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 ₹ 2,311 Cr.
- Current Price ₹ 60.8
- High / Low ₹ 91.8 / 58.0
- Stock P/E 49.4
- Book Value ₹ 24.2
- Dividend Yield 0.00 %
- ROCE 14.1 %
- ROE %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Stock is trading at 2.52 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company's cost of borrowing seems high
* 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
Part of BSE IPO
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|
| 350 | 402 | 468 | 523 | |
| 253 | 258 | 304 | 347 | |
| Operating Profit | 97 | 143 | 165 | 176 |
| OPM % | 28% | 36% | 35% | 34% |
| 17 | 1 | 2 | 10 | |
| Interest | 69 | 69 | 73 | 61 |
| Depreciation | 49 | 44 | 50 | 54 |
| Profit before tax | -5 | 32 | 45 | 71 |
| Tax % | -32% | 3% | 47% | |
| -3 | 31 | 24 | 53 | |
| EPS in Rs | -38.40 | 248.70 | 0.72 | 1.39 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 17% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -23% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|
| Equity Capital | 1 | 1 | 281 | 380 |
| Reserves | -241 | -216 | -196 | 538 |
| 982 | 1,001 | 759 | 347 | |
| 99 | 100 | 103 | 137 | |
| Total Liabilities | 841 | 887 | 948 | 1,402 |
| 628 | 652 | 732 | 902 | |
| CWIP | 29 | 72 | 20 | 36 |
| Investments | 0 | 0 | 0 | 0 |
| 183 | 163 | 196 | 464 | |
| Total Assets | 841 | 887 | 948 | 1,402 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 108 | 155 | 149 | |
| 1 | -45 | -95 | |
| -132 | -92 | -82 | |
| Net Cash Flow | -23 | 17 | -28 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Debtor Days | 22 | 20 | 18 |
| Inventory Days | |||
| Days Payable | |||
| Cash Conversion Cycle | 22 | 20 | 18 |
| Working Capital Days | -160 | -74 | -106 |
| ROCE % | 13% | 14% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Newspaper Publication of financial results for the quarter ended December 31, 2025
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
1d - Audio of Q3 FY2026 (ended Dec 31, 2025) investor call uploaded on website January 29, 2026.
-
Announcement under Regulation 30 (LODR)-Change in Management
2d - Board approved Q3 and 9M results ended Dec 31, 2025; appointed Deloitte internal auditors FY2026-27; ASR secretarial auditors 2026-31.
-
Statement Of Deviation Or Variation
2d - No deviation; Pre-IPO Rs126.00 Cr, IPO Rs759.60 Cr; utilizations detailed (Rs0.04Cr, Rs626.35Cr).
-
Announcement under Regulation 30 (LODR)-Change in Management
2d - Approved Q3/9-month Dec 31, 2025 results; Deloitte internal auditor FY2026-27; ASR secretarial auditors 2026-31.
Concalls
-
Jan 2026TranscriptAI SummaryPPT REC
-
Oct 2025Transcript PPT REC
-
Oct 2025TranscriptAI SummaryPPT
-
Aug 2025Transcript PPT REC
Leading Hotel Operator[1]
Brigade Hotel Ventures Ltd (BHVL) is the second-largest owner of chain-affiliated hotels in South India among major private hotel asset owners (owning ≥500 rooms).