Advani Hotels & Resorts (India) Limited approved the unaudited standalone financial results on May 23, 2025, for the quarter and full year ended March 31, 2025.
Financial Performance Summary
| Particulars (INR in Lakhs) | Q4 FY25 | Q4 FY24 | FY25 | FY24 |
|---|---|---|---|---|
| Total Income | 3,457 | 3,353 | 11,121 | 10,844 |
| Operating Expenses | 1,840 | 1,825 | 7,279 | 7,152 |
| EBITDA | 1,617 | 1,528 | 3,842 | 3,692 |
| EBITDA Margin (%) | 46.8% | 45.6% | 34.5% | 34.0% |
| Profit Before Tax | 1,539 | 1,438 | 3,530 | 3,349 |
| Income Tax (including Deferred Tax) | 392 | 379 | 886 | 854 |
| Profit After Tax | 1,147 | 1,059 | 2,644 | 2,496 |
| Total Room Nights Sold (Numbers) | 14,755 | 15,471 | 56,380 | 57,685 |
| Occupancy (%) (on available rooms for sale) | 84.1% | 87.6% | 82.0% | 83.9% |
| Total Revenue per occupied room per night (TRevPOR) (INR) after subtracting taxes | 23,432 | 21,675 | 19,724 | 18,798 |
| Liquid Fund Reserves (including Fixed Deposits) | – | – | 5,066 | 4,488 |
Key performance indicators for Q4 and FY25
- During FY25, total income improved on a year-on-year basis by 2.6%. This was despite a decrease in demand for Goa as a destination, due to domestic tourists travelling overseas and a reduction in foreign tourists visiting Goa.
- EBITDA margin improved to 34.5% in FY25 compared to the previous year.
- The hotel recorded an average occupancy of 82.0% for the year versus 83.9% last year. Although occupancy reduced marginally, total income increased as the Total Revenue Per Occupied Room per night (TRevPOR) rose to INR 19,724 from INR 18,798 last year. This is the preferred way to grow total revenue.
- The Company remains debt-free, with Liquid Fund Reserves (including Fixed Deposits) standing at INR 5,066 lakhs as of March 31, 2025.
- Cash generation from operations (before tax) remains healthy at INR 3,016 lakhs for FY25.
- The Before Tax Return on Equity (attributable to owners) was robust at 43%, among the highest in the hospitality industry.
- Return on Assets stood at 25.5%, also one of the highest in the hospitality sector.
- The Cash Conversion Cycle of the Company is healthy at minus 4.3 days.
- The Company declared a second interim dividend of 45%, i.e., INR 0.90 per share, resulting in a payout of INR 832 lakhs on the enhanced paid-up capital post the 1:1 bonus issue in FY24.
- Considering the first interim dividend of 50% declared earlier and the 45% dividend declared now, the total payout of INR 1,756 lakhs is the highest dividend payout in the Company’s history.
- The Company continues to reward shareholders with a dividend payout of 66% of net profit, one of the highest percentages in the industry.
Management Commentary
Commenting on the results, Sunder G. Advani, Chairman & Managing Director of Advani Hotels & Resorts (India) Limited said: “We are excited to report that the revenue for FY25 has set a new record as the highest ever Q4 and full-year revenue in the history of the Company. Our Company has achieved the highest return on equity measured in profit before tax of all listed companies in hospitality. This achievement reflects consistent revenue growth with the Total Revenue Per Occupied Room per night (TRevPOR). As we move ahead, we are optimistic about our future and remain committed to enhancing our value proposition for our guests.”
