Leela Palaces Hotels & Resorts Limited — Q1FY27 earnings call summary

Filed 06 August 2026 · Official transcript

Q1 FY27 operating revenue grew 28% y-y to INR3.52bn; operating EBITDA rose 41% y-y to INR1.43bn with 41% margin
FY27 guidance: double-digit RevPAR growth, mid-to-high teens EBITDA growth
Tadoba resort project signed for INR1.2bn, 30 keys, targeted CY30 completion
Net debt/EBITDA at 1.6x; comfortable leverage up to 2.5x for value-accretive capex
Direct bookings doubled to 16% of revenue; lower distribution costs support EBITDA margins
Management fees grew 86% y-y; growth expected with portfolio ramp-up and new openings
Domestic room revenue up 25% y-y; international demand recovering with June showing 1% y-y growth
Coorg resort rebranded with nearly doubled ADR and EBITDA breakeven in Q1