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Brigade Hotel Ventures Ltd Q3 FY26 Results

BRIGHOTELQ3 FY26 Results
Filing
MetricValue (₹ Cr)vs Q2 FY26
Revenue138.7610.4%
Total Income142.9210.1%
Expenditure114.061.4%
PBT28.86104.5%
Net Profit21.72104.9%
OPM34.07%4.52pp
NPM15.20%7.03pp
EPS0.53103.8%
View full financials

Brigade Hotel Ventures Ltd. Revenue Grows 14% in Q3FY26: PAT Surges 126%

28 Jan 2026 · 28 Jan, 6:22 pm

Summary

Brigade Hotel Ventures Ltd. (BHVL), the hospitality arm of the Brigade Group, has reported a consolidated total revenue of 7143 crore in Q3 FY26, a growth of 14% over Q3 FY25. PAT stood at 22 crores in Q3 FY26 compared to 10 crores, a growth of 126% over the previous comparable period. Revenue from operations stood at 2139 crores in Q3 FY26, compared to 124 crores in Q3 FY25. EBITDA stood at 251 crores in Q3 FY26, a growth of 17% over Q3FY25. F&B revenue stood at 46 crore in Q3 FY26 compared to 44 crore in Q3 FY25, a growth of 4%. ARR for the quarter Q3 FY26 grew 17% YoY from 6,708 to 7,852, while RevPAR rose 17% YoY from 5,085 to 5,973, with occupancy touching 76.1%.

Key Highlights

  1. 1

    Revenue grows 14% in Q3FY26

  2. 2

    PAT surges 126% in Q3FY26

  3. 3

    EBITDA grows 17% in Q3FY26

  4. 4

    F&B revenue grows 4% in Q3FY26

  5. 5

    ARR grows 17% YoY in Q3FY26

  6. 6

    RevPAR grows 17% YoY in Q3FY26

  7. 7

    Occupancy touches 76.1% in Q3FY26

  8. 8

    9MFY26 consolidated total revenue grows 19%

  9. 9

    9MFY26 PAT stands at 240 crores

  10. 10

    9MFY26 EBITDA grows 17%

  11. 11

    9MFY26 F&B revenue grows 16%

  12. 12

    9MFY26 ARR increases 13% YoY

  13. 13

    9MFY26 RevPAR stands at 25,465

Management Comments

N

Nirupa Shankar

Brigade Hotel Ventures performance was supported by sustained domestic travel demand, with corporate and leisure travel, along with continued strength in weddings and MICE activity. Limited new supply in our core markets, combined with well-differentiated assets, further supported favourable occupancy and pricing trends. Looking ahead, we expect growth to be led by our existing hotels, incremental contribution from F&B additions/ renovations, and the ramp-up of Grand Mercure Ahmedabad GIFT City and ibis Styles Mysuru. With nine upcoming hotels across the luxury and upscale segments, we are progressively strengthening and diversifying our portfolio, positioning the company well for sustained growth

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