Advani Hotels in focus after reporting 110% YoY increase in revenue in Q3

A hospitality company with a 5-star resort in Goa is in focus after it jumped up to 4 percent after reporting its Q3 results with robust revenue growth and turnaround from loss to profit.

Stock Price Movement

With a market capitalization of Rs. 600 Crore, the stock of Advani Hotels & Resorts India opened at Rs. 65.40 up 3.61 percent from yesterday’s close, and the opening is also the intraday high of the Stock. Additionally, the 1 month’s return for the stock is 3 percent, and the past five year’s return is an impressive 123 percent. 

Q3FY25 Results

The company reported an 8.82 percent YoY increase in revenue from Rs. 32.28 Crore in Q3FY24 to Rs. 35.13  Crore in Q2FY25. On a QoQ basis, the company reported an increase of 110.35 percent in revenue from Rs. 16.70 Crore in the previous quarter.

Their Net profit saw an increase of 28.06 percent YoY from Rs. 9.30 Crore to Rs. 11.91 Crore for the same period. On a QoQ basis, the company reported a turnaround from a Rs.0.56 crore loss to Net Profit in the previous quarter.

During Q3 FY25, the hotel recorded an average occupancy of 84.9% vs 85.4% last year. Instead of growth driven by occupancy, their growth was propelled by an increase in the Total Revenue per Occupied Room per night, which increased during Q3 FY25 to Rs. 24,065 vs Rs. 21,783 last year, reflecting a growth of 10.5%.

The Company has declared a dividend of 50% i.e. INR 1/- per share, which will result in a pay-out of Rs.  9.42 Crore.

Also read: Recycling stock crashes 19% after reporting 18% YoY decline in net profit in Q3

Outlook on the hospitality industry

Goa is moving away from mass tourism and attracting visitors who spend more and support the local economy. Experts believe it can become a top luxury destination like some places in Southeast Asia. The government is working to improve roads, transport, and other facilities to make Goa more appealing to high-end travelers.

About the Company

Advani Hotels & Resorts (India) Limited, established in 1987, The company owns and operates Caravela Beach Resort, a five-star deluxe property in South Goa, spread across 24 acres along Varca Beach. The resort features 198 rooms, including suites and villas, with private balconies offering views of landscaped gardens, a golf course, or the Arabian Sea. It also boasts a nine-hole golf course, an Ayurveda center, and multiple dining options.

Written By Abhishek Das

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