Schloss Bangalore Limited has informed the Exchange about Investor Presentation
THELEELA · price
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The Leela (Schloss Bangalore) reported its best-ever Q1 FY26, with total revenue of ₹3,013 Mn (+25% YoY) and EBITDA of ₹1,280 Mn (+63% YoY), driven by 4% occupancy growth, 13% ADR increase to ₹18,817, and 20% RevPAR growth to ₹11,963. EBITDA margin expanded sharply by 980 bps to 42.5%, turning PAT positive at ₹87 Mn versus a ₹750 Mn loss in Q1 FY25, helped by lower finance costs from IPO-led debt repayment. Post-IPO, gross debt fell from ₹39,087 Mn to ₹15,147 Mn, with net debt/LTM EBITDA plunging from 3.7x to 0.3x, while Brookfield holds 75.9% stake. Management guided for mid-high teens EBITDA growth in FY26 and a Vision FY30 target of over ₹20,000 Mn EBITDA, supported by 8 new hotels in pipeline (966 keys), entry into Mumbai BKC via an 80-year land lease, and new verticals like ARQ invite-only luxury club and Leela Luxury Residences in Mumbai.
Strong operational beat, margin expansion, and a clean balance sheet post-IPO should be positive for the stock, with multi-year growth visibility from a clearly disclosed hotel pipeline. Investors should watch execution on new projects (Mumbai BKC, Agra, Ayodhya, Sikkim) and ramp-up of ARQ/residences verticals for sustained momentum.