Brigade Hotel Ventures Q2 FY26 Profit Surges 58%

Bengaluru-based Brigade Hotel Ventures Ltd (BHVL), the hospitality arm of Brigade Group, reported a 57.97 per cent rise in net profit to Rs 10.6 crore for the second quarter of FY26, compared to Rs 6.71 crore in the same period last year. The growth was driven by steady operational momentum and improved cost management.

The company's net revenue in Q2FY26 stood at Rs 129.8 crore, up 19.69 per cent from Rs 108.44 crore a year earlier. Revenue from operations stood at Rs 125.72 crore, up 16.51 per cent from Rs 107.9 crore. EBITDA stood at Rs 41 crore, a growth of 9 per cent over Q2FY25.

Room pricing metrics show robust gains. ARR for the quarter grew 14 per cent year-on-year from Rs 6,247 to Rs 7,106, while RevPAR (revenue per available room) rose 13 per cent from Rs 4,745 to Rs 5,374. Food and beverage revenue stood at Rs 42 crore in Q2FY26 compared to Rs 37 crore in Q2FY25, a growth of 14 per cent.

At the full-year level, the company posted stronger numbers. The company reported total revenue of Rs 255 crore in H1FY26, marking a 21 per cent increase over H1FY25. Profit after tax rose sharply to Rs 18 crore from Rs 1 crore in the same period last year. Average room rates increased 10 per cent to Rs 6,936, with occupancy at 75.1 per cent, driving a RevPAR of Rs 5,209, up from Rs 4,713 in H1FY25.

Brigade's expansion reflects confidence in hospitality demand. The company plans to double its portfolio over the next five years, adding approximately 1,700 keys with a capex investment of INR 3,600 crores. Brigade is leveraging favorable market conditions—India's hospitality sector is expected to maintain its rebound, with the broader branded hotel segment likely to see 7–8 per cent RevPAR growth in FY2026, with average room rates projected to rise to around Rs 8,400–8,600.

The brand's focus on operational excellence continues to yield results. The company is focusing on enhancing guest experiences, driving F&B revenue, and maintaining a commitment to sustainability with 60% of energy from renewable sources. With reduced debt after IPO proceeds deployment and a clear growth roadmap, Brigade Hotel Ventures is well-positioned to capitalize on the sector's positive momentum.