Leela Palaces Hotels & Resorts Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Leela Palaces reported 28% growth in operating revenue and 41% growth in operating EBITDA for Q1 FY27, with EBITDA margin at 41% despite a temporary slowdown in international travel due to the West Asia conflict. Domestic room revenue grew 25% year-on-year while occupancy recovered to 67.5% and RevPAR grew 17%. Management also detailed continued expansion, including a new concession agreement for a resort in Tadoba and progress across its development pipeline.
Leela Palaces Hotels & Resorts reported Q4 FY26 operating revenue of Rs 484 crore, up 12% year-on-year, with operating EBITDA of Rs 266 crore, up 13%, and a 55% EBITDA margin. For the full year FY26, operating revenue rose 15% to Rs 1,527 crore and operating EBITDA grew 19% to Rs 743 crore, with profit after tax at Rs 403 crore compared to Rs 48 crore in FY25. Management attributed the quarter's occupancy decline to disruption in international travel linked to the Middle East conflict, while noting ADR grew 15% year-on-year and domestic demand remained resilient.