StayVista, a Mumbai-based luxury villa rental platform, turned profitable in FY25 on the back of robust revenue growth and disciplined cost management. The company’s performance underscores rising demand for private, high-end stays and improved unit economics in India’s premium travel segment.
Revenue growth driven by premium demand
Operating revenue rose 29% year-on-year to ₹181 crore in FY25 from ₹140 crore a year earlier. Including other income, total revenue was around ₹183 crore. The increase was driven by higher bookings and improved occupancy across StayVista’s portfolio of luxury villas, as more travellers seek private, group-friendly and curated travel experiences.
Cost control improves unit economics
Total expenses increased 18% to ₹179 crore, a slower pace than revenue growth, reflecting tighter expense management. Material costs remained the largest component, while employee and operational expenses were contained. As a result, unit economics improved: the company spent ₹0.99 to earn every rupee in FY25, down from ₹1.09 in FY24.
Profitability restored
StayVista reported a net profit of ₹3.6 crore in FY25, reversing a net loss of ₹8 crore in the prior year. Although profit margins are still modest, the turnaround signals stronger financial discipline and a more sustainable operating model.
Outlook and challenges
The company’s results mirror a broader shift in India’s travel market toward private, premium accommodation. StayVista’s emphasis on high-end villas and personalised guest experiences positions it well to capitalise on this trend. However, sustaining profitability while scaling will require continued cost optimisation and expansion of its property network amid competitive pressures in the luxury hospitality space.
