Brigade Hotel Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book
Published 25 Aug 2026 | Leisure Services | Market Cap: ₹2.2K Cr
Expected mid-teens revenue growth for FY27, despite a slower start in Q1 due to cancellations. Brigade Hotel Ventures Limited expects mid-teens growth in overall revenue for FY27, aiming to recover from earlier cancellations and geopolitical impacts.
From Brigade Hotel's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.
Price
₹60.6
Market Cap
₹2.2K Cr
P/E Ratio
33.0
How does Brigade Hotel rank in Leisure Services?
Compare Brigade Hotel against every Leisure Services company this quarter on revenue, margins and earnings-call signals.
Brigade Hotel — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹136 Cr, net profit ₹25 Cr.
Full financials →📊 Revenue & Sales Performance
- →Expected mid-teens revenue growth for FY27, despite a slower start in Q1 due to cancellations.
- →INR14 crore revenue loss in Q1 attributed to postponed/canceled MICE events; anticipated strong recovery in Q2-Q4.
- →Launch of Courtyard by Marriott Chennai (45-key hotel) in high-demand business district expected to contribute to revenue growth.
- →Expansion pipeline includes 1,700 new keys by FY30, increasing portfolio from 1,600 to 3,300 keys, supporting long-term growth.
- →Increasing luxury and upper upscale mix from 14% currently to 31% by FY29 and 38% by FY31, enhancing pricing power.
- →Portfolio ADR increased 7% YoY in Q1; target to push portfolio ADR above INR7,500 to offset GST impact and improve profitability.
- →Stable occupancy around 76%, with five of nine hotels above 80%, allowing room for ARR growth.
- →Buoyant upcoming quarters, especially Q4 FY27, due to aero shows and large MICE events recurring biennially.
📈 Profitability & Margins
- →Brigade Hotel Ventures Limited expects mid-teens growth in overall revenue for FY27, aiming to recover from earlier cancellations and geopolitical impacts.
- →Focus on increasing Average Room Rates (ARR) with a target to exceed INR7,500 across the portfolio to mitigate GST impact and improve margins.
- →Occupancy remains stable around 76%, with scope for growth in select hotels; emphasis on balancing ARR growth with occupancy to maximize RevPAR.
- →Opening of new assets like Courtyard by Marriott Chennai and planned launches such as JW Marriott and Thiruvananthapuram hotel by FY30 will contribute to revenue growth.
- →Capex of INR500 crores planned for FY27 to support portfolio expansion and operational enhancement.
- →Reduced finance cost contributes to profit growth; Q1 FY27 PAT increased by 140% YoY due to lower interest expenses.
- →Operating leverage and ARR growth expected to drive internal accruals of over INR1,000 crores over coming years, supporting sustained profitability.
🏗️ Capital Expenditure Plans
- →Total development pipeline Capex of approximately INR 3,600 crores to build ~1,700 keys by FY30, expanding portfolio from 1,600 to 3,300 keys.
- →INR 400 crores of Capex already deployed by FY26.
- →Planned Capex of INR 500 crores for FY27, with around INR 53 crores spent in Q1 FY27, and the balance (~INR 350 crores) expected in the remaining quarters.
- →Funding mix for Capex is balanced at roughly 60% borrowing and 40% internal accruals.
- →Expansion anchored by luxury and upper upscale brands like Grand Hyatt, InterContinental, JW Marriott, and Ritz-Carlton across Bangalore, Chennai, Hyderabad, and Kochi.
- →Pipeline includes new projects such as JW Marriott Chennai and Ritz-Carlton Vaikom, with expected commissioning by FY30.
- →Plans to acquire hotels using IPO proceeds, with ongoing discussions aiming to conclude an acquisition in FY27 pending due diligence.
💰 Fundraising & Capital Structure
📋 Order Book & Pipeline
Key Metrics
Frequently Asked Questions
What were Brigade Hotel Q1 FY27 results?
Expected mid-teens revenue growth for FY27, despite a slower start in Q1 due to cancellations. Brigade Hotel Ventures Limited expects mid-teens growth in overall revenue for FY27, aiming to recover from earlier cancellations and geopolitical impacts.
What is Brigade Hotel share price analysis?
Brigade Hotel currently shows a neutral. The stock trades at a P/E of 33.0 with a market cap of ₹2,246 Cr. Investors should review the full earnings analysis for detailed insights.
Is Brigade Hotel planning capital expenditure?
Total development pipeline Capex of approximately INR 3,600 crores to build ~1,700 keys by FY30, expanding portfolio from 1,600 to 3,300 keys.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.