- CEO
- Allareddy Nina Reddy
- Full Time Employees
- 646
- Sector
- Consumer services
- Industry
- Hotels/Resorts/Cruise lines
- Address
- No. 146, Dr. Radhakrishnan Road Chennai TN India 600004
- IPO Date
- Jan 5, 1995
- Business
- Savera Industries Limited engages in the hoteliering business in India, primarily operating the Savera Hotel, a four-star property in Chennai with approximately 230 rooms across categories including executive rooms, executive club rooms, business standard rooms, and business club rooms; eight food and beverage outlets such as The Piano, Malgudi, Curry Town, The Brew Room, Baker's Basket, Lobby Cafe, Bay146 bar and kitchen, and Bamboo Bar; conference and meeting venues for events ranging from weddings and family functions to corporate meetings; and leisure facilities comprising a swimming pool, spa, health club, shopping arcade, and valet parking. The company also manages seven health centers under the O2 Health brand and maintains interests in mining, education, health, and wellness sectors. Founded in 1968 and headquartered at No. 146, Dr. Radhakrishnan Road, Mylapore, Chennai, Tamil Nadu, Savera Industries serves business and leisure travelers with additional amenities including 24-hour in-room dining, mini bars, electronic safe lockers, laundry services, concierge, travel desk, foreign exchange, florist, and doctor on call, primarily targeting domestic and international guests in the hospitality industry. Recent developments include reporting strong financial performance for the quarter ended September 2025 with standalone net sales of Rs 25.50 crore, up 23.78% year-over-year, and declaring a 30% dividend of Rs 3 per share with an ex-date in September 2025; planning to acquire a property in Coonoor and sell land at Coco Beach in Nemmeli Village, Kancheepuram District, Tamil Nadu; and sustaining sales growth with March 2025 net sales at Rs 21.83 crore, up 14.96% year-over-year, alongside profit increases.