Ventive Hospitality Ltd — earnings calls

Ventive Hospitality reported consolidated revenue growth of 7% year-on-year to INR554 crores for Q1 FY27, with India hospitality revenue up 13% and EBITDA up 16%, while Maldives EBITDA fell 32% due to a spike in diesel costs linked to the West Asia conflict. Management said the Maldives revenue still grew 5% despite disruptions, and outlined solar investments in both India and Maldives intended to reduce future energy cost exposure. The company also completed the acquisition of the Sahyadri Hills wellness resort and branded residences project under the Ritz-Carlton Reserve brand.

Ventive Hospitality reported consolidated revenue of Rs 2,666 crores for FY26, up 24%, with EBITDA growing 28% to Rs 1,299 crores and margins expanding to 49% from 47%. Q4 FY26 revenue grew 21% year-on-year to Rs 870 crores while EBITDA grew 28% to Rs 476 crores, aided by a foreign exchange gain of Rs 74 crores. Management described growth across India, Maldives and the annuity segment, alongside portfolio additions including Hilton Goa, Soho House, Sol de Goa and Narmada Estates, while placing the Mundra project on hold.