BRIGHOTEL share price, P/E, ROE & financials

Brigade Hotel Ventures (BRIGHOTEL) had a P/E of 25.9× on 6 Nov 2026, below the industry P/E of 28.0×, and the shares are 34% below their 52-week high. It earns ROCE of 11% and ROE of 8.8%, and sales grew 14% a year over 3 years. Debt is 0.37× equity. It is a small-cap company with a market cap of ₹2,033 Cr, ranked 14th of 54 Lodging companies by market cap; the shares fell 32% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year

Open: ₹56.40
Day high: ₹56.60
Day low: ₹53.00
Prev. close: ₹56.16
Volume: 4.9 L

Health check

3 fair · 3 to check

ReturnsBehind
−31.8% over a year, better than 0 of 7 peers.
Price tagIn line
P/E 25.9 vs industry 28.0.
GrowthSteady
Sales +14.4% a year over 3 years.
ProfitabilityWeak
ROCE 10.5% vs peer median 16.2%.
Balance sheetFair
Debt 0.37× equity, interest covered 2.9×, Piotroski 7 of 9.
Red flags1 to check
34% below its 52-week high.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Lodging

53 listed peers. Screen the industry

Small cap

₹2,033 Cr, #14 of 54 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Sep 2026: sales ₹540 Cr · profit ₹79 Cr

Market cap: ₹2,033 Cr; Small cap
P/E: 25.9; Industry 28.0
Price to book: 2.06; Peers 4.46
Dividend yield: 0.00%
ROE: 8.8%; Peers 16.5%
ROCE: 10.5%; Peers 16.2%
Debt to equity: 0.37; Debt ₹382 Cr
EPS (TTM): ₹2.07; Face value ₹10
OPM (TTM): 34.2%; Net margin 14.6%
Sales growth: +10.0%; Latest quarter vs a year ago
Profit growth: +119.6%; Latest quarter vs a year ago
Price to sales: 3.76; EV/EBITDA 12.5

Strengths

Quarterly profit up 119.6% on a year ago.
Positive operating cash flow in each of the last 4 years.

Risks to check

34% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Brigade Hotel Ventures

Brigade Hotel Ventures Limited engages in the development and operation of hotels in India. The company is involved in the operation, management, and leasing of hotels. The company was founded in 2004 and is based in Bengaluru, India. Brigade Hotel Ventures Limited operates as a subsidiary of Brigade Enterprises Limited.

Headquarters: Bengaluru
Employees: 1,293
Sector: Consumer Cyclical
ISIN: INE03NU01014
Website: bhvl.in

Price range

52 weeks

₹46.89₹81.50

Today

₹53.00₹56.60

Avg volume (3M): 2.5 L
1-year return: minus 31.8%
From 52-week high: minus 34.3%

Peers · Lodging

Compare with peers Screen the whole industry

Company
INDHOTELIndian Hotels Co.	888.00	plus 1.49%	1,26,401	57.2	9.27	17.4%	16.5%	32.9%	18.6%	27.6%	0.37%	plus 17.7%
THELEELALeela Palaces Hotels & Resorts	692.30	plus 0.37%	23,120	37.2	3.53	8.3%	7.2%	48.9%	21.1%	–	0.00%	plus 56.7%
EIHOTELEIH	313.05	plus 1.72%	19,577	27.5	3.72	16.2%	12.7%	34.1%	13.3%	25.9%	0.49%	minus 22.9%
CHALETChalet Hotels	810.70	minus 1.52%	17,754	30.1	4.46	16.6%	19.1%	44.1%	34.9%	52.1%	0.24%	minus 14.4%
VENTIVEVentive Hospitality	540.55	plus 1.53%	12,624	28.0	2.23	9.7%	8.3%	43.2%	13.0%	–	0.00%	minus 27.8%
LEMONTREELemon Tree Hotels	117.39	minus 0.12%	9,295	39.5	6.16	13.5%	17.8%	47.5%	16.3%	25.6%	0.00%	minus 30.0%
ITDCIndia Tourism Development Corporation	630.65	minus 0.30%	5,409	65.6	12.80	26.6%	21.1%	17.0%	4.6%	14.5%	0.47%	plus 3.2%
BRIGHOTELBrigade Hotel Ventures	53.51	minus 4.72%	2,033	25.9	2.06	10.5%	8.8%	34.2%	14.4%	–	0.00%	minus 31.8%
Median of 7 peers	–	0.37%	17,754	37.2	4.46	16.2%	16.5%	43.2%	16.3%	25.9%	0.24%	−14.4%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26	Sep 26
124	–	1,388	136	127	138
83.2	–	915	87.9	85.3	90.1
41	–	473	48.5	41.7	48.1
33.0%	–	34.1%	35.6%	32.8%	34.8%
0.9	–	41.6	9.3	3.8	4.1
18.9	–	93	9.8	8.7	9.7
13.3	–	133	14.2	13.5	13.2
9.6	–	289	33.8	23.3	29.3
25.6%	–	24.7%	25.7%	25.4%	25.1%
–	9.1	203	23	16	19.9
0.16	–	0.53	0.60	0.42	0.52

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +14.4%
ROE: 8.8%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
349	400	467	523
–	+14.5%	+16.6%	+12.1%
252	256	301	348
97.4	144	165	175
27.9%	36.0%	35.4%	33.4%
−1.1	−1.2	−2.6	11.8
66.3	65	68.2	45.8
49.4	43.6	49.8	54.4
14.8	−1.9	−0.1	−0.1
−4.5	32.1	44.5	86.4
31.9%	2.9%	46.8%	25.2%
−3.8	24.9	20.2	58.5
–	–	minus 18.8%	+189.5%
-0.10	0.65	0.07	1.68

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
283	283	283	381
−523	−498	−198	576
700	720	758	308
380	382	105	117
841	887	948	1,382
657	723	777	1,010
29.9	72.4	46.9	106
0.1	2.6	5	15.1
31	20.3	22.4	251
123	68.4	96.7	1.3
841	887	948	1,382

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
108	155	149	200
1	−45.3	−95	−464
−132	−92.1	−81.8	308
−23.4	17.4	−27.8	43.5
−9.7	−55.5	−94.7	−260
98.2	99.4	54.2	−60.8

Shareholding pattern

Source: NSE filings

74.1%

promoters

Promoters74.09%
Public25.91%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	74.09%	25.91%	0.00
30 Jun 2026	74.09%	25.91%	0.00
31 Mar 2026	74.09%	25.91%	0.00
31 Dec 2025	74.09%	25.91%	0.00
30 Sep 2025	74.09%	25.91%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you