Leela Palaces Hotels & Resorts Limited share price

NSE: THELEELA · ISIN INE0AQ201015

Key numbers

Market cap
₹ 18,239 Cr
Current price
₹ 546.15
52-week high / low
₹ 583 / 385
Stock P/E
40.3
Book value
₹ 192.9
Dividend yield
0.00%
ROCE
8.7%
ROE
8.1%
Debt to equity
0.28
Sales growth (3 yrs)
21.1%
Profit growth (3 yrs)
-
1-year return
26.4%

About Leela Palaces Hotels & Resorts Limited

Leela Palaces Hotels & Resorts Limited operates in the hospitality industry in India. The company owns, operates, and manages hotels and resorts under The Leela brand name. It also offers gift cards. The company was formerly known as Schloss Bangalore Limited and changed its name to Leela Palaces Hotels & Resorts Limited in September 2025. The company was founded in 1986 and is headquartered in Mumbai, India.

Quarterly results

Consolidated figures in ₹ crores

Mar 2025Jun 2025Dec 2025Mar 2026Jun 2026
Sales425275457484352
Operating profit227101238266143
Net profit118914817249
EPS (₹)3.520.304.549.781.45

Concall summary (2026-08-06)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • Importantly, this growth is on a base of 20% RevPAR growth delivered in Q1 FY26, highlighting the compounding gains delivered by our palaces.
  • Notably, over FY20 to FY26, Leela's RevPAR growth has been 1.4x of the g rowth in luxury hospitality RevPAR and 1.6x of the growth in India's hospitality sector's RevPAR.

Growth & demand

  • Operating revenue increased by 28% Y-o-Y to INR3,520 million, driven by strong same-store growth, contribution from Coorg, higher F&B revenues, and growth in HMA fees income.
  • Both international and domestic is our important key pillars for our growth, and this when the international mix was a little muted, we focused on the domestic demand and we grew around 25% of the revenue, even our retail segment grew by more than 20%, whe re ADR also grew high double digit.

Margins & costs

  • Operating EBITDA grew 41% year-on-year to INR143 crores, highlighting the strong operating leverage of our business model and resulting in a record first quarter EBITDA margin of 41%.
  • Combined with disciplined cost management, this translated into a 383 basis point expansion in operating EBITDA margin, driving operating EBITDA up 41% Y-o-Y to INR1,434 million.

Capex & expansion

  • Overall, the balance sheet remains growth -ready with 1.6x net debt to EBITDA, maintained even as we continue to invest in our development pipeline.
  • But even if we take debt for, the capex and even for some acquisition if it's value accretive, we have always given the guidance that we are comfortable to an average of 2.5x in the coming years, up and down in some quarters.

Balance sheet & cash

  • The strength of our operating performance, combined with lower finance cost following the debt reduction through IPO, has translated into significant profitability growth.
  • The interest on the asset-level debt and the depreciation for the Dubai asset is required to be expensed as per the accounting standard, leading to an accounting loss in the Dubai SPV presently.

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