Bloom's revenue surged to INR 357.5 crore in FY 2024-25, growing sixfold in three years from INR 58 crore in FY22. EBITDA reached INR 75.01 crore, and PAT stood at INR 15.2 crore. The brand emphasizes capital efficiency, selective hotel onboarding, and a room-focused approach, with 85 per cent of revenue coming from room bookings. After achieving breakeven, Bloom aims to grow revenue and profit steadily at 30-35 per cent annually, with plans to expand from Tier 1 to Tier 2 and Tier 3 cities and scale its portfolio to 25,000 rooms.
Tech-focused hotel brand Bloom reported a 36.14 per cent increase in its operational revenue, reaching INR 357.5 crore in FY 2024-25, up from INR 262.6 crore in the previous fiscal, according to its consolidated annual financial statements. Over the past three years, the company has scaled its revenue six times, growing from INR 58 crore in FY22 to over INR 357 crore in FY25, reflecting consistent expansion and increasing market acceptance.
Bloom's earnings before interest, taxes, depreciation, and amortization (EBITDA) stood at INR 75.01 crore, while profit after tax (PAT) reached INR 15.2 crore in the same fiscal. After achieving breakeven recently, the company aims to sustain revenue growth and profitability, focusing strongly on capital efficiency as a core financial metric.
The company has stated that it plans to continue growing revenue and profit at a 30-35 per cent rate over the coming years without compromising on capital efficiency, service quality, or product standards. Sanjeev Sethi, Chief Operating Officer, explained that Bloom remains selective in its growth, onboarding only about one in every twenty hotels that approach the platform. He emphasized that while the market can absorb around 100,000 rooms, the company prefers to expand at its own pace to ensure profitability and maintain service standards.
Bloom's revenue-to-funding ratio, which measures revenue generated per unit of funding, has exceeded 1, highlighting strong capital efficiency. The company's model focuses on rooms first, offering a simple and effective approach that sets it apart from traditional hotel chains. Room revenue contributes 85 per cent of total revenue, food and beverages make up 13.1 per cent, and other income accounts for 1.9 per cent.
Founded in 2010, Bloom invested early in technology, developing its platform before onboarding its first hotel. This approach has enabled operational consistency and scalable growth while maintaining quality standards. The brand now plans to increase its portfolio to over 5,000 rooms, with more than 75 per cent located in Tier 1 cities. It is also exploring opportunities in Tier 2 and Tier 3 cities as part of its strategy to eventually expand to 25,000 rooms, signaling a balanced approach to growth across urban and emerging markets.
Bloom's disciplined expansion strategy, combined with technology-driven operations and selective onboarding, has allowed it to scale rapidly while sustaining profitability. Its focus on capital efficiency and core services provides a clear roadmap for long-term, steady growth in India's growing hotel market.
Source PTI
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