Quick Ratios
Quarterly Results
Profit & Loss
Balance Sheet
Cash Flow
Ratios
Mkt Cap
Market Capitalization
₹339Cr
Rev Gr TTM
Revenue Growth TTM
50.22%
Peer Comparison
Compare up to 10 companies side by side across valuation, profitability, and growth.

ESPIRE
VS
| Quarter | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|
|
Growth YoY Revenue Growth YoY% | 641.3 | 386.7 | 60.4 | 113.4 | 22.4 | 74.3 | 317.7 | 259.4 | 310.8 | 90.7 | -6.9 | -0.5 |
| 7 | 7 | 3 | 9 | 9 | 15 | 17 | 33 | 33 | 24 | 21 | 26 |
Operating Profit Operating ProfitCr |
| 16.3 | 23.4 | 29.6 | 18.3 | 11.8 | 9.6 | 18.4 | 20.3 | 19.6 | 23.9 | -10.7 | 35.7 |
Other Income Other IncomeCr | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 3 | 2 | 3 | 1 | 2 |
Depreciation DepreciationCr | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 0 | 2 | 3 | 2 |
| 0 | 1 | 0 | 1 | 0 | 0 | 1 | 4 | 6 | 2 | -6 | 11 |
| 0 | 0 | 0 | 0 | -1 | 0 | 0 | 1 | 1 | 0 | 0 | 3 |
|
Growth YoY PAT Growth YoY% | 52.8 | 150.0 | 190.9 | 790.0 | 552.9 | -95.7 | 380.0 | 213.5 | 483.1 | 4,666.7 | -694.8 | 193.6 |
| -2.1 | 7.3 | 4.1 | 7.8 | 7.8 | 0.2 | 4.7 | 6.8 | 11.1 | 4.5 | -30.2 | 20.0 |
| 0.2 | 0.5 | 0.1 | 0.7 | 0.6 | 0.0 | 0.7 | 2.1 | 3.3 | 1.0 | -3.8 | 6.1 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|
|
| -49.0 | -39.6 | -72.0 | 137.1 | 30.3 | -70.5 | 22.9 | 1,473.6 | 1,002.6 | 91.7 | 234.3 | 10.6 |
| 1 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 15 | 29 | 97 | 104 |
Operating Profit Operating ProfitCr |
| 1.0 | -33.9 | -120.2 | 1.0 | -28.4 | -150.8 | -598.0 | -9.8 | 19.2 | 19.4 | 18.8 | 21.3 |
Other Income Other IncomeCr | -2 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 1 |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 7 | 9 |
Depreciation DepreciationCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 4 | 5 | 7 |
| -2 | 0 | 0 | 0 | 0 | 0 | -1 | 0 | 0 | 3 | 11 | 13 |
| 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 5 |
|
| -5,725.9 | 97.2 | -2.1 | 105.6 | -1,886.4 | -35.5 | -575.7 | 88.0 | 460.2 | 805.0 | 223.7 | 1.5 |
| -435.2 | -20.2 | -73.8 | 1.8 | -24.1 | -110.4 | -607.4 | -4.6 | 1.5 | 7.2 | 6.9 | 6.3 |
| -1.8 | -0.1 | -0.1 | 0.0 | -0.1 | -0.1 | -0.5 | -0.1 | 0.2 | 1.9 | 6.0 | 6.6 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|
Equity Capital Equity CapitalCr | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 15 | 15 |
| -12 | -12 | -12 | -12 | -12 | -12 | -13 | -13 | -13 | -10 | 29 | 24 |
Current Liabilities Current LiabilitiesCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 11 | 14 | 29 | 41 |
Non Current Liabilities Non Current LiabilitiesCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 15 | 52 | 109 | 129 |
Total Liabilities Total LiabilitiesCr |
Current Assets Current AssetsCr | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 6 | 14 | 73 | 92 |
Non Current Assets Non Current AssetsCr | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 6 | 20 | 55 | 109 | 116 |
Total Assets Total AssetsCr |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Operating Cash Flow Operating Cash FlowCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 6 | 3 | -23 |
Investing Cash Flow Investing Cash FlowCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4 | -10 | -36 | -26 |
Financing Cash Flow Financing Cash FlowCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 4 | 33 | 49 |
|
Free Cash Flow Free Cash FlowCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3 | -4 | -32 | -48 |
| 0.7 | -268.4 | 160.3 | -2,531.0 | -170.2 | 147.9 | -1.4 | -1,207.0 | 2,003.3 | 132.4 | -280.5 |
CFO To EBITDA CFO To EBITDA% | -285.6 | -159.9 | 98.4 | -4,285.5 | -143.9 | 108.3 | -1.4 | -569.0 | 157.8 | 48.8 | -103.3 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Valuation Ratios Valuation Ratios |
Market Cap Market CapitalizationCr | 0 | 0 | 0 | 13 | 0 | 0 | 9 | 0 | 21 | 229 | 675 |
Price To Earnings Price To Earnings | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 75.1 | 89.9 | 81.6 |
Price To Sales Price To Sales | 0.0 | 0.0 | 0.0 | 55.8 | 0.0 | 0.0 | 77.9 | 0.0 | 1.1 | 6.4 | 5.6 |
Price To Book Price To Book | 0.0 | 0.0 | 0.0 | 9.0 | 0.0 | 0.0 | 14.1 | 0.0 | 28.2 | 69.1 | 15.5 |
| -6.2 | 2.0 | 1.2 | 5,424.1 | 1.9 | 0.2 | -13.3 | -18.0 | 10.8 | 40.7 | 34.8 |
Profitability Ratios Profitability Ratios |
| 49.0 | 24.9 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 79.0 | 87.3 | 89.2 | 92.0 |
| 1.0 | -33.9 | -120.2 | 1.0 | -28.4 | -150.8 | -598.0 | -9.8 | 19.2 | 19.4 | 18.8 |
| -435.2 | -20.2 | -73.8 | 1.8 | -24.1 | -110.4 | -607.4 | -4.6 | 1.5 | 7.2 | 6.9 |
| -108.0 | -6.9 | -6.9 | 0.4 | -5.6 | -10.1 | -105.4 | 3.7 | 6.1 | 6.9 | 11.5 |
| -156.8 | -4.6 | -4.9 | 0.3 | -5.2 | -7.6 | -107.3 | -14.8 | 37.5 | 77.1 | 19.0 |
| -143.8 | -4.5 | -4.8 | 0.3 | -5.1 | -7.3 | -104.0 | -1.1 | 1.1 | 3.7 | 4.6 |
Operational Ratios Operational Ratios |
Solvency Ratios Solvency Ratios |
Liquidity Ratios Liquidity Ratios |
### **Overview**
Espire Hospitality Limited is a rapidly growing Indian hospitality company with a diversified portfolio of properties spanning ultra-luxury, upscale, and mid-market segments. As a core entity of the **Espire Group**—a multi-sector conglomerate with operations in hospitality, IT solutions, education, and real estate—the company leverages cross-industry synergies to drive sustainable expansion and operational excellence.
