Brigade Hotel Ventures Reports 174% Surge in Annual Profit; Q4 PAT Nearly Doubles to ₹25 Crore
Bengaluru, April 29, 2026: Brigade Hotel Ventures Ltd. (BHVL) has announced a stellar financial performance for the fiscal year ended March 31, 2026, highlighted by a massive 174% surge in annual Profit After Tax (PAT). The company reported a consolidated PAT of ₹65 crores for FY26, up from ₹24 crore in the previous year, while total annual revenue climbed 15% to reach ₹543 crore. This growth was mirrored in the fourth quarter, where PAT jumped 92% to ₹25 crore on the back of disciplined revenue management and improved room rates, it said in a press release.
Operational metrics for the hospitality major remained strong throughout the year, with Average Room Revenue (ARR) increasing 11% to ₹7,453 and occupancy levels maintaining a healthy 76.1%. In the final quarter, ARR rose to ₹8,066, representing a 7% year-on-year increase. The Bengaluru market continued to be a significant contributor to the bottom line, despite the impact of a high base from the previous year’s Aeroshow, with the city’s ARR reaching ₹9,661. Furthermore, the company’s Food & Beverage (F&B) segment saw a robust 15% growth, contributing ₹176 Crores to the annual revenue.
Reflecting on the year’s achievements, Nirupa Shankar, Managing Director of Brigade Hotel Ventures Ltd., noted the industry’s ability to navigate global headwinds. “FY26 was a year of steady progress for India’s hospitality sector, driven by strong domestic demand and the industry’s resilience despite global turbulence, including economic slowdowns, geopolitical challenges, and uneven international travel. For FY26, we are pleased to report strong double-digit growth in revenue and a 174% increase in PAT, driven by sustained improvement in ARR and RevPAR across our portfolio. This performance reflects the resilience of our assets and the strength of underlying demand, with Bengaluru emerging as a key growth driver, supported by robust ARR growth and healthy occupancy levels,” she said.
Despite the record-breaking annual figures, the fourth quarter faced specific logistical and market hurdles. Shankar explained that while revenue management supported growth in Q4, external factors played a role in stabilizing occupancy. “In Q4 FY26, disciplined revenue management supported growth; however, occupancy remained stagnant due to elevated airfares, softer travel demand, and temporary gas supply disruptions. We remain firmly on track with our expansion plans, focused on building a well-diversified portfolio to drive long-term growth,” she added. With an EBITDA of ₹192 Crores for the full year, the company remains positioned for continued expansion across its diverse hospitality portfolio.
