Brigade Hotel Ventures Limited — quarter ended 31 March 2026 and year ended 31 March 2026
Optional commentary: Figures are in ₹ lakhs unless otherwise stated.
| Sl No | Particulars | Quarter ended 31.03.2026 [Refer note 7] | Preceding quarter ended 31.12.2025 [Unaudited] | Corresponding quarter ended 31.03.2025 [Refer note 7] | Current year ended 31.03.2026 [Audited] | Previous year ended 31.03.2025 [Audited] |
|---|---|---|---|---|---|---|
| 1 | Income | |||||
| (a) Revenue from operations | 13,639 | 13,876 | 13,411 | 52,503 | 46,825 | |
| (b) Other income | 930 | 416 | 103 | 1,841 | 243 | |
| Total income | 14,569 | 14,292 | 13,514 | 54,344 | 47,068 | |
| 2 | Expenses | |||||
| (a) Cost of materials consumed | 1,107 | 1,326 | 1,259 | 4,740 | 4,476 | |
| (b) Employee benefits expense | 2,758 | 2,648 | 2,276 | 10,385 | 8,631 | |
| (c) Finance costs | 981 | 930 | 1,903 | 5,153 | 7,256 | |
| (d) Depreciation and amortisation expenses | 1,422 | 1,327 | 1,430 | 5,439 | 4,980 | |
| (e) Other expenses | 4,921 | 5,175 | 4,845 | 19,988 | 17,274 | |
| Total expenses | 11,189 | 11,406 | 11,713 | 45,705 | 42,617 | |
| 3 | Profit before tax (1-2) | 3,380 | 2,886 | 1,801 | 8,639 | 4,451 |
| 4 | Tax expense | |||||
| (a) Current tax | – | – | – | – | – | |
| (b) Deferred tax | 869 | 714 | 490 | 2,180 | 2,085 | |
| 869 | 714 | 490 | 2,180 | 2,085 | ||
| 5 | Profit for the year/period (3-4) | 2,511 | 2,172 | 1,311 | 6,459 | 2,366 |
| 6 | Other comprehensive income for the year/period | |||||
| (a) Items that will not be reclassified to profit and loss | ||||||
| i) Re-measurement gains/(losses) on defined benefit plan | (8) | 12 | (17) | 5 | (46) | |
| ii) Income tax relating to above | 3 | (4) | 5 | (1) | 12 | |
| (5) | 8 | (12) | 4 | (34) | ||
| 7 | Total comprehensive income for the year/period | 2,506 | 2,180 | 1,299 | 6,463 | 2,332 |
| [Comprising profit for the year/period and other comprehensive income for the year/period (5+6)] | ||||||
| Attributable to: | ||||||
| Owners of the parent | 2,296 | 2,027 | 1,122 | 5,849 | 1,984 | |
| Non controlling interests | 210 | 153 | 177 | 614 | 348 | |
| Of the Total comprehensive income above, Profit for the year/period attributable to: | ||||||
| Owners of the parent | 2,298 | 2,020 | 1,136 | 5,846 | 2,019 | |
| Non controlling interests | 213 | 152 | 175 | 613 | 347 | |
| Of the Total comprehensive income above, Other comprehensive income for the year/period attributable to: | ||||||
| Owners of the parent | (2) | 7 | (14) | 3 | (35) | |
| Non controlling interests | (3) | 1 | 2 | 1 | 1 | |
| 8 | Earnings per equity share: (in ₹) (of ₹ 10/- each) (not annualised for the period) | |||||
| (a) Basic | 0.60 | 0.53 | 0.40 | 1.68 | 0.72 | |
| (b) Diluted | 0.60 | 0.53 | 0.40 | 1.68 | 0.72 | |
| 9 | Paid-up equity share capital (Face value of ₹ 10/- each) | 37,984 | 37,984 | 28,143 | 37,984 | 28,143 |
| PARTICULARS | As at 31.03.2026 [Audited] | As at 31.03.2025 [Audited] | |
|---|---|---|---|
| A | ASSETS | ||
| 1 | Non-current assets | ||
| Property, plant and equipment | 90,390 | 72,969 | |
| Capital work in progress | 9,592 | 2,027 | |
| Intangible assets | 176 | 181 | |
| Financial assets | |||
| (i) Investments | 6 | 6 | |
| (ii) Other non-current financial assets | 1,687 | 1,205 | |
| Deferred tax assets (net) | 4,440 | 5,743 | |
| Other non-current assets | 1,017 | 2,778 | |
| Current tax assets (net) | 826 | 1,056 | |
| Total Non-current assets | 108,134 | 85,965 | |
