Leela Palaces delivered record FY26 PAT of ₹403cr vs ₹48cr YoY, with EBITDA margins expanding to 49%. Performance was driven by pricing power despite Q4 international demand disruptions from Middle East conflicts.
Leela Palaces Hotels & Resorts Limited has appointed M/s. PricewaterhouseCoopers Services LLP as Internal Auditor for a 12-month term starting April 1, 2026. The appointment was approved during a board meeting on April 28, 2026.
Leela Palaces Hotels & Resorts Limited is acquiring a stake in BPBKC Properties Private Limited for ₹1.00 Crore in cash. The acquisition of the real estate firm aims to explore investment opportunities in hospitality and real estate. The transaction is expected to be completed by the end of FY 2027.
Leela Palaces Hotels & Resorts Limited submitted its Monitoring Agency Report for Q4 FY2026. ICRA Limited confirmed that ₹2,500 Crore in IPO proceeds were utilized in line with stated objects, primarily for debt repayment and general corporate purposes. No deviations were observed during the audit committee review on April 28, 2026.
Leela Palaces Hotels & Resorts reported record FY26 results, with operating revenue growing 15% to ₹1,527.3 Crore and PAT rising significantly to ₹403 Crore. The company achieved record margins and successfully reduced net debt from ₹2,567.7 Crore to ₹1,270.7 Crore. Expansion continues with four new additions and a pipeline of over 1,000 keys by FY30.
Leela Palaces delivered a record FY26 with PAT of ₹4,030 Mn (8.5x YoY) and 49% operating EBITDA margin, driven by luxury segment outperformance and RevPAR index leadership.
Leela Palaces Hotels & Resorts Limited reported consolidated total income of ₹1,597.79 Crore for FY26. The board also approved a 50% stake investment in BPBKC Properties Private Limited for ₹1 Crore and appointed PwC as internal auditors for FY27. Financial results received an unmodified audit opinion from B S R & Co. LLP.
Leela Palaces Hotels & Resorts Limited has scheduled a board meeting on April 28, 2026, to consider and approve the audited standalone and consolidated financial results for the fiscal year ended March 31, 2026. The trading window remains closed until April 30, 2026.
Leela Palaces Hotels & Resorts Limited announced the successful passage of two special resolutions via postal ballot with requisite majority. The resolutions pertained to the ratification and amendment of the company's 2024 Employee Stock Option Scheme (ESOP). Voting concluded on April 16, 2026, with over 89% of votes cast in favour for both resolutions.
Leela Palaces Hotels & Resorts Limited announced that CRISIL reaffirmed its 'Crisil AA/Stable' rating for various bank facilities totaling over ₹4,309 Crore across the group. Ratings for certain proposed facilities were withdrawn as they were not availed. Additionally, a new 'Crisil AA/Stable' rating was assigned to Tulsi Palace Resort Private Limited.