Luxury villa and homestay rental company StayVista successfully achieved profitability in the fiscal year ending March 2025 by focusing on enhancing revenue and managing costs effectively. According to Entrackr, the Mumbai-based company experienced a 29% growth in operating revenue, reaching Rs 181 crore in FY25 from Rs 140 crore in the previous fiscal year.
StayVista operates as a platform connecting property owners with travelers seeking vacation rental accommodations. The company’s primary source of income stems from enabling property listings, bookings, and online payments.
Cost management played a crucial role in StayVista’s journey to profitability. Material costs, the largest expense component, rose by 26% to Rs 138 crore in FY25. Despite this increase, controlled expenditure across various areas such as employee benefits and legal charges helped the company maintain a positive trajectory.
With a strategic approach to scaling operations and a focus on optimizing costs, StayVista successfully reversed its financial performance, turning a profit of Rs 3.6 crore in FY25, a significant improvement from the Rs 8 crore loss in FY24. Notably, the company’s return on capital employed (ROCE) and EBITDA margin also showed positive trends, standing at 5.43% and 1.33%, respectively.
This achievement reflects StayVista’s commitment to sustainable growth and financial stability in the competitive landscape of vacation rental startups. By balancing revenue growth with cost efficiency, the company sets a positive example for aspiring players in the market.
Source: Entrackr : Latest Posts