Advani Hotels & Resorts (India) Ltd. – Company Report
1. Company Overview
Advani Hotels & Resorts (India) Limited is a publicly-traded hospitality company incorporated in 1987. Headquartered in Mumbai, the company is listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) of India. The company's primary business is owning and operating the 'Caravela Beach Resort Goa', a 5-Star Deluxe property.
The company is managed by its Founder and Chairman & Managing Director, Mr. Sunder G. Advani, who holds an M.B.A. from the Wharton School of Business Administration at the University of Pennsylvania, U.S.A. He has extensive experience in the hospitality industry, having been instrumental in developing Holiday Inn hotels in South Asia and co-promoting one of the first airport hotels in India. The leadership team also includes Mr. Prahlad S. Advani as the Chief Executive Officer & Whole-Time Director, and Mr. Haresh G. Advani as the Executive Director, supported by a distinguished Board of Independent Directors.
Advani Hotels & Resorts is recognized for its strong financial health, being a debt-free company with a consistent history of rewarding shareholders through dividends. The company has received numerous accolades, including the Booking.com ‘Travellers Review Award’ from 2018 to 2023 and the prestigious ‘TripAdvisor Travellers’ Choice Award’ in 2021 & 2023, placing it among the top 10% of hotels worldwide.
Key Highlights:
- Established: 1987
- Headquarters: Mumbai, Maharashtra, India
- Leadership: Mr. Sunder G. Advani (Chairman & Managing Director)
- Stock Listings: BSE (Scrip Code: 523269) and NSE (Scrip Symbol: ADVANIHOTR)
- ISIN: INE199C01026
2. Products and Services
Advani Hotels & Resorts' core asset and product offering is the Caravela Beach Resort, a premier 5-Star Deluxe destination in South Goa. The company's capabilities are centered around providing a high-end, comprehensive hospitality experience.
Core Offerings
- Accommodation and Resort Features: The Caravela Beach Resort is a 201-key property spread over a 23-acre estate with a 275-meter-long beachfront on Varca Beach. It was designed by the world-renowned architects WATG. The resort comprises 192 rooms, 4 Suites, and 6 Villas, most with private balconies overlooking landscaped gardens, a golf course, and the Arabian Sea. The resort's design is inspired by Goan architecture and Hawaiian aesthetics, featuring a grand atrium, flying buttresses, and local art.
- Dining and Amenities: The resort boasts 8 dining outlets and bars, including a traditional Goan shack and a swim-up bar. It offers a wide range of facilities such as a 9-hole golf course, a large outdoor swimming pool, a fitness center, yoga classes, a spa and beauty salon, and a kids' club. Additional guest services include 24-hour in-room dining, currency exchange, a travel desk, and car rental services. For events, the resort offers multiple venues, including a beachfront and surrounding lawns, suitable for large weddings and conferences.
- Experiences and Activities: Guests can engage in various activities such as live music performances, bicycle rentals, tennis, table tennis, and seasonal water sports. The resort also organizes unique experiences like private cooking classes and cocktail-making sessions.
Research and Market Insights
- Target Market: The resort caters to both domestic and international tourists, with a significant number of guests from Germany, England, France, Italy, and Switzerland, alongside the Indian market.
- Business Segments: Weddings are a significant and growing source of business for the resort, which hosted a record number of weddings in FY24. The MICE (Meetings, Incentives, Conferences, and Exhibitions) and leisure travel segments are also key drivers of occupancy.
- Strategic Location: Located on Varca Beach in South Goa, the resort benefits from the region's popularity as a prime tourist destination. Upcoming infrastructure developments, such as new highways shortening travel time from Mumbai, Hyderabad, and Bangalore, and a new international cruise terminal, are expected to further boost tourism in the area.
3. Recent News & Financial Performance
Recent Developments
- The company retained a high level of guest satisfaction, as evidenced by industry awards and consistent occupancy throughout FY25.
- Caravela Beach Resort introduced new in-house resort experiences and upgraded its wellness offerings, enhancing guest engagement and length of stay.
- Advani Hotels has maintained a steady dividend payout in recent years, with a focus on returning value to shareholders.
- The management continues to invest in property improvements and digital transformation for higher operational efficiency.
4. Financial Performance (FY2025)
| Metric | Value |
|---|---|
| Revenue from Operations | ₹107.41 crore (FY2025), up from ₹96.84 crore (FY2024) and ₹91.72 crore (FY2023) |
| Net Profit | ₹26.44 crore (FY2025), compared to ₹24.96 crore (FY2024) |
| Basic Earnings Per Share (EPS) | ₹2.86 (FY2025) |
| Return on Equity (ROE) | 32.5% (FY2025) |
| Dividend | Regular dividend, with equity dividend rate at 95% for the reported year |