Brigade Hotel Ventures Limited has informed the Exchange regarding a press release dated August 11, 2025, titled "Brigade Hotel Ventures Limited Reports Robust Q1 FY26 Performance; Portfolio Revenue Up 22% YoY, EBITDA Grows 24%".
BRIGHOTEL · price
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Brigade Hotel Ventures Limited reported its unaudited Q1 FY26 results (quarter ended June 30, 2025), with portfolio revenue rising 22% year-on-year to INR 125 crore from INR 102.2 crore. EBITDA grew 24% to INR 41.8 crore, while food and beverage revenue jumped 32% YoY to INR 43.9 crore. The growth was driven by strong RevPAR (revenue per available room) gains in Bangalore (~12%), Chennai (~13%), and especially GIFT City in Gujarat (~44%). The company currently operates 9 hotels with 1,604 keys across South India, and its entire portfolio is now EDGE-certified for green building standards. Post its recently completed IPO, BHVL plans to add 9 new hotels and double its room count over the next 4-5 years, funded by IPO proceeds and operating cash flows.
Strong double-digit growth in revenue and EBITDA, along with solid RevPAR expansion across key markets, is a positive signal for shareholders and likely to boost post-IPO investor sentiment. The growth outlook remains upbeat, supported by corporate travel, festive demand, and new property additions, though execution of the expansion plan bears watching.