What we do Graviss Hospitality Limited operates in the hospitality sector owning and managing hotels, banquets, and catering services primarily in India, notably the Inter-Continental Hotel in Mumbai. |
Founded in 1,959 |
Market share Leading in premium hospitality segment in Mumbai with diversified operations through subsidiaries in banquets and restaurants. |
Problem solved Provides premium hospitality and catering solutions addressing needs for luxury accommodation, event hosting, and quality dining experiences. |
Top clients or who we serve Serves retail customers in luxury hospitality, event attendees, and catering clients primarily in urban Indian markets; B2C focused with some B2B events. |
Key management Mr. Gaurav Ghai (Managing Director), Mr. Romil Ratra (CEO & Whole Time Director), Mr. Farangilal B. Goyal (CFO) |
Our journey and innovations Incorporated in 1959, transformed from GL Hotels to Graviss Hospitality, expanded via acquisitions like Mayfair Banquets and subsidiaries Graviss Catering and Restaurants. |
Where we operate Primary operations in Mumbai, Bangalore, Gurgaon, Ahmedabad; presence across key Indian metropolitan cities through subsidiaries. |
Top products or what we offer Hotel accommodation at Inter-Continental, banquet services via Mayfair Banquets, catering and restaurant services through subsidiaries. |
Top brands Inter-Continental Hotel (Mumbai) - flagship luxury hotel; Mayfair Banquets - prominent event venues in multiple cities; Graviss Restaurants - dining services. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Mostly recurring revenues from hospitality, banquets, and catering, though influenced by tourism and event cycles. |
Our industry position Established player in luxury hospitality in Mumbai with growing footprint in banquets and catering sectors across urban India. |
Financial highlights FY 2024-25 consolidated revenue of approximately Rs 61.15 crore with net profit Rs 9.39 crore, showing growth in both topline and profitability. |
Geographical revenue split Revenues primarily from Indian metro cities; key urban centers include Mumbai, Bengaluru, Gurgaon, and Ahmedabad. |
Order book - |
Whats driving growth Resilient global tourism rebound, strategic acquisitions, expanding banquets and catering services, and strong brand partnerships with Inter-Continental. |
Our future plans Continuing hotel reconstruction and interior upgrades, expanding subsidiary operations, and enhancing catering capabilities for sustained growth. |
Our green promise - |
Our people and values Focus on employee welfare, adherence to corporate governance, and fostering inclusive culture across all subsidiaries. |
Key challenges ahead Industry sensitivity to travel fluctuations, competition in hospitality, operational costs, and maintaining quality during rapid expansions. |
Interesting facts One of the oldest hospitality companies in India, operating since 1959, with strategic alliances like Inter-Continental Hotels Corporation USA. |
Risks and strategy Mitigating tourism downturn risks via diversification into banquets and catering; preserving brand reputation through quality service and strategic partnerships. |
