Ventive Hospitality Limited · NSE:VENTIVE
Ventive Hospitality — Q3 FY2025 Earnings Presentation
24 slides from Ventive Hospitality's earnings presentation, Feb 12, 2025
Slide 1: Regulation 30 intimation to stock exchanges
Date: February 12, 2025 To, National Stock Exchange of India Limited BSE Limited Exchange Plaza, C‐1, Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 Symbol: VENTIVE Scrip Code: 544321 Subject: Intimation under Regulation 30 of the S
Slide 2: Investor Presentation | Q3 FY 2025
INVESTOR PRESENTATION | Q3 FY 2025 12TH FEBRUARY 2025 1
Slide 3: Disclaimer
DISCLAIMER This presentation prepared and issued by VHL for general information purposes only without regards to specific objectives, financial situations or needs of any particular person and should not be construed as legal, tax, investment or other advice. This presentation is not a prospectus, a
Slide 4: 1. Portfolio Overview
1.Portfolio Overview Conrad Rangali Island 3
Slide 5: The Largest Luxury Focused Hospitality Platform
THE LARGEST LUXURY FOCUSED HOSPITALITY PLATFORM Portfolio – Key Stats 11 2 Hotels Countries 2k + 3.4 Msf 80% Keys + Annuity Area Luxury Focus(1) Rs 22k/ $257 95% Q3 FY25 ARR Q3 FY25 Annuity Occupancy 1. 80% of hospit alit y re ve nue is cont ribut e d by Luxury asse t s 4
Slide 6: Ventive Hospitality: Q3 FY25 Executive Summary
VENTIVE HOSPITALITY: Q3 FY25 EXECUTIVE EXECUTIVE SUMMARY SUMMARY IPO Raise (Dec’24) Consolidated EBITDA (Rs. M) Net Debt (Rs. M) Interest cost reduced by 210bps through refinancing Maldives debt 2,776 31,990 10x+ 50k+ +31% 46% Reduction Subscription Investors 2,115 17,317 Rs 16,000M 100% IPO Raise P
Slide 7: Strong Track Record of Accretive Brownfield and Greenfield Development
STRONG TRACK RECORD OF ACCRETIVE BROWNFIELD AND GREENFIELD DEVELOPMENT # of keys 167 2,036 166 191 546 DoubleTree by Hilton, Pune 200 115 415 153 83 2007 2009 2010 2013 2016 2019 2021 2023 2024 Completed Keys Operational Keys Acquisitions New Developments 6
Slide 8: 2. Hospitality Macro
2.Hospitality Macro Aasmana: The Ritz-Carlton 7 77
Slide 9: Indian Hospitality Supply: Underpenetration
INDIAN HOSPITALITY SUPPLY: GROWING TRAVEL AND INDIAN HOSPITALITY - UNDERPENETRATION TOURISM Existing stock of India, especially in Ventive markets(1) is significantly low No near-term luxury supply expected in Pune however office absorption is strong (6.9M sf in CY24, +23% YoY) Low Penetration in In
Slide 10: Indian Hospitality - Growing Travel and Tourism
INDIAN HOSPITALITY - GROWING TRAVEL AND TOURISM Rising foreign and domestic travel to boost hospitality demand FTA projected to grow by 9% Growing Domestic Air Traffic Air Infra Upgrades Foreign Tourist Arrivals (in millions) Domestic Air Passengers (in millions) (Near Pune) 30.4 163 7% 152 9% 144 C
Slide 11: Maldives - Growing Travel and Tourism
MALDIVES - GROWING TRAVEL AND TOURISM Maldives has a diverse pool of demand from across the globe 3x expansion airport capacity expansion with new airport expected to open in H2’25 Growing Foreign Tourist Arrivals Diversified Customer Base (in millions) 1 (% Share In Arrivals in CY24)1 UNITED KINGDO
Slide 12: 3. Financial Performance
3. Financial Performance Unwind at Rangali Bar, Conrad 11
Slide 13: Financial Highlights – Q3 FY25
