Brigade Hotel Ventures
- Market cap
- ₹ 1,957 Cr.
- P/E
- 25x
- P/B
- 2.05x
- 52-week range
- 46.89 – 84.25
- ROE
- 11%
- ROCE
- 13%
- Dividend yield
- 0%
- Debt / equity
- 0.32
- Sector
- Leisure Services
- Industry
- Hotels & Resorts
- Listed on
- NSE, BSE
About
Brigade Hotel Ventures Limited is an India-based owner and developer of hotels in various cities in India primarily across South India. The Company has a portfolio of nine operating hotels across Bengaluru (Karnataka), Chennai (Tamil Nadu), Kochi (Kerala), Mysuru (Karnataka) and the GIFT City (Gujarat) with 1,604 keys. Its hotels are operated by global hospitality companies such as Marriott, Accor and InterContinental Hotels Group. Its hotels include Grand Mercure Bangalore, Sheraton Grand Bangalore at Brigade Gateway, Grand Mercure Mysore, Holiday Inn Chennai OMR IT Expressway, Holiday Inn Bengaluru Racecourse, Four Points by Sheraton Kochi Infopark, Grand Mercure Ahmedabad GIFT City, Holiday Inn Express & Suites Bengaluru OMR and ibis Styles Mysuru. Its hotels provide a comprehensive customer experience, including fine dining and specialty restaurants, venues for meetings, incentives, conferences, and exhibitions (MICE), lounges, swimming pools, outdoor spaces, spas, and gymnasiums.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Hotels & Resorts: 74 companies →Brigade Hotel Ventures against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)25 against a typical 25.5: cheaper than most peers (1st = cheapest).35th of 74
- Sales growth+2.4% against a typical +10.3% from a year earlier.51st of 70
- Profit growth+142.9% against a typical +17.9% from a year earlier.7th of 50
- Share price, 3 months−14.1% against a typical −7.9%.48th of 67
- Size₹ 1,956.5 Cr. market value against a typical ₹ 232.8 Cr. (1st = largest).12th of 64
Latest announcements
Exchange filings and their impact on the company.
- Board approved Q2/H1 FY27 results, but no usable numbers were disclosed to change the outlook.
Brigade Hotel Ventures' board met on October 26, 2026 and approved the unaudited standalone and consolidated financial results for the second quarter and half year ended September 30, 2026. The filing states the limited review reports are enclosed and the trading window reopens on October 29, 2026. The actual revenue, profit and margin tables were not readable in the extracted document, so no change to the business trajectory can be confirmed from this filing.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A+ by ICRA- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | [ICRA]A+ | Stable | 23 Sep 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 23 Sep 2025 | ▲ Upgrade | [ICRA]A+ | — | ICRA | ₹ 500 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 26 Oct 2026 | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 5 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 28 Apr 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 28 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 24 Oct 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 11 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 102 | 108 | 124 | 134 | 124 | 126 | 139 | 136 | 127 |
| Expenses | 69 | 71 | 81 | 84 | 83 | 89 | 91 | 88 | 85 |
| Operating Profit | 33 | 37 | 43 | 50 | 41 | 37 | 47 | 49 | 42 |
| OPM % | 33% | 35% | 35% | 38% | 33% | 30% | 34% | 36% | 33% |
| Other Income | 0 | 0 | 1 | 1 | 1 | 4 | 4 | 9 | 4 |
| Interest | 18 | 18 | 17 | 19 | 19 | 14 | 9 | 10 | 9 |
| Depreciation | 10 | 11 | 14 | 14 | 13 | 14 | 13 | 14 | 14 |
| Profit before tax | 5 | 9 | 13 | 18 | 10 | 14 | 29 | 34 | 23 |
| Tax % | 219% | 25% | 24% | 27% | 26% | 25% | 25% | 26% | 25% |
| Net Profit | −6 | 7 | 10 | 13 | 7 | 11 | 22 | 25 | 17 |
| EPS in Rs | −0.17 | 0.19 | 0.3 | 0.4 | 0.22 | 0.24 | 0.53 | 0.6 | 0.42 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 14%
- TTM
- 8%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 73%
- TTM
- 118%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Brigade Hotel Ventures | ₹ 51.54 | ₹ 1,957 Cr. | 25x | 2.1x | 11% | — |
| Indian Hotels Company | ₹ 784.00 | ₹ 1,11,597 Cr. | 53.9x | 7.9x | 17.6% | 23.1% |
| ITC Hotels | ₹ 156.05 | ₹ 32,505 Cr. | 39.5x | 3x | — | 20.4% |
| EIH | ₹ 290.25 | ₹ 18,151 Cr. | 33.8x | 4x | 12.7% | 22.4% |
| Chalet Hotels | ₹ 790.00 | ₹ 17,306 Cr. | 29x | 5.1x | 19.1% | 23.3% |
| Leela Palaces Hotels & Resorts | ₹ 575.10 | ₹ 19,317 Cr. | 39.1x | 2.6x | — | 26.4% |
Management
- Ananda Natarajan M.
- Chief Financial Officer
- Akanksha Bijawat
- Compliance Officer, Company Secretary
- Nirupa Shankar
- Managing Director, Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.