Brigade Hotel Ventures (BRIGHOTEL) Q4 24/25 earnings summary

Executive summary

• Revenue from operations increased to ₹4,682.5 million for FY25, up 16.6% year-over-year, with total income at ₹4,706.8 million.

• Net profit for FY25 was ₹236.6 million, compared to ₹311.4 million in FY24 and a loss of ₹30.9 million in FY23.

• The company completed a major equity conversion, increasing equity share capital to ₹2,814.3 million as of March 31, 2025.

• Subsequent to year-end, 14 million new equity shares were issued for ₹1,260 million.

Financial highlights

• EBITDA improved with operating profit before tax at ₹445.1 million in FY25, up from ₹320.8 million in FY24.

• Gross margin remained stable, with cost of materials at ₹447.6 million and employee expenses at ₹863.1 million in FY25.

• EPS for FY25 was ₹0.72, down from ₹0.88 in FY24, reflecting higher tax expense.

• Cash flow from operations was strong at ₹1,489.5 million, but net cash decreased by ₹278.3 million due to high capital expenditure and debt repayments.

Outlook and guidance

• The company expects continued support from its parent for financial stability and ongoing expansion.

• No material impact is expected from upcoming changes in accounting standards.