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Earnings Call Transcript

Ventive Hospitality Earnings Call Transcript: Key Takeaways

Q2 FY27 growth came from a Maldives recovery (~20%) and India (~10%), but reported PAT fell 47% on higher depreciation (₹79 Cr to ₹102 Cr).

Highlights
Revenue growthOperating revenue +13% (CEO); consolidated +5% to ₹582 Cr (CFO).
MarginsMaldives EBITDA margin 14% vs 15% in Q1; India 39%; annuity 90%.
Order bookMaldives ~67% of forecast revenue already booked.
Demand visibilityMaldives ~67% of forecast revenue on books; H2 occupancy above 70%.
Management confidenceOver-optimistic; deflected Maldives margin and interest-cost questions.

Growth

Revenue growth is stated inconsistently: 13% operating revenue (CEO) versus 5% consolidated to ₹582 Cr (CFO). Reported EBITDA fell 5%, while operating EBITDA rose 11%.

Outlook

Management guides mid-teens revenue and EBITDA growth for Q3 and occupancy above 70% in H2. Maldives has about 67% of forecast revenue on the books.

Risks

Maldives EBITDA margin is flat near 14% despite lower diesel. Net debt/EBITDA rose to 1.6x from 1.2x, interest costs are rising, and other income fell on lower forex gains.

Source

Earnings Call Transcript filed with NSE, NSE: VENTIVE. Summary written with AI assistance from the document.

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Ventive Hospitality Ltd: key numbers

Share price
₹528.75
Market cap
₹12,349 Cr
Revenue (annual)
₹2,461 Cr
Net profit (annual)
₹425.6 Cr
P/E (TTM)
27.4×Sector 44.5×
Promoter holding
88.98%+0.00% QoQ
FII holding
1.17%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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