Event Type: Q2 FY27 Earnings Conference Call discussing unaudited financial results (standalone and consolidated) for quarter and half year ended September 30, 2026.

Date and Time: The call was held on Tuesday, November 03, 2026, at 3:30 P.M. (IST).

Purpose: Discussion of quarterly financial results and business performance updates.

Management Participants:

  • Mr. Ranjit Batra – Chief Executive Officer
  • Mr. Paresh Bafna – Chief Financial Officer
  • Mr. Shoaib Shariff – Investor Relations
  • Ms. Aishwarya VR – Investor Relations

Availability of Materials: The transcript and audio recordings of the earnings conference call were made available on the company website at https://www.ventivehospitality.com/transcript-audio-recordings-of-earnings-conference-call/.

Compliance Statement: The management indicated that forward-looking statements made during the call constitute management estimates based on certain assumptions and have not been subjected to audit review examination procedures. The company does not guarantee these statements and is not obliged to update them at any time.

Financial Period Discussed: Q2 FY27 (quarter ended September 30, 2026) and H1 FY27 (half year ended September 30, 2026).

Key Financial Highlights from Call:

  • Operating revenue grew 13% YoY in Q2 FY27
  • Operating EBITDA grew 11% YoY in Q2 FY27
  • India operating revenue: INR207 crores (11% growth)
  • India operating EBITDA: INR80 crores (8% growth) at 39% margin
  • Maldives revenue: INR213 crores (20% growth)
  • Maldives operating EBITDA: INR30 crores (25% growth)
  • Annuity revenue: INR131 crores (5% growth) at 90% margin
  • Consolidated revenue: INR582 crores (5% growth)
  • Cash profit: INR190 crores (16% growth)
  • Reported PAT declined 47% YoY due to higher depreciation (INR102 crores vs INR79 crores)
  • Gross debt: INR2,366 crores
  • Cash balance: INR507 crores
  • Net debt: INR1,859 crores
  • Net debt to EBITDA: 1.6x

Operational Metrics:

  • India ADR: INR12,629 (11% growth)
  • India occupancy: 68% (2 points increase)
  • India RevPAR: INR8,606 (15% growth)
  • India TRevPAR: 14% growth
  • Maldives TRevPAR: INR45,000 (20% growth)
  • Maldives occupancy: 57% (3 points increase)
  • Annuity committed occupancy: 98% across 3.4 million square feet

Strategic Updates:

  • Over 1,500 keys under development
  • AC by Marriott Whitefield conversion progressing toward Q1 FY28 opening
  • Varanasi Marriott progressing toward Q3 FY28 opening
  • Sahyadri Hills (India's first Ritz-Carlton Reserve) with FY29 launch timeline
  • Solar program across Raaya, Conrad, and Anantara resorts in Maldives progressing
  • Raaya expected to run generator-free for 17 hours daily starting January 2027

Forward-looking Statements:

  • Expecting strong H2 performance driven by wedding season in India and high season in Maldives
  • India H2 occupancy expected north of 70% with ADR north of INR14,500
  • Q3 already has 67% of forecasted revenue on books
  • Expecting mid-teen revenue and EBITDA growth in H2
  • 70%-plus occupancy expected in H2

Additional Notes Section

Attachments: The disclosure includes the complete transcript of the earnings conference call.

Financial Data Disclosure: The announcement itself did not contain financial data, but refers to the published financial results and investor presentation that were already filed with exchanges and available on the company website.