| 2 | Current assets | ||
| Inventories | 740 | 671 | |
| Financial assets | |||
| Trade receivables | 2,367 | 2,301 | |
| Cash and cash equivalents | 2,221 | 1,077 | |
| Bank balances other than cash and cash equivalents | 22,851 | 1,159 | |
| Other current financial assets | 749 | 975 | |
| Other current assets | 1,165 | 2,609 | |
| Total Current assets | 30,093 | 8,792 | |
| TOTAL ASSETS | 138,227 | 94,757 | |
| B | EQUITY | ||
| Equity share capital | 37,984 | 28,143 | |
| Instruments entirely equity in nature | 150 | 150 | |
| Other equity | 57,773 | (19,605) | |
| Equity attributable to equity holders of the parent | 95,907 | 8,688 | |
| Non controlling interest | 2,159 | 1,545 | |
| Total Equity | 98,066 | 10,233 | |
| C | LIABILITIES | ||
| 1 | Non-current Liabilities | ||
| Financial liabilities | |||
| Borrowings | 9,790 | 49,339 | |
| Lease liabilities | 16,616 | 13,937 | |
| Other non current financial liabilities | 33 | 34 | |
| Other non-current liabilities | 846 | 862 | |
| Non-current provisions | 194 | 155 | |
| Total Non-current Liabilities | 27,479 | 64,327 | |
| 2 | Current liabilities | ||
| Financial liabilities | |||
| Borrowings | 4,257 | 12,393 | |
| Lease liabilities | 111 | 83 | |
| Trade payables | |||
| – Total outstanding dues of micro enterprises and small enterprises | 357 | 274 | |
| – Total outstanding dues of creditors other than micro enterprises and small enterprises | 3,976 | 3,538 | |
| Other current financial liabilities | 2,434 | 2,332 | |
| Other current liabilities | 1,306 | 1,385 | |
| Current provisions | 241 | 192 | |
| Total Current Liabilities | 12,682 | 20,197 | |
| TOTAL EQUITY AND LIABILITIES | 138,227 | 94,757 |
| Particulars | Current year ended 31.03.2026 [Audited] | Previous year ended 31.03.2025 [Audited] |
|---|---|---|
| A. Cash flows from operating activities | ||
| Profit before tax | 8,639 | 4,451 |
| Adjustments: | ||
| – Depreciation and amortization expense | 5,439 | 4,980 |
| – Liabilities no longer required written back | (480) | (25) |
| – Provision/(reversal) of impairment allowance for bad and doubtful debts | 15 | (15) |
| – Government Grants – Capital subsidy | (16) | (16) |
| – Loss on sale of property, plant and equipment | 11 | 10 |
| – Interest expense | 5,153 | 7,256 |
| – Interest income | (1,294) | (152) |
| Operating profit before working capital changes | 17,467 | 16,489 |
| Movements in working capital : | ||
| – Increase/(Decrease) in trade payables | 437 | 1,103 |
| – Increase/(Decrease) in other liabilities | 324 | (429) |
| – Increase/(Decrease) in provisions | 91 | 49 |
| – Decrease/(Increase) in inventories | (70) | (79) |
| – Decrease/(Increase) in trade receivables | (80) | (108) |
| – Decrease/(Increase) in other assets | 1,488 | (1,629) |
| Cash generated from operations | 19,657 | 15,396 |
| Income taxes refunded/(paid), net | 296 | (501) |
| Net cash flow generated from/(used in) operating activities | 19,953 | 14,895 |
| B. Cash flows from investing activities | ||
| Purchase of property, plant and equipment (including capital work in progress and capital advance) | (26,036) | (9,474) |
| Proceeds from sale of property, plant and equipment | 13 | 3 |
| Investment in bank deposits | (56,593) | (1,006) |
| Redemption of bank deposits | 34,619 | 867 |
| Interest received | 1,570 | 111 |
| Net cash flow (used in)/generated from investing activities | (46,427) | (9,499) |
