India · Delayed Price · Currency is INR Brigade Hotel Ventures Earnings Call Transcripts
Fiscal Year 2027
-
Q1 FY 2027 delivered strong profit growth and margin expansion, driven by robust domestic demand and effective rate management, despite geopolitical headwinds and a temporary dip in F&B and MICE revenues. Expansion and deleveraging continue, with a positive outlook for the rest of the year.
Fiscal Year 2026
-
Q4 FY26 saw 8% YoY income growth and 13% EBITDA growth, with PAT up 174% for the year. Robust domestic demand offset international volatility, while disciplined cost control and debt reduction boosted margins. ADR and occupancy remain strong, supporting positive outlook.
-
Q3 FY26 saw 14% YoY income growth and 17% EBITDA rise, with strong occupancy and RevPAR gains led by Bangalore and Ahmedabad. Expansion plans target doubling keys by FY30, with CapEx back-ended and funded by fresh debt. GST impact to ease as ADRs rise above INR 7,500.
-
Total income grew 20% year-on-year in Q2 FY 2026, with EBITDA up 9% and PAT up 58%. Expansion plans aim to double hotel keys over five years, with strong ARR and RevPAR growth across key markets. Outlook remains positive, supported by robust demand and strategic capital deployment.
-
Revenue and EBITDA grew 22% and 24% year-over-year, with strong RevPAR gains in key markets and F&B revenue up 32%. Expansion plans include nine new hotels, a shift toward premium segments, and a robust balance sheet post-IPO.