Hotels & Restaurants · VENTIVE
Hotels
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Ventive Hospitality reported an EBITDA decline of 7% YoY to INR1.9b in 1QFY27, below estimates. We reiterate our BUY rating with a target price of INR750 based on FY28E SoTP, factoring in the expected recovery in the international business in 2HFY27.
Ventive Hospitality reported an EBITDA decline of 7% YoY to INR1.9b in 1QFY27, impacted by international headwinds that outstripped a resilient India performance. We reiterate our BUY rating with a TP of INR750 based on FY28E SoTP, factoring in an expected recovery in the international business in 2HFY27.
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