Ventive Hospitality logo

Ventive Hospitality share price

NSE: VENTIVEBSE: 544321Leisure ServicesSmall Cap

Ventive Hospitality Limited · Face value ₹1 · Listed Dec 2024 · Issue price ₹643
Last close ₹538.50down ₹11.40 (2.07%)BSE ₹539.60

Share price at the NSE close on 29 Oct 2026. Previous close ₹549.90.

29 Oct: open ₹543.30, high ₹550.10, low ₹531.00

52-week range of traded prices to 29 Oct 2026
₹523.15Low, 22 Oct 2026₹793.95High, 3 Feb 2026
Market cap
₹12,576 Cr410th largest listed
P/E
Owners' profit not stated
P/B
2.28
Dividend yield
Nonein the last 12 months
ROCE
8.4%
Debt to equity
0.30
Volume, NSE
60,19965.8% delivered

Ventive Hospitality share price chart

Daily closes since Dec 2024, adjusted for splits and bonuses

−27.2%over a year · BSE Consumer Discretionary −7.2% · Nifty 500 −8.4%

Results20-session average 51,544 shares a day, 50.6% delivered

About Ventive Hospitality

Ventive Hospitality Limited owns luxury and upper-upscale (just below luxury) hotels and resorts in India and the Maldives, with a resort in Sri Lanka under development, and leases office and retail space in Pune.123 Its hotels serve business, conference, wedding and leisure guests and are run by operators including Marriott International, Hilton Worldwide, Minor Group and Atmosphere Core.14 It is based in Pune and promoted by Panchshil Realty and Blackstone.25

Its portfolio comprises 14 hotels with 2,199 keys (rooms), 1,684 of them in India, and about 3.4 million sq ft of offices and retail space.26 Its hotels include JW Marriott Pune, The Ritz-Carlton, Pune, Conrad Maldives Rangali Island, Anantara Maldives Resort, Raaya by Atmosphere, Hilton Goa Resort and Soho House Mumbai.76 It reports 3 segments: hospitality, commercial leasing of offices and a mall, and others, mainly a windmill business.8

The company was incorporated on 12 February 2002 as the hospitality arm of Panchshil Realty, a Pune real estate group.39 In 2017 Blackstone affiliates bought BRE Asia ICC Holdings, and the company listed on the stock exchanges in December 2024.910 Its acquisitions include the Anantara and Conrad resorts in the Maldives and a 76% stake in Hilton Goa Resort's owner in October 2025.1112

Its promoters at the end of March 2026 included Premsagar Infra Realty, with 37.28% of the shares, and BRE Asia ICC Holdings, with 22.31%.13 Its chairman and executive director is Atul Chordia.14

Ventive Hospitality key points

Results

  • In the year to Mar 2026, consolidated total income was ₹26,661 million, against a pro forma (restated to include acquisitions such as Hilton Goa Resort) ₹21,595 million a year earlier, and EBITDA (profit before interest, tax, depreciation and amortisation) rose 28% to ₹12,987 million.1516
  • Total consolidated profit after tax, including the share of outside owners of its subsidiaries, was ₹5,019 million in the year to Mar 2026, against a pro forma ₹483 million a year earlier.1516
  • In the quarter to Jun 2026, consolidated revenue, as the company presents it including other income, rose 7% to ₹554 crore. Consolidated EBITDA was ₹205 crore, a 37% margin, down about ₹16 crore from a year earlier, largely on Maldives fuel costs.1718
  • Total consolidated profit after tax, including outside owners' share, was ₹124 crore in the quarter to Jun 2026, after a move to the new tax regime cut the tax expense by ₹102 crore.19

Business segments

  • India hospitality. EBITDA of ₹3,374 million in the year to Mar 2026, up 24% on a pro forma year earlier. In the quarter to Jun 2026, revenue rose 13% to ₹203 crore and EBITDA 16% to ₹74 crore.202116
  • International hospitality (Maldives). EBITDA of ₹3,977 million in the year to Mar 2026, up 42% on a pro forma year earlier. In the quarter to Jun 2026, Maldives revenue rose 5% to ₹218 crore and EBITDA fell 32% to ₹32 crore, almost entirely on fuel costs.202216
  • Annuity (office and mall leasing). EBITDA of ₹4,521 million in the year to Mar 2026. In the quarter to Jun 2026, annuity revenue rose 3% to ₹128 crore and EBITDA was ₹111 crore, with 98% of space committed to tenants.2324