Positioned as both an **owner and operator** of its assets, Espire Hospitality delivers integrated control across the hospitality value chain, enabling consistent branding, guest experience, and asset performance.
---
### **Brand Portfolio & Market Positioning (Three-Tier Strategy)**
Espire Hospitality operates a **multi-tiered brand strategy** to cater to diverse traveler segments across India:
| Brand | Segment | Key Features | Target Audience |
|------|--------|-------------|-----------------|
| **Six Senses Fort Barwara** | Ultra-Luxury | Heritage palace resort in Sawai Madhopur, Ranthambore; globally acclaimed for wellness, sustainability, and luxury | High-net-worth individuals, wellness seekers, destination weddings |
| **ZANA Luxury Resorts** | Upscale / Boutique Luxury | Culturally immersive, nature-integrated luxury escapes in spiritual and scenic destinations | Affluent travelers, adventure seekers, luxury leisure guests |
| **Country Inn Hotels & Resorts** | Midscale | Mid-market chain offering comfort, quality, and value | Families, solo travelers, corporate groups, leisure tourists |
> *Note: While Espire Hospitality owns Six Senses Fort Barwara, operations are managed by Six Senses under a strategic partnership to maintain global brand standards.*
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### **Portfolio & Geographic Presence**
As of September 2025, Espire Hospitality manages **13 hotels and resorts** across key tourist, spiritual, and leisure destinations in India.
#### **Current Properties Include:**
- **Six Senses Fort Barwara** – Sawai Madhopur, Rajasthan
- **ZANA Luxury Resorts** – Udaipur (Rajasthan), Jim Corbett (Uttarakhand), Ranthambore (Rajasthan), Rishikesh (Uttarakhand)
- **Country Inn Hotels & Resorts** – Bhimtal, Mussoorie, Amritsar, Ayodhya, Goa, Vrindavan, Gurugram, Ghaziabad, Dehradun, and others
#### **New Openings (FY25 – Q1 FY26):**
- **Zana by the Ganges, Rishikesh (Apr 2025)** – Fourth ZANA property; modern design with views of the Ganges, targeting solo, family, and spiritual travelers.
- **Country Inn Premier, Amritsar (FY25)**
- **Country Inn, Ayodhya (FY25)**
- **Country Inn Gurugram & Maribella Amritsar (Q1 FY26)** – Added 75+ rooms
These additions brought **over 275 new rooms** to the portfolio in recent months.
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### **Strategic Investments & Capital Raising**
- **₹3,200 Lakhs (₹320 Crores) raised via preferential equity allotment** (Sep 2025) from strategic investors to:
- Accelerate new hotel development
- Upgrade existing infrastructure
- Enhance guest experiences across all brands
- **Upper-Luxury Resort Development Near Vrindavan:**
- Projected investment: **₹300 Crores** (equity + debt-funded)
- Target: Capture premium demand in spiritual and leisure tourism
- Reflects long-term vision to dominate high-growth experiential travel corridors
- **Potential Merger with Associate Company:**
- A proposal to merge a group entity holding a **significant land bank** is under review
- Pending board and shareholder approval (expected by end of Q3 FY2025)
- Would enhance land availability and reduce acquisition costs for future developments
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### **Leadership & Governance**
- **Mr. Akhil Arora** – *CEO & Managing Director*, Espire Hospitality Group
- Spearheading brand expansion and operational strategy
- Introduced the **“ZANA Way”** — a unique hospitality philosophy combining luxury, cultural immersion, and personalized experiences
- **Mr. Gagan Oberoi** – *Non-Executive Non-Independent Director* (Seeking Re-appointment as of Sep 2025)
- Over 30 years of leadership experience in large-scale operations and client engagements
- Key contributor to achieving **CMMI Level 5 (Dev + SVC)** and multiple **ISO certifications** (quality & data security) within the Espire Group
- Holds senior certifications from **IIM Calcutta**, **Carnegie Mellon University**, and **KPMG**, with expertise in technology and business transformation
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### **Stock Information**
- **BSE Code:** 532016
- Public Limited Company incorporated as *Senso E Biz Solutions Limited* in 2000 (rebranded/repurposed under Espire Group’s hospitality vertical)
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