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Earnings Call

Brigade Hotel Ventures Earnings Call: Key Takeaways

Brigade Hotel Ventures reports strong Q4FY26 with total income of ₹146 Cr (+8% YoY) and PAT of ₹25 Cr (+92% YoY). The company is executing a massive expansion plan to double keys to ~3,300 by FY30.

Highlights
Revenue growth8% YoY for Q4; 15% YoY for FY26.
MarginsQ4 EBITDA margin improved to 39.7% from 38.0% YoY.
Order bookPipeline of 9 hotels with 1,700 keys under development.
Demand visibilityStrong domestic demand; Bengaluru remains a key growth driver.
Management confidenceHigh; focused on doubling key count and scaling luxury segment.

Growth

FY26 total income grew 15% to ₹543 Cr; PAT surged 174% to ₹65 Cr driven by RevPAR growth.

Outlook

Capex of ₹3,600 Cr planned for 1,700 upcoming keys; target Portfolio ARR >₹14,000 by FY30-31.

Risks

Q4 occupancy stagnant due to airfare headwinds, gas supply disruptions, and a high base from previous year's events.

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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