Operates a portfolio of luxury hotels and resorts in India under The Leela brand, generating revenue from room stays, food and beverage, and management fees on third-party managed properties. As of Q1 FY27 the chain has 15 operational hotels plus a 10-property pipeline, taking total footprint to 25 sites with 5,257 keys. Q1 FY27 operating revenue grew 28% year-on-year to around ₹3,520 million, with food and beverage contributing about 38% of operating revenue (roughly ₹133 crore) and non-room streams exceeding 50% of operating revenue. Hotel management agreement (HMA) fees from managed hotels jumped 86% year-on-year to ₹262 million as the managed portfolio scales, and a new ARQ ultra-luxury membership club has been launched with a ₹45 lakh initiation fee targeting 2,000 stabilised members. Recent operating additions include the rebranded 76-acre, 71-villa Coorg Forest Sanctuary and a newly signed 30-key Tadoba concession (60+30-year term). The largest inputs on the cost line are employees at 20.0% of revenue and other operating overheads at 24.4%, with materials at 6.9% reflecting the food-and-beverage cost base. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Room revenue (owned/operated hotels), Food and beverage (38%), Hotel management agreement (HMA) fees, Other non-room revenue and memberships. Asset-heavy luxury hospitality with a mix of owned, leased and third-party-managed properties
| ₹ crore · consolidated | FY26 |
|---|---|
| Revenue | 1,527 |
| EBITDA (ex other income) | 736 |
| margin % | 48.2 |
| Owners' profit | 33 |
| EPS, as reported (₹) | 12.43 |
| ROE % · ROCE % | 6.2 · 8.3 |
| Debt / equity (x) | 0.24 |
| Cash from operations | 777 |
| Capex | (394) |
| ₹ crore | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|
| Revenue | 275 | 311 | 457 | 484 | 352 |
| Profit before tax | 16 | 96 | 176 | 204 | 80 |
| Net profit | 9 | 75 | 148 | 172 | 49 |
| EPS (₹) | 0.30 | 2.35 | 4.54 | 9.78 | 1.46 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| THE INDIAN HOTELS CO. LTD | 1,02,271 | 47.7 | 6.85 | 27.2 | 15.0 | 16.2 | 43.8 | 32.2 |
| ITC HOTELS LIMITED | 32,180 | 37.1 | 2.75 | 20.9 | 7.0 | 9.0 | — | 37.5 |
| CHALET HOTELS LIMITED | 19,293 | 36.5 | 5.22 | 17.5 | 17.4 | 13.6 | 56.6 | 45.5 |
| EIH LIMITED | 17,976 | 25.3 | 3.32 | 16.8 | 12.2 | 14.9 | 42.7 | 31.6 |
| LEELA PALACES HOTEL LTD ◆ | 17,930 | 29.6 | 2.78 | 24.0 | 6.2 | 5.9 | — | 43.2 |
| VENTIVE HOSPITALITY LTD | 13,431 | 28.0 | 1.99 | 11.8 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 4 Sept 2026 · All three resolutions approved at 2026 AGM with strong support | board shareholder meetings | low | — | — |
| 4 Sept 2026 · 7th AGM held; FY26 accounts and director re-appointment transacted | board shareholder meetings | low | — | — |
| 14 Aug 2026 · Notice of 7th AGM and Annual Report FY26 dispatch confirmed | compliance | minimal | — | — |
| 13 Aug 2026 · Annual Report 2025-26 weblink sent to shareholders without registered emails | compliance | minimal | — | — |
| 13 Aug 2026 · Leela Palaces files BRSR for FY 2025-26 with TUV SUD assurance | general | low | — | — |
| 13 Aug 2026 · Notice of 7th AGM of Leela Palaces Hotels on September 4, 2026 | board shareholder meetings | low | — | — |
| 12 Aug 2026 · Notice of 7th Annual General Meeting on September 4, 2026 | compliance | minimal | — | — |
| 11 Aug 2026 · Leela Palaces to attend Equirus India Growth Summit on Aug 13 | board shareholder meetings | low | — | — |
| 11 Aug 2026 · Leela Palaces to hold 7th AGM on September 4, 2026 via video conference | board shareholder meetings | low | — | — |
| 10 Aug 2026 · Investing up to Rs 185 crore in subsidiary for Ayodhya hotel project | fund raising | high | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| 7.4 |
| 7.4 |
| — |
| 37.7 |
| LEMON TREE HOTELS LTD | 8,314 | 35.4 | 4.00 | 15.4 | 13.9 | 9.2 | 41.8 | 44.1 |
| INDIA TOUR. DEV. CO. LTD. | 5,888 | 71.8 | 14.33 | 48.1 | 20.0 | 26.6 | 24.7 | 17.2 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 29.6 | 24.1 | 35 of 60 | 42% |
| P/B | 2.8 | 1.9 | 41 of 57 | 29% |
| ROCE | 5.9 | 4.9 | 29 of 65 | 56% |
| ROE | 6.3 | 6.4 | 31 of 59 | 48% |
| Debt / Equity | 0.2 | 0.2 | 34 of 59 | 43% |
| EBITDA margin | 43.2 | 29.5 | 16 of 58 | 74% |
| Revenue growth | 28.1 | 7.6 | 11 of 58 | 83% |
| Profit growth | 460.3 | 11.6 | 3 of 55 | 96% |
| Market cap | 17930 | 274 | 5 of 66 | 94% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
