Brigade Hotel Ventures Ltd

Brigade Hotel Ventures Fund Raise of ₹885.6 Cr

Brigade Hotel Ventures Limited submitted its Monitoring Agency Report for the quarter ended March 31, 2026. The report, issued by CARE Ratings Limited, confirms the utilization of proceeds totaling ₹885.60 Crore raised through a Pre-IPO Placement (₹126 Crore) and an IPO (₹759.60 Crore) towards stated corporate objects.

Value

₹885.6 Cr

Brigade Hotel Ventures Fund Raise of ₹885.6 Cr

Brigade Hotel Ventures Limited submitted its Regulation 32 statement for the quarter ended March 31, 2026. The company confirmed no deviation in the utilization of ₹885.60 Crore raised through its Pre-IPO Placement and IPO. Proceeds were utilized for debt repayment, land acquisition, and general corporate purposes.

Value

₹885.6 Cr

Brigade Hotel Ventures Management Change

Brigade Hotel Ventures Limited announced the resignation of Chief Operating Officer Mr. Manoj Agarwal, effective July 16, 2026. The departure is due to personal reasons and relocation. The Board also approved audited financial results for Q4 and FY26 with an unmodified audit opinion.

Brigade Hotel Ventures Results Update

Brigade Hotel Ventures reported strong FY26 results with total revenue growing 15% to ₹543 Crore and PAT surging 174% to ₹65 Crore. Q4 FY26 revenue rose 8% to ₹146 Crore, while PAT jumped 92%. Performance was driven by double-digit growth in ARR and RevPAR across its portfolio of nine operating hotels.

Value

₹543.0 Cr

Brigade Hotel Ventures Q4 FY26 Results: Net Profit ₹25.1 Cr, Up 91.6% YoY

Brigade Hotel Ventures Ltd reported revenue from operations of ₹136.4 Cr (+1.7% YoY) and net profit of ₹25.1 Cr (+91.6% YoY) for Q4 FY26.

Key figure

Net profit ₹25.1 Cr · +91.6% YoY

Brigade Hotel Ventures Financial Results

Brigade Hotel Ventures Limited reported its FY26 audited financial results, with consolidated total income reaching ₹543.44 Crore for the full year. The company also announced the resignation of Chief Operating Officer Mr. Manoj Agarwal, effective July 16, 2026, citing personal reasons and relocation from Bangalore.

Brigade Hotel Ventures Q3 FY26 Results: Net Profit ₹21.7 Cr, Up 126.0% YoY

Brigade Hotel Ventures Ltd reported net profit of ₹21.7 Cr (+126.0% YoY) for Q3 FY26.

Key figure

Net profit ₹21.7 Cr · +126.0% YoY

Brigade Hotel Ventures Other Announcement

Brigade Hotel Ventures Limited submitted its quarterly compliance certificate under SEBI (Depositories and Participants) Regulations, 2018. The report, issued by KFin Technologies, confirms that security dematerialization and rematerialization for the quarter ended March 31, 2026, were processed within stipulated timelines.

Execution

Quarter ended March 31, 2026

Brigade Hotel Ventures Capacity Expansion

Brigade Hotel Ventures signed agreements with Hyatt for two new properties: the 200-room Grand Hyatt Chennai ECR (opening 2029) and the 135-apartment Hyatt House Bengaluru Devanahalli (opening 2027). These strategic developments expand Brigade's hospitality footprint in key South Indian business and leisure hubs.

Execution

2027-2029