Ventive Hospitality Limited has announced a strategic move to strengthen its presence in the leisure hospitality sector by acquiring a majority stake in the company that owns the Hilton Goa Resort. The board of directors approved the acquisition of a 76% stake in Soham Leisure Ventures Private Limited, marking Ventive's entry into the popular tourist destination of Goa.

Acquisition Details

The deal, valued at Rs 9.5 crores for the equity stake, represents an enterprise value of approximately Rs 320.00 crores, including land consideration. This acquisition aligns with Ventive Hospitality's ambitious strategy to double its portfolio to around 4,000 keys over the next five years.

About Soham Leisure Ventures

Soham Leisure Ventures Private Limited, incorporated on August 2, 2011, has been operating in the hospitality business. The company's financial performance has shown steady growth over the past three years:

Strategic Implications

The acquisition of the Hilton Goa Resort presents several strategic advantages for Ventive Hospitality:

1. Market Entry: This move marks Ventive's entry into Goa, a key tourist destination in India.
2. Brand Association: The deal adds a Hilton-flagged resort to Ventive's portfolio, associating the company with a globally recognized hospitality brand.
3. Growth Potential: The resort offers significant refurbishment and expansion opportunities, including the potential addition of 64 keys and villa development on the acquired land.

Transaction Timeline

The acquisition is expected to be completed before the end of the third quarter of the 2025-26 financial year. Ventive Hospitality has confirmed that this transaction does not constitute a related party transaction.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Ventive Hospitality Limited disclosed the details of this acquisition to the BSE Limited and the National Stock Exchange of India on September 25, 2025.

This strategic acquisition underscores Ventive Hospitality's commitment to expanding its footprint in the leisure hospitality sector and capitalizing on growth opportunities in key tourist destinations across India.

Ventive Hospitality Limited, a leading player in the hospitality sector, has reported a robust financial performance for the first quarter, with consolidated revenue growing 18% year-on-year to INR 520.00 crores. The company's EBITDA also saw a healthy increase of 13% to INR 220.30 crores during the same period.

Strong International Performance

The company's international hospitality segment, primarily in the Maldives, emerged as a key growth driver. Revenue from international operations surged by 33% to INR 207.00 crores, while EBITDA grew by an impressive 47%. On a same-store basis, international revenue increased by 11%, with EBITDA growing by 30%.

Ranjit Batra, Chief Executive Officer of Ventive Hospitality, attributed the strong performance to improved operational efficiencies and strategic initiatives. "We've implemented cluster procurement, negotiated better diesel pricing, and expanded our solar footprint across our Maldives resorts," Batra explained during the earnings call.

India Hospitality Segment Shows Resilience

The India hospitality business demonstrated resilience with a 13% year-on-year revenue growth to INR 179.00 crores. EBITDA from the India segment grew by 28% to INR 63.40 crores, with the EBITDA margin expanding by 4 percentage points to 35%.

Batra highlighted the company's focus on Total Revenue Per Available Room (TRevPAR) as a key performance metric. "Our India TRevPAR stood at around INR 13,000, up 13% over the same quarter last year, driven by 20% growth in F&B and other source revenue," he stated.

Annuity Portfolio Remains Stable

Ventive Hospitality's annuity portfolio, consisting of prime commercial office buildings and retail properties in Pune, generated revenue of INR 124.00 crores, up 2% year-on-year. The EBITDA from this segment grew by 1% to INR 111.00 crores.

Expansion Plans and Future Outlook

The company announced significant expansion plans, including management contracts with Marriott International for three new hotels. These new properties, along with four additional hotels announced by the promoter group, will add 1,582 keys over the next five years.

Milind Wadekar, Executive Vice President of Finance and Investor Relations, provided a positive outlook for the company's future performance. "We expect mid-teens revenue growth and high-teens EBITDA growth in the medium term, with cumulative EBITDA of INR 6,500 crores projected over the next five years," Wadekar stated.

Financial Position

The company reported a consolidated gross debt of INR 2,188.00 crores as of June 30. With a cash balance of INR 509.00 crores, the net debt stood at INR 1,679.00 crores. Paresh Bafna, Chief Financial Officer, noted that the company reduced its debt by INR 116.00 crores during the quarter.

Conclusion

Ventive Hospitality's strong Q1 performance, particularly in its international segment, coupled with its ambitious expansion plans, positions the company for continued growth in the hospitality sector. The management's focus on operational efficiencies and strategic market positioning is expected to drive further improvements in the coming quarters.