Leela Palaces Hotels & Resorts Limited — Q2FY27 earnings call summary

Filed 22 October 2026 · Official transcript

Capex pipeline progressing; 5,200 keys by FY30 with 50% owned and 50% managed
Q2 FY27 operating revenue grew 33% y-y to INR 4,119 million; operating EBITDA up 36% to INR 1,877 million with 46% margin
H1 FY27 operating revenue +30%, EBITDA +38%, PAT +72% to INR 1,433 million
Dubai JV EBITDA breakeven; renovation planned early FY28
Q3 and H2 FY27 outlook strong; mid-to-high teens EBITDA growth expected
BKC Mumbai mixed-use project on track for CY30; shareholders' approval pending for FSI purchase
Multiple new hotels and resorts opening FY27-FY28 including Jaisalmer, Mumbai Residences, Srinagar, Bandhavgarh, Agra, Ayodhya, Ranthambore, Sikkim
RevPAR grew 30% with 700 bps suite occupancy rise; strong domestic and international demand