Brigade Hotel Ventures Ltd
Brigade Hotel Ventures Limited is the owner and developer of hotels in key cities in India, primarily across South India.[1]
- Market Cap ₹ 2,356 Cr.
- Current Price ₹ 62.0
- High / Low ₹ 91.8 / 54.4
- Stock P/E 40.9
- Book Value ₹ 27.0
- Dividend Yield 0.00 %
- ROCE 11.7 %
- ROE 10.0 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 21.3% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Earnings include an other income of Rs.49.6 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Consumer Services Leisure Services Hotels & Resorts
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 205 | 228 | 63 | 124 | 302 | 343 | 404 | 454 | |
| 154 | 163 | 78 | 118 | 222 | 222 | 265 | 308 | |
| Operating Profit | 51 | 65 | -15 | 5 | 80 | 121 | 138 | 146 |
| OPM % | 25% | 28% | -24% | 4% | 26% | 35% | 34% | 32% |
| 2 | -5 | -34 | -4 | 13 | 1 | 2 | 50 | |
| Interest | 33 | 53 | 51 | 53 | 60 | 60 | 66 | 48 |
| Depreciation | 37 | 54 | 57 | 48 | 40 | 36 | 43 | 47 |
| Profit before tax | -18 | -46 | -157 | -99 | -7 | 26 | 32 | 100 |
| Tax % | -30% | -30% | -19% | -29% | -30% | 28% | 48% | 18% |
| -12 | -32 | -127 | -70 | -5 | 19 | 17 | 82 | |
| EPS in Rs | -123.20 | -324.40 | -1,268.10 | -702.70 | -46.00 | 186.00 | 0.59 | 2.17 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 49% |
| 3 Years: | 15% |
| TTM: | 13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 21% |
| 3 Years: | 79% |
| TTM: | 244% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 1 | 1 | 1 | 281 | 380 |
| Reserves | -22 | -55 | -120 | 91 | -188 | 111 | -153 | 644 |
| 723 | 783 | 851 | 583 | 896 | 527 | 557 | 307 | |
| 129 | 193 | 96 | 133 | 87 | 199 | 219 | 86 | |
| Total Liabilities | 830 | 922 | 828 | 808 | 795 | 838 | 904 | 1,417 |
| 533 | 660 | 599 | 552 | 527 | 556 | 641 | 820 | |
| CWIP | 100 | 29 | 30 | 24 | 29 | 72 | 20 | 96 |
| Investments | 116 | 119 | 90 | 90 | 91 | 91 | 89 | 172 |
| 80 | 114 | 110 | 142 | 149 | 119 | 154 | 329 | |
| Total Assets | 830 | 922 | 828 | 808 | 795 | 838 | 904 | 1,417 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 53 | 53 | -12 | -15 | 92 | 133 | 121 | 172 | |
| -131 | -66 | -14 | -11 | -11 | -43 | -88 | -507 | |
| 68 | -9 | 51 | 25 | -104 | -72 | -64 | 374 | |
| Net Cash Flow | -10 | -22 | 25 | -1 | -23 | 19 | -30 | 40 |
| Free Cash Flow | -61 | -16 | -28 | -28 | 82 | 80 | 28 | -87 |
| CFO/OP | 106% | 86% | 69% | -266% | 116% | 111% | 92% | 118% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 26 | 22 | 60 | 29 | 20 | 18 | 17 | 16 |
| Inventory Days | 52 | 78 | 57 | 58 | ||||
| Days Payable | 381 | 1,001 | 462 | 339 | ||||
| Cash Conversion Cycle | -303 | 22 | -862 | -376 | 20 | 18 | 17 | -266 |
| Working Capital Days | -187 | -219 | -616 | -286 | -158 | -71 | -111 | -61 |
| ROCE % | 2% | -10% | -5% | 6% | 13% | 15% | 12% |
Insights
In beta| Mar 2019 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Total Operational Hotels Number |
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| Total Operational Inventory (Keys) Number |
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| Average Occupancy Rate % |
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| Average Room Rate (ARR) INR |
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| RevPAR (Revenue Per Available Room) INR |
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| Staff to Room Ratio Ratio |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
2d - BHVL marks Grand Mercure Mysuru’s 10th anniversary, plans ₹1,000 crore Karnataka investment and 1,700 new keys by Vision 2031.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
8 May - Brigade Hotel Ventures and Marriott opened 218-room Courtyard by Marriott Kochi Infopark on May 8, 2026.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
5 May - Transcript of Earnings Call - Q4 FY 26
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
29 Apr - Audio recording of Q4 FY2026 investor call uploaded on April 29, 2026.
- Announcement under Regulation 30 (LODR)-Investor Presentation 29 Apr
Concalls
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May 2026Transcript PPT REC
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Apr 2026TranscriptAI SummaryPPT
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Feb 2026Transcript PPT REC
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Oct 2025Transcript PPT REC
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Oct 2025TranscriptAI SummaryPPT
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Aug 2025Transcript PPT REC
Hotel Operations:[1]
The company is the 2nd-largest owner of chain-affiliated hotels in South India among major private hotel asset owners (owning ≥500 rooms).