Shares Ventive Hospitality Limited 4 704.75 traded up to 95 1.95 or 0.28 per cent Nse At 1.25 pm today.
Ventive Hospitality Limited, owner of Blackstone -backed luxury hotel, announced strong financial results for Q3FY25 in its first revenue report from the public in December 2024.
The company said the integrated EPIDDA was Rs 277.6 crore per year, while revenue increased by 15 per cent per annum and Rs 566.4 crore. The edges of the EPITDA expanded to 49 percent by 600 basic points.
In its main hospitality category, the growth of 33 per cent EPITTA at 7 147 crore at Rs 420 crore. Functional measurements showed improvement, rising by 3 per cent to 63 percent, while the average daily rate increased by 5 per cent to 61,610, resulting in Revebar growth 8 percent.
The company completed it IPO On December 30, 2024, it raises 6 1,600 crores with 10 X Over Subscription. Ventive also re -funded its Maldivian debt, reduced the cost of borrowing by 210 basic points.
CEO Ranjith Badra highlighted the company’s strong performance in the Indian and Maldives markets. Ventive holds 11 operating luxury and elite hotels with 2,036 keys in both countries administered by global brands, including Mary, Hilton, Minor and atmosphere.
The company maintains 7 1,730 crore in net debt, describing it as “significant headroom for future development”.
