Brigade Hotel Ventures Reports 140% Year-on-Year Surge in Q1 FY27 Profit After Tax

Brigade Hotel Ventures Reports 140% Year-on-Year Surge in Q1 FY27 Profit After Tax​

Brigade Hotel Ventures Limited (BHVL) reported a significant increase in profitability for the first quarter of Fiscal Year 2027, with consolidated Profit After Tax (PAT) surging by 140% compared to the prior year. The company's results reflect strong operating performance and cost discipline across its portfolio of nine hotels located primarily in South India.

BHVL announced that its consolidated PAT reached ₹17 Crore in Q1 FY27, up from ₹7 Crore in Q1 FY26. Consolidated total revenue stood at ₹131 Crore for the quarter, compared to ₹125 Crore in Q1 FY26, marking a 5% growth. Operating EBITDA was reported at ₹46 Crore, which represents a 9% increase over Q1 FY26.

The operational performance metrics showed varied trends across the company's assets. F&B revenue stood at ₹42 crore in Q1 FY27, down from ₹47 crore in Q1 FY26. On the positive side, Average Revenue per Room (ARR) grew 7% year-on-year, rising from ₹6,761 to ₹7,241. Simultaneously, Revenue Per Available Room (RevPAR) rose by 9% year-on-year, increasing from ₹5,040 to ₹5,479, while overall occupancy stood at 75.7%.

Operational Highlights and Management View​

In Bengaluru, the company saw specific growth indicators, with RevPAR rising 10% year-on-year from ₹6,437 to ₹7,099. This regional strength was supported by ARR increasing from ₹8,223 to ₹8,435, alongside an occupancy rate of 84.2%.

Nirupa Shankar, Managing Director of Brigade Hotel Ventures Ltd., commented on the financial results, stating that Q1 FY27 demonstrated steady and broad-based improvement across the portfolio. While softer corporate and MICE activity, as well as air travel disruptions affected banqueting and F&B revenue, domestic demand remained resilient. Room revenue was identified as a key growth driver, bolstered by strong pricing power and continued occupancy gains in Bengaluru.

Shankar also noted that operating EBITDA improved due to sustained cost discipline, and the sharp rise in PAT resulted from stronger operating performance combined with lower finance costs following debt reduction efforts. BHVL remains focused on its expansion strategy, which includes doubling its key count and developing a diversified portfolio spanning luxury, leisure, and business segments.

Portfolio Updates​

The company also announced operational updates across its properties. The Kochi Infopark property has been rebranded as Courtyard by Marriott. Furthermore, the launch of the new Courtyard by Marriott in WTC Chennai is scheduled for Q3 FY27.

Brigade Hotel Ventures Limited operates a portfolio of nine hotels spanning various cities in India, including Bengaluru (Karnataka), Chennai (Tamil Nadu), Kochi (Kerala), Mysuru (Karnataka), and GIFT City (Gujarat). The company holds 1,604 keys across these properties. These hotels are operated by global hospitality companies such as Marriott, Accor, and InterContinental Hotels Group, serving the upper upscale, upscale, upper-midscale, and midscale segments.

BRIGHOTEL Stock Price Movement​

Shares of Brigade Hotel Ventures Limited today slipped by 1.21% to settle at ₹61.34 in post-market trading. The stock saw a volume of 135,426 shares traded during the session.