Ventive Hospitality posts strong Q3 FY26 performance with margin leadership intact

Consolidated revenue rises 27% year-on-year

Ventive Hospitality Ltd reported a robust financial performance for the third quarter of FY26, ending December 31, 2025. The company posted consolidated revenue of ₹722 crore, reflecting a 27 percent year-on-year growth. Consolidated EBITDA stood at ₹348 crore, up 25 percent year on year, with EBITDA margin sustained at a healthy 48 percent, among the strongest in the listed hospitality sector. Profit after tax for the quarter came in at ₹141 crore, marking the company’s fifth consecutive quarter of positive net profit.

Hospitality business remains the primary growth engine

The hospitality segment continued to be the key contributor to overall performance. Segment revenue increased 35 percent year on year to ₹565 crore, supported by stable occupancies, rate-led growth, and improved operating leverage. Hospitality EBITDA rose sharply by 54 percent year on year to ₹226 crore, while segment EBITDA margin expanded to 40 percent, representing a five-percentage-point improvement over the same period last year.

India portfolio delivers rate-led growth

Within the domestic portfolio, Ventive’s Indian hotels recorded 22 percent revenue growth, while EBITDA grew 35 percent year on year, indicating margin expansion driven by operating efficiencies. Average Daily Rate (ADR) increased 17 percent, occupancy remained stable at 62 percent, and RevPAR rose 15 percent year on year, highlighting the company’s ability to drive pricing without compromising volumes.

International assets emerge as a key profit lever

The international hospitality portfolio delivered strong momentum during the quarter. Revenue from overseas assets grew 46 percent year on year, while EBITDA surged 73 percent, supported by leisure-led demand and improved same-store performance. Occupancy in the international portfolio stood at 71 percent, with same-store occupancy improving to 65 percent, up four percentage points year on year. EBITDA margins in the international segment reached 39 percent, underlining scale benefits and profitability.

Food & beverage strategy enhances total revenue

Ventive’s differentiated food and beverage offerings continued to strengthen overall revenue metrics. Same-store Total Revenue per Available Room (TRevPAR) in Indian hotels stood at ₹15,985, a 14 percent year-on-year increase. The Maldives resorts reported significantly higher same-store TRevPAR of ₹81,936, up 17 percent year on year, reflecting strong experiential dining demand in premium resort destinations.

Annuity portfolio adds earnings stability

Beyond hospitality, the company’s annuity assets—comprising commercial and retail real estate in Pune—generated ₹128 crore in revenue during the quarter. EBITDA from this segment stood at ₹116 crore, providing stable, high-margin cash flows and balancing the cyclical nature of hospitality earnings.

Management outlook

Commenting on the performance, Ranjit Batra, Chief Executive Officer, said the company had completed one full year as a listed entity with strong growth momentum. He highlighted the role of operational discipline, motivated teams, and a continued focus on guest experience, expressing confidence in a robust close to FY26 and sustained momentum into the next financial year.