Grand Continent Hotels Ltd – Company Report
1. Company Overview
Grand Continent Hotels Ltd, founded in 2011 and headquartered in Bengaluru, Karnataka, is a leading Indian hotel management company focused on the mid-market hospitality segment. Established by industry veteran Ramesh Shiva, the group has rapidly expanded its footprint, operating over 20 properties and managing more than 1,000 rooms across 19 cities as of July 2025.
Known for delivering comfort, convenience, and value for money, the company consistently maintains high guest satisfaction levels. Its asset-light model, based on leased properties and selective ownership, has powered its scalable growth. Grand Continent emphasizes integrity, teamwork, and a customer-centric approach in both operations and governance.
- Incorporated: 2011
- Headquarters: Bengaluru, Karnataka, India
- Founder: Ramesh Shiva
- Employees: 538 (as of September 2024)
- Properties: 20+ hotels in 19 cities, 1,000+ rooms
- Core Market: Mid-scale (upper-mid, mid-priced, economy)
- Market Cap (July 2025): ₹419 crore
- Stock Listing: NSE
2. Products and Services
Grand Continent Hotels Ltd provides a wide array of hospitality services designed to serve both business and leisure travelers.
Accommodation:
- Modern, well-furnished rooms and suites
- High-speed Wi-Fi, air conditioning, ergonomic workspaces, and premium bedding
Dining:
- On-site multi-cuisine restaurants or cafés
- Complimentary breakfast services
Business & Events Facilities:
- Conference and banquet halls for meetings, events, and weddings
Guest Services:
- 24/7 front desk and concierge
- Travel assistance, business center, luggage handling
- Laundry and dry cleaning
Leisure Amenities:
- Fitness centers, family-friendly services
- Easy access to local attractions and transport
Safety & Security:
- CCTV surveillance and adherence to safety norms
Location Advantage:
- Strategically placed near business hubs, transport corridors, and tourist zones
3. Recent News & Business Developments
New Hotel Launches:
- June 2025: Bengaluru-headquartered hospitality group Grand Continental is set to open its first international hotel in Dubai, debuting the midscale brand to the Middle East.
- June 2025: Launched Grand Continent Premiere, a 72-room upscale mid-market hotel in Chennai (T Nagar).
- July 2025: Opened its 23rd property in Dwaraka, Gujarat, featuring 42 rooms and full-service dining.
- November 2025: Opened its 25th property in Udaipur featuring 103 rooms and two Event & Celebration Venues.
Strategic Expansion Initiatives:
- Ayodhya: Signed a 10-year lease with Taxshila International for an 84-room hotel to be branded under “Grand Continent,” expected to launch in H1 2026. Includes a rooftop restaurant, café, banquet hall, gym, and pool.
- Devbhumi Dwarka: Entered a revenue-sharing model with The Grand Anantajit for a 42-room hotel under its flagship brand, set to open in August 2025.
Upcoming Projects: Plans to enter Jaipur, Udaipur, and Gurgaon, extending its national footprint across spiritual, business, and leisure corridors.
4. Financial Performance (FY2025)
| Metric | FY2025 | FY2024 |
|---|---|---|
| Total Revenue | ₹73 crore | ₹31 crore |
| Net Profit | ₹11 crore | ₹4 crore |
| EBITDA | ₹19 crore | ₹10 crore |
| Net Profit Margin | 15% | — |
| EPS | ₹4.27 | — |
| Return on Equity (ROE) | 16% | — |
| Dividend | Not declared | — |