NSEPress Release6d ago · 26 Oct 2026, 05:20 pm
Press Release
Brigade Hotel Ventures Limited · BRIGHOTEL
✦ AI Summary▲ PositiveResults
Brigade Hotel Ventures Ltd. reported a 10% growth in total revenue and a 105% growth in Profit After Tax (PAT) for Q2 FY27, driven by a 26% increase in EBITDA and a 10% growth in F&B revenue.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment8/10
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Brigade Hotel Ventures Limited has informed the Exchange regarding a press release dated October 26, 2026, titled "Brigade Hotel Ventures Ltd. Total Revenue Grows 10% in Q2FY27: Profit After Tax (PAT) more than double".
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Ref: BHVL/NSEBSE/PR/26102026 October 26, 2026
Listing Department Department of Corporate Services – Listing
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers
Bandra Kurla Complex Dalal Street
Bandra (E), Mumbai – 400 051 Mumbai – 400 001
Re.: Scrip Symbol: BRIGHOTEL /Scrip Code: 544457
Dear Sir/ Madam,
Subject: Press Release - Brigade Hotel Ventures Ltd. Total Revenue Grows 10% in Q2FY27:
Profit After Tax (PAT) more than double:
We are enclosing herewith the Press Release relating to the unaudited financial results for the
quarter ended September 30, 2026 titled “Brigade Hotel Ventures Ltd. Total Revenue Grows 10%
in Q2FY27: Profit After Tax (PAT) more than double”.
The above information is also hosted on the website of the Company at www.bhvl.in.
Kindly take the same on your records.
Thanking you,
Yours faithfully,
For Brigade Hotel Ventures Limited
Akanksha Bijawat
Company Secretary & Compliance Officer
Encl: a/a
PRESS RELEASE
Brigade Hotel Ventures Ltd. Total Revenue Grows 10% in Q2FY27: Profit After Tax (PAT)
more than double
Bengaluru, October 26, 2026: Brigade Hotel Ventures Ltd. (BHVL), reported a consolidated total
revenue of ₹142 Crores in Q2 FY27, a growth of 10% over Q2 FY26. Consolidated PAT stood at ₹22
Crores in Q2 FY27 compared to ₹11 Crores, a growth of 105% over the previous comparable period.
Consolidated revenue from operations stood at ₹138 Crores, compared to ₹126 Crores in Q2
FY26. EBITDA stood at ₹52 Crores, a growth of 26% over Q2 FY26.
F&B revenue stood at ₹46 Crores in Q2 FY27 compared to ₹42 Crores in Q2 FY26, a growth of 10%.
Average Room Revenue (ARR) for the quarter grew 11% YoY from ₹7,106 to ₹7,876, while RevPAR
rose 10% YoY from ₹5,374 to ₹5,922, with occupancy touching 75.2%. Bengaluru market witnessed
ARR growth of 8% YoY from ₹8,738 to ₹9,422 and RevPAR increasing from ₹6,807 to ₹7,611,
registering a growth of 12% over Q2 FY26.
H1 FY27
The Company reported a consolidated total revenue of ₹273 Crores in H1 FY27, a growth of 7% over
H1 FY26. Consolidated PAT stood at ₹39 Crores in H1 FY27 compared to ₹18 Crores in H1 FY26, a
growth of 122%. Consolidated revenue from operations stood at ₹265 Crores, compared to ₹250 Crores
in H1 FY26. EBITDA stood at ₹98 Crores, a growth of 18% over H1 FY26.
F&B revenue stood at ₹88 Crores in H1 FY27 compared to ₹89 Crores in H1 FY26. For H1 FY27,
ARR increased 9% YoY to ₹7,559 with occupancy at 75.4%, leading to a RevPAR of ₹5,702, up from
₹5,209 in H1 FY26. Performance during the period was supported by the quality of the company’s
assets, strong brand positioning, and consistent execution across markets.
Commenting on the financial performance, Nirupa Shankar, Managing Director, Brigade Hotel
Ventures Ltd. said, “We are pleased with our Q2 FY27 performance despite West Asia crisis
uncertainties. We delivered a double digit growth in revenue and a greater than 100% increase in
PAT. RevPAR. EBIDTA saw a 26% increase over the same quarter last year.
After a muted Q1, MICE activity picked up meaningfully, with a large electronics conference in
Bengaluru lifting both rooms and F&B.
We enter H2 with confidence. October trends and enquiries point to a strong Q3, supported by festive,
wedding and MICE demand. We are on track to launch Courtyard by Marriott Chennai World Trade
Centre and are actively evaluating acquisition opportunities.
With a strong development pipeline and a growing share of luxury and upper-upscale hotels, we remain
on track to double our portfolio by FY30, with a meaningful uplift in ARR along the way.”
About Brigade Hotel Ventures Limited: Brigade Hotel Ventures Limited (BHVL) is an owner and
developer of hotels in key cities in India primarily across South India. The Company is the second
largest owner of chain-affiliated hotels and rooms in South India among major private hotel asset
owners. BHVL is a subsidiary of Brigade Enterprises Limited (BEL) which is one of the leading Indian
real estate developers in India. The Company has a portfolio of nine operating hotels across Bengaluru
(Karnataka), Chennai (Tamil Nadu), Kochi (Kerala), Mysuru (Karnataka) and the GIFT City (Gujarat)
with 1,602 keys. The hotels are operated by global marquee hospitality companies such as Marriott,
Accor and InterContinental Hotels Group, and fall into the upper upscale, upscale, upper-midscale, and
midscale segments.
For media inquiries, please contact:
Miriam Macwana
Head-Corporate Communication
investors@bhvl.in
For Investor Relations, please contact:
Strategic Growth Advisors (SGA)
CIN: U74140MH2010PTC204285
Mr. Deven Dhruva / Ms. Krisha Shrimankar
deven.dhruva@sgapl.net / krisha.shrimankar@sgapl.net
Tel: +91 98333 73300 / +91 87797 99281
www.sgapl.net