Brigade Hotel Ventures Limited held its Q3FY26 earnings conference call on January 29, 2026, providing detailed insights into the company's strong financial performance and ambitious expansion strategy. The hospitality company demonstrated robust operational metrics while outlining comprehensive growth plans for the coming years.

Financial Performance Overview

The company reported consolidated total income of ₹143 crores for Q3FY26, representing a 14% year-on-year growth from ₹125 crores in Q3FY25. EBITDA increased by 17% to ₹51 crores compared to ₹44 crores in the corresponding quarter last year, with EBITDA margin standing at 35.9%. Profit after tax surged by 126% year-on-year to ₹22 crores from ₹10 crores in Q3FY25.

Operational Excellence and Market Performance

The company's operational metrics showed strong momentum with Average Room Rate (ARR) reaching ₹7,852 in Q3FY26 compared to ₹6,708 in Q3FY25, while maintaining occupancy at 76.1%. This translated into Revenue Per Available Room (RevPAR) of ₹5,973, reflecting 17% year-on-year growth.

Bangalore portfolio delivered exceptional performance with both ARR and RevPAR growing by 19% year-on-year, supported by an average occupancy of 76%. The Grand Mercure GIFT City also showed strong traction with ARR and RevPAR growing by 21% and 24% respectively.

Nine-Month Performance and Strategic Initiatives

For the nine months ended December 31, 2025, consolidated income reached ₹398 crores compared to ₹336 crores in the corresponding period, marking 19% growth. EBITDA for the nine-month period stood at ₹135 crores, up 17% from ₹115 crores in the previous year. The company maintained a strong net cash position of ₹132 crores as of December 31, 2025.

The company is advancing renewable energy adoption, currently at 66% usage across the portfolio, with some hotels exceeding 90% renewable energy utilization. Utilities as a percentage of operating revenue remained controlled at 5% for the quarter.

Expansion Pipeline and Capital Allocation

Brigade Hotel Ventures outlined an ambitious expansion plan to nearly double its portfolio over the next five years, adding 1,700 keys to reach 3,300 total keys by FY30. The development pipeline includes nine new hotels backed by investment of ₹3,600 crores.

The Courtyard by Marriott at Chennai World Trade Centre with 45 keys is expected to become operational in FY27. Construction has already commenced on two Fairfield properties, while Grand Hyatt Chennai awaits environmental clearance approval.

Market Outlook and Strategic Focus

Management expressed confidence in maintaining mid-to-high teens growth rates, supported by favorable demand-supply dynamics across key markets. In Bangalore, supply is projected to grow at 7.3% over the next five years while demand grows at 10.1%, creating positive pricing environment.

The company plans to launch two new F&B outlets this quarter - one at Sheraton Grand and another at Grand Mercure GIFT City - to enhance guest experiences and drive additional revenue streams. The management highlighted that F&B business grew 16% over the nine-month period, with expectations of continued high-teens growth.

Brigade Hotel Ventures remains well-positioned for sustainable growth with its strategic market positioning, strong operational fundamentals, and disciplined capital allocation approach across luxury, upper upscale, and upscale segments.

Brigade Hotel Ventures Limited has announced its board meeting schedule and earnings call details for the third quarter of fiscal year 2026 results. The company issued a formal notice to stock exchanges on January 19, 2026, outlining the timeline for result approval and investor interaction.

Board Meeting and Financial Results

The company's board of directors will convene on Wednesday, January 28, 2026, to consider and approve the unaudited standalone and consolidated financial results for the third quarter and nine months ended December 31, 2025. This meeting is scheduled in accordance with Regulation 29(1)(a) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Trading Window Closure

In compliance with insider trading regulations, Brigade Hotel Ventures Limited has implemented a trading window closure for designated persons and their immediate relatives. The restriction period extends from Thursday, January 1, 2026, to Friday, January 30, 2026. This measure aligns with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2018, and the company's internal code of conduct for prevention of insider trading.

Earnings Conference Call

The management will host a conference call on Thursday, January 29, 2026, at 2:30 PM IST to discuss the company's financial and operational performance for Q3FY26. The call will be represented by senior management and will provide insights into the quarterly results.

Conference Call Access Details

Dial-in Numbers

Participants can join the earnings call using the following access numbers:

• India: +91 22 6280 1309 / +91 22 7115 8210
• United Kingdom: 0 808 101 1573
• USA: 1 866 746 2133
• Singapore: 800 101 2045
• Hong Kong: 800 964 448

The conference call is being coordinated by Strategic Growth Advisors Pvt. Ltd., with RSVP contacts Deven Dhruva (+91 98333 73300) and Prachi Chhugani (+91 89492 92029). The company also offers a DiamondPass Express Connect option for participants to join without waiting time.

Regulatory Communication

The formal notice was signed by Nirupa Shankar, Managing Director (DIN: 02750342), and communicated to both the National Stock Exchange of India Limited and BSE Limited. The company trades under the scrip symbol BRIGHOTEL on NSE and scrip code 544457 on BSE.