Brigade Hotel Ventures Reports 8% Revenue Growth in Q4FY26, PAT Jumps 92%

Brigade Hotel Ventures Limited (BHVL) has reported strong financial performance for the fourth quarter and full financial year 2025–26, reflecting sustained momentum in India’s hospitality sector and rising domestic travel demand.

For Q4 FY26, the company reported consolidated total revenue of ₹146 crore, registering an 8 per cent increase over the corresponding quarter of FY25. Revenue from operations stood at ₹136 crore compared to ₹134 crore in the same period last year, while EBITDA rose 13 per cent year-on-year to ₹58 crore.

Profit After Tax (PAT) for the quarter surged 92 per cent to ₹25 crore, up from ₹13 crore in Q4 FY25, indicating stronger profitability and operational efficiency.

BHVL’s hospitality performance remained robust, supported by improved pricing metrics. Average Room Revenue (ARR) for the quarter grew 7 per cent year-on-year to ₹8,066 from ₹7,548. Revenue Per Available Room (RevPAR) rose 6 per cent to ₹6,295 compared to ₹5,935 last year, while occupancy remained healthy at 78 per cent.

In the Bengaluru market, which remains a key revenue contributor, ARR increased 4 per cent to ₹9,661, while RevPAR improved to ₹7,976. The company noted that year-on-year comparison was impacted by the high base effect created by Aero India in the same period last year.

For the full financial year FY26, BHVL reported consolidated total revenue of ₹543 crore, marking a 15 per cent growth over FY25. Revenue from operations increased to ₹525 crore from ₹468 crore in the previous financial year.

Annual PAT surged 174 per cent to ₹65 crore, compared to ₹24 crore in FY25, highlighting the company’s strong earnings growth and improving profitability.

EBITDA for FY26 stood at ₹192 crore, up 15 per cent year-on-year, reflecting operational stability across its hotel portfolio.

Food and Beverage (F&B) revenue also witnessed strong growth, rising 15 per cent to ₹176 crore in FY26 compared to ₹153 crore in FY25, demonstrating increasing demand across hospitality and dining segments.

For the full year, ARR improved 11 per cent year-on-year to ₹7,453, while occupancy stood at 76.1 per cent. RevPAR rose to ₹5,670 from ₹5,138 in FY25, indicating stronger monetisation of room inventory.

Commenting on the results, Nirupa Shankar said FY26 was a year of steady progress for India’s hospitality industry, driven by strong domestic demand despite global economic challenges, geopolitical uncertainties, and uneven international travel patterns.

She noted that Bengaluru continued to be a major growth driver for the company, supported by healthy occupancy levels and improved room rates.

BHVL currently owns and develops hotels across major Indian cities including Bengaluru, Chennai, Kochi, Mysuru, and GIFT City, with a portfolio of nine operational hotels and 1,604 keys.

The properties are operated by global hospitality brands such as Marriott International, Accor, and InterContinental Hotels Group across upper upscale, upscale, upper-midscale, and midscale segments.

The company said it remains focused on expansion and diversification of its hospitality portfolio to drive long-term growth and strengthen its presence across key markets in India.