Ventive Hospitality Limited · NSE:VENTIVE
Ventive Hospitality — Q2 FY2026 Earnings Presentation
34 slides from Ventive Hospitality's earnings presentation, Nov 13, 2025
Slide 1: Regulation 30 intimation to stock exchanges
November 13, 2025 To, To, National Stock Exchange of India BSE Limited Corporate Service Corporate Relationship Department Exchange Plaza, 1st Floor, New Trading Ring, Bandra Kurla Complex, Rotunda bldg., P.J. Towers, Bandra (East), Mumbai -400051 Dalal Street, Mumbai- 400001 NSE Symbol: VENTIVE Scr
Slide 2: Q2 FY 2026 Earnings Update
Q2 FY 2026 Earnings Update November 2025 1 Ocean Pool House Deck, Anantara - Naladhu
Slide 3: Disclaimer
Disclaimer All subsidiaries were acquired in August 2024; therefore, the numbers presented in this presentation are based on proforma financial statements for FY25 unless otherwise specified. Certain statements in this release concerning our future prospects are forward-looking statements. Forward-l
Slide 4: Q2 FY26 Financial Highlights
Q2 FY26 Financial Highlights Sustained Double-Digit Growth: EBITDA Up 50%, Margin Expands to 46% on Strong India and Maldives Performance Hospitality Revenue Breakup Consolidated(1) Hospitality Annuity (INR Mn) India International YOY GROWTH YOY GROWTH YOY GROWTH YOY GROWTH Room F&B Others Revenue (
Slide 5: Q2 FY26 Consolidated Hospitality KPIs
Q2 FY26 Consolidated Hospitality KPIs Robust Pricing and F&B Momentum: ADR Up 9%, Driving 15% TRevPAR Growth in a seasonally weak quarter ADR (INR) Occupancy (%) RevPAR (INR) TRevPAR (INR) 61.5 63.0 10,572 16,779 15,363 9,451 19,715 +1.5% +9% +12% 17,203 +15% Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 Q2 FY25
Slide 6: Q2 FY26 India Hospitality KPIs
Q2 FY26 India Hospitality KPIs Pricing Power Continues: ADR Up 12%, TRevPAR Up 14% ADR (INR) Occupancy (%) RevPAR (INR) TRevPAR (INR) 65.1 66.0 7,486 11,335 13,630 +0.9% 6,596 10,130 +13% 12,006 +12% +14% Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 5
Slide 7: Q2 FY26 International Hospitality KPIs
Q2 FY26 International Hospitality KPIs Maldives Momentum: Occupancy Up 4% points, same-store TRevPAR Up 9% YoY Occupancy (%) TRevPAR (INR) 54.2 43,619 49.7 39,918 45.8 37,687(1) +9% +3.9% Q2 FY25 Q2 FY26 Q2 FY26 Q2 FY25 Q2 FY26 Q2 FY26 Same Store Incl. Raaya Same Store Incl. Raaya (1) Effective Janu
Slide 8: Q2 FY26 Annuity KPIs
Q2 FY26 Annuity KPIs Stable Cash Flows: 98% Committed Occupancy and 90% EBITDA Margin Sustained Rent (INR psf/m) Committed Occupancy (%) 96 98 120 117* -2% +2% Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 *The decline is due to exceptional income in the prior period. 7
Slide 9: H1 FY 2026 Financial Highlights
H1 FY 2026 Financial Highlights 8 8 Beach Pool Residence, Anantara - Naladhu
Slide 10: H1 FY26 Financial Highlights
H1 FY26 Financial Highlights Growth Across Hospitality Segments: EBITDA Up 31%, Hospitality Business Leads the Surge Hospitality Revenue Breakup Consolidated(1) Hospitality Annuity (INR Mn) India International YOY GROWTH YOY GROWTH YOY GROWTH YOY GROWTH Room F&B Others (2) 11% Revenue 342 9% 424 INR
Slide 11: H1 FY26 Consolidated Hospitality KPIs
H1 FY26 Consolidated Hospitality KPIs Healthy Pricing Power: ADR Up 9%, TRevPAR Up 14% Supported by F&B Growth ADR (INR) Occupancy (%) RevPAR (INR) TRevPAR (INR) 11,059 60.9 61.0 18,081 10,098 20,287 16,589 +0.1% +10% 17,831 +9% +14% H1 FY25 H1 FY26 H1 FY25 H1 FY26 H1 FY25 H1 FY26 H1 FY25 H1 FY26 Ra
Slide 12: H1 FY26 India Hospitality KPIs
