Restaurant India News: Saltstayz Reports Rs 99.7 Crore Revenue in FY26, Eyes Rs 500 Crore by FY30

Saltstayz has reported top-line revenue of Rs 99.7 crore for FY 2025–26, marking a significant milestone for the company, which has remained profitable since its inception while operating without venture capital or external equity funding.

Founded in 2022 by Gaurav Gupta, Sandeep Goyal, and Nishant Tripathi, Saltstayz has expanded its portfolio to 33 operational hotels with approximately 1,214 keys across seven cities. The company operates in the mid-premium and premium hospitality segments through its Autograph, Premier, and Select brands.

The hospitality operator now aims to achieve Rs 500 crore in annual revenue by FY30 through organic growth. Its expansion strategy includes growing to 150 hotels across 30 cities, with a portfolio of approximately 5,000–5,500 keys. The company currently employs around 670 people and follows an asset-light business model based on long-term leases, revenue-sharing agreements, and management contracts.

Gaurav Gupta, Co-founder, Saltstayz, said, "We are a fully bootstrapped company to date, and so far, we have not diluted any equity in the company. We are profitable since our first year of incorporation and the expansion so far has happened organically. At our current growth rate, we are aiming to achieve annual revenue of Rs 500 crore by FY30. We are also looking to raise our first round of structured capital, to fuel our growth plans. With the right capital infusion, we aim to achieve annual revenue of Rs 1,500 crore by FY30 with 10,000+ keys across 250 hotels in our portfolio."

As part of its near-term expansion strategy, Saltstayz plans to increase its portfolio to 55 hotels by the end of FY 2026–27, adding 22 properties during the current financial year. The company also plans to invest approximately Rs 18–20 crore to support expansion into new markets, including southern and western India.

To support its long-term growth roadmap, Saltstayz expects to expand its workforce from 670 employees to approximately 2,000–2,200 by FY30. The company is also exploring its first structured fundraising, with a focus on structured debt while keeping equity financing as an option.

Saltstayz has also entered the leisure hospitality segment with the launch of a 38-key Autograph property in Rishikesh, marking the beginning of its expansion into destination-based hospitality as it broadens its portfolio across India.