Investor MeetAnalysts/Institutional Investor Meet/Con. Call Updates
#BHVL Q1 FY27 Highlights: Revenue +5% to INR131 Cr, EBITDA +9% to INR46 Cr (34.8% margin), PAT surged 140% to INR17 Cr, boosted by lower finance costs.
Brigade Hotel Ventures LimitedBRIGHOTEL · Filed with the exchange
ARR up 7% to INR7,241, RevPAR up 9%. Geopolitical issues impacted foreign travel & MICE, causing a INR14 Cr revenue hit, but domestic demand helped.
Expect strong H2 recovery.
Net cash of INR108 Cr, no institutional debt.
Planned INR3,600 Cr capex for 1,700 new keys by FY31 (INR500 Cr in FY27), targeting luxury segment.
New CEO Vinay Gupta joins.
Management is confident on mid-teens growth for FY27.
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