H1 FY26 India Hospitality KPIs Resilient Domestic Performance: ADR Up 11%, TRevPAR Up 13% Despite Flat Occupancy ADR (INR) Occupancy (%) RevPAR (INR) TRevPAR (INR) 63.7 63.3 7,154 13,290 11,300 11,733 -0.4% 6,478 10,167 +13% +11% +10% H1 FY25 H1 FY26 H1 FY25 H1 FY26 H1 FY25 H1 FY26 H1 FY25 H1 FY26 1
Slide 13: H1 FY26 International Hospitality KPIs
H1 FY26 International Hospitality KPIs Sustained International Upswing: Occupancy Up 3% points, same-store TRevPAR Up 10% YoY Occupancy (%) TRevPAR (INR) 51.8 54.0 48.4 48,957 +3.3% 44,484 +10% 40,951(1) H1 FY25 H1 FY26 H1 FY26 H1 FY25 H1 FY26 H1 FY26 Same Store Incl. Raaya Same Store Incl. Raaya (1
Slide 14: H1 FY26 Annuity KPIs
H1 FY26 Annuity KPIs Reliable Annuity Performance: 98% Committed Occupancy and Steady Rentals Drive Cash Stability Rent (INR psf/m) Committed Occupancy (%) 96 98 118 117* -1% +2% H1 FY25 H1 FY26 H1 FY25 H1 FY26 *The decline is due to exceptional income in the prior period. 13
Slide 15: Debt Position
Total Gross Debt (INR Mn) Debt Position: Steady Deleveraging: Net Debt Down ₹331 Mn QoQ 35,727 INR Mn 23,055 21,298 SEPTEMBER 30, 2025 JUNE 30, 2025 Consolidated Gross Debt 21,298 21,883 Pre-IPO 31st March 2025 30th Sep 2025 Cash & Cash Equivalent 4,840 5,094 INR Debt (INR Mn) USD Debt ( INR Mn) Con
Slide 16: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement (1) INR Mn Q2 FY26 Q2 FY25 CHANGE YOY% H1 FY26 H1 FY25 CHANGE YOY% Revenue from Operations 4,893 4,114 19% 9,968 8,464 18% Other Income 652 232 181% 776 295 163% Total Income 5,545 4,346 28% 10,744 8,759 23% Total Expenditure 2,997 2,651 13% 5,994 5,120 17% EBITD
Slide 17: Company Overview
Company Overview 16 JW Marriott, Pune
Slide 18: India's Largest Luxury Focused Hospitality Platform
India’s Largest Luxury Focused Hospitality Platform 80% LUXURY FOCUS (1) 12 2,140 KEYS HOTELS 3COUNTRIES ₹13,630 / $436 Q2 FY26 TREVPAR IN INDIA / MALDIVES 3.4 Msf | 98% ANNUITY AREA & Q2 COMMITTED OCCUPANCY (1) 80% of Company’s FY25 revenue was contributed by 5 luxury properties 17
Slide 19: Strategic Alliances With Top Tier Brands
Strategic Alliances With Top Tier Brands Strong Sales & High Repeat Operational Distribution Business Excellence DIGITAL STRATEGIES FOR DEEPER LOYALTY PLATFORMS POWERED BY ENHANCED PRODUCTIVITY THROUGH CUSTOMER RELATIONSHIPS CUTTING EDGE TECHNOLOGY STREAMLINED PROCESSES •Global, regional and propert
Slide 20: Portfolio structured to deliver holistic growth
Well-Ringfenced, Portfolio structured to Geographically Diversified deliver holistic growth ASSETS IN INDIA AND MALDIVES Caters to Leisure as well as Integrated Commercial & Retail Business Travelers Assets Feed the Hotel Business and HOTELS KEYS Generate Steady Annuity Income ANNUITY MSF • JW Marri
Slide 21: Curating differentiated guest experiences
Curating differentiated guest experiences Ukiyo – Best Japanese Paasha – Best Rooftop Restaurant, Ritz Carlton Restaurant, JW Marriott Market Highlights of our F&B Portfolio 70+ Leading F&B Offerings • Multiple award-winning restaurants across the portfolio • 7 of our restaurants feature in the list
Slide 22: Longer Term Growth Strategy
Longer Term Growth Strategy 21 Ithaa Undersea Restaurant, Conrad - Rangali
Slide 23: Key enablers of long-term growth
Key enablers of long-term growth 1 Increasing Demand • Rising inbound as well as outbound tourism • Increased demand for hotel rooms in Pune and Bengaluru due to new GCC / industrial set ups • Improved access and greater business activity due to upgraded airports in Pune & Male; Upcoming Navi Mumbai
Slide 24: Development pipeline
