Wednesday, 7 October 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call Transcript

Brigade Hotel Ventures Earnings Call Transcript: Key Takeaways

Brigade Hotel Ventures delivered strong Q1 FY27 results, leveraging a zero-institutional debt position to double PAT despite geopolitical headwinds in West Asia affecting international travel.

Guidance and delivery
Management target Revenue 15.0% FY27
Highlights
Revenue growth5% YoY growth to ₹131 Cr driven by domestic demand.
MarginsEBITDA margin at 34.8%; impacted 1.6% by GST 2.0 change.
Demand visibilityStrong domestic corporate and social event demand offset international softness.
Management confidenceHigh; focused on aggressive expansion and rate-led RevPAR growth.

Growth

Revenue rose 5% YoY to ₹131 Cr; EBITDA up 9% YoY. Growth was rate-led with ADR increasing 7% despite occupancy dipping in Kochi.

Outlook

Targeting 3,300 keys by FY31 via ₹3,600 Cr capex. FY27 growth guided at mid-teens percentage.

Risks

Kochi occupancy dip due to airline crew business loss; potential MICE event postponement if geopolitical tensions persist.

Last quarter's promises, checked

Delivered

  • Guided 60% debt financing for growth → delivered zero institutional debt post-IPO (= BEAT)
  • Guided Q3 FY27 Courtyard Chennai launch → delivered Oct FY27 timeline (= BEAT)
  • Guided mid-teens FY26 EBITDA growth → delivered 15% YoY (= BEAT)

Partly delivered

  • Guided mid-teens FY26 Revenue growth → delivered 15% for year/5% for Q1 (= PARTIAL)

Missed

  • Guided stable occupancy → delivered dip in Kochi due to crew loss (= MISS)
  • Guided 37.5%-38% EBITDA margin → delivered 34.8% (= MISS)
Source

Earnings Call Transcript filed with BSE, NSE: BRIGHOTEL. Summary written with AI assistance from the document.

Read the document ↗

Brigade Hotel Ventures Ltd: key numbers

Share price
₹56.11
Market cap
₹2,131 Cr
Revenue (annual)
₹525.0 Cr
Net profit (annual)
₹58.46 Cr
P/E (TTM)
31.2×Sector 43.2×
Promoter holding
74.09%+0.00% QoQ
FII holding
0.81%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Brigade Hotel Ventures Ltd

All →
18:42 IST NSE
Annual General Meeting

Brigade Hotel Ventures Annual General Meeting

Brigade Hotel Ventures Limited announced a postal ballot notice for approving an ESOP scheme and material related party transactions with its subsidiary, SRP Prosperita Hotel Ventures Limited.

Value
₹64.22 Cr
18:36 IST NSE
Annual General Meeting

Brigade Hotel Ventures Annual General Meeting

Brigade Hotel Ventures Limited issued a Postal Ballot Notice to seek member approval for the proposed 'BHVL Employee Stock Option Plan 2026' and related party transactions.

15:59 IST BSE
Management Change

Brigade Hotel Ventures Management Change

Brigade Hotel Ventures Limited has appointed Vinay Gupta as its new Chief Executive Officer, effective August 24, 2026.

20:35 IST NSE
Management Change

Brigade Hotel Ventures Management Change

Brigade Hotel Ventures Limited has appointed Mr. Vinay Gupta as Chief Executive Officer, effective August 17, 2026. He brings extensive global hospitality leadership experience.

20:26 IST BSE
Annual General Meeting

Brigade Hotel Ventures Annual General Meeting

Brigade Hotel Ventures held its Tenth Annual General Meeting on August 05, 2026. Members transacted ordinary and special business items as listed.