HSBC Upgrades Ventive Hospitality to Buy with Target Price ₹685 10 days ago
HSBC has upgraded Ventive Hospitality to Buy with a target price of ₹685, citing strong January-February performance and attractive valuation at ~10x FY27 EV/EBITDA. Despite March softness from corporate and MICE disruptions and diesel shortage risks in Male operations, the brokerage remains positive on stable ARRs and overall fundamentals.
Ventive Hospitality's Q4 Profit Soars 175% YoY to ₹1.3 Billion
Ventive Hospitality's Q4 financial results show remarkable growth. Consolidated net profit reached ₹1.30 billion, up 175% year-over-year from ₹472.00 million. Revenue soared to ₹6.97 billion, a 481% increase from ₹1.20 billion in the previous year. The company also saw significant sequential growth, with net profit rising from ₹223.00 million in Q3 to ₹1.30 billion in Q4.
12May 25
Ventive Hospitality's Q4 Results Show Robust Growth Despite Margin Pressure
Ventive Hospitality's Q4 FY2023 results show impressive year-over-year growth. Revenue surged 480.80% to ₹6.97 billion, while net profit increased 175.40% to ₹1.30 billion. EBITDA grew 191.70% to ₹3.50 billion. However, EBITDA margin declined to 50.38% from 61.11% in the previous year, indicating potential operational cost challenges despite strong top-line performance.