International Hospitality operations witnessed an accelerated growth of 46% YoY in revenue and a 73% YoY surge in EBITDA, with margins at 39%.
- The Annuity Portfolio, comprising commercial real estate and retail properties in Pune, generated ₹128 crore in revenue and ₹116 crore in EBITDA.
- Operational Metrics: Key drivers included a 17% YoY growth in Average Daily Rate (ADR) for Indian hotels, while occupancy held steady at 62%, leading to a 15% YoY increase in Revenue Per Available Room (RevPAR). International hotels saw a 4 percentage point expansion in same-store occupancy to 65%. Total Revenue per available Room (TRevPAR) also saw healthy growth, up 14% YoY for Indian hotels and 17% YoY for Maldives resorts.
- One-offs: The consolidated revenue includes ₹16.9 crore in exchange gains from the mark-to-market valuation of dollar-denominated assets.
🚩 Risks & Outlook
Management, led by CEO Ranjit Batra, expressed optimism, projecting a strong finish to FY26 and continued growth momentum into the new fiscal year. The company remains focused on enhancing guest experiences and operational efficiencies. Standard forward-looking statements acknowledge potential risks, including macroeconomic volatility, geopolitical events, regulatory shifts, competitive pressures, and operational challenges that could impact future performance.