Brigade Hotel Ventures Limited · NSE:BRIGHOTEL
Brigade Hotel Ventures — Q1 FY27 Earnings Presentation
38 slides from Brigade Hotel Ventures's earnings presentation, Aug 5, 2026
Slide 1: Exchange filing cover letter for Investor Presentation Q1 FY27
Ref: BHVL/NSEBSE/IP/05082026 August 05, 2026 Listing Department Department of Corporate Services – Listing National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street Bandra (E), Mumbai – 400 051 Mumbai – 400 001 Re.:
Slide 2: Investor Presentation Q1 FY27 August 2026
Cover Slide INVESTOR PRESENTATION | Q1 FY27 | AUGUST 2026 Sheraton Grand Bangalore at Brigade Gateway
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Brigade Hotel Ventures Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for an
Slide 4: Q1 FY27 Financial Performance
Q1 FY27 Financial Performance 3
Slide 5: From MD's Desk
From MD’s Desk “Q1 FY27 reflected steady, broad-based improvement across our portfolio, with continued resilience in domestic demand even as the industry navigated a mixed operating environment. Room revenue remained the key driver of performance, while banqueting and F&B saw some moderation on acco
Slide 6: Q1 FY27 Consolidated Financial Highlights
Q1 FY27 Consolidated Financial Highlights Financial leverage aiding the company to become profitable Total Income* (₹ Crs.) Operating EBITDA (₹ Crs.) PAT (₹ Crs.) Margins % 33.4% 34.8% +5% +9% 125 9% 131 46 17 42 +140% 73 80 -9% 7 47 42 5 8 Q1FY26 Q1FY27 Q1FY26 Q1FY27 Q1FY26 Q1FY27 Room F&B Others R
Slide 7: Geography wise Performance
Geography wise Performance Double digit ARR and RevPar growth across geographies Portfolio Level Q1FY26 Q1FY27 YOY % FY25 FY26 YoY % 1. Average Room Rate (₹) Bengaluru 8,223 8,435 3% 7,979 9,019 13% Others 5,324 5,921 11% 5,392 5,949 10% Combined 6,761 7,241 7% 6,696 7,453 11% 2. Occupancy (%) Benga
Slide 8: Profit & Loss Statement
Profit & Loss Statement Q1FY27 Consolidated P&L In ₹ Crs. Q1FY26 Q1FY27 YoY ❖ Total Income for Q1 FY27 stood at ₹131 Cr, up Total Income 125.0 130.8 5% 5% YoY. COGS 11.9 11.9 ❖ Quarter’s growth saw some moderation mainly on account of softer corporate/ MICE demand and Banqueting with fewer Employee
Slide 9: Efficiency Ratios
Efficiency Ratios Conscious efforts to control costs and improve efficiency Operating Expenses as a % of Operating Revenue Utilities as a % of Operating Revenue 67.0% 67.2% 5.8% 5.8% Q1FY26 Q1FY27 Q1FY26 Q1FY27 Staff to Room Ratio Employee Cost as a % Operating Revenue* 0.75 0.76 19.9% 18.7% As at J
Slide 10: Rebranded to Courtyard by Marriott Kochi Infopark
Rebranded to Courtyard by Marriott Kochi Infopark Earlier Four Points by Sheraton Kochi Infopark Located in Kochi’s IT corridor, the Upgraded ARR 218-key hotel has been upgraded and rebranded into Courtyard by Marriott Kochi Profitability Infopark to serve corporate and leisure guests. Focused on up
Slide 11: Project Grain: Newly Renovated Bar & Restaurant
PROJECT GRAIN Newly Renovated Bar & Restaurant Sheraton Grand Bangalore at Brigade Gateway ❖ A new bar and lounge concept expanding the property's F&B footprint alongside the existing room revenue base. Wood-centred cocktail bar built around precise drinks, live jazz and an intimate atmosphere. ❖ De
Slide 12: Awards and Achievements
Awards and Achievements During the Quarter Q1FY27 Nirupa Shankar Vineet Verma Managing Director Non-Executive & Non-Independent Director Named to Fortune India's 100 Most Powerful Women list for a second consecutive year. Recognised among India's Top 50 Great People Managers (CEOs, MDs & Founders),
Slide 13: Business Overview
Business Overview
Slide 14: About us
About us Second largest owner of chain-affiliated hotels and hotel rooms in South India Who we are Group Legacy Owner & Developer of hotels in key cities Backed by 40-Year Foundation and financial primarily in South India strength of Brigade Enterprise Limited (BEL) Our Segment Luxury (4) Upper Upsc
