| Metric | Value (₹ Cr) | vs Q3 FY26 |
|---|---|---|
| Revenue | 136.39 | 1.7% |
| Total Income | 145.69 | 1.9% |
| Expenditure | 111.89 | 1.9% |
| PBT | 33.80 | 17.1% |
| Net Profit | 25.11 | 15.6% |
| OPM | 35.58% | 1.51pp |
| NPM | 17.24% | 2.04pp |
| EPS | 0.60 | 13.2% |
BHVL FY26 PAT Surges 174% to Y65 Cr; Q4 PAT Up 92%
28 Apr 2026 · 28 Apr, 6:52 pm
Summary
Brigade Hotel Ventures Ltd. (BHVL) concluded Q4 FY26 with a consolidated total revenue of ₹146 Crores, an 8% increase year-over-year, alongside a significant 92% surge in Profit After Tax (PAT) to ₹25 Crores. For the full financial year FY26, the company reported consolidated revenue of ₹543 Crores, growing 15% from FY25, and a remarkable 174% rise in PAT to ₹65 Crores. Managing Director Nirupa Shankar noted that FY26 was a year of steady progress for India's hospitality sector, driven by strong domestic demand, and highlighted sustained improvement in ARR and RevPAR across their portfolio. Despite some Q4 occupancy stagnation due to elevated airfares and softer travel demand, the company remains firmly on track with its expansion plans to drive long-term growth.
Key Highlights
- 1
Brigade Hotel Ventures Ltd. (BHVL) reported a consolidated total revenue of ₹146 Crores in Q4 FY26, marking an 8% growth over Q4 FY25.
- 2
Profit After Tax (PAT) for Q4 FY26 surged by 92% to ₹25 Crores, compared to ₹13 Crores in the previous comparable period.
- 3
For the full financial year FY26, the company achieved a consolidated revenue of ₹543 Crores, representing a 15% increase over FY25.
- 4
Consolidated PAT for FY26 dramatically grew by 174% to ₹65 Crores, up from ₹24 Crores in FY25.
- 5
EBITDA for FY26 stood at ₹192 Crores, reflecting a 15% growth over FY25, while Q4 FY26 EBITDA grew 13% to ₹58 Crores.
- 6
Average Room Revenue (ARR) for FY26 increased 11% year-on-year to ₹7,453 with occupancy at 76.1%, leading to a RevPAR of ₹5,670.
- 7
In Q4 FY26, ARR grew 7% year-on-year to ₹8,066 and RevPAR rose 6% to ₹6,295, with occupancy reaching 78.0%.
Management Comments
Nirupa Shankar
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.
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