Development pipeline Eight Hotels | 1,582 Keys | India and Sri Lanka Assets being developed by Ventive Hospitality Four Hotels | 468 Keys SRI LANKA VARANASI BENGALURU MUNDRA Render Render Render Render Pottuvil, a Ritz-Carlton Reserve Varanasi Marriott Hotel AC by Marriott Courtyard by Marriott Mund
Slide 25: Development pipeline: ROFO assets
Development pipeline ROFO Assets being developed by Promoter Group Four Hotels | 1,114 Keys Moxy Pune Wakad Moxy Pune Kharadi JW Marriott Navi Mumbai 264-key hotel part of a mixed-use 200-key hotel for new age business development travelers 450-key development near Navi Mumbai International Airport
Slide 26: Inorganic growth Opportunities
Inorganic growth Opportunities Capacity Pipeline • Robust free cashflow generation; Strong balance sheet Multiple o Multiple acquisitionAcquisition evaluation opportunities under • Debt paydown after IPO -> Headroom for Leverage Opportunities • India portfolio debt can be attributed to annuity under
Slide 27: Development + Acquisition strategy has driven 2x growth over last 5 years
Development + Acquisition strategy has driven 2x growth over last 5 years Vision: To repeat this growth over the next 5 years 1,900+ 4,000+ 400+ 1,582 2,140 104 167 166 191 546 200 115 415 NO. OF KEYS 153 83 2007 2009 2010 2013 2016 2019 2021 2023 2024 2025 Completed Current Pipeline Total Keys Port
Slide 28: Ventive's First Acquisition Hilton Goa Resort
Ventive’s First Acquisition Hilton Goa Resort Ventive’s strategic entry into India’s leading leisure market through a high-value, upper-upscale asset. Basic Details Key Performance Metrics FY25 Name Hilton Goa Resort ADR (Rs.) 11,873 ➢ Strategic Goa Entry Keys Room Size Occupancy % 76% 104 ~55 sq.m
Slide 29: Ventive - Soho House India Strategic Acquisition Overview
Ventive - Soho House India Strategic Acquisition Overview Ventive’s partnership with Soho House marks its strategic expansion into membership-led hospitality Transaction Overview Soho House Mumbai Soho House Delhi Keys Keys 38 24 Exclusive rights for Soho House India Location Location Juhu, Mumbai M
Slide 30: ESG, Awards & Notes
ESG, Awards & Notes 29 Aasmana Rooftop Lounge & Bar, Ritz Carlton, Pune
Slide 31: Environmental & Social Initiatives
Environmental & Social Initiatives 1 Energy Initiatives 2 Preserving Environment CoralAgainst Dive planting at Conrad Debris • The Ritz Carlton Pune certified by U.S Green Building • Conrad Maldives Rangali Island earned PADI Eco Council and has received Platinum LEED v4.1 in June Center certificati
Slide 32: Awards & Accolades
Awards & Accolades 1 India Awards 2 Maldives Awards Awarded to Tao-Fu, JW Marriott Pune • Tao-Fu at JW Marriott Pune awarded at TripAdvisor's • Ithaa Undersea Restaurant at Conrad Maldives Rangali Travellers Choice Awards 'Best of the Best Island awarded at TripAdvisor Travellers’ Choice Best of Res
Slide 33: Board of Directors
Board of Directors Atul I. Chordia Asheesh Mohta Nipun Sahni • Founder of Panchshil Realty • Senior Managing Director and Head of • Advisor at Apollo Global Management & Real Estate, India at Blackstone Founder of Rezone Investments • Awarded the Hoteliers Award – Developer of the Year, Asia One-Wor
Slide 34: Notes & Definitions
TERM DEFINITION Q2/Three Months ended Quarter ending September 2025 Notes & H1 Half year ending September 2025 Definitions M sf Million square feet Average Room Rate or ARR or Average room rate, being room revenues (plus service charges with respect to our Maldives hospitality assets) ADR during a g
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