Advent Hotels International Limited has officially approved seeking shareholder consent for the sale of its stake in Bamboo Hotel and Global Centre (Delhi) Private Limited to Valor Estate Limited. The board meeting held on March 5, 2026, formalized the material related party transaction valued at approximately ₹596.70 crores, along with significant loan assignment arrangements.

Transaction Structure and Financial Details

The approved transaction involves the sale of 9,89,900 Class A equity shares of Bamboo Hotels at ₹6,028.54 per share. Additionally, Advent Hotels will execute a deed of assignment to transfer existing outstanding loans aggregating to approximately ₹1,058.89 crores granted to Bamboo Hotels.

Target Company Financial Position

Bamboo Hotel and Global Centre (Delhi) Private Limited operates in the hotel and hospitality sector with a reported net worth of ₹79.23 crores. The company has maintained nil turnover and revenue during recent periods, indicating its current operational status within the hospitality portfolio.

Related Party Transaction Framework

The transaction qualifies as a material related party transaction since Valor Estate Limited shares common promoters and promoter groups with Advent Hotels. Advent Hotels, formerly known as Shiva Realtors Suburban Private Limited, is the resulting company from an NCLT Mumbai demerger order. The transaction pricing has been determined at arm's length based on an independent registered valuer's report.

Approval Timeline and Settlement

The transaction requires approval from shareholders of both companies and existing lenders of Bamboo Hotels. Upon receiving necessary approvals, the sale will be completed within 60 days unless mutually extended by the parties. The consideration receivable will be settled against existing outstanding receivables, streamlining the financial settlement process.

Advent Hotels has informed BSE and NSE about the board meeting outcome in compliance with SEBI listing regulations, ensuring transparent disclosure of this significant corporate restructuring initiative.

Advent Hotels International has announced strong financial results for Q3, demonstrating significant improvement in profitability, steady revenue growth, and enhanced operational efficiency. The hospitality company's performance reflects positive momentum across key financial metrics during the quarter.

Financial Performance Highlights

The company's Q3 results showcase remarkable profit expansion alongside steady revenue growth and improved operational metrics:

Profitability Analysis

The most striking aspect of Advent Hotels International's Q3 performance is the substantial increase in consolidated net profit, which reached ₹285 million compared to ₹103 million in the same quarter of the previous year. This represents a remarkable year-on-year growth of 177%, indicating significant improvement in the company's bottom-line performance.

EBITDA Performance

Advent Hotels International demonstrated strong operational performance with EBITDA reaching ₹492 million in Q3, compared to ₹356 million in the corresponding quarter of the previous year, marking a solid 38% year-on-year growth. The EBITDA margin expanded significantly to 42.89% from 32.23%, representing an improvement of over 1000 basis points and highlighting the company's enhanced operational efficiency.

Revenue Growth and Operational Efficiency

On the revenue front, Advent Hotels International recorded quarterly revenue of ₹1.15 billion, up from ₹1.1 billion in Q3 of the previous year. While the revenue growth of approximately 4.5% appears modest compared to the profit surge, it demonstrates consistent business expansion and market presence. The significant disparity between profit growth (177%) and revenue growth (4.5%) suggests enhanced operational efficiency and improved margin management, leading to better profitability per rupee of revenue generated during the quarter.