Slide 15: 2nd Largest Owner of chain-affiliated hotels in South India
2nd Largest Owner of chain-affiliated hotels in South India Well Positioned to capture Industry Tailwinds 151 1,604 1,700 Grand Mercure Existing Keys Upcoming keys Ahmedabad GIFT City ~3,300 Total Portfolio 126 Key Growth Drivers: Grand Mercure Bangalore 272 • Strengthening presence in high-growth H
Slide 16: Affiliated with Global Hospitality Brands
Affiliated with Global Hospitality Brands… Overview of our existing portfolio Marriott International Accor IHG - Hotels & Resorts Sheraton Grand Bangalore at Brigade Gateway Grand Mercure Bangalore Holiday Inn Chennai OMR IT Expressway Upper Upscale Upscale Upper Midscale Grand Mercure Mysore Upscal
Slide 17: Strengthening the Partnership with Upcoming Pipeline
Strengthening the Partnership with Upcoming Pipeline Portfolio Diversification through Strategic Expansion S. No. Project Keys Segment Location Timeline of completion 1 Courtyard by Marriott Chennai World Trade Centre 45 Upscale OMR, WTC Chennai FY27 Bengaluru International 2 Fairfield by Marriott B
Slide 18: Strategic Capital Allocation
Strategic Capital Allocation Capex and financing through FY31 ~60% of the expansion is to be funded through Debt and balance through Internal Accruals To be Funded through Internal Accruals + Borrowings To be Funded through ~₹2,000-2,200 Crs. ~₹4,613-4,913 Crs. IPO Proceeds + Internal Accruals + Bor
Slide 19: Funding of Capex through Internal Accruals
Funding of Capex through Internal Accruals Over ₹1000 Crs. + ~₹800 - ₹900 Crs. of internal accruals* ₹1,000 Crs.+ Internal Accruals ~₹300 - ₹350 Crs. of internal accruals* ₹ 120 Crs. FY26 FY27 FY28 FY29 Next 2 years Delivered 11%+ ARR • ARR continue to • Ramp up of operations at • Strategic shift to
Slide 20: Upcoming Pipeline (1/2)
Upcoming Pipeline (1/2) Artist impressions InterContinental Hyderabad Brigade Gateway Grand Hyatt Chennai ECR The Ritz-Carlton, Vaikom Island Kerala Luxury Luxury Luxury Mixed use Property with iconic WTC, Intercontinental Hotel and Orion Mall Beach Resort Beach Resort 19
Slide 21: Upcoming Pipeline (2/2)
Upcoming Pipeline (2/2) Artist impressions Fairfield by Marriott Bengaluru Brigade Valencia JW Marriott Chennai OMR Upper Midscale Mixed use development within the larger Brigade Valencia development Luxury Fairfield by Marriott Bengaluru International Airport Thiruvananthapuram Marriott hotel World
Slide 22: Capital Raise through IPO
Capital Raise through IPO Oversubscribed IPO at 3.1x along with Pre-IPO placement to 360-One Alternates Asset Management Limited IPO Proceeds* of ₹886 Crs. 31st July 2025 (Incl. Pre-IPO) Use of proceeds Estimated Deployment Deployment Funded from Project Net Proceeds As of FY26 FY27 31st Jun’26 Debt
Slide 23: Brigade Group Overview
Brigade Group Overview Among the top 10 listed Developers in India* South India Dominance Completed 300+ Almost 4 Decades of Builder of A-Grade with strong presence Buildings with 100 Mn+ Experience Properties across 6 Cities sq. ft. delivered Residential Properties Commercial Properties Retail Prop
Slide 24: Competitive Strengths
Competitive Strengths Key Growth Strategies
Slide 25: Key Growth Strategies
Key Growth Strategies Growth Market Advantage Strong market position capitalizes on air passenger growth outpacing new hotel inventory, creating Operational Excellence demand-supply mismatch through Asset Management Driving efficiencies and Cost Reduction Strong Parentage of Brigade Group by Ensurin
Slide 26: Well Positioned to Leverage Industry Tailwinds (1/2)
1. Well Positioned to Leverage Industry Tailwinds (1/2) Strong Foothold in High-Growth Markets Demand Growth continues to outpace Supply Growth in India Influx of Domestic & Foreign Tourists Domestic Tourism (in Mn.) Supply (‘000s) Demand (‘000s) 5,000 Structural Tailwinds 2,322 315 208 236 < CY2001
