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Earnings Call

Brigade Hotel Ventures Earnings Call: Key Takeaways

Brigade Hotel Ventures reports strong FY26 performance with 15% revenue growth and 174% PAT jump. Company plans to double key count with ₹3,600 Cr capex by FY30.

Highlights
Revenue growthFY26 up 15% YoY; Q4 FY26 up 8% YoY.
MarginsQ4 EBITDA margin improved 170 bps to 39.7% despite property tax hit.
Order bookPipeline of 9 hotels with ~1,700 keys across luxury and upscale.
Demand visibilityStrong domestic demand; Bengaluru remains key growth driver with 79% occupancy.
Management confidenceHigh; progressing toward doubling key count and portfolio diversification.

Growth

FY26 Total Income grew 15% to ₹543 Cr; PAT rose 174% to ₹65 Cr. RevPAR increased 10% YoY.

Outlook

Capex of ₹3,600 Cr to add 1,700 keys by FY30. Target portfolio ARR >₹14,000 by FY31.

Risks

Headwinds from elevated airfares, softer demand, gas supply disruptions, and impact of high base effect.

Source

Earnings Call filed with NSE, NSE: BRIGHOTEL. Summary written with AI assistance from the document.

Read the document ↗

Brigade Hotel Ventures Ltd: key numbers

Share price
₹56.13
Market cap
₹2,132 Cr
Revenue (annual)
₹525.0 Cr
Net profit (annual)
₹58.46 Cr
P/E (TTM)
31.3×Sector 43.7×
Promoter holding
74.09%+0.00% QoQ
FII holding
0.81%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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