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Earnings Call Transcript

Leela Palaces Hotels & Resorts Earnings Call Transcript: Key Takeaways

Leela Palaces delivered a robust Q1 FY27, pivoting to domestic demand to offset West Asia geopolitical disruptions. Management remains aggressive on luxury expansion and margin retention.

Guidance and delivery
Management target Revenue 15.0% FY27
Highlights
Revenue growth28% YoY growth driven by domestic leisure and MICE demand.
MarginsRecord 41% Q1 EBITDA margin; aiming for 50% long-term.
Demand visibilityStrong domestic visibility; international recovery progressive through the quarter.
Management confidenceHighly confident, focusing on premium positioning and structural demand-supply imbalance.

Growth

Operating revenue grew 28% YoY; EBITDA rose 41%. Performance was driven by a 17% RevPAR increase.

Outlook

Targeting 20 billion EBITDA by FY30; mid-to-high teens growth guided for FY27.

Risks

Geopolitical friction in West Asia impacts international arrivals; Dubai asset reporting accounting losses.

Last quarter's promises, checked

Delivered

  • Net Debt/EBITDA target 1.6x → delivered 1.6x (= BEAT)
  • EBITDA margin target best-in-class → delivered 41% Q1 (vs 49% FY26) (= BEAT)
  • RevPAR growth > industry → delivered 17% YoY (= BEAT)

Partly delivered

  • Dubai rebranding launch 2028 → remains in refurbishment phase (= PARTIAL)
  • Coorg acquisition revenue target 170cr → currently in rebranding/ramp-up (= PARTIAL)
Source

Earnings Call Transcript filed with BSE, NSE: THELEELA. Summary written with AI assistance from the document.

Read the document ↗

Leela Palaces Hotels & Resorts Ltd: key numbers

Share price
₹660.80
Market cap
₹22,068 Cr
Revenue (annual)
₹1,527 Cr
Net profit (annual)
₹403.1 Cr
P/E (TTM)
47.7×Sector 47.2×
Promoter holding
75.91%+0.00% QoQ
FII holding
7.22%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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14:46 IST NSE
Financial Results

Leela Palaces Hotels & Resorts Q2 FY27 Results: Net Profit ₹94.6 Cr, Up 26.6% YoY

Leela Palaces Hotels & Resorts Ltd reported revenue from operations of ₹411.9 Cr (+32.6% YoY) and net profit of ₹94.6 Cr (+26.6% YoY) for Q2 FY27.

Key figure
Net profit ₹94.6 Cr · +26.6% YoY