India · Delayed Price · Currency is INR Leela Palaces Hotels & Resorts Earnings Call Transcripts
Fiscal Year 2027
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Q1 FY 2027 saw 28% revenue and 41% EBITDA growth, driven by robust domestic demand, strong F&B, and expanding managed portfolio. Occupancy and RevPAR rose across city and resort hotels, with direct bookings and HMA fees also surging. Double-digit RevPAR and mid to high teens EBITDA growth are forecast for FY 2027.
Fiscal Year 2026
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FY 2026 saw record revenue, EBITDA, and profit growth, driven by strong ADR, robust domestic demand, and disciplined expansion, despite geopolitical headwinds. F&B and managed hotel segments delivered double-digit growth, with net debt halved and margins at industry-leading levels.
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Q3 FY 2026 saw 20% RevPAR and 23% EBITDA growth, with a 52% EBITDA margin and strong gains in both city and resort segments. Expansion continues with new hotels and robust demand, while guidance remains for sustained double-digit growth and a long-term EBITDA target of INR 2,000 crore by FY 2030.
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Q2 FY26 saw double-digit revenue and EBITDA growth, with strong RevPAR gains and four consecutive profitable quarters. Major strategic moves include a Dubai resort acquisition and BKC Mumbai project restructuring, both expected to deliver high returns and support ambitious FY30 EBITDA targets.
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Q1 saw record revenue and EBITDA, with strong growth in occupancy, ADR, and F&B. Expansion plans are on track, targeting double-digit EBITDA growth for FY26 and INR 2,000 crore EBITDA by FY30, supported by a robust pipeline and resilient luxury demand.