FINANCIAL HIGHLIGHTS – Q3 FY25 Strong performance in the quarter with 33% growth in Hospitality EBITDA 31% growth in overall consolidated EBITDA Financial Highlights Hospitality Revenue (Rs M) Other Revenue Rs 393 9% Consolidated Hospitality F&B Revenue 15% 12% 36% Revenue Rs 5,664 M Rs 4,200 M Rs 1
Slide 14: Ventive Hospitality KPIs: India
VENTIVE HOSPITALITY KPIs INDIA HOSPITALITY KPIs ADR (Rs.) Occupancy (%) RevPAR (Rs.) 64% 7,181 11,275 +9% +12% 10,378 200bps 62% 6,418 Q3 FY24 Q3 FY25 Q3 FY24 Q3 FY25 Q3 FY24 Q3 FY25 13
Slide 15: Ventive Hospitality KPIs: Maldives
VENTIVE HOSPITALITY KPIs MALDIVES HOSPITALITY KPIs Occupancy (%) TRevPAR (Rs.) 69,906 +11% 59% 63,124 56% Q3 FY24 Q3 FY25 Q3 FY24 Q3 FY25 14
Slide 16: Significant Debt Headroom
SIGNIFICANT DEBT HEADROOM With low leverage, Ventive has significant headroom for growth Rs Debt (Rs M) USD Debt (Rs /$ M) Total Debt (Rs M) Rs 6,719M Rs 7,954M Rs 14,673M Reduction Reduction Reduction 21,089 35,727 $171M 14,638 14,370 $78M 21,054 6,684 Pre-IPO Post-IPO Pre-IPO Post-IPO Pre-IPO Post
Slide 17: 70+ F&B Offerings
70+ F&B OFFERINGS Our Top F&B Offerings Leveraging our F&B Experience Ithaa, Conrad – World’s first Alto Vino – Best Italian Premium Spice Kitchen – Best Buffet undersea restaurant Dining Restaurant Multiple award-winning restaurants across the portfolio 6 out of 10 Pune’s top restaurants in our por
Slide 18: Growth Pipeline
GROWTH PIPELINE Bengaluru Varanasi Sri Lanka Expansion + Development Brownfield Development Greenfield Development Conversion of brand Strategically located near Located near Yala East airport National Park 17
Slide 19: 4. Governance and Others
4.Governance and Others Dhoni Bar, Anantara 18
Slide 20: ESG
ESG 50%+ green energy(1) (incl installed solar panels & windmill) Offering Internship programs to local Maldivian students Targeting 75% energy consumption through green sources by FY28 Recruiting people with disabilities – In process People Energy Centric EV-charging machines at key hotels Ini
Slide 21: Board of Directors
BOARD OF DIRECTORS Atul I. Chordia Tuhin Parikh Founder of Panchshil Realty Head of Blackstone Real Estate India Awarded the Hoteliers Award – Developer of the Year, Director, Nexus Select Mall Management Private Asia One-World’s Greatest Leaders Limited Nipun Sahni Bharat Khanna Advisor a
Slide 22: Portfolio Overview
PORTFOLIO OVERVIEW HOTELS LOCATION POSITIONING KEYS (#) JW MARRIOTT SHIVAJINAGAR, PUNE LUXURY 415 THE RITZ-CARLTON YERWADA, PUNE LUXURY 198 ANANTARA DHIGU, VELI AND NALADHU MALDIVES LUXURY 197 CONRAD RANGALI, MALDIVES LUXURY 151 RAAYA BY ATMOSPHERE RAAYA, MALDIVES LUXURY 167 MARRIOTT SUITES KOREGAON
Slide 23: Financial Highlights – 9M FY25
FINANCIAL HIGHLIGHTS – 9M FY25 Strong YTD performance with 46% growth in Hospitality EBITDA and 33% growth in overall consolidated EBITDA Financial Highlights Hospitality Revenue (Rs M) Other Revenue Rs 995 10% Consolidated Hospitality F&B Revenue Revenue Rs 14,423 M 17% Rs 10,198 M 13% Rs 3,614 35%
Slide 24: General Notes & Definitions
GENERAL NOTES & DEFINITIONS Term Definition Notes: 3Q/Q3/Three Months ended Quarter ending Dec’24 • All figures in this presentation are as of Dec 31, 2024, unless otherwise K/M/B Thousands / Millions / Billions specified M sf Million square feet • All subsidiaries were acquired in August 2024; ther
Ventive Hospitality — Q3 FY2025 Earnings Presentation on 6ix