| C. Cash flows from financing activities | ||
| Proceeds from issue of equity shares (including securities premium), net of transaction costs | 83,985 | – |
| Proceeds from borrowings | – | 1,832 |
| Repayment of borrowings | (48,487) | (4,718) |
| Interest paid | (3,497) | (4,442) |
| Proceeds from redemption of non-convertible debentures | – | (54) |
| Payment of principal portion of lease liabilities | (468) | (103) |
| Payment of interest portion of lease liabilities | (707) | (694) |
| Net cash flow generated from/(used in) financing activities | 30,826 | (8,179) |
| Net increase in cash and cash equivalents (A + B + C) | 4,352 | (2,783) |
| Cash and cash equivalents at the beginning of the year | (2,388) | 395 |
| Cash and cash equivalents at the end of the year | 1,964 | (2,388) |
| Components of cash and cash equivalents | ||
| Cash on hand | 22 | 27 |
| With banks: | ||
| – in current accounts | 1,989 | 945 |
| – deposits with original maturity of less than three months | 209 | 104 |
| Cheques on hand | 1 | 1 |
| Cash and cash equivalents reported in balance sheet | 2,221 | 1,077 |
| Less: Bank overdraft | (257) | (3,465) |
| Cash and cash equivalents as per statement of cash flows | 1,964 | (2,388) |
| Sl No | Particulars | Quarter ended 31.03.2026 [Refer note 10] | Preceding quarter ended 31.12.2025 [Unaudited] | Corresponding quarter ended 31.03.2025 [Refer note 10] | Current year ended 31.03.2026 [Audited] | Previous year ended 31.03.2025 [Audited] |
|---|---|---|---|---|---|---|
| 1 | Income | |||||
| (a) Revenue from operations | 11,719 | 12,043 | 11,614 | 45,436 | 40,353 | |
| (b) Other income | 919 | 510 | 87 | 1,960 | 226 | |
| Total income | 12,638 | 12,553 | 11,701 | 47,396 | 40,579 | |
| 2 | Expenses | |||||
| (a) Cost of materials consumed | 997 | 1,149 | 1,115 | 4,207 | 3,977 | |
| (b) Employee benefits expense | 2,516 | 2,386 | 2,043 | 9,390 | 7,752 | |
| (c) Finance costs | 942 | 892 | 1,740 | 4,815 | 6,571 | |
| (d) Depreciation and amortisation expenses | 1,244 | 1,150 | 1,249 | 4,748 | 4,275 | |
| (e) Other expenses | 4,143 | 4,477 | 4,222 | 17,233 | 14,816 | |
| Total expenses | 9,842 | 10,054 | 10,369 | 40,393 | 37,391 | |
| 3 | Profit before exceptional items and tax (1-2) | 2,796 | 2,499 | 1,332 | 7,003 | 3,188 |
| 4 | Exceptional items | |||||
| Reversal of impairment loss on investments (Refer note 9) | 3,000 | – | – | 3,000 | – | |
| 3,000 | – | – | 3,000 | – | ||
| 5 | Profit before tax (3+4) | 5,796 | 2,499 | 1,332 | 10,003 | 3,188 |
| 6 | Tax expense | |||||
| (a) Current tax | – | – | – | – | – | |
| (b) Deferred tax | 711 | 632 | 372 | 1,771 | 1,516 | |
| 711 | 632 | 372 | 1,771 | 1,516 | ||
| 7 | Profit for the year/period (5-6) | 5,085 | 1,867 | 960 | 8,232 | 1,672 |
| 8 | Other comprehensive income for the year/period | |||||
| (a) Items that will not be reclassified to profit and loss | ||||||
| i) Re-measurement gains/(losses) on defined benefit plan | (2) | 10 | (17) | 1 | (47) | |
| ii) Income tax relating to above | 1 | (3) | 5 | – | 12 | |
| (1) | 7 | (12) | 1 | (35) | ||
| 9 | Total comprehensive income for the year/period [Comprising profit for the year/period and other comprehensive income for the year/period (7+8)] | 5,084 | 1,874 | 948 | 8,233 | 1,637 |
| 10 | Earnings per equity share: (in ₹) (of ₹ 10/- each) (not annualised for the period) | |||||
| (a) Basic | 1.34 | 0.49 | 0.34 | 2.36 | 0.58 | |
| (b) Diluted | 1.34 | 0.49 | 0.34 | 2.36 | 0.58 |