NSEPress Release5 Aug 2026 · 5 Aug 2026, 05:32 pm
Press Release
Brigade Hotel Ventures Limited · BRIGHOTEL
✦ AI Summary▲ PositiveResults
Brigade Hotel Ventures Limited reported a 140% YoY growth in Q1 FY27 PAT to ₹17 Crore, with consolidated total revenue growing 5% YoY to ₹131 Crore. The company's operational highlights include a 7% YoY growth in ARR, 9% YoY growth in RevPAR, and occupancy of 75.7%.
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Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment9/10
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Brigade Hotel Ventures Limited has informed the Exchange regarding a press release dated August 05, 2026, titled "Brigade Hotel Ventures Ltd. Q1 FY27 Profit After Tax (PAT) Surges 140% YoY".
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Ref: BHVL/NSEBSE/PR/05082026 August 05, 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. Q1 FY27 Profit After Tax (PAT) Surges
140% YoY
We are enclosing herewith the press release relating to the unaudited financial results for the quarter
ended June 30, 2026 titled “Brigade Hotel Ventures Ltd. Q1 FY27 Profit After Tax (PAT) Surges 140%
YoY”.
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. Q1 FY27 Profit After Tax (PAT) Surges 140% YoY
Bengaluru, August 5, 2026: Brigade Hotel Ventures Limited (BHVL), reported a consolidated PAT of
₹17 Crore in Q1 FY27 compared to ₹7 Crore in Q1 FY26, a growth of 140%. Consolidated total revenue
stood at ₹131 Crore for Q1 FY27 compared to ₹125 Crore in Q1 FY26, a growth of 5%. Operating
EBITDA stood at ₹46 Crore, a growth of 9% over Q1 FY26.
Operational Highlights
- F&B revenue stood at ₹ 42 crore in Q1 FY27 compared to ₹47 crore in Q1 FY26
- ARR for the quarter grew 7% YoY from ₹ 6,761 to ₹ 7,241,
- RevPAR rose 9% YoY from ₹ 5,040 to ₹ 5,479
- Occupancy was at 75.7%
Bengaluru continued to lead the growth story with RevPAR up 10% YoY from ₹ 6,437 to ₹ 7,099 led
by ARR increasing from ₹8,223 to ₹ 8,435 with Occupancy at 84.2%.
Commenting on the financial performance, Nirupa Shankar, Managing Director, Brigade Hotel
Ventures Ltd. said, “Q1 FY27 reflected steady, broad-based improvement across our portfolio, with
resilient domestic demand despite softer corporate/MICE activity, air travel disruptions, and a quiet
events calendar weighing on banqueting and F&B. Room revenue remained the key growth driver, with
healthy RevPAR growth led by strong pricing power and continued occupancy gains in Bengaluru.
Operating EBITDA and margins improved on sustained cost discipline, while profit after tax rose
sharply on stronger operating performance and lower finance costs post debt reduction. We remain
focused on our expansion plans of doubling our keys and building a diversified portfolio across luxury,
leisure, and business segments.”
The quarter also saw the rebranding of the Kochi Infopark property to Courtyard by Marriott. The
launch of Courtyard by Marriott at WTC Chennai is scheduled for Q3 FY27.
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 1,604 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. Prachi Chhugani
deven.dhruva@sgapl.net / prachi.chhugani@sgapl.net
Tel: +91 98333 73300 / +91 89492 92029
www.sgapl.net