Advani Hotels & Resorts (India)

Advani Hotels & Resorts Limited is primarily engaged in the hotel business, operating its five-star 'Caravela Beach Resort' which is situated in South Goa. The company subscribes to good corporate governance, aiming to increase productivity and competitiveness, which in turn maximizes value for its shareholders. The company maintains a robust risk management framework to identify, assess, and mitigate potential threats as an integral part of its business process. Hosting weddings is a significant business source, and FY24 was a landmark year for the resort, which hosted the highest number of weddings in its history. Committed to environmental stewardship, the company installed 'Caravela Aqua', an in-house water bottling plant, to significantly reduce reliance on single-use plastic bottles. The company operates as a debt-free entity and achieved a high Pre-Tax Return on Equity Capital of 46.6% during the financial year.;