Bengaluru, April 28, 2026: Brigade Hotel Ventures Ltd. (BHVL), reported a consolidated total revenue of ₹146 Crores in Q4 FY26, a growth of 8% over Q4 FY25. Consolidated PAT stood at ₹25 Crores in Q4 FY26 compared to ₹13 Crores, a growth of 92% over the previous comparable period. Consolidated revenue from operations stood at ₹136 Crores, compared to ₹134 Crores in Q4 FY25. EBITDA stood at ₹58 Crores, a growth of 13% over Q4 FY25.
Average Room Revenue (ARR) for the quarter grew 7% YoY from ₹7,548 to ₹8,066, while RevPAR rose 6% YoY from ₹5,935 to ₹6,295, with occupancy touching 78.0%. Bengaluru market witnessed ARR growth of 4% YoY from ₹9,316 to ₹9,661 and RevPAR increasing from ₹7,594 to ₹7,976, performance impacted due to a high base with the Aeroshow in the same period last year.
FY26
The Company reported a consolidated revenue of ₹543 Crores in FY26, a growth of 15% over FY25. Consolidated PAT stood at ₹65 Crores in FY26 compared to ₹ 24 Crores in FY25, a growth of 174%. Consolidated revenue from operations stood at ₹525 Crores, compared to ₹468 Crores in FY25. EBITDA stood at ₹192 Crores, a growth of 15% over FY25.
F&B revenue stood at ₹176 Crores in FY26 compared to ₹153 Crores in FY25, a growth of 15%. For FY26, ARR increased 11% YoY to ₹7,453 with occupancy at 76.1%, leading to a RevPAR of ₹5,670, up from ₹5,138 in FY25. 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,
“FY26 was a year of steady progress for India’s hospitality sector, driven by strong domestic demand and the industry’s resilience despite global turbulence, including economic slowdowns, geopolitical challenges, and uneven international travel.
For FY26, we are pleased to report strong double-digit growth in revenue and a 174% increase in PAT, driven by sustained improvement in ARR and RevPAR across our portfolio. This performance reflects the resilience of our assets and the strength of underlying demand, with Bengaluru emerging as a key growth driver, supported by robust ARR growth and healthy occupancy levels.
In Q4 FY26, disciplined revenue management supported growth; however, occupancy remained stagnant due to elevated airfares, softer travel demand, and temporary gas supply disruptions.
We remain firmly on track with our expansion plans, focused on building a well-diversified portfolio to drive long-term growth.”
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.
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