Ventive Hospitality Ltd

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

Ventive Hospitality Ltd trades at ₹622, in a downtrend and 18 weeks into that stage. That is −7.5% against its own 200-day average. It sits at 24% of a 52-week range of ₹574 to ₹777. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (3 weeks and counting).

Today the stock is in a downtrend — week 18 of stage 4, confirmed. At ₹622 it trades −7.5% versus its 200-day average and sits at 24% of its 52-week range (₹574–₹777).

Against the market, two honest reads. Cumulative: over the last 1.5 years the stock moved −16% while the NIFTY 500 moved +5% — behind the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (3 weeks and counting; last ahead the week of 2026-07-01) — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 20th percentile of its own range.

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

Ventive Hospitality Ltd trades at 33.5× P/E, near the bottom of its own range — cheaper only 20% of the time. Its long-run median P/E is 75.0×, measured across 1.4 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 33.5× is near the bottom of its own range — cheaper only 20% of the time, against a long-run median of 75.0× measured over 1.4 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

Why the multiple sits where it does: over the past year annual EPS moved +254.0% against a −24.6% price move — earnings outran the price, pushing the multiple DOWN its own range.

Put together: the multiple is low against its own past, so the story rests on the earnings line underneath it, not the multiple.

The PEG ratio and its quarterly curve, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 35% on reported income across 10 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.

Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

Ventive Hospitality Ltd reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read. The read is built from 6 quarters across 0 curves, on partial evidence.

Why it matters: with too little history, an honest page says so instead of guessing a trajectory.

One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.

Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.

Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.

→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.

4-Factor Sector Score

49.6/100 — rank 12 of 24 in Hotels · 72% evidence confidence

Ventive Hospitality Ltd scores 49.6 out of 100 against the 24 companies it is compared with in Hotels, ranking 12. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

The four contributions add to the total exactly: 22.2 + 12.9 + 9.7 + 4.8 = 49.6. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.

Revenue Revenue is the top line: everything the company billed its customers in the period.

Ventive Hospitality Ltd reported ₹779 Cr of revenue in the Mar 26 quarter, +11.6% year on year. That is the 6th straight quarter of year-on-year growth. Over 2 years it has compounded at 126.9% a year. The last full year, FY26, came in at ₹2,461 Cr. The last four reported quarters add to ₹2,461 Cr.

Ventive Hospitality Ltd reported ₹779 Cr of revenue in the Mar 26 quarter, +11.6% year on year. That is the 6th straight quarter of year-on-year growth. Over 2 years it has compounded at 126.9% a year. The last full year, FY26, came in at ₹2,461 Cr. The last four reported quarters add to ₹2,461 Cr.

FY26 revenue came in at ₹2,461 Cr (+53.3% on the year), capping 2 years at 126.9% compound. The latest quarter (Mar 26) printed ₹779 Cr, +11.6% year on year — the 6th consecutive quarter of year-over-year growth.

Pace check: the last four quarters averaged +117.6% growth against the decade's 126.9% — the current year is running slower than its own long-run rate.

→ Revenue grew — did margins hold as it scaled? Next: 49.0% this quarter (−1.0 pp YoY).

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

Ventive Hospitality Ltd's operating margin is 49.0% in the Mar 26 quarter, −1.0 percentage points against the same quarter a year ago. Across 3 fiscal years the operating margin has ranged 44.0% to 59.0%. The current quarter sits inside that band.

Ventive Hospitality Ltd's operating margin is 49.0% in the Mar 26 quarter, −1.0 percentage points against the same quarter a year ago. Across 3 fiscal years the operating margin has ranged 44.0% to 59.0%. The current quarter sits inside that band.

The latest quarter's operating margin is 49.0%, −1.0 pp against the same quarter a year ago. Across 3 fiscal years the operating margin has ranged 44.0%–59.0%.

🚨 Why the margin moved: operating margin went −0.9 pp year on year while gross margin went −1.8 pp — the loss came mostly from the gross line: input costs and pricing.

→ Margins slipped — did that reach the bottom line? Next: profit +71.5% in the latest quarter.

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

Ventive Hospitality Ltd earned ₹259 Cr of net profit in the Mar 26 quarter, +71.5% year on year. It is the 2nd consecutive quarter of growth. Full-year FY26 profit was ₹502 Cr. The 2-year compound rate is 73.9%. That is 33.2% of the quarter's revenue. The same quarter a year earlier earned ₹151 Cr.

Ventive Hospitality Ltd earned ₹259 Cr of net profit in the Mar 26 quarter, +71.5% year on year. It is the 2nd consecutive quarter of growth. Full-year FY26 profit was ₹502 Cr. The 2-year compound rate is 73.9%. That is 33.2% of the quarter's revenue. The same quarter a year earlier earned ₹151 Cr.

Mar 26 profit was ₹259 Cr, +71.5% year on year — the 2nd consecutive quarter of growth. On the full year, FY26 printed ₹502 Cr (+204.2%), and the 2-year compound rate is 73.9%.

Why profit moved: revenue contributed +11.6% and the margin −1.0 pp — the quarter was revenue-led, with the margin roughly flat.

Pace comparison, last four quarters: profit +139.2% vs revenue +117.6%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.

→ Profit rose — but did the cash follow? Next: 227% of the last 3 years' profit arrived as cash.

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Over the last 3 fiscal years 227% of Ventive Hospitality Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY26 that was ₹950 Cr of operating cash against ₹502 Cr of profit. After ₹1,162 Cr of capital spending, ₹−212 Cr was left as free cash.

FY26: operating cash of ₹950 Cr against reported profit of ₹502 Cr, leaving free cash of ₹−212 Cr after ₹1,162 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 227% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

Why conversion sits at 227%: the cash cycle stretched 45 days between FY24 and FY26 — more of each rupee of profit waits inside the cycle before arriving.

Router verdict: the bigger cash user is investment — capital spending ran 16.4× depreciation over three years, so the next section's job is to check what that build-out is buying.

→ So follow the cash to where it goes. Next: ₹9,543 Cr of building over 2 years.

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

Ventive Hospitality Ltd's cash conversion cycle runs −201 days in FY26, up from −246 days in FY24. Capital spending ran ₹9,543 Cr over the last 2 years. At FY26 sales of ₹2,461 Cr each day of that cycle holds about ₹6.7 Cr, so roughly ₹−1,355 Cr sits inside the business at any moment.

FY26: debtors at 16 days, inventory at 121 days — roughly 4.0 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of −201 days, looser than FY24's −246.

The full loop: cash goes out to suppliers and production on day 0; stock waits 121 days to sell; customers pay about 16 days after that; and suppliers themselves are paid at 338 days — netting out to the −201-day cycle.

In money terms: at FY26 sales of ₹2,461 Cr, each day of the cycle holds about ₹6.7 Cr — so the −201-day loop keeps roughly ₹−1,355 Cr sitting inside the business at any moment.

On the investment side: capital spending of ₹9,543 Cr over the last 2 fiscal years against ₹583 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹182 Cr (FY26) — capacity paid for but not yet earning.

The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.

→ Does all this activity actually earn its cost of capital? Next: ROCE is 11%.

Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.

Ventive Hospitality Ltd earns a ROCE of 11% in FY26. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 20.4% net margin on 0.23× asset turns.

FY26 ROCE is 11%.

Why the return is what it is — the wiring (FY26): 20.4% net margin × 0.23× asset turns × 1.94× balance-sheet leverage ≈ 9.1% on equity. Margin is doing the heavy lifting; leverage is a meaningful part of the equation.

The quarterly return curves and the return-on-invested-capital overlay, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 35% on reported income across 10 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 0.47.

Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.

Ventive Hospitality Ltd carries ₹2,574 Cr of borrowings against ₹5,506 Cr of equity in FY26, a debt-to-equity of 0.47. Operating profit covers the interest bill 5×. Over 2 years borrowings went from ₹470 Cr to ₹2,574 Cr. Capital spending ran ₹9,543 Cr across the last 2 of those years.

FY26: borrowings of ₹2,574 Cr against equity of ₹5,506 Cr — a debt-to-equity of 0.47. Operating profit covers the interest bill 5×. Over 2 years borrowings went from ₹470 Cr to ₹2,574 Cr while capital spending ran ₹9,543 Cr in just the last 2 — part of the build-out is riding on borrowed money.

The total-debt and debt-to-equity series, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 35% on reported income across 10 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

→ Who owns this, and are they adding or leaving? Next: Foreign institutions cut 2.1 points over 6 quarters.

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

Foreign institutions cut 2.1 points of Ventive Hospitality Ltd over 6 quarters, the biggest move on the register. That takes foreign institutions to 1.2% of the company. Domestic institutions moved +1.4 points over the same window, to 5.2%. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — Foreign institutions: −2.1 points over 6 quarters to 1.2%; Domestic institutions: +1.4 points over 6 quarters to 5.2%; Promoters: +0.0 points over 6 quarters to 89.0%.

🚨 Why the register moved: foreign institutions drove it (−2.1 points), absorbed on the other side by domestic institutions (+1.4 points) — distribution into the market’s bid.

→ One last check: does the safety math agree? Next: the balance-sheet safety line.

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

Ventive Hospitality Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.

The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.

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