Brigade Hotel Ventures Pvt. Ltd. (BHVL) registered a total revenue of ₹130 crore in Q2 FY26, a growth of 20% over Q2 FY25. PAT stood at ₹11 crores in Q2 FY26 compared to ₹7 crores, a growth of 58% over the comparable period, driven by steady growth in business momentum and reduced finance costs and tax expenses. Revenue from operations stood at ₹126 crores, compared to ₹108 crores in Q2 FY25. EBITDA stood at ₹41 crores, a growth of 9% over Q2 FY25.
F&B revenue stood at ₹42 crore in Q2 FY26 compared to ₹37 crore in Q2 FY25, a growth of 14%. ARR for the quarter grew 14% YoY from ₹6,247 to ₹7,106, while RevPAR rose 13% YoY from ₹4,745 to ₹5,374, with healthy occupancy of 75.6%. Geographically, Bengaluru continued to lead performance, with ARR up 19% YoY from ₹7,316 to ₹8,738 and RevPAR increasing from ₹5,959 to ₹6,807. ibis Mysuru, which became operational in Q3 FY25, is also ramping up well with occupancy at 61.4%.
Strong H1 FY26 Results
The company reported total revenue of ₹255 crore in H1 FY26, a growth of 21% over H1 FY25. PAT stood at ₹18 crores in H1 FY26 compared to ₹1 crore in H1 FY25. Revenue from operations stood at ₹250 crores, compared to ₹210 crores in H1 FY25. EBITDA stood at ₹83 crores, a growth of 16% over H1 FY25.
F&B revenue stood at ₹89 crore in H1 FY26 compared to ₹72 crore in H1 FY25, a growth of 24%. For H1 FY26, ARR increased 10% YoY to ₹6,936, with occupancy at 75.1%, leading to a RevPAR of ₹5,209, up from ₹4,713 in H1 FY25. The company’s strategic partnerships with leading hospitality brands continue to enhance guest experience and operational efficiency.
Leadership Insight and Future Outlook
“BHVL had a strong Q2 FY26 with revenue up 20% YoY to ₹130 Cr, EBITDA stood at ₹41 Cr, and PAT at ₹11 Cr, driven by robust performance and lower finance costs. Our continued focus on enhancing ARR and driving higher RevPAR has yielded strong results. ARR is up 14% YoY to ₹7,106 and RevPAR is up 13% YoY to ₹5,374 with healthy occupancy of 75.6%. We have planned a total investment of around ₹3,600 crore to add 9 new hotels (around 1,700 keys), thereby doubling our portfolio to 18 hotels (around 3,300 keys) by FY30. Looking ahead, we remain focused on driving RevPAR growth across the existing portfolio while expanding our footprint. We expect 45 keys to become operational in FY27. We are committed to strengthening our footprint in high-potential geographies, backed by a healthy pipeline of new keys and robust brand partnerships. Our emphasis on driving RevPAR through enhanced pricing strategies, guest experience, and asset optimization remains central to our approach. We will continue to build on our strong foundation with a clear focus on strategic growth, operational excellence, and market expansion,” said Nirupa Shankar, Managing Director of Brigade Hotel Ventures Pvt. Ltd.