Slide 27: Air Passenger Travel Drives Demand
1. Air Passenger Travel Drives Demand Limited New Hotel Inventory Creating supply Opportunity Air Passenger Movement for Select Markets (₹ Mn) Demand Supply Mismatch 10 Bangalore 15 Share of Indian Air Traffic Supply share of Hotel Inventory 42 7 23.0% 29.0% Hyderabad 10 24 FY25 FY25 10 Chennai 14 2
Slide 28: Strong Parentage of Brigade Group
2. Strong Parentage of Brigade Group Ensuring Timely build and Elevated Brand Standards Leveraging Relationship – Subsidiary of Brigade Enterprises Limited (BEL)1 Locating strategic land parcels based Strong reputation, network and on deep understanding of market relationships helps secure corporate
Slide 29: Asset Alignment with Demand
3. Asset Alignment with Demand Strategically expanding and diversifying its Hotel Portfolio Existing Upcoming Courtyard by Marriott | WTC in Chennai Central Business Districts (CBD) / Commercial Centres Marriott | WTC in Kerala InterContinental Hotels & Resorts | Kokapet, Hyderabad Mixed Use Develop
Slide 30: Operational Excellence through Asset Management
4. Operational Excellence through Asset Management Driving efficiencies and Cost Reduction Green Buildings 9 Energy Management 61% E-Mobility Hotels 8 of 9 operational hotels have EV charging 20% or more Renewable Energy Consumption Q1 stations FY27 saving in Energy, Water and reduction in embodied
Slide 31: Board of Directors
5. Board of Directors Corporate Oversight & Direction Amar Shivram M R Jaishankar Vineet Verma Nirupa Shankar Mysore Director and Non- Non-Executive & Managing Director Non-Executive & Executive Chairman Non-Independent Non-Independent Director Director • Associated with the Brigade Group since Asso
Slide 32: Key Management Team
5. Key Management Team Deep Sector Expertise Driving Execution Ananda Natarajan Rayan Aranha Arindam Mukherjee Akansha Bijawat CFO Vice President President, Engineering Company Secretary & Compliance Officer • Associated with the Brigade • Formerly with Accor Group & • Associated with the Brigade •
Slide 33: Financials: Historical Financials
Financials Historical Financials
Slide 34: Historical Profit & Loss Statement
Historical Profit & Loss Statement Consolidated P&L Profit and Loss (In ₹ Crs.) FY23 FY24 FY25 FY26 Total Income 356 405 471 543 Cost of Goods Sold 35 40 45 47 Employee Cost 63 76 86 104 Other Expenses 155 144 173 200 EBITDA 103 145 167 192 EBITDA Margin (%) 28.9% 35.8% 35.5% 35.4% Depreciation 49 4
Slide 35: Historical Balance Sheet
Historical Balance Sheet Consolidated Balance Sheet Equity & Liabilities (in ₹ Crs.) Mar-23 Mar-24 Mar-25 Mar-26 Assets (in ₹ Crs.) Mar-23 Mar-24 Mar-25 Mar-26 Total Equity 48 79 102 981 Non - Current Assets 751 819 860 1,081 Equity share capital 1 1 281 380 Property, plant and equipment 730 904 627
Slide 36: Historical Cashflow Statement
Historical Cashflow Statement Consolidated Cashflow Particulars (In ₹ Crs.) Mar-23 Mar-24 Mar-25 Mar-26 Net Profit Before Tax -4 32 45 86 Adjustments for: Non -Cash Items / Other Investment or Financial Items 102 112 120 89 Operating profit before working capital changes 98 144 165 175 Changes in wo
Slide 37: Key Ratios
Key Ratios Consolidated Ratios RevPar ( in ₹) & Occupancy (%) Average Room Rate (in ₹) 69.6% 73.3% 76.8% 76.1% 5,669 7,453 5,138 6,388 6,694 4,681 5,944 4,136 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 Occupancy (%) Return on Adjusted Capital1 & Return on Operating Net Debt (in ₹ Crs.) & Net Debt/ Equi
Slide 38: Thank You
THANK YOU For further information, please contact: Brigade Hotel Ventures Ltd. Investor Relations: Strategic Growth Advisors (SGA) CIN: L74999KA2016PLC095986 CIN: U74140MH2010PTC204285 Mr. Ananda Nataranjan – CFO Mr. Deven Druva / Ms. Prachi Chhugani investors@bhvl.in deven.dhruva@sgapl.net / prachi
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