StayVista, a Mumbai-based luxury villa rental platform, turned profitable in FY25 as operating revenue rose 29% year-on-year to ₹181 crore and disciplined cost controls improved unit economics, signalling a potential strengthening of its position in India’s premium travel and hospitality segment.
Revenue growth driven by rising demand for private stays
StayVista reported operating revenue of ₹181 crore in FY25, up from ₹140 crore in FY24, a 29% increase. Including other income, total revenue was about ₹183 crore. The growth was driven by stronger bookings and improved occupancy across its portfolio of high-end villas, reflecting rising consumer preference for private and group-friendly accommodations and curated travel experiences.
Cost control improves unit economics
Total expenses increased 18% to ₹179 crore, a slower pace than revenue growth. Material costs remained the largest expense head, while employee and operational costs were contained through tighter management. As a result, the company’s cost to earn one rupee improved to ₹0.99 in FY25 from ₹1.09 in FY24, signalling better unit economics and operating leverage.
Profitability turnaround
StayVista posted a net profit of ₹3.6 crore in FY25, reversing a net loss of ₹8 crore in the previous year. While profit margins remain modest, the swing to profitability underscores improving financial discipline and suggests business sustainability at current scale.
Outlook and challenges
The performance aligns with a broader shift in India’s travel market toward premium, private stays. StayVista’s focus on curated, high-end villa experiences positions it to capture further demand as the luxury travel segment expands.
However, sustaining profitability while scaling will depend on continued cost optimisation and strategic expansion of its property network. Competitive pressures in the hospitality sector and the need to maintain service quality across a growing inventory will be key factors for the company’s medium-term trajectory.