Hotels and keys

  • Pune. 1,164 keys, including JW Marriott Pune (415) and The Ritz-Carlton Pune (198).2526
  • Maldives. Conrad Maldives Rangali Island (151 keys), Raaya by Atmosphere (167), Anantara Dhigu (110), Anantara Veli (67) and Naladhu Private Island (20).25
  • Bengaluru, Goa and Mumbai. Aloft Bengaluru Outer Ring Road (191 keys), AC by Marriott Bengaluru Whitefield (166, being redeveloped to add 33), Hilton Goa Resort (104), Sol de Goa (21) and Soho House Mumbai (38, a 12.25% economic interest).272829
  • On its earnings call of 5 Aug 2026, the company said it controls 65% of the luxury hotel inventory in Pune.30

Debt

  • At 30 Jun 2026, total debt was ₹2,095 crore, ₹1,329 crore of it linked to Indian assets and ₹766 crore to the Maldives; net debt (debt less cash) was ₹1,514 crore, and the company states a net debt to EBITDA ratio of 1.2x.31

Expansion and capital spending

  • The company stated in its annual report for the year to Mar 2026 that it aims to add around 1,800 keys over 5 years to reach about 4,000, with about 1,400 confirmed and the other 400 to come from acquisitions.32
  • In its presentation of 4 Aug 2026, the company gave target dates of the quarter to Dec 2027 for Varanasi Marriott Hotel (161 keys), the year to Mar 2029 for Ritz-Carlton Reserve, Sahyadri Hills and the year to Mar 2030 for Soho House Delhi.33
  • The company said the promoter group's JW Marriott Navi Mumbai and 3 Moxy hotels, 1,114 keys under its right of first offer (first chance to buy), were at planning and design stage, with transfer tentatively in the year to Mar 2031.3435

What the company expects

  • On its earnings call of 5 Aug 2026, the company said it has invested around ₹60 crore in a solar plant with battery storage for its Pune hotels, due in the quarter to Mar 2027, and expects their energy bill to fall close to 45%.36
  • In its presentation of 4 Aug 2026, the company said it expects EBITDA from Hilton Goa Resort and Sol de Goa to roughly double after adding 50 keys, with the timeline to be decided and the project at planning and design stage.3728

Recent events

  • On 12 Oct 2026, the board approved appealing part of the National Company Law Tribunal's procedural order of 23 Sep 2026 on merging Eon Hinjewadi Infrastructure, Restocraft Hospitality and Wellcraft Infraprojects into the company; the merger still needs shareholder, creditor and tribunal approval.3839
  • On 8 Jul 2026, the company's investment committee approved buying all of Kelzai Eco Reserves for around ₹281 crore of equity; the deal completed in July 2026 and its resort estate is to become Ritz-Carlton Reserve, Sahyadri Hills.4041
  • On 30 Mar 2026, the company's investment committee approved buying, through subsidiaries, 50.02% of Narmada Estates, which owns land near The Ritz-Carlton, Pune, and 100% of Sun Leisure (India), owner of Sol de Goa; both deals completed after March 2026.424344

Last updated

All 44 sources, each with its page
  1. 1. Annual report, 3 Aug 2026, page 43
  2. 2. Annual report, 3 Aug 2026, page 6
  3. 3. Annual report, 3 Aug 2026, page 158
  4. 4. Annual report, 3 Aug 2026, page 21
  5. 5. Annual report, 3 Aug 2026, page 80
  6. 6. Annual report, 3 Aug 2026, page 43
  7. 7. Annual report, 3 Aug 2026, page 14
  8. 8. Annual report, 3 Aug 2026, page 188
  9. 9. Annual report, 3 Aug 2026, page 43
  10. 10. Annual report, 3 Aug 2026, page 9
  11. 11. Annual report, 3 Aug 2026, page 9
  12. 12. Annual report, 3 Aug 2026, page 52
  13. 13. Annual report, 3 Aug 2026, page 178
  14. 14. Annual report, 3 Aug 2026, page 5
  15. 15. Annual report, 3 Aug 2026, page 46
  16. 16. Annual report, 3 Aug 2026, page 81
  17. 17. Earnings call, 5 Aug 2026, page 5
  18. 18. Earnings call, 5 Aug 2026, page 6
  19. 19. Earnings call, 5 Aug 2026, page 7
  20. 20. Annual report, 3 Aug 2026, page 46
  21. 21. Earnings call, 5 Aug 2026, page 3
  22. 22. Earnings call, 5 Aug 2026, page 4
  23. 23. Annual report, 3 Aug 2026, page 46
  24. 24. Earnings call, 5 Aug 2026, page 4
  25. 25. Investor presentation, 4 Aug 2026, page 7
  26. 26. Investor presentation, 4 Aug 2026, page 16
  27. 27. Investor presentation, 4 Aug 2026, page 7
  28. 28. Investor presentation, 4 Aug 2026, page 24
  29. 29. Investor presentation, 4 Aug 2026, page 35
  30. 30. Earnings call, 5 Aug 2026, page 8
  31. 31. Earnings call, 5 Aug 2026, page 7
  32. 32. Annual report, 3 Aug 2026, page 47
  33. 33. Investor presentation, 4 Aug 2026, page 24
  34. 34. Investor presentation, 4 Aug 2026, page 24
  35. 35. Earnings call, 5 Aug 2026, page 5
  36. 36. Earnings call, 5 Aug 2026, page 4
  37. 37. Investor presentation, 4 Aug 2026, page 25
  38. 38. Exchange filing, 12 Oct 2026, page 1
  39. 39. Exchange filing, 24 Sep 2026, page 1
  40. 40. Exchange filing, 8 Jul 2026, page 1
  41. 41. Earnings call, 5 Aug 2026, page 4
  42. 42. Exchange filing, 30 Mar 2026, page 1
  43. 43. Exchange filing, 30 Mar 2026, page 4
  44. 44. Annual report, 3 Aug 2026, page 52

Results

Consolidated; ₹ crore.Ventive Hospitality quarterly results

Quarter to Jun 2026, against the quarter before

Revenue
₹543 Crdown 30.30%
Net profit
₹124 Crdown 52.10%
Net margin
22.9%

Revenue by quarter

₹534 CrDec 24₹698 CrMar 25₹507 CrJun 25₹489 CrSep 25₹685 CrDec 25₹779 CrMar 26₹543 CrJun 26
Peak revenue ₹779 Cr, quarter to Mar 2026; lowest ₹489 Cr, quarter to Sep 2025

Net profit by quarter, a loss in red

₹35 CrDec 24₹151 CrMar 25₹38 CrJun 25₹64 CrSep 25₹140 CrDec 25₹259 CrMar 26₹124 CrJun 26
₹ croreDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue534698507489685779543
Net profit351513864140259124
Net margin6.5%21.7%7.5%13.1%20.5%33.3%22.9%
Consolidated. The 7 quarters from Dec 2024, the first on record. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Hospitality₹1,957 Crup 61.39%79.2%
  • Commercial Leasing₹503 Crup 28.41%20.3%
  • Others₹12 Cr0.5%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Not shown, P/E: a quarter's profit for shareholders does not agree with its own earnings per share. Dividend yield is not shown: no dividend in the years on record.Ventive Hospitality PE ratio and valuation

Price to book

At or below today's level on 0.4% of 247 trading days over the last year.

LowestHighest
Its median2.82Industry median1.60

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−23.0%––0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E over 1 year are left empty: the earnings per share stated for one end does not match that year's profit and share count, and no share count is on record to work it out.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Ventive Hospitality shareholding pattern

Shareholding by group

  • Promoters88.98%
  • Foreign institutions1.17%
  • Indian institutions5.21%
  • Individuals and others4.65%
Holder
PREMSAGAR INFRA REALTY PRIVATE LIMITEDPromoter37.28%
BRE ASIA ICC HOLDINGS LTDPromoter22.31%
BREP ASIA III INDIA HOLDING CO VI PTE. LTD.Promoter10.05%
PANCHSHIL INFRASTRUCTURE HOLDINGS PRIVATE LIMITEDPromoter4.17%
PANCHSHIL REALTY AND DEVELOPERS PRIVATE LIMITEDPromoter3.91%
BALEWADI TECHPARK PRIVATE LIMITEDPromoter3.84%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Promoters have pledged 36.36% of their shares. Since Jun 2026: promoters unchanged, foreign institutions −0.04 pts, Indian institutions unchanged, mutual funds unchanged.

The filing reports 4,67,08,390 of its 23,35,41,608 shares locked in.

Mutual fund holdings

9 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before.

Added
1
Held unchanged
8
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 30 Oct 2025.Ventive Hospitality insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Promoters and promoter group: no market trade · 5 pledge filings of unclear kind
  • Others: no market trade
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Ventive Hospitality competitors and peers

Hotels & Resorts, 73 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Ventive Hospitality in market cap.Consumer services companies

Ventive Hospitality is not on the chart: it has no P/E or return on equity today

Return on equity across, P/E up, size is market cap
Company
ITC Hotels logoITC HotelsITCHOTELS35,27037.833.00––8.2%9.6%0.59%
Leela Palaces Hotels & Resorts logoLeela Palaces Hotels & ResortsTHELEELA21,37046.163.26––7.3%8.7%0.00%
EIH logoEIHEIHOTEL18,42925.903.50+8.3%+4.5%14.4%16.3%0.51%
Chalet Hotels logoChalet HotelsCHALET17,85833.824.83+6.0%+85.3%15.7%13.7%0.25%
Lemon Tree Hotels logoLemon Tree HotelsLEMONTREE8,82137.576.34+10.5%+9.2%18.4%13.7%0.00%
India Tourism Development Corporation logoIndia Tourism Development CorporationITDC5,21863.4612.34−9.4%+3.5%20.9%20.4%0.48%
Juniper Hotels logoJuniper HotelsJUNIPER4,35926.281.52+11.5%+141.7%5.9%8.9%0.00%
Mahindra Holidays & Resorts India logoMahindra Holidays & Resorts IndiaMHRIL3,72867.684.71+7.4%−59.0%7.2%8.7%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Latest announcements

Routine notices left out.Ventive Hospitality announcements

Ventive Hospitality share price by year

Each calendar year to 2025.Ventive Hospitality share price history

YearClose at year endChangeHighest closeLowest close
2025762.90+6.0%825.60557.40
2024719.85–719.85704.35
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2024 is from its first session, 30 Dec 2024.

Recent sessions

The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
28 Oct 2026545.50558.45539.55549.90548.2116,12422.5%
27 Oct 2026541.00553.25529.80543.55540.881,10,45339.5%
26 Oct 2026551.00553.15530.35541.85538.9364,13160.3%
23 Oct 2026555.40568.00524.10556.65555.162,82,46811.8%
22 Oct 2026558.45575.00523.15546.95536.6868,82259.9%
21 Oct 2026558.45585.00532.00542.40560.801,28,32827.0%
19 Oct 2026556.00566.00552.00558.45559.3310,12351.5%
16 Oct 2026550.70566.00548.05561.20557.6815,32658.3%
15 Oct 2026551.15557.95547.55550.70554.8563,83285.1%
Prices in ₹ per share as traded, not adjusted.

Company details

Chairperson
ATUL ISHWARDAS CHORDIA
At the end of the quarter to Sep 2026
NSE symbol
VENTIVE
BSE code
544321
ISIN
INE781S01027
Industry
Leisure Services
CIN
L45201PN2002PLC143638
Corporate identity number, the registrar of companies' code for it
Incorporated
2002
Registered office
Tower D, Tech Park One, 2nd Floor, Yerwada, Pune 411006, Maharashtra
Share registrar
KFin Technologies Ltd
Keeps the register of shareholders and handles transfers and dividend payments