| Revenue growth | Revenue grew 31% YoY to ₹1,329 million, capacity-led growth. |
|---|---|
| Margins | EBITDA margin at 58.45%, though pressured by 72% fuel cost spike. |
| Demand visibility | Strong, specifically citing a 40% projected increase in wedding segment dates. |
| Management confidence | Aggressively optimistic, downplaying fuel cost headwinds through fleet expansion narrative. |
Growth
Revenue hit ₹1,329 million, driven by a 126% capacity increase and higher average ticket prices of ₹10,300.
Outlook
Capacity will double again in 11 months with 'Sun' vessel; exploring further fleet expansion beyond FY27.
Risks
Fuel costs per passenger day surged 72% YoY, posing a severe threat to structural margin sustainability.
Last quarter's promises, checked
Delivered
- Target delivery of Cordelia Sky by Sep 2026 → Delivered early (Sep 2026) (= BEAT)
- Launch Chairman’s Club loyalty program end of Q2 → Launched program (= BEAT)
- Open new sales center in Cochin by Sep 2026 → Center opened (= BEAT)
Partly delivered
- Guided 10-12% revenue growth on Empress → Delivered 31% group revenue via capacity add (= PARTIAL)
Missed
- Guided 12% net profit margin → Delivered 44% (distorted by one-time $5.2M gain) (= MISS/DISTORTED)
Earnings Call Transcript filed with NSE, NSE: CORDELIA. Summary written with AI assistance from the document.
Waterways Leisure Tourism Ltd: key numbers
- Share price
- ₹88.31
- Market cap
- ₹6,393 Cr
- Revenue (annual)
- ₹579.7 Cr
- Net profit (annual)
- ₹52.14 Cr
- P/E (TTM)
- 59.4×Sector 34.0×
- Promoter holding
- 89.35%+0.00% QoQ
- FII holding
- 2.73%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Waterways Leisure Tourism Ltd
All →Waterways Leisure Tourism Capacity Expansion
Cordelia Cruises begins two-ship operations with Sky from Mumbai and Empress from Kochi. The fleet expansion broadens India's cruise network and deployed capacity.
- cruise passenger capacity (Cordelia Sky)
- 2280 guests
Waterways Leisure Tourism Other Announcement
Waterways Leisure Tourism Ltd submitted its quarterly shareholding pattern for the period ended September 30, 2026, in compliance with SEBI regulations.
Waterways Leisure Tourism Results Update
Waterways Leisure Tourism reported Q2 FY27 revenue of ₹132.9 Crore and PAT of ₹58.5 Crore, driven by strong operational demand and improved ticket yields.
Waterways Leisure Tourism Q2 FY27 Results: Turns Profitable, Net Profit ₹58.5 Cr
Waterways Leisure Tourism Ltd reported revenue from operations of ₹132.9 Cr (+30.9% YoY) and net profit of ₹58.5 Cr for Q2 FY27.
- Key figure
- Net profit ₹58.5 Cr
Waterways Leisure Tourism Board Meeting Date
Waterways Leisure Tourism Limited will hold a board meeting on October 9, 2026, to consider and approve its unaudited financial results for the September 2026 quarter.
Waterways Leisure Tourism Capacity Expansion
Waterways Leisure Tourism adds Cordelia Sky, a 2,004-guest ship, to its fleet for Mumbai sailings starting October 2026. Itineraries span weekends, Lakshadweep, and Southeast Asia routes.
- cruise ship guest capacity
- 2004 guests