Brigade Hotel Ventures Limited has informed the Exchange about Transcript
BRIGHOTEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Brigade Hotel Ventures delivered strong Q4 FY '26 with total income of INR146 crores (+8% YoY), EBITDA of INR58 crores (+13% YoY), and PAT of INR25 crores (vs INR13 crores). For the full year FY '26, income grew 15% to INR543 crores and PAT surged 174% to INR65 crores. Management flagged geopolitical disruptions caused INR7-8 crores in F&B cancellations (~5% of quarterly business), partially offset by 7% ADR growth. EBITDA margin was impacted 1.4% by GST 2.0 and ~INR6 crores by one-time property tax. Key near-term plans include rebranding Kochi hotel to Courtyard by Marriott and launching a new Courtyard in Chennai (Q3). The company maintains a net cash position of INR110 crores and targets ARR to exceed INR10,000 by FY '29 and INR14,000 by FY '31.
Strong bottom-line growth with 174% PAT jump validates operational leverage. Management's multi-year ARR guidance and disciplined capital allocation provide long-term visibility, though near-term headwinds from geopolitical disruptions on international travel and GST margin